Europe accuses US of profiting from war – POLITICO

Press play to listen to this article Expressed by artificial intelligence. Nine months after invading Ukraine, Vladimir Putin is beginning to fracture the West. Top European officials are furious with the Joe Biden administration and now accuse Americans of making their fortunes from war, while EU countries are suffering. “The fact is, if you look … Read more

Chevron Gets U.S. License to Pump Oil in Venezuela Again

WASHINGTON—The United States has said it will allow Chevron Corp. CLC -0.29% to resume pumping oil from its Venezuelan oil fields after President Nicolás Maduro’s government and an opposition coalition agreed to implement an estimated $3 billion humanitarian aid package and continue dialogue in Mexico City on efforts to organize free and fair elections. Following … Read more

U.S. Rig Count Sees Small Increase In Thanksgiving Week

The total number of active rigs in the United States increased by 2 this week, according to new data from Baker Hughes released on Wednesday instead of Friday this week due to the Thanksgiving holiday. The total number of platforms increased to 784 this week – 215 platforms more than the number of platforms this … Read more

How the U.S. became a global leader in LNG – and why Canada has fallen behind

As Highway 27 winds around Calcasieu Lake in southwest Louisiana, massive storage tanks tower over the wetlands in what is shaping up to be a new global epicentre for exports of liquefied natural gas. Near the town of Hackberry, Cameron LNG is eyeing expansion of its already-huge terminal, which opened in 2019. Along the highway … Read more

Mexico in talks with U.S. storage providers to set up gas reserve

SAN ANTONIO, Nov 17 (Reuters) – Mexico is in talks with U.S. storage providers to create a strategic gas reserve that could be used in an emergency, an official with the country’s power utility said. after a 2021 cold snap left businesses in northern Mexico. without gas. Mexico relies on the United States to meet … Read more

UK to announce U.S. gas deal after climate change summit -Telegraph

Nov 7 (Reuters) – British Prime Minister Rishi Sunak is set to announce a major natural gas deal with the United States after the COP27 climate change summit, the Telegraph newspaper reported on Monday. Britain expects the United States to pledge around 10 billion cubic meters of liquefied natural gas (LNG) over the coming year, … Read more

Frackers Jockey With Potash Miners for Space to Grow in Top U.S. Oil Field

Frackers at America’s busiest oilfield clash with miners working to boost production of a vital nutrient for crops in short supply after Russia invaded Ukraine. Relentless drilling in the Delaware Basin has boosted New Mexico’s oil production faster than any other state in the past 10 years. But Delaware, part of the Permian oilfield that … Read more

Biden Pitches Plan to Refill Oil Reserves, but Producers Are Skeptical

After releasing the most oil ever extracted from the U.S. Emergency Petroleum Reserve, the Biden administration signals it will soon fill, a multibillion-dollar venture that it hopes will spur drilling activity slow domestic. The land is likely to be a tough sell for many domestic producers, say industry executives and analysts. “It’s a bit more … Read more

U.S. home heating bills expected to surge this winter -EIA

Oct 12 (Reuters) – U.S. consumers can expect to pay up to 28% more to heat their homes this winter than last year due to soaring fuel prices and slightly colder weather, a predicted by the US Energy Information Administration (EIA) in its Winter Fuels Outlook. Wednesday. Nearly half of U.S. households rely on natural … Read more