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Crude Oil
US to Top Up Strategic Oil Reserve With 77 Mln Barrels
The Trump administration cancelled plans to sell off a portion of the country's emergency oil reserves earlier this month as OPEC+'s failure to reach an agreeme…
Oil Price
US Seeks $3 Billion to Boost Oil Producers as Prices Plunge
The Trump administration said Thursday that it is seeking $3 billion from Congress to top up the country’s strategic petroleum reserves, potentially propping u…
U.S. to Spend $50 Billion, Buy Oil Amid Virus Economic Pain
With the economy reeling, United States President Donald Trump on Friday, March 13, declared a national emergency to stem the damage from the coronavirus, unloc…
Oil&Gas Drilling
Arctic Oil Drilling Plan Coming Soon, U.S. Interior Chief Says
The Trump administration is moving to sell drilling rights in the Arctic National Wildlife Refuge, Interior Secretary David Bernhardt said Saturday.
Nuclear Fuel
Trump's Nevada Play Leaves Nation's Nuclear Waste in Limbo
President Donald Trump is seeking to woo Nevada voters by abandoning the GOP’s decades of support for storing the nation’s nuclear waste under a mountain nort…
Oil & Gas Trade
US Slaps Sanctions on Russian Oil Company Trading with Venezuela
The Trump administration Tuesday imposed economic sanctions on Rosneft Trading SA, a Geneva-based subsidiary of Russia’s state-owned oil giant, charging it wit…
Trump's Agriculture Department Announces 30% Biofuel Goal for 2050
The U.S. Department of Agriculture on Thursday announced a goal for biofuels to make up 30% of U.S. transportation fuels by 2050, a move that could bolster an i…
US budget Request includes USD150 million for Uranium Reserve
The US Administration's 2021 budget request unveiled yesterday by President Donald Trump includes USD150 million to set up a uranium reserve to address challeng…
Nuclear a Major Focus in Trump’s Latest Budget Request—and 8 Other Takeaways
Yucca Mountain, the 1987 Congressionally appointed deep geologic repository for spent nuclear fuel (SNF), may be officially dead; transmission assets held by th…
Oil&Gas Drilling
Virginia Lawmakers Vote to Block Offshore Drilling in Rebuke to Trump Plan
Virginia lawmakers on Tuesday passed a bill to block future oil and gas development off the state's coastline, reflecting opposition to the Trump administration…
New Trump Administration Rule Complicates Efficiency Standards
Energy efficiency standards for facility equipment, such as commercial air conditioners and lighting, is the “top US policy for saving energy in buildings,” s…
Coal Power
U.S. Coal-fired Power Plants Closing Fast Despite Trump's Efforts to The Industry
U.S. coal-fired power plants shut down at the second-fastest pace on record in 2019, despite President Donald Trump’s efforts to prop up the industry, accordin…
Energy Storage Battery
Trump Administration Halved Import Tariffs on Batteries Manufactured in China
The tariff on batteries, just part of $300 billion in Chinese goods targeted by the White House last year, will fall from 15 percent to 7.5 percent, effective F…
Oil&Gas Drilling
Trump Administration Grants Chevron License to Keep Drilling in Venezuela
The Department of Treasury is allowing Chevron, along with four other U.S. service suppliers, to continue operating in Venezuela despite U.S. sanctions.
Oil & Gas Trade
India May Significantly Boost U.S. Oil Imports
India and the United States will discuss India’s energy security and the Asian country buying increased volumes of U.S. crude oil when U.S. President Donald Tr…
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