Energy
Venezuela’s acting president signs oil industry overhaul, easing state control to lure investors
Venezuela’s acting President Delcy Rodriguez on Thursday signed a law that opens the nation’s oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the country for more than two decades.
Trump says Venezuela airspace will fully reopen, allowing visits
President Trump said he ordered his team to reopen airspace over Venezuela on Thursday, four weeks after the U.S. raid to capture strongman Nicolas Maduro and several years after commercial airlines paused direct flights to the South American country.
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Venezuela’s acting president signs oil industry overhaul, easing state control to lure investors
Venezuela's acting President Delcy Rodriguez on Thursday signed a law that will open the nation's oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the country for more than two decades.
Legal setbacks against a dam in the Amazon raise questions about Brazil’s reliance on hydropower
The Belo Monte hydropower plant in the Brazilian Amazon, one of the world's largest, was designed to channel water from the Xingu River in a way that would avoid the need for large reservoirs, which could flood surrounding areas.
Tesla made smallest annual profit since the pandemic, plans to spend big on robotaxis and robots
Tesla's annual profit plunged to its lowest level since the pandemic five years ago as it lost the title of the world's biggest electric vehicle maker to a Chinese rival and boycotts hammered sales.
EPA plan would begin rolling back ‘good neighbor’ rule on downwind pollution from smokestacks
The Trump administration on Wednesday took a step toward rolling back a rule that limits smokestack emissions that burden downwind areas in neighboring states.
Tourism in Cuba plummets as tensions with U.S. increase and Venezuela oil shipments drop
It's almost noon in Havana when a handful of tourists tumble out of a small yellow bus and rush toward a row of shiny classic cars, cameras in hand.
Report: Purged Chinese general probed for leaking nuclear secrets
The Chinese military's most senior general under investigation for corruption leaked nuclear secrets to the United States, the Wall Street Journal reported.
Energy Department prepares backup power to battle winter storm
The Department of Energy asked the nation's grid operators to make backup power from facilities such as data centers available -- an emergency action in case the oncoming record-breaking winter storm leaves blackouts across the country.
More than half the U.S. threatened with ice, snow and cold in massive winter storm
It was too cold for school in Chicago and other Midwestern cities Friday as a huge, dayslong winter storm began to crank up that could bring snow, sleet, ice and bone-chilling temperatures as well as extensive power outages to about half of the U.S. population from Texas to New England.
Venezuela opens debate on an oil sector overhaul as Trump seeks role for U.S. firms
Venezuela's legislature opened debate Thursday on a bill to loosen state control over the country's vast oil sector in the first major overhaul since the late socialist leader Hugo Chavez nationalized parts of the industry in 2007.
As Trump talks tariffs, his Argentine ally welcomes a shipload of Chinese EVs for the first time
The vast field of over 5,800 electric and hybrid vehicles gleamed on the cargo deck of the BYD Changzhou, an Chinese container vessel unloading Wednesday at a river port in eastern Argentina.
Moscow talking tough on Iran, but Russia’s grip on the Middle East has slipped
As the Trump administration weighs the possibility of new military action against Iran in support of anti-regime protesters, Moscow has issued a sharp warning against any external intervention. But the tough talk from Russia comes at a time when the Kremlin's influence in the region is at its lowest point since the collapse of the Soviet Union.
Analysts warn that Iran crisis carries potential nuclear risks
In the wake of spiraling tensions between the United States and Iran over Tehran's violent crackdown on protests, analysts warn that the internal upheaval affecting the Iranian theocracy could carry nuclear proliferation risks.
Hungary’s MOL to buy Serbia’s Russia-owned NIS oil company if U.S. approves
Hungary's MOL Group energy company said on Monday they have signed a preliminary agreement to buy a 56.15% stake in Serbia's Russia-owned main oil supplier that has been sanctioned by the United States.
Security analysts say Russia reportedly preparing to strike Ukraine’s nuclear power plants
Russian forces are preparing to target Ukraine's nuclear plants by launching attacks on the substations that power them, a military-focused think tank says.
Canada agrees to cut tariff on Chinese EVs in return for lower tariffs on Canadian farm products
Breaking with the United States, Canada has agreed to cut its 100% tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Friday.
U.S. seizes sixth Venezuelan-linked oil tanker before Trump-Machado meeting
The U.S. has seized an oil tanker that defied President Trump's blockade on sanctioned Venezuelan oil tankers in a predawn mission, federal officials announced Thursday.
Sen. Tom Cotton: China threatens U.S. AI development
The presence of thousands of Chinese nationals at Energy Department laboratories and facilities increases the risk of theft of critical national security information on the U.S. high-priority artificial intelligence development program, Senate Select Committee on Intelligence Chairman Tom Cotton and 10 other Republican senators warned Energy Secretary Chris Wright this week.
