Oil and gas prices resume rise after Iran attacks production facilities
Oil and gas prices have risen again after Iran carried out attacks on production facilities for the first time since the start of the war with the US and Israel.
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Cuba hit by island-wide blackout as energy crisis deepens
HAVANA — Officials in Cuba reported an island-wide blackout Monday in the country of some 11 million people as its energy and economic crises deepen and its power grid continues to crumble.
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Citing Iran crisis, Trump orders Santa Barbara oil pipeline restart. California will fight it
The Trump administration invoked emergency powers under the Defense Production Act Friday, ordering the restart of the Santa Ynez offshore oil platform and pipeline along the Santa Barbara County coast that was shuttered after a spill released thousands of barrels of crude into the Pacific…
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Oil prices climb despite Trump moves to temper market
Oil prices rose over $3 per barrel Sunday in the first major trading since President Trump's threat to strike Iran's main oil export hub unless Tehran allows tankers through the Strait of Hormuz — and they remained somewhat volatile into Monday.
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War With Iran Could Lead to More Coal — and More Solar
Much of the world is once again asking whether fossil fuels are as reliable as they thought — not because power plants are tripping off or wellheads are freezing up, but because terawatts’ worth of energy are currently stuck outside the Strait of Hormuz in…
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U.S. Energy secretary says no guarantees on oil prices with Strait of Hormuz unsafe
U.S. Energy Secretary Chris Wright said Sunday there is no certainty that oil prices will decline soon as fighting continues around the Strait of Hormuz, a critical shipping route for global crude supplies.
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Trump invokes Defense Production Act, directs oil company to restart California operations
The Trump administration invoked the Defense Production Act to order an oil company to restart shuttered offshore operations in California, saying the move is necessary to address oil supply disruption risks and reduce reliance on foreign crude.
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Solar Scattered, Coal Still Standing
On Tuesday, March 10th, an EF-1 tornado destroyed the Dunns Bridge Solar I and II facilities owned by the Northern Indiana Public Service Company (NIPSCO). The facilities, located outside of Wheaton, Indiana, had 2.4 million solar panels, totaling 700 megawatts (MW) of power capacity, and reportedly cost $1…
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East-West Pipeline Key to Saudi Arabia’s New Oil Export Strategy
As the Strait of Hormuz remains de facto closed for tanker traffic, Saudi Arabia is scrambling to hike its oil exports via the Red Sea route by boosting east-west pipeline flows and accelerating loadings at the Yanbu port on the Red Sea.
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Trump tells Axios there’s “practically nothing left” to target in Iran
President Trump told Axios in a brief phone interview Wednesday that the war with Iran will end "soon" because there is "practically nothing left to target."
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