India Remains Dependent on Imports for 90% of Oil Demand
Despite a decline in dependence on primary energy imports, India remains highly dependent, at a massive 90%, on crude oil imports for its consumption, a new industry report has shown.…
Saudi Arabia, Pakistan and Turkey to Sign Defense Deal
Saudi Arabia, Pakistan, and Turkey are expected to sign on Friday a joint defense cooperation agreement amid the Middle East’s turmoil triggered by the war in Iran, Reuters reports, citing…
ADNOC Buys 11 Supertankers for $1.3 Billion to Expand Export Fleet
ADNOC has bought 11 very large crude and gas carriers for $1.3 billion as the national oil company of Abu Dhabi continues to expand its fleet of supertankers to boost…
Libya Aims to Boost Oil Production to 2 Million Bpd by Early 2030s
Libya’s National Oil Corporation (NOC) is confident the country could raise oil production to 2 million barrels per day (bpd) by early next decade from about 1.4 million bpd now,…
US Judge Orders Pentagon to Lift Wind Project Freeze
Summary Judge enjoins Pentagon freeze on wind project reviews Pentagon cited national security interests Renewable energy groups said freeze was arbitrary and capricious, cost billions Pentagon said it does not…
Trump Unveils Trade Actions to Compete with China on Solar and Chips
Summary Tariff and price floors target supply chains dominated by China US solar manufacturers praise action as support for domestic production and investment Implementation delayed until December 4 Aug 6…
SpaceX to Build Natural Gas Power Plants for Texas Chip Factory
By SpaceX plans to build its own power plants to support the massive semiconductor manufacturing facility it’s developing in Texas with Tesla Inc. Get the Latest US Focused Energy News…
Trump Refunds to Cancel Offshore Wind Projects Total $4 Billion
By and The Trump administration has agreed to roughly $4 billion in settlements this year to cancel planned offshore wind projects, including a $1.22 billion deal with German utility RWE…
Trump Is Aiding a Golden Age for Renewable Energy
By Given America’s political environment, you would be forgiven for thinking the country has slipped into a dark age of energy recidivism; burning oil, gas and coal left and right;…
Saudi Crude Shipments to US Plunge to Zero as Oil Refiners Pivot
By US imports of Saudi Arabian oil dropped to zero in July, the first time that’s happened for an entire month since 1985, according to preliminary government data. Get the…
