Energy
Oil prices fall 3% after Trump says ‘killing has stopped’ in Iran
Oil prices fell 3% on Thursday after comments from U.S. President Donald Trump calmed fears that an American strike on Iran could be imminent. Brent crude oil futures, the global benchmark, dipped by 2.8%, or $1.87, to settle at $64.63 a barrel. Front-month West Texas Intermediate crude lost $1.79, or 2.9%, to trade at $60.23 […]
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Exxon Mobil hit a record after Trump threatened to cut it out of Venezuela — here’s why
Exxon Mobil hit record highs this week after rubbing President Donald Trump the wrong way at a White House meeting on investment in Venezuela. Trump said Sunday he is inclined ” to keep Exxon out ” of Venezuela, after CEO Darren Woods told the president that the South American nation is ” uninvestable .” Exxon’s […]
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How activist investors plan to take on Big Oil at the 2026 AGM season
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images Dutch group Follow This on Wednesday launched a newly revised strategy to take on Big Oil at the upcoming proxy season, seeking to increase shareholder pressure on the financial sustainability of fossil […]
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Big Tech is poaching energy talent to fuel its AI ambitions
Big Tech has been on an energy hiring spree. Technology companies investing heavily in artificial intelligence are bolstering their workforce with energy experts as they look to overcome the biggest bottleneck in scaling AI: access to power. Energy-related hiring jumped 34% year-on-year in 2024, according to data compiled by Workforce.ai for CNBC. Last year’s hiring […]
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Orsted jumps 6% after U.S. judge rules firm can resume wind project halted by Trump
A turbine blade is lifted onto a rack near tower sections at the Revolution Wind project assembly site at State Pier in New London, Connecticut, US, on Friday, Oct. 24, 2025. Bloomberg | Bloomberg | Getty Images Shares of Danish renewables giant Orsted rose nearly 6% on Tuesday morning, shortly after a U.S. judge cleared […]
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Cuba’s president says no current talks with the U.S. following Trump’s threats
Cuban President Miguel Diaz-Canel and U.S. President Donald Trump. Sergey Bobylev | Nathan Howard | Reuters Cuban President Miguel Díaz-Canel said Monday that his administration is not in talks with the U.S. government, a day after President Donald Trump threatened the Caribbean island in the wake of the U.S. attack on Venezuela. Díaz-Canel posted a […]
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Trump threatens to sideline Exxon from Venezuela’s oil: ‘They’re playing too cute’
Darren Woods, chairman and chief executive officer Exxon Mobil Corp., during a meeting with oil executives in the East Room of the White House in Washington, DC, US, on Friday, Jan. 9, 2026. Bloomberg | Bloomberg | Getty Images U.S. President Donald Trump threatened to sideline Exxon Mobil from Venezuela’s energy market, saying he didn’t […]
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What Trump’s Venezuela intervention means for Guyana’s vast oil wealth
A woman holding an umbrella crosses a road at the entrance of Demerara Harbour Bridge with a sign that reads “Essequibo belongs to Guyana” in Georgetown on September 2, 2025. Joaquin Sarmiento | Afp | Getty Images The Trump administration’s military intervention in Venezuela is expected to radically reshape regional risk, including when it comes […]
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World’s most vital oil chokepoint back in focus amid possible U.S. action against Iran
The Strait of Hormuz is once again back in focus as a possible U.S. intervention in Iran raises the risk of Tehran disrupting one of the world’s most critical energy chokepoints. U.S. President Donald Trump is considering a range of options against Iran, according to multiple media reports on Sunday, as it cracks down on […]
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Trump says no more Venezuelan oil or money to go to Cuba, pushes for deal
Tankers dock at the Matanzas terminal as Cubans brace for worsening fuel shortages after the U.S. seized Venezuela-linked tankers, cutting a vital energy lifeline in Matanzas, Cuba, Jan. 7, 2026. Norlys Perez | Reuters U.S. President Donald Trump on Sunday said no more Venezuelan oil or money will go to Cuba and suggested the Communist-run […]
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