Policies

Oil prices are expected to drift lower in 2025, a gift for incoming President Donald Trump.

Oklo and data center operator Switch announced a deal on Wednesday, in which the nuclear startup would deploy 12 gigawatts of power over the next two decades.

Moldova’s parliament on Friday voted to approve a state of emergency, citing fears of an immediate threat to energy security.

The president-elect is setting up a new National Energy Council with the goal of “U.S. energy dominance.”

“Additional LNG and additional competition is welcome,” told CNBC’s Dan Murphy at the Doha Forum.

“It’s not a good idea to bring volumes in the first quarter,” Saudi Arabia’s Abdulaziz bin Salman assessed, with reference to demand and global uncertainty.

OPEC+ is struggling to bring barrels back to the market with prices under pressure from soft China demand and strong U.S. production.

This production cut was previously due to start being phased out in December.

Britain’s Shell and Norway’s Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly owned energy company.

Britain is forecast to hit “peak petrol” in 2024, according to a new report, with EVs on track to assume a much bigger share of the country’s car market.