Taiwan will increase its purchases of US gas in this year
Taiwan will increase its purchases of U.S. Natural Gas?to account for about one-third its import supply?this, and reduce its purchases from other countries. Taiwan, which has a large surplus of trade with the U.S. has expressed interest in an enormous new LNG project in Alaska…
Knight Vinke's founder says that his fund cannot invest in the uncertain US under Trump
Eric Knight stated that his hedge fund could not invest in the United States with President Donald Trump as the risks were too high. However, profits can be made in Europe because there are clearer rules and policies regarding green energy projects.
Knight Vinke's founder says that his fund cannot invest in the uncertain US under Trump
Eric Knight, a hedge fund manager, said that his fund could not invest in the United States with President Donald Trump as the risks were too high. However profits can be made by investing in Europe where the rules and policies regarding green energy projects is more predictable.
ADM's profit forecast for 2026 is lower than expected amid uncertainty over US biofuel policy
Archer-Daniels-Midland on Tuesday forecast current-year adjusted profit below analysts' expectations ?as the uncertainty about U.S. biofuel policies and global trade upheaval that dragged on ?earnings ?last year remain a challenge for the grains merchant.
Auditors say EU efforts to diversify imports of critical raw materials have failed so far
The European Court of Auditors stated on Monday that the EU's efforts in diversifying its imports of metals, minerals and other critical materials for?technology, defence and energy transition have "yet not produced tangible results". The…
WTO panel supports China in its case against US clean-energy subsidies
The World Trade Organization panel backed China's complaint on Friday, and recommended changes to the?U.S. Beijing claimed that tax credits for clean-energy?discriminated against imports. The report of the panel recommended that the United…
Chevron beats Q4 profit estimate, eyes Venezuela investment opportunities
Chevron's profits for the fourth quarter fell, but were still higher than expected. The company focused on cutting costs to make its operations more efficient in order to compete with lower crude oil prices through 2025. Chevron is the only U.S. oil producer currently operating in Venezuela.
Chevron beats Q4 profit estimate, eyes Venezuela investment opportunities
Chevron's profits for the fourth quarter fell, but were still higher than expected. The company focused on cutting costs to make its operations more efficient in order to compete with lower oil prices through 2025. Only U.S. oil producer currently operating in Venezuela…
Chevron beats Q4 profit estimate, eyes Venezuela investment opportunities
Chevron's profits for the fourth quarter fell, but were still higher than expected. The company focused on reducing costs and improving its efficiency to "contain" lower crude oil prices through 2025. Chevron, the only U.S. producer of oil…
US lawmaker asks Vitol, Trafigura about Venezuela oil deals
The top Democrat of a U.S. House investigation committee asked Vitol 'and Trafigura on Thursday about any correspondence they had with the Trump Administration before?the U.S. captured Venezuela's leader. He wanted to?determine who benefited from this action, he said.
Maurel & Prom seeks OFAC license as Venezuelan reserves and output of Maurel & Prom increases.
Maurel & Prom, a French oil company, announced on Thursday that its Venezuelan assets' production and reserves were up sharply in the past year. It has also applied for a?U.S. Maurel & Prom, a French oil producer, announced on Thursday that…
House Democrats warn oil companies about risks associated with Venezuelan transactions
Twelve House Democrats sent a letter on Wednesday to '21 companies that attended the White House meeting held on Jan. 9, about developing Venezuelan oil resources. They warned them of legal and financial risks associated with any transactions or investments they made there.
Sources say that the US will issue a general license to lift some sanctions against Venezuelan oil industry
Four sources said that the U.S. is preparing to issue a license to lift sanctions against Venezuela's energy industry. This would be a shift from the previous plan of granting individual exemptions for companies wishing to do business with Venezuela. After the capture by the U.S.
Michigan suedes oil companies for collusion to restrain competition in EVs
Michigan Attorney General Dana Nessel filed an antitrust suit against four major oil firms on Friday, alleging that they have colluded over decades to prevent competition from renewable energy sources, including?electric cars. The lawsuit filed in U.S.
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. This is the latest…
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. On Friday, two sources…
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 to replenish the Strategic Petroleum Reserve. The Trump…
US Judge weighs Dominion's request to restart Virginia offshore Wind Project Stopped by Trump
In a lawsuit filed against the Trump administration, a federal judge will decide on Friday whether to allow Dominion Energy?to resume construction on its $11.2 billion Virginia offshore wind project. This hearing will be the third in a row…
What excites and concerns LNG exporters by 2026? Maguire
In 2025, the LNG industry will make history after exports and production of super-chilled fuel broke records and generated billions in revenue across the global supply chain. Gas sellers were encouraged by the 25% increase in LNG purchases in Europe.
Palm logs second week of gains on US plans for finalising biofuel quotas
Malaysian palm futures ended Friday more than 2% higher and recorded a second week of gains, boosted by the strength in soybean oil following U.S. plans for finalising biofuel quotas. The benchmark palm oil contract for April delivery at…