Oil prices jump after Strait of Hormuz setbacks
Oil prices are up around 6% Sunday evening after the weekend brought fresh escalation of the U.S.-Iran conflict.
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Green Groups’ 600+ Lawsuits Are Driving Up Energy Costs
As the Trump Administration meets with oil and gas CEOs to discuss lowering gas prices, there’s a growing question that can’t be ignored: Who is working just as aggressively to stop it?
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Chevron’s Supreme Court win offers oil industry easier path to friendlier courts
A Supreme Court ruling Friday could make it easier for federal contractors and other private parties to move lawsuits against them to federal court, delaying proceedings and securing venues they see as more favorable to their arguments.
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Leaked memos show Supreme Court ignored climate dangers in Obama regs fight
When the Supreme Court blocked President Barack Obama’s signature climate regulation a decade ago, conservative justices were worried about the cost to industry, according to private memos reported by The New York Times.
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China Revives Coal-to-Gas Megaproject as War Disrupts Global Energy Flows
A project for the conversion of coal to gas in China has been revived and is set to launch this year as the world’s top energy importer grapples with the fallout of the war in the Middle East.
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Iran doubles down on closing Strait of Hormuz as ceasefire nears expiration
CAIRO — Iran doubled down on its pledge to restrict ships passing through the Strait of Hormuz as long as the U.S. blockade of Iranian ports remains in place, as mediators scrambled to extend the ceasefire set to expire on Wednesday.
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Gas industry leader says the time for permitting reform is now
MORGANTOWN, W.Va. — The price of oil has shot up and bounced around in near-record territory since the start of conflict in the Middle East, while natural gas prices have hit a seven-month low.
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Iran declares Strait of Hormuz completely open to commercial ships during Israel-Lebanon ceasefire
Iran on Friday declared the Strait of Hormuz completely open to commercial traffic during the ceasefire between Israel and Lebanon.
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The Iran war created a global natural gas shortage — a windfall for U.S. companies
HOUSTON – Troubles in the Strait of Hormuz continue, with the U.S. now imposing a naval blockade on Iranian ports.
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Strait of Hormuz blockade hurts Iran’s economy, threatens to spike energy prices
The U.S. blockade on the Strait of Hormuz has effectively shut down trade to and from Iran’s ports, cutting off an estimated 90 percent of the Middle Eastern country’s economy as the Trump administration looks to get Tehran back to the negotiating table, according to military officials.
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