Friday, June 20, 2025
Trump’s Energy Secretary nominee pledges domestic expansion- oil and gas 360

Trump’s Energy Secretary nominee pledges domestic expansion

(Oil Price) – President-elect Donald Trump’s pick for Secretary of Energy, Chris Wright, pledged on Wednesday to help unleash a major expansion in U.S. domestic energy production, including oil, LNG, and nuclear power. “The security of our nation begins with energy,” Wright said in remarks prepared for his confirmation hearing at the Energy and Natural Resources Committee today. “Previous administrations have viewed energy

US may revive some shut nuclear plants to help meet emissions goal, energy chief says- oil and gas 360

US may revive some shut nuclear plants to help meet emissions goal, energy chief says

U.S. News WASHINGTON – The United States could revive some of its recently retired nuclear power plants to help meet rising demand for zero-emissions electricity, or add reactors to existing sites, Energy Secretary Jennifer Granholm said in an interview. The administration of President Joe Biden believes nuclear power is critical to meeting greenhouse gas reduction goals and decarbonizing the economy

Industry groups call refiners’ meeting with energy secretary ‘constructive’- oil and gas 360

Industry groups call refiners’ meeting with energy secretary ‘constructive’

World Oil Major U.S. oil refiners met with U.S. Energy Secretary Jennifer Granholm on Thursday to discuss rising energy costs and energy security. The American Petroleum Institute (API) and American Fuel & Petrochemical Manufacturers (AFPM) called the meeting “a constructive discussion.” Reuters reported that while no concrete solutions emerged, both sides promised to keep talking and working together in good faith. “While

Energy secretary explains why feds are spending $2.5 billion on carbon capture- oil and gas 360

Energy secretary explains why feds are spending $2.5 billion on carbon capture

CNBC The U.S. Department of Energy announced on Thursday it was taking its first steps to disburse more than $2.3 billion for carbon capture technology included in Biden’s Bipartisan Infrastructure Law, which the president signed in November, for carbon capture technology. Carbon dioxide emissions are a result of burning fossil fuels and are a primary cause of anthropogenic climate change, and the amount

https://www.chron.com/business/energy/article/Trump-announces-deputy-energy-secretary-to-14545320.php?cmpid=ffcp-oag360

Trump announces deputy energy secretary to replace Perry

Houston Chronicle: President Donald Trump said Friday he would nominate Deputy Energy Secretary Dan Brouillette to helm the Department of Energy, following Rick Perry’s announcement he would resign by the end of the year. “Rick was a great Governor of Texas and a great Secretary of Energy….He is also my friend!” Trump tweeted “At the same time, I am pleased

Oil Dives Nearly 5% to Seven-Month Low on Surprise U.S. Stock Build, Trade War

From Reuters Oil prices tumbled more than 4.5% on Wednesday to a seven-month low, extending recent heavy losses following a surprise build in U.S. crude stockpiles and fears that demand will shrink due to Washington’s escalating trade war with Beijing. Brent crude futures LCOc1 settled down $2.71, or 4.6%, at $56.23 a barrel, the lowest close since early January. Prices