US Could Lift Sanctions on More Russian Oil, Says Bessent

(Reuters) – Treasury Secretary ​Scott Bessent on Friday ‌said the United States could remove sanctions from more ​Russian oil, a ​day after Washington issued a ⁠30-day waiver allowing ​the sale…

US Drillers Add Oil, Gas Rigs for First Time in Four Weeks, Baker Hughes Says

(Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed…

  • Coal
  • March 6, 2026
Coal-to-Gas Conversions Approved for Two Arizona Power Plants

Energy regulators in Arizona have given the go-ahead to convert several units at two coal-fired power plants in the state to burn natural gas. The Arizona Corporation Commission (ACC), which…

Americans’ Relationship With Gas Prices Is Complicated

By Oil prices are up 15% since the US and Israel began attacking Iran last weekend, and gasoline prices have been following not too far behind. In a big-picture economic…

Oil Prices Hit $90 as Middle East Tensions Escalate

Oil prices surged again on Friday, putting crude on track for its biggest weekly gain in years as disruptions to Middle East supply and tanker traffic through the Strait of…

Europe’s Gas Price Set for Largest Weekly Gain in Three Years

Europe’s benchmark natural gas prices were on track early on Friday for a 50% weekly jump—the biggest one-week surge since the energy crisis in the summer of 2023, as the…

Analyst Explains Friday’s Oil Price Rise

Crude is continuing to gap higher as the market still lacks clarity around the reopening of the Strait of Hormuz. That’s what Rebecca Babin, a senior equity trader for CIBC…

THE NEW ESG – For Energy, ESG Now Means Economics, Security and Geopolitics

The crude oil tanker Sanan in coastal waters off Iran. Takeaways by Bloomberg AI The US has switched from being an effective underwriter of global energy security to disrupter, with President…