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Real-time News
July 2nd - On July 1st, the National Energy Administration held a special meeting in Beijing on the exploration and development of deep coalbed methane. The meeting emphasized that ensuring national energy security should be the core task, and that the exploration and development of deep coalbed methane should be vigorously promoted to continuously strengthen the foundation of energy supply. The meeting stressed the importance of implementing relevant plans. The "15th Five-Year Plan" for coalbed methane (coal mine gas) development and utilization and the action plan for increasing reserves and production in key areas were issued and implemented, detailing tasks to each enterprise and coalbed methane block, increasing investment in exploration and development, and accelerating the construction of key projects.According to Saudi Arabias Al Arabiya TV, sources say the next round of talks between the United States and Iran will be held on July 18.Italian oil company Eni: RH3OVA provides a one-stop service covering the entire life cycle of fusion fuel, including from early feasibility studies to project deployment and operational support.Italian oil company Eni: The UK Atomic Energy Authority (UKAEA) has formed a joint venture with Eni to provide capability support for the fusion energy industry. The joint venture, RH3OVA, will provide professional consulting and operational services to the evolving global fusion energy industry.On July 2nd, Democratic Senator Elizabeth Warren demanded that Federal Reserve Governor Mark Waller halt his efforts to comprehensively reform the operations of the Feds 12 regional branches. Warren stated that Wallers proposed reform plan appears to be inconsistent with federal law and suggests it could undermine the Feds independence. While Waller, as chair of the Federal Reserve Boards Committee on Federal Reserve Banking, possesses certain oversight powers, the regional branches are established as highly autonomous entities capable of controlling their day-to-day operations. Warren stated, "This is less a serious Fed reform plan and more like a carefully crafted scheme to appease President Trump, who wants more power over the regional branch presidents. I urge you to immediately halt this plan and provide Congress with more information."
