Oil Gains as Traders Weigh Supply Risks Linked to US–Iran Tensions

(Reuters) – Oil prices edged up on Tuesday as traders gauged the potential for supply disruptions after U.S. guidance for vessels transiting the Strait of Hormuz kept attention squarely on tensions…

Duke Energy Forecasts Higher 2026 Profit on Strong Power demand

(Reuters) – Utility firm Duke Energy  forecast a higher current-year profit on Tuesday on the back of strong power demand. The rapid buildout of AI data centers and accelerating power consumption…

NOT SO! Shell CEO Says Oil Major Does Not Have to Buy assets Anytime Soon

(Reuters) – Shell  CEO Wael Sawan said on Tuesday the oil major does not have to buy additional assets anytime soon to deliver on its 2030 targets. Get the Latest US…

US Energy Producer Presidio Plans First-of-Kind $1 Billion Goldman Debt Facility to Fund Deals

Summary Presidio’s Goldman facility is a first in oil and gas industry Acquisition finance provided by Goldman, with debt held by bank for use in future ABS Structure offers lower…

Fuel Crisis Forces Canadian Airlines to Halt All Flights to Cuba

Canadian airlines have suspended flights to Cuba as the island nation faces depletion in jet fuel stocks amid a U.S. energy squeeze aimed at prompting regime change. The…  

BASF Chief Issues Urgent Warning on EU Emissions Trading Scheme

The head of BASF has warned the European Union needs to update its “obsolete” emissions trading scheme and reconsider the phaseout of free credits to avoid disaster for…  

Trump EPA Set to Scrap Landmark Emissions Policy

The U.S. Environmental Protection Agency is about to pull the rug from underneath climate regulation by repealing the so-called endangerment finding—an EPA decision…