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 …
Read More »Turkey Taps U.S., European, Asian Suppliers for 15 Bcm LNG
Turkey’s state gas company BOTAS has locked in 15 billion cubic metres of liquefied natural gas (LNG) through new contracts with eight global suppliers, in a concerted effort to expand its energy portfolio and curb dependence on pipelines from Russia, Azerbaijan and Iran. Announced at the Gastech 2025 conference in …
Read More »EIA Reports Significant Build in U.S. Crude Stockpiles
Crude oil inventories in the United States increased by 3.9 million barrels during the week ending September 5, after falling 2.4 million barrels in the week prior, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The build brings commercial stockpiles to 424.6 million barrels …
Read More »Armenia Prepares for U.S. Talks on Landmark Transit Corridor to Azerbaijan
Reports are circulating in Armenia that a US delegation will soon travel to Yerevan to work out the details of a transit corridor that is a key element of the provisional Armenian-Azerbaijani peace deal brokered by US President Donald Trump. Armenian news accounts, citing “well-informed government sources,” say the US …
Read More »EU and U.S. Plan Coordinated Action on Russian Oil
The EU is weighing options to impose fresh sanctions on Russia’s oil industry and exports by sanctioning major energy firms and erecting more barriers to Russian oil trade, sources with knowledge of the plans told Bloomberg on Monday. EU officials are set to travel to Washington this week to discuss …
Read More »Top Indian Refiner Snubs U.S. Oil in Latest Tender
India’s top refiner, Indian Oil Corporation Ltd (IndianOil), has forgone buying U.S. crude at this week’s tender, instead opting for Middle Eastern and West African crude, sources in the oil trade industry told Reuters on Friday. At the previous tender last week, IOC bought as many as 5 million barrels …
Read More »Trump Accuses China of Conspiring with Russia and North Korea against the US
U.S. President Donald Trump said that Chinese President Xi Jinping is conspiring with Russia’s Vladimir Putin and North Korea’s Kim Jong Un against the United States as the three leaders put up a united front at a Beijing military parade in what observers see as a show of strength defying …
Read More »Gulf Countries Respond to U.S. Trade Pressure with Trillion Dollar Plans
Over the past decade, the Gulf Cooperation Council (GCC), comprising Saudi Arabia, Qatar, the UAE, Bahrain, Kuwait, and Oman, has advanced bold strategies to reshape its economies by reducing reliance on oil while developing new sectors like renewable energy, tourism, financial services, and digital innovation. Charting a course toward long-term …
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