energy News
Trump Administration Reopens 10 Million Acres in Alaska to Oil Drilling
The move reverses a Biden-era rule, aiming to expand domestic energy production and drawing immediate praise from industry and criticism from environmental groups.
Enbridge Approves $1.4B Project to Boost Oil Flow to U.S.
The investment in its Mainline system will add 250,000 barrels per day of capacity by 2027, signaling a long-term bet on sustained North American energy demand.
Energy Stocks Climb as Black Sea Port Attack Sparks Oil Supply Fears
A Ukrainian drone strike on Russia's Novorossiysk terminal has reportedly halted exports, pushing crude prices up nearly 2% and overshadowing global demand concerns.
Kodiak Gas Services Slips as EQT Sells $336 Million Stake
The gas compression firm plans to repurchase 1 million shares as its private equity backer continues a gradual exit, selling 10 million shares at $33.60 apiece.
IEA Upends 'Peak Oil' Narrative in New Long-Term Demand Forecast
In a significant reversal, the energy watchdog's latest outlook includes a scenario where oil demand grows until 2050, bolstering prospects for the fossil fuel industry.
TotalEnergies Inks 15-Year Solar Deal to Power Google's Ohio Data Hubs
The agreement marks a significant step in the French energy major's renewables pivot and supports Google's growing 'Silicon Heartland' operations.
Oil Sector Eyes California Prize on Trump's Offshore Drilling Plan
Proposal to open drilling off the California coast for the first time in decades ignites a clash with the state and presents a potential windfall for energy producers.
Solar Developer Bankruptcy Shakes Sector Amid Policy Shock
Pine Gate Renewables files for Chapter 11, citing financial strain from new legislation that threatens to curb green energy tax credits and investments.