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…

Valero Prepares Restart of Port Arthur, Texas Oil Refinery After Blast, Sources Say

(Reuters) – Valero Energy Corp is preparing to restart its 380,000 barrel-per-day (bpd) Port Arthur, Texas, oil ​refinery this week after shutting the plant on ‌Tuesday following an explosion and…

Oil Falls as Reports of 15-Point Proposal Spurs Ceasefire Hopes

Summary Trump cites progress with Iran, US proposes plan to end war Iran tells UN ‘non-hostile’ ships can transit Strait of Hormuz Saudi hikes Yanbu exports to work around Hormuz…