Bid

Geothermal Power Plant

Tanzania Identifies 52 Areas to Generate Geothermal Power

​The government of Tanzania has vowed to generate an additional 200MW from geothermal by 2025 in a bid to diversify its electricity mix.

Nuclear Power Plant

Biden Admin Launches $6 Billion Nuclear Power Credit Program

The Biden administration on Tuesday opened applications for a $6 billion program to help nuclear power plants struggling with rising costs as it seeks to stop t…

Crude Oil

U.S. to Resume Oil, Gas Drilling on Public Land Despite Biden Campaign Pledge

The Biden administration on Friday said it has resumed plans for oil and gas development on federal lands, a move that could break a pledge Joe Biden made while…

Brazil

Shell and TotalEnergies Win Fresh Exploration Blocks Offshore Brazil

Oil majors Shell and TotalEnergies have secured six and two offshore exploration blocks, respectively, in the Santos basin offshore Brazil as part of the countr…

Hydrogen Production

Shell, Uniper Partner on UK Low-Carbon Hydrogen Facility

German utility Uniper and Shell will team up to jointly produce low-carbon hydrogen at a Uniper power station in Britain in a bid to boost use of the fuel and c…

United Kingdom

UK Targets More Nuclear, Wind Power — and Fossil Fuels — in Bid for Energy Security

The U.K. government has revealed details of its long awaited, “bold” energy security strategy, but critics have derided its inclusion of fossil fuels and what…

Oil Price

How Biden’s Huge Strategic Oil Release Could Backfire

President Biden’s huge SPR release announcement has pushed WTI prices back below $100.

Oil Price

Biden’s Top Economic Advisor Says Restarting the Keystone XL Pipeline Now Won’t Lower Oil Prices

President Joe Biden’s top economic advisor suggested Friday the White House is not rethinking its decision to cancel the controversial Keystone XL oil pipeline…

Electric Car

Biden Invokes Defense Production Act to Boost Mineral Production for Renewable Energy, EVs

Facing higher oil prices after Russia’s invasion of Ukraine, President Joe Biden will invoke the Defense Production Act this week to increase the mining of cri…

Crude Oil

U.S. Issues Formal Notice of Record Sale of Oil From Reserve

The U.S. Energy Department formally outlined a sale of oil from emergency reserves on Friday, a day after President Joe Biden announced the largest release ever…

Oil Price

U.S. to Release 1 Million Barrels of Oil Per Day From Reserves to Help Cut Gas Prices

The Biden administration on Thursday said the U.S. will release 1 million barrels of oil per day from reserves.

Joe Biden

Japan Will Act Appropriately on Oil Reserves Release

Japan will act appropriately on oil reserves release while closely watching global developments, the industry minister said on Friday, ahead of a meeting by Int…

Electric Vehicle Battery

Biden to Invoke Defense Production Act for Electric Vehicle Battery Materials

President Joe Biden will invoke the Defense Production Act to encourage domestic production of minerals required to make batteries for electric vehicles and lon…

LNG

U.S. Agrees to Ramp Up LNG Exports to Europe, Actively Reduce Natural Gas Demand

The Biden administration and the European Commission launched a multi-pronged effort that will dramatically ramp up U.S. liquefied natural gas (LNG) exports to …

Joe Biden

Biden Will Give Remarks on Thursday on Efforts to Lower Gas Prices

President Joe Biden will give remarks on Thursday on his administration's actions to reduce gasoline prices in the United States.