Reuters’ Marianna Parraga reports that the Treasury Department has issued a new general license clearing the way for U.S. companies to provide equipment, technology, and services for oil and gas exploration and production in Venezuela. Read more in Reuters here.
Reuters reporters Arathy Somasekhar and Nathan Crooks report on the growing interest among U.S. energy companies in returning to Venezuela. Read more in Reuters here.
Read the full article in Reuters here.
The world’s biggest climate philanthropy has given $24.5 million to protect coastal ecosystems as part of a plan to create the planet’s first cross-border marine biosphere reserve, its head of nature told Reuters. The four grants from the Bezos Earth Fund are intended to help local communities and organisations protect key marine areas in Costa...
An acute global shortage of memory chips is forcing artificial intelligence and consumer-electronics companies to fight for dwindling supplies, as prices soar for the unglamorous but essential components that allow devices to store data. Japanese electronics stores have begun limiting how many hard-disk drives shoppers can buy. Chinese smartphone makers are warning of price increases. Tech giants,...
Asia’s imports of liquefied natural gas flatlined in November, putting the top-buying region of the super-chilled fuel on track to record its first annual decline in three years. Much of the blame for the soft outcome can be laid at the door of China, which may lose its status as the world’s top LNG importer...
The residents came in camouflage hats and red shirts signaling unity, more than 300 of them packing into a rural Pennsylvania planning commission meeting to protest a proposed data center they feared would carve up their farmland and upend the quiet rhythms of their valley. Most were loyal supporters of President Donald Trump, who carried their...
The West’s push to build a home-grown magnets supply chain to reduce its reliance on China – led by massive U.S. backing for Nevada-based MP Materials – is running into a critical problem: the scarcity of so-called heavy rare earth elements. The United States and allies have been scrambling to create an alternative supply chain...
Australia’s remote Indian Ocean outpost of Christmas Island has enough power to support a new Google data centre without depriving locals, but its arrival could spur a push to renewable energy, the island’s biggest employer and the tech giant said. Alphabet’s Google announced on Monday it will build a data hub on the tiny island...
The United States is eager to advance energy ties with Greece and see the country become a key energy gateway to Europe, the new U.S. ambassador to the country, Kimberly Guilfoyle, said on Wednesday. Greece has ramped up purchases of U.S. liquefied natural gas and built a second LNG terminal as it seeks to establish...
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