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News Powered By AI

Norway’s national oil company’s profits double to $11.5bn amid war on Iran

by News Feed Editor | Aug 15, 2026 | Energy

Norway’s state oil company Equinor reported nearly doubled profits of $11.5bn in the second quarter, benefiting from elevated oil and gas prices amid geopolitical tensions affecting global energy supplies.

BP puts North Sea oil and gas business up for sale

by News Feed Editor | Aug 15, 2026 | Energy

BP has launched a formal sales process for its North Sea oil and gas operations, ending over six decades of production in the basin as the company pursues debt reduction and portfolio simplification.

Q&A: Does the World Need “Carbon Capture & Storage” to Reach Net-Zero?

by News Feed Editor | Aug 15, 2026 | Energy

Carbon capture and storage technology is considered critical for achieving net-zero emissions by major climate organizations, yet faces criticism over high costs, unproven performance at scale, and ties to the fossil-fuel industry.

Move Local Energy Goals Forward: Apply to the Energy Technology Innovation Partnership Project

by News Feed Editor | Aug 15, 2026 | Energy

The DOE’s Energy Technology Innovation Partnership Project is accepting applications through November 18, 2026, for coastal, remote, and island communities seeking to improve energy affordability and reliability.

Hormuz Attacks Push Oil Toward $100 Despite US Crude Build

by News Feed Editor | Aug 15, 2026 | Energy

Crude oil prices are climbing toward $100 per barrel amid stalled US-Iran negotiations and escalating attacks in the Strait of Hormuz, despite a substantial build in US inventories.

US Oil Drillers Add Even More Rigs As Oil Prices Stay Higher

by News Feed Editor | Aug 15, 2026 | Energy

US oil drilling rig counts increased this week to 593 total rigs, with crude production averaging 13.805 million barrels per day as oil prices rose.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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