Sources say that the Trump administration is unlikely to finalize biofuel quotas for 2026 this year.
Three sources familiar with the matter say that the Trump administration will not finalize the 2026 biofuel blending quotas by the end of the year. This extends the uncertainty over a policy closely monitored by rival oil and agriculture sectors.
Oil Prices Fall as Focus Shifts to Ukraine Peace Talks
Oil prices fell more than $1 on Thursday as investors shifted focus back to Russia-Ukraine peace talks and monitored potential fallout from a U.S. seizure of a sanctioned oil tanker off the coast of Venezuela.Brent crude futures were down $1.1…
US auctions first Gulf of Mexico Oil and Gas since 2023
On Wednesday, the Trump administration will conduct the first government sale of oil-and-gas drilling rights in Gulf of Mexico?since 2023. This is a test of the industry's appetite?for offshore acres at a moment when the United States?is trying to increase domestic fossil fuel production.
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. In November, the?department?created…
US Judge rejects Trump Administration's decision to stop wind energy permits
Federal judge ruled on Monday that U.S. president Donald Trump's administration failed to justify their decision to suspend the issuing of leases and permits to new "wind" projects in accordance with Republican President's wishes. U.S. District judge Patti Saris…
US solar companies ask Congress to act on Trump's solar permit freezing
In a letter sent to Congress leaders on Thursday, dozens of U.S. Solar companies called for federal lawmakers to reverse a Trump Administration policy that had stalled permits. The letter highlights the growing concerns of project developers…
Maguire: High natural gas prices may lead to a new surge in coal consumption in the US
The benchmark U.S. gas prices will end 2025 the same way they started - with an explosive rally. This is bad news for those who hoped for a further reduction in coal consumption in the U.S. Gas prices in the United States increased by a…
Maguire: High natural gas prices may lead to a new surge in coal consumption in the US
The benchmark U.S. gas prices will end 2025 the same way they started - with an explosive rally. This is bad news for those who hoped for further reductions in U.S. coal usage. Gas prices in the United States increased by a third between…
Trump removes the word "renewable" from the title of U.S. Energy Lab
In a latest attempt to devalue renewable energy sources like solar and wind, the Trump administration renamed an energy laboratory to remove the term "renewable". The National Renewable Energy Laboratory in Golden, Colorado will be known now as the National Laboratory of the Rockies.
Russell: China's LNG crown is at risk due to high prices that limit demand.
Asia's imports liquefied gas remained flat in November. The region that is the largest buyer of this super-chilled fuel will likely record its first decline annually in three years. China is largely to blame for this soft result, as it may…
Russell: China's LNG crown is at risk due to high prices that limit demand.
Asia's imports liquefied gas remained flat in November. The region that is the largest buyer of this super-chilled fuel will likely record its first decline annually in three years. China is largely to blame for this soft result, as it may…
Sources say that RPT-Gunvor is weighing the US energy push, which could strengthen Washington ties.
Sources familiar with the situation said that Gunvor, a commodity trader, has been in active discussions to invest into U.S. oil and gas producing assets. This could help to repair relations with the Trump Administration after the fallout…
Gunvor considers US energy push, which could strengthen Washington ties
Sources familiar with the situation said that Gunvor, a commodity trader, has been in active discussions to invest into U.S. oil and gas producing assets. This could help to repair relations with the Trump Administration after the fallout…
Brazil views issues related to the import of US biofuels as 'practically solved'
Geraldo Alckmin, the Brazilian Vice-President, said on Tuesday that "practically all issues" related to Brazil's imports from the United States of biofuels had been "resolved". Alckmin, the Minister of Development, Industry, Trade and Services…
What might Maduro have to offer Trump? What could Maduro offer Trump in potential talks?
Venezuelan President Nicolas Maduro is in a position to use crude oil cargoes that Venezuela sells mainly to China as a bargaining tool if Venezuela decides to negotiate with the United States. The Trump administration has increased its…
India's solar panels exports plunge in September due to US tariffs
Industry officials and analysts reported that India's solar modules exports dropped sharply to their lowest level this year in September after U.S. Trade Measures curbed shipments. This forced manufacturers to redirect supply to the domestic market.
Florida Republicans Oppose Trump's Offshore Oil Leasing Plan
Florida Republicans, led by Governor Ron DeSantis have said that they are opposed to a plan of the Trump administration which could allow for new oil and natural gas drilling off Florida's Gulf Coast.The reactions were in response to a proposal by the Interior Department published on Thursday…
Trump Administration proposes to relax rules protecting endangered species
The Trump administration proposed on Wednesday four new regulations that would rollback Biden's era regulations that strengthened the protections for endangered animals. This move aligns with President Donald Trump’s efforts to reduce what he calls burdensome federal regulations on businesses.
Trump administration could delay biofuel credit cuts as refiners balk
According to sources familiar with this matter, the Trump administration may delay for one or even two years the proposed cut in incentives for biofuels imported from the United States. This is due to pressure by U.S. refining companies…
EIA expects Alaska crude oil to increase by 13% in 2026
The U.S. Energy Information Administration's (EIA) latest Short-Term Energy Outlook released on Wednesday forecast that crude oil production in Alaska will reach 477,000 barrels a day (bpd), the highest level since 2018. EIA stated that Alaska oil production will increase by 13% or 55…