In a move aimed at bolstering a softening labor market amid lingering economic uncertainties, the Federal Reserve announced its second interest rate cut of 2025 on October 29. This decision underscores the central bank’s shift […]
Tesla’s Q3 2025 earnings report, released on October 22, 2025, showcased a mix of triumphs and challenges for the electric vehicle and energy giant. While the company achieved record revenue and strong performance in key […]
Norway’s energy giant Equinor, a major player in the global oil and gas sector, released its third-quarter 2025 earnings on October 29, revealing a challenging period marked by declining oil prices that weighed heavily on […]
In a bold move that underscores the intertwining of energy ambitions and regional politics, British Petroleum (BP) has activated a massive $25 billion redevelopment project in Iraq’s northern Kirkuk region. This investment, formalized earlier in […]
In a market grappling with tumbling crude prices and an oversupply of oil, major oil companies are aligning with OPEC’s strategy by ramping up production. This week’s earnings reports from industry heavyweights like ExxonMobil, Chevron, […]
In a surprising turn for energy markets, the latest Weekly Petroleum Status Report from the U.S. Energy Information Administration (EIA) reveals a drawdown in U.S. commercial crude oil inventories, challenging the prevailing narrative of an […]
In a year marked by aggressive pushes toward net zero emissions, Britain’s energy sector has hit a staggering milestone: over £1 billion (approximately $1.3 billion) spent in 2025 alone to pay wind farms to curtail […]
In a stark reminder of the vulnerabilities in global energy supply chains, the Suez Canal was temporarily blocked early today after a sanctioned oil tanker, part of Russia’s shadowy “dark fleet,” ran aground in the […]
In a significant development for the U.S. energy sector, Wyoming and Basin Electric Power Cooperative have advanced plans to potentially build the first new coal-fired power plant unit in over a decade. On October 27, […]
In a bold move aligning with the Trump administration’s skepticism toward renewable energy, Health and Human Services Secretary Robert F. Kennedy Jr. has directed the Centers for Disease Control and Prevention (CDC) to investigate the […]
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