#oilprice.com. × EU Raw Materials Plan Faces Long Odds Against Global Power Moves | OilPrice.com. While global powers like China and the USA are aggressively pursuing critical minerals, the EU Commission in Brussels is taking a different approach.
#Mar.27.2025
#oilprice.com. × China Climate Envoy Calls Transition “Irreversible” | OilPrice.com. China asserts that the global energy transition is irreversible and will proceed despite the United States' withdrawal from the Paris Agreement, citing continued commitment from other nations, market f
#Mar.27.2025
#oilprice.com. × U.S. Files Lawsuit for the Forfeiture of $47 Million in Iranian Oil Proceeds | OilPrice.com. The U.S. Department of Justice has filed a lawsuit seeking the forfeiture of $47 million from the sale of Iranian oil, claiming the proceeds benefited terrorist organizations.
#Mar.27.2025
#oilprice.com. × Venture Global Ready for Official Launch of Calcasieu Pass LNG | OilPrice.com. After years of selling liquefied natural gas on the spot market, Venture Global’s Calcasieu Pass LNG plant is ready to begin operation officially
#Mar.26.2025
#oilprice.com. × Russia Not Releasing Details of Talks with the U.S. on Ukraine | OilPrice.com. Russia on Tuesday said that it would not make public details of the 12 hours of talks with the U.S. on Ukraine which ended on Monday amid expectations that a joint U.S.-Russia statement would be issued
#Mar.25.2025
#oilprice.com. × Iran Oil Tankers Evading Sanctions with False Iraqi Paperwork | OilPrice.com. Iranian oil tankers seized by U.S. forces in the Gulf were using forged Iraqi documents, Iraq's oil minister Hayan Abdel-Ghani has reported
#Mar.24.2025
#oilprice.com. × Trump: 25% Tariff On Anyone Who Buys Venezuelan Oil & Gas | OilPrice.com. U.S. President Donald Trump has announced that any country that buys oil or gas from Venezuela will pay a 25% secondary tariff on trades with the United States
#Mar.24.2025
#oilprice.com. × Indonesia’s $20-Billion Energy Transition Deal Will Survive Without the U.S. | OilPrice.com. Indonesia is proceeding with its $20 billion Just Energy Transition Partnership (JETP) to shift away from coal, despite the United States' withdrawal from international climate agreements.
#Mar.24.2025
#oilprice.com. × U.S.-German Startup Plans to Build Fusion Plant in Germany | OilPrice.com. Focused Energy, a U.S.-German startup, has signed a preliminary agreement with RWE and the state of Hessen to construct a laser-driven fusion research and development facility at the former Biblis nucl
#Mar.24.2025
#oilprice.com. × Iraq Plans Gas Import Terminals Amid Tighter U.S. Sanctions on Iran | OilPrice.com. Iraq is negotiating the procurement of two floating regasification terminals to replace natural gas supply from Iran, following the U.S. government's decision not to extend sanctions waivers and its re
#Mar.24.2025
#oilprice.com. × United States Challenges China’s Mineral Dominance | OilPrice.com. The United States is actively disrupting China’s dominance in critical minerals through strategic deals, blocked acquisitions, and domestic production initiatives in the Democratic Republic of Congo an
#Mar.21.2025
#oilprice.com. × New Mexico Gambles on Higher Royalties as Oil Prices Tank | OilPrice.com. New Mexico legislators have passed a bill increasing the maximum royalty rate on oil and gas leases from 20% to 25%, a decision that has raised concerns among oil producers given the current low oil pr
#Mar.21.2025
#oilprice.com. × Trump Invokes Wartime Powers to Boost U.S. Critical Minerals Output | OilPrice.com. President Trump invoked emergency powers under the Defense Production Act to increase U.S. critical minerals production, aiming to reduce reliance on foreign powers.
#Mar.21.2025
#oilprice.com. × U.S. Firm Backed by Gates and Bezos Seeks Congo Lithium Exploration | OilPrice.com. KoBold Metals, backed by Bill Gates and Jeff Bezos, is seeking to develop a large hard rock lithium deposit in the Democratic Republic of Congo, amidst ongoing legal disputes and the country's pursuit
#Mar.21.2025
#oilprice.com. × Turkey Given U.S. Sanctions Waiver Extension to Pay for Russian Gas | OilPrice.com. Turkey has received a three-month extension of the U.S. sanctions waiver, allowing it to continue paying for Russian natural gas imports through the sanctioned Gazprombank.
#Mar.20.2025
#oilprice.com. × U.S. Natural Gas Prices Tank on Inventory Build, Lower Demand | OilPrice.com. U.S. natural gas prices fell on Thursday after the EIA reported a larger-than-expected inventory build coupled with forecasts for milder weather and less demand next week
#Mar.20.2025
#oilprice.com. × Taiwan Signs Up for Alaska LNG Export Project | OilPrice.com. Taiwan's CPC Corporation has signed a letter of intent to invest in and purchase LNG from the Alaska LNG export project, aiming to enhance its energy security and diversify its gas supply.
#Mar.20.2025
#oilprice.com. × Germany and France Seek More Flexible EU Gas Refill Targets | OilPrice.com. Germany and France, along with other EU member states, are advocating for more flexibility in the bloc's 90% gas storage target to mitigate price spikes and market speculation.
#Mar.20.2025
#oilprice.com. × Trump May Extend Chevron’s Venezuela License | OilPrice.com. President Trump is considering extending Chevron's sanction waiver for Venezuela, which he previously allowed to lapse, amidst concerns about China's growing influence in the country's oil industry and
#Mar.20.2025
#oilprice.com. × Oil Industry Presses Trump for Faster Permitting | OilPrice.com. Oil executives meeting with President Trump prioritized discussions about faster permitting for new projects, avoiding talks about oil prices, which Trump wants lower, contrary to the industry's intere
#Mar.20.2025
#oilprice.com. × Federal Judge Blocks EPA’s Suspension of $20 Billion in Climate Finance | OilPrice.com. A federal judge has blocked the Environmental Protection Agency's attempt to cancel $20 billion in energy transition funding, freezing access for both the EPA and the intended beneficiaries.
#Mar.19.2025
#oilprice.com. × State Oil Firm PDVSA to Take Over Chevron Operations in Venezuela | OilPrice.com. PDVSA will continue producing crude oil alone from its joint ventures with Chevron after the Trump Administration revoked the U.S. supermajor's license to operate in Venezuela.
#Mar.18.2025
#oilprice.com. × Chevron Buys 5% in Hess, Signals Merger Going as Planned | OilPrice.com. Chevron has purchased a 4.99% stake in Hess Corp for $3.2 billion, expressing confidence that its planned acquisition will proceed despite ExxonMobil's efforts to block the deal through arbitration ove
#Mar.18.2025
#oilprice.com. × Trump Talks To End Ukraine War Involve Power Plants | OilPrice.com. U.S. President Donald Trump will speak to Russia's Vladimir Putin on Tuesday about ending the Ukraine war, with territorial concessions in Ukraine as well as control of the Zaporizhzhia nuclear power p
#Mar.17.2025
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