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…
Environmentalists sue Gulf of Mexico Oil Auction to Stop it
On Tuesday, environmental groups sued the Trump Administration for its decision to proceed with the planned December 10, offshore oil and natural gas lease sale that covered 80 million acres (32 millions hectares) of the Gulf of Mexico. Why it's Important The lawsuit filed in U.S.
Can West Virginia be green when Trump supports coal mining?
He is a member of Economic Development Greater East, an initiative that promotes projects in a region devastated by the decline in coal production. He said he was a fourth-generation coal miner who had moved from one mining job to another in the past.
Ukraine's fight for money and reform is necessary to survive the 'forever-war'
Since mid-2024, residents of Pokrovsk and Ukrainian officials have stripped the town of everything valuable: library books, beds for hospitals, industrial equipment - everything that once supported the bustling settlement with more than 60…
Rio Tinto signs a 15-year renewable energy deal with U.S. based TerraGen
Rio Tinto announced on Friday that its Kennecott operation, located in Utah, U.S.A., had signed a virtual power purchase agreement for 15 years with TerraGen, to source renewable energy in Texas from a newly built wind farm. The deal will…
Trump Administration revokes Biden's limits on Alaskan oil drilling
The Trump Administration finalized on Thursday its rollback of Biden's limits on oil-and-gas drilling in Alaska, the largest area of public land that has not been disturbed by humans. This move is in line with the goal of President Donald…
White House hosts oil and biofuel discussions as Trump administration closes to a decision on refinery exemptions
Four sources familiar with these discussions say that the White House held separate meetings this week with oil refiners as well as biofuel producers to try to resolve an ongoing dispute about billions of gallons in biofuel blending requirements waived by the U.S. for small refineries.
At COP30, California Governor Newsom blasts Trump for 'dumb' US climate policy
California Governor Gavin Newsom told an audience at the COP30 Climate Summit in Brazil that California would continue to prioritize the use of green technology while criticizing U.S. president Donald Trump's decision to reverse federal government policy on climate change.
Kremlin: Putin and Tokayev will discuss gas projects, US sanctions against Russian oil and other issues.
The Kremlin announced that Russian President Vladimir Putin will meet with Kazakh President Kassym Jomart Tokayev in Moscow to discuss gas projects, as well as the impact of U.S. sanctions against Russian oil companies. Dmitry Peskov, Kremlin spokesperson…
Trump proposes Alaska oil sale by 2026, finalizes sale of US Gulf oil leases
It was announced on Friday that the Trump administration would hold an auction to drill oil and gas in the U.S. Gulf of Mexico next month. They have also proposed another one in a waterway located in southern Alaska. About 80 million acres will be available for lease in the U.S. Gulf of Mexico.
The US wants Europe to continue using oil and gas instead of renewable energies
The world's investments in renewable energies aren't paying off and should be focused on securing a reliable supply of fossil fuels. This was the message from U.S. Energy and Interior Secretaries this week, as they tried to convince Europe to purchase more U.S. gas and oil. On the back of U.S.
Greece signs long-term LNG supply agreement with US
Greece signed a 20-year deal to import 0.7 bcm of liquefied gas each year, starting in 2030. This is its first long term gas supply agreement with the United States. The deal aims to replace Russian gas shipments into Europe. The 20-year…
Trump adds copper and metallurgical coke to the US list of critical minerals
The Trump administration released a list of essential minerals on Thursday, including copper, which plays a vital role in electric vehicles, power grids and data centers. It also includes metallurgical coke, which can be used to produce coke.
Judge rules that Trump administration may reconsider SouthCoast wind approval
The U.S. District Court ruled Tuesday that the Interior Department of President Donald Trump may review the Biden Administration's approval for the SouthCoast project off the coasts of Massachusetts. The order returns the matter to Interior's…
US loans $1.5 billion for coal-fired fertilizer plants
The U.S. Energy Department announced on Wednesday that it had closed a $1.5 Billion loan to Wabash Valley Resources, LLC, for an Indiana Fertilizer Plant, which will now be powered by coal. The department stated that the project would restart a coal-gasification plant…
Millions of dollars in heating assistance for Americans who are at risk because of the shutdown
The government shutdown could cause millions of Americans to have difficulty accessing funding for their home heating as early as next month, said lawmakers and non-profit groups on Wednesday. In its 29th day of shutdown, the U.S. Department…
Bloomberg News reports that Kennedy has directed the CDC to investigate the alleged harmful effects of offshore wind farms.
Bloomberg News, citing sources familiar with the issue, reported that U.S. health secretary Robert F. Kennedy Jr. had ordered the Centers for Disease Control and Prevention to investigate the potential harms caused by offshore wind farms.
JPMorgan selects Perpetua Resources as the first investment in its $1.5 trillion security funds
Perpetua Resources, an antimony and gold mining company, is the first investment made by JPMorgan Chase’s $1.5 trillion fund to support U.S. National Security. This underscores the company’s important role in producing the metal that China has banned and is used for bullets and weapons.
US regulators are pushed to connect data centers with grid
The U.S. Energy Secretary Chris Wright directed federal energy regulators this week to examine a rule that would speed up the connection between power-hungry, data centers and electric grids. Wright sent a rule to the Federal Energy Regulatory Commission on Thursday…
What are the main issues in India-U.S. Trade Talks?
U.S. president Donald Trump said that he spoke to Indian Prime Minister Narendra Modi this week about trade and that Modi assured him India would restrict its oil purchases from Russia. Indian refiners, who are major buyers of Russian oil…