Trump Orders Oil Sector to Keep Prices Low After Strikes on Iran
President Donald Trump on Monday called on U.S. and global oil producers to keep crude prices from spiking, following coordinated airstrikes on Iran’s nuclear facilities. The strikes targeted key sites…
China Smashes Solar Installation Record
China installed its highest solar power capacity for a single month in May, according to official data, which showed mind-boggling figures that the country installed more solar capacity in a…
Trump administration weighed range of options for oil supply disruptions
Jennifer A. Dlouhy, Bloomberg June 24, 2025 (Bloomberg) – Trump administration officials considered a range of options in case of a major oil supply disruption in the Middle…
Symbolic Missile Attack Calms Oil Markets
Iran fired missiles at a US air base in Qatar after promising it would respond “proportionately and decisively” to President Donald Trump’s weekend airstrikes on three of its nuclear facilities.…
Oil Tankers on Edge in the Strait of Hormuz
After U.S. airstrikes on Iran, some oil tankers did U-turns, paused, or avoided spending even a minute longer than necessary when crossing the Strait of Hormuz—the world’s most vital oil…
EU Commissioner Calls for Strategic Rare Earths Reserve
The European Union needs to create a joint strategic reserve of rare earth elements to avoid supply chain disruptions and economic blackmail from China, Stephane Sejourne, European Commissioner for Prosperity…
Eni Sells 20% in Its $14-Billion Low Carbon Business Plenitude
Eni has signed a deal to sell 20% in its low-carbon energy business Plenitude to Ares Management Corporation in a deal valuing the unit at an enterprise value of $13.8…
Iran Vows to “End This War”
Iran on Monday vowed to retaliate against the U.S. strikes on Iranian nuclear facilities, claiming the U.S. attacks expand the scope for the Iranian military to respond. “Mr Trump, the…
UK Government Promises to Cut Industrial Energy Bills
The Starmer government has promised it would reduce industrial users’ electricity bills by up to 25% from 2027 as part of its energy strategy, due to be released this week.…
Nuada completes CO2 capture pilot and eyes next step
Carbon capture company Nuada has completed the trial of its second pilot plant, Nuada Scout, at the Energy Innovation centre at the University of Sheffield in the UK, and is…
