Wednesday, 23 April 2025

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FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
BusinessEconomyIndustryNewsPolitics

Despite revamped proposals, Nippon Steel deal on track to be blocked, letter says

Nippon Steel's $14.9 billion bid for U.S. Steel faces potential block by Biden as CFIUS fails to reach consensus on national security risks.

A wheel loader takes ore to a crusher at the MP Materials rare earth mine in Mountain Pass, California, U.S. January 30, 2020. Picture taken January 30, 2020. REUTERS/Steve Marcus/File Photo
BusinessClimateCritical MineralsEconomyElectric Vehicles (EVs)ElectricityEmissionsEnvironmentMiningNewsPoliticsRegulationsSolar

Trump advisers urge ending environmental reviews for mines receiving US funds

Advisers to Trump recommend waiving environmental reviews for critical minerals projects to boost U.S. production and reduce reliance on China.

AnalysisBusinessEconomyEfficiencyElectricityInfrastructureLegislationOffshore WindOpinionPoliticsRegulationsTransmissionUtilitiesWind

Federal hostility could delay offshore wind projects in US, derailing state climate goals

Analysis: East Coast states rely on offshore wind for clean energy, but Donald Trump's presidency may threaten their ambitious climate goals.

The Switch logo is pictured on a data center in Las Vegas, Nevada, U.S., October 6, 2017. REUTERS/Chris Wattie/File Photo
BusinessEfficiencyElectricityInfrastructureNewsNuclear PowerSmall Modular ReactorsTransmission

Sam Altman-backed Oklo signs power agreement with data center operator

Sam Altman-backed Oklo has signed a deal to provide 12 GW of nuclear power to Switch, supporting clean energy for data centers.

FILE PHOTO: An OPEC flag is seen on the day of OPEC+ meeting in Vienna  in Vienna, Austria October 5, 2022. REUTERS/Lisa Leutner/File Photo
BusinessEconomyNewsOilPoliticsTrade

OPEC+ wary of renewed US oil output rise under Trump, sources say

OPEC+ is concerned about rising U.S. oil output with Trump's return, fearing it will erode their market share and impact prices.

FILE - Energy Secretary Jennifer Granholm talks during a session at the COP29 U.N. Climate Summit Nov. 15, 2024, in Baku, Azerbaijan. (AP Photo/Rafiq Maqbool)
BusinessCourtsElectionsEmissionsLiquefied Natural GasNatural GasNewsPoliticsTrade

U.S. Energy chief Granholm warns against ‘unfettered exports’ of liquefied natural gas

U.S. Energy Secretary Jennifer Granholm says a "business-as-usual approach" to LNG exports is "neither sustainable nor advisable."

FILE PHOTO: Power lines are shown in Carlsbad, California, U.S., August 17, 2020. REUTERS/Mike Blake/File Photo
BusinessEfficiencyElectricityInfrastructureNewsTransmissionUtilities

Half US at high risk of power shortfall in next decade, regulator says

NERC warns that half of the U.S. faces power supply shortfalls in the next decade due to rising demand and inadequate infrastructure.

FILE PHOTO: An LNG tanker is guided by tug boats at the Cheniere Sabine Pass LNG export unit in Cameron Parish, Louisiana, U.S., April 14, 2022. REUTERS/Marcy de Luna/File Photo
ClimateEconomyEnvironmentLiquefied Natural GasNewsRegulationsTrade

Biden administration releases LNG export study, urging caution on new permits

The Biden administration's study on LNG exports warns of increased emissions and potential price hikes, advocating for cautious permitting.

FILE PHOTO: Electric power transmission miniatures are seen in front of displayed U.S. flag in this illustration taken, December 5, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessElectricityInfrastructureNewsNuclear FusionRegulationsTransmissionUtilities

Commonwealth plans world’s first grid-scale fusion power plant in Virginia

Commonwealth Fusion Systems plans to build the world's first grid-scale fusion power plant in Virginia, aiming for 2030 power generation.

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