Tag: President Trump

US nuclear developers call on Trump to sell plants abroad

US nuclear developers call on Trump to sell plants abroad

US nuclear energy developers have met with President Donald Trump to ask him to help win foreign contracts to build power plants abroad. Following the meeting held at the White House, Chris Crane, the chief executive officer at the larger US operator of nuclear power plants Exelon Corp, said: “There […]

Michigan gas outage prompts support for US coal

Michigan gas outage prompts support for US coal

A disruption to Michigan’s natural gas supply forced residents to lower thermostats and caused automakers to suspend operations, providing support for Trump’s coal efforts. The incident began on Wednesday, last week, when a fire at a compressor station cut off natural gas supplies from the station, prompting Michigan Governor Gretchen […]

Trump could use World Bank appointee to promote its pro energy access stance

Trump could use World Bank appointee to promote its pro energy access stance

Following World Bank President Jim Yong Kim’s decision to step down from his role three years before the end of his term, attention is focusing on whether US President Donald Trump will use the vacancy to appoint a new leader in line with his policies. After Trump’s decision to pull […]

US warns German companies over Nord Stream 2 involvement

US warns German companies over Nord Stream 2 involvement

The US has warned German stakeholders in the Russian-led Nord Stream 2 pipeline that sanctions could be imposed on them if they continue their involvement in the project. US President Donald Trump has described Germany as being a “captive” of Russia as a result of its reliance on Moscow’s energy […]

World Bank president resigns amid conflict with Trump administration

World Bank president resigns amid conflict with Trump administration

World Bank Group President Jim Yong Kim has unexpectedly resigned from his position amid differences of opinion with the Trump administration over climate change. Appointed for two five-year terms by President Barrack Obama, Kim has pushed forward green financing projects and has dropped funding for coal power projects. Meanwhile, US […]

Oman to cut output buy 2%

Oman to cut output buy 2%

Oman is to cut its oil production by 2% from January for a six-month period as part of its commitment to OPEC supply cuts. A letter sent to customers of Omani Oil, by the nation’s oil and gas ministry said the reduction is part of the country’s pledge to follow […]

Trump’s pro-fossil fuel stance gains momentum

Trump’s pro-fossil fuel stance gains momentum

The US this week held a side-event at the COP24 conference and declared that fossil fuels are here to stay and will help to end energy poverty in the developing world. The event held at COP24 on Monday gave the US administration a platform to promote President Donald Trump’s pro-fossil […]

OPEC agrees on 1.2m bpd cut

OPEC agrees on 1.2m bpd cut

OPEC has defied US President Donald Trump’s calls to maintain low prices by agreeing to a 1.2 million barrel per day cut to production over six months, sending crude prices higher. The deal was pushed forward in Vienna after two days of discussions, where the bloc’s de facto leader Saudi […]