OPEC+ Ups Its Production Quota for August, but Fighting Resumes in the Middle East
July 13, 2026Brent crude oil, the international benchmark, dropped after OPEC Plus announced it would modestly increase production. Oil prices were trading…
Chevron-Microsoft Deal Fuels a Large Data Center in Texas with Natural Gas
June 29, 2026Chevron plans to reach a final investment decision later this year on a power plant that would use natural gas…
Trump Buys Back Four More Offshore Wind Leases
June 24, 2026The Trump administration will pay $765 million to energy developer Invenergy, returning somewhat less than the cost of its four wind…
Virginia’s Residential Electric Rates Will Increase Under RGGI
June 18, 2026Virginia is scheduled to formally reenter the Regional Greenhouse Gas Initiative (RGGI) on July 1, after newly elected Virginia Governor…
Trump Administration Uses Defense Production Act to Support the Coal Industry
June 15, 2026President Donald Trump announced a plan to spend nearly $700 million to support coal-fired power plants and coal exports. Using…
EIA Projects OECD Oil Stocks to Fall to Record Lows
June 11, 2026The Energy Information Administration’s (EIA) Short-Term Energy Outlook (June 9, 2026) assumes that the Strait of Hormuz marine traffic does…
