Energy
Watch Interior Secretary Burgum address oil industry as Trump hints at negotiated end to Iran war
[This stream is slated to begin at 9:40 a.m. ET] HOUSTON — Interior Secretary Doug Burgum will address oil and gas executives on Wednesday, as President Donald Trump has suggested a possible negotiated end to the U.S. war against Iran. Burgum will speak at S&P Global’s CERAWeek energy conference in Houston, Texas. The event draws […]
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War puts the Gulf’s once‑packed conference calendar on hold
Before the Middle East war, the Gulf had positioned itself to become one of the world’s busiest hubs for conferences, exhibitions, and high‑level events. The United Arab Emirates, Saudi Arabia and Qatar have each worked hard to be seen as the crossroads for business, politics and innovation, hosting global sporting events from Formula 1 to […]
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Oil drops more than 5% as Trump signals Iran talks despite Tehran denial
An Iranian security worker monitors an area in phase 19 of the South Pars gas field in Assalooyeh, on Iran’s Persian Gulf coast, on Aug. 23, 2016. Morteza Nikoubazl | Nurphoto | Getty Images Oil prices fell more than 5% Wednesday after U.S. President Donald Trump said that Washington and Tehran are “in negotiations right […]
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Venezuela opposition leader María Corina Machado calls for full privatization of oil industry
HOUSTON — Venezuela opposition leader María Corina Machado called Tuesday for the full privatization of the South American nation’s oil industry in an address that laid out her vision to energy executives and investors. “The Venezuelan state will get out of the way and pave the way to give the conditions so that the oil […]
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World has ‘never experienced’ soaring refining margins like this, TotalEnergies CEO tells CNBC
Roughly 15% of TotalEnergies’ production is offline, as the war with Iran nears the one-month mark, but surging oil prices have more than made up for the lost barrels, chairman and CEO Patrick Pouyanné told CNBC in an exclusive interview. With Brent crude trading solidly above $100 a barrel, much of the attention has focused […]
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Britain responds to Iran war energy shock by requiring solar panels and heat pumps in all new homes
Heat pump installer Richard Wilkins from Lotus Energy, screws in pipes to a Vaillant aroTHERM plus heat pump, that is being installed in a residential property in Farnham, Surrey, southwest of London, on June 2, 2025. Justin Tallis | Afp | Getty Images The U.K. government on Tuesday introduced new rules requiring developers to install […]
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Oklahoma’s governor picks energy executive Alan Armstrong to fill U.S. Senate seat through end of year
Alan Armstrong, then chief executive officer of Williams Cos., speaking at the 2024 CERAWeek by S&P Global conference in Houston, Texas, US, on Wednesday, March 20, 2024. F. Carter Smith | Bloomberg | Getty Images Oklahoma’s governor on Tuesday appointed energy executive Alan Armstrong to serve in the U.S. Senate through the end of the […]
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Iran attacks in Strait of Hormuz are ‘economic terrorism against every nation,’ UAE oil CEO says
Sultan Ahmed Al Jaber, chief executive officer of Abu Dhabi National Oil Co. (ADNOC), during India Energy Week in Goa, India, on Tuesday, Jan. 27, 2026. Dhiraj Singh | Bloomberg | Getty Images HOUSTON — The United Arab Emirates on Monday condemned Iran’s attacks against shipping in the Strait of Hormuz as a form of […]
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White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects
An aerial view of wind turbines at the Altamont Pass wind farm on January 13, 2026 in Livermore, California. Justin Sullivan | Getty Images The White House has agreed to pay TotalEnergies $1 billion to shelve East Coast wind farm projects that it condemned as “costly,” with the French energy giant’s investment set to be […]
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Asia wants more U.S. oil and gas to reduce Middle East dependence after Iran war, Burgum says
HOUSTON — Asian countries want to buy more U.S. energy to reduce their dependence on oil and gas exports from the Middle East, Interior Secretary Doug Burgum told CNBC on Monday. Japan, South Korea and Taiwan rely heavily on exports through the Strait of Hormuz. Oil tanker traffic through the strait has plunged as Iran […]
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