New York State’s Electricity Reserves are Shrinking, Grid Operator Says

(Reuters) – Electricity supplies in New York have shrunk over the last five years, leaving one of the most populous U.S. states at risk of falling short of the energy…

US Energy Secretary Says Ship Traffic Through Strait of Hormuz Rising ‘Very Meaningfully’

(Reuters) – U.S. Energy Secretary Chris Wright said on Tuesday that ship traffic through the Strait of Hormuz is rising “very meaningfully” as the conflict with Iran continues. “I would…

Oil Inventories are Headed Toward Multi-Decade Lows, US EIA Warns

NEW YORK, June 9 (Reuters) – Oil stockpiles ​in the world’s largest economies ‌were headed toward the lowest levels since at least 2003 ​as top consuming nations tapped ​inventories at…

  • Gas
  • June 9, 2026
UK biogas AI platform lands £1m government prize

By 35 min ago 3 min read UK-based BiofuelAi has been awarded £1m ($1.3m) for AI-powered technology that could reduce carbon emissions by 293,000 tonnes per year. The prize money…

Oil Falls as Investors Await Clarity After Iran-Israel Halt Attacks

Oil prices fell on Tuesday, erasing most of the previous session’s gains, after Iran and Israel said they had halted attacks on each other following an appeal from U.S. President…

Permian Strategic Partnership Highlights $2.3 Billion in Regional Investment and Expanding Economic Impact Across the Permian Ba…

New reports show the Permian Basin supports more than 940,000 U.S. jobs, generates billions in state revenue, and continues driving American energy leadership. Get the Latest US Focused Energy News…

The Oil Shock Is Weakening India’s Economy and Finances

India is scrambling to contain the economic and financial impact of the worst oil supply disruption in history as analysts say the high oil prices would continue to weigh on…

Morgan Stanley Sees Asian LNG Prices Soaring to 3.5-Year High

Asia’s benchmark LNG prices are set to jump to the highest level in three and a half years in the second half of 2026 as demand is rising amid high…

World’s 65 Biggest Banks Pumped $906 Billion Into Fossil Fuels in 2025

The biggest banks in the world increased financing for fossil fuels by 8% in 2025 from a year earlier, committing a total of $906 billion to fossil fuel companies amid…

Technip and Airbus Create Sustainable Aviation Fuel JV

French energy and engineering firms have teamed up with Airbus to create a joint venture to develop a large-scale Sustainable Aviation Fuel (SAF) production project at the Port of Dunkirk…