Sunday, February 23, 2025

Us Energy Department News

Sources say that three DOGE members have raised concerns about access to the US Energy Department.

Two sources confirmed on Friday that members of Elon Musk’s Department of Government Efficiency are now working at the U.S. Energy Department, where officials fear they…

Wright to speak at conservative event in London

The organization announced on Thursday that Chris Wright, Donald Trump's nominee to lead the U.S. Energy Department will be speaking to a conservative think-tank in London, next month.

Japan's JERA plans on expanding US LNG purchases in order to diversify the energy supply

JERA, Japan's largest LNG buyer, is planning to increase its purchases from the United States in order to diversify their supply and meet the demand growth spurred on by data centres and AI. U.S.

Energy Minister: South Korea may buy more US oil and natural gas

South Korea wants to import more U.S. gas and oil in order to diversify its energy sources, and maintain stable supplies in light of the tensions in the Middle East. He…

Trump's Energy Department pick calls for increased LNG and nuclear energy

Chris Wright, the nominee of Donald Trump to lead the U.S. Energy Department told U.S. Senators during his confirmation hearing that his top priority was expanding domestic energy production…

Trump's Energy Department pick calls for more LNG and Nuclear Power

Chris Wright, the nominee of Donald Trump to lead the U.S. Energy Department will tell U.S. Senators during his confirmation hearing Wednesday that his top priority is increasing domestic energy production…

US Energy Department: Two LNG reviews must be waited for by regulator

The U.S. Department of Energy announced on Tuesday that it will not be able to finish its reviews of two proposed liquefied gas export terminals planned for Louisiana until…

US Closes $861 Million Loan Guarantee for Solar, Energy Storage in Puerto Rico

The U.S. Energy Department announced on Tuesday that it had closed a $861 million loan to finance the construction in Puerto Rico of two photovoltaic solar farms and two batteries storage systems.

US Oil Exports to Europe Rebound

© momentscatcher / Adobe Stock

The United States has increased oil supply to Europe in July for the first month since May, making up for output cuts from OPEC+ members, according to traders and Refinitiv Eikon data.U.S.

US Approves LNG Exports from Oregon

© vladsv / Adobe Stock

The U.S. Energy Department on Monday approved the export of up to 1 billion cubic feet per day of liquefied natural gas from a proposed terminal in Oregon, a move it said would ease U.S.

Record Oil Output Cuts Fail to Make Waves in Coronavirus-hit Market

The minimal impact on oil prices from a global deal for record output cuts showed that oil producers have a mountain to climb if they are to restore market balance as the…

Oil Prices Jump 2% After Tanker Attacks

(Photo: Islamic Republic News Agency)

Oil prices settled 2.2% higher on Thursday after attacks on two oil tankers in the Gulf of Oman stoked concerns of reduced crude trade flows through one of the world's key…

IMO 2020: Exxon Mobil Projects 25% Decline in High-Sulfur Fuels

© Nickolay Khoroshkov/AdobeStock

Exxon Mobil Corp expects high-sulfur fuel oil demand to fall 25 percent by 2025, as a new set of emission regulations from the International Maritime Organization capping…

US Buyers Turn to Offshore Crude

Thunder Horse (Photo: BP)

U.S. sanctions on Venezuela's oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexico offshore heavyweights, as refiners in need of substitutes…

ExxonMobil Plans Big 2020 Capex Boost

© xmentoys / Adobe Stock

Exxon Mobil Corp plans to boost capital spending for several years, CEO Darren Woods said on Wednesday, and the largest U.S. oil company's shares fell after he laid out…

Oil Steady, Supported by OPEC Cuts

File Image / CREDIT: AdobeStcok / © Mikesjc

Record U.S. output, exports offset some of OPEC's cuts.Oil prices were broadly steady on Friday as surging U.S. supply and concerns of a global economic slowdown were offset…

US Offers Oil from Emergency Reserve

(Photo: U.S. Department of Energy)

The U.S. Energy Department said on Thursday it is offering up to five million barrels of sweet crude oil from the national emergency reserve in a sale mandated by previous…

US Working on Arctic Oil Leases Despite Shutdown

(Image: Alaska BLM)

Even as a partial shutdown halts the functions of many U.S. government departments, forcing the Department of the Interior to close national parks, the Trump administration…

BP Launches $3 Bln Sale of US Onshore Assets

(File photo: BP)

Britain's BP has launched the sale of U.S. oil and gas onshore assets that could raise more than $3 billion to help pay for other fields in the United States it bought in October from BHP…

Oil Rises as Fuel Drawdown Sparks Rebound

File Image / Adobestock © mikesjc

Saudi assurance on oil supplies, economic worries weigh as two China state refiners to skip Iran oil bookings for November. Oil prices jumped on Wednesday, rebounding after…

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