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US Plans Alaska LNG Summit, Urges Japan, South Korea to Support Project, Source Says

(Reuters) – President Donald Trump’s energy security council plans to host a summit in Alaska in early June, when it hopes Japanese and South Korean officials will announce commitments to the Alaska LNG project, a source familiar with the matter said on Thursday. Trump has touted the $44 billion Alaska liquefied natural gas project, which …

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National Bank’s CEO Rails Against Red Tape for Energy Projects

By Christine Dobby Laurent Ferreira. Photographer: Neal Rockwell/Bloomberg National Bank of Canada’s chief executive officer called for a “complete overhaul” of the country’s economic and industrial policies just days before Canadians are set to vote in the federal election. Laurent Ferreira, who has led the Montreal-based bank since 2021, said Thursday that the biggest risk …

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US Aims to Boost Offshore Oil Drilling by Easing Pressure Rules

(Reuters) – The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it expects can boost U.S. oil output. President Donald Trump’s new Energy Dominance Council led by Interior Secretary Doug Burgum is looking …

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