U.S. Energy Secretary Advocates for Tripling Nuclear Capacity
Energy Secretary Jennifer Granholm urges a significant increase in nuclear power generation to support carbon emission reduction goals.
OPEC+ Maintains Oil Production Cuts Into 2025 for Price Stability
The OPEC+ alliance has committed to sustaining existing production cuts of 2 million barrels per day until the end of 2025, aiming to support crude oil prices amidst global economic uncertainties.
OPEC+ Agrees to Prolong Oil Production Cuts Through 2025
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, have decided to extend their voluntary production reduction of 2.2 million barrels of crude oil per day until 2025.
Vermont Legislation Holds Fossil Fuel Companies Accountable for Climate Damage Costs
Vermont enacts legislation requiring fossil fuel companies to bear the cost of climate change damages, sparking potential legal battles.
Trump's Pledge to Expedite Oil Merger Deals
Former President Trump assures oil industry leaders of fast-tracking merger approvals during a closed-door fundraiser.
Jeep Unveils its First North American Electric SUV
Jeep introduces the Wagoneer S, its inaugural fully electric SUV catering to North American markets, marking a significant shift in its product portfolio.
Copper Supply Shortage Threatens Electric Vehicle Transition
A potential copper scarcity and industry limitations pose significant obstacles to the global electric vehicle transition as demand outpaces supply.
Senate Democrats Call for Justice Department Probe into Big Oil Collusion
Senate Democrats, led by Chuck Schumer, request a comprehensive DOJ investigation on alleged Big Oil collusion and price-fixing to tackle rising fuel costs.
ConocoPhillips Acquires Marathon Oil in $22.5 Billion Deal
ConocoPhillips completes purchase of Marathon Oil in a significant all-stock transaction valued at $22.5 billion.