The Middle East war and the mother of all oil shocks—the de facto closure of the Strait of Hormuz—have exposed the global dependence on oil and gas as buyers scramble for cargoes and consumers once again bear the brunt of spiking energy prices. Before the war, the world had just overcome the energy system disruption from the Russian invasion of Ukraine and the embargoes on Russian energy in most of the developed economies. Some thought this was the biggest energy shock this decade, and most governments placed energy security ahead of…

Iran’s Islamic Revolutionary Guard Corps (IRGC) warned Thursday that it could ignite a wider energy crisis across the Middle East if Iran’s own oil and gas infrastructure comes under attack. In a statement carried by state broadcaster IRIB, the IRGC said any strike on Iran’s energy facilities or ports would trigger a “crushing and devastating response.” The force warned that, in such a scenario, oil and gas infrastructure across the region linked to the United States and its Western allies would be “set on fire…

Iran’s Islamic Revolutionary Guard Corps (IRGC) warned Thursday that it could ignite a wider energy crisis across the Middle East if Iran’s own oil and gas infrastructure comes under attack. In a statement carried by state broadcaster IRIB, the IRGC said any strike on Iran’s energy facilities or ports would trigger a “crushing and devastating response.” The force warned that, in such a scenario, oil and gas infrastructure across the region linked to the United States and its Western allies would be “set on fire…

The U.S. Department of Energy is launching a $1.9 billion funding effort aimed at rapidly expanding the capacity of the nation’s power grid by upgrading existing transmission lines. This is instead of building entirely new ones. The initiative, called Speed to Power through Accelerated Reconductoring and other Key Advanced Transmission Technology Upgrades—mercifully shortened to SPARK—will fund projects that replace existing transmission wires with higher-capacity conductors and deploy advanced grid technologies designed to squeeze…

The U.S. Department of Energy is launching a $1.9 billion funding effort aimed at rapidly expanding the capacity of the nation’s power grid by upgrading existing transmission lines. This is instead of building entirely new ones. The initiative, called Speed to Power through Accelerated Reconductoring and other Key Advanced Transmission Technology Upgrades—mercifully shortened to SPARK—will fund projects that replace existing transmission wires with higher-capacity conductors and deploy advanced grid technologies designed to squeeze…

El canciller iraní Abbas Araghchi cuestionó públicamente el silencio de la UNESCO frente a los recientes ataques israelíes contra sitios históricos y arqueológicos en territorio iraní, algunos de ellos incluidos en la Lista del Patrimonio Mundial. En un mensaje difundido en la plataforma X, el...

Venezuela’s Lake Maracaibo, South America’s largest and oldest waterbody, is at risk. The lake is situated in the heart of the Maracaibo Basin, one of the continent’s richest oil-producing regions. After the Zumaque 1 wildcat well found black gold on Lake Maracaibo’s eastern shore, Venezuela’s oil industry rapidly expanded, covering the ancient waterbody with persistently leaking pipelines, storage tanks, and derricks. This triggered a devastating environmental disaster, which could worsen after the United States intervened…

La reina del salto triple, la venezolana Yulimar Rojas, regresa a un mundial de pista cubierta con la misma ambición y fuerza de siempre para conquistar otra medalla dorada en Torun Polonia, en el evento que se celebrará del 20 al 22 de marzo próximos. «Me ilusiona el hecho de...