Energy

Global gasoline demand growth may half in 2024 due to a return to normal consumption after COVID-19 and a shift to electric cars in China and the US.

Virtus Solis, led by former SpaceX engineer John Bucknell, aims to use SpaceX's Starship for affordable space-based solar power, envisioning large solar arrays in orbit to provide constant energy to E..

Chevron (CVX) and Exxon Mobil (XOM) reported a decline in first-quarter revenue compared to the previous year, citing lower margins on refined product sales, sparking concerns among investors about th..

A group of US solar producers petitioned the federal government to put taxes on imports from four Southeast Asian countries, claiming they threaten the American market...

SunPower announced a mass layoff that would affect thousands of employ...

California achieves a historic feat, powering the grid with 100% renew...

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This milestone aligns with President Biden's goal to make the US power grid carbon pollution-free by 2035, a key initiative in combating climate change and securing energy resources.

A devastating series of Russia's overnight strikes has left the Trypilska thermal power plant in ruins, dealing a severe blow to Ukraine.

Oklahoma sued two Texas natural gas companies for purposefully reducing gas supply during Winter Storm Uri in 2021, raising prices and making huge profits.

Biden admin adjusts EV targets to 35%, balancing industry concerns. EPA's new rules ease the transition, aiming for 50% emissions cut by 2032 amidst environmental and economic considerations

Sergio Massa, Argentina's Economy Minister and presidential candidate, has warned oil producers of impending export restrictions unless they address fuel shortages.

Despite a 24.7% profit drop, Saudi Aramco reported increased dividends in 2023 and billions of investments to keep Saudi Arabia's economy afloat.

Oil prices surged 2% post-Fed Chair Powell's hints at rate cuts. WTI crude reached $79.73/barrel, reflecting monetary policy's impact on commodity markets.

Russia and China are planning to build a nuclear power plant on the moon by 2035.

Oil prices fell further as the dollar rose on market predictions that inflation will delay US interest rate reductions that have limited global fuel demand growth.

If former President Donald Trump returns to office again, he will reportedly embark on a course to reverse many of the initiatives undertaken by the Biden administration in combating climate change.