Biden

The natural gas market was awaiting word from President Biden on Thursday on plans to direct additional liquefied natural gas (LNG) supplies to European Union (EU) countries to curb their dependence on Russian gas imports. President Biden reportedly was due to make an announcement Friday during his trip to Europe. The president was in Europe…

In another sign of the dramatic overhaul in the world order, the U.S. government has reengaged with Venezuela’s President Nicolás Maduro to potentially undo oil sanctions on the Latin American nation. In an address on state television, Maduro called a weekend meeting at the Miraflores presidential palace with U.S. officials “respectful, cordial, and very diplomatic.”…

President Biden faced increasing pressure on Monday to ban imports of oil from Russia following its invasion of Ukraine and the deepening turmoil in eastern Europe. The U.S. president is reportedly considering such a move but carefully weighing it against the likely impact it would have on global crude prices and, by extension, the cost…

In his first State of the Union address, President Biden called on the country to embrace alternative energy, while promising to release emergency oil reserves to ease the price at the pump following Russia’s invasion of Ukraine. The president in an emotional address called on Americans to rally behind U.S.-led efforts as part of the…

President Biden on Monday warned that if Russia invades Ukraine, the 5.3 Bcf/d Nord Stream 2 (NS2) pipeline project will not proceed. The president made the remarks at a press conference, held with German Chancellor Olaf Scholz on his first visit to the White House.  The future of the critical energy infrastructure project to deliver…

The U.S. Department of Energy (DOE) said on behalf of the Water Power Technologies Office (WPTO), it plans to award $25 million to fund eight research and development (R&D) projects on wave-generated electricity.  The R&D projects are expected to improve wave energy converters (WEC) and other wave energy technologies. The goal is to deploy the…

The White House on Monday announced a series of measures to reduce methane emissions, including a $1.15 billion program for states to plug orphan oil and gas wells and to enforce tighter emissions rules for natural gas pipeline operators.  The funds are part of a $4.7 billion orphan wells cleanup program authorized under the recently…

President Biden and European Commission President Ursula von der Leyen pledged Friday to work closely to ensure adequate energy supplies for Europe, including liquefied natural gas (LNG), as geopolitical tensions between Russia and Ukraine show no signs of easing.  “The United States and the European Union (EU) are working jointly towards continued, sufficient and timely…

The White House is working with European allies to ensure adequate natural gas supply in the event Russia cuts off access, press secretary Jen Psaki said this week. During a gaggle with the press, Psaki confirmed that the Biden administration has been working on contingency plans if Russia were to invade Ukraine. Russia is a…