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Stock Market Today: Dow Up, Big Tech Falls Amid These Rate Hike Calls; This AI Stock Tests Entry (Live Coverage)
The Dow Jones index rises as Treasury Secretary Scott Bessent makes an Iran move. Microsoft falls on...
U.S. Airlines Set To Pocket $40 Billion As Jet Fuel Prices Crash
U.S. airlines stand to save billions in dollars on jet fuel costs after the US-Iran peace deal sent ...
Mitsui Eyes Global LNG Deals to Power the AI Data Center Boom
Japanese commodities major Mitsui is looking for investment opportunities in liquefied natural gas to secure the long-term supply of electricity for the booming data center industry. The company will ...
U.S. Crude Exports Surge To All-Time Highs Amid SPR Releases
Oil prices have pulled back sharply from recent highs, suggesting that the market was optimistically pricing in at least a partial reopening of the Strait of Hormuz and an eventual normalization, foll ...
U.S. Turns Cold War Plutonium Into Nuclear Fuel
The federal U.S. government has turned to plutonium from the Cold War era as an alternative to uranium in nuclear power generation, as supply of the default nuclear fuel runs short of demand. Washingt ...
Summer Heatwaves May Deepen the Global LNG Crunch
The global gas market, which has been reeling from the sudden loss of 20% of daily LNG supply, is poised to tighten even further in the coming months as higher-than-expected summer temperatures and th ...
Vanadium Batteries Could Break Lithium's Grip on Energy Storage
next-gen battery systems that form the future of energy storage and break lithium’s chokehold on global clean energy tech supply chains. The batteries show particular promise for energy storage applic ...
Bernstein Sets Long-Term Oil Price Target At $75 Per Barrel
Wall Street analyst Bernstein Research has established $75 per barrel as a reasonable long-term oil price target for equity valuations, pointing to rising marginal costs and declining reserves. Citing ...
Norway Oil and Gas Producers Increase Investment Forecasts for 2026 and 2027
Norwegian oil and gas companies have raised their investment forecasts for 2026 and 2027 compared to estimates three months earlier, though overall capital spending is still on track to decline slight ...
Kazakhstan Sides With Russia in $1.4 Billion Gazprom Dispute
A ruling against the Russian energy behemoth Gazprom issued by a special court in the Kazakh capital Astana will not be enforced by the government, Kazakhstan’s justice minister has stated. The commen ...
Chevron Files to Take 70% Stake in Greek Offshore Block
Chevron has filed a request to buy 70% in an oil and gas exploration block offshore southwest Greece in what would be another step in the U.S. supermajor’s expansion in the Eastern Mediterranean. Chev ...
Ousted BP Chair Denies Bullying and Misconduct Claims
BP’s ousted chair has hit back at the group’s decision to fire him over governance issues, launching a robust defence of his short-lived tenure on the supermajor’s board and rejecting the “false narra ...
Malaysia Boosts Domestic Gas Use as Power Demand Hits Record Highs
A major heatwave and soaring data center electricity consumption are driving Malaysia’s power demand to record highs, pushing the world’s fifth-largest LNG exporter to increase domestic gas use for po ...
TotalEnergies Plans $5.2 Billion Offshore Wind Project in Normandy
TotalEnergies has applied for authorization of France's biggest renewables project, a 1.5-GW offshore wind project off Normandy, which is estimated to cost $5.2 billion, the French supermajor said on ...