Tag: US

Energy, Oil & Gas

Largest US wind project SunZia goes live after 20 years

The $11bn SunZia wind farm and transmission line in New Mexico is now fully operational after nearly 20 years of development. The 3,650 MW project will power around 1 million homes across Arizona and California....

Energy, Oil & Gas

US invests $134m to strengthen rare earth supply chains

The US Department of Energy’s (DOE) Office of Critical Minerals and Energy Innovation announced $134 million for two projects that will strengthen domestic supply chains for rare earth elements (REEs)....

Energy, Oil & Gas

EU LNG imports fall, but reliance on US gas grows

European Union (EU) imports of liquefied natural gas (LNG) continued to decline in recent months, falling by 1.2 per cent between March and May 2026, according to a new analysis by the Institute for Energy Economics and Financial Analysis (IEEFA)....

Energy, Oil & Gas

Oil prices surge 2% over fading hopes for peace deal

Oil prices climbed more than 2% on Monday as investors reassessed expectations for a breakthrough in US-Iran negotiations, with renewed regional tensions highlighting the fragility of efforts to secure a broader peace agreement and restore stability to Middle East energy supplies. ...

Energy, Oil & Gas

US targets Iran's energy lifeline with fresh sanctions

The United States has announced new sanctions on Iranian oil and petrochemical networks, the latest move in its 'maximum pressure' strategy to curb the country's key sources of income and limit funding for its military operations, said a report....

Energy, Oil & Gas

STATS Group expands US footprint with new Texas manufacturing facility

STATS Group has announced a major expansion of its North American operations with the opening of a new 80,000 sq. ft manufacturing facility in Rosenberg, Texas — its first dedicated production site in the US and the largest capital investment in the company’s history....

Energy, Oil & Gas

Mubadala, Kimmeridge, CPP seal $9.7bn US gas plant investment deal

Abu Dhabi-based Mubadala Energy has announced that it has made a final investment decision with Kimmeridge and Canada Pension Plan (CPP) for its Commonwealth LNG project that includes successful closing of $9.75 billion in project financing for construction of the 9.5 Mtpa gas export facility in Louisiana, US. ...

Energy, Oil & Gas

Europe to source two-thirds of its LNG imports from US in 2026

Europe is increasing reliance on US LNG, projected to supply two-thirds of imports in 2026, potentially becoming the EU’s main and costliest gas source amid shifting global supply, according to Institute for Energy Economics and Financial Analysis (IEEFA)....

Energy, Oil & Gas

High fuel prices drive surge in global EV sales

Benchmark Mineral Intelligence reported 1.60 million global EV sales in April 2026, up 6 per cent year-on-year but down 9 per cent month-on-month, driven by policy support, high petrol prices and Chinese OEM growth. ...

Energy, Oil & Gas

US breaks energy production record in 2025 with 3.4pc increase: EIA

Total energy production in the US increased to a new record of 107 quadrillion British thermal units (quads) in 2025, a 3.4 per cent increase from the previous record set in 2024, according to new data in the US Energy Information Administration (EIA) Monthly Energy Review....

Energy, Oil & Gas

Brent crude tops $125 a barrel as no end seen for blockades

Oil prices continued to climb on Thursday with no sign of easing, as markets priced in a prolonged supply squeeze from the Middle East following stalled negotiations and firm signals from Donald Trump that the blockade on Iran will remain in place....