Trump Rejected Maduro Requests on Call, Options Narrow for Venezuela Leader, Sources Say

CDN and International News, Latest / By

Venezuela’s President Nicolas Maduro is running out of options to step down and leave his country under U.S.-guaranteed safe passage, following a short call with U.S. President Donald Trump last month where Trump refused a series of requests from the Venezuelan leader, according to four sources briefed on the call. The call, on November 21, …

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China’s LNG Importer Crown at Risk as High Prices Cap Demand: Russell

CDN and International News, Conventional Energy, Latest, LNG / By

Asia’s imports of liquefied natural gas flatlined in November, putting the top-buying region of the super-chilled fuel on track to record its first annual decline in three years. Much of the blame for the soft outcome can be laid at the door of China, which may lose its status as the world’s top LNG importer …

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KEEPING COOL: Heat a Key Challenge for Data Centers and AI

Artificial Inteligence, Electricity Grid, Energy Topics & Technology, Latest / By

(Reuters) – The global boom in data centers as companies increasingly outsource information storage and ramp up use of energy-intensive artificial intelligence is creating a key challenge for the industry – how to keep cool. An outage at the world’s biggest exchange operator CME Group from late Thursday that halted trade on its popular currency platform and …

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US LNG Exports Hit Record High in November on Cooler Weather, Strong Output

Conventional Energy, Latest, LNG, US News / By

(Reuters) – U.S. liquefied natural gas exports hit an all-time monthly high in November for the second straight month, driven by cooler weather and robust output from the country’s two largest producers, preliminary data from financial firm LSEG showed on Monday. The U.S., the world’s top LNG exporter, shipped 10.9 million metric tonnes last month, …

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Amber Energy Plans to Hold on to Citgo Refineries After Takeover

Conventional Energy, Energy Topics & Technology, Latest, Oil, Refineries, US News / By

By Marianna Parraga Sale, expected to close in 2026, needs OFAC approval Citgo’s refineries provide stable earnings throughout the year Amber expected to shake up Citgo’s board Some contractors might become permanent employees after deal HOUSTON, Dec 1 (Reuters) – Elliott Investment Management’s affiliate Amber Energy plans to keep Citgo Petroleum’s refineries, terminals and other …

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US Midwest Grid Operator Speeds Review of 15 Projects to Bolster Power Supply

Electricity Grid, Energy Topics & Technology, Latest, US News / By

By Laila Kearney Dec 1 (Reuters) – The U.S. Midwest grid operator will fast-track reviews of 15 more power projects to accelerate the addition of electricity supply, the Midcontinent Independent System Operator said on Monday, as part of a program facing legal challenges from consumer and environmental groups. Some of the country’s biggest regional grids …

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Oil Climbs Over $1 a Barrel on OPEC Action, Ukraine Attack

Conventional Energy, Latest, Oil, US News / By

By Erwin Seba Brent, WTI rise more than 1% Ukraine drone attacks hit tankers carrying Russian oil HOUSTON, Dec 1 (Reuters) – Oil prices rose more than 1% on Monday following drone attacks by Ukraine, the closure of Venezuelan airspace by the United States, and OPEC’s decision to leave output levels unchanged in the first …

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Canadian Solar Transfers Assets to Avoid U.S. Scrutiny on China

CDN and International News, Latest, Renewable Energy, Solar / By

Canadian Solar, was the world’s seventh-biggest producer of solar panels last year A major solar panel manufacturer is transferring the assets of its Chinese unit to Canadian ownership, to safeguard sales into the U.S. as Washington steps up scrutiny of imports from the Asian nation. CSI Solar Co., based in Suzhou, will sell 75.1 per …

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Harbour Energy to Cut 100 UK Jobs After Windfall Tax Retained

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil / By

By Olga Tanas Harbour Energy Plc, one of the largest independent oil and gas firms in the UK, expects to cut another 100 jobs after the government decided to keep a windfall tax on North Sea producers. The Labour government last week said it plans to retain the Energy Profits Levy — introduced by the …

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