Trending News: Chinese foundries record triple–digit quarterly growthIndia Drives a Global Surge in New Coal Mine PlansNew Zealand Approves New Oil and Gas Production as Energy Security Concerns GrowHigh Oil Prices Deliver a Windfall for China’s Coal-to-Chemicals IndustryAlaska LNG Pipeline Bill Dies in Legislature, Governor Fires BackIndia Eyes Two New Sites to Expand Strategic Oil ReservesNew opportunities for CO2 in food and beverage decarbonisationHow CO2 could help reduce water use in data centresBlack Moon Energy and TAE explore helium-3 fuel in nuclear powerAnalysis: Should industrial gas adopt auto-style supply chain safety nets?Green Energy Stocks Trade Mixed As Market Volatility Weighs On Renewable Sector (13 August 2026)United Solar Welcomes U.S. Section 232 Measures on PolysiliconSaudi Arabia Completes $8.5 Billion Green Hydrogen Plant In NEOMTrump Puts 81 Million Gulf Acres Up for Oil and Gas AuctionUkraine Halts Oil Tanker Attacks on JD Vance RequestPutin Opens New Front in Shadow Fleet Fight With Threat to Seize EU ShipsOil Prices Fall as OPEC and IEA Slash 2026 Demand OutlooksSouth Korean Fleet Reshuffle Creates Asia’s Largest LNG Carrier OperatorSungrow Ranked No. 1 in Global BESS Integrator and Solar Inverter Rankings by Wood MackenzieSolar & Storage Expo Chhattisgarh 2026 Concludes on a High Note in Raipur, Bringing Together 3,500+ Industry ProfessionalsUcaneo CEO outlines next steps after opening Germany’s largest DAC facilityUcaneo CEO outlines next steps after opening Germany’s largest DAC facilityU.S. Crude Inventories Rise by Most in 3.5 Years as Exports SlumpBofA to Plow $250 Billion Into Critical Infrastructure ProjectsTop US Refiners See Profits Soar, Step Up Investor RewardsShift CCUS funding onto producers recommends IPPRSK Shipping to become Asia’s largest LNG carrier under K-LNG rebrandIran Boosts Military Posturing as Talks Hit DeadlockVirginia Data Center Boom Pushes Dominion Deeper Into Costly Power MarketUS to Offer 81 Million Acres in Gulf of Mexico Oil and Gas Lease SaleTrump Says US Has ‘Total Control’ Over Strait of HormuzUS Crude Stocks See Largest Weekly Rise in 3.5 Years, EIA SaysUS Gulf of Mexico Oil and Gas Lease Sale Attracts $82.7 Million in High BidsIEA: Global Oil Deficit To Hit 1.8 Million Bpd This QuarterIndian Refiners Seek 6 Million Barrels of Spot CrudeNorway $2.3 Trillion Wealth Fund Posts Record-High Profit in H1USA Oil, Gas Workforce Hits Lowest Level in YearsCaptured CO2 used to develop recyclable plasticsUS Crude Oil Inventories See Surprise Build: APIRussia Imports Indian Fuel as Refinery Crisis DeepensDrone Attack Hits Power Plant at Key Libyan Oil HubTanker Data Contradicts U.S. Claim That Middle East Oil Flows Have NormalizedHormuz Ship Traffic Falls to Weekly Low as Standoff Drags OnUK Warns of Tighter Power Margins During EclipseMesser to build new air separation unit in TexasMesser to build new air separation unit in TexasCCS–specific frameworks in Asia Pacific ‘largely absent’European Energy Secures GBP 58.1 Million Financing For UK Solar-Battery ProjectSaipem consortium advances $32m Rovuma LNG workIndia Daily: India Backs BESS with ₹5,400 Cr, India Solar Crosses 164 GW, NTPC Mining Plans 50 MWp Solar, CEA Proposes New Grid Standards and More…Green Energy Stocks See Mixed Trading as Sensex, Nifty Decline on August 12Ireland connects first biomethane plant to gas networkLONGi Launches LONGi ONE in Egypt, Accelerating the Next Era of Integrated Solar and StorageBERC Proposes Bihar Electricity Grid Code 2026 To Modernize State Power Grid Framework In BiharUK professors call on carbon storage to be factored into North Sea licensingUK professors urge carbon storage to be factored into North Sea licensingBlue Star establishes regular helium deliveries from Colorado plantAxpo and Vitol launch LNG bunkering at Italy cruise portUS Fired on Panama-Flagged Ship That Tried to Break Blockade of Iranian Ports, WSJ Reports Citing US OfficialUS Natural Gas Output, Demand to Hit Record Highs in 2026, EIA SaysUS Natgas End-of-Season Storage Seen at Three-Year Low in OctoberUS Power Use to Beat Record Highs in 2026 and 2027 as AI Use Surges, EIA SaysRussian Crude Exports Drop to Lowest Since MayIran Says Hormuz Will Stay Closed Until U.S. Meets Its ConditionsFrance’s Power Prices Jump 22% as Heatwave Trims Nuclear OutputMIT develops framework for assessing economics of fusionFirst fuel loaded into Tianwan unit 7Construction of Bailong 2 conventional island beginsOil Pares Gains as Traders Weigh Oman-Iran TalksTrump Extends Jones Act Waiver for 90 Days, Narrows ScopePhillips 66, Kinder Morgan, HF Sinclair Approve Western Gateway Pipeline ProjectVenture Global Misses Quarterly Estimates as Lower LNG prices, Higher Costs WeighOPEC Output Climbs Again, But Still Trails Quota TargetsADNOC Issues Eighth Spot Tender Since June as UAE Ramps Up Crude ExportsUkraine Drone Attack Hits Major Oil Refinery Deep Inside RussiaNOAA Reveals Latest Atlantic Hurricane Season PredictionVenture Global records $1.3bn quarterly profitEgypt and Libya Near $1 Billion Oil Pipeline DealBofA: Hormuz Needs 10 Times More Ships to Stabilize Oil MarketsOil Prices Climb as U.S.-Iran Peace Hopes FadeLibya Weighs Force Majeure After Drone Attacks on Zawiya Oil HubGlobal Gas Turbine Orders Hit Record High as Power Demand SurgesChina’s Teapot Refiners Poised to Ramp Up Iranian Oil BuyingHormuz Traffic Sinks to Six Vessels Monday as Iran Talks Stall AgainUniper Profits Surge as Germany Prepares to Sell Energy GiantCardinal announces ‘world’s first’ float glass carbon capture system in WashingtonUK regulator seeks views on Vivisol acquisition of Air Liquide’s home oxygen businessLONGi to Supply Hi-MO 9 Modules for Innovo Renewables’ 71 MWp Solar Portfolio in ItalyRobotics next in line to face electricity scrutinyAdnoc Gas awards $8.2bn in EPC contractsGreen Energy Stocks Show Mixed Performance As Indian Markets Decline On August 11KEC International Reports INR 5,024 Crore Revenue in Q1 FY27, Order Book and L1 Position Exceed INR 40,000 CrorePhilippines Breaks Ground On First 41 MWp Integrated Solar And 53 MWh Battery Storage Project In PampangaLloyds Metals Approves Solar And Wind Investments Under Group Captive SchemeTUI Cruises scales up bioLNG use for vessels in EuropeTrump’s Low-Key Pivot Leaves Hormuz Oil in LimboDiesel Prices Surge on Tightening Global SupplyTrump Says the US Has Swept Strait of Hormuz for MinesOil Stocks in US Strategic Petroleum Reserve Fall by 6.1 Million Barrels to Lowest Level Since 1983US Natgas Prices Climb 4% as LNG Export Flows Hit One-Month High
Thu. Aug 13th, 2026
Trending News: Chinese foundries record triple–digit quarterly growthIndia Drives a Global Surge in New Coal Mine PlansNew Zealand Approves New Oil and Gas Production as Energy Security Concerns GrowHigh Oil Prices Deliver a Windfall for China’s Coal-to-Chemicals IndustryAlaska LNG Pipeline Bill Dies in Legislature, Governor Fires BackIndia Eyes Two New Sites to Expand Strategic Oil ReservesNew opportunities for CO2 in food and beverage decarbonisationHow CO2 could help reduce water use in data centresBlack Moon Energy and TAE explore helium-3 fuel in nuclear powerAnalysis: Should industrial gas adopt auto-style supply chain safety nets?Green Energy Stocks Trade Mixed As Market Volatility Weighs On Renewable Sector (13 August 2026)United Solar Welcomes U.S. Section 232 Measures on PolysiliconSaudi Arabia Completes $8.5 Billion Green Hydrogen Plant In NEOMTrump Puts 81 Million Gulf Acres Up for Oil and Gas AuctionUkraine Halts Oil Tanker Attacks on JD Vance RequestPutin Opens New Front in Shadow Fleet Fight With Threat to Seize EU ShipsOil Prices Fall as OPEC and IEA Slash 2026 Demand OutlooksSouth Korean Fleet Reshuffle Creates Asia’s Largest LNG Carrier OperatorSungrow Ranked No. 1 in Global BESS Integrator and Solar Inverter Rankings by Wood MackenzieSolar & Storage Expo Chhattisgarh 2026 Concludes on a High Note in Raipur, Bringing Together 3,500+ Industry ProfessionalsUcaneo CEO outlines next steps after opening Germany’s largest DAC facilityUcaneo CEO outlines next steps after opening Germany’s largest DAC facilityU.S. Crude Inventories Rise by Most in 3.5 Years as Exports SlumpBofA to Plow $250 Billion Into Critical Infrastructure ProjectsTop US Refiners See Profits Soar, Step Up Investor RewardsShift CCUS funding onto producers recommends IPPRSK Shipping to become Asia’s largest LNG carrier under K-LNG rebrandIran Boosts Military Posturing as Talks Hit DeadlockVirginia Data Center Boom Pushes Dominion Deeper Into Costly Power MarketUS to Offer 81 Million Acres in Gulf of Mexico Oil and Gas Lease SaleTrump Says US Has ‘Total Control’ Over Strait of HormuzUS Crude Stocks See Largest Weekly Rise in 3.5 Years, EIA SaysUS Gulf of Mexico Oil and Gas Lease Sale Attracts $82.7 Million in High BidsIEA: Global Oil Deficit To Hit 1.8 Million Bpd This QuarterIndian Refiners Seek 6 Million Barrels of Spot CrudeNorway $2.3 Trillion Wealth Fund Posts Record-High Profit in H1USA Oil, Gas Workforce Hits Lowest Level in YearsCaptured CO2 used to develop recyclable plasticsUS Crude Oil Inventories See Surprise Build: APIRussia Imports Indian Fuel as Refinery Crisis DeepensDrone Attack Hits Power Plant at Key Libyan Oil HubTanker Data Contradicts U.S. Claim That Middle East Oil Flows Have NormalizedHormuz Ship Traffic Falls to Weekly Low as Standoff Drags OnUK Warns of Tighter Power Margins During EclipseMesser to build new air separation unit in TexasMesser to build new air separation unit in TexasCCS–specific frameworks in Asia Pacific ‘largely absent’European Energy Secures GBP 58.1 Million Financing For UK Solar-Battery ProjectSaipem consortium advances $32m Rovuma LNG workIndia Daily: India Backs BESS with ₹5,400 Cr, India Solar Crosses 164 GW, NTPC Mining Plans 50 MWp Solar, CEA Proposes New Grid Standards and More…Green Energy Stocks See Mixed Trading as Sensex, Nifty Decline on August 12Ireland connects first biomethane plant to gas networkLONGi Launches LONGi ONE in Egypt, Accelerating the Next Era of Integrated Solar and StorageBERC Proposes Bihar Electricity Grid Code 2026 To Modernize State Power Grid Framework In BiharUK professors call on carbon storage to be factored into North Sea licensingUK professors urge carbon storage to be factored into North Sea licensingBlue Star establishes regular helium deliveries from Colorado plantAxpo and Vitol launch LNG bunkering at Italy cruise portUS Fired on Panama-Flagged Ship That Tried to Break Blockade of Iranian Ports, WSJ Reports Citing US OfficialUS Natural Gas Output, Demand to Hit Record Highs in 2026, EIA SaysUS Natgas End-of-Season Storage Seen at Three-Year Low in OctoberUS Power Use to Beat Record Highs in 2026 and 2027 as AI Use Surges, EIA SaysRussian Crude Exports Drop to Lowest Since MayIran Says Hormuz Will Stay Closed Until U.S. Meets Its ConditionsFrance’s Power Prices Jump 22% as Heatwave Trims Nuclear OutputMIT develops framework for assessing economics of fusionFirst fuel loaded into Tianwan unit 7Construction of Bailong 2 conventional island beginsOil Pares Gains as Traders Weigh Oman-Iran TalksTrump Extends Jones Act Waiver for 90 Days, Narrows ScopePhillips 66, Kinder Morgan, HF Sinclair Approve Western Gateway Pipeline ProjectVenture Global Misses Quarterly Estimates as Lower LNG prices, Higher Costs WeighOPEC Output Climbs Again, But Still Trails Quota TargetsADNOC Issues Eighth Spot Tender Since June as UAE Ramps Up Crude ExportsUkraine Drone Attack Hits Major Oil Refinery Deep Inside RussiaNOAA Reveals Latest Atlantic Hurricane Season PredictionVenture Global records $1.3bn quarterly profitEgypt and Libya Near $1 Billion Oil Pipeline DealBofA: Hormuz Needs 10 Times More Ships to Stabilize Oil MarketsOil Prices Climb as U.S.-Iran Peace Hopes FadeLibya Weighs Force Majeure After Drone Attacks on Zawiya Oil HubGlobal Gas Turbine Orders Hit Record High as Power Demand SurgesChina’s Teapot Refiners Poised to Ramp Up Iranian Oil BuyingHormuz Traffic Sinks to Six Vessels Monday as Iran Talks Stall AgainUniper Profits Surge as Germany Prepares to Sell Energy GiantCardinal announces ‘world’s first’ float glass carbon capture system in WashingtonUK regulator seeks views on Vivisol acquisition of Air Liquide’s home oxygen businessLONGi to Supply Hi-MO 9 Modules for Innovo Renewables’ 71 MWp Solar Portfolio in ItalyRobotics next in line to face electricity scrutinyAdnoc Gas awards $8.2bn in EPC contractsGreen Energy Stocks Show Mixed Performance As Indian Markets Decline On August 11KEC International Reports INR 5,024 Crore Revenue in Q1 FY27, Order Book and L1 Position Exceed INR 40,000 CrorePhilippines Breaks Ground On First 41 MWp Integrated Solar And 53 MWh Battery Storage Project In PampangaLloyds Metals Approves Solar And Wind Investments Under Group Captive SchemeTUI Cruises scales up bioLNG use for vessels in EuropeTrump’s Low-Key Pivot Leaves Hormuz Oil in LimboDiesel Prices Surge on Tightening Global SupplyTrump Says the US Has Swept Strait of Hormuz for MinesOil Stocks in US Strategic Petroleum Reserve Fall by 6.1 Million Barrels to Lowest Level Since 1983US Natgas Prices Climb 4% as LNG Export Flows Hit One-Month High
Thu. Aug 13th, 2026

Semiconductor tax credit increased to 35% in updated US budget bill

  • Gas
  • July 4, 2025

The US House of Representatives has passed President Trump’s budget bill, boosting the advanced manufacturing investment credit (AMIC) for the semiconductor industry from 25% to 35%.

This follows the finalising rules to offer a 25% tax credit for certain semiconductor manufacturing investments.

To qualify for the capital, construction must have started after August 9, 2022, and the equipment must be placed in service after December 31, 2022.

John Neuffer, President and CEO of SIA, applauded the strengthened advanced manufacturing investment credit.

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