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IEA warns 2026 oil supply gap will widen on delayed return of normal Gulf flows

LONDON, Sept 11 (Reuters) – Global oil supply and demand look set to fall further ‌than previously expected this year, the International Energy Agency said on Friday, as a lack of progress in ending the...

Saudi Arabia’s oil production slumps to lowest in 36 years as war bites

Saudi Arabia has reported to OPEC that its oil production plunged to its lowest since 1990 last month as the kingdom’s export routes have been squeezed by attacks by Iran and Yemen’s Houthi militia.

Google’s revived nuclear power plant gets $1.9B loan from US government

Last October, Google said it would bring an Iowa nuclear power plant back from the dead. Now the facility’s owner, NextEra Energy, has received a $1.9 billion loan from the U.S. Department of Energy to finance...

Trump: Oil prices ‘will drop precipitously’ after Iran war win

President Trump on Monday said oil prices “will drop precipitously” after the Iran war is won, as Iran seeks to maintain its control of the Strait of Hormuz with a “restricted zone.”

Opinion: If our politicians care about affordability, they will pass permitting reform

In an August national poll, Americans asked to name their top election issue named affordability (“inflation and the cost of living”) more than the other 3 most popular issues combined!1

Solar and wind continue to push coal off the West’s grid

In December 2024, the Biden administration proposed creating two new transmission line corridors to accommodate growing power demand, lower costs and connect underserved communities to the regional grid. These were major projects: One would have...

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