(Reuters) – U.S. spot natural gas and power prices soared to record highs in the northeastern part of the country as homes and businesses cranked up their heaters to escape an Arctic chill that cut gas output to a two-year low by freezing oil and gas wells and pipes earlier this week. Cash gas prices …
(Reuters) – The largest U.S. regional electric grid on Tuesday reported nearly 18 gigawatts of power plant outages, leaving a region of 67 million people with a thin buffer of power supplies against frigid weather and a forecast for record-breaking winter demand. The PJM Interconnection reported that most of the generation outages are due to …
Power Plant Outages Leave Largest US Regional Grid With Thin Operating Margin Read More »
(Reuters) – Germany must seek new partners in light of a changing global order, the country’s economy minister said on Tuesday, referring to deteriorated relations with the United States that have resulted in painful import tariffs. “The world has become more uncertain, and alliances that we have trusted and relied on are beginning to crumble,” …
Germany Needs New Partners as Global Order Changes, Economy Minister Says Read More »
By Lara Williams Donald Trump’s hatred of wind power continues. In a speech in Davos last week that managed to upset almost everyone, the US president still found time to get in a few trademark digs at renewable energy. “There are windmills all over Europe… and they are losers,” he said, in a strange anthropomorphism. …
America’s Hatred of ‘Loser’ Wind Farms Is Contagious Read More »
By Eric Roston and Brian Kahn A globe at the COP30 UN Climate Change Conference in Belem, Para State, Brazil. Photographer: Mauro Pimentel/AFP/Getty Images The US officially exited the Paris Agreement on Jan. 27. It’s the second time President Donald Trump has pulled out of the pact that commits almost 200 countries to keep global …
How the US Is Abandoning Joint Climate Action Under Trump Read More »
By Emma Sanchez, Dani Burger, and Matthew Miller Baker Hughes Co., one of the world’s biggest oilfield contractors, said it plans to double its data center equipment order target to $3 billion over a three-year period, driven by surging demand for power to run artificial intelligence. The company expects to book roughly $3 billion of …
Baker Hughes Doubles Data Center Order Target to $3 Billion on AI Power Demand Read More »
By Lucia Kassai Chevron Corp. has assembled its largest fleet of vessels in almost a year to ship Venezuelan crude, after the US moved to exert control over the country’s oil sector following the capture of leader Nicolas Maduro. The oil major, which holds a license to export US-sanctioned crude, sent 15 vessels this month …
Chevron Amasses Largest Fleet in Almost a Year to Ship Venezuelan Oil Read More »
Democrats shouldn’t be afraid to take more aggressive actions on clean energy, former Energy Secretary Jennifer Granholm said. By Michelle Ma and Mark Chediak President Donald Trump’s scorched-earth approach toward renewable energy can offer inspiration for a future Democratic administration looking to retake the initiative to cut emissions, according to Jennifer Granholm, energy secretary under …
What Democrats Can Learn From the Trump Energy Playbook Read More »
(Reuters) – Surging natural gas prices in the U.S. and Europe have dominated energy market attention so far this year, but several sector stocks that have hit multi-year highs likely encapsulate the broader themes driving energy investing in 2026 as a whole. A slew of North America-listed firms – including the makers of grid components, …
Six High-Flying Energy Stocks Catching Investor Interest in Early 2026 Read More »
(Reuters) – The head of Abu Dhabi National Oil Company (ADNOC) said global oil demand will remain above 100 million barrels per day through 2040, while demand for both liquefied natural gas (LNG) and electricity will grow by 50% or more. Managing Director and CEO Sultan Ahmed Al Jaber told the India Energy Week conference …
Oil Demand to Hold Above 100 million Bpd Through 2040, Says ADNOC CEO Read More »
