Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.
Category: Energy Department
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Why Oil Prices Surged Even After the Release of Strategic Reserves
Reserves or no reserves, the outlook remains bleak as long as a major oil and gas trade route remains virtually closed.
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U.S. Solar Installations Fell in 2025 as Trump Attacked Clean Energy
More solar energy was added to U.S. grids than any other technology, but the amount installed fell by 14 percent, according to a new report.
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The (Many) Wrinkles in Trump’s Vision for Venezuela
President Trump appears committed to laying claim to Venezuelan oil for a long time. But there are plenty of reasons for U.S. businesses to be wary.
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Optimism About Nuclear Energy Is Rising Again. Will It Last?
Companies like Kairos Energy are building new types of reactors with the encouragement of the Trump administration, but their success is far from assured.
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Trump Media Merger With Nuclear Fusion Firm Raises Ethics Questions
Trump Media plans to merge with a company developing nuclear fusion technology, putting the president’s financial interests in competition with other energy companies over which his administration holds sway.
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Harold Hamm, Oklahoma Oil Tycoon, Allies With Trump to Reshape U.S. Energy
Harold Hamm, an Oklahoma oil tycoon, has played a central role in reshaping energy policy by allying himself with President Trump.
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Groups Sue to Reverse Trump’s Cuts to Energy Projects in Democratic States
A lawsuit filed on Monday argued that the president has discriminated against blue states by slashing federal funds for political leverage during the shutdown.
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E.P.A. Retreats From Plans to End the Energy Star Program
The agency has faced blowback from business leaders and Republicans over plans to end the popular energy efficiency program.