Houston, the US oil capital, is buzzing as industry prepares for Venezuelan oil rush
Matthew Goitia explains his idea in a bar downtown Houston. He wants to build and refurbish marine terminals for Venezuela that will allow crude oil to be blended and exported, and chemical products shipped.
US cuts or revises nearly $84 Billion in Energy Loans
The Trump administration announced on Thursday that it will be restructuring or eliminating approximately $84 billion worth of clean energy?projects which were funded by the former president Joe Biden's administration.
Engie signs first-ever biomethane deal with Pepsi UK
Engie announced on Wednesday that it had won a 10-year contract to supply biomethane to PepsiCo UK. This is the first?deal of its kind between a biomethane manufacturer and a?food?industry?player in Britain.
Energy Department: US does not consider using Venezuelan oil to fill strategic reserves as a current option.
Department of Energy, Friday, said that the U.S. Government is not considering the use of Venezuelan oil as part of an exchange with U.S. companies for the purpose of refilling the country's Strategic Petroleum Reserve.
US considers swapping heavy Venezuelan crude oil for U.S. Medium Crude to fill emergency reserves, sources say
The U.S. Energy Department is exploring the possibility of exchanging heavy Venezuelan crude oil for U.S. Two sources told Reuters on Friday that medium-sour crude oil would be used…
EIA: US oil drilling will slow down as prices fall, Venezuela's growth could increase pressure
Lower oil prices will likely reduce?U.S. The Energy Information Administration reported on Tuesday that drilling activity will reduce production by 1% in the top producing country this year…
EIA: US oil drilling will slow down as prices fall, Venezuela's growth could increase pressure
Energy Information Administration reported on Tuesday that lower oil prices will reduce U.S. drilling activity and reduce production by 1% in the United States this year, while a possible…
Commonwealth LNG receives US approval to export non-FTA products for 20 years
Commonwealth LNG, a U.S. company, has been granted a 20-year export license from the Department of Energy for liquefied?gas to be exported from its proposed Louisiana plant to countries that do not have free trade agreements.
White House oil meeting includes independents and has strong ties to Denver
On Friday, the White House will be inviting oil executives to meet with them in order to discuss possible investment in Venezuela. While the list of attendees includes some big names from American oil…
Sources say that Chevron Vitol Trafigura are all competing to control Venezuelan oil imports.
Sources familiar with the situation say that Chevron, Vitol, Trafigura and other companies are competing to get deals from the U.S. Government to export crude oil from Venezuela. Venezuelan…
Vitol, Trafigura and the White House invited to Venezuelan oil discussions on Friday
Four sources familiar with the situation have confirmed that the U.S. administration of President Donald Trump has invited the heads of commodity trading companies Vitol and Trafigura…
Centrus receives $900 Million DOE Task Order as US pushes for domestic uranium enrichment
The U.S. Department of Energy has awarded a $900 million task order to Centrus Energy, a nuclear fuel supplier based in the United States, to increase uranium enrichment capacity at the Piketon site, Ohio.
Trump Administration says that there are ways to increase Venezuelan oil production quickly
Trump's administration dismissed Tuesday analysts' estimates that it will?take years? to increase Venezuela's crude oil production. They said there are ways to boost the country?s oil sector quickly.
Equinor has announced that it will comply with the stop-work order issued by the US Department of Energy for offshore wind projects
OSLO, December 22 - Norwegian Energy Group Equinor announced?on Sunday that it was complying?with a?stopwork order issued by the U.S. regarding its Empire Wind 1 off shore wind project and engaging authorities.
The US government is under pressure from the Fusion Energy Industry to provide billions of dollars in support
On Monday, fusion energy industry leaders met U.S. Department of Energy representatives to encourage them to provide billions of dollars to projects that seek to?generate electrical power by the same process as the sun.
Virginia data centers to replace coal where coal once reigned
Entrepreneurs are now looking at the rural area with the ambitious vision to rebuild its economic by converting the old mines into data centers and solar power systems that could help…
UK consumers face higher energy bills after regulator approves $37 billion grid upgrade
The British Energy Regulator has approved an investment of 28 billion pounds ($37.33 billion), over the next five-years, to ensure that the energy system is reliable and safe in the future.
UK court rejects challenge to the issuing of oil exploration licenses
The High Court of London ruled that Britain's decision on Friday to grant more than 20 oil and gas exploration licenses was legal. This ruling dismissed a challenge from campaigners…
Trump Energy Department reorganizes to focus on fossil and nuclear priorities
The U.S. Department of Energy announced on Thursday a reorganization of its agency, which prioritizes oil and nucleic resources over offices dedicated to renewables or efficiency. DOE…
Plug Power will unlock $275 Million in data center power market
Plug Power said it expects to generate over $275 million through monetizing assets and releasing restricted funds, while reducing maintenance costs. The hydrogen fuel cell manufacturer…