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Energy

Why the American battery boom is on shaky ground

By Nicolás Rivero
Jan 12, 2026 2:41 pm - As energy bills rise and power companies struggle to keep up with booming electricity demand, giant batteries have become a crucial tool for keeping the lights on around the United States.
Nicor Gas asks for $221 million price increase

By Susan Sarkauskas
Jan 09, 2026 2:37 pm - Nicor Gas is asking the state to approve a $221 million price increase, saying it needs the money to enhance the safety and reliability of the natural-gas system that serves residents in the Chicago suburbs and northern Illinois.
US intercepts fifth sanctioned tanker as it exerts control over Venezuelan oil distribution

By KONSTANTIN TOROPIN, AAMER MADHANI, and MICHAEL BIESECKER
Jan 09, 2026 1:06 pm - U.S. forces boarded another oil tanker in the Caribbean Sea on Friday, the U.S. military said, as the Trump administration targets sanctioned tankers traveling to and from Venezuela as part of a broader effort to take control of the South American country's oil.
Environmental groups celebrate signing of energy reform

By Maggie Dougherty
Jan 09, 2026 12:49 pm - Amid warnings of impending energy shortages, Gov. JB Pritzker on Thursday signed a wide-ranging energy reform package into law aimed at bolstering the state’s power grids after years of negotiations.
As Trump promises Venezuelan renaissance, locals struggle with crumbling economy

By REGINA GARCIA CANO and MATT SEDENSKY
Jan 09, 2026 8:06 am - At the White House, President Donald Trump vows American intervention in Venezuela will pour billions of dollars into the country’s infrastructure, revive its once-thriving oil industry and eventually deliver a new age of prosperity to the Latin American nation.
CITGO refinery in Romeoville, once owned by Venezuela, sold in December

By Denise M. Baran-Unland
Jan 07, 2026 12:47 pm - The U.S. strike on Venezuela on Jan. 3 and the subsequent arrest of its leader, Nicolás Maduro, likely won’t affect CITGO Petroleum Corporation Lemont Refinery, which is located in Romeoville.
US seeks to assert its control over Venezuelan oil with tanker seizures and sales worldwide

By KONSTANTIN TOROPIN
Jan 07, 2026 7:51 am - President Donald Trump's administration on Wednesday sought to assert its control over Venezuelan oil, seizing a pair of sanctioned tankers transporting petroleum and announcing plans to relax some sanctions so the U.S. can oversee the sale of Venezuela’s petroleum worldwide.
Peoples Gas files $202 million rate increase request with Illinois regulatory body

By MAGGIE DOUGHERTY
Jan 06, 2026 8:42 pm - Peoples Gas has filed a $202.3 million rate hike request with the Illinois Commerce Commission. If approved in full, typical residential Peoples Gas customers can expect to pay $10-11 more per month starting in 2027. Peoples Gas said the hike is needed to meet the ICC’s order to retire more than 1,000 miles of old iron pipes that carry natural gas underneath Chicago.
Trump says the US ‘needs’ Greenland for Arctic security. Here's why

By DANICA KIRKA
Jan 06, 2026 7:46 am - Greenland's strategic location above the Arctic Circle makes it a focal point in global security and trade debates.
Wall Street gains ground as crude prices and oil company stocks rise after the US raid on Venezuela

By MICHELLE CHAPMAN
Jan 05, 2026 4:31 pm - Stocks gained ground on Wall Street Monday to kick off their first full week of the new year.

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