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Energy

  • Business

Coastal Virginia Offshore Wind to restart work after Trump suspension lifted

Sagar4 months ago02 mins

Employees of Dominion Energy gaze at one of two wind turbines located 27 miles off of Virginia Beach in the Atlantic Ocean on July 17, 2023. The two turbines are part of a pilot program for the Coastal Virginia Offshore Wind Program. Kendall Warner | Virginian Pilot | Tribune News Service | Getty Images Coastal…

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  • Business

Trump wants tech companies to foot the bill for new power plants because of AI

Sagar4 months ago03 mins

U.S. President Donald Trump gestures, before boarding Air Force One en route to Detroit, Michigan, at Joint Base Andrews, Maryland, U.S., January 13, 2026. Evelyn Hockstein | Reuters The Trump administration on Friday will push the largest electricity grid in the U.S. to make the big technology companies pay for new power plants. Electricity prices…

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  • Business

New York offshore wind project to resume construction after judge lifts Trump suspension

Sagar4 months ago02 mins

The Marmac 306, a cable laying barge, in the New York Harbor in New York, US, on Thursday, July 17, 2025. The crew of an American-flagged barge will lay cable to connect the Empire Wind farm to New York City’s grid a milestone for an embattled sector. Bryan Derballa | Bloomberg | Getty Images Empire…

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Automakers Ford and GM jump into energy storage, competing with Tesla

Sagar4 months ago06 mins

U.S. automakers are increasingly entering the energy storage business as they pivot away from electric vehicles and try make use of battery factories that cost billions of dollars. Energy storage uses a lot of the same underlying technology as EV batteries to store power for homes, businesses and even utilities. Tesla has been investing in…

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  • Business

Oil prices fall 3% after Trump says ‘killing has stopped’ in Iran

Sagar4 months ago03 mins

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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  • Business

Orsted wins reprieve on Revolution Wind project halted by Trump

Sagar4 months ago02 mins

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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How AI bubble story is playing out inside one booming energy stock

Sagar4 months ago011 mins

Bloom Energy power storage equipment, San Ramon, California. Smith Collection | Gado | Archive Photos | Getty Images A million bubbles were swirling inside each glass of Champagne poured on New Year’s Eve — which seems about like the number of times artificial intelligence bubbles have been mentioned by tech investors, economists and media pundits…

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Trump seeks to stop courts from seizing Venezuela oil revenue

Sagar4 months ago02 mins

U.S. President Donald Trump takes questions from members of the media during a meeting with oil and gas executives in the East Room of the White House on Jan. 9, 2026 in Washington, DC. Alex Wong | Getty Images U.S. President Donald Trump on Friday signed an executive order that aims to block the seizure…

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What the Big Oil executives told Trump about investing in Venezuela

Sagar4 months ago03 mins

Leading U.S. oil executives told President Donald Trump at the White House on Friday that Venezuela will need major reforms to attract investment. Trump said Friday the industry would invest at least $100 billion to rebuild Venezuela’s energy sector with U.S. security guarantees. But the CEOs of big oil companies like ExxonMobil and ConocoPhillips did…

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Anthropic’s Amodei siblings may hold the key to generative AI

Sagar4 months ago06 mins

SAN FRANCISCO — Daniela Amodei has an energy that’s hard to place — warm, unhurried, immediately present. She swept into a sunlit room on the ground floor of Anthropic‘s headquarters in December, sat down, and immediately apologized for her mug. “Is my, like, gigantic novelty mug going to be distracting if I have it?” she…

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