German energy company RWE said on Thursday that it had reached a $1.22 billion agreement with the Trump administration to cancel three offshore wind leases in U.S. waters and to direct the funds to LNG and natural gas power plant projects.The arrangement is the fifth, and largest, the administration has entered into this year as part of its wide-ranging effort to stop development of U.S.
Governments scrambled to limit the impact on economies and consumers from the widening Iran war, which fuelled a record surge in oil prices on Monday after key producers cut output and Tehran signalled that hardliners would remain in charge.In a sign of mounting governmental concern over supply disruptions
Congressman Chuck Fleischmann (R-TN), Chairman of the House Energy and Water Development and Related Agencies Appropriations Subcommittee, was presented with Waterways Council, Inc.’s (WCI) 23rd Annual Leadership Service Award on February 4, for championing the Nation’s inland waterways and the Chickamauga Lock project. The award was presented at a Capitol Hill reception.
A group of Democratic U.S. senators on Tuesday pressed Treasury Secretary Scott Bessent on whether enormous tankers that ship liquefied natural gas qualify for a lucrative tax credit meant for smaller boats that burn the fuel.Here are details about the issue.The Alternative Fuel Excise Tax credit, signed by former President George W.