QatarEnergy (QE) has bought 33 spot LNG cargoes this year from the US for delivery to South Korea, Taiwan, Bangladesh, India and Japan, four trade and industry sources told Reuters, as it tried to reduce disruption to…
Shell profit surges as Mideast war fuels oil prices
British energy giant Shell said Thursday that its net profit tripled to $10.8 billion in the second quarter as the Middle East war sent oil prices soaring.
Democrat Rep. Pallone plots data center crackdown
The top Democrat on the powerful Energy and Commerce Committee is threatening a nationwide data center moratorium if his party regains the House next year, a cudgel he says he’ll wield to achieve an aggressive…
NextEra, Brookfield to Build $100 Billion Kentucky Data Campus
Bloomberg) — NextEra Energy Inc., the largest US power utility, is teaming up with Brookfield on a more than $100 billion transformation of a shuttered Cold War uranium-enrichment facility in Kentucky into a data center…
Data center boom sparks lobbying surge
The number of companies, associations and advocacy groups lobbying around data center issues more than doubled this spring compared to the same time last year as Congress and the Trump administration sought to address the…
Oil Surges as Fresh Middle East Strikes Threaten Fragile Diplomacy
Oil prices climbed more than 3% as a fresh round of fighting across the Middle East undermined diplomatic efforts to end a five-month-old conflict that has roiled energy markets and disrupted flows through two of…
Europe Heads Into Winter With Its Weakest Gas Cushion In 15 Years
Europe is unlikely to refill its natural gas storage facilities to even 80% before winter, Equinor CEO Anders Opedal said on Wednesday, Reuters reported, raising the prospect that the continent will enter the heating season with…
Power Grids Reach Tipping Point as Heat, Data Center Boom Stress Aging Networks
(Bloomberg) — Back-to-back heat waves across the US are straining electricity grids serving millions of households and businesses amid a surge in demand from data centers that require around-the-clock power.
QatarEnergy set to extend LNG force majeure to October
Middle East LNG producing giant QatarEnergy is tendering more of its LNG carriers for charter as the crisis in the Gulf region rolls on.
New York Freeze Brings 2026 Data Center Rejections To 179; New Report Confirms Surging “Anti-Tech Sentiment”
On Tuesday, New York Gov. Kathy Hochul signed an executive order banning the construction of large data centers for one year. It’s the first statewide ban in the US, and yet another example of the growing…