Tag Archives: United States of America

United States President Donald Trump announced plans in July to tighten federal permitting to restrict solar and wind energy development. This follows the passing on Trump’s One Big Beautiful Bill Act, which seeks to expand the fossil fuel and nuclear power sectors while also halting renewable energy progress in the …

Iraq emerged as the second-largest supplier of crude oil to the United States last week, according to data released Sunday by the US Energy Information Administration (EIA). The EIA report showed that total US crude oil imports from nine key countries averaged 5.351 million barrels per day (bpd) during the …

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday as operators continue to scale back activity amid weak prices and cautious capital spending. The total rig count in the US fell …

Oil prices continued to move higher on Friday morning in Asia, supported by renewed optimism surrounding U.S.-EU trade negotiations and expectations that Russia will restrict gasoline exports. Even reports of Chevron’s return to Venezuela, which analysts estimate could add around 200,000 barrels per day to global supply, have been unable …

U.S. refiners are reassessing Latin American crude sourcing strategies after President Donald Trump’s administration granted Chevron the authority to resume and expand operations in Venezuela, signaling a shift in sanctions enforcement that could revive heavy crude flows to Gulf Coast plants. The change follows more than a year of tightened …

Lower demand for crude oil from refiners at home gave a boost to U.S. exports of the commodity, turning it into a net exporter to OPEC member Nigeria in two of the seven months since the start of this year. The news comes from the U.S. Energy Information Administration, which …

U.S. exports of crude oil, liquefied natural gas, and coal reached a total of zero last month amid the continuing trade war that had China impose retaliatory tariffs on these U.S. commodities, which led to a slump in purchases. In liquefied natural gas, Chinese buyers have been at zero since …

Oil prices drifted lower early Tuesday in Asian markets, weighed down by escalating trade tensions between the world’s largest economies and mounting signs of rising crude supply. The looming threat of an economic slowdown with the potential to curb fuel demand growth is driving bearish sentiment. At the time of …

U.S. solar manufacturers have filed a formal trade petition seeking new anti-dumping and countervailing duties on solar panel imports from India, Indonesia, and Laos, citing sharp price undercutting and rapid volume growth. The petition, submitted Tuesday to the U.S. International Trade Commission (ITC), alleges that imports from India and Indonesia …

Indonesia will buy billions of U.S. dollars worth of American oil and oil products if the U.S. tariffs on Indonesian goods are lowered, Indonesia’s Energy Minister Bahlil Lahadalia said on Monday. Indonesia could scrap plans to import energy commodities from the United States if the Trump Administration refuses to lower …