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‘The Corrupt Solar Project’: Key US Bribery Charges Against Adani and What’s Next

Latest, Renewable Energy, Solar, US News / By

NEW DELHI, Nov 21 (Reuters) – Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for conspiring with executives of a formerly New York listed company to devise a $265 million scheme to bribe Indian officials to boost their solar energy business. Adani Group denied the allegations as “baseless”, while Indian government officials haven’t …

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US Natgas Producers Chase AI-Driven Surge in Power Demand to Weather Low Prices

Conventional Energy, Latest, Natural Gas, US News / By

By Mrinalika Roy Nov 21 (Reuters) – Shale gas producers in the U.S. Permian Basin are sounding out data-center operators building up capacity to power a boom in AI applications, aiming to ease the pressure from a nearly two-year slump in the prices of the commodity. Devon Energy (DVN.N), Expand Energy (EXE.O), Diamondback Energy (FANG.O), …

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Trump 2.0 Won’t Reverse Biden’s Critical Minerals Push

Critical Minerals, Energy Topics & Technology, Latest, US News / By

By Andy Home LONDON, Nov 21 (Reuters) – Donald Trump has described the Inflation Reduction Act (IRA) as a “green scam” and vowed to repeal it after he returns to the White House in January. This is bad news for sectors such as electric vehicles (EV) and wind power, which have been major recipients of …

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COMMENTARY: Why I Strongly Support Chris Wright for Secretary of Energy – Alex Epstein

Latest, US News / By

An in-depth interview I did about Liberty Energy CEO Chris Wright, who was recently nominated for Secretary of Energy. By Alex Epstein For the last several months, whenever I was asked who should be the next Secretary of Energy, I emphatically answered: Chris Wright! So I was thrilled when Chris was nominated last Saturday for …

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China’s Surging LNG Imports From US Threatened by Next Trade War

Conventional Energy, Latest, LNG, US News / By

Chinese buyers to take 14 million tons starting from 2026 American gas exports to China halted for much of 2019 The US has boosted sales of liquefied natural gas to China this year, although the surge may not last if the incoming Trump administration collides with Beijing over trade. China imported 63% more of the super-chilled fuel …

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Europe and U.S. Push for Oil-Funding Curbs Deal to Outlast Trump

Conventional Energy, Latest, LNG, Natural Gas, Oil, US News / By

.Korea and Turkey have opposed a deal during OECD’s Paris talks EU, US working to finalize deal this week on financing cuts The EU, US and other countries are hammering out a plan to throttle tens of billions of dollars of financial support for foreign oil and gas projects, weeks before President-elect Donald Trump moves into the …

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Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion

Conventional Energy, Latest, LNG, US News / By

Eight claims center on gas exporter’s spot sales, plant build Company has signaled plans to go public amid customer disputes Pending arbitration claims against liquefied natural gas exporter Venture Global LNG Inc. from several of its customers have grown to nearly $6 billion, according to a bond document seen by Bloomberg. Claims in cases by eight separate …

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Container Shippers Hedging Green Transition with Dual-Fuel Vessel Orders

CDN and International News, Diesel Fuel, Energy Topics & Technology, Latest, Natural Gas, Oil / By

Summary Container shipping firms are at the vanguard of the green push Order books reflect uncertainty over supplies of cleaner fuels Dual-fuel LNG ships make up the bulk of container ship orders Shippers invest in other green fuels like methanol, ammonia, hydrogen LOS ANGELES, Nov 21 (Reuters) – Container shipping companies like Maersk , CMA …

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Northvolt Hires Restructuring Expert to Oversee its Main Factory

Batteries, CDN and International News, Electric Vehicles, Energy Topics & Technology, Latest / By

Several investors have already dropped out of Northvolt’s rescue talks Bloomberg News Sweden’s Northvolt AB hired restructuring expert Paul O’Donnell to oversee its main factory unit, as time runs short for the struggling battery maker to mend its finances outside of bankruptcy court. O’Donnell, who has helped Thames Water engage with creditors, will become chairman of Northvolt …

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