US Tracking Closely How to Get Oil Tankers Through Strait of Hormuz, White House Says

(Reuters) – White House press secretary Karoline Leavitt on Wednesday said the United States is tracking “very closely” how to get oil tankers through the Strait of Hormuz. “As far…

Freeport CEO Says Iran War Energy Disruptions Could Delay New US LNG Projects

(Reuters) – Supply disruptions linked to the U.S.-Israeli war on Iran could delay construction of liquefied natural gas projects slated for development in the U.S., Freeport LNG CEO Michael Smith…

CERAWeek UPDATE: US Shale Firms Unlikely to Drill at $100 a Barrel Unless High Prices Last Longer, Executives Say

Shale producers helped make the U.S. the top producer in the world and are often counted upon to fill supply gaps because their operations can produce crude relatively quickly. Yet…

Gas, Not Oil, Is Where US Energy Dominance Matters

By In demand. Photographer: Callaghan O’Hare/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE: The conflict in Iran represents both an expression of US “energy dominance”…

Germany and South Korea Face Rare Earths Supply Shortage

Germany and the EU as a whole, as well as South Korea, are staring at a deficit of rare earth elements, while the U.S. and Japan are busy making supply…

U.S. Waivers Spur Russian Oil Sales But Interest in Iran’s Crude Remains Low

The U.S. waivers on the purchase of Russian and Iranian crude on tankers have been a mixed bag of success in boosting oil supply in Asia. While refiners, especially in…

Japan Urges IEA to Prepare for Second Emergency Oil Release

Japan’s Prime Minister Sanae Takaichi on Wednesday asked the head of the International Energy Agency (IEA) to be ready for an additional release of oil stocks from reserves if it…