Tag Archives: United States of America

The U.S. is increasing pressure on Hungary to cut off its reliance on Russian oil imports and vows to work with Hungarian authorities and neighboring countries to help Budapest wean off Russian supply, a senior U.S. diplomat says. Matthew Whitaker, the U.S. Ambassador to NATO, rejected in a Fox News …

The United States has long used hydropower, which is now the country’s largest source of renewable energy, for electricity production. Hydropower contributed 27 percent of total U.S. utility-scale renewable electricity generation and 5.86 percent of total utility-scale electricity production in 2024. The U.S. first started developing its hydropower fleet in …

A joint venture between BP and Japan’s JERA has decided to pull the plug on a major offshore wind project in the United States, citing soaring costs and a change in federal policies. JERA Nex BP said inflation had also motivated its decision, which would see its U.S. workforce laid …

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 …

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 …

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 …

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 …

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 …

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 …

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 …