Venture Global’s CP2 terminal gains conditional approval to boost U.S. energy exports. U.S. Secretary of Energy Chris Wright recently approved the export of liquefied natural gas (LNG) from…
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President Proposes 25% Tariffs on Vehicles, Pharmaceuticals, and Microchips
He encourages foreign companies to bring manufacturing into the United States. President Donald Trump said that his administration would impose new tariffs on foreign-made automobiles, semiconductors, and pharmaceuticals…
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Treasury Department Places Sanctions Against Iranian Oil Network
The target entities are in China, India, and the United Arab Emirates. The Treasury Department announced new sanctions against an international network allegedly shipping Iranian oil to China.…
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Secretary Rubio Responds to Panama Exiting China’s Canal Deal
The agreement was set to expire in a couple of years, but could be terminated early. U.S. Secretary of State Marco Rubio met with Panama’s President Jose Raul…
Read MoreEnergy Department Resumes LNG Export Reviews Reserving Pause
The acting energy secretary has instructed a realignment of the fossil energy and carbon management office’s evaluations. The Department of Energy (DOE) has lifted the pause on reviewing…
Read MoreEnergy Department Releases Report on LNG Exports
Officials say energy prices will increase if the U.S. eases LNG exports. The Department of Energy (DOE) released its report on liquefied natural gas (LNG) exports after President…
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DOJ Charges Two Executives for Exporting U.S. Technology to Russia
E-commerce website sold millions of U.S. products to Russian customers. The Department of Justice (DOJ) unsealed criminal charges against two Virginia executives this week, accusing them of selling…
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DOJ Indicts Salesman for Transporting U.S. Mining Drills to Iran
The business circumvented licenses by claiming drills were meant for Iraq. A federal jury convicted a salesman based in the Middle East of conspiring to sell U.S. products…
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Former Laser Welding Salesman Indicted for Illegal Exports to Russia
He was charged with falsifying records to sell products to a Russian government supplier. A former laser welding machine salesman had been indicted in a federal court of…
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Commerce Department Adds Six Companies to Restricted Trading List
The agency determines the companies cannot be trusted to safeguard U.S. technologies. The U.S. Department of Commerce recently added six companies to the U.S. trade restriction list, four of…
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