Oil Up 6%, Paring Sharp Gains as Israel Strikes Avoid Iran Oil Sites
By Oil gains of up to 14% were largest intraday move since 2022 Iran’s nuclear facility in Natanz damaged in Israeli attack No impact to oil flows in the region…
Diesel Most Exposed to Middle East Conflict, US Futures Surge 8%
(Reuters) – U.S. ultra-low sulfur diesel futures hit the highest level since February, outpacing gains in oil and gasoline as analysts warned that diesel supply is the most exposed to…
NRG Expects to Line Up New US Data Center Deals This Quarter
NRG Energy CEO Larry Coben Bloomberg NRG Energy Inc. is working on deals to power US data centers “all over the country” and will reveal details with second-quarter results, according to…
US Energy Secretary Says Oil Output Drop in 2026 ‘Unlikely’
By and US Energy Secretary Chris Wright Photographer: Pete Kiehart/Bloomberg Get the Latest US Focused Energy News Delivered to You! It’s FREE: US Energy Secretary Chris Wright said it’s “unlikely”…
NextDecade Signs $9 Billion Contract With Bechtel for Construction of LNG Sites
Under engineering, procurement, and construction (EPC) contracts, NextDecade agreed to pay Bechtel about $4.77 billion under a renewed agreement for the fourth liquefaction train. For the fifth train, it executed…
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…
