Energy
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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Here’s how Jim Cramer is playing Monday’s stock market rebound
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. 1. Stocks surged Monday after President Donald Trump said the U.S. and Iran had “productive” discussions in recent days about a resolution to the Middle East conflict, and that he […]
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Trump administration plans to bring more diesel to market as fuel prices surge, Wright says
HOUSTON — The Trump administration plans to bring additional diesel to the market as fuel prices surge, Energy Secretary Chris Wright told CNBC on Monday. “We do have some ideas on diesel, that we can bring extra diesel to the marketplace,” Wright told CNBC’s Brian Sullivan in an interview. “I think we’ll see that happen […]
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Trump tells CNBC he is pausing strikes on energy infrastructure for five days after talks with Iran
U.S. President Donald Trump on Monday said he would order the military to postpone strikes on Iran’s power plants and energy infrastructure for five days following “productive” dialogue regarding “total resolution” of hostilities in the Middle East. Trump said in a post on his Truth Social platform that the U.S. and Iran had “VERY GOOD […]
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Oil prices rise as Trump’s Hormuz ultimatum and Iran threats keep markets on edge
In an aerial view, oil storage tanks are seen at the Big Spring Refinery on March 19, 2026 in Big Spring, Texas. Brandon Bell | Getty Images Oil prices rose in volatile trading on Monday as investors weighed the prospect of further escalation after President Donald Trump’s ultimatum demanding Tehran reopen the Strait of Hormuz […]
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Saudi Aramco boss pulls out of major international energy conference due to Iran conflict, source says
President and CEO of Saudi’s Aramco, Amin H. Nasser, speaks during the Future Investment Initiative (FII) in Riyadh, Saudi Arabia October 29, 2024. Hamad I Mohammed | Reuters Saudi Aramco Chief Executive Amin Nasser has cancelled his planned appearance at the CERAWeek energy conference in Houston to remain in Saudi Arabia because of the Iran […]
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U.K. confirms Iran fired two missiles at British-American base in Indian Ocean which failed to reach their target
The British Indian Ocean Territory (BIOT) or Chagos Islands (formerly the Oil Islands) is an overseas territory of the United Kingdom situated in the Indian Ocean, halfway between Africa and Indonesia. The largest island is Diego Garcia (area 44 km squared), the site of a joint military facility of the United Kingdom and the United […]
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