Coverage

Energy

28 stories on the Energy beat — every filing on this desk, newest first.

25ENERGY

Big Oil moves back into Venezuela as BP wins offshore licence

Less than nine months after the United States toppled Caracas's ruling strongman, British energy company BP has been named among the winners of an offshore exploration licence in Venezuela. An offshore licence is government permission to…

AUGUST 14, 20262 MIN
27ENERGY

Behind-the-meter power is drawing attention as one of this year's key energy investment themes

Power generated on a customer's own property, before it ever touches a utility company's grid, is being named one of the top energy plays for the remainder of the year. The industry term for this is "behind-the-me

AUGUST 13, 20262 MIN
38ENERGY

Saudi oil exports through Egypt's Mediterranean pipeline more than double as ships avoid Red Sea

Oil arriving at Egypt's Mediterranean port of Sidi Kerir has more than doubled, and most of it is Saudi crude. Shipping data firm Kpler tracked the change, showing that Saudi Arabia is routing barrels through a pipeline crossing Egyptian…

AUGUST 12, 20262 MIN
47ENERGY

Oil prices rise as attacks on vessels in the Red Sea and Gulf of Oman stoke supply fears

Global oil prices climbed on Wednesday after deadly attacks on ships in the Red Sea and Gulf of Oman amplified concerns about the security of international shipping routes. A shipping route

AUGUST 12, 20262 MIN
52ENERGY

Cramer's three-question market check: bonds, oil, and Nvidia

Reading the market, meaning tracking the collective mood of buyers and sellers across asset classes, sounds like a job for professional analysts with terminal access and hours to spare. CNBC host Jim Cramer says three data points do the…

AUGUST 12, 20262 MIN
56ENERGY

Oil crosses $83 a barrel as Iran holds Strait of Hormuz closure terms over market

U.S. crude oil climbed above $83 a barrel after Iran declared the Strait of Hormuz would remain closed until its conditions are satisfied. The Strait of Hormuz is a narrow waterway connecting the Persian G

AUGUST 11, 20262 MIN
78ENERGY

U.S. oil hits $80 as Strait of Hormuz deal doubts weigh on markets

Oil climbed to $80 a barrel for U.S. crude, a move driven by doubt over whether two governments can agree to keep a narrow waterway open. That waterway is the Strait of Hormuz, which connects the Persian Gulf to the Arabian Sea and serves…

AUGUST 10, 20262 MIN
89ENERGY

Oil rises as traders weigh mixed signals on a possible U.S.-Iran Strait of Hormuz deal

Oil prices rose as traders parsed competing signals from the United States and Iran over whether a deal to open the Strait of Hormuz is actually taking shape. The strait is the narrow water

AUGUST 10, 20262 MIN
95ENERGY

Iran denies direct Hormuz talks but says intermediaries carry messages to Washington

The word "direct" is doing heavy lifting in Tehran. Iran's foreign minister said his country is not engaged in direct talks with the United States about the Strait of Hormuz, the narrow waterway connecting the Persian Gulf to the Gulf of…

AUGUST 9, 20262 MIN
108ENERGY

Northwest Natural Gas lifts full-year earnings outlook after stronger-than-expected first half

A natural gas utility's first-half results came in above internal targets, and management is now signaling confidence the year will finish at the higher end of its forecast. Earnings per share, the portion of a company's profit allocated…

AUGUST 9, 20262 MIN
110ENERGY

Two energy infrastructure ETFs with the same sector bet but very different ten-year scorecards

Two energy infrastructure funds with nearly identical sector bets have produced meaningfully different long-term returns, and the spread points toward one clear pick. An exchange-traded fun

AUGUST 9, 20262 MIN
113ENERGY

Nine Republicans make closing arguments for Graham's Senate seat ahead of Aug. 11 primary

Nine Republican candidates competed for attention Saturday at a Florence County forum, one of the last public gatherings before South Carolina's Aug. 11 special Senate primary. The seat belo

AUGUST 8, 20262 MIN
122ENERGY

Texas Senate race tightens as Talarico polls ahead of Paxton with three months remaining

A Fox News poll now shows Democrat James Talarico holding a slim lead over Republican Ken Paxton in the Texas Senate race, 51 percent to 48 percent. That gap falls within the margin of error, meaning the poll's statistical uncertainty is…

AUGUST 7, 20262 MIN
137ENERGY

Oil prices hold steady as Strait of Hormuz shipping talks run through the day

Oil prices were little changed Tuesday as negotiations continued over how to manage vessel traffic through the Strait of Hormuz, the narrow passage at the mouth of the Persian Gulf through which a large share of the world's seaborne crude…

AUGUST 6, 20262 MIN
155ENERGY

Lucid CEO warns US electric-vehicle market cannot ignore Chinese competition

A shakeout, meaning a period when weaker competitors fail and exit the market, is coming for the American electric-vehicle sector. That is the warning from the new chief executive of Lucid, the EV manufacturer, who argues the United States…

AUGUST 5, 20262 MIN
165ENERGY

Oil price slide lifts stock futures as U.S.-Iran Strait of Hormuz deal hopes build

Stock futures climbed Tuesday as oil prices fell, with the move tied to expectations that the United States and Iran are close to a deal to reopen the Strait of Hormuz. The strait is a narrow shipping channel at the entrance to the Persian…

AUGUST 4, 20262 MIN
168ENERGY

BP to sell $4 billion US biogas business as profits more than double

A $4 billion sale of a biogas operation, the term for a business that captures methane from organic waste and injects it into gas pipelines as a low-carbon alternative to conventional natural gas, signal

AUGUST 4, 20262 MIN
170ENERGY

Russia builds out its shadow LNG fleet before EU sanctions tighten

Russia is adding ships to what traders call a shadow fleet, a collection of tankers that operate outside Western insurance networks and ownership registries, to keep liquefied natural gas moving after the European Union tightens sanctions…

AUGUST 4, 20262 MIN
182ENERGY

Democrats demand records on Trump and Lutnick family ties to critical mineral deals

Democratic senators are pressing five federal agencies for answers about whether the Trump and Lutnick families hold personal financial interests in critical mineral agreements. Critical minerals are raw materials governments classify as…

AUGUST 2, 20262 MIN
196ENERGY

Abu Dhabi drops its push to establish a global oil benchmark through Murban futures

A crude-oil benchmark is a reference price that markets use to value every barrel traded across the world. Abu Dhabi's state energy company, Adnoc, had spent years trying to build one of its own, anchored to its flagship Murban grade. The…

AUGUST 1, 20261 MIN
213ENERGY

Oil eases as Hormuz traffic recovers after U.S.-Iran strikes

Oil prices pulled back after traffic through the Strait of Hormuz began recovering in the wake of U.S.-Iran military strikes earlier this week. The Strait of Hormuz is the narrow waterway thr

JULY 31, 20261 MIN
224ENERGY

Oil prices climb as Iran threatens retaliation for U.S. strikes

Oil prices climbed after Iran threatened to respond to the latest United States military strikes, lifting both of the world's major crude benchmarks. Brent crude futures, the contract that sets the international price reference for oil…

JULY 30, 20262 MIN
236ENERGY

Oil falls further as U.S.-Iran fighting pauses and de-escalation hopes grow

Oil prices extended their losses on Monday after a pause in U.S.-Iran hostilities gave markets a reason to price in a calmer near-term outlook. De-escalation, the pulling back from active military confrontation, tends to reduce the risk…

JULY 29, 20261 MIN
252ENERGY

Trump Says U.S. Has Sold More Than $13 Billion of Venezuelan Oil After Maduro's Capture

Oil sales, meaning the dollar value of petroleum transactions conducted by whoever holds authority over a country's export pipeline, have crossed $13 billion for the United States since Washington took command of Venezuela's energy…

JULY 28, 20261 MIN
271ENERGY

Texas gained more than $5 billion in taxpayer income last year, IRS migration data show

Texas pulled in more than $5 billion in adjusted gross income from people moving across state lines, according to IRS migration data analyzed by the Tax Foundation. Adjusted gross income, the portion of a taxpayer's earnings that the…

JULY 26, 20262 MIN
276ENERGY

More than 60 commercial ships attacked across Persian Gulf, Strait of Hormuz and Gulf of Oman since March 1

More than 60 commercial ships have been struck in the Persian Gulf, the Strait of Hormuz, and the Gulf of Oman since March 1. A commercial vessel is any ship carrying cargo or fuel for profit rather than military purposes. The attacks form…

JULY 26, 20262 MIN
279ENERGY

Oil drops 3% on Pakistan-brokered Iran diplomacy report, weekly gain holds near 10%

Oil fell roughly 3% on Friday after reports surfaced that Pakistan is pushing for new diplomatic talks between the United States and Iran, with China providing backing for that effort. The daily decline is a price correction: a partial…

JULY 26, 20262 MIN
282ENERGY

China channels Belt and Road funding into green energy as Iran war weighs on oil demand

Green energy is pulling in capital that once leaned toward oil. With the war involving Iran continuing to weigh on oil demand and the Middle East conflict showing no clear end

JULY 26, 20261 MIN