Day: February 3, 2026

Trump’s Project Vault Gives US Critical Minerals a Boost

Energy News Beat In a bold move to secure America’s supply chains and reduce dependence on foreign powers—particularly China—President Donald Trump announced the launch of Project Vault on February 2, 2026. This ambitious initiative establishes the first-ever U.S. Strategic Critical Minerals Reserve, designed to act as a safeguard for domestic manufacturers against market disruptions and […]

How Does the India-U.S. Trade Deal Impact the Global Oil Markets?

Energy News Beat In a significant development for global energy dynamics, U.S. President Donald Trump and Indian Prime Minister Narendra Modi announced a trade agreement on February 2, 2026, aimed at resetting bilateral relations strained by tariffs and oil sourcing disputes. This deal, which reduces U.S. tariffs on Indian goods from 50% to 18%, is […]

Orsted Sells European Onshore Wind Business for $1.7 Billion

Energy News Beat In a significant move within the renewable energy sector, Danish energy giant Orsted has divested its entire European onshore renewables business to Copenhagen Infrastructure Partners (CIP) for €1.44 billion, equivalent to approximately $1.7 billion. This transaction marks the completion of Orsted’s planned divestment program, allowing the company to sharpen its focus on […]