US Summer Driving Season Hits as Gasoline Supplies Squeezed Tight

US summer driving season hits as gasoline supplies squeezed tight (Reuters) – U.S. vacationers are barreling into peak summer driving season just as the gasoline market faces a supply crunch,…

China Is Learning to Use Less Oil—and That’s a Bigger Deal Than It Sounds

Three months into the biggest oil supply disruption in modern history, China appears to have discovered something that should make oil bulls at least a little uncomfortable. It can get…

Trump Says Great Settlement on Iran to be Signed Soon and Strait Will Open

(Reuters) – U.S. President Donald Trump said on Thursday the Strait of Hormuz would be opened as soon as a “great settlement” of the war in Iran was signed, an…

Trump Cancels Strikes Against Iran Planned for Thursday Evening

(Reuters) – U.S. President Donald Trump said he hascanceled planned strikes against Iran on Thursday, hours after threatening more bombings and a desire to “take” oil export hub Kharg Island.…

Canada Oil Outages and Bad Weather to Tighten Inventories at Key US Storage Hub

By and Wet weather and Cenovus outage disrupt Western Canada oil supply Cushing inventories near operational lows as U.S. crude stocks fall Western Canadian crude inventories at lowest since 2020…

Tennessee becomes first US state to set up fusion regulations

In 2023, the US Nuclear Regulatory Commission (NRC) announced that it would base its regulatory framework for fusion energy systems on its existing process for licensing the use of byproduct…

UK Clean Tech Firms Plan Europe’s Biggest Direct Air Capture Project

UK clean energy technology firms have set up a joint venture to build and operate Europe’s biggest direct air capture project. Carbon capture technology developers Airhive and Mission Zero Technologies…