Trending News: Iran, US Talks Hit Impasse as Truce Nears ExpiryUS Crude and Fuel Exports Surge to Record Highs, But it’s Not Enough: RussellTrump Says He Does Not Want to Extend Ceasefire With IranOil Prices Don’t Reflect Scale of Supply Hit, Analysts SayIreland’s multi-million-euro biomethane rollout hit by EU rulingOil Markets on Edge as Trump Signals No Ceasefire Extension Without AgreementIndia’s Crude Imports Sink Despite Record Russian Oil BuyingUK Unveils 10GW Clean Power Push to Break Gas Grip on Electricity BillsIEA: Strait of Hormuz Has Lost Its Status as Reliable Energy RouteStockholm pipeline doubles biogas capacity in HuddingeDaimler and Volvo reveal new 375kW heavy-duty hydrogen fuel cell systemOil Falls on Expectations US-Iran Talks Likely, Opening of SupplyTransTech’s CTR acquires Texas-based AllcryoOnly 5% of energy firms have full supplier visibilityBurckhardt lands compressor deals for Thailand and Taiwan LNG terminalsVideo | How the helium market is evolving after years of disruptionCarbonCure appoints new CEO to drive global growthCarbonCure appoints new CEO to drive global growthCarbonCure appoints new CEO to drive global growthSeven CCS research projects secure funding in the UKTankers Test Hormuz Passage as Ceasefire Deadline LoomsPakistan Is Now Paying a Record Premium for Fuel ImportsU.S. Oil Exports Set to Hit Record HighMahle converts 13-litre diesel engine to run on hydrogen with low NOx emissionsUS tariff refunds available within three monthsRecurrent Energy Secures €1.3 Billion Credit Facility To Accelerate Renewable Expansion Across EuropeDon’t Mistake Easing Oil Prices for Calm, Analyst WarnsSolar Adoption In Singapore Condominiums Faces Cost, Design, And Consensus ChallengesUS scales up biogas opportunity, ABC data showsSolar-Powered Boats Transform Livelihoods Of B40 Fishermen In Mersing, MalaysiaINOX India sends first cryogenic tanks to Bahamas LNG facilityUS-JOINT launched Silicon Valley semiconductor R&D centreSuryaLogix Strengthens Intelligent Renewable Energy Ecosystem with Advanced EMS, In-House Manufacturing, and Global Project ExecutionGasEntec signs contracts for Dakar LNG terminalUK government grants Riversimple £1.7m to deliver lightweight hydrogen carSouth Africa’s SMEs Face Knowledge Gap Despite Growing Push Toward Green TransitionGas Prices Dip Below $4 Per Gallon While Oil Prices Reverse DowntrendAir Canada Scraps Key U.S. Routes Amid High Fuel PricesUK to increase electricity levy and plans fixed price contracts for renewablesUK to increase electricity levy and plans fixed price contracts for renewablesUK hydrogen-based synthetic gas start-up raises £25mAnalysis: Why helium’s structural constraints are exposed by geopolitical shocksTrump Signals No Ceasefire ExtensionClean hydrogen investor Hy24 raises stake in Enagás Renovable to 80%Kuwait Declares Force Majeure as U.S. Seizure of Iranian Ship Escalates TensionsTrump Says Energy Chief ‘Wrong,’ Expects Lower Gas Prices as Soon as Iran War EndsTrump Cites Defense Production Act to Sign Energy-Related MemorandumsNorth Dakota Oil Production up 4,000 bpd in February vs January to 1,130,000 bpd – State RegulatorTrump Says Energy Chief is ‘Wrong,’ Expects Lower Gas Prices as Soon as Iran War EndsFirst new Kursk unit ‘ready for commercial operation’Adani launches nuclear subsidiaryBruce Power to share nuclear knowledge with Energy AlbertaData Centers Drove Half of U.S. Power Demand Growth in 2025, IEA SaysChina’s April Ethane Imports From the U.S. Set to Hit All-Time HighIndia Allows More Russian Ship Insurance as Oil Imports from Moscow SoarWorld’s Biggest Physical Oil Trader Warns of Months of Price VolatilityPhillips 66, Kinder Morgan Move Ahead With New US West Coast Fuel PipelineIran ‘Positively’ Reviewing US Peace Talks Participation; No Decision Yet, Official SaysChina Restarting Massive Coal-to-Gas Project After Decade-Long PausePodcast | Update on the state-of-play in the Middle EastDanish waste-to-energy facility to integrate carbon capture techBiowaste coatings boost CO2-to-fuel conversion efficiency, study findsSoutheast Asia duo eyes green hydrogen microgrid deploymentsVideo | The engineering challenges behind helium systemsOil Prices Rise 5% on Fears of US-Iran Ceasefire CollapseCOMMENTARY: Opening Hormuz is the Easy Part. Restoring Oil Flows Isn’t: BoussoPERSPECTIVE: Is it Time to Abandon Hope the Strait of Hormuz Will Open Soon?: RussellHouthis Threaten to Block Red Sea Oil Exports as Iran War EscalatesIran Issues Stark Warning Over U.S. Naval BlockadeEurope’s EV Sales Jump 51% as Iran War Sends Gasoline Prices SoaringCanadian Hydrogen Association urges clean grid exemptions for hydrogen tax creditsTopsoe to supply tech for US plastic waste-to-fuel projectsNatural hydrogen firms to support US Air Force base resiliency programmeUNICEF donates oxygen concentrators to Cuban hospitals amid supply strainCarbon capture platform launched in NigeriaU.S. Extends Sanction Waiver on Russian Oil for IndiaGermany Moves to Privatize Ex-Gazprom Unit SEFEChina Revives Coal-to-Gas Megaproject as War Disrupts Global Energy FlowsWoodside tops $1bn in early-stage Louisiana LNG spendJinkoSolar Secures 53MW of Tiger Neo 3.0 Modules for a Ground Power Plant in Kazakhstan Powering Central Asia’s Green Energy TransitionPetronor looks to new membrane tech to boost existing grey hydrogen outputDeal signed to advance biomethane for Indonesian data centresLONGi Academy Hosts Successful Energy Transformation Forum in AmmanJinkoSolar Five-Star Fire-Resistant Modules: Redefining Fire SafetyACWA Power Signs SAR 11.5 Billion Deal With Saudi Power Procurement Company For Major 2.3 GW Rabigh 2 Power Plant Expansion In Makkah RegionKey CO2 storage hubs identified in global CCUS studyAfrican Development Bank And ILX Management B.V. Complete First Joint Deal To Mobilise Climate-Focused European Capital For AfricaSiemens to deploy 12 new hydrogen-powered trains in RomaniaBoeing and Norsk expand e-SAF partnershipOil Down on Friday, Up on MondayOil Tankers Test Hormuz ReopeningStrait of Hormuz Faces Full Shutdown as Iran Escalates StandoffOil Prices Surge After U.S. Seizes Iranian Vessel Near HormuzElectrolyser deployed at Japanese auto part plant to replace natural gasCalifornia hydrogen disruption lays bare mobility supply chain fragilitySpain Probes Europe’s Worst Blackout Over Power Rule BreachesKazakhstan strategy considers four nuclear power plantsKuwait declares force majeure as Hormuz disruption halts oil export flowsEC to examine Romanian plans for funding reactor refurbishmentFirst Taipingling unit enters commercial operation

Trump: We Will Fill Up the Strategic Petroleum Reserve Fast

Business & Policy
February 20, 2025

U.S. President Donald Trump said on Wednesday his administration would quickly fill up the Strategic Petroleum Reserve, which he criticized his predecessor, former President Joe Biden, for tapping to bring down the price of gasoline.“We’ll fill it up fast,” Trump told a conference in Miami.