Energy
Oil disruption fears in the Middle East are getting real after reports of an Israel strike on Iran
Markets have been on edge since over fears of a widening of the conflict in the Middle East — a major oil-producing region.
Russia has finally admitted Western sanctions are hitting its oil exports
Secondary sanctions are spooking global banks, as some of them turn away from doing business with Russia.
AI execs who urgently need more energy to power their tech revolution are turning to fossil fuels
The Wall Street Journal reported that one question loomed at an annual energy conference in Houston: How to power the AI boom?
Billionaire Gautam Adani got rich off coal. Now his company is building a green energy plant the size of Chicago.
The sprawling solar and wind energy plant will generate enough electricity to power 16 million homes in India.
A Bill Gates company is about to start building a nuclear power plant in Wyoming
TerraPower CEO Chris Levesque told The Financial Times it plans to start work on a site in Wyoming in June even if it hasn't got a permit by then.
A devastating fried chicken shop explosion in China has killed 7 people and injured 27 others, the authorities say
The fireball blast has seized national attention in China, and attracted controversy after frontline staff were seen pushing local reporters away.
America has descended into a new Red Scare
China is opening a battery plant in Michigan. Locals say it's a plot to overthrow America.
ChatGPT is probably using up more than half a million kilowatt-hours of electricity to respond to some 200 million requests a day
An average US household is using around 29 kilowatt-hours of electricity while ChatGPT is using more than half a million, The New Yorker reported.
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Russia played a card that nearly doubled its energy revenues in February
Russia — an energy giant — has managed to circumvent Western sanctions, most recently by activating a price-floor mechanism.
Researchers just discovered a massive 'jacuzzi bubbling with almost pure hydrogen' — a lucrative source of clean energy
There's a massive reservoir of hydrogen buried deep within an Albanian mine that could be a key source of clean energy.
A methane well that leaked for 6 months has released a year's worth of emissions for 791,000 cars: report
The well leak, which lasted from June to December 2023, is estimated to have released 140,000 tons of methane into Earth's atmosphere.
The 3 big reasons Americans are suddenly psyched about the economy
The vibecession is over: Americans are suddenly much more confident that the economy is doing better and less scared of a recession.
Africa's richest person just opened a $19 billion oil refinery to help Nigeria reduce fuel imports
Aliko Dangote, founder of the Dangote Group, wants to help oil-rich Nigeria to reduce fuel imports and become self-sufficient.
Russia's dark fleet of ships kept its oil exports strong. But 2 recent incidents in the Red Sea highlight the risks of that strategy.
Iran-backed Houthi rebels targeted a Panama-flagged tanker transporting Russian oil last week, likely "mistakenly," according to a UK security firm.
The Red Sea attacks appear to be hurting traders and suppliers across the globe — but Russia's oil trade with India is still booming
Russian oil cargoes typically sail through the Red Sea before reaching India and this remains the preferred route, per S&P.
The Red Sea attacks are throwing supply chains into chaos — but US oil exports appear to be benefiting from them
Oil buyers are choosing to not reroute ships from the Red Sea, but to buy from the US instead, according to an analyst.
America's plan to replace gas guzzlers with electric cars was doomed from the start
The sudden slowdown in electric car sales is a symptom of a much uglier problem.
Russia has managed to divert most oil exports from Europe to India and China, getting around sanctions, says a top official
Europe's share of Russian oil and petroleum exports has fallen to 4% to 5% from nearly half.
One country dominated clean energy growth this year, and it isn't the US, UK, or Germany. It's China, by a landslide.
The world added renewable energy at breakneck speed in 2023, a trend that if amplified should help Earth prevent severe warming and its effects.
Russia wants to topple dollar dominance, but it isn't even able to deliver oil to India with alternative currencies
A Rosneft unit selling Sokol oil in Russia hasn't been able to open a bank account in the UAE to accept dirham payments.
The Biden administration unveiled its hydrogen tax credit proposal, estimated to deliver $140 billion in revenue and 700,000 jobs by 2030
Biden administration officials estimate the hydrogen production credits can deliver $140 billion in revenue and 700,000 jobs by 2030.
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2 nuclear reactors that can power 1 million US homes with clean, sustainable energy is $21 billion over budget and years behind schedule
The first new American reactors built from scratch in decades can each can power 500,000 homes and businesses without releasing any carbon.
BP ex-CEO loses $40 million over relationships with colleagues
BP's ex-CEO Bernard Looney will lose more than $40 million in compensation after the board said he'd committed "serious misconduct."
Texas found startling amounts of a cancer-causing chemical in the air outside Houston. Nobody told the residents.
Texas regulators documented startling amounts of benzene in Channelview, near Houston. Instead of solving the problem, they allowed a benzene polluter to expand.
Millions of Americans will soon be able to turn their roofs into a lucrative side hustle
The boom in solar panels means people can sell their renewable energy to others instead of relying on large utilities.
China's bragging about being the first to build a next-generation nuclear reactor. Here's how it compares to reactors in countries like the US, Japan, and Russia.
The Shidaowan reactor isn't the world's most powerful by far, but it comes with a new capability that solves a massive problem for China.
The UAE planned to use the global climate summit it's hosting as a chance to strike new oil and gas deals, BBC report says
The UAE reportedly planned to discuss liquefied natural gas projects with Chinese delegates.
Finns could be paid to use electricity tomorrow after a massive energy trade screw up
Finns were told to curtail sauna usage as energy prices spiked due to the war in Ukraine. Tomorrow, they may be paid to sweat after a huge electricity bid mistake cut prices nationwide.
America's greenest state is deep deep red
Texas turns out to be the king of clean energy. But it may be about to lose the crown.
Trump is wooing oil and gas tycoons to financially support his 2024 campaign, report says
Donald Trump is reminding oil and gas executives that he weakened key environmental regulations and opened up drilling on public land.
A blistering bull run is underway in the market for uranium
A boom in nuclear energy has triggered soaring demand for uranium, pushing prices sharply higher amid a global push to reduce reliance on fossil fuels.
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It may be a lot cheaper to heat your home this winter
A majority of Americans may be paying less to heat their homes this winter compared to last winter.
Can hydrogen be green? The debate heats up as the White House pours $7 billion into hydrogen hubs
Hydrogen energy could help the climate crisis. President Biden is pouring up to $7 billion into hydrogen hubs around the country. The goal is to spur production of "clean" hydrogen.
America's electric grid is in shambles. Biden has made the largest federal investment ever to try and fix it.
President Biden announced a $3.5 billion project to strengthen the US power grid by moving to renewables and fortifying it against natural disasters.
The marketing failure that's going to kill us all
Nearly half of all Americans don't view climate change as a major threat. Can a better marketing job persuade them to save the planet?
US oil production just hit an all-time high. 'Millions of people will die,' if this trend continues, a Stanford climate scientist said.
Global carbon emissions are on track to rise through 2050, which could add a trillion more tons of CO2 to the atmosphere and threaten millions of lives.
Israel ordered Chevron to shut down a major natural gas field, which could send prices spiking further just before winter
Israeli natural gas from the Tamar offshore gas platform is exported to Egypt where it is turned into LNG and then shipped to Europe.
Prices are about to soar even higher — and it could trigger a recession
Welcome to America's greased-pig economy. Efforts to control inflation are failing, and it could result in consumer pain and a stock market crash.
BP boss who resigned over undisclosed relationships with colleagues ended his marriage by text message, says ex-wife
Bernard Looney abruptly resigned from BP this week after admitting he failed to disclose relationships with colleagues at the oil giant.
Extremist attacks on US power grids are increasing and election seasons are usually a popular time for them, experts say
Some of these attacks can be traced to right-wing extremism, and one expert says there have been spikes during the 2020 and 2022 election seasons.
On an EV road trip to promote green tech, the US Energy Secretary and her entourage couldn't find enough electric vehicle chargers
Energy Secretary Jennifer Granholm's road trip highlighted a major problem in the push for more electric cars: There are still not enough chargers.
Renewable energy sources kept the Texas power grid mostly stable this summer even as the state broke record after record for power usage
But as the record-breaking extreme heat continues into September and renewable energy decreases, Texas is scrambling to reduce consumption.
A key global oil price zoomed past $90 a barrel for the first time in 2023 — and analysts say it could keep inflation high
Prices spiked because oil giants Saudi Arabia and Russia said they plan to extend the production cuts of 1.3 million barrels a day through December.
The Ukraine War has accelerated research into lithium-ion battery alternatives, including ones made of sand
The lithium-ion batteries used in electric cars are marred by child labor and environmental concerns. Some say plain old sand is the solution.
Europe's plan to wean itself off Russian fossil fuels by 2027 has a major flaw
The bloc is on track to import record volumes of Russian LNG this year to make up for lost piped gas.
The looming crisis that's going to crush homeowners from coast to coast
Catastrophic fires and killer storms have jacked up the price of home insurance by 200% — and the financial turmoil is just getting started.
Ecuador could make history by banning oil drilling in the Amazon
Ecuador voters decide on August 20 whether drilling will continue in an oil-rich area of the Amazon.
US scientists trying to harness the power of the sun have made a 2nd major breakthrough for the future of sustainable, green energy
For the second time, scientists have taken one significant step forward toward a future that runs on clean, sustainable nuclear fusion-powered energy.
A 72-year-old woman in Phoenix got her power cut over a $51 bill when it was 107 degrees — and she died. Her memory is behind efforts to stop future deaths.
Stephanie Pullman died in 2018 after her power was shut off. Even today, advocates say her memory is a warning. Phoenix has hit 110 every day in July.
Who was Lewis Strauss, the villain played by Robert Downey Jr. who tried to frame J. Robert Oppenheimer as a communist?
Strauss levied communist accusations against physicist J. Robert Oppenheimer after years of disagreement over the construction of thermonuclear weapons.