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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...
Nato should prepare for deadly Russian ‘hybrid’ attack, says Poland
Foreign minister Radosław Sikorski says risk of casualties is rising as Moscow escalates sabotage ca...
Big Oil Is Betting Billions On Nuclear Fusion
After decades confined largely to laboratories, nuclear fusion is beginning to attract the kind of money and industrial planning normally reserved for technologies expected to make it onto the grid. G ...
The U.S. Power Play in Iraq That Moscow and Beijing Didn’t See Coming
As Russia remains occupied with its war in Ukraine, Iran focuses on defending its territory against U.S. and Israeli attacks, and China maintains its involvement in both conflicts under the bar that w ...
SPR Sinks Toward Operational Minimum as U.S. Crude Inventories Build
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.2 million barrels in the week ending August 21. Analysts had expected a 1.9 million-barrel bu ...
U.S. Refiners Face New Crude Squeeze as Canada Cuts Oil Sands Output
U.S. refineries have been running at full speed for months to make up for lost fuel supply from the Middle East. Fuel exports from the United States have been breaking records. This may be about to ch ...
Uranium Prices Surge as Nuclear Demand Accelerates
Bloomberg's continuous front-month uranium futures contract (UXA1 Comdty) briefly surged above $100 a pound in late January, driven by tightening supplies, renewed government support for nuclear power ...
Satellite Images Show Seven Tankers Loading Iraqi Crude at Once
Seven crude carriers were moored at Iraq’s Persian Gulf export facilities on August 24—a sharp increase from recent weeks. The carriers had a combined carrying capacity of roughly 13 million barrels, ...
Norway’s Troll Gas Expansion Buys Europe Time—But Not New Supply
Norway has started production from the second stage of the Troll Phase 3 development, accelerating 55 billion cubic meters of natural gas from the Troll West reservoir and helping sustain high gas del ...
BLM Sets October Oil and Gas Lease Sale for Montana and Dakotas
The federal government is putting another 3,388 acres of public mineral estate on the auction block for oil and gas development in Montana and the Dakotas. The Bureau of Land Management said it will o ...
The Race to Power AI Is Reviving America's Nuclear Ambitions
The artificial intelligence boom is supercharging the development of next-gen nuclear energy technology. Big Tech and private equity are catalyzing the research and development of cutting-edge approac ...
Oil Prices Fall as Iran Negotiation Hopes Return
U.S. sanctions pressure on Iran intensifies, but Pakistani mediation hopes push Brent back to $89. US Blockade Leaves Iran’s Oil Trade on Borrowed Time - The announcement of the Trump administration’s ...
China’s Top Refiner Seeks Transformation amid Falling Fuel Sales
The world’s biggest oil refiner, China’s state-held Sinopec, is looking to transform its business as domestic fuel sales crumble amid the electric vehicle boom. China Petroleum & Chemical Corporation, ...
Can Trump Isolate Iran Without Triggering a Clash With China?
US sanctions experts say the Trump administration's new campaign to economically isolate Iran could be an effective escalation -- but only if Washington backs its threats with action. US Treasury Secr ...