Tuesday, August 26, 2025
U.S. Department of Energy Pledges $1 Billion in Critical Mineral Funds- oil and gas 360

U.S. Department of Energy pledges $1 billion in critical mineral funds

(Oil Price)– The U.S. Department of Energy has announced close to $1 billion in funding opportunities for stimulating domestic mining, processing, and manufacturing ventures involving critical minerals in a bid to reduce the country’s dependence on imports. About half of the total will be spent on battery manufacturing and recycling, despite the Trump administration’s negative attitude to electric vehicles, which drove

Republicans Move to Cut U.S. Funding for IEA- oil and gas 360

Republicans move to cut U.S. funding for IEA

(Oil Price)– A House committee has approved a bill that the U.S. withdraw its funding to the International Energy Agency as the Republican lawmakers consider that the IEA has strayed from its mission to safeguard energy security and has been pushing green energy policies instead. The House Appropriation Committee said in a report this week that the IEA “has strayed from its