Russia is open to cooperation with the United States in Alaska, but a political decision from Washington is needed to resume economic engagement, President Vladimir Putin told an economic forum in Russia’s far eastern city of Vladivostok on Friday. The U.S. has significant resource potential in Alaska, while Russia possesses effective technologies for oil and …
Japan has confirmed its commitment to an annual $7 billion worth of energy purchases from the United States while exploring their new Alaskan liquefied natural gas (LNG) off-take agreement, a joint statement on the bilateral trade deal showed on Friday. The U.S. will also ensure it applies its lowest tariff rates to Japanese pharmaceuticals and …
Summary EU pledged to buy more US energy as part of trade deal Hungary and Slovakia oppose ending Russian imports Russia’s oil and gas revenues have helped to fund Ukraine war (Reuters) – The European Union is sticking to its plans to phase out Russian oil by 2028, the bloc’s energy chief told Reuters on …
EU Sticks to Planned Russian Oil Exit by 2028, Energy Chief Says Read More »
Summary Orsted shareholders back $9.4 billion rights issue Group’s two US projects at risk in Trump’s war on wind power S&P Global warns equity raise offers limited relief from credit pressures Orsted’s shares down 85% from 2021 peak COPENHAGEN, Sept 5 (Reuters) – Danish offshore wind developer Orsted secured shareholder approval on Friday for a $9.4 …
Orsted Wins Approval for Emergency Rights Issue as Trump Threatens US Projects Read More »
The Trump administration is more willing to support loan guarantees and tax breaks for nuclear power than for wind and solar because it is “more American” than those forms of energy, the director of the U.S. Energy Dominance Council said on Thursday. Jarrod Agen said nuclear power is more likely to be made from U.S.-made …
Trump Supports Nuclear Power as it is ‘More American’ Than Wind, Solar, US Official Says Read More »
CALGARY, AB, Sept. 4, 2025 /CNW Telbec/ – Strathcona Resources Ltd. (“Strathcona“) confirmed that it has purchased 6,035,600 common shares (“MEG Shares“) of MEG Energy Corp. (“MEG“) today for aggregate consideration of approximately $172.7 million, in accordance with applicable securities laws. The average price paid for all MEG Shares purchased by Strathcona since the commencement of the Offer (as …
(Reuters) – Finland’s President Alexander Stubb said President Donald Trump in a call with European leaders on Thursday suggested the U.S. and Europe should act together on further sanctions against Russia, and that sanctions on oil and gas were up for discussion. “Trump’s approach was very much that we must act together on sanctions policy …
(Reuters) – U.S. crude and distillate inventories rose while gasoline stocks fell last week, the Energy Information Administration said on Thursday. Crude inventories rose by 2.4 million barrels to 420.7 million barrels in the week ended August 29, the EIA said, compared with analysts’ expectations in a Reuters poll for a 2 million-barrel draw. Crude …
U.S. Crude, Distillate Stocks Rose; Gasoline Inventories Fell Last Week, EIA Says Read More »
The acquisition follows Sunnova’s June bankruptcy filing that cited billions in debt, rising interest rates and reduced solar incentives.
ConocoPhillips CEO Ryan Lance informed employees in a video message that the company will cut 20-25% of its workforce as part of a broad restructuring.
