Environmental groups filed notice of intent to sue the Tennessee Valley Authority, alleging its construction of a methane gas plant alongside a coal facility violates the Clean Air Act.
Kazakhstan has suspended crude oil exports through the Caspian Pipeline Consortium terminal on Russia’s Black Sea coast following drone attacks on tankers and infrastructure.
Norway’s crude oil production exceeded forecasts in June, averaging 1.827 million barrels per day as offshore fields returned from maintenance, bolstering Europe’s energy security amid Middle Eastern supply concerns.
Oil prices have fallen to pre-Iran war levels as tanker traffic through the strait of Hormuz increases, with Brent crude dropping more than 20% this month amid easing Middle East tensions.
The EU’s 21st sanctions package against Russia faces significant delays with nearly six weeks past deadline, as member states demand exemptions on fish imports, visa bans, and other measures.
Global shipyards are building specialized offshore wind construction vessels to reduce costs and accelerate deployment, despite domestic industry challenges in the United States.