Gulf tensions rise as US shipping plan starts
By 20 min ago 2 min read The US is to accompany commercial shipping through the Strait of Hormuz under a new initiative launching today (4 May). Project Freedom aims…
Virginia Upholds Rooftop Solar Compensation Rules, SEIA Welcomes SCC Decision
Representational image. Credit: Canva Yesterday, the Virginia State Corporation Commission (SCC) issued a ruling that preserves current compensation rules for rooftop solar customers who send excess electricity back to the…
AOI wins $20.85m state grant for semiconductor capacity expansion
By 27 min ago 2 min read US semiconductor manufacturer Applied Optoelectronics (AOI) has secured a $20.85m state grant from the Texas Semiconductor Innovation Fund (TSIF) to expand its semiconductor…
Oil Up 3% After Iran Claims it Attacked US Warship; US Denies Report
Summary US warship was hit by two missiles, Iran’s Fars says US Central Command denies any US vessel was struck US to start operation to aid stranded ships, Trump says…
Fervo Energy Eyes $6.5 Billion Valuation in US IPO
Drilling continues on an electric powered drilling platform at the Cape Station geothermal project in Milford, Utah, U.S. June 10, 2025. REUTERS/Jim Urquhart/File Photo (Reuters) – Fervo Energy said on…
Trump Administration Cites National Security to Halt US Wind Farm Projects
A drone view of windmills near the Sacramento River where it enters the California Delta near Rio Vista, California, U.S. December 28, 2025. REUTERS/Fred Greaves/File photo (Reuters) – President Donald…
Permian Landowner EagleRock Eyes $2.6 billion Valuation in US IPO
Land management company EagleRock is targeting a valuation of up to $2.6 billion in its initial public offering in the United States, as it seeks to tap renewed investor interest…
Russian Oil Cargo Set to Arrive in Japan Amid Supply Strains
A Russian tanker carrying crude from Sakhalin Island is set to arrive in Japan today in the latest sign energy-strapped importers are intent on securing any supply they can find,…
$125 Oil Could Tip Global Economy Into Recession
Elevated oil prices for a sustained period of time would tip the global economy into a recession, Moody’s Analytics’ head of international economics, Gaurav Ganguly, told CNBC, pegging the game-changing…
Global Methane Cuts Could Unlock Double the Gas Volumes Hit by Hormuz Crisis
Global methane abatement measures across major gas exporters and importers could unlock, in the longer term, natural gas volumes that would be double the current supply trapped by the effective…


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