Fuel & oil news
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Headlines
China Eyes Post-War Iran Reconstruction for Oil Access
China is positioning itself to lead post-war reconstruction in Iran, a move that could secure long-term access to critical Iranian oil reserves and reshape Middle East energy dynamics.
Constellation Energy and Walmart Sign Long-Term Nuclear Power Deal
Constellation Energy and Walmart have signed a long-term power purchase agreement for 176 MW of nuclear-generated electricity from the Dresden Clean Energy Center in Illinois, supporting Walmart's decarbonization goals.
Egypt Targets 60% Renewable Electricity by 2040
Egypt plans to generate 60% of its electricity from renewable sources by 2040, driven by private investment and favorable geography for solar and wind.
BofA raises global growth outlook, sees 75 bps Fed hikes despite easing inflation
Bank of America raised its global growth forecasts and expects the Fed to resume 75 bps rate hikes later this year despite easing inflation, citing a fragile Iran peace deal that eased energy concerns.
Aramco Helicopter Crash in Ras Tanura Kills All 14 on Board
A Saudi Aramco helicopter crashed in Ras Tanura, killing all 14 on board, raising concerns about potential disruptions at one of the world's largest oil export terminals.
Why the US Needs Its Neighbors for Energy Trade
North America's energy trade relies on two bilateral flows—Canadian oil to US refineries and US natural gas to Mexico—with executives urging minimal changes in upcoming USMCA talks.
Wolfe Research bullish on equities, sees AI and semiconductors driving H2 gains
Wolfe Research remains bullish on US equities for H2 2026, citing easing oil prices, resilient earnings, and AI investment as key drivers despite geopolitical risks.
Texas' Buda Limestone Oil Play Nears Depletion After Century of Output
The Buda Limestone formation beneath the Eagle Ford shale in Texas is nearly depleted, with only 12 million barrels of oil and 184 billion cubic feet of gas remaining after nearly a century of production.
AI Boom Drives $7 Trillion Energy Infrastructure Race
The AI boom is shifting focus to energy infrastructure, with a $7 trillion race to power data centers, as companies like Bitzero pivot from bitcoin mining to AI power provision.
Enbridge Stock: 5% Yield and 10-Year Outlook
Enbridge offers a 5% dividend yield and strong positioning in energy infrastructure, making it a candidate for long-term growth over the next decade.
China Quietly Dominates Clean Energy Trade War
China's near-total control of clean energy supply chains, especially solar panels and lithium-ion batteries, is driving a surge in exports as global demand rises amid the AI boom.
Energy Transfer Expands Nederland NGL Export Terminal, Boosts Ethane Capacity
Energy Transfer LP announced an expansion of its Nederland NGL export terminal, adding 240,000 bpd of ethane capacity and 55,000 bpd of LPG capacity, fully committed under long-term agreements.
ECB's Schnabel warns inflation risks remain despite easing energy prices
ECB board member Isabel Schnabel said inflation risks remain tilted to the upside despite easing energy prices after the US-Iran ceasefire, signaling further rate hikes may be needed.
NASA Plans Moon Base with Solar and Nuclear Power
NASA announced plans to develop a lunar base powered by solar panels and nuclear reactors, partnering with Intuitive Machines, Astrobotic, Blue Origin, and SpaceX.
Eos Energy Converts Storage Reservation Into Grid Battery Order for Texas
Eos Energy Enterprises received its first purchase order under a 2 GWh capacity reservation with Frontier Power USA, supporting a 400 MWh battery storage project in Texas.
Daqo New Energy to Build AI Data Center Energy Base in Kunshan
Daqo New Energy plans a RMB 6 billion manufacturing base in Kunshan for AI data center energy solutions, diversifying from polysilicon into energy storage and solid-state transformers.
Tigo Energy Launches Modular GO Storage System for European Homes
Tigo Energy has begun shipping its modular GO Optimized Energy Storage System to the European residential market, offering flexible capacity from 7.3kWh to 47.9kWh.
2 Oil Stocks Worth Buying as Crude Holds Near $70 a Barrel
Crude oil hovers near $70 a barrel, down sharply from April highs, as the Strait of Hormuz reopening pressures oil stocks, but long-term reserve building may support demand.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.