energy


Trump Pushes To Reopen California Coast To Offshore Drilling

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California Governor Gavin Newsom, coastal states, and environmental groups vow legal and political resistance, calling the plan dangerous and "dead on arrival"...


Kazakhstan Angrily Calls On Ukraine To Stop Black Sea Oil Terminal Attacks

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Forced to temporarily change export route after naval drone attack on Novorossiysk.


Hungary's Orban Seeks More 'Cheap' Russian Oil & Gas In Warm Meeting With Putin

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Putin shakes hands with the man he knows as "Europe's voice of reason"...


Japan Power-Producers Stage Return On Nuclear Hopes

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As the rally in AI-linked stocks show signs of waning, Japanese power companies are regaining momentum on expectations that more nuclear reactors will be allowed to restart under Prime Minister Sanae Takaichi.


Sanctioned Russia-Bound Oil Tanker At Risk Of Sinking After Mine Strike

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Reports that two tankers may have suffered near-simultaneous blasts off Turkish coast...


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Wall Street Warns Of A Deepening Oil Glut In 2026

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Executives warn U.S. shale will stagnate or decline if WTI stays in the $50–$60 range...


Drone Strike Hits Major Iraqi Kurdistan Gas Field, Plunging Region Into Darkness

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Central government condemns "treacherous terrorist" attack...


"Access To Power" Has Become "Access To Energy"

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As of mid-October, the US data center pipeline reached 245 GW of planned capacity, driven by a handful of enormous, speculative projects


JP Morgan Says Oil Prices Could Plunge Into $30s By 2027

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The oil market is set to rebalance in 2027 as 2026 will see "the last big oil supply wave the market has to work through"...


WTI Steady Near One-Month Lows Amid Peace Deal Talk, Record Crude Production

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Goldman said a peace deal may shave off about $5 a barrel from its base-case forecast of $56 next year...


US Export-Import Bank To Spend $100 Billion To Secure Critical Minerals, Nuclear & LNG Supply Chains

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The first tranche of deals will include projects in Egypt, Pakistan and Europe...


UK Greenlights First Rolls-Royce SMR Project Despite US Pushback

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Despite diplomatic friction, the UK says SMRs will anchor a domestic nuclear revival and leave room for future collaboration with U.S. developers...


"This Is A National Emergency" - US Govt To Buy 10 Large, New Nuclear Reactors

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"We’re trying to decide where to put them"


Army Announces Next Steps On Janus Program For Next-Generation Nuclear Energy

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As part of next steps for its next generation Janus Program, the Department of Army said it has selected nine installations for consideration in which to site microreactor power plants


Surprise Crude Draw Stabilizes Oil Prices After Early Plunge On Russia Peace Talk Headlines

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...after API reported a big crude draw, official data showed a large build (but Cushing stocks remain near 'tank bottoms')...


Syria Has Put A Big Western Flag In Its Gas Patch, Less Than Year After Assad Overthrow

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Signs memorandum of understanding with ConocoPhillips...


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Constellation Gets $1 Billion Loan From US Govt To Restart Three Mile Island

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Constellation Energy has secured a $1 billion federal loan from the Energy Department's Loan Programs Office (LPO) to restart the Unit 1 reactor at the Three Mile Island reactor plant in Pennsylvania.


China's Oil Stockpiling Accelerated In October

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China stockpiled crude oil at elevated rates in October, at a daily rate of some 690,000 barrels, up from 570,000 barrels daily in September...


Valar Atomics Achieves Cold Criticality With Project NOVA

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California-based reactor developer Valar Atomics announced the milestone achievement of obtaining criticality under Project NOVA in collaboration with the DOE's Los Alamos National Lab


Electricity Prices Extend Rise, Regulators Rein In Data Centers

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There was no good news this week for those hoping to see relief in electricity prices next year, and more states took steps to put guardrails on data center development.