Tag Archives: United States of America

Trade in Russian crude loading for Asia in March has come to a screeching halt as tanker rates are soaring and shippers are scrambling for non-sanctioned vessels following the latest U.S. sanctions on Russia’s oil supply, Reuters reports, citing shipping data and trade sources. The Biden Administration’s farewell sanctions on …

President Donald Trump has been busy reversing the Biden administration’s so-called climate policies from the moment he was sworn in. He declared a national energy emergency, revoked the Biden ban on new LNG export capacity, and suspended some $300 billion in funding for transition projects in the country. With that, …

Donald Trump wants EU countries to buy more US-shipped gas. There are reasons for Europeans to consider taking the bait, but each comes at a price. At first glance, US supply and European demand for liquified natural gas seem like a match made in heaven. “We still get a lot …

In classic Trump fashion, the President declared at the World Economic Forum in Davos, “Nothing can destroy coal. Not the weather, not a bomb. It’s a great backup.” These words, delivered with signature bravado, sent a warm glow through U.S. coal producers—along with a noticeable bump in their stock prices. …

The world’s biggest crude oil exporter, Saudi Aramco, bought this week its first cargo of U.S. WTI Midland, the crude grade which is now part of the dated Brent benchmark, S&P Global Commodity Insights told Reuters. The Saudi oil giant, which is also the world’s biggest oil company, bought the …

JERA, the largest LNG buyer in Japan, plans to boost purchases from the United States to diversify its supply portfolio, a top company executive told Reuters on Friday. Japan, the world’s second-largest LNG importer after China, is looking to increase its energy security with diverse sources of supply and could …

Despite President Trump’s “drill, baby, drill” policies, it will be oil prices and Wall Street that will determine how much U.S. oil production will grow in the near term, shale investors and executives say. President Trump signed on his first day in office an executive order to unleash America’s energy …

Additional purchases of U.S. LNG from the European Union would help ease the tightness in global natural gas markets and reduce consumer and industry prices in Germany, Michael Lewis, chief executive at German energy giant Uniper, told Reuters on Wednesday. Earlier this week, U.S. President Donald Trump urged the EU, …

Bitcoin hit record highs on Monday, as President- Donald Trump, and First Lady-again Melania Trump launched their meme coins, days ahead of the inauguration. The cryptocurrency leader reached above $108,000(£88,668) for the first time ever on Monday morning, ahead of Trump’s official return to office. Susannah Streeter, head of money …

U.S. President Donald Trump revoked offshore oil and gas leasing bans that effectively blocked drilling in most U.S. coastal waters as he made sweeping moves his first hours in office to unleash American energy development. Trump’s move came as part of a broad assault on executive orders issued by former …