Trump DOJ Argues Michigan Effort to Shut Down Line 5 Underwater Pipeline Interferes with US foreign Policy
The pipeline, known as Line 5, has moved crude oil between Superior, Wisconsin, and Sarnia, Ontario, since 1953. A 4.5-mile (6.4-kilometer) segment of the line runs under the Straits of…
Bezos-Backed Renewables Alliance Targets $7.5 billion for Developing Countries
Summary Global Energy Alliance for People and Planet lays out new five-year plan Targets at least $500 mln in philanthropic capital Slide in official aid a focus at New York…
Surge in Shipping Costs, WTI Premiums Threaten to Shut US-Asia Oil Arbitrage
U.S. exports to Asia will jump in September, Kpler’s provisional data showed, with buying led by South Korea and India. Asia’s U.S. purchases also include the first cargo for Pakistan’s…
Trump Pushes World Bank to Finance More Fossil Fuel Development
U.S. is applying pressure to lenders to drop restrictions on projects contributing to climate change Financial Times Attracta Mooney in London and Aime Williams in Washington Get the Latest US…
Orsted Court Win Against Trump Administration Lifts Wind Farm Maker’s Shares
Summary US ruling offers temporary relieve for Orsted Risk of credit downgrade reduced, analyst say Project was 80% complete at time of work-stop order Orsted incurs weekly cost of $15.7…
Oil Edges Up as Markets Eye Stock Levels, Iraq Kurdish Pipeline Restart
Summary Iraq, KRG agree to resume about 230,000 bpd crude exports via Turkey Global oil market faces elevated supply, slowing demand US crude stocks expected to rise, gasoline inventories to…
Chevron Plots LNG Growth in Europe with Regasification Terminal Talks, Executive Says
Chevron, which is contracted to export 7 million tons per annum of LNG from the U.S. starting in 2026, has significantly ramped up its LNG trading operations. While not yet…
Governors Push for More Sway Over Biggest U.S. Grid as Power Bills Surge
Summary State leaders plan PJM Governors’ Collaborative for greater influence over PJM grid Capacity payments rise 1,000% due to data center demand and stagnant power supply Governors seek formal role…
Oil Prices Little Changed as Russia, Mideast Concerns Offset by Oversupply Worry
Summary Estonia accuses Russia of violating its air space Four Western nations recognise Palestinian state Iraq increases oil exports after OPEC+ relaxes quota (Reuters) – Oil prices were little changed…
COMMENTARY: The US LNG Industry Risks Becoming Victim of its Own Success
Summary Global LNG capacity to grow by 60% by 2030, US to make up half of additions LNG market expected to enter period of heavy oversupply At the same time,…
