US Regulators Greenlight Construction of Venture Global CP2 LNG Plant, Again
The Federal Energy Regulatory Commission gave Venture Global permission, again, to proceed with the construction of its Calcasieu Pass 2 LNG project in Louisiana.
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Trump to Sign Nuclear Power Orders Energy Chief Wright Says
May 23 (Reuters) – U.S. Energy Secretary Chris Wright said that President Donald Trump will sign executive orders on Friday aimed at boosting nuclear power. Reuters reported on Thursday that Trump would sign orders that aim to jumpstart the nuclear energy industry by easing the regulatory process on approvals for new reactors and strengthening fuel …
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BlackRock Says Coal Competition Case Risks US Energy Independence
By Simon Jessop LONDON, May 23 (Reuters) – U.S. government support for a “baseless” case alleging asset managers conspired to reduce competition in the coal sector risks undermining its goal of energy independence, BlackRock (BLK.N), the world’s biggest asset manager, said on Friday. The U.S. Department of Justice and Federal Trade Commission on Thursday filed …
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Trump Seeks to Fast-Track New Nuclear Licenses, Overhaul Regulatory Agency
U.S. President Donald Trump ordered the nation’s independent nuclear regulatory commission to cut down on regulations and fast-track new licenses for reactors and power plants.
Exxon, Hess to Face Off Over Chevron Deal for Oilfield Riches
By Sheila Dang Arbitration tribunal under ICC to analyze dispute in confidential hearing in London Chevron acquisition of Hess hangs in the balance Resolution expected by end of third quarter, faster than typical ICC arbitration HOUSTON, May 23 (Reuters) – Top U.S. oil producer Exxon Mobil (XOM.N) and Hess (HES.N) will meet face-to-face on Monday …
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Nuclear Stocks Surge After Trump Signs Orders to Boost Industry
Shares of nuclear power companies surged after U.S. President Donald Trump signed executive orders seeking to cut down on industry regulations and fast-track new licenses for reactors and power plants.
A 4-YEAR LOW – US Drillers Cut Oil, Gas Rigs to Lowest Since November 2021, Baker Hughes Says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fourth week in a row, bringing the count to the lowest since November 2021, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future …
US Natgas Prices Climb 2% on Lower Output, Hot Summer Forecasts
U.S. natural gas futures climbed about 2% on Friday ahead of the long U.S. Memorial Day holiday weekend on a drop in output so far this month and forecasts for hotter-than-normal weather this summer that should boost the amount of gas power generators burn to keep air conditioners humming. Gas futures for June delivery on …
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Energy Transition in Motion (Week of May 23, 2025)
Here is a look at some of this week’s renewable energy news, including the world’s first flow battery power system for gas operations.
Initial Connection: Energy Transfer on Powering CloudBurst’s Texas Data Hub
Energy Transfer Co-CEO Mackie McCrea tells the story behind one of the first deals to supply natural gas to a data center.