Author: Alex Kimani
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NextEra Looks at Permian to Double its $20 Billion Texas Investment
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info By Alex Kimani – Mar 12, 2025, 11:30 AM CDT Renewable energy developer, NextEra Energy (NYSE:NEE) is considering doubling its $20B investment in Texas, with the renewable energy company currently exploring land in the Permian Basin for development,…
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U.S. Supreme Court Rules In Favor Of Climate Lawsuits
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info By Alex Kimani – Mar 10, 2025, 12:30 PM CDT The U.S. Supreme Court on Monday rejected a bid by Republican-led states to block lawsuits brought by Democratic-led states seeking to hold oil and gas companies accountable for…
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Trafigura Iran Sanctions Are Biggest Bullish Catalyst On Oil Prices
By Alex Kimani – Feb 26, 2025, 11:00 AM CST Trafigura Head of Trading: U.S. foreign policy vis-a-vis Iran is the main upside risk for oil. Last year, Trump pledged in his Republican National Convention speech to dramatically lower Iranian oil exports. On Tuesday, the Trump administration imposed further sanctions on more than 30 people…
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Exxon’s Gas Project In Guyana To Include Fertilizer Plant
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info By Alex Kimani – Feb 19, 2025, 12:30 PM CST U.S. oil and gas major Exxon Mobil Corp.’s (NYSE:XOM) large-scale gas project in Guyana will also include fertilizer plants, the head of the U.S. oil major in Guyana,…
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Is Petrobras’ New Discovery Reviving Brazil’s Pre-Salt Oil Boom
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Feb 18, 2025, 7:00 PM CST Petrobras has discovered a new oil accumulation in the Búzios field in Brazil’s pre-salt Santos Basin. The Búzios field is estimated to have recoverable oil reserves…
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U.S. Fuel Prices Surge On Refinery Maintenance And Outages
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info By Alex Kimani – Feb 17, 2025, 12:30 PM CST U.S. gasoline prices have resumed their uptrend, with AAA reporting the national average at $3.161 per gallon of regular compared to $3.139 a week ago and $3.115 a…
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Oil Prices Sink Deeper After Trump Calls Both Putin and Zelensky
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info By Alex Kimani – Feb 13, 2025, 1:22 AM CST The oil price selloff accelerated on Wednesday after U.S. President Donald Trump took the first big step towards ending Russia’s war in Ukraine three weeks after his inauguration. …
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Oil Prices Fall On Rising Crude Inventories, Hawkish Fed
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info By Alex Kimani – Feb 12, 2025, 11:30 AM CST Oil prices fell in Wednesday’s morning session, ending three days of gains thanks to rising U.S. crude stockpiles and hawkish remarks from Fed Chair Jerome Powell. Brent crude…
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U.S. Gasoline Prices Resume Downtrend
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info By Alex Kimani – Feb 03, 2025, 12:30 PM CST U.S. gasoline prices have resumed their recent downtrend, with AAA reporting the national average at $3.098 per gallon of regular compared to $3.150 a week ago but still…
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Ukrainian Drone Attacks Disrupt Key Russian Oil Export Route
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info By Alex Kimani – Jan 30, 2025, 3:30 PM CST An overnight attack by Ukrainian drones on Russia’s Andreapol oil pumping station, part of the oil export route via the Baltic Sea port of Ust-Luga, has forced oil…