
Analysis
EU Energy Funding Requests Hit €2.88B for €600M Budget
The EU received 67 cross-border energy funding applications seeking €2.88 billion, nearly five times the €600 million available.

The EU received 67 cross-border energy funding applications seeking €2.88 billion, nearly five times the €600 million available.

DOE authorized a 400,000-barrel SPR exchange to support Phillips 66’s Lake Charles refinery and protect regional transportation-fuel supplies.

DOE plans up to $150 million for U.S. refinery, petroleum storage and logistics projects under Defense Production Act authority.
DOE designated helium as a critical material as semiconductor demand and constrained refining capacity increase supply-chain risks.