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U.S. gasoline prices fell below $4 per gallon on Thursday for the first time in nearly three months as traders responded to expectations that oil exports through the Strait of Hormuz will gradually recover following the U.S.-Iran peace agreement.
The Federal Energy Regulatory Commission has launched a broad review of how large electricity consumers connect to the U.S. power grid, responding to rapidly rising demand from data centers and artificial intelligence infrastructure.
New Fortress Energy Inc. (NASDAQ: NFE) has received approval from the High Court of Justice of England and Wales for its proposed UK restructuring plan, advancing a key component of the company's efforts to address its debt obligations and improve financial flexibility.
U.S. energy producers expanded drilling activity again this week, extending a recent trend of rising rig additions that suggests growing confidence in future oil and natural gas demand. Industry data showed the total number of active oil and gas rigs climbed to its highest …
The weighted average price per share was €23.4605, with the purchase representing 0.14% of the company's share capital. This move is part of the company's efforts to return value to shareholders through the distribution of additional remuneration. The company's commitment to its share buyback …
Thermal Energy International Inc. presented at the Planet MicroCap Las Vegas 2026, unveiling its plans. This platform allowed TMG to engage with investors and stakeholders, driving attention to its solutions. With a focus on practices, the company is positioning itself to capitalize on the …
Oil prices took a sharp downturn as Brent crude futures slid by $4.21, or 5.1%, to close at $78.96 per barrel on June 16. The U.S. West Texas Intermediate (WTI) crude experienced a more pronounced drop, falling $4.70, or 5.8%, to settle at $76.05.
The agreement marks a de-escalation of tensions. However, the immediate impact on shipping remains uncertain as authorities assess security risks. Vessels will require security screenings, while damaged infrastructure and logistical bottlenecks could extend delays.
This move is expected to ease concerns over oil transport and have a positive impact on the energy market. A major player is likely to benefit from the reduced tensions.
The US and Iran presidents have signed a ceasefire agreement. This agreement is intended to ease tensions between the two countries. The US president has warned that attacks could still resume.
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