Russian Energy Giant Gazprom Signs Memorandum to Supply Gas to Iran

Russian energy giant Gazprom has signed a memorandum with the National Iranian Gas Company to supply Russian pipeline gas to Iran. This partnership aims to enhance Iran's natural gas business, which has been hindered by U.S. sanctions.

Global Energy Industry News

The Reuters Power Up newsletter provides comprehensive information on the global energy industry, covering topics such as oil drilling restrictions in Alaska, concerns over Middle East tensions, and market reactions to geopolitical events.

National Security and Climate Change Lawsuit in Hawaii

Two former Joint Chiefs of Staff chairmen argue that oil and gas products are critical to national security in a legal brief regarding a case in Hawaii where activists are calling for energy companies to pay damages for climate change. They warn that a decision against the companies could have massive repercussions on national security and foreign policy.

Biden Administration's Energy Management

Biden Senior Adviser for Energy and Investment Amos Hochstein discussed the Biden administration's management of the energy transition by ensuring lower prices and highlighted the U.S.'s role as a major oil producer and natural gas exporter while attracting investments. Allies are impressed with the U.S.'s approach to energy transition and investment.