Oil prices settle lower as Beryl-infused supply disruptions less bad than feared

Investing.com– Oil prices settled lower Tuesday as impact to oil-producing infrastructure across Texas from Hurricane Beryl weren’t as bad as feared, easing bets on supply disruptions.  At 14:30 ET (18:30 GMT), Brent oil…

Oil companies in Texas try to restore operations following storm Beryl

By Arathy Somasekhar, Erwin Seba and Marianna Parraga HOUSTON (Reuters) -Oil and gas companies in Texas were making efforts to restart operations on Tuesday after Hurricane Beryl lashed the state…

Colorado State University increases forecast for number of hurricanes in 2024

By Erwin Seba HOUSTON (Reuters) – Colorado State University (CSU) weather forecasters on Tuesday increased the number of hurricanes expected in 2024 in the closely watched July update to their…

Chile will consider 81 lithium projects proposals from private sector

SANTIAGO (Reuters) – Chilean officials on Tuesday said they will consider 81 proposals for lithium projects across the South American country, putting the country on track to surpass a goal…

India eyes energy deals with Rosneft and other Russian companies

By Nidhi Verma and Krishn Kaushik NEW DELHI (Reuters) – India wants to strengthen its energy ties with Russia and could seek deals with Rosneft and other leading Russian oil…

Oil companies in Texas restoring operations following storm Beryl

By Marianna Parraga, Arathy Somasekhar and Erwin Seba HOUSTON (Reuters) -Oil and gas companies in Texas were restarting operations on Tuesday after Hurricane Beryl lashed the state with 80-mph winds,…

Oil prices slip after US crude hub escapes serious storm damage

By Noah Browning (Reuters) -Oil prices slipped on Tuesday after a hurricane that hit a key U.S. oil-producing hub in Texas caused less damage than markets had expected, easing concerns…

New US solar duties would raise costs and threaten climate goals, report says

(Reuters) – Solar panel prices could increase by as much as 66% if the U.S. puts new tariffs on imports from Southeast Asia, threatening the nation’s goals for an energy…

Low prices, pay delays drive Ghana cocoa farmers to smugglers

By Maxwell Akalaare Adombila HOHOE DISTRICT, Ghana (Reuters) – Low prices and payment delays are pushing Ghana’s cocoa farmers to sell to increasingly sophisticated smuggling rings, siphoning off production from…

Brutal heat grips millions in southeast Texas who remain without power

(Reuters) – Millions of Americans in southeast Texas were facing brutally hot conditions on Tuesday without the relief of air conditioning after Tropical Storm Beryl knocked out power to a…