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.
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...
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...
“ARC-ES, introduced in Congress last year by @RepBalderson “would require relevant federal agencies … to review any actions relating to affordable, reliable, or clean energy within 90 days and submit a report to Congress, according to Balderson’s office.”