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NextEra Energy Receives Approval From President Donald J. Trump to Develop up to 10 GW of Natural Gas‑Powered Generation to Meet Nation’s Historic Power Demand

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JUNO BEACH, Fla., March 19, 2026 /PRNewswire/ — NextEra Energy, Inc. (NYSE: NEE), the largest energy infrastructure builder in the United States, confirmed today that President Donald J. Trump has approved the development of up to 10 gigawatts of natural gas?powered generation in Texas and Pennsylvania. The approval, made in connection with Japan’s $550 billion …

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Locked Out BP Workers Picket Outside Indiana Refinery Amid Labor Contract Dispute

Conventional Energy, Energy Topics & Technology, Latest, Oil, Refineries, US News / By

  Workers at BP’s Whiting, Indiana, refinery began picketing on Thursday after the British oil major barred more than 800 union members from entering the facility, following months of stalled contract negotiations. The labor dispute at Whiting, the Midwest’s largest refinery, comes at a time of elevated gasoline and diesel prices as the Middle East …

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Japan May Stockpile US Oil Domestically, PM Says

Conventional Energy, Latest, Oil, US News / By

Japan may start stockpiling U.S. oil domestically, Prime Minister Sanae Takaichi said during her visit to the United States, as it looks to diversify procurement and strengthen energy security. Before Japan tapped its strategic oil stocks this week in a record release to offset fallout from Middle East supply disruptions and rising energy prices, it …

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Restoring Oil Flow From Gulf Could Take Six Months, IEA Chief Tells FT

CDN and International News, Conventional Energy, Latest, Oil / By

  The International Energy Agency chief Fatih Birol warned in an interview with the Financial Times on Friday that it could take up to six months to restore oil and gas flows from the Gulf, saying the world is facing what could be the most severe energy crisis in history. “It will be six months …

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Shipping Strikes, Oil Price Spikes and a Deadly New Gulf Crisis

CDN and International News, Conventional Energy, Latest, Oil / By

As Somali pirates hijacking giant cargo vessels and tankers from tiny motorised skiffs wreaked havoc across the region from the mid-2000s to the early 2010s, a tiny group of UK military reservists in a bungalow in the gardens of the British diplomatic mission in Dubai found themselves fielding daily calls from panicked merchant ships. The …

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Trump Demands Halt to Energy Facility Attacks as Prices Soar

Conventional Energy, Energy Topics & Technology, Finance, Forecasts, Latest, Natural Gas, Oil, US News / By

Brent crude rose more than 10 per cent to as high as US$119 a barrel on Thursday By Patrick Sykes and Dana Khraiche U.S. President Donald Trump called on Israel and Iran to stop attacks on energy facilities as the war in the Middle East escalated, with damage to key oil and gas infrastructure triggering …

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War in Iran is Reshaping the Global Gas Market for Years to Come

CDN and International News, Conventional Energy, Latest, LNG, Natural Gas / By

The industry is staring down prolonged disruptions in the Persian Gulf. Emerging economies are already paying the price. By Ruth Liao, Stephen Stapczynski and Priscila Azevedo Rocha Each week the world’s largest liquefied natural gas plant remains shut, the world loses the equivalent of enough energy to power Sydney’s homes for an entire year. Qatar’s …

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US Issues New 30-Day Waiver for Sale of Russian Oil, Adding Cuba, N.Korea Exceptions

Conventional Energy, Latest, Oil, US News / By

(Reuters) – The United States issued a new general license on Thursday to replace an earlier waiver for the sale of Russian-origin crude oil and petroleum products loaded on tankers as of March 12, according to the U.S. Treasury Department. The license, which expires on April 11, replaces and supersedes a similar 30-day sanctions waiver …

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Goldman Sachs Flags Upside Risks to Oil Prices in Near Term and Into 2027

CDN and International News, Conventional Energy, Energy Topics & Technology, Finance, Latest, Oil / By

(Reuters) – Goldman Sachs said on Thursday that risks to oil prices remain skewed to the upside both in the near term and into 2027. The bank added that the persistence of several past large supply shocks highlights the possibility that oil prices could remain above $100 per barrel. Benchmark Brent crude surged above $119 …

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