Energy
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As oil companies look to replicate shale success outside US, they face big challenges
Over decades, America's shale oil and gas wells will decline. Companies have been exploring opportunities abroad, as there are plenty of shale-rich basins for companies to tap.
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Despite high gas prices, Memorial Weekend travel expected to break records, AAA forecasts
The AAA domestic travel forecast expects 39.1 million people will travel by car, which is slightly higher than last year, when 39 million people traveled by car over the holiday weekend.
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UAE reportedly halfway finished with oil pipeline that will bypass Strait of Hormuz
The pipeline was fast tracked in the wake of the blockade and is expected to be complete by 2027. It will double the UAE's export capacity.
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Oil prices drop below $100 per barrel days after Trump says negotiations with Iran coming to a close
The West Texas Intermediate price of oil fell from over $104 per barrel on Tuesday to $98.06 Wednesday afternoon.
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NextEra to acquire Dominion Energy, $67B deal will create largest regulated utility by market value
Gaining access to Dominion's portfolio will allow the company to expand into the PJM Interconnection region, including Virginia, a hotspot for data centers.
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Hackers possibly linked to Iran breached tank readers at US gas stations: CNN report
The CNN report says the suspected cyber intrusions targeted automatic tank gauge systems, or ATGs, which are used to track fuel levels and detect leaks in underground storage tanks at gas stations.
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UAE accelerating construction of pipeline that will expand its ability to bypass Strait of Hormuz
Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed directed the state-run Abu Dhabi National Oil Company to fast-track the project.
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EPA moves to end 'burdensome,' Biden-era wastewater rules on coal plants to meet energy, AI demands
The proposed rule, according to the EPA, would reduce electricity costs by as much as $1.1 billion annually, without compromising clean and safe water resources.
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Appeals court hears states' case to end Energy Dept's emergency order to keep open aging coal plants
The case is being brought by Michigan, Minnesota, Illinois and nine nonprofit groups.
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Honda posts first losses in 70 years following its costly bet on electric vehicles
The automaker reported a net loss of $2.7 billion for the fiscal year ended March 31.
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Trucking, construction trade groups voice opposition to Trump's proposed gas tax holiday
The industries rely on transportation infrastructure, which is funded by the federal taxes on gasoline and diesel.
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Microsoft is losing ground on climate ambitions as hunger for AI demands more power
While the company has touted its ambitious climate goals over the years, the hunger for energy, driven by the development of artificial intelligence, is pushing those goals to the back seat.
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Energy Department to loan out million of barrels of oil from reserves to help bring down oil prices
Oil exchanges, as they are called, allow the DOE to loan out oil to companies who later pay back to the oil with extra barrels, which functions like interest on a loan.