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The Latest Breaking News from CERAWeek

Big oil gathers in Texas – but beneath the bravado, Trump-induced anxiety

Energy summit in Houston makes clear US is nowhere close to curbing fossil fuels, but tariffs are causing disquiet

The Guardian - US

EU, US Eye Greater Energy Ties Amid Trump Frictions

European and US policy makers are eyeing deeper ties around natural gas even as trade conflict boils and President Donald Trump challenges the long-running transatlantic alliance.

International Business Times

Chevron CEO weighs in on oil legislation after Trump pulled its license to operate in Venezuela: 'Swinging from one extreme to the other is not the right policy approach'

Trump’s slashed Chevron’s license to drill and export oil in Venezuela. Now, Chevron is calling for long-lasting legislation.

Fortune

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US energy industry’s climate retreat is putting profits over people, advocates say

Oil giants retreat on climate pledges, embrace Trump-era fossil fuel policies at CERAWeek in Texas

The Guardian - US

Trump’s ‘drill, baby, drill’ agenda could keep the world hooked on oil and gas

The US president is making energy deals with Japan and Ukraine, and in Africa has even touted resurrecting coal

The Guardian - US

Oil Companies Greet Trump Return, Muted On Tariffs

Oil executives said Tuesday they are bullish on US petroleum investments in the emerging Trump era as some giants back away from renewable energy and beef up fossil fuel developments.

International Business Times

What the world needs now is more fossil fuels, says Trump’s energy secretary

Chris Wright signals abandonment of Biden’s ‘irrational, quasi-religious’ climate policies at industry conference

The Guardian - US

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Saudi Aramco CEO Calls Energy Transition Strategy A Failure

Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current energy transition strategy as a misguided failure on Monday.

International Business Times

Dig Deep: US Bets On Geothermal To Become Renewable Powerhouse

Though geothermal represents only a tiny fraction of current US energy production, several businesses and President Joe Biden's administration are betting on technological advances to make it a backbone of the green transition.

International Business Times

Conoco CEO Predicts US Oil Output To Plateau At 14M Bpd

ConocoPhillips projects US oil output to exceed 14 million bpd before plateauing, reflecting industry growth and potential limitations.

Top News

An oil CEO who will head global climate talks this year calls for lowered emissions

Sultan al-Jaber told energy industry power players on Monday that the world must cut emissions 7% each year and eliminate all release of methane.

WEKU

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Asharq Al-Awsat

Turkey Has No Plans to Cut Russian Oil Buys, Welcomes Iran Supply, Says Minister

Turkey will continue to buy Russian oil and hopes sanctions on Iran are lifted, bringing additional supplies to meet global demand, Energy Minister Alparslan Bayraktar said on Tuesday. Turkey relies on Russia for 45% of its natural gas demand, 17% of oil and 40% of its gasoline, he said in…

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