Jan 15 (Reuters) - Vineyard Wind, a nearly completed offshore wind project off the coast of Massachusetts, asked a federal court on Thursday to block the Trump administration's suspension of the industry in federal waters. The filing came the same day a federal judge in Washington dealt the administration a legal setback by allowing construction to proceed on an... Continue Reading →
US judge allows Equinor to restart New York offshore wind project Empire Wind
Jan 15 (Reuters) - A federal judge on Thursday cleared Norwegian offshore wind developer Equinor to resume work on its New York Empire Wind project, which President Donald Trump's administration halted along with four other projects last month. The ruling by U.S. District Judge Carl Nichols in Washington is the second legal setback for Trump's offshore wind pause... Continue Reading →
US Judge Set to Rule on Equinor’s Bid to Restart Offshore Wind Project
Jan. 15 (Reuters) A U.S. judge will rule on Thursday on whether to allow Norwegian offshore wind developer Equinor to resume construction of the Empire Wind project off the coast of New York in a lawsuit over the Trump administration's suspension of the industry. U.S. District Judge Carl Nichols in Washington had declined to issue... Continue Reading →
TotalEnergies CEO says return to Venezuela not high on agenda
Jan 13 (Reuters) - French oil major TotalEnergies would consider returning to Venezuela but it is not a priority, its chief executive said on Tuesday. "People want to rush back to Venezuela but it will require a clear framework to be able to invest there and it will take time," CEO Patrick Pouyanne said at Abu... Continue Reading →
US judge lets Denmark’s Orsted resume Rhode Island offshore wind project that Trump halted
Jan 12 (Reuters) - A federal judge on Monday cleared Danish offshore wind developer Orsted to resume work on its nearly finished Revolution Wind project, which U.S. President Donald Trump's administration halted along with four other projects last month. The ruling by U.S. District Judge Royce Lamberth is a legal setback for Trump, who has spent... Continue Reading →
Trump’s Venezuela Oil Push Could Undercut US Producers
Jan. 12 (Reuters) U.S. oil producers already reeling from low oil prices are facing renewed pressures, as President Donald Trump pushes them to boost output in Venezuela - a move that would weaken the oil market, cut revenues and hurt industry at home. Trump has enacted policies that he says would unleash American energy and... Continue Reading →
New York sues Trump administration over pause on two offshore wind projects
Jan 9 (Reuters) - New York's attorney general sued the Trump administration on Friday for suspending construction on two major offshore wind projects that the state says it needs to power 1 million homes and reduce its reliance on fossil fuels. In a pair of lawsuits, New York Attorney General Letitia James is asking a... Continue Reading →
Exxon studies Venezuela return as Chevron plots immediate production bump
Jan 9 (Reuters) - Exxon Mobil CEO Darren Woods said on Friday the U.S. oil major is ready to evaluate a potential return to Venezuela in what would be a stunning development after its assets in the South American country were nationalized nearly 20 years ago. Woods, however, said Venezuela was currently "uninvestable" and significant legal... Continue Reading →
Chevron, Vitol and Trafigura in Talks to Export Venezuelan Crude
Jan. 9 (Reuters) Oil major Chevron Corp, global trading houses Vitol and Trafigura, and other firms are competing for U.S. government deals to export crude oil from Venezuela, according to sources familiar with the matter. The competition reflects a desire by many in the oil industry to access the South American country's crude stocks and... Continue Reading →
U.S. crude imports from Guyana rose to record levels in 2025
Jan. 7 (oilnow.gy) U.S. net imports of crude oil from Guyana rose to record levels in 2025, supported by rising offshore production and growing demand from U.S. refiners, according to data from the U.S. Energy Information Administration (EIA). Based on EIA data for the first 10 months of the year, U.S. net imports from Guyana... Continue Reading →