Sailors and marines man the rail as the U.S. Navy Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) is guided by tugboats in San Diego Bay as it returns to its homeport of Naval Air Station North Island on Dec. 20, 2024 in San Diego, California. Kevin Carter | Getty Images The U.S. military on…
US President Donald Trump speaks to the press about a critical minerals stockpile with $12 billion in initial funding, as Washington seeks to lower reliance on China for rare earths and other resources, in the Oval Office of the White House in Washington, DC, on February 2, 2026. Saul Loeb | Afp | Getty Images…
A local resident watches on as the remaining area of the Harcourt fire burns in the background on January 12, 2026 near Harcourt, Australia. Jesse Thompson | Getty Images News | Getty Images The catastrophe bond market shattered a host of records in 2025 — and many expect another banner year as investors flock to…
Chevron CEO Mike Wirth said Friday that Venezuela has taken positive steps to protect investment by private oil companies since the Trump administration captured former President Nicolás Maduro. Venezuela on Thursday passed reforms to its hydrocarbon law that ease state control of the oil industry and grants private producers more autonomy. Wirth said Chevron is…
Signage at a Chevron gas station in San Mateo, California, US, on Thursday, Jan. 29, 2026. Benjamin Fanjoy | Bloomberg | Getty Images Chevron on Friday reported fourth-quarter earnings that beat Wall Street estimates as record oil production offset the pinch of lower crude prices. Last year, oil logged its biggest annual price decline since…
Crude oil prices rose more than 2% on Thursday as President Donald Trump weighed military strikes on OPEC member Iran. U.S. crude rose $1.56, or 2.5%, to $64.77 per barrel. Global benchmark Brent was up $1.59, or 2.3%, to $69.99 per barrel. Multiple sources told Reuters that Trump is weighing targeted strikes on Iranian security…
Crude oil prices rose Wednesday, after President Donald Trump warned Iran that a “massive Armada” is heading in its direction and time is running out to make a deal on its nuclear program. Global benchmark Brent rose 83 cents, or 1.23%, to close at $68.40 per barrel. U.S. crude oil gained 82 cents, or 1.31%,…
Urenco USA enriched uranium storage capsules. Adam Jeffery | CNBC The Department of Energy announced Wednesday an initiative aimed at building out the nation’s nuclear fuel supply chain as interest in the emissions-free power source grows. The DOE is asking states to express interest in hosting “Nuclear Lifecycle Innovation Campuses,” which would support activities across…
Students at a tech university in Dublin are enjoying an unexpected perk of artificial intelligence — it’s helping heat their campus. Since 2023, the Technical University of Dublin’s Tallaght campus has been one of a growing number of buildings in the southwest suburban area of the city to be heated by waste heat from a…
Thomas Fuller | Lightrocket | Getty Images USA Rare Earth shares rallied on Monday after the critical minerals startup announced that the Department of Commerce will take an equity stake. Commerce has issued a letter of intent that would provide USA Rare Earth with a $1.3 billion loan and $277 million in federal funding. USA…
