Energy
Oil, gas, power, renewables and the energy transition.
354 articles
Batista Brothers Acquire Stake in Venezuelan Oil Venture as Sanctions Ease
The Batista family’s Fluxus Oil & Gas has taken a 49% share of the Petrolera Roraima joint venture with PDVSA, betting o...
Trump Threatens to Destroy Iranian Bridge or Power Plant per Hormuz Ship Attack
US President says retaliation will target civilian infrastructure including in Tehran, risking wider war and disruption ...
QatarEnergy extends LNG force majeure to mid-October, squeezing global supply
The Qatari state giant is telling Asian and European buyers to brace for further shipment cancellations through mid-Octo...
Brent Hits $95 as Dual-Strait Crisis Shakes Oil Trade Routes
Brent crude surged 4.2% to nearly $95 a barrel after U.S. strikes on Iran and Houthi threats against Saudi shipments rai...
Pentagon Says US War in Iran Has Cost $37.5 Billion as Oil Shipping Faces Houthi Blockade Threat
Rising war costs and a Houthi naval blockade are disrupting tanker traffic through the Strait of Hormuz, putting oil pri...
DOE, Labor Dept. Forge Pact to Bring AI and Automation to U.S. Mines
A five-year MOU aims to deploy cutting-edge tech in mining to improve safety, secure critical mineral supplies, and revi...
Energy Secretary Orders Backup Power to Avert Blackouts in Central U.S. Amid Scorching Heat
The Department of Energy authorized the Southwest Power Pool to dispatch emergency generation and backup resources throu...
Afreximbank’s $200m Shoreline Power Deal Powers Algeria Oil Expansion
The African Export-Import Bank has structured a $200 million financing package for Nigerian-owned Shoreline Group, enabl...
China Slashed Iranian Oil Imports by 40% as US Sanctions Bite, Bessent Says
U.S. Treasury Secretary Scott Bessent said Chinese refineries cut Iranian crude purchases sharply after Washington impos...
Colorado River Hydropower Output Plummets as Data Center Demand Surges, Setting Up Cost Crisis
The Wayne N. Aspinall Unit is producing nearly 30% less power than its historic average, while federal regulators fast-t...
Russian Fuel Market Partially Stabilises After Government Intervention, Novak Says
Deputy Prime Minister Alexander Novak announced signs of stabilisation in Russia's fuel market, citing reduced queues an...
With Hormuz Blocked, Iraq Trucks Oil Through Syria to the Mediterranean; U.S. Discusses Pipeline Reactivation
As conflict shutters the Strait of Hormuz, Iraq has turned to truck convoys across Syria to export fuel oil, reshaping M...
Kazakhstan Slams Drone Strikes on CPC Oil Tankers as ‘Economic Assault’
Kazakhstan’s foreign ministry condemned a Ukrainian drone attack on two tankers loading CPC oil in the Black Sea, callin...
Sevastopol Restores Power to All Consumers After Prolonged Outages
The city’s grid operator has lifted all electricity supply restrictions following weeks of rolling blackouts caused by i...
Kazakhstan Warns of Oil Export Damage After Drones Strike Black Sea Tankers
The Kazakh foreign ministry condemned drone attacks on tankers loading its crude at the CPC terminal in Novorossiysk, ca...
From Raw Ore to Battery Packs: ASEAN's Industrialisation Drive Takes Shape
An upcoming conference in Malaysia signals the region's shift from extracting raw minerals to building a full battery va...
Trump Hails Reports Burnham May Allow North Sea Drilling, Shift in UK Energy Policy Eyed
Donald Trump claimed Aberdeen would celebrate after reports that incoming UK Prime Minister Andy Burnham could back more...
Pipeline Blitz Could Cut Strait of Hormuz Oil Reliance to 25% by 2028
A rapid build-out of Mideast pipelines is set to slash global dependence on the contested Strait of Hormuz, with Goldman...
Trump Endorses Burnham's North Sea Oil Push, Slams Wind Imports
US President Trump hailed incoming UK PM Andy Burnham's plan to revive North Sea drilling, calling it a lifeline for the...
Tokyo City Hall Permits Shorts in Offices as Cool Biz Campaign Expands
Tokyo’s municipal government has formally allowed male employees to wear shorts and T-shirts, extending the Cool Biz sch...
Alberta's Proposed 1M-BPD West-Coast Pipeline Needs Barrels That Don't Exist
Regulator forecasts show oil-sands output growing only 560,000 bpd by 2034, leaving the proposed new line nearly twice t...
Honduran Fuel Price Spike Rekindles Household Austerity as Middle East Unrest Hits Imports
A new wave of gasoline and diesel price increases triggered by geopolitical turmoil forces Honduran consumers and busine...
Iran’s $6 Billion Crude Export Boom Exposes Sanctions Policy Volatility
New data reveals Iran swiftly exported about 70 million barrels of oil worth up to $6 billion during a brief U.S. licens...
Could Clean Energy Affordability Become a Winning Political Message and Economic Game Changer?
A new advocacy piece argues that positioning clean energy as the centerpiece of an affordability agenda could reshape U....