Shell Is Studying Merits of BP Deal as Rival’s Stock Slumps
(Bloomberg) — Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s…
Germany’s Red Tape Creates a Berlin-Sized Hole in Energy
(Bloomberg) — Nestled along the banks of the Neckar River in southwest Germany, the bucolic university town of…
Chevron Slashes Buybacks as Trump Trade War, OPEC Hit Oil
(Bloomberg) — Chevron Corp. will slash share buybacks this quarter after oil prices have tumbled, indicating that President…
WTI Stuck Below $60 as EIA Confirms Crude, Gasoline Draws
By Julianne Geiger – Apr 30, 2025, 9:38 AM CDT Crude oil inventories in the United States saw…
Crude Oil Inventory Gain Outshone By Product Draws
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 3.76 million barrels…
Alaska LNG project aims to transform US energy exports to
Japan’s top power generator JERA, the world’s second-largest LNG buyer after China, may consider the $44 billion Alaska…
Woodside gives green light to massive Louisiana LNG project
Woodside Energy Group has approved the development of its Louisiana LNG facility, committing to a $17.5 billion investment…
Large Product Draws Arrest Oil Price Slide
By Julianne Geiger – Apr 23, 2025, 9:48 AM CDT Crude oil inventories in the United States saw…
Oil Prices Rebound As Inventory Slips
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.565 million barrels…
Japan Embraces Lab-Made Fuels Despite Costs, Climate
(Bloomberg) — For Japan’s largest utilities, lab-made fuels are a meaningful step toward greener energy that also extends…
Oil Traders Lurch From Praying for Volatility to Drowning in
(Bloomberg) — Until recently, oil traders complained that it was almost impossible to wring profits out of a…
U.S. Refining Giant Valero to Shut California Refinery
Valero Energy plans to idle, restructure, or cease refining operations at its Benicia Refinery in California by the…