What’s the status of international oil companies in Venezuela after Maduro’s capture?

Jan 5 (Reuters) - Here are key facts about international oil companies in Venezuela, a country with the world's largest oil reserves thrown into crisis by the capture of President Nicolas Maduro by U.S. forces. In the 2000s, former President Hugo Chávez expropriated assets from several foreign oil companies, strengthening state-owned PDVSA’s control over the country's oilfields. Today, foreign... Continue Reading →

January 5, 2026 0

Equinor challenges US order to suspend Empire Wind project

Jan 2 (Reuters) - Norwegian energy group Equinor said on Friday it had filed a civil suit in the U.S. District Court for the District of Columbia challenging a U.S. Department of the Interior order to suspend its Empire Wind project. "As part of that case, Empire plans to seek a preliminary injunction and allow construction... Continue Reading →

January 4, 2026 0

No quick wins in tapping Venezuela’s oil reserves

Jan 3 (Reuters) - Venezuela is unlikely to see any meaningful boost to crude output for years even if U.S. oil majors do invest the billions of dollars in the country that President Donald Trump promised just hours following Nicolás Maduro's capture by U.S. forces. The South American country may have the world's largest estimated oil reserves,... Continue Reading →

January 4, 2026 0

The Growing Backlash Against Data Center Expansion

Jan. 2 (oilprice.com) As tech companies worldwide invest heavily in the deployment of large-scale data centres to power advanced technologies, not everyone is so happy about the new phenomenon. Concerns over energy security and a prolonged reliance on fossil fuels are just two of the issues that are repeatedly coming up, as governments seek to... Continue Reading →

January 2, 2026 0

Orsted challenges US halt of its $5 billion offshore wind project

Jan 2 (Reuters) - Denmark's Orsted said on Friday it was challenging the U.S. government's suspension of the lease for its Revolution Wind joint venture and would seek a court injunction against the decision to halt its $5 billion offshore wind project. The Trump administration suspended leases on December 22 for five large offshore wind projects that are... Continue Reading →

January 2, 2026 0

US Offshore Wind Developer Sues Gov’t Over Stop-Work Order

Dec. 29 (offshoreWIND.biz) Dominion Energy has filed a federal lawsuit challenging the Trump administration’s stop-work order issued on 22 December that directed all major US offshore wind projects under construction to pause while federal agencies review alleged national security risks, AP and US media report. In its complaint filed in the US District Court for the Eastern... Continue Reading →

December 29, 2025 0

Democratic governors call on Trump administration to lift freeze on offshore wind projects

Dec 24 (Reuters) - Four Democratic governors wrote to U.S. Interior Secretary Doug Burgum on Wednesday to ask the Trump administration to lift its halt on five offshore wind projects on the U.S. East Coast. The Department of the Interior on Monday attributed its suspension of the leases for the projects to national security concerns. However, New York... Continue Reading →

December 26, 2025 0

Orsted sells 55% of Taiwan wind farm to Cathay

Dec 23 (Reuters) - Danish offshore wind developer Orsted has agreed to sell a 55% stake in its Greater Changhua 2 offshore wind farm in Taiwan to life insurance company Cathay in a deal worth around 5 billion Danish crowns ($788.74 million), it said on Tuesday. Orsted, the world's largest offshore wind developer, is trying... Continue Reading →

December 23, 2025 0

AI data centers are forcing dirty ‘peaker’ power plants back into service

Dec 23, CHICAGO - In Chicago’s working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from an industrial lot behind Dvorak Park, which in warmer weather is packed with children climbing on its colorful playground and zooming down slides. The rarely-used eight-unit Fisk power plant owned by Houston-based NRG Energy was scheduled to retire... Continue Reading →

December 23, 2025 0

Dominion Energy Releases Responds to Government Suspension of Coastal Virginia Offshore Wind

Dec. 22 (OE) Dominion Energy released the following statement in response to the U.S. Department of Interior’s Director’s Order for a 90-day suspension of work issued earlier today for the Coastal Virginia Offshore Wind project: "The Coastal Virginia Offshore Wind Project (CVOW) is essential for American national security and meeting Virginia’s dramatically growing energy needs, the fastest... Continue Reading →

December 22, 2025 0

Blog at WordPress.com.

Up ↑

Category: United States