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Greek Shippers Return to Russian Oil Market as Prices Slip Below G7 Cap, Sources Say

Conventional Energy, Latest, Oil, US News / By mark

MOSCOW, April 28 (Reuters) – Greek shipowners are returning to Russia’s Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to provide transport and insurance services while complying with sanctions, three trading sources said. The price cap introduced by the Group of Seven countries does not …

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Huge Power Outage Paralyses Parts of Spain and Portugal

CDN and International News, Electricity Grid, Energy Commentary, Energy Topics & Technology, Latest / By mark

Power outage hits Spain, Portugal and briefly France Authorities try to establish what caused the outage Outage paralyses transport and delays flights MADRID/LISBON, April 28 (Reuters) – A huge power outage hit large parts of Spain and Portugal on Monday, paralysing traffic, grounding flights, trapping people in elevators and leaving power operators scrambling to restore …

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What’s Affecting Oil Prices This Week? (April 28, 2025)

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Recent news is increasing the uncertainty associated with the ability of members of OPEC+ to maintain cooperation and agreement on future production quotas.

‘Move Fast and Break Things’ is Making an Administrative Mess

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Applying Silicon Valley ethos to a superpower’s governance is unlikely to be a successful strategy.

US LNG Supplies to Europe Will Continue to Rise, Says US Energy Secretary

Conventional Energy, Latest, LNG, US News / By mark

U.S. Energy Secretary Chris Wright and Polish Prime Minister Donald Tusk shake hands on the day of a signing agreement related to the construction of Poland’s first nuclear power station at the Chancellery of the Prime Minister, in Warsaw, Poland, April 28, 2025. REUTERS/Kacper Pempel WARSAW, April 28 (Reuters) – U.S. liquefied natural gas supplies …

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Major Offshore Wind Developer Has Stopped Activities in United States

Latest, Renewable Energy, US News, Wind / By mark

Summary Germany’s RWE holds three offshore wind leases in U.S. waters RWE said last month it had pared back U.S. activity to minimum CEO cites ‘political developments’ (Reuters) – One of the world’s top offshore wind developers, Germany’s RWE, has stopped work on its U.S. projects for now in light of recent moves against the …

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Japan’s JERA May Consider Alaska as LNG Supply Option, Executive Says

Conventional Energy, Latest, LNG, US News / By mark

Summary JERA say may consider Alaska as a potential LNG supplier Japanese firms wary of commitments amid high costs, sources say Japanese delegation heads to US this week for more tariff talks (Reuters) – JERA, Japan’s top power generator, may consider Alaska as a potential source of liquefied natural gas (LNG) supply, an executive said …

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The Crafty US State That’s Showing How to Thrive Under Trump

Conventional Energy, Latest, LNG, Natural Gas, Oil, US News / By mark

By Gavin Maguire (Reuters) – Louisiana has long been overshadowed by its more showy neighbour Texas, which boasts a larger economy and population and has for decades wielded greater sway among policymakers in Washington DC and on the world stage. But the Bayou State is staging a revival that could see it emerge as the more …

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TRUMP’S ENERGY PRIORITY: Trump Emergency Move Aims to Cut Approval Times for Energy Projects to 28 Days

Conventional Energy, Latest, LNG, Natural Gas, Oil, Renewable Energy, Solar, Tri-Pinned, US News, Wind / By mark

(Reuters) – The Trump administration on Wednesday said it would implement an emergency permitting process for energy and mining projects on federal lands, slashing approval times that typically take months or years to at most 28 days. The U.S. Department of the Interior move is in response to President Donald Trump’s national energy emergency declaration, which …

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