Brent Above $90 As Hormuz Deal Prospects Dim
Brent crude rose above $90 a barrel as prospects for a near-term peace deal to reopen the Strait of Hormuz faded.
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Integration in Natural-Gas Industry Drives Exit Activity
Companies looking to tap new sources of profit are buying businesses from energy-focused fund managers.
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Gulf States Are Drilling Through the War. 3 Stocks That Are Benefiting.
Middle East countries are ramping up spending on oil and gas projects. How to invest.
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Energy & Utilities Roundup: Market Talk
Find insight on oil futures in the latest Market Talks covering Energy and Utilities.
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This Sprawling Chinese Refinery Is Bankrolling Tehran
Hengli is accused by the U.S. of being a major importer of illicit Iranian crude; the Chinese petrochemical company denies trading with Iran.
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BP, XRG Partner on Venezuelan Offshore Gas Development as Oil Majors Tentatively Return
The companies received an exploration and production license that could give them access to an estimated 4 trillion cubic feet of recoverable gas.
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Rick Perry's Fermi Finally Finds a Customer for Its Giant Texas AI Power Bet
The startup, which went public in a splashy IPO last year, also named a new CEO following months of legal and C-suite turmoil.
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Elon Musk, the World's Most Famous EV Pioneer, Leans Into Fossil Fuels
SpaceX is planning a Texas natural gas plant to power a new chip facility, while gas turbines are already being used for campuses in Tennessee and Mississippi.
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AI's Biggest Energy Impact Might Be in the Oil Patch, Not the Data Center
Plus: China's surging clean-tech exports, lithium-free batteries, Strategic Petroleum Reserve shrinks below 300 million barrels.
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Orsted Says All Projects on Schedule After Impairments Hit Profit
Higher taxes and increases in long-dated U.S. interest rates-as well as last year's gains on asset sales-hurt profit.
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U.S. Crude Oil Stockpiles Post Unexpected Build
Commercial crude oil stocks excluding the Strategic Petroleum Reserve rose by 17.4 million barrels to 424.4 million barrels in the week ended Aug. 7 and were about 2% below the five-year average for the time of year, the EIA said
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Energy Startup Raises $750 Million for Rust-Powered Batteries
Form Energy's fundraising has surpassed $2 billion for batteries that can continuously run for 100 hours.