AEP, SoftBank Ink Deal with US DOE for 10 GW Data Center Power
The mostly gas generation capacity will serve a 10-GW data center planned to rise at the site of a former gaseous diffusion plant in Pike County, Ohio.
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Trump Reports 'Productive Conversations' with Iran
'I have instructed the Department of War to postpone any and all military strikes against Iranian power plants and energy infrastructure for a five day period', Trump said.
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QatarEnergy Missile Strikes May Cause $100B Revenue Loss
QatarEnergy said it expects the damage to its Ras Laffan Industrial City caused by missile strikes to cost about $20 billion a year in lost revenue and to take up to five years to repair.
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Iberdrola Reaches Over 11 GW of Installed Capacity in US
'Avangrid's growing portfolio is helping to meet a surge in energy demand across the country brought on by the proliferation of data centers powering the country's AI revolution'.
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Maha to Acquire Stake in Venezuela's PetroUrdaneta
Maha made the decision following the U.S. Treasury's issuance of a 'general license' for certain transactions involving Petroleos de Venezuela.
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The Oil Prices You See Do Not Tell Market's Real Story
There's an ever-growing gap between the price of oil futures and supplies that determine costs for consumers in the real world.
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Fire Hits Oil Production at Major Libyan Field
The National Oil Corp said a leak-induced blaze that hit the Sharara crude pipeline had cut about half of production at the field, one of Libya's biggest with a declared capacity of 330,000 bpd.
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Iran, Trump Exchange Threats over Hormuz
The U.S. president gave Iran a two-day deadline to reopen the Strait of Hormuz or have its power plants bombed.
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Petrobras Discovers More Gas offshore Colombia
The new discovery in Block GUA-OFF-0 'consolidates the gas province and the gas potential in the Colombian offshore', Petrobras said.
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Australia Weighs LNG Windfall Tax
Prime Minister Anthony Albanese has asked Australia's Treasury to look into imposing a windfall tax on the country's vast liquefied natural gas industry.