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US, Japan to make deal on LNG, Trump says
WASHINGTON, July 22 (Reuters) - U.S. President Donald Trump said on Tuesday that the United States will make a deal with Japan on LNG. While speaking at an event at the White House, Trump added that Japan will form a joint venture with the U.S. for LNG in Alaska.Reuters
Tue, Jul 22
Biggest US power grid auction prices rise by 22% to new heights
PJM auction prices rise due to data center demand, supply shortfallShares of power companies rise on auction resultsEnvironmental groups criticize PJM for slow renewable energy integrationBy Laila Kearney July 22 (Reuters) - Prices out of the biggest U.S. power auction, held by grid operator PJM ...Reuters
Tue, Jul 22
US energy chief says sanctioning Russian oil to end Ukraine war a possibility
WASHINGTON, July 22 (Reuters) - U.S. Energy Secretary Chris Wright said on Fox News on Tuesday that sanctioning Russian oil to end the Ukraine war is a "very real possibility."President Donald Trump said this month that Washington could put 100% tariffs on buyers of Russian oil and impose ot...Reuters
Tue, Jul 22
Baker Hughes beats second-quarter profit estimates on strong demand for natgas technology
Baker Hughes wraps up oilfield sector earnings with profit beat, cautious upstream spending outlookCompany aims to exceed $1.5 billion data center orders target earlier than expectedGas technology services orders surge 28%, boosting IET revenue July 22 (Reuters) - Oilfield services provider Baker...Reuters
Tue, Jul 22
LIVESTOCK-CME feeder cattle hit fresh peaks on shrinking supplies, strong cash prices
By P.J. HuffstutterCHICAGO, July 22 (Reuters) - Chicago Mercantile Exchange cattle futures continued to rally on Tuesday, with feeder contracts setting new all-time highs, as U.S. cash prices remained firm and domestic supplies of replacement animals continued to shrink, market analysts said.But nea...Reuters
Tue, Jul 22
Hanwha entities to build US-flagged LNG carrier
LNG carrier would be built in Korea, flagged in USDeal lands as US works to revive shipbuildingNew US rules would require transport on US-built shipsBy Lisa Baertlein July 22 (Reuters) - Hanwha Shipping, a U.S. subsidiary of Korean shipbuilder Hanwha Ocean 042660.KS, on Tuesday said it ordered a ...Reuters
Tue, Jul 22
US Cash Grains-Corn, soy bids mixed in muted trade
CHICAGO, July 22 (Reuters) - Spot basis bids for corn and soybeans were mixed in the U.S. Midwest on Tuesday as trade remained quiet and rains created a greenhouse-like effect for the nascent crops. The corn basis rose at an Illinois river terminal and fell at a Nebraska elevator. The soy basis rose...Reuters
Tue, Jul 22
North Dakota rig count falls by 3 on the month to 29 in July, state regulator says
By Georgina McCartneyJuly 22 (Reuters) - North Dakota oil drillers are currently running 29 rigs, down from 32 in June, the state regulator said on Tuesday, as operators continue to deploy more efficient drilling technologies.More efficient drilling allows operators to do more with less, lowering ca...Reuters
Tue, Jul 22
US Cash Products-Gulf Coast gasoline grades diverge ahead of trading cycle change
NEW YORK, July 22 (Reuters) - Cash differentials for gasoline grades went in opposite directions in the U.S. Gulf Coast on Tuesday, the last day to trade for deliveries on the Colonial Pipeline's 43rd annual pumping cycle to New York Harbor, market participants said.Gulf Coast M2 conventional ga...Reuters
Tue, Jul 22
ConocoPhillips nears sale of Oklahoma assets to Stone Ridge Energy, sources say
Stone Ridge Energy emerged as top bidder in auction of assetsFlywheel Energy to operate assets on behalf of Stone Ridge, source saysConocoPhillips aims to surpass $2 billion divestment targetBy Shariq Khan NEW YORK, July 22 (Reuters) - U.S. oil and gas producer ConocoPhillips COP.N is in advanced...Reuters
Tue, Jul 22
FAA says power outage forced postponement of SpaceX TRACERS launch
WASHINGTON, July 22 (Reuters) - The Federal Aviation Administration said a regional power outage disrupted telecommunications at the Los Angeles Air Route Traffic Control Center, which forced postponing of the SpaceX Falcon 9 TRACERS launch on Tuesday.The regional power outage in the Santa Barbara a...Reuters
Tue, Jul 22
US Cash Crude-Mars Sour steadies following US emergency stockpile release
July 22 (Reuters) - Cash price differentials for Mars Sour, a key U.S. sour crude grade, strengthened slightly on Tuesday, taking a break from a free fall in price after quality issues caused the U.S. to release barrels from its emergency stockpile. Mars Sour WTC-MRS strengthened 10 cents at a midpo...Reuters
Tue, Jul 22
EQT Corp beats second-quarter profit estimates
July 22 (Reuters) - U.S.-based energy company EQT Corp EQT.N beat Wall Street estimates for second-quarter adjusted profit on Tuesday, benefiting from higher natural gas prices and sales volumes.The company reported adjusted profit of 45 cents per share for the quarter ended June 30, above analysts&...Reuters
Tue, Jul 22
Oil and gas producer Range Resources Q2 adjusted EPS beats estimates
OverviewRange Resources Q2 2025 adjusted EPS beats analyst expectations, per LSEG dataAdjusted net income of $158 mln missed analyst estimates, per LSEG dataCompany repurchased $53 mln of shares, reduced net debt to $1.2 blnOutlookCo expects 2025 capital spending of $650 mln to $680 mln vs prior guiReuters
Tue, Jul 22
CIF/FOB Gulf Grain-Corn, soybean barge bids steady to higher
CHICAGO, July 22 (Reuters) - Basis bids for corn and soybeans delivered by barge to U.S. Gulf Coast terminals were steady to stronger on Tuesday, traders said. Slow farmer selling of crops and an uptick in freight costs have supported CIF values, traders said.In demand news, South Korea's Major...Reuters
Tue, Jul 22
Baker Hughes beats second-quarter profit estimates
July 22 (Reuters) - Oilfield services provider Baker Hughes BKR.O surpassed Wall Street expectations for second-quarter profit on Tuesday, as it benefited from robust demand for its natural gas equipment and services.The Houston-based company posted an adjusted profit of 63 cents per share for the t...Reuters
Tue, Jul 22
PJM power auction results rose 22% from last year
July 22 (Reuters) - An annual power market auction by the largest U.S. electrical grid operator resulted in prices 22% higher than last year, the operator said on Tuesday.PJM Interconnection, which covers parts of 13 states from Illinois to New Jersey, revealed the prices for power plants landed at ...Reuters
Tue, Jul 22
