Report: US wind and solar investments could be threatened by $121 billion of stalled permits.
A report released on Monday found that Trump administration policies 'that have stalled permits of renewable energy projects' are putting $121 billion in investment at risk, and slowing the development of 'wind, solar, and storage.capacity required to meet increasing?power demand. Wood Mackenzie's findings highlighted the tension between President Donald Trump’s desire to fast-track energy infrastructure in order to support artificial intelligence and his opposition to renewable energies.
Report: US wind and solar investments could be threatened by $121 billion in stalled permits
A report released on Monday found that Trump administration policies have slowed permits for renewable energy project, putting $121 billion in investment at risk. Wood Mackenzie, a research firm in energy, found that President Donald Trump was torn between his desire to accelerate energy infrastructure for artificial intelligence and his opposition to the renewable energy. The report stated that it examined early-stage projects worth $121 billion which?faced investment risks due delays.
Germany warns that the EU methane law could disrupt jet fuel supply
Germany, Europe's largest gas market, warned that EU plans to regulate methane emissions for oil and gas imports could disrupt jet fuel supply, already under pressure from the Iran War's energy shock. The?European?Union?will require monitoring and verifying methane emission for fuel deliveries into the bloc. The regulations aim to reduce leaks of this powerful greenhouse gas, but they have been met with strong opposition by industry and suppliers. This includes the U.S.
The White House of Trump asks Congress for approval to sell E15 year-round
The White House of President Donald Trump asked Congress to pass a bill on Wednesday allowing gasoline with higher ethanol levels all year round. This would revive a long-sought goal of the biofuels sector. Trump has supported year-round gasoline sales that are blended with 15% of ethanol for some time, but this is the first official push from his White House to implement the policy. It also signals a willingness by the White House to take on U.S.
Document shows EU countries have scaled back their plan to finance power grids
A document from an internal negotiation revealed that governments 'have reduced the European Union’s proposal to spend national money on 'the bloc's' energy infrastructure' after Sweden threatened to limit power exports due to the plan. This dispute is over a proposed EU legislation to raise money for large energy infrastructure projects like interconnectors. These are necessary to integrate renewable energy sources into the network, and to meet increasing power demand due to data centres and other sources.
The US Senate is set to vote on the nationwide expansion of E15 gas sales
Supporters of a long-stalled effort to expand nationwide the sale of higher-ethanol E15 gas are following an uphill campaign to get the measure passed through a divided Senate. This is the last major hurdle before President Donald Trump signs the policy. According to interviews with industry representatives, their plan is to attach the provision into a larger, must-pass legislation, and to ensure that it contains enough concessions for the refining sector to prevent them from blocking the bill.
The European Commission promises tougher actions on trade with China
The EU's relationship with China in terms of trade and investment is "not sustainable", according to the European Commission, which pledged a stronger response. Commissioners were discussing how best to protect Europe's industries against surging Chinese imports. The EU's leaders will meet on June 18-19 to discuss ideas. Possible proposals include forcing EU companies to diversify their supply chains, or introducing new trading mechanisms to limit China's access the EU's market for chemicals…
US gas exporters request to delay EU methane regulations until 2028
A top official from the 'national suppliers' group said that the U.S. gas industry is asking Europe to delay enforcement of the new law on methane emissions until 2028. He warned the regulatory risk was already holding back long-term agreements with European customers. Charlie Riedl, Senior Vice President of Natural Gas Supply Association in Amsterdam, said that U.S. Exporters want more time and clarifications about the new methane laws. He said U.S.
Venezuelan Oil Minister tells Houston Conference that country is open to dispute resolution
The Venezuelan Oil Minister Paula Henao announced on Tuesday that the new framework for hydrocarbons in the country is open to?dispute settlement outside of the country. This was a major wish expressed by many foreign oil firms before they begin operations in the South American nation. She said this at a conference outside Houston. "We hope it never comes to that but if it does, we will resolve any issues through this channel." Her remarks at the event hosted by the American Association of Petroleum Geologists…
Independent body warns that Germany will miss its 2030 climate targets
An independent advisory body stated on 'Monday that Germany will likely miss its 2030 climate goals and emit more carbon dioxide than previously thought. This contradicts the findings of the government's principal climate authority. The government of Chancellor Friedrich?Merz presented a climate plan to the public in March, backed up by 9 billion euros (8 billion dollars) for measures like expanding wind power or boosting electric vehicle sales.
US House passes bill to allow year-round sale of E15 fuel
The U.S. House of Representatives passed legislation Wednesday that would allow nationwide sales of gasoline containing 15% alcohol throughout the year. This is a big win for biofuel producers,?farming groups and refiners alike. H.R. 1346, or the Nationwide Consumer and Fuel Retailer Choice Act, was approved by a vote of 218 to 203. It would allow fuel retailers to offer E15?year-round. This would remove seasonal restrictions linked to smog concerns. The H.R.
Bolivia announces energy sector reforms in order to attract foreign investment and end state control
Bolivia's government announced on Thursday a proposal for a renewable energy and electricity law that aims to 'attract international investment' and reduce 'the 'country's dependency on natural gas. This could be the end of years of state control in this sector. Hydrocarbons Minister Marcelo Blanco announced at a press event that the law would allow for private companies to be involved in energy production, export, and import, thus ending ENDE's monopoly.
EU considering suspending penalties against oil and gas companies that violate methane laws
After?pressure by industry and the United States government, the European Commission has developed plans to let oil and gas firms avoid penalties for 'breaching EU methane emission laws. This follows a call from?oil-and-gas industry groups to suspend the law. They warned that it could disrupt EU fuel exports once tougher provisions come into effect in 2027. The U.S. Government has also requested that the EU exempt U.S. Oil and Gas from the rule.
Venezuela delays new oil contracts as investors wait
Two sources said that energy companies evaluating whether or not to invest in Venezuela were waiting for the OPEC nation’s oil ministry to release specific contract models which would provide terms and conditions to continue, expand,or start businesses in Venezuela. The ministry announced that it would be releasing new models of joint ventures and production contracts in the near future, and working on separate tax legislation.
German petrol stations only allowed one price increase per day to try and curb the Iran war surge
German lawmakers approved initial measures on Thursday to 'curb fuel costs that have risen in the wake of the Iran War. One measure was to limit petrol station price increases to one per day. Petrol stations can only increase their prices in the midday hours (1100 GMT) starting early April. They will still be able make any reductions they want at any time. The legislation passed by lower house of parliament could punish violations with fines up to 100,000 euros ($108,000).
From July, Ukraine's motor gasoline will contain at least 7 percent bioethanol
A law passed on Wednesday requires that Ukrainian motor fuel?contain at least 7% bioethanol by July. This is an increase from the 5% that manufacturers have been required to add since May 2025. The Ukrainian parliament adopted a new law in the winter of this year to align?the country’s legislation with EU regulations. The new'requirements' do not apply for fuel provided to the Ukrainian army or some high-octane gasoline. Up until July 1, the law allows for the sale of petrol without bioethanol.
Oil and Gas Industry urge EU to stop methane emission law
Oil and gas companies warned that the European Union's methane emission law could disrupt Europe’s fuel imports if it is implemented next year. The?industry's call comes after the U.S. The?government asked the EU to exempt U.S. gas and oil from the rules. Brussels has offered more flexible options for companies to comply with the rules, but refused to rollback this policy. It is a key pillar in its climate strategy. A…
Senate Democrats are ready to restart discussions on allowing reform
Two lawmakers said on Thursday that the Senate Democrats were ready to resume negotiations on legislation designed to speed up?permitting for large infrastructure projects. They stated that they had been encouraged by recent Trump administration moves to review renewable energy project applications which had been stalled. Sheldon Whitehouse, Martin Heinrich and other Republicans made a 'joint statement' in response to…
What's in the EU Buy-European Law?
On Wednesday, the European Commission proposed new rules that require a minimum percentage of public funds to be spent in Europe on electric cars, windmills, and other "key technologies" when they are purchased or manufactured. Why do it? The "Industrial Accelerator Act" is part of the EU's efforts to help local industry compete with foreign producers who are not subjected to Europe's strict regulations and higher prices for energy. It aims to avoid losing green tech industries, such as solar panels, to China.
Draft shows EU scraps steel emission label from "Made in Europe" law
A draft proposal revealed that the European Union had scrapped plans to include an emissions label for steel in its "Made -in Europe" legislation. The plan was originally intended to make green steel a central part of efforts to revitalize industries. A last-minute amendment to a proposed law, officially named EU's Industrial Accelerator Act on Wednesday, would be a major blow for low-carbon steelmakers. The label would help make their products more attractive and visible to consumers.