Energy
Oracle expands Bloom Energy deal days after receiving $400 million stock warrant
K.R. Sridhar Cameron Costa | CNBC Oracle is poised to make a quick buck off an investment in Bloom Energy. On Thursday, Oracle was issued a warrant to purchase up to 3.53 million shares of the fuel cell maker at $113.28 a share, for a total investment of $400 million, as part of an agreement […]
Read More
Trump is blockading Iranian ports in the Persian Gulf. What does that mean?
A navy vessel is seen sailing in the Strait of Hormuz, a vital waterway through which much of the world’s oil and gas passes on March 1, 2026. Sahar Al Attar | Afp | Getty Images President Donald Trump on Monday rolled out a “blockade” of access to Iranian ports in the Persian Gulf to […]
Read More
Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep
Lightning occurs when META 4, an Oil Products Tanker, sails into Muscat Anchorage on March 21, 2026 at Sultan Qaboos Port in Muscat, Oman. Elke Scholiers | Getty Images President Donald Trump ordered a naval blockade of the Strait of Hormuz on Sunday, dimming hopes for a quick end to the conflict in the Middle […]
Read More
Why pressure is mounting at oil giant BP ahead of its annual general meeting
A sign at BP Plc petrol station in London, UK, on Monday, Aug. 4, 2025. Bloomberg | Bloomberg | Getty Images A growing chorus of dissenting investors appear to be ramping up the pressure on BP ahead of its annual general meeting. The Local Authority Pension Fund Forum (LAPFF), a top U.K. pension fund body, […]
Read More
Cathay Pacific to cut flights from mid-May to end-June as jet fuel prices surge
A Cathay Pacific Airbus A350 aircraft at Kingsford Smith Airport on August 18, 2021 in Sydney, Australia. Cathay Pacific Airways Ltd., is the flag carrier of Hong Kong with its main hub being at Hong Kong International Airport. James D. Morgan | Getty Images News | Getty Images Cathay Pacific Airways said on Saturday it […]
Read More
U.S.-Iran talks set to begin in Pakistani capital after delegations arrive
TOPSHOT – A policeman stands guard in front of a digital screen displaying news of USIran peace talks along a road in Islamabad on April 10, 2026. (Photo by Farooq NAEEM / AFP via Getty Images) Farooq Naeem | Afp | Getty Images Pakistan confirmed the arrival of a delegation of Iranian negotiators ahead of […]
Read More
Ireland gridlocked by fuel protests as Iran War drives prices higher
Trucks and tractors block O’Connell Street in the centre of the city, as protests continue for a third day against the rising cost of fuel due to the Middle East crisis, in central Dublin on April 9, 2026. (Photo by Paul Faith / AFP via Getty Images) Paul Faith | Afp | Getty Images Protests […]
Read More
What this real-world oil price says about the level of stress in the energy market
A general view of Navigator Terminals, an Oil storage depot along the River Thames on March 10, 2026 in London, England. Dan Kitwood | Getty Images News | Getty Images The fluctuating price of dated Brent, the global benchmark for real-world barrels of crude, has prompted energy analysts warn to that acute stress in the […]
Read More
Iran attacks on crucial Saudi pipeline and production facilities slash kingdom’s oil output
Saudi Arabia’s critical pipeline to the Red Sea suffered a recent attack from Iran, cutting throughput by 700,000 barrels per day. The attack hit a pumping station on the East-West pipeline, according to a state-news agency report. This pipeline brings crude oil from processing facilities near the Persian Gulf to an export terminal on the […]
Read More
Keir Starmer: ‘I’m fed up’ with Trump and Putin affecting UK energy costs
British Prime Minister Keir Starmer delivers remarks at the top of the Cabinet meeting to mark the fourth anniversary of Russia’s full-scale invasion of Ukraine at Downing Street on February 24, 2026 in London, England. Wpa Pool | Getty Images News | Getty Images British Prime Minister Keir Starmer said he is “fed up” seeing […]
Read More