Energy News - LeadStory

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Strait of Hormuz in the spotlight

The Strait of Hormuz, through which 20% of the world’s oil passes, is critical to global energy and trade. CNN explores how it could be disrupted by regional conflict, how regional players are preparing for the worst, and the potential i...

CNN

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Major power outage in Czech Republic halts Prague metro and trams

A power outage hit parts of Prague and the Czech Republic, halting public transport and trains. Prime Minister Petr Fiala said authorities are investigating the cause.

Euronews

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Rome petrol station explosion injures 25, damages buildings

An explosion at a petrol station in Rome's southeast injured at least 25 people on Friday. The incident was caused by a technical fault during refueling.

Euronews

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U.S. energy costs set to rise as solar incentives cut in new budget

A new US budget bill, recently passed, eliminates tax incentives designed to promote renewable energy, including solar initiatives. Republicans argue that the move helps cut costs, but industry experts warn it will likely lead to higher ...

Al Jazeera

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EU importing more LNG than pipeline gas

The EU is ramping up LNG imports to make up for the lack of Russian pipeline gas reaching the bloc. What's the environmental and financial cost?

Euronews

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Survey: Nearly half of energy executives expect to drill fewer wells

CNBC's Pippa Stevens joins 'Squawk on the Street' with the latest news on the energy sector.

CNBC

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Oil supply set to grow 4x more quickly than demand this year: Struyven

Daan Struyven, Goldman Sachs co-head of global commodities research, joins 'Squawk Box' to discuss the state of the global energy markets, oil price trends, impact of a weaker dollar, and more.

CNBC

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In Goma, solar power brings light and hope in Ndosho neighbourhood

Congolese-American company Nuru has set up a 1.3-megawatt solar mini-grid in Goma.

Africanews

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What to know about the GOP budget bill and clean energy

CNBC's Pippa Stevens joins 'Squawk on the Street' with the latest details on clean energy stocks.

CNBC

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Japan has no clear plan for radioactive waste disposal

Nobuo Tanaka of the International Energy Agency (IEA) says Japan can't achieve its 20% nuclear energy mix goal without public support.

CNBC

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Inside Equinor's NYC offshore wind project

Equinor is moving forward with its Empire Wind offshore wind development, which will be the first to plug into the NYC power grid, despite numerous industry challenges.

CNBC

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Thousands in Brooklyn lose power during extreme heat

Con Edison says about 2,200 customers across Brooklyn are dealing with power issues—with the hardest-hit spots in Borough Park, Bay Ridge, Dyker Heights, Sunset Park, and Williamsburg.

News 12

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Climate change making it more expensive to cool homes

Over the last three years, retail electricity prices have gone up faster than the rate of inflation, and new research from Texas A&M shows climate change is making it more expensive to cool homes. CBS News' David Schechter reports on the...

CBS News

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Radiant Energy: Next fleet of nuclear power plants doesn't exist yet

Radiant Energy Fund’s Mark Nelson joins 'Power Lunch' to discuss the state of nuclear energy in America now.

CNBC

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Iranian blockade on Strait of Hormuz would be 'economic suicide'

Neil Atkinson, the former head of the IEA's oil division, discusses oil markets amid tensions in the Middle East.

CNBC

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Oil sinks as Israel accuses Tehran of violating ceasefire

Oil sinks as Israel accuses Tehran of violating ceasefire, just hours after U.S. President Donald Trump announced it had come into effect. CNBC's Dan Murphy joins "Worldwide Exchange" with the details.

CNBC

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Adnoc's $19B Santos bid tests Australian energy path

Australian regulators and politicians are weighing the implications of Abu Dhabi National Oil Co.'s $19 billion bid for Santos, one of the biggest foreign takeovers in the country's history. EnergyQuest CEO and former Santos executive Ri...

Bloomberg

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Why the Strait of Hormuz is critical for global oil supplies

The intensifying conflict in the Middle East is raising new concerns about its potential impact on the oil and gas industry. Much of the focus is on whether Iran will close the Strait of Hormuz, a critical waterway for global crude oil s...

CBS News

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Oil prices drop following Iran's retaliatory attack

The price of crude oil plunged Monday afternoon, following Iran's retaliatory attacks targeting a U.S. military base in Qatar.

Scripps News

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Impact of extreme heat to power grid

Valerie Colletti of Commonwealth Edison (ComEd) joins the AccuWeather Network on how the electric power grid is impacted by the upcoming heat wave and what steps are being taken to prepare.

AccuWeather

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Oil prices climb on fears Iran will blockade supplies

Oil prices jumped to their highest since January as Washington's weekend move to join Israel in attacking Iran's nuclear facilities stoked supply worries.

Reuters

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Iran-Israel conflict could disrupt fifth of world's energy supplies

Israel's attacks on Iran and Tehran’s retaliation could threaten a fifth of the world's energy supplies. Concerns are growing over the security of global supply chains of oil, gas and fertilizer as the conflict enters its second week.

Al Jazeera

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Why U.S. energy markets may take big hit from geopolitical tensions

Kevin Gordon, Charles Schwab, joins 'Closing Bell Overtime' with reaction to comments from SF Fed President Mary Daly.

CNBC

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Iran races to get its oil out into the world

Iran is rapidly exporting oil, a sign of the unusual logistical steps that Tehran is undertaking as the U.S. mulls joining Israel in bombing the Persian Gulf state.

Bloomberg

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How the EU plans to ban Russian gas

The European Commission on Tuesday proposed legally-binding measures to cut off the European Union's imports of Russian gas and liquefied natural gas imports by the end of 2027, which would end decades-old energy relations with Europe's ...

Reuters

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This home was built in a factory and runs on its own energy

In the face of a housing and construction labor crisis, some people are choosing energy efficient homes that are prefabricated in a factory. CNN’s Bill Weir speaks to Colin Goodson, who lives in one of these homes completely off the grid...

CNN

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Oil steadies as Mideast escalation concerns continue

Oil steadied after rallying around 10% since Israel started its attacks on Iran last week. Iran's crude-exporting infrastructure has been spared so far, and most of the fallout has been confined to shipping. Bloomberg's Anthony di Paola ...

Bloomberg

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Japanese refinery Taiyo Oil shifts crude purchases to U.S. and Asia

Takahiro Yamamoto, President & CEO of Taiyo Oil says oil price increase and supply disruption could have material impact on its business given 30-40% of its crude import comes from the Middle East region.

CNBC

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European Commission proposes measures to phase out Russian oil, gas

The European Commission proposed a new law outlining deadlines and strategies for phasing out Russian oil and gas, excluding nuclear energy, which will be addressed separately.

Euronews

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EPA reportedly halting some oil and gas regulation domestically

The Environmental Protection Agency is telling some of its staff to stop enforcing violations against oil and gas companies in the U.S., according to reporting from multiple sources.

Scripps News