Trending News: China’s Independent Refiners Boost Crude Buying After New Import QuotasGreenergy Introduces Shagara WaterHub, a Solar-Powered Water and Energy Solution for Remote CommunitiesJapan Solar Auction Signals Market Shift as Awarded Capacity Falls to 75.3 MW Amid Rising Development BarriersAngola Inaugurates Sub-Saharan Africa’s Largest Off-Grid Solar Park, Bringing Power To 130,000 ResidentsGlobal Green Economy Surges Past $5 Trillion, Poised To Exceed $7 Trillion By 2030—ReportScatec Commences Commercial Operations of 273 MW Grootfontein Solar Plant in South AfricaREIL Issues 5 MW Rooftop Solar Rate Contract For Jammu & Kashmir Government BuildingsREIL Invites Bids For 10 MW Rooftop Solar Project In Jodhpur With 25-Year O&M ContractTNGECL Floats Tender For 20 MWp Rooftop Solar Project On Government Buildings Across Tamil NaduUzbekistan Commissions $11 Billion in New Energy Infrastructure, Expands Renewable CapacityIndia and Germany Hold Talks to Strengthen Renewable Energy CooperationU.S. Clean Energy Installations Hit Record 11.7 GW in Q3, But Policy Uncertainty Clouds OutlookCERC Directs Restoration Of 2300 MW Renewable Connectivity, Condones Delay Under GNA RegulationsCERC Grants 70% Interim Tariff For PGCIL’s 8.1 GW Rajasthan Solar Evacuation Transmission Assets Under Phase-II-Part B1Oil Climbs to 2-Week High on Fed Rate-Cut Signals, Supply ConcernsUS Drillers Add Rigs for Fourth Time in Five Weeks, Says Baker HughesHeavy Crude Prices Could Surge as U.S.-Venezuela Tensions EscalateEquinor Makes Two Large Gas Discoveries in Norway’s North SeaCargill and Uzbekneftegaz Ink Deal to Boost Central Asian Energy SecurityOil Prices Hold Steady Due to Stalled Ukraine Peace Talks and Supply OutlookTC Energy Boss Advises U.S. on Speeding Along Oil and Gas InfrastructureChevron Moves Ahead With $2 Billion Expansion at Gorgon LNGIndia Braces for a Steel Export Slump as Europe’s Carbon Tariff Takes HoldIndia Considers Expanding Coal Power Fleet by 2047Germany Scales Back Offshore Wind Auctions After Latest FlopWebinar: Medical gases are the ‘backbone’ of hospital infrastructureWebinar: Medical gases are the ‘backbone’ of hospital infrastructureScotland’s largest CCS project faces fresh uncertainty as partner considers saleScotland’s largest CCS project faces fresh uncertainty as partner exits: reportsOil Could be Significantly Impacted by USA-VEN TensionsSoudah Development And National Grid SA Partner On SAR 1.3 Billion Power Network For Soudah Peaks In Saudi ArabiaFuture Energy Leadership Summit Awards Shobit Rai for Excellence in Renewable Energy LeadershipCongress Reopens More of Alaska’s Arctic Refuge to Oil LeasingIndia Steps Up Purchases of Sanctions-Free Russian CrudeBasant Maheshwari Honoured for Leadership as Hasti India Expands in Green Energy & BESSVolkswagen Group Africa Expands Solar Power Capacity To 5.2 MWp With Completion Of Phase Two At Kariega PlantOffshore Floating Solar Study Shows LCOE Below $0.06/kWh In Thailand And Malaysia, Highlighting Major Global Deployment Potential – ReportPartners to establish CO2 logistics hub in StockholmUMC and Polar Semiconductor tie up to scale US chip productionOil Tanker Rates Skyrocket by 467% Amid Shipping ChaosU.S. Waiver Lets Lukoil Stations Abroad Keep Operating Despite SanctionsUS Extends Reprieve for Lukoil Fuel Stations Outside RussiaGorgon Stage 3 reaches financial closeUS Congress Repeals Biden-Era Limits on Oil and Gas in Alaska RefugeUS Natural Gas Futures Edge Up to 35-Month High on Cold Snap and Near-Record LNG Export FlowsBrazilian development bank gauges consultancy interest in uranium expansionFirst nuclear fuel delivered for Kudankulam unit 3Kansas site selected for underground reactor demoFurther delay in Finnish repository licence reviewOil Stable After Ukraine Strike on Russian Oil Pipeline Does Not Disrupt SupplyGlenfarne Finalizes 20-Year LNG Supply Deal With South Korea’s POSCOUS Congress Repeals Biden-Era Limits on Oil and Gas in Alaska RefugeOil Exports from Russian Black Sea Ports Dip on Attacks and StormsUS LNG Exports Will Shrink if Margin Squeeze Intensifies: BoussoUK Regulator Greenlights Massive $37 Billion Energy Grid OverhaulVår Energi Makes Oil Discovery Near Arctic Field in NorwayEdison to Invest $700 Million in Renewable Energy in ItalyArgentina Sees Greenlight for $20 Billion LNG Project in Mid-2026$5 Psychological Threshold Still a Relevant Driver for NatGasChevron to Spend up to $19 Billion Next Year in Focus on US, Guyana Oil ProductionAxpo and GNV complete first ship-to-ship bioLNG refuelling in ItalyTurkey Extends Gazprom Deal as It Accelerates LNG PivotExxonMobil Prepares to Permanently Close Singapore Petrochemical UnitUS LNG opportunities ‘lie beyond Permian basin’UK partners launch accelerator to boost early-stage SAF projectsAnalysts See ‘5-10 Years of Decent Growth’ for Oil DemandFlares Energy’s Harshal Satav Wins “Leaders Under 40” Honor at Future Energy Leadership Summit 2025Norway Abandons Deep Sea Mining PlansUK Unveils $11 Billion Clean Energy Plan to Turbocharge Wind, Solar, and StorageChina and India Ramp Up Thermal Coal Imports as Winter Demand LoomsOil and gas firms push back against EU CO2 storage rulesLEAPTING Recognized as the Customer’s Top Choice for Innovation in Solar Robotic Cleaning at FEL Summit 2025TCL Hosts Major Installer Workshop in Thailand, Strengthening Commitment to Local Solar EcosystemEurope to channel ETS revenues into clean techIndonesia’s Solar Push Gains Momentum As China Steps In To Fuel Renewable Energy ExpansionMauritania Advances Energy Transition with New 160 MW Solar Project as MSGBC Region Expands Renewable, Gas and Hydrogen InvestmentsIndia Launches First-Ever R&D Roadmap for Carbon Capture to Support Net Zero GoalsIEA Hosts Southeast Asia Energy Efficiency Training Week In Hanoi With ADB And Vietnam’s Ministry Of IndustryEgypt’s $15 Billion South Sinai Renewable Energy Project Set To Deliver 10 GW Clean PowerAir Liquide and Hyundai to set up key hydrogen hubs400+ Bilfinger Workers Support Strike ActionNLB Banka Sarajevo Secures EBRD Green Financing With EU Incentives To Drive Sustainable Living And Community GrowthADB Approves $50M Grant To Tajikistan For Green Jobs, Women-Led Enterprises, And Sustainable ReformsNEPC Approves 1,500 MW Community Solar Framework, Launching High-Speed Race for Project Readiness In ThailandTata Power Renewable Energy Teams Up With UCO Bank To Boost Rooftop Solar Adoption Across IndiaUK grid investment allocates £20m biomethane funding and aims to cut industrial billsUK grid investment allocates £20m biomethane funding and aims to cut industrial billsEx-Pornhub Owner Reportedly Interested In Lukoil AssetsRussia’s Druzhba Oil Flows Continue After Ukraine StrikePace Digitek’s Lineage Power Bags ₹997.10 Million Lithium Battery Storage Order, Boosting India’s Grid CapacityIndiGrid Signs ₹372-Crore Deal to Buy Gadag Transmission Project, Strengthening Renewable Grid NetworkCalifornia’s Power Shift: Solar Generation Doubles in Five Years as Natural Gas Output Declines Amid Peak-Day Battery Storage GainsLONGi Enters Energy Storage Market, Redefining Industry Standards with “Ultimate Safety”Citicore Renewable Energy Taps PHP 3.975-B Financing from BPI to Accelerate Utility-Scale Solar Expansion Aligned With Philippines’ Energy Transition GoalsADNOC in Talks to Buy SEFE Trading ArmNVVN Invites Bids For 2000 kW Solar Project At India Security Press, NashikDEWA Chief Meets New Bahrain Consul General to Strengthen Energy & Sustainability CooperationNVVN Issues Major Tender For 125 MW / 500 MWh BESS Project To Boost Grid Stability In ChhattisgarhUnion Environment Minister Stresses Clean Industrialisation as Key Driver of India’s Future CompetitivenessSJVN Invites Bids For 250 MW/500 MWh BESS Under VGF Scheme In Haryana
Sun. Dec 7th, 2025
Trending News: China’s Independent Refiners Boost Crude Buying After New Import QuotasGreenergy Introduces Shagara WaterHub, a Solar-Powered Water and Energy Solution for Remote CommunitiesJapan Solar Auction Signals Market Shift as Awarded Capacity Falls to 75.3 MW Amid Rising Development BarriersAngola Inaugurates Sub-Saharan Africa’s Largest Off-Grid Solar Park, Bringing Power To 130,000 ResidentsGlobal Green Economy Surges Past $5 Trillion, Poised To Exceed $7 Trillion By 2030—ReportScatec Commences Commercial Operations of 273 MW Grootfontein Solar Plant in South AfricaREIL Issues 5 MW Rooftop Solar Rate Contract For Jammu & Kashmir Government BuildingsREIL Invites Bids For 10 MW Rooftop Solar Project In Jodhpur With 25-Year O&M ContractTNGECL Floats Tender For 20 MWp Rooftop Solar Project On Government Buildings Across Tamil NaduUzbekistan Commissions $11 Billion in New Energy Infrastructure, Expands Renewable CapacityIndia and Germany Hold Talks to Strengthen Renewable Energy CooperationU.S. Clean Energy Installations Hit Record 11.7 GW in Q3, But Policy Uncertainty Clouds OutlookCERC Directs Restoration Of 2300 MW Renewable Connectivity, Condones Delay Under GNA RegulationsCERC Grants 70% Interim Tariff For PGCIL’s 8.1 GW Rajasthan Solar Evacuation Transmission Assets Under Phase-II-Part B1Oil Climbs to 2-Week High on Fed Rate-Cut Signals, Supply ConcernsUS Drillers Add Rigs for Fourth Time in Five Weeks, Says Baker HughesHeavy Crude Prices Could Surge as U.S.-Venezuela Tensions EscalateEquinor Makes Two Large Gas Discoveries in Norway’s North SeaCargill and Uzbekneftegaz Ink Deal to Boost Central Asian Energy SecurityOil Prices Hold Steady Due to Stalled Ukraine Peace Talks and Supply OutlookTC Energy Boss Advises U.S. on Speeding Along Oil and Gas InfrastructureChevron Moves Ahead With $2 Billion Expansion at Gorgon LNGIndia Braces for a Steel Export Slump as Europe’s Carbon Tariff Takes HoldIndia Considers Expanding Coal Power Fleet by 2047Germany Scales Back Offshore Wind Auctions After Latest FlopWebinar: Medical gases are the ‘backbone’ of hospital infrastructureWebinar: Medical gases are the ‘backbone’ of hospital infrastructureScotland’s largest CCS project faces fresh uncertainty as partner considers saleScotland’s largest CCS project faces fresh uncertainty as partner exits: reportsOil Could be Significantly Impacted by USA-VEN TensionsSoudah Development And National Grid SA Partner On SAR 1.3 Billion Power Network For Soudah Peaks In Saudi ArabiaFuture Energy Leadership Summit Awards Shobit Rai for Excellence in Renewable Energy LeadershipCongress Reopens More of Alaska’s Arctic Refuge to Oil LeasingIndia Steps Up Purchases of Sanctions-Free Russian CrudeBasant Maheshwari Honoured for Leadership as Hasti India Expands in Green Energy & BESSVolkswagen Group Africa Expands Solar Power Capacity To 5.2 MWp With Completion Of Phase Two At Kariega PlantOffshore Floating Solar Study Shows LCOE Below $0.06/kWh In Thailand And Malaysia, Highlighting Major Global Deployment Potential – ReportPartners to establish CO2 logistics hub in StockholmUMC and Polar Semiconductor tie up to scale US chip productionOil Tanker Rates Skyrocket by 467% Amid Shipping ChaosU.S. Waiver Lets Lukoil Stations Abroad Keep Operating Despite SanctionsUS Extends Reprieve for Lukoil Fuel Stations Outside RussiaGorgon Stage 3 reaches financial closeUS Congress Repeals Biden-Era Limits on Oil and Gas in Alaska RefugeUS Natural Gas Futures Edge Up to 35-Month High on Cold Snap and Near-Record LNG Export FlowsBrazilian development bank gauges consultancy interest in uranium expansionFirst nuclear fuel delivered for Kudankulam unit 3Kansas site selected for underground reactor demoFurther delay in Finnish repository licence reviewOil Stable After Ukraine Strike on Russian Oil Pipeline Does Not Disrupt SupplyGlenfarne Finalizes 20-Year LNG Supply Deal With South Korea’s POSCOUS Congress Repeals Biden-Era Limits on Oil and Gas in Alaska RefugeOil Exports from Russian Black Sea Ports Dip on Attacks and StormsUS LNG Exports Will Shrink if Margin Squeeze Intensifies: BoussoUK Regulator Greenlights Massive $37 Billion Energy Grid OverhaulVår Energi Makes Oil Discovery Near Arctic Field in NorwayEdison to Invest $700 Million in Renewable Energy in ItalyArgentina Sees Greenlight for $20 Billion LNG Project in Mid-2026$5 Psychological Threshold Still a Relevant Driver for NatGasChevron to Spend up to $19 Billion Next Year in Focus on US, Guyana Oil ProductionAxpo and GNV complete first ship-to-ship bioLNG refuelling in ItalyTurkey Extends Gazprom Deal as It Accelerates LNG PivotExxonMobil Prepares to Permanently Close Singapore Petrochemical UnitUS LNG opportunities ‘lie beyond Permian basin’UK partners launch accelerator to boost early-stage SAF projectsAnalysts See ‘5-10 Years of Decent Growth’ for Oil DemandFlares Energy’s Harshal Satav Wins “Leaders Under 40” Honor at Future Energy Leadership Summit 2025Norway Abandons Deep Sea Mining PlansUK Unveils $11 Billion Clean Energy Plan to Turbocharge Wind, Solar, and StorageChina and India Ramp Up Thermal Coal Imports as Winter Demand LoomsOil and gas firms push back against EU CO2 storage rulesLEAPTING Recognized as the Customer’s Top Choice for Innovation in Solar Robotic Cleaning at FEL Summit 2025TCL Hosts Major Installer Workshop in Thailand, Strengthening Commitment to Local Solar EcosystemEurope to channel ETS revenues into clean techIndonesia’s Solar Push Gains Momentum As China Steps In To Fuel Renewable Energy ExpansionMauritania Advances Energy Transition with New 160 MW Solar Project as MSGBC Region Expands Renewable, Gas and Hydrogen InvestmentsIndia Launches First-Ever R&D Roadmap for Carbon Capture to Support Net Zero GoalsIEA Hosts Southeast Asia Energy Efficiency Training Week In Hanoi With ADB And Vietnam’s Ministry Of IndustryEgypt’s $15 Billion South Sinai Renewable Energy Project Set To Deliver 10 GW Clean PowerAir Liquide and Hyundai to set up key hydrogen hubs400+ Bilfinger Workers Support Strike ActionNLB Banka Sarajevo Secures EBRD Green Financing With EU Incentives To Drive Sustainable Living And Community GrowthADB Approves $50M Grant To Tajikistan For Green Jobs, Women-Led Enterprises, And Sustainable ReformsNEPC Approves 1,500 MW Community Solar Framework, Launching High-Speed Race for Project Readiness In ThailandTata Power Renewable Energy Teams Up With UCO Bank To Boost Rooftop Solar Adoption Across IndiaUK grid investment allocates £20m biomethane funding and aims to cut industrial billsUK grid investment allocates £20m biomethane funding and aims to cut industrial billsEx-Pornhub Owner Reportedly Interested In Lukoil AssetsRussia’s Druzhba Oil Flows Continue After Ukraine StrikePace Digitek’s Lineage Power Bags ₹997.10 Million Lithium Battery Storage Order, Boosting India’s Grid CapacityIndiGrid Signs ₹372-Crore Deal to Buy Gadag Transmission Project, Strengthening Renewable Grid NetworkCalifornia’s Power Shift: Solar Generation Doubles in Five Years as Natural Gas Output Declines Amid Peak-Day Battery Storage GainsLONGi Enters Energy Storage Market, Redefining Industry Standards with “Ultimate Safety”Citicore Renewable Energy Taps PHP 3.975-B Financing from BPI to Accelerate Utility-Scale Solar Expansion Aligned With Philippines’ Energy Transition GoalsADNOC in Talks to Buy SEFE Trading ArmNVVN Invites Bids For 2000 kW Solar Project At India Security Press, NashikDEWA Chief Meets New Bahrain Consul General to Strengthen Energy & Sustainability CooperationNVVN Issues Major Tender For 125 MW / 500 MWh BESS Project To Boost Grid Stability In ChhattisgarhUnion Environment Minister Stresses Clean Industrialisation as Key Driver of India’s Future CompetitivenessSJVN Invites Bids For 250 MW/500 MWh BESS Under VGF Scheme In Haryana
Sun. Dec 7th, 2025

US Energy Chief to Seek $20 Billion to Refill Oil Reserve, Bloomberg Reports

Wright told Bloomberg News in an interview that the initiative would restore holdings “just close to the top” to maintain efficient operating status.

“Ultimately that’s what it was built for — to have the maximum security for the American people,” Wright told Bloomberg.

Trump said last month that his administration would quickly fill up the Strategic Petroleum Reserve. He has criticized his predecessor, Joe Biden, for tapping the reserve to bring down the price of gasoline.

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