In the midst of a war in Iran and skyrocketing energy prices at home, the Trump administration is pushing to boost sales of U.S. liquefied natural gas across Central and Eastern Europe. Energy Secretary Chris Wright and other U.S. officials announced this week that they had reached agreements aimed at boosting the construction of “Trump […]
Seven Democratic U.S. senators have launched a probe into a $370 million “alternative fuel” payout to Cheniere Energy, made earlier this year by the IRS, that critics say the liquefied natural gas export company never should have received. An earlier Inside Climate News investigation into the company’s push to get that tax credit for using […]
When Gary Dirks arrived in China in 1995, the country’s government was looking to source more of its energy at home. Dirks was the incoming country head for BP, but efforts to find more oil and gas in the country had largely fizzled. So government leaders pivoted, Dirks said. China invested heavily in its domestic […]
Sub-Saharan Africa’s reliance on imported oil leaves countries exposed to economic shocks amid the escalating Middle East conflict. Rising crude and LNG prices threaten import bills, inflation and currency stability, particularly in nations with low reserves
Russia’s invasion of Ukraine set off a global energy crisis in 2022, sending prices for oil and gas skyrocketing in Europe and the U.S. for months on end. Many Americans struggled to keep up with their bills, and disconnections—when utility companies shut off power or heat because of nonpayment—spiked. Now, energy experts fear the Trump […]
The Point Isabel Independent School District on Monday rejected a multi-million dollar tax break for a proposed $5.7 billion liquefied natural gas (LNG) project on the Texas Gulf Coast, finding the facility would not “align” with the community’s values or finances. Districts in Texas have typically granted such agreements, which are meant to incentivize investment […]
The U.S. and Israeli war against Iran is disrupting energy markets and driving oil and gas prices higher in the United States and globally. While those increases are modest so far, experts say the war has the potential to cause more severe and lasting impacts if Iran damages the region’s energy infrastructure or restricts shipping […]
Qatar is one of the world’s largest exporters of liquefied natural gas and a suspension of output removes roughly 20% of global trade by volume from immediate supply
Cheniere Energy, the largest producer and exporter of U.S. liquefied natural gas, received $370 million from the IRS in the first quarter of 2026, a payout that shipping experts, tax specialists and a U.S. senator say the company never should have received. The money, reported in the company’s recently released annual financial report, was the […]