energy
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WASHINGTON, March 30 (Reuters) – The U.S. House of Representatives on Thursday passed a Republican energy reform bill intended to bolster U.S. oil and gas production while scaling back climate initiatives, the first major legislation of House Speaker Kevin McCarthy’s majority. The House passed the Lower Energy Costs Act by a mostly partisan 225-204 vote.
WASHINGTON, March 30 (Reuters) – The Republican-controlled U.S. House of Representatives is expected to vote on its first major legislation of the year on Thursday, a partisan energy bill that poses an early test of unity for House Speaker Kevin McCarthy’s majority. The 175-page measure, dubbed the Lower Energy Costs Act, represents a top 2022 […]
Throughout the centuries, women have borne the disproportionate burden of economic instability. We’re seeing it happen again right now: High energy prices are causing what the United Nations call “the greatest cost of living crisis in a generation”. Of those parts of the population who are most impacted by poverty globally, women have been front […]
March 27 (Reuters) – The Biden administration plans to send Mexico an “act now or else” message in coming weeks in an attempt to break a stalemate in an energy trade dispute as bipartisan calls grow for the U.S. to get tougher with its southern neighbor, according to people familiar with the discussions. The move […]
This is from the Green Daily newsletter. Sign up to receive it in your inbox. President Joe Biden submitted his budget request on March 9. Although the numbers are bound to change before Congress approves it, federal . . .
LG Energy Solution Ltd. will invest 7.2 trillion won ($5.5 billion) building a giant manufacturing complex in Arizona as the electric-car battery maker seeks to speed up production in order to meet rising demand for clean cars. The company will spend 4.2 trillion won on a plant with an annual production capacity of 27 gigawatt-hours […]
March 20, 2023 In 2022, the United States set a new record for petroleum product exports, up 7% from 2021, according to our Petroleum Supply Monthly. U.S. petroleum product exports averaged 5.97 million barrels per day (b/d) in 2022 (405,000 b/d more than in 2021) driven by an increase of 18% (193,000 b/d) in distillate […]
For those in Washington who are patting themselves on the back for a job well done on positioning the United States for improved global competitiveness on clean energy, you’re not done yet. Yes, the future looks much brighter thanks to the passage of the Infrastructure Investment and Jobs Act, CHIPs and Science Act, and
A Vietnam government partner suggested that event Hanoi is unaware of the details of the energy transition package A government partner in a $15.5 billion deal to help Vietnam move away from coal has described the package as a “black box”. Details of the agreement to accelerate Vietnam’s energy transition remain unclear even to the […]
HOUSTON, March 8 (Reuters) – Billions of dollars in clean energy incentives are poised to speed investment on American soil while putting the European Union’s energy transition at risk by luring away money and talent, executives at the CERAWeek energy conference said this week. U.S. President Joe Biden’s landmark Inflation Reduction Act climate package was […]