Oil Prices Jump More Than 5% After Israel Strikes Iran
Oil prices jumped more than 5% on Friday to hit the highest in more than two months after Israel said it struck Iran, raising concerns of escalating tensions in the…
Sunnova Secures $90 Million Lifeline to Support Bankruptcy Sale
By Sunnova Energy International Inc. won court approval to start drawing on a new $90 million bankruptcy loan, funding that will help keep the rooftop solar company afloat while it…
NY State Public Service Commission Approves 29 Power Projects, Valued at $636.2 Million
June 12 (Reuters) – The New York State Public Service Commission approved 29 infrastructure projects worth $636.2 million, enabling 642 megawatts of electrification upgrades, the commission said on Thursday. These…
Trump Says He Won’t Fire Fed’s Powell But ‘May Have to Force Something’ on Rates
(Reuters) – U.S. President Donald Trump on Thursday said he would not fire Federal Reserve Chair Jerome Powell, adding that he “may have to force something” as part of his…
Trump Frustrated About the Recent Rise in Oil Prices
(Reuters) – U.S. President Donald Trump expressed frustration on Thursday that oil prices have risen amid supply concerns from potential conflict in the Middle East. Both global and U.S. oil…
Most G7 Members Ready to Lower Russian Oil Price Cap Without US
G7 country leaders are due to meet on June 15-17 in Canada where they will discuss the price cap first agreed in late 2022. The cap was designed to allow…
NextEra CEO Says Renewables Needed as Bridge to Expanding Gas Power
(Reuters) – Renewable energy sources like wind and solar power are needed to meet rapidly growing energy demand in the United States amid near-term obstacles to increasing natural gas capacity,…
Trump’s Energy Dominance Agenda Could Be Ravaged by Section 899 – Ron Bousso
(The opinions expressed here are those of the author, a columnist for Reuters)*Section 899 proposes up to 20% tax on foreign investors’ income *Proposal is part of President Trump’s signature…
Oil Slips From Recent Highs as Market Assesses Middle East Tension
Summary Oil prices ease from more than two-month peak Market focusing on Middle East tension, US-Iran talks US, Iran officials to meet on Sunday in Oman (Reuters) – Oil prices…
US Energy Secretary Is Trying to Change Blue-State Minds About Fossil Fuels
By Call it “the great energy reset.” Get the Latest US Focused Energy News Delivered to You! It’s FREE: Trump administration officials increasingly consider the ongoing surge in electricity demand…
