Energy
Trump says countries that purchase oil from Venezuela will pay 25% tariff on any trade with U.S.
Venezuelan migrants deported from the United States and stranded in Honduras disembark from a Conviasa Airlines plane upon arrival at Simon Bolivar International Airport in Maiquetia, Venezuela on March 24, 2025. Juan Barreto | Afp | Getty Images President Donald Trump said Monday countries that buy oil and gas from Venezuela will face a 25% […]
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Mining giant Fortescue says Big Oil is getting it wrong on renewables: ‘Your customers want green energy’
Fortescue Metals Group non-executive Chairman, Andrew Forrest, speaks during a Sustainability Week conference in London on March 11, 2025. Adrian Dennis | Afp | Getty Images Australian mining tycoon Andrew Forrest, founder and executive chairman of Fortescue, says Big Oil is getting it wrong on renewables — at a time when European energy majors are […]
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Heathrow Airport had enough power to avoid shutdown after fire, Britain’s National Grid says
A reads “Do Not Travel To Heathrow Airport” at Hounslow Central London Underground station on March 21, 2025. Jaimi Joy | Bloomberg | Getty Images Heathrow Airport had enough power to remain open on Friday, after the London hub spent most of the day closed due to a fire at a nearby electrical substation, according […]
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As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto
Richard Teng, chief executive officer of Binance Holdings Ltd., at an event hosted by the Foreign Correspondents Association in Singapore, on Tuesday, Sept. 17, 2024. Ore Huiying | Bloomberg | Getty Images Binance CEO Richard Teng says the Trump administration has been a “fantastic” reset for the cryptocurrency industry. “It’s an extremely different environment that […]
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Michigan nuclear plant shows the challenges the U.S. will face in safely restarting old reactors
The Palisades nuclear power plant in Covert, Michigan, Feb. 24, 2025. Spencer Kimball | CNBC COVERT, Mich. — A nuclear power plant on the shores of Lake Michigan is aiming to make history this fall by becoming the first reactor in the U.S. to restart operations after shutting down to be eventually dismantled. The effort […]
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After a college football career and 2 failed House races, Bo Hines is helping steer U.S. crypto policy
U.S. President Donald Trump speaks as Crypto czar David Sacks, U.S. Treasury Secretary Scott Bessent, U.S. Commerce Secretary Howard Lutnick, and Executive Director of the Presidential Council of Advisers for Digital Assets Bo Hines attend the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters […]
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Heathrow shutdown is a ‘dramatic learning curve’ in airport crisis management, expert says
The closure of London’s Heathrow Airport due to a nearby fire on Friday has put the focus on the aviation industry’s ability to handle a crisis, according to a travel industry expert. At the time of writing, Heathrow remained shut after a fire at an electricity substation that caused a power outage on Friday. “The […]
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Trump signs order to increase critical mineral production in the U.S.
U.S. President Donald Trump speaks during the signing event for an executive order to shut down the Department of Education, in the East Room at the White House in Washington, D.C., U.S., March 20, 2025. Carlos Barria | Reuters President Donald Trump on Thursday signed an executive order to increase domestic production of critical minerals, […]
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Abu Dhabi’s ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers
A car drives past a building of the Digital Reality Data Center in Ashburn, Virginia, U.S., March 17, 2025. Leah Millis | Reuters Sovereign wealth fund ADQ and American private equity firm Energy Capital Partners, or ECP, have signed a deal for a $25 billion investment partnership dedicated to increasing power generation, primarily in the […]
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Energy Secretary Chris Wright says Trump push to produce more oil is driving down prices
Energy Secretary Chris Wright said Thursday that the oil market is discounting President Donald Trump’s push to produce more crude and gas in the United States. “We’ve seen a market discounting the fact that clearly it’s going to be easier to produce oil and gas in the United States,” Wright told CNBC’s “Squawk Box.” “More […]
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