GE Vernova Hitachi, AFRY to collaborate on SMR deployment

Through the Main Services Agreement, AFRY will deliver engineering and advisory services that leverage its deep sector knowledge, regional expertise and extensive presence across Europe. The collaboration is expected to…

Fuel Prices Could Keep Rising for Months After Hormuz Reopens, US EIA Says

(Reuters) – Fuel prices could keep rising for months even after the Strait of Hormuz reopens, the U.S. Energy Information Administration said on Tuesday, deviating from President Donald Trump’s assurances…

US Power Use to Beat Record Highs in 2026 and 2027 as AI Use Surges, EIA Says

(Reuters) – U.S. power consumption, which hit its second straight annual record high in 2025, will rise further in 2026 and 2027, the Energy Information Administration said in its Short-Term…

North American Oil is in Demand as World Grasps for Supplies

By Robert Tuttle and Christopher Charleston The spiderweb of cracks in the global oil market are spreading across the Rocky Mountains and U.S. Great Plains as demand for a shrinking…

U.S. Shale Drillers Seen Lifting Crude Output on Hormuz-Driven Price Rally

It may take months to begin to see the uptick in production from shale fields in places like the Permian Basin By David Wethe and Kevin Crowley United States shale…

US Lawmakers Press Bessent on LNG Ships That are Taking Tax Credit

By WASHINGTON, April 7 (Reuters) – A group of Democratic U.S. senators on Tuesday pressed Treasury Secretary Scott Bessent on whether enormous tankers ​that ship liquefied natural gas qualify for…

Freeport LNG Seeks Approval to Demolish Obsolete Import Facilities in Texas

By Freeport LNG requests FERC approval to demolish obsolete Texas import facilities US shift from LNG importer to top exporter driven ​by shale revolution Company says removal will improve safety…

Democrats Question Legality of Trump, TotalEnergies Offshore Wind Deal

April 7 (Reuters) – House Democrats questioned the legality of the Trump administration’s deal to ​return nearly $1 billion to TotalEnergies (TTEF.PA) to ‌stop the development of two U.S. offshore…

WTI Crude Oil Hits $115 as Strikes Target Iran’s Kharg Island

WTI crude surged to $115.8 per barrel—its highest level since April 2008—as President Donald Trump warned that “a whole civilization will die tonight,” while strikes were reported on Iran’s Kharg…

IEA Chief: Current Energy Crisis Worse Than 1973, 1979, and 2022 Combined

The current energy crisis is worse than the oil and gas crises of 1973, 1979, and 2022 taken together, as we are witnessing an unprecedented supply shock from the key…