Oil Slumps, Stock Markets Surge As First Ships Transit Hormuz

Oil prices fell below $100 per barrel while the S&P 500 and global markets surged after the U.S. and Iran agreed to a two-week ceasefire deal that includes the reopening…

Exxon Mobil Signals $2.9B Q1 Earnings Bump On Higher Oil Prices

U.S. Oil & Gas giant Exxon Mobil (NYSE:XOM) has signaled that surging oil and gas prices triggered by the conflict with Iran could increase its first-quarter upstream earnings by up to…

Shaky US-Iran Ceasefire in Doubt as Israel Pounds Lebanon 

* Ceasefire fails to halt Israel-Hezbollah fighting, Israeli strikes kill 254 in Lebanon Get the Latest US Focused Energy News Delivered to You! It’s FREE: * US, Iran declare victory…

As Trump Claims Victory, Iran Emerges Bruised But Powerful With Leverage Over Hormuz

(Reuters) – Nearly six weeks of war in Iran have ended, for now, with President Donald Trump claiming victory, but the U.S.-Iran ceasefire locks in a harsh reality: an entrenched,…

US Crude Output to Fall Next Decade on Sub-$70 Brent Price Forecast, EIA Says

(Reuters) – U.S. crude production is expected to decline through the mid-2030s, with global crude futures trading below $70 per barrel through 2030, the U.S. Energy Information Administration said in…

Traders Place Large $950 Million Bet on Oil Price Falling Hours Ahead of Ceasefire

By , and Investors sold 8,600 oil futures lots before US-Iran ceasefire, LSEG data shows Large single trades are rare, typically spread across exchanges to avoid price impact Oil trading…

Exxon Plans Spring and Year-End Overhauls at Beaumont, Texas Refinery, Sources Say

HOUSTON, April 8 (Reuters) – Exxon Mobil Corp (XOM.N) plans overhauls in the spring and at the end ​of this year at its 612,000 barrel-per-day ‌Beaumont, Texas refinery, said people…

EDF, NTPC sign MoU to explore new Indian nuclear projects

The MoU was signed following approval from Indian ministries and government departments, NTPC said. It establishes a framework for both companies to jointly assess the feasibility and approach for collaboration,…

Production begins at US uranium project

In-situ recovery – or ISR – is a method of mining uranium by dissolving and recovering it via wells. It is also known as in-situ leaching. Ground water fortified with…

Study highlights opportunities for Dutch nuclear supply chain

– conducted by Tractebel and Technopolis and commissioned by the Province of Zeeland, Impuls Zeeland and VNO NCW Brabant Zeeland – outlines how companies in Zeeland, one of the preferred…