Thursday, April 3, 2025

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Venture Global reports that it exported 29 cargoes of LNG from Plaquemines plant in Q1

Venture Global, a U.S. developer of liquefied gas in Louisiana, exported 29 cargoes during the first quarter 2025 from its Plaquemines plant. The company announced this…

Forecasters predict a higher-than-average Atlantic hurricane season in 2025

Colorado State University forecasters announced on Thursday that the 2025 hurricane season in the Atlantic basin is expected to be above average with 17 named tropical systems…

US to develop AI on Energy Department Lands

On Thursday, the administration of Donald Trump announced that it had identified 16 sites in the U.S. Department of Energy where data centers and energy plants to support artificial intelligence could be built.

US tech and retail stocks lead the rout following Trump's tariff blow

Apple, Walmart and Nike are among the U.S. megacap tech companies that led to a global meltdown after President Donald Trump announced new tariffs. The fears about a cost…

Waaree, a manufacturer of Indian solar modules, says that tariffs will not affect its business in the near future.

Amit Paithankar, CEO of India's largest solar panel maker Waaree Energies, said that he does not anticipate the reciprocal tariffs imposed by President Donald Trump on the…

Palm oil prices fall as Trump tariffs cause profit booking

Malaysian palm futures fell on Thursday, ending a four session rally. Profit-taking was a factor in the decline, following President Donald Trump’s tariffs against trade partners.

Gold prices stabilize after Trump tariffs.

The gold price took a break on Thursday, after it surged to another record high. This was after U.S. president Donald Trump announced sweeping import duties that drove investors into the safe-haven investment.

Prices for EUROPE GAS continue to fall as the warm weather continues curb demand

The Dutch and British gas price continued to fall on Thursday as the warmer weather continues reducing demand. Meanwhile, the market is watching the impact of Trump’s "Liberation Day tariff plan".

EU Chief: EU to counter new US tariffs

The European Commission's Ursula von der Leyen said that Donald Trump's tariffs on all goods and services were a serious blow to the global economy. She also stated that…

Palm prices fall as Trump tariffs lead to profit booking

Malaysian palm futures fell on Thursday after a four session rally. Profit-taking was blamed for the decline, following President Donald Trump’s tariffs against trade partners.

Mitsubishi to invest $27 billion in the next three years to drive growth

Mitsubishi Corp, a Japanese trading company, said it would invest 4 trillion yen (about 27 billion dollars) in the next three financial years to boost growth. It also aims…

Trump's tariffs have already been carved out in a significant way. Russell: Oil and gas

Energy commodities were excluded from the new tariffs announced by U.S. president Donald Trump. White House announced on Wednesday that the baseline of 10% for all imports…

US Businesses brace themselves for more pain when Trump imposes reciprocal tariffs

The U.S. president Donald Trump announced on Wednesday a number of reciprocal duties on trading partners, the latest of a long list of duties that have been imposed by him…

Trump exempts oil imports from his sweeping tariffs

The White House announced on Wednesday that imports of refined products, oil and gas were exempted by President Donald Trump from his new sweeping tariffs. The exemption is a welcome relief for the U.S.

US Senators ask Energy Secretary to comply with law regarding clean energy grants and loans

U.S. Democratic Senators on Wednesday called for Energy Secretary Chris Wright's department to comply with laws that mandate his funding of clean energy projects, which…

GE Vernova will supply turbines for a planned natgas plant in Pennsylvania by 2026

GE Vernova is helping to transform Homer City Generating Station, a coal-powered power plant in Pennsylvania, into a campus of natural gas powered data centers by providing…

EIA: US crude and distillate stocks rise while gasoline inventories fall

The Energy Information Administration reported on Wednesday that U.S. crude and distillate oil inventories increased while gasoline inventories decreased last week. The…

US businesses prepare for more pain when 'Liberation Day" tariffs loom

Businesses all over the world are eagerly awaiting details about the new tariffs that President Donald Trump has imposed on his trading partners. This is the latest in an…

Israeli Firm Gets Final Permit for US Wave Energy Demo

Illustration (Credit: Eco Wave Power)

Eco Wave Power, an onshore wave energy technology company, has received a final permit for the construction and demonstration of its wave energy technology in San Pedro…

Palm oil climbs as Chicago soyoil and crude oil prices firm up

The market for Malaysian palm oils futures rose on Wednesday, marking the fourth session in a row. This was due to gains in Chicago soyoil prices and energy. The benchmark…

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