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Two More Oil Tankers Attacked Near Strait of Hormuz
Two more tankers were attacked near the Strait of Hormuz on Sunday, one in Hormuz and the other off ...
Asian shares are mixed and oil prices fall about $1.50 as Trump says US will buy diesel from Russia
BANGKOK (AP) — Asian shares were mixed and oil prices fell about $1. President Donald Trump’s plan t...
‘Worrying omens’ lurk over global economy despite resilient growth
Research for the FT shows major economies are withstanding the Iran shock but concerns about rising ...
China Is Quietly Winning the Clean Energy Trade War
China’s clean energy dominance is growing. Buoyed by the skyrocketing energy needs and future projected demands of the artificial intelligence boom, clean energy projects are getting greenlit at a bre ...
NASA Eyes Moon Base Powered by Solar Panels and Nuclear Reactors
With major plans for space travel, several governments are proposing lunar energy production, including solar and nuclear projects. In May, NASA announced plans to send robotic landers, hopping drones ...
The AI Power Crisis Is Creating a Massive New Market for Fuel Cells
Data center developers are scrambling for reliable power, turning away from congested grids and toward on-site fuel cells. Rystad Energy research and analysis projects a tenfold increase in fuel cell ...
Turkey Pushes Bold Global Plan to Electrify 35% of Energy Use by 2035
Turkey, the host of the UN’s COP31 climate summit, has urged other countries to electrify to support the global green transition. This shift could significantly cut greenhouse gas emissions and reduce ...
The Billion-Dollar Debt Deals Exposing an Oil Giant
Last week, Angola's state oil company, Sociedade Nacional de Combustíveis de Angola (Sonangol), secured a $2.65-billion financing deal with a consortium of international banks to fund the company's op ...
AI Demand, War, and Climate Pressure Push World Back To Nuclear
Global energy markets are in turmoil as energy crises keep piling up. The energy-hungry AI boom, war in Iran, geopolitical instability, and climate pressures are creating a polycrisis for the global e ...
China's Battery Giant Bets Big on Sodium as Lithium Volatility Persists
The world’s largest battery maker is taking a step back from the eclectic vehicles sector to refocus its efforts on energy storage. China’s Contemporary Amperex Technology Co. Ltd. (better known as CA ...
US Drillers Add Oil, Gas Rigs As Hormuz Transit Resumes
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 573 ...
Equinor Pulls Out of Japan’s Offshore Wind Market
Equinor is ending its offshore wind business activities in Japan and will close its Tokyo office by the end of the year as the Norwegian energy major is realigning its non-oil and gas strategy to focu ...
Canada and Japan Consider Joint Critical Mineral Projects to Counter China
Canada and Japan are considering cooperation in critical mineral projects and a potential plan of joint stockpiling of key metals as the two G7 economies look to reduce China’s outsized dominance in t ...
Brent Erases Iran War Premium as Hormuz Flows Show Signs of Recovery
Oil prices tumbled as markets bet Strait of Hormuz disruptions will ease, with Brent down 10% on the week and Middle East crude benchmarks slipping into contango. Friday, June 26, 2026 Whilst ship tra ...
Russia’s Fuel Crisis Is Pushing the Kremlin Toward Kazakhstan
Grappling with a severe shortage, Russia is seeking to purchase a significant volume of gasoline from neighboring Kazakhstan. Astana appears hesitant to fulfill the request, however, apparently concer ...