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Jordan BlumFortune |
Amazon, Microsoft, Google, and Meta are all expanding in the Duke service footprint.
California's refinery closures near Los Angeles and San Francisco are occurring just as the Iran war limits global supplies.
The former CEO wants to sell the company to make money for shareholders rather than see Fermi's plans to fruition.
The smaller U.S. producers are the first movers bringing new oil wells online.
Fermi touts "acceleration in customer conversations" since the leadership changes.
Iran remains unwilling to give up its control over the Strait of Hormuz for now.
The U.S. blockade is working, but a potential global recession still looms.
Capital spending plans and consumer rate hikes are rising in tandem even though they aren't directly linked.
A coalition of U.S. allies is now working on a plan to safely secure the Strait of Hormuz.
Former 'Citgo Six' captive sees democratic elections as the only way to build international business trust in Venezuela again.
Williams is the "poster child" for gas pipeline and power growth amid the new construction boom.
Iran aims to control the Strait of Hormuz chokepoint for the foreseeable future with or without a ceasefire, experts said.
The war of attrition in Iran could lead to an Iranian "major victory" if the U.S. withdraws without controlling commerce.
The colocated data center and power plant campus would start with 2.5 gigawatts of power and the potential to double that size.
Ceding control of the Strait of Hormuz would represent a U.S. defeat worse than Vietnam, critics said.
The former BP chief is entering the AI age with American data center projects.
Emerald AI touts new fundraising success and partnerships with utilities and power generators.
Cairn Oil & Gas aims to rapidly grow as India's top private energy producer.
A bevy of efforts in the federal bureaucracy and Congress are underway to expedite power generation, pipelines, transmission, and grid...
The longer the Iran war lasts the more long-term demand destruction, inflation, and a global recession take hold.
The Meta AI complex represents an over 30% increase to Louisiana’s total power grid capacity.
Dow chairman and CEO Jim Fitterling estimates unwinding the shortages could take up to 275 days.
Global natural gas shortfalls from Qatari facility damages may last years, but a massive wave of U.S. export growth is underway.
Speaking at the CERAWeek by S&P Global event in Houston, TotalEnergies chairman and CEO Patrick Pouyanné said he is opting “not to litigate, but to...
“Physical supply changes don’t respond immediately,” said Wirth. “Even when strait reopens at some point, it will take time.”
The top priority remains reopening the Strait of Hormuz after the military offensive achieves enough success to weaken Iranian capabilities.
Venezuelan oil is a 'drop in the bucket' of the global supply shortage triggered by the Iran war.
Energy prices may jump to all-time highs soon as the Iran war escalates without a ceasefire or a clear victory.
The U.S. aims to fill gaps in global oil and gas demand from the Iran war, but big worldwide shortfalls mean big profits.
The U.S. plans to offer tanker and cargo insurance in a scramble to get exports moving—and ease prices.
Solving the insurance and security issues is massive so long as Iran can still strike tankers.
Energy prices continue to spike, but a worst-case scenario has yet to unfold.
Crude prices jumped 6% March 2, but they've risen 25% since the beginning of the year as Iranian tensions escalated.
Utilities announce hundreds of billions in spending as data centers boom and ratepayers' costs rise.
Form Energy is nearly ready to go public and scale up with its 100-hour battery storage systems.
As Trump builds the biggest military force since 2003 outside Iran, the U.S. impacts could swing from $2.50 to $5 gasoline.
A U.S. resolution in Cuba may not require full regime change, as the Cuban leadership rapidly runs out of options.
Forgent is riding the data center and power grid boom with a nationwide manufacturing expansion.
Helion Energy achieves plasma at a stunning 150 million degree Celsius, well above the threshold to eventually generate stable fusion power.
The EPA rescission sets a dangerous environmental precedent, critics say. But legal challenges and prevailing trends mean the industry won’t...
American Big Oil is returning to countries in the Middle East, Africa, and beyond to find new sources of oil and gas.
The Texas GulfLink project was just licensed to build an oil-shipping hub 30 miles into the U.S. Gulf, but demand for such projects has tumbled.
Meta, Google, Amazon, and more all hope to lean on a nuclear construction boom to power AI.
The new stockpile plans are compared the the 50-year-old Strategic Petroleum Reserve, created in response to the 1973 Arab oil embargo.
The massive Permian Basin merger creates a combined Devon with a $58 billion enterprise value.
Exxon maintains long-term interest in Venezuela despite Trump's threat to keep the company out, while Chevron aims to hike its Venezuelan volumes...
This year promises new scrutiny for justifying rate hikes and pressuring hyperscalers to cover their own power generation costs.
The White House stake in USA Rare Earth could exceed 15% for the mining and magnet-manufacturing player.
Trump's fixation on hiking oil volumes from OPEC and Venezuela to lower prices at the pump is leaving U.S. oil producers annoyed with weak domestic...
Critical Metals aims to launch heavy construction in early 2027 in Greenland to break China's chokehold on rare earths.
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