Pakistan is considering importing crude oil from the United States for the first time to offset a trade imbalance that triggered higher U.S. tariffs, according to a government source directly involved with the proposal and a refinery executive. Countries are scrambling to find ways to lower their U.S. tariff burdens, including buying more U.S. oil...
As China continues its rapid industrial growth, the development of nuclear power becomes increasingly critical in meeting its burgeoning energy demands. Recently, the Zhangzhou nuclear power plant in Fujian Province marked a significant milestone by completing its hot functional test for the second unit. This achievement paves the way for fuel loading and eventual integration...
U.S. soybean exports now face a 60% tariff into China, and that figure could likely climb to more than 100% if the tit for tat on tariffs continues between the two countries. Even as the trade war heats up, and soybeans could be on the front lines once again, the reality is U.S. farmers aren’t...
The UK government has shortlisted 27 hydrogen-powered projects in its second Hydrogen Allocation Round (HAR2). The selected projects will boost low-carbon hydrogen production within the UK. The initiative is part of the government’s Plan for Change and aims to cut carbon emissions while creating thousands of jobs. The UK’s hydrogen sector has the potential to...
U.S. Energy Secretary Chris Wright on Wednesday will launch a nearly two-week tour of three Middle East countries, including Saudi Arabia, marking his first visit as a U.S. official to the de facto leader of the OPEC oil producer group, a source familiar with the matter told Reuters. The trip, which will also include visits...
Chinese liquefied petroleum gas buyers have prompted a price surge as they scramble to replace US supplies of the widely used fuel following Beijing’s tough response last week to Washington’s punitive tariffs. Buyers are trying to swap US cargoes that have already been purchased with alternatives, including LPG from the Middle East, traders said. But...
China announced additional tariffs of 34% on U.S. goods on Friday, the most serious escalation in a trade war with President Donald Trump that has fed fears of a recession and triggered a global stock market rout. In the standoff between the world’s top two economies, Beijing also announced controls on exports of some rare earths and...
Nations once relegated to the margins of economic discourse are now sprinting toward prosperity, their trajectories propelled by a single, unifying force: energy. Energy is indispensable. From the huge AI data centers in the U.S. to the mega-scale manufacturing factories in China, affordable and dependable energy supplies make all the difference between living and thriving....
Innovation, investment, and the cleanest possible energy production thrive best in freer markets that encourage competition instead of having politicians pick winners and losers. That, in a nutshell, is the lesson of the latest Free Economies are Clean Economies report.
Gilkes Energy has received Section 36 planning consent from the Scottish government’s Energy Consents Unit for its Earba storage project, a pumped storage hydro (PSH) initiative at Loch Earba. With an installed capacity of 1.8GW and a storage capacity of 40 gigawatt hours (GWh), it will become the largest PSH project in the UK, capable...
Help us promote free market solutions for climate change.
Thank you for signing up