ENERGY

Authored by Charles Kennedy via OilPrice.com,

• The proposed bill allocates $1.321 billion to refill the SPR and $218 million for maintenance and repairs.

• It aims to repeal the SPR drawdown mandate and redirect funds away from climate initiatives.

• The legislation responds to Trump’s promise to refill the reserve and criticizes Biden’s SPR releases.

U.S. House Republicans have introduced the Budget Reconciliation Bill, which will include funding to begin refilling (more…)

Via The Cradle

Syria's interim Energy Minister, Mohammad al-Bashir, announced Friday that Damascus and Ankara have reached a deal for Turkey to deliver 6 million cubic meters (mcm) of natural gas per day to Syria within the next three months.

"I agreed with my Turkish counterpart Alparslan Bayraktar on supplying Syria with six million cubic meters of natural gas a day through the Kilis-Aleppo pipeline," Bashir told SANA.

Getty Images

His statement came hours after (more…)

The Trump administration is pushing forward with seeking to forge a peace deal in Ukraine, despite recent warnings it could give up trying to mediate if progress isn't made, as well as seeking to repair bilateral US-Russia relations.

"With a frost covering Europe's energy relations with Russia, officials from Washington and Moscow have held discussions about the U.S. helping to revive Russian gas sales to the continent," Reuters has cited eight sources to say. (more…)