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EU Locks In Plan To Triple Energy Storage Capacity By 2030
Europe desperately needs an energy storage revolution. As the region gets rocked by the third energy...
Oil Traders Stay Bearish Despite Deepening Middle East Disruptions
Despite continued hostilities in the Middle East and an expansion of the war to the Red Sea, oil tra...
S&P closes at record high as soft jobs report eases rate-hike concerns
STORY: U.S. stocks rallied on Friday, with the Dow gaining more than a quarter of a percent, the S&P...
Nigeria Targets Record 3 Million Bpd Oil Output by 2030
Nigeria is set to ramp up crude oil production to 3 million barrels per day by 2030, according to the country’s upstream regulator, which says reforms aimed at accelerating investment and reducing pro ...
Houthis Declare Naval Blockade on Saudi Arabia as Red Sea Crisis Deepens
Yemen’s Iran-aligned Houthis declared an immediate naval blockade on Saudi Arabia on Monday, Reuters reported, bringing the U.S.-Iran war officially to the southern entrance of the Red Sea and threate ...
U.S. Gasoline Prices Climb Back Above $4 Per Gallon
The national average price of gasoline in the United States topped $4 per gallon once again on Monday following the crude oil price rally of the past week amid the renewed hostilities in the Middle Ea ...
Brent Briefly Breaks $90 After Fresh Iran War Escalation
Brent Crude prices briefly hit $90 per barrel in Asian trade on Monday as the Middle East conflict continued to escalate with fresh U.S. strikes on Iran and Tehran targeting American bases in the regi ...
India’s Crude Oil Import Bill Soars 60% as Iran War Drives Prices Higher
India paid 60% more for crude oil imports in the April-June quarter compared to the same period last year, as the surge in oil prices couldn’t offset slightly lower import volumes. The value of India’ ...
China’s Fuel Oil Exports Hit 2026 High as Shipping Demand Rebounds
China exported 577,000 barrels daily of fuel oil last month, which was the most since the start of the year and an 18% increase from June 2025, Reuters reported today, citing official customs data. At ...
Gulf Oil Exports Briefly Recovered to Pre-War Levels Before Latest Escalation
Crude oil and condensate exports from the Persian Gulf rose to pre-war levels in the first half of July, data from Kpler and Vortexa shows, as cited by Reuters, reaching between 12 and 13.6 million ba ...
Europe's Heatwave Is Becoming an Energy Crisis
The intense early summer heatwave in Europe is warming the biggest rivers and drying up their water levels, disrupting energy deliveries, power generation, and key supply chain routes. The heatwaves i ...
What Is a Microgrid? How They Work and Why They're Suddenly Everywhere
When Hurricane Maria flattened Puerto Rico's power grid in 2017, one building in the mountain town of Adjuntas never went dark. Casa Pueblo, a local environmental group, had already wired its headquar ...
Canada Unveils New Pipeline to Cut Reliance on U.S. Oil Routes
A new oil pipeline could connect eastern and western Canada as the oil-rich country seeks to become more self-reliant and reduce its energy dependence on the United States. However, not everyone is in ...
U.S. Scientists Tap Seawater to Break China's Rare Earth Monopoly
Competition for critical minerals used in the energy, manufacturing, and tech sectors is heating up to be a major geopolitical flashpoint around the world. The supply chains for essential ingredients ...
Oil and Gas Employment Hits a 2026 Low Even as Production Sets Records
Chevron is cutting up to 9,000 jobs this year. That's a fifth of its global workforce, gone, while it digests the $53 billion Hess deal. ExxonMobil trimmed 2,000. BP shed more than 5 percent of its st ...