An auto supplier that manufactures electrified propulsion systems, among others, has closed a factory in Detroit because of the drop in demand for electric vehicles. In a statement cited by CBS, Dana Inc. said that the closure decision was the result of an “unexpected and immediate reduction in customer orders …
Read More »Japan Pushes Back on U.S. Pressure to Halt Russian Energy Imports
Japan will base any decisions about energy imports on its national interests, the country’s trade minister Yoji Muto has said, following suggestions from the Trump administration that Japan suspends all purchases of Russian oil and gas. “Since the invasion of Ukraine, Japan has been steadily reducing its dependence on Russian …
Read More »U.S. Oil Growth Shifts from Shale to Gulf
For over a decade, the shale patch has been the engine behind U.S. oil production growth. Now, the pattern is shifting to offshore oil amid tech advances and maturing shale reservoirs—with the help of a pro-oil federal government. Earlier this year, the Energy Information Administration said it expected oil output …
Read More »IEA Slashes U.S. Renewables Growth Forecast due to Trump Policies
Growth in U.S. renewable capacity additions will be 45% lower than previously expected, due to the Trump Administration’s raid on clean energy incentives and permitting, according to the International Energy Agency (IEA). In its annual Renewables 2025 report out on Tuesday, the agency slashed its growth forecasts for clean energy …
Read More »India Eyes Long-Term U.S. LPG Supply
India’s biggest state-owned oil companies seek long-term supply of liquefied petroleum gas (LPG) from the United States for the first time, according to tender documents Bloomberg has reviewed. Indian Oil Corporation, Bharat Petroleum Corporation Limited (BPRL), and Hindustan Petroleum Corporation Limited (HPCL) are seeking long-term deals with the U.S. for …
Read More »EIA Data Shows Record U.S. Oil Output after Major Upward Revision
The U.S. Energy Information Administration just delivered a statistical shock: July’s monthly data shows U.S. total liquids output hitting a record 21.218 million barrels per day, nearly 500,000 bpd higher than the agency’s weekly estimates had implied. Crude production came in at 13.642 million bpd, with natural gas liquids at …
Read More »How Trump’s Coal Revival could Make Electricity more Expensive
While much of the world is looking to phase out its coal production, United States President Donald Trump has put coal back on the energy agenda, with big plans to reinvigorate ageing coal facilities. Despite concerns over the impact of ongoing coal use on human health and the environment, Trump …
Read More »U.S. Presses India: Cut Russian Oil Imports or Watch Trade Deal Slip away
Washington is making it clear to New Delhi: any path forward on a U.S.–India trade deal runs through Russia’s oil fields. In recent talks, U.S. trade negotiators told Indian counterparts that curbing purchases of Russian crude is critical to lowering America’s punitive tariffs and unlocking a deal, sources told Reuters …
Read More »Natural Gas is America’s Secret Weapon in the AI Power Race
Top natural gas producers and pipeline operators expect the industry and various U.S. states to accelerate approval and development of natural gas infrastructure in the new normal American electricity market of rising demand and consumer bills. American ratepayers have seen electricity prices rising at a faster pace than U.S. inflation …
Read More »The U.K. and U.S. Have Big Plans for Small Modular Nuclear Reactors
As U.S. President Donald Trump and U.K. Prime Minister Kier Starmer meet on the president’s second official visit to Britain this term, nuclear power is one of the energy topics expected to be addressed. Both countries are pursuing a new era of nuclear power, after several decades of stagnation, investing …
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