Trump to Sign Nuclear Power Orders Energy Chief Wright Says
May 23 (Reuters) – U.S. Energy Secretary Chris Wright said that President Donald Trump will sign executive orders on Friday aimed at boosting nuclear power. Reuters reported on Thursday that…
A 4-YEAR LOW – US Drillers Cut Oil, Gas Rigs to Lowest Since November 2021, Baker Hughes Says
The oil and gas rig count, an early indicator of future output, fell by 10 to 566 in the week to May 23. That 10-rig reduction was the biggest weekly…
US Natgas Prices Climb 2% on Lower Output, Hot Summer Forecasts
For the week, the contract was down less than 1% after losing around 12% last week. Get the Latest US Focused Energy News Delivered to You! It’s FREE: Looking forward,…
Ending the Week – Oil Gains on Short-Covering, Nuclear Talks
Oil gains on short-covering, nuclear talks Summary Higher tariffs could hit oil demand growth, analysts say Brent and WTI down more than 2% this week Market braces for another OPEC+…
Victory for Energy Freedom: the House (Finally) Limits IRA Subsidies
Last week, Republicans were planning to keep the vast majority of the trillion-dollar IRA subsidies, including grid-destroying solar/wind subsidies. Fortunately, a few energy freedom fighters saved us By Alex Epstein…
US Invites Asian Officials to Alaska, Eyes $44 Billion LNG Project
Summary Energy, Interior secretaries to host June 2 event in Alaska Officials from Taiwan, South Korea, Japan invited Trump pushing allies to invest in long-delayed project (Reuters) – The U.S.…
Oil Heads for First Weekly Loss Since April on OPEC+ Supply Hike Expectations
Summary Brent, WTI down 2% on the week Market braces for another OPEC+ output hike in July Iranian nuclear deal talks in focus, fifth round on Friday (Reuters) – Oil…
Northvolt to Stop Production in June With No Buyers in Sight
While production is set to stop by the end of next month, efforts to identify a purchaser for the plant remain ongoing Northvolt AB will stop making cells at its…
Shell Expects More LNG exporters to Turn into Net Importers, Drive Demand
Energy major Shell expects several traditional LNG exporter nations to turn into net importers, driving demand for the super chilled fuel and potentially easing concerns that the industry faces oversupply…
US Agency Says Geothermal Energy in Nevada’s Great Basin Could Play Larger role
A geothermal power plant is seen in the distance through geological mudpots atop the San Andreas Fault in Calipatria, California (Reuters) – Geothermal energy in the Great Basin of Nevada…
%20Limits%20IRA%20Subsidies){kind=link}
