Chevron Exec: 'Drive Less' to Cope with High Gas Prices
A Chevron executive suggests Americans drive less and conserve energy to manage soaring gas prices amid the Iran war, as oil markets remain volatile and prices could climb further.
A Chevron executive suggests Americans drive less and conserve energy to manage soaring gas prices amid the Iran war, as oil markets remain volatile and prices could climb further.
Nearly 200 organisations demand restoration of $350 million in federal funding for rooftop solar and battery systems for low-income families in Puerto Rico, as chronic power outages and hurricane season loom.
A significant fire has broken out at the Geelong Oil Refinery in Corio, Victoria, with smoke visible for miles. Emergency services are responding to the incident at one of Australia's last two refineries.
A significant fire erupted at the Viva Energy-run Corio oil refinery in Geelong just after midnight, with authorities confirming it was out-of-control. The facility supplies 50% of Victoria's and 10% of Australia's fuel.
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RecommendedSome UK households with smart meters could receive cheaper or free electricity on weekends this summer to use excess solar and wind power, helping to balance the grid.
Former government advisor Professor Nick Butler calls for a work from home mandate to reduce fuel consumption amid Middle East conflict risks, warning diesel prices could surge past £2 per litre.
The UK government announces plans for better-targeted energy bill support for disabled benefit claimants as global oil prices surge due to the Iran conflict, with Labour facing scrutiny.
The closure of the Strait of Hormuz due to Middle East conflict has disrupted oil supply chains, creating a persistent risk premium on prices and increasing costs for fuel, plastics, and pharmaceuticals worldwide.
The closure of the Strait of Hormuz and rising insurance costs have created a persistent risk premium in oil markets, potentially ending the era of cheap oil and increasing costs across multiple industries.
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RecommendedRussia has committed to maintaining vital oil supplies to Cuba, which faces severe energy shortages after the US halted Venezuelan exports and Mexico stopped shipments.
The RAC expects petrol and diesel prices to drop by several pence per litre in the coming days, following a 43-day increase linked to the Middle East conflict, offering relief to drivers.
A high-pressure steam tube rupture at Vedanta's Singhitarai power plant in Chhattisgarh, India, resulted in 14 fatalities and 20 injuries. Prime Minister Modi and state officials have announced compensation and ordered an inquiry.
Personal finance expert Martin Lewis warns energy customers have a limited window to secure fixed-rate deals below the price cap before a predicted 14% increase in July, amid Middle East conflict impacts.
The average US gas price has exceeded $4 per gallon due to the US-Israel war on Iran, up from about $3 a year ago. This article explores how rising fuel costs are affecting travel, expenses, and daily routines for Americans.
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RecommendedDemocrat Ro Khanna introduces legislation to halt US gasoline exports during price surges, aiming to lower costs for Americans as the Iran war disrupts fuel supplies and boosts oil profits.
Great Britain is set for a record summer of renewable energy, prompting calls for households and businesses to shift energy-intensive tasks to times of abundant wind and solar power to cut costs and reduce grid strain.
A thinktank report claims Cuba could achieve 93.4% renewable electricity with an $8bn investment, ending reliance on fossil fuels and setting a Caribbean green energy example.
South Korea has secured over 270 million barrels of crude oil from four countries, ensuring a three-month supply unaffected by the US blockade of the Hormuz Strait.
Money Saving Expert Martin Lewis warns households to secure fixed energy rates now, as prices are predicted to surge 14% from July 1 due to Middle East volatility.
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RecommendedA new survey reveals 70% of Australian truck drivers fear they won't survive six months amid soaring fuel prices, with owner-operators at highest risk of immediate closure.
A new Uswitch survey reveals 57% of UK households have credit with energy suppliers after winter, totaling £3 billion. The average credit is nearly £200 per home, with many planning to leave funds to offset future bill hikes.
Energy suppliers are holding £3 billion in customer credit, up £179 million from last year. Uswitch urges households to check balances and consider refunds.
Prime Minister Anthony Albanese faces backlash for urging Australians to conserve fuel while undertaking multiple overseas flights to secure long-term energy supplies in Brunei and Malaysia.
Hawaiian Electric's $1.15 billion Waiau power plant upgrade faces new hurdles as FEMA designates the site a flood zone, threatening permits and federal funding.
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RecommendedFormer US President Donald Trump has launched a fresh attack on UK energy policy, urging more North Sea oil extraction and criticising wind energy developments.
Former US President Donald Trump has launched a fresh attack on UK energy policy, urging more North Sea oil extraction and condemning wind power. The SNP and UK Government have both responded.
Former US President Donald Trump has called for increased North Sea oil extraction, stating Aberdeen should be booming and criticising UK renewable energy policies in a Truth Social post.
Energy Secretary Chris Wright now calls summer gas price reductions 'aggressive' as national average hits $4.118 per gallon amid ongoing Iran conflict and Strait of Hormuz blockade.
Former US President Donald Trump criticises UK government for not expanding North Sea oil extraction, claiming Aberdeen should be booming like Norway's energy sector.
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RecommendedDonald Trump criticises Labour's Net Zero policies, urging the UK to open North Sea oil and gas extraction while attacking renewable energy efforts as Europe faces energy shortages.