Exxon Mobil CEO says natural gas can meet surging data center demand on a faster timeline than nuclear power
3 min read
One of the world's biggest oil companies is cutting thousands of jobs
BP is cutting 4,700 jobs and 3,000 contractor roles as part of a drive to "simplify and focus" the oil giant, it said on Thursday.
2 min read
Gazprom, Russia's energy giant, is discussing a 40% cut to its HQ staff as the war keeps Moscow cut off from Western customers
Gazprom's board is proposing that about 1,600 managers and administrators be cut from its headquarters at St. Petersburg, citing recent challenges.
3 min read
The US keeps hitting Putin's war chest with energy sanctions. The impact goes beyond Russia.
China and India may seek oil from other regions, while Russia might offer discounts.
3 min read
A European region shut down swathes of its economy after Russian gas stopped flowing from Ukraine
Industrial production has screeched to a halt in Transnistria, a breakaway region of Europe, after Russian gas flows through Ukraine came to an end.
3 min read
A European region has no heating after Russian gas stopped flowing via Ukraine. An energy supplier told families to gather in one room to stay warm.
Russian natural gas has stopped flowing to Europe via Ukraine after a five-year transit contract expired.
3 min read
Russia just lost a multibillion-dollar income stream
Even while at war, Ukraine piped Russian gas to Europe. Moscow earned an estimated $5 billion in 2024, while Ukraine raked in up to $1 billion in fees.
3 min read
Russia's economy is set to lose another source of income that Ukraine controls
Russia's natural-gas transit deal with Ukraine is set to expire soon, which would cut billions in revenue.
3 min read
Russia may deploy warships to escort its shadow fleet of oil tankers, Denmark warns
The Danish Defense Intelligence Service warned that such deployment would "increase the level of tension."
3 min read
The Hanford Site is America's most contaminated nuclear location. See photos of its long, toxic past.
Experts have said the Hanford Site in Washington is an underground Chernobyl waiting to happen. Here's what the most toxic area in America is like.
17 min read
A severe oil spill shows the dangers of Russia's dark fleet
The Volgoneft 212 and Volgoneft 239 vessels were damaged during a heavy storm on Sunday.
3 min read
A key pillar of Russia's wartime economy could soon be taking another hit
Oil demand is down while supplies are ample — which allows the US to tighten energy sanctions against Russia without a surge in prices.
3 min read
AI power usage is growing so fast that tech leaders are racing to find energy alternatives
There's no AI revolution without an energy revolution, according to leaders in the AI industry.
4 min read
Kansas county sues ExxonMobil and Chevron alleging 'false' claims about recyclability of plastics
Ford County, Kansas, has sued a group of nearly a dozen companies accusing them of "false representations" regarding the recyclability of plastics.
3 min read
AI is both a new threat and a new solution at the UN climate conference
Nuclear energy could be the long-term solution for the energy demands of AI. In the short-term, though, AI companies may turn to oil and gas.
3 min read
Germany banned Russian gas from its ports, the latest move to isolate Putin's energy industry: report
Deutsche Energy Terminal has been sent a letter by the German economy ministry telling it to reject Russian LNG, according to The Financial Times.
3 min read
Russia's lucrative oil and gas industry is an easy target for Europe after Trump's election victory
The European Commission's president said the European Union could boost US liquified natural gas purchases in a deal with Trump.
3 min read
Traders betting against clean-energy stocks have made $1.3 billion since Trump's election win
Renewable-energy stocks have tumbled since Trump won the election as markets eye the potential for the president-elect to roll back green-energy policies.
2 min read
Investment is pouring in as the hype around nuclear fusion grows
High-profile tech leaders are betting on nuclear fusion technology becoming a reality in the next decade — or less.
3 min read
My homeowner nightmare
I finally caved and got solar panels. It turned out to be a huge mistake.
9 min read
China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now
On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher profits.
3 min read
Founder of new commodities exchange explains how it can fuel the green energy transition
The founder of Abaxx, a new exchange for climate-friendly commodities, is hoping to bring stability to the energy transition.
3 min read
Russia says it's the bigger person for not cutting Europe's natural gas supply — but that's not all there is to it
Russia supplied 40% of Europe's gas before the full-scale invasion of Ukraine. It's now down to 15%.
3 min read
Wall Street warms to nuclear power as banks including Goldman Sachs back drive to triple global output by 2050
More than a dozen big banks have announced their support for an effort aimed at tripling global nuclear energy production in the coming decades.
3 min read
Georgia is rich in EV money and jobs
Georgia has received more private investment in EVs and battery manufacturing than any other state, Wells Fargo found.
5 min read
Just the Facts – Energy and the Environment: Steve Ballmer Talks Through the Number
In 2023, the United States produced nearly 22 million barrels of crude oil daily, or around 22% of the global world supply. Watch and get the facts.
9 min read
Bitcoin miners got kicked out of China. Now they're sucking America dry.
Chinese-owned bitcoin mines are popping up in rural towns across the US. And they require massive amounts of American energy.
10 min read
Autry Stephens sold his company for $26 billion but died before the deal was done. Here's how a Texas farm boy became an oil tycoon.
Autry Stephens built Endeavor Energy into one of the biggest private oil producers and sold the company this spring, but died before the deal closed.
4 min read
How Brazil dominates sugar production without burning fields
Sugarcane farmers in the US burn their fields to speed up harvests. Brazil is ending sugarcane fires, due in part to its growing ethanol industry.
1 min read
An oil tycoon sold his company for $26 billion this year — but died before the deal closed
Autry Stephens struck a deal for his Endeavor oil company that would have made him one of the world's 100 richest people, but he died last week.
2 min read
The US is sending less natural gas to Europe, complicating Europe's plans to cut off Russian gas
Last year, Europe still imported about 15% of its total gas supply from Russia, with about 9% coming from pipelines and 6% as liquid natural gas.
3 min read
This new technology for nuclear power could help fuel the AI revolution
Swiss startup Transmutex has pioneered a way to both reduce nuclear waste and increase energy output. It could power a new fleet of AI data centers.
4 min read
Bill Gates says nuclear power has 'impressive' bipartisan support
Bill Gates and other tech leaders are promoting nuclear energy as a clean solution to the country's power needs, especially as AI development amps up.
2 min read
A key Russian CEO just highlighted the clash between stabilizing the economy and growing business in wartime
The country's top central banker, Elvira Nabiullina, has hiked interest rates up to 16% to tame inflation.
3 min read
The United Arab Emirates pursued nearly $100 billion worth of oil and gas deals the same year it led the global climate summit, analysis finds
The UAE closed more than a dozen deals to expand its oil and gas footprint at home and overseas, an analysis by Global Witness found.
4 min read
The steampunk technology that could save America's cities
How an underground maze of abandoned pipes can fix the urban doom loop
7 min read
China made so many solar panels that even its own grid can't support all the energy produced
China doesn't have enough storage or transmission capacity for all the solar energy it's producing, Reuters reports.
3 min read
An Ohio power company wants data center firms to pay their fair share of soaring electricity use amid the AI boom
AEP Ohio proposes new tariffs for data centers amid a historic spike in electricity consumption in central Ohio's fast-growing cluster.
4 min read
Ukrainian attacks on Russian oil refineries may be proving the Biden administration wrong, experts say
Defense Secretary Lloyd Austin said in April that attacking Russian oil refineries risked impacting global energy markets.
3 min read
A centuries-old Japanese ceramics maker has found itself at the center of the AI revolution
Maruwa, which builds ceramics for circuit boards and semiconductors, has seen its shares double over the past year.
2 min read
Saudi Arabia's oil giant boss speaks up for China, saying its massive production of solar panels and EVs helps affordability
The comments come as the West has stepped up criticism of China's dumping of cheap green products on the global markets.
4 min read
Oil prices aren't the Fed's biggest problem right now — American demand is, says an economist
The attack on Iran on Friday isn't as important for US inflation as domestic demand, said an economist at a private Swiss bank.
2 min read
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.
2 min read
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.
2 min read
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?
2 min read
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.
2 min read
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.
3 min read
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.
3 min read
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.
18 min read