Government Update News


Iranian Oil Tankers Resume Shipments After US-Iran Deal

Jun 17, 2026

At least three tankers carrying Iranian oil have sailed through the U.S. naval blockade this week, with a fourth, an empty vessel, heading towards the Gulf of Oman, after the U.S. and Iran agreed a framework deal to reopen the strategic Strait of Hormuz…

Oil Slumps as US-Iran Reach Initial Peace Deal to Reopen Strait of Hormuz

Jun 15, 2026

Oil prices slipped to a three-month low on Monday after U.S. President Donald Trump and Iran's deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz.Brent crude futures LCOc1 fell $3…

Seven US States Sue Fed. Government, TotalEnergies After Cancelling Offshore Wind Lease

Jun 02, 2026

Seven U.S. states led by New York sued the Trump administration on Tuesday for cancelling a major offshore wind lease off the coast of New York in exchange for a pledge by its owner to invest instead in fossil fuel projects.The lawsuit in the Washington…

CIP Remains Eager to Invest in Italian Offshore Wind

May 21, 2026

Copenhagen Infrastructure Partners, a Danish firm eager to invest in Italian offshore wind farms, is getting impatient.Two years after the country's 2024 law offered incentives to would-be developers to provide offshore wind capacity, the government…

Philippines Accuses China of Illegal Marine Research Near Gas-Rich Reed Bank

May 07, 2026

The Philippine Coast Guard has accused China of conducting illegal marine scientific research near the oil and gas-rich Reed bank within Manila's exclusive economic zone in the South China Sea, according to a statement on Thursday.'We will continue…

Trump Halts US Wind Farm Projects Citing National Security Risk

May 04, 2026

President Donald Trump's administration has brought U.S. onshore wind development to a halt, citing national security concerns, the Financial Times reported on Sunday.Approvals for about 165 onshore wind projects on private lands are being held up by the Pentagon…

US Naval Blockade Hammers Iran Oil Exports, Forces Floating Storage

May 01, 2026

A U.S. naval blockade of Iranian ports has shrunk Tehran's oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space, shipping data showed and analysts said.With some vessels switching off tracking systems and U…

US Judge Blocks Trump's Efforts to Hinder Renewable Energy Projects

Apr 21, 2026

A federal judge on Tuesday blocked President Donald Trump's administration from enforcing a series of permitting policies that wind and solar energy industry groups say have stymied the development of new energy generation projects.Chief U.S…

China Calls for De-Escalation as US Threatens Hormuz Blockade

Apr 13, 2026

China urged calm and restraint by all sides on Monday, following U.S. President Donald Trump's threat to blockade the Strait of Hormuz after the failure of weekend talks in Islamabad aimed at ending the Iran war.Before the war, most Iranian oil exports were shipped to China…

UK Declines to Support US Hormuz Blockade, PM Starmer Says

Apr 13, 2026

British Prime Minister Keir Starmer said on Monday that whatever the pressure, Britain would not be dragged into the Iran war nor be involved in a blockade of the Strait of Hormuz.'We're not supporting the blockade,' he told BBC Radio 5 Live…

UK Grants $85M to Develop Port Talbot Floating Wind Hub

Mar 30, 2026

The U.K. government has committed up to $85 million (£64 million) to support the development of a floating offshore wind port at Port Talbot in Wales, as part of efforts to expand clean energy capacity.The funding will support Associated British…

DOE Relocates Headquarters in DC

Mar 27, 2026

The U.S. Department of Energy (DOE), in partnership with the U.S. General Services Administration (GSA), announced that DOE’s headquarters will relocate from the James V. Forrestal Building to the Lyndon B. Johnson (LBJ) building. LBJ currently serves as the headquarters for the U…

Oil Rises as Ceasefire Optimism Fades

Mar 26, 2026

Oil rose about 2% on Thursday, clawing back losses from the previous session on concerns that protracted fighting in the Middle East will further disrupt energy flows.Brent futures LCOc1 rose $2.08, or 2.03%, to $104.30 a barrel by 0638 GMT…

Iran to UN: 'Non-Hostile' Ships Can Transit Strait of Hormuz

Mar 25, 2026

Iran has told the United Nations Security Council and the International Maritime Organization that 'non-hostile vessels' may transit the Strait of Hormuz if they coordinate with Iranian authorities, according to a note seen by Reuters on Tuesday…

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