Analysis: Global natgas price surge looms for United States this winter

[ad_1] [1/2]Snow covered transfer lines leading to storage tanks at the Dominion Cove Point Liquefied Natural Gas (LNG) terminal in Lusby, Maryland, March 18, 2014. REUTERS/Gary Cameron Oct 4 (Reuters)…

US buys over 3 mln bbls for oil stockpile, announces plan for 3 mln more

[ad_1] WASHINGTON, June 9 (Reuters) – The U.S. Department of Energy said on Friday it awarded supply contracts to five companies to deliver 3.1 million barrels of crude oil to…

Citigroup hires former UBS banker for energy dealmaking – memo

[ad_1] June 1 (Reuters) – Citigroup Inc (C.N) has hired former UBS Group AG (UBSG.S) banker Dan Ford as a vice chairman within the natural resources and clean energy transition…

Alberta wildfire shuts in at least 3% of Canadian energy production

[ad_1] May 8 (Reuters) – Canada’s main oil-producing province Alberta on Saturday declared a provincial state of emergency due to wildfires, shutting in at least 280,000 barrels of oil equivalent…

White House will seek law to require carbon-free power from U.S. utilities

[ad_1] April 1 (Reuters) – The Biden administration said on Thursday it will seek to pass a law requiring utilities to source more power from renewable and other clean sources…

Marathon Petroleum posts smaller-than-expected loss as refining margins improve

[ad_1] May 4 (Reuters) – U.S. refiner Marathon Petroleum Corp (MPC.N) reported a smaller-than-expected first quarter loss on Tuesday helped by a jump in refining margin and COVID-19 vaccine rollouts,…

Floating wind power gains traction but can it set sail?

[ad_1] LONDON, April 24 (Reuters) – After a bumper year for floating offshore wind farm tenders, the nascent industry is poised for explosive growth in the coming decade as countries…

OPEC, U.S. oil firms expect subdued shale rebound even as crude prices rise

[ad_1] LONDON/HOUSTON, Feb 22 (Reuters) – OPEC and U.S. oil companies see a limited rebound in shale oil supply this year as top U.S. producers freeze output despite rising prices,…

U.S. Energy Department probes hack, says no threat to national security

[ad_1] WASHINGTON, Dec 17 (Reuters) – The U.S. Department of Energy said on Thursday it was responding to a cyber breach that was part of the suspected Russian campaign hitting…

EXCLUSIVE BP gives Caribbean refinery more time to hit operating targets -sources

[ad_1] NEW YORK, Jan 6 (Reuters) – BP Plc (BP.L)has given the operator of a Caribbean refinery more time to fully restart and retain its crude oil supply agreement after…