Washington has revoked Repsol's license to operate in Venezuela
A company spokesperson announced on Monday that U.S. officials had notified Repsol of the revocation of its license to import oil from Venezuela. Meanwhile, Spain's Foreign Minister promised to protect Repsol's interest. The spokesperson…
Can Trump's drive for critical minerals pass the test of copper? Andy Home
The executive order issued by U.S. president Donald Trump on increasing domestic mineral production is designed to cut through the mine permit maze in the United States. According to S&P Global, it takes on average nearly 29 years to bring a new mine from discovery to production.
Brazil's Minister says that the US tariff talks will continue, and he links ethanol to sugar
The Brazilian Finance Minister Fernando Haddad stated on Thursday that his government anticipates long tariff negotiations with the United States. He also suggested that they will include trade discussions regarding sugar and ethanol.
The head of Trump's Energy Loan Office departs this week
The U.S. Department of Energy announced on Tuesday that the head of the U.S. Government's Energy Loans Office, which has provided funding to projects ranging from nuclear power and a sustainable aviation fuel facility supported by one of Donald Trump's Republican colleagues…
USTDA: US to invest in energy projects abroad to boost exports
Thomas Hardy (Acting Director of the U.S. Trade and Development Agency, USTDA) said that the U.S. Government is interested in investing in energy projects across Africa, Latin America and Asia, which could lead to increased U.S. exports.
Terabase Energy receives $130 Million to expand solar technology
Terabase Energy, a solar technology company, announced Thursday that it had secured funding from SoftBank of $130 millions to scale up its technology for large projects. Terabase Energy now has a total of $200 million in funding, making it the largest funding round in its history.
Ministers and executives say that if sanctions are eased, Europe will avoid Russian energy.
Ministers and executives at a Houston conference said that European buyers will not return to Russia's Energy Sector if the sanctions are lifted. The bloc has diversified its power mix by using renewable energy and alternative suppliers of gas. According to a joint U.S.
CERAWEEK - Small nuclear power struggles on the cusp of US electric demand boom
Small modular nuclear reactors are touted by everyone from the U.S. Energy Secretary to Big Tech as the answer to the booming demand for power. However, the technology has struggled to reach commercialization due to cost and regulatory obstacles.
Report: Solar power will account for 84% of the new US electricity added in 2024.
A report released on Tuesday stated that solar energy contributed 84% of the new electricity generation capacity to the U.S. grid in the past year. However, the industry will face challenges with the new energy policies adopted by the U.S. government.
The U.S. fails to give Japan's Trade Minister a tariff exemption guarantee.
Japan's Trade Minister said on Monday that he had asked the United States to not impose tariffs on Japan, but he did not receive any assurances of Japan being exempted, including from a 25% duty on steel and aluminum set to begin on Wednesday. After meeting with U.S.
Sources: Trump wants to refine minerals on Pentagon bases in order to boost US production
U.S. President Donald Trump aims to build metals refining facilities on Pentagon military bases as part of his plan to boost domestic production of critical minerals and offset China's control of the sector, two senior administration officials told .
Trump's tariffs against Canada could increase US electricity bills
According to grid operators and energy experts, the rising U.S. electricity prices could rise even more in certain parts of the nation if the 10% tariffs on energy imposed this week by the Trump Administration hit Canadian supplies and triggered retaliation.
Report: Brazil may reduce ethanol import taxes as a nod to Trump
The newspaper O Globo, citing reliable sources, reported that the Brazilian government was considering reducing import taxes on ethanol as a means to reduce inflation and appease U.S. president Donald Trump. The report stated that Brazil hopes to try to convince the U.S.
Novak claims that OPEC+ discussed Trump's call to increase oil output
Alexander Novak, Deputy Prime Minister of Russia, said that the Joint Ministerial Monitoring Committee of the OPEC+ Group of Leading Oil Producers discussed U.S. president Donald Trump's request to increase oil production. Novak said…
OPEC+ rolls over oil policy, ditches US government data
OPEC+ decided to continue its policy of increasing oil production gradually from April and removed U.S. Energy Information Administration as a source to monitor their production and adherence with supply pacts. OPEC+ & Donald Trump clashed…
India's Adani Group flagship company posts Q3 loss as coal trading segment weighs on profits
Adani Enterprises in India, the flagship of the Adani Group, reported on Thursday a decline in its third-quarter profits, which was impacted by the performance at the company's coal trading division. The net profit of the company fell…
Orsted shares fall 17% after US project fails, Trump's anti wind power policy hits
Orsted, the largest offshore wind developer in the world, saw its shares plummet 17% on February 2nd after it warned late on Monday about higher costs and delays for a critical U.S. offshore development. On his first day as president, Donald Trump announced that the U.S.
What is known about Trump's Executive Orders after the swearing-in?
Donald Trump, the U.S. president, issued a series of executive orders on Monday to stamp his mark on his administration. These included directives on immigration and criminal pardons to energy. Trump pardoned around 1,500 people on Jan. 6, 2020, who stormed into the U.S. Capitol.
What is known about Trump’s executive orders following his swearing-in?
Donald Trump, the U.S. president, said on Monday that he will issue what is expected be a flurry executive orders and directions as he seeks to stamp his new administration in matters ranging between energy to immigration. Sources familiar…
What is known about Trump’s executive orders following his swearing-in?
Donald Trump, the U.S. president, began issuing what was expected to be an avalanche of executive orders and directions on Monday as he tried to stamp his mark on his new government on issues ranging from immigration to energy. Sources…
