Trump Administration Pays $1.2 Billion to Halt RWE US Wind Projects

By admin August 8, 2026 No comment

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German energy company RWE will abandon its offshore wind projects in the United States after reaching a $1.2 billion payout agreement with President Donald Trump’s Department of the Interior. The company will relinquish leases off the coasts of California, Louisiana and the New York Bight, saying there was no foreseeable path to securing permits for […]

Canada Signs Landmark LNG Export Deal With Germany

By admin May 28, 2026 No comment

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Canada has signed a major long-term energy agreement with Germany that will see one million tonnes of liquefied natural gas (LNG) exported annually from British Columbia to Europe beginning in the early 2030s. The deal involves the proposed Ksi Lisims LNG project and Germany’s state-owned energy company SEFE, marking Canada’s first long-term LNG supply arrangement […]

Meloni’s Gulf Visit Focuses on Energy Security and Regional Stability

By admin April 4, 2026 No comment

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Italy’s Prime Minister Giorgia Meloni began a surprise diplomatic tour of Saudi Arabia, Qatar, and the United Arab Emirates, marking the first visit by a European Union leader to the Gulf since the outbreak of the U.S.-Israeli war with Iran in February. During her stop in Jeddah, Meloni is expected to meet Saudi Crown Prince […]

Iran-Kuwait-Israel Conflict Escalates Amid Global Energy Concerns

By admin March 20, 2026 No comment

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Iran launched drone attacks on Kuwait’s Mina Al-Ahmadi oil refinery, causing fires and further straining global energy supplies, while Israel killed a spokesperson for Iran’s Revolutionary Guards in a targeted strike in Tehran. The ongoing U.S.-Israeli conflict with Iran has already disrupted oil and LNG flows through the Strait of Hormuz, affecting roughly 12% of […]