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By Maciej Martewicz The US wants central and eastern European countries to join its path of “energy freedom” instead of following the wider region’s transition to a net zero economy, Energy Secretary Chris Wright said in Warsaw. The Energy Secretary told the Three Seas Business Forum — which numerous leaders from the region attended Monday …
US Urges Eastern Europe to Split From EU Energy Transition Aims Read More »
By Julian Lee and Alex Longley When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs of the summer before. By early April, they had fallen to a four-year low, and ticked up only slightly later in the month. The lower crude …
Why Cheap Oil Relieves Some, Worries Other Countries Read More »
(Reuters) – U.S. natural gas futures jumped about 5% to a one-week high on Monday in light trade ahead of the expiration of the front-month contract on forecasts for higher demand this week than previously expected. Earlier in the day, prices slid about 2% to a five-month low on rising output and forecasts for mild …
US Natgas Prices Jump 5% to 1-Week High Ahead of Contract Expiration Read More »
(Reuters) – Woodside Energy is in talks with an overseas unit of Kuwait Petroleum to sell a stake in its Louisiana liquefied natural gas plant in the U.S., Bloomberg News reported on Monday, citing people with knowledge of the matter. The overseas unit, Kuwait Foreign Petroleum Exploration, is also considering securing LNG supply from the …
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 …
Greek Shippers Return to Russian Oil Market as Prices Slip Below G7 Cap, Sources Say Read More »
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 …
US LNG Supplies to Europe Will Continue to Rise, Says US Energy Secretary Read More »
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 …
Major Offshore Wind Developer Has Stopped Activities in United States Read More »
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 …
Japan’s JERA May Consider Alaska as LNG Supply Option, Executive Says Read More »
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 …
The Crafty US State That’s Showing How to Thrive Under Trump Read More »
(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 …
