Two Republicans ask Pentagon to add Chinese Battery Maker CATL to restricted List
Two Republican senators on Wednesday requested that the U.S. Defense Department add Chinese battery manufacturer CATL to a list of restricted companies suspected to be working with Beijing's army. Experts say that companies added to this list are not eligible for U.S.
Iranian Tanker Docks in Venezuela
The first of five Iranian tankers carrying fuel to Venezuela has moored at a port serving the El Palito refinery, the oil minister said on Monday, and Refinitiv Eikon data showed a second vessel had entered its waters.Iran is providing Venezuela with…
Several US States Likely Withheld from Offshore Drilling Plan
Interior Secretary Ryan Zinke has hinted to at least six coastal states that he will keep their waters out of a looming plan to expand U.S. offshore drilling, telling some they lack enough oil to be included anyway, according to state officials and…
US Military Seeks Rules for Drilling in Gulf of Mexico
An expansion of oil drilling in the eastern Gulf of Mexico would interfere with U.S. military testing unless the Pentagon and another agency develop rules to govern the work, the U.S. Department of Defense said in a report this week.The Defense Department concluded in a report it sent on Wednesday to U.S.
Oil Edges Up But U.S.-China Trade Tensions Weigh
Trade dispute between U.S./China unsettles markets as U.S. drillers add 11 rigs drilling for new oil. Oil markets stabilised on Monday after having lost around 2 percent last Friday as concerns grew over the impact on global growth from an intensifying trade dispute between the United States and China…
As US Opens Up Offshore Waters, Eastern GoM Beckons
President Donald Trump's administration has proposed opening up nearly all of America's offshore waters to oil and gas drilling, but the industry says it is mainly interested in one part of it, now cordoned off by the Pentagon: the eastern Gulf of Mexico.
Arctic Council Meeting Stirs Hidden Tensions
As foreign ministers from countries with territory in the far North celebrated an agreement on fighting climate change this week, one topic seethed below the surface: growing competition for Arctic resources and sea lanes as the ice melts. Russia, one…
U.S. Military Marches on Green Energy
President Donald Trump and his top advisors have often scoffed at government support of green energy. But the largest U.S. government agency - the Department of Defense - plans to forge ahead under the new administration with a decade-long effort to convert its fuel-hungry operations to renewable power…
Beijing says U.S. Warship Violated Chinese Laws
China's foreign ministry said on Saturday a U.S. warship that sailed near an artificial island claimed by Beijing and several other nations has violated Chinese law by entering its territorial waters. China claims most of the South China Sea, through…
US-led Strikes hit Islamic State Fuel Trucks
Air strikes by the United States and its allies against Islamic State in Iraq and Syria hit 116 fuel trucks on Sunday, according to the U.S.-led coalition, the latest step to damage oil facilities which the militant group uses to fund its operations.
Saudi Arabia Satisfied with Obama's Assurances on Iran Deal
Saudi Arabia is satisfied with assurances from U.S. President Barack Obama about the Iran nuclear deal and believes the agreement will contribute to security and stability in the Middle East, a senior Saudi official said on Friday. Saudi King Salman…
Obama Alaska Trip Aims for 'Punctuation Mark' on Climate Legacy
President Barack Obama sets off for a three-day tour of Alaska on Monday, aiming to shine a spotlight on how the United States is being affected by warming temperatures and rising oceans. With 16 months left in office, Obama is trying to build support…
China Keeps on Drilling in Disputed Vietnam Waters
A Chinese oil rig at the centre of last year's standoff between China and Vietnam will continue drilling not far from Vietnam's coast, China's maritime safety authorities said on Tuesday. The deployment of the $1 billion deepwater rig last year about 120 nautical miles off Vietnam's coast…
Helicopter Makers Upbeat Despite Oil-led Slump
Top U.S. and European helicopter executives said this week that the oil price-led commercial helicopter market slump would be temporary and that they will keep investing in new technologies given the sector's positive long-term outlook. The downturn will likely last 18 to 24 months…
Dozens of U.S. Companies Bet on Nuclear Power Revolution
The Pentagon's top arms provider and firms partly funded by Silicon Valley billionaires Bill Gates and Paul Allen are among dozens of companies collectively betting more than $1.3 billion that a new wave of nuclear power can be a force to fight climate change.
Obama: Climate Change Poses Risk to National Security
Rising seas, thawing permafrost and longer wildfires caused by warmer global temperatures threaten U.S. military bases and will change the way the U.S. armed services defend the country, President Barack Obama is set to say on Wednesday. In his commencement…
Iran Uses Maritime Confrontations to Project Power in Gulf
Iran is using its sea power in the Gulf to show it will not be cowed by Washington's newly assertive Arab allies, prompting critics to accuse Tehran of destabilising the region. Iranian ships fired shots at a Singapore-flagged tanker which it said damaged an Iranian oil platform…
Oil Rallies Briefly after Iran Seizes Cargo Ship
Oil prices rallied briefly on Tuesday after reports that Iran had seized a cargo vessel, described initially by Iranian and Saudi media as a U.S. ship, raised geopolitical tensions and concerns about the security of Middle East crude shipments. A weaker…
Oil Export Debate Has Geopolitical Dimension
Lifting the longstanding ban on U.S. crude oil exports would boost the country's economy and enhance its global leadership, a former senior Obama administration official will tell senators on Thursday, introducing a strategic dimension to the growing debate over selling American oil abroad.
TEP Solar Array at Fort Huachuca
Tucson Electric Power (TEP), an indirect wholly owned subsidiary of Fortis Inc. (TSX:FTS), joined military and federal officials today to dedicate a large solar array at Fort Huachuca that will help the U.S. Army achieve its renewable energy and energy security goals.
