Japan’s JERA Creates Oil Storage Firm to Manage National Reserve Sites
Alaska LNG Hinges on How Much Asian Buyers Will Pay for Energy Security
WTI Sinks Nearly 4% as EU Weighs Emergency Stockpile Release
Latest Dallas Fed Survey Reveals Theme Among Respondents
What is the near-term feasibility of helium-3 fuel for fusion power?
UN Says Global Fuel Subsidies Could Top $1 Trillion
JERA CEO Warns LNG Prices Have Further to Climb
Scaling up: Blue Star’s next phase in Colorado
Shougang, Rio Tinto commission carbon capture trial facility at China steel plant
Oil Prices Come Under Pressure
Oil Prices Extend Gains on Concern Over Potential US-Iran Conflict
Summary Brent and WTI benchmarks up more than 1% Prices buoyed by concern over potential U.S.-Iran conflict US crude and fuel inventories fell last week, sources said (Reuters) – Oil…
US Energy Secretary Wright Pressures IEA to Quit Net Zero Agenda
Reuters – The U.S. Energy Secretary Chris Wright gave the International Energy Agency on Thursday a one-year deadline to move away from its net zero climate-focused agenda or risk losing…
Oil Companies Jostle for Projects to Boost Venezuelan Output Quickly; A Real Grind Awaits
Summary Chevron in prime position for early gains in Venezuela Challenges include repairing infrastructure, securing diluents Legal risks and regulatory uncertainty remain for oil companies CABIMAS, Venezuela, Feb 19 (Reuters)…
U.S. to Redirect Venezuelan Oil Royalties Into a Treasury-Controlled Fund
Energy companies that want to produce crude oil in Venezuela will be paying local taxes and fees to the Venezuelan government, but royalty payments and federal taxes will go into…
California Leads 13 States in Lawsuit Over Canceled Clean Energy Funds
A dozen states, led by California, are suing the federal government for the cancellation of billions in funding for alternative energy projects approved by Congress. The suit was filed with…
Oil Extends Wednesday Rally
Brent crude is trading slightly higher this morning, extending yesterday’s rally as the geopolitical risk premium was repriced higher on renewed U.S.-Iran tensions. That’s what Ole R. Hvalbye, a commodities…
Week in Africa: KenGen & Kenya Power Profit Surge; EGA Expands SA Solar Manufacturing and More…
KenGen and Kenya Power reported robust profit growth driven by increased renewable generation, improved operational efficiency, and stronger electricity demand. Expanded geothermal, hydro, and wind capacity continues to stabilize Kenya’s…
Philippines REC Market Set To Double By 2032 Amid Clean Energy Push
The Philippines is moving steadily toward a cleaner energy future, with its Renewable Energy Certificate (REC) market expected to more than double in value over the next decade. A recent…
