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Energy

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Energy

Fuel Spike Propels EVs, China Gains Global Auto Dominance

Surging gasoline costs and policy shifts are accelerating electric vehicle adoption, fundamentally altering the global automotive landscape and supply chains.

EnergyApril 28, 2026

BP Profits Double to $3.2 Billion Amid Iran War Oil Surge

The energy giant's first-quarter earnings surged past expectations, primarily from oil trading gains after the Strait of Hormuz closure.

EnergyApril 28, 2026

Financing Gap Blocks Clean Energy Shift: Nations Face Debt Trap

Officials and experts meeting in Colombia highlight the financial hurdles preventing a global transition to cleaner energy, with developing countries facing significantly higher borrowing costs.

EnergyApril 28, 2026

Trump Administration Pays $900 Million to Halt Offshore Wind Projects

Two major wind developers, Bluepoint Wind and Golden State Wind, accept nearly $900 million to abandon U.S. leases, pivoting investments towards fossil fuels.

EnergyApril 27, 2026

Chinese Scientists Unveil Coal Fuel Cell, Captures Emissions

Researchers at Shenzhen University engineered a direct coal fuel cell that captures carbon dioxide, offering a potential path for clean energy generation from fossil fuels.

EnergyApril 27, 2026

Hormuz Closure Squeezes UK Households; Fuel, Mortgages Jump

The US-Israel conflict with Iran has choked a vital oil chokepoint, pushing up prices for fuel and energy, and leaving British families to absorb the financial strain.

EnergyApril 27, 2026

U.S. Scraps Iran Talks; Oil Prices Climb Amid Hormuz Uncertainty

President Trump cited 'infighting' within Iran's leadership for canceling envoy visits, fueling concerns over the critical Strait of Hormuz and pushing energy prices higher.

EnergyApril 27, 2026

Middle East War Accelerates Global EV Sales, Prices Surge

A new Middle East conflict has accelerated electric vehicle adoption worldwide, pushing prices higher and reshaping consumer priorities in major economies.

EnergyApril 26, 2026

Georgia Power Hikes Drive Bills Up 50%, Sparking Energy Cost Debate

Residents in Georgia face steep increases in electricity prices as new data centers strain the grid and a nuclear plant comes online, prompting calls for reform.

EnergyApril 25, 2026

Virginia Offshore Wind Project Advances Amid Political Crosscurrents

An $11.5 billion offshore wind farm in Virginia continues development despite federal efforts to halt clean energy projects, creating a political dilemma for local representatives.