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Hill Republicans worry high gasoline prices will linger

A memorandum of understanding is supposed to reopen the Strait of Hormuz, a global oil trade chokepoint, during more negotiations on Iran’s nuclear program and other issues.

Georgia nuclear power plant cleared for 80-year operating life

The two boiling water reactor units at Georgia Power’s Edwin I Hatch plant have been cleared by the regulator to operate until the mid-2050s.

How the Iran war energy crisis defied expectations

With large-scale oil shipments potentially resuming soon, let’s take stock of how the energy shock has bucked conventional wisdom.

IEA sees significant 2027 oil surplus after Hormuz recovery

LONDON, June 17 (Reuters) – The oil market will move into a significant supply surplus in 2027 after recovering from the closure of the Strait ‌of Hormuz, the International Energy Agency said in its monthly...

U.S. oil stockpile falls to 43-year low

The U.S. oil stockpile is at its lowest level since July 1983, when the country was still just building up its energy supply.

Federal government finalizes $1.6B loan for DTE in Michigan

The U.S. Department of Energy has finalized a $1.6 billion loan to DTE Gas that federal officials say will help modernize Michigan’s natural gas system and lower costs for customers. According to the department, the...

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