Downstream

This post was originally published on this siteSummary Iran to hold nuclear talks with European powers on Nov 29 OPEC+ scheduled to meet on Dec. 1 China’s crude imports to rebound in Nov Nov 25 (Reuters) – Oil prices steadied on Monday following 6% gains last week, with mounting tensions between Western powers and major […]

This post was originally published on this siteSummary Plan includes lifting Biden’s pause on LNG export licenses Trump will seek to expedite drilling permits on federal land Trump to seek to boost sales of offshore oil drilling leases Reuters) – Donald Trump’s transition team is putting together a wide-ranging energy package to roll out within

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This post was originally published on this siteSummary Northvolt co-founder urges EU not to give up EV battery dream Firm has filed for bankruptcy protection, needs $1.0-$1.2 bln EU hopes hit by weak EV sales, production issues, China strength (Reuters) – Northvolt’s financial collapse deals a blow to Europe’s plan to set up its own

This post was originally published on this siteWorked with Elon Musk at Tesla before heading up Swedish EV battery maker Bloomberg News Northvolt AB chief executive Peter Carlsson is stepping down as the Swedish battery maker embarks on a restructuring under bankruptcy court protection. Carlsson, a co-founder of Northvolt, has led the electric-vehicle supplier since

This post was originally published on this siteBloomberg News Suncor Energy Inc.’s crude output from wells in Alberta rose to a record in October on gains at the Firebag oilsands site, which the producer’s chief executive has called a “rock star” operation. Suncor’s wells in the province produced about 284,000 barrels a day last month, the most

This post was originally published on this siteSummary Russia will keep testing hypersonic missile in combat US imposes new sanctions on Moscow China crude oil imports set to rebound in November Nov 22 (Reuters) – Oil prices climbed about 1% on Friday, settling at a two-week high, as the intensifying war in Ukraine this week

This post was originally published on this site(Reuters) – U.S. energy infrastructure providers are on pace to post their best year in many, as investors hedge against volatility in the commodity markets and wager on long-term demand fueled by the rise of power-guzzling technologies such as generative AI. The Alerian Midstream Energy Index, which tracks

This post was originally published on this site(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first time since early October, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas

This post was originally published on this site(Reuters) – U.S. natural gas futures dropped about 5% on Friday as higher prices in recent weeks has finally prompted producers to start boosting output and on forecasts for less cold weather over the next two weeks than previously expected. After closing at a one-year high on Thursday,