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HomeUS Energy News

US Energy News

Crude Oil News

U.S. crude oil exports to be in demand this year as trade flows reshuffle

February 18, 2023 Mariel Alumit

U.S. crude oil exports that have been boosted by a trade flow reshuffle in the aftermath of Russia’s invasion of Ukraine will remain elevated this year as Europe and Asia search for supplies, company officials […]

EnergyNews

U.S. LNG producers Poised to Leapfrog Rivals with Three New Projects

February 18, 2023 Mariel Alumit

​NEW YORK, Feb 16 (Reuters) – At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would […]

Downstream

Column: U.S. jet fuel shortage drives airline costs higher

February 18, 2023 Mariel Alumit

​A business jet is refueled using Jet A fuel at the Henderson Executive Airport during the National Business Aviation Association (NBAA) exhibition in Las Vegas, Nevada, U.S. October 21, 2019. REUTERS/David Becker LONDON, Feb 16 […]

LNG
Exports

U.S. LNG producers poised to leapfrog rivals with three new projects

February 17, 2023 Mariel Alumit

NEW YORK, Feb 16 (Reuters) – At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would […]

US
Biofuels

Midwest US Ethanol Push Seen Lifting Gasoline Costs by up to 12 Cents a Gallon

February 17, 2023 Mariel Alumit

Motorists in the Midwest US could expect to pay more for gasoline under a fuel policy shift demanded by governors in the region, with a new refining industry-commissioned analysis outlining larger-than-expected impacts of the change.The study, […]

LNG
EnergyNews

U.S. natgas rises 3% as gas flows to LNG plants hit 8-month high

February 17, 2023 Mariel Alumit

U.S. natural gas futures rose about 3% on Thursday as the amount of gas flowing to liquefied natural gas (LNG) export plants rose to a fresh eight-month high, with Freeport LNG’s plant in Texas receiving […]

Electric Vehicles

Foran sees resource growth potential at Tesla discovery

February 16, 2023 Mariel Alumit

Foran Mining (TSXV: FOM; US-OTCQX: FMCXF) has released initial drill results from the 2023 winter program at the Tesla copper-zinc-gold-silver discovery, about 300 metres north of its McIlvenna Bay deposit in Saskatchewan. Several intersections highlighted […]

Carbon
Carbon Capture

Carbon Offset Market Could Reach $1 Trillion With Right Rules

February 16, 2023 Mariel Alumit

Doubts over credit quality and climate impact gave investors pause in 2022, but long-term demand could still drive massive growth: BNEF New York and London, January 23, 2023 – The total value of carbon credits produced […]

EnergyNews

Vital Energy Announces Midland Basin Acquisition

February 15, 2023 Mariel Alumit

TULSA, OK, Feb. 14, 2023 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital” or the “Company”) today announced the signing of a definitive purchase and sale agreement to acquire the assets of Driftwood Energy […]

Earnings

COMSTOCK RESOURCES, INC. REPORTS FOURTH QUARTER 2022 FINANCIAL AND OPERATING RESULTS

February 15, 2023 Mariel Alumit

FRISCO, TX, Feb. 14, 2023 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) today reported financial and operating results for the quarter and year ended December 31, 2022. Highlights Generated free […]

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