The U.S. Department of Energy said on Wednesday that it has extended a permit for exports of liquefied natural gas from a Golden Pass LNG LLC project jointly owned by QatarEnergy and ExxonMobil being built in Texas. The approval will grant additional time to begin LNG exports to large markets in Asia and Europe from the...
Author: Reuters
South Korea and US to form working group on Alaska LNG project, tariffs
South Korea and the United States have agreed to establish a working-level group to discuss a gas pipeline project in Alaska, energy, shipbuilding, tariffs and non-tariff barriers, South Korea’s Industry Minister Ahn Duk-geun said on Tuesday. The United States has asked South Korea and other countries if they are interested in participating in an Alaskan...
Orlen and Equinor agree to develop carbon capture projects
Polish refiner Orlen (PKN.WA) and Norway’s Equinor (EQNR.OL) signed on Monday a memorandum of understanding (MoU) on the development of carbon capture and storage (CCS) projects. The documents were signed by Irene Rummelhoff – Executive Vice President at Equinor, and Wieslaw Prugar, Orlen management board member in charge of upstream. Under the memorandum, Orlen and Equinor will...
China ‘green’ jet fuel plants push back start-up amid lack of policy
Several Chinese builders of sustainable aviation fuel (SAF) plants are postponing start up as a lack of government policy guidance restrains them from marketing the fuel domestically or exporting it. Reuters reported last May that companies were investing more than $1 billion to build China’s first plants to turn waste cooking oil into aviation fuel for...
King coal to stay top in India despite big clean power pipeline
India has the second-largest clean power capacity development pipeline globally after China, with nearly 56,000 megawatts of new renewables, hydro and nuclear capacity under construction. Clean energy sources account for two-thirds of the all the new power capacity under development in India, according to Global Energy Monitor (GEM) data, and will result in a 35%...
Trump seeks to reshape Asia’s energy supplies with US gas
When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how Tokyo could help realise a decades-old proposal to unlock gas in Alaska and ship it to U.S. allies in Asia. Trump and his energy tsar Doug Burgum framed the venture as a way for Japan to replace Middle...
US paper industry asks Trump to seek lighter EU deforestation rules
The U.S. paper and pulp industry is lobbying President Donald Trump’s administration to ask the EU to declare the United States deforestation-free, a step that could make it easier for exporters to meet the bloc’s new environmental rules. From December, the European Union’s anti-deforestation policy will ban imports of commodities linked to forest destruction. Brussels already delayed the...
US senators reintroduce bill to allow year-round, nationwide E15 sales
U.S. senators reintroduced a bipartisan bill on Thursday that would allow nationwide sales of gasoline with a higher blend of ethanol year-round, a plan that has the support of a leading oil trade group. Senator Deb Fischer, a Republican from Nebraska, introduced the bill with senators including Tammy Duckworth, a Democrat from Illinois, and said...
Beer, not tariffs, will boost US aluminum capacity
If in doubt, double down. Seven years ago President Donald Trump ordered 10% tariffs on US imports of aluminum with the stated aim of increasing domestic primary metal production. They haven’t worked. This time the tariff is going to be 25% without “exceptions or exemptions” effective March 4. Together with a similar-sized duty on steel imports,...
China launches limited tariffs after Trump imposes sweeping new levies
China imposed targeted tariffs on American imports on Tuesday and put several U.S. companies, including Google, on notice for possible sanctions, in a measured response to the sweeping duties on Chinese imports imposed by President Donald Trump. Beijing’s limited reply to Trump’s imposition of a 10% tariff on all Chinese imports underscored the attempt by Chinese policymakers to...