Energy
Hurricanes Humberto and Imelda charge toward Bermuda as the tiny island prepares
The outer bands of Hurricane Humberto lashed Bermuda on Tuesday as it approached the tiny British territory, with newly formed Hurricane Imelda following closely behind.
SharesWATCH: Trump throws $625 million lifeline to coal industry and opens federal lands to mining
The Trump administration will spend $625 million to modernize coal plants to keep them operating and open 13.1 million acres of federal land to coal mining.
SharesTrump administration opens more land for coal mining, offers $625M to boost coal-fired power plants
The Trump administration said Monday it will open 13 million acres of federal lands for coal mining and provide $625 million to recommission or modernize coal-fired power plants as President Donald Trump continues his efforts to reverse the year-long decline in the U.S. coal industry.
SharesHungary’s Orban tells Trump that dropping Russian energy would bring economy ‘to its knees’
Hungarian Prime Minister Viktor Orban said Friday that Hungary will continue to source fossil fuels from Russia despite demands from his ally U.S. President Trump, and that he'd informed the president that dropping Russian energy would be a "disaster" for Hungary's economy.
SharesIndigenous groups criticize Ecuador’s $47 billion oil expansion plan in Amazon
Seven Indigenous groups in Ecuador's Amazon have denounced a government plan to offer dozens of blocks of land for oil exploration, saying it threatens their ancestral lands and violates constitutional protections.
SharesCorn growers seek markets, not handouts, as economic woes mount
Corn growers are pleading with Washington to allow year-round sales of higher ethanol-blended fuel and to clinch trade deals that open new markets, as farmers confront a "perfect storm" of rising costs and lower crop prices.
SharesIraq’s first industrial-scale solar plant opens in Karbala desert to tackle electricity crisis
Iraq is set to open the country's first industrial-scale solar plant Sunday in a vast expanse of desert in Karbala province, southwest of Baghdad.
SharesTrump says he’s willing to do ‘other things’ to target Russia if Europe stops buying Russian oil
President Trump on Thursday called out European leaders' double standard on the Ukraine war, questioning why it was up to him to impose harsher measures on Moscow when European nations keep buying Russian oil.
SharesNational Academy of Sciences rebuffs Trump EPA’s effort to undo regulations fighting climate change
Evidence that climate change harms public health is "beyond scientific dispute," the independent National Academy of Sciences said Wednesday in a report responding to Trump administration efforts to revoke a landmark 2009 U.S. government finding declaring climate change a threat.
SharesU.S. sanctions financial backers of Iran’s military
The Treasury Department is sanctioning two Iranian "financial facilitators" along with more than a dozen other individuals and groups that are part of Tehran's shadow banking network that funds the Islamic Revolutionary Guard Corps' Quds Force and armed proxies linked to the regime.
SharesU.S. sanctions Iranian financiers, others over $100M in cryptocurrency transfers from Iran oil sales
A pair of Iranian financiers and more than a dozen people and firms across Hong Kong and the United Arab Emirates were sanctioned Tuesday for allegedly coordinating $100 million worth of cryptocurrency transfers from the sale of Iranian oil for the benefit of Iran's government and military.
SharesShipping companies support a first-ever global fee on greenhouse gases, opposed by Trump officials
Nearly 200 shipping companies said Monday they want the world's largest maritime nations to adopt regulations that include the first-ever global fee on greenhouse gases to reduce their sector's emissions.
SharesYoung activists won a landmark state climate trial. Now they’re challenging Trump’s orders
Young climate activists and their attorneys who won a landmark global warming trial against the state of Montana are trying to convince a federal judge to block President Donald Trump's executive orders promoting fossil fuels.
SharesSome NATO members skeptical of going cold turkey on banning Russian oil despite Trump’s push
Some NATO countries have said they cannot immediately end Russian oil and gas purchases, despite President Trump's insistence on a 100% ban in exchange for heavy U.S. sanctions on Moscow.
SharesU.S. electric grids under pressure from energy-hungry data centers are changing strategy
With the explosive growth of Big Tech's data centers threatening to overload U.S. electricity grids, policymakers are taking a hard look at a tough-love solution: bumping the energy-hungry data centers off grids during power emergencies.
SharesCourt rules Europe can call nuclear and natural gas sustainable investments for its green transition
Nuclear energy and natural gas will still be considered environmentally sustainable investments in the European Union following a court ruling Wednesday, potentially driving massive amounts of financing toward projects that are not widely considered "green."
SharesU.S. official sees Greece as hub to boost American natural gas exports
A U.S. Cabinet official overseeing a planned expansion of natural gas exports to Europe said Thursday that Greece could play a key role through its pipeline system that extends across the region.
SharesMauritania, resource-rich Islamic nation, weighs economic boost from joining Trump’s Abraham Accords
Two decades after severing ties with Israel, the western African nation of Mauritania is poised to play a key role in kickstarting the stalled Abraham Accords -- a major diplomatic initiative of President Trump.
SharesWind and solar power fuel over one-third of Brazil’s electricity for first time
Wind and solar power generated more than a third of Brazil's electricity in August, the first month on record the two renewable sources have crossed that threshold, according to government data made public on Thursday and analyzed by energy think tank Ember.
SharesTrump administration seeks to revoke Biden-era rule conserving public lands
The Trump administration moved Wednesday to rescind a Biden-era rule that aimed to conserve land owned by the federal government, saying it prohibits valuable uses for the lands such as mining or drilling.
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