Energy
India’s 30% oil lifeline through Strait of Hormuz hangs over BRICS summit as Iran war continues
Iran’s President Masoud Pezeshkian arrived at the annual BRICS summit in the Indian capital of New Delhi on Friday in a tense atmosphere as his country’s war with the U.S. shifts into a new phase and Tehran’s allies in Yemen threaten to expand their attacks on Saudi Arabia, another summit attendee.
Oil and gas prices surge as GOP convenes for midterm convention to tout ‘affordability’ solutions
Diesel fuel prices hit a record high Wednesday while gas prices jumped another 7 cents in a single day, and the stock market headed for another sell-off because crude oil prices rose above $100 per barrel again.
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Diesel prices are hitting record highs at a bad time for many U.S. farmers
The price of diesel is hitting record highs just when many U.S. farmers need it to power combines, tractors and other equipment to harvest two of the nation's largest commodities, soybeans and corn.
Oil prices rise as Iran targets vessels in Strait of Hormuz; Houthis seize critical Yemeni port
Oil prices climbed Thursday after Iranian forces said they targeted two U.S. vessels near the Strait of Hormuz and Iran-backed Houthi rebels seized a key port city on Yemen's western coast.
Trump says Iran war will end after midterm elections, as fighting continues in in Strait of Hormuz
President Trump said Wednesday he believes the Iran war will end shortly after the midterm elections in November.
Oil rises past $100 a barrel after the latest wave of Middle East attacks
The price of oil surpassed $100 a barrel for the first time in almost six weeks after attacks on oil facilities and ships in the Middle East threatened to debilitate an already weakened supply chain.
Police arrest suspect in Germany power grid attacks after dayslong search
Police arrested a suspect Tuesday in connection with a series of attacks on power distribution systems across Germany that led to a massive, dayslong search.
Experts say the single-thermostat rule is outdated: Here’s the ideal temperature for every room
Most American homes are heated by one number. You pick something in the high sixties, you leave it, and the furnace spends the winter trying to hold every room at that temperature, whether anyone is in it or not.
Trump team to fast-track Alaska oil drilling approvals
The Trump administration is seeking to speed up approval times for oil and gas drilling in Alaska's National Petroleum Reserve after nine companies bought tracts there this year and want to move forward with their investments.
Diesel hits record $5.85 a gallon as Iran war disrupts fuel supply
Diesel hit a new record price in the U.S. on Friday, soaring to an average of $5.85 a gallon for the first time ever as the six-month war with Iran disrupts the world's flow of fuel.
Proud of their oil, Venezuelans view U.S. stake in their reserves as a surrender
Nothing has shaped what it means to be Venezuelan today more than oil.
Chevron to boost Venezuela operations as Trump touts ‘historic’ deals for oil
Oil giant Chevron said Wednesday it will greatly expand its operations in Venezuela, days after President Trump announced plans for joint U.S. control of 65 million barrels of oil in the South American country.
U.S. officials say Venezuela oil deal step toward progress despite lingering concerns
The deal to give the U.S. majority control over 65 billion barrels of Venezuela's proven oil reserves is a step toward stability and economic growth in the South American country, according to U.S. officials, even as major questions linger about the agreement's implications for citizens of the recovering nation.
U.S. oil giant Chevron confirms it will expand operations in Venezuela
Oil giant Chevron is confirming that it will expand its operations in Venezuela, just days after President Trump announced an ambitious deal to develop the nation's oil reserves and give the Pentagon a stake in the profits.
Trump seeks to boost U.S. refining capacity as White House lays out details of Venezuela oil deal
President Trump met with U.S. oil refinery and gas distribution executives at the White House on Tuesday to explore avenues his administration can use to broaden domestic refining capacity and lower gas prices in this midterm election season.
Oil giant Chevron is expected to announce it will expand operations in Venezuela, U.S. official says
Oil giant Chevron is expected to soon announce it will expand operations in Venezuela, a U.S. official said Tuesday.
Flash flooding causes major damage to the Grand Canyon’s critical water pipeline
The sole pipeline that supplies water for millions of Grand Canyon visitors was badly damaged by weekend flash flooding, setting up a tricky repair scenario and upending a yearslong construction project to upgrade the line laid over terrain so rugged helicopters are often required to make basic fixes.
Nepal floods expose risks to hydropower in a warming Himalayas
Workers shoveled thick mud from a flood-ravaged power station in central Nepal this week, trying to restore electricity to more than 20,000 people.