The $7 Trillion AI Boom Is Turning Into The Energy Trade of the Century
You might think that Shark Tank’s “Mr. Wonderful,” Kevin O’Leary, is betting it all on AI, but he is not. He is betting on the $5+ trillion in infrastructure…
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You might think that Shark Tank’s “Mr. Wonderful,” Kevin O’Leary, is betting it all on AI, but he is not. He is betting on the $5+ trillion in infrastructure…
Oil prices tumbled as markets bet Strait of Hormuz disruptions will ease, with Brent down 10% on the week and Middle East crude benchmarks slipping into contango.
The Eagle Ford shale play has shown remarkably consistent crude oil production and rising natural gas output in recent years. A formation beneath the Eagle Ford has been…
The world’s largest battery maker is taking a step back from the eclectic vehicles sector to refocus its efforts on energy storage. China’s Contemporary Amperex Technology Co. Ltd.…
August WTI crude oil futures kept falling sharply during the week ending June 26. Traders continued to take out the extra price they had added earlier because they worried about…
Data center developers are scrambling for reliable power, turning away from congested grids and toward on-site fuel cells. Rystad Energy research and analysis projects a tenfold increase in…
Last week, Angola's state oil company, Sociedade Nacional de Combustíveis de Angola (Sonangol), secured a $2.65-billion financing deal with a consortium of international…
Amid an ongoing row between Washington and Tehran over whether international monitors can verify Iranian compliance with its nuclear nonproliferation commitments, former officials have told RFE/RL that the…
Grappling with a severe shortage, Russia is seeking to purchase a significant volume of gasoline from neighboring Kazakhstan. Astana appears hesitant to fulfill the request, however, apparently concerned…
Over the past 20 years, the story seemed straightforward. Big Oil would gradually become Big Energy. Over time, oil majors would use their balance sheets, engineering expertise, and…
Egypt has steadily been increasing its renewable energy capacity and has even bigger plans for the coming decade. While Egypt continues to rely heavily on fossil fuels, that…
With major plans for space travel, several governments are proposing lunar energy production, including solar and nuclear projects. In May, NASA announced plans to send robotic landers, hopping…