What Happened at Ust-Luga Russia’s Baltic port of Ust-Luga closed after a drone attack on Wednesday, creating an immediate logistics problem for refined products moving out of the country. The strike damaged a rail unloading rack for petroleum products at the terminal,
What Happened The White House appointed several high-profile technology executives to the President’s Council of Advisors on Science and Technology (PCAST), a panel that will weigh in on AI policy and other science-and-technology issues. The new members include Meta Platforms (META) CEO Mark Zuckerberg, Oracle (ORCL) Executive Chairman Larry
What Happened Russia is facing an unusually large disruption to its oil export system, with at least 40% of crude export capacity currently halted after a wave of attacks and logistical setbacks. The outage follows intensified Ukrainian drone strikes on oil and fuel infrastructure,
What Happened Microsoft (MSFT) has agreed to rent a large data center project in Texas that had previously been discussed for Oracle (ORCL) and OpenAI. The site is in Abilene and is positioned next to Oracle and OpenAI’s flagship Stargate campus. The project is described as totaling roughly 700 megawatts of capacity,
What The Energy Department Just Signaled The U.S. Energy Secretary said the United States is “highly unlikely” to release additional oil from the Strategic Petroleum Reserve (SPR) to calm energy markets during the war with Iran. The comments were made in a
What Happened at CERAWeek The United States and French energy major TotalEnergies (TTEF.PA) said they will redirect nearly $1 billion away from offshore wind leases and toward U.S. oil and natural gas production. The agreement was announced at the CERAWeek energy conference in Houston by TotalEnergies
What Happened Ecolab (ECL) said it will acquire CoolIT Systems from funds managed by KKR (KKR) for about $4.75 billion in cash. The move positions Ecolab more directly in the fast-growing market for liquid cooling, a key enabling technology for increasingly power-hungry AI data centers. In premarket trading, shares of Ecolab were
What The White House Released The White House unveiled a four-page artificial intelligence policy framework designed to serve as a legislative roadmap for Congress. The document pushes for one federal standard that would pre-empt a patchwork of state-level AI rules, while adding guardrails aimed
What Happened NextEra Energy (NEE) said the U.S. President approved the development of up to 10 gigawatts of natural gas-fired power generation in Texas and Pennsylvania. The approval was presented as part of a broader U.S.-Japan trade agreement framework. NextEra said it will build and operate the projects, which are expected to be jointly
What Happened Qatar’s state-owned QatarEnergy said Iranian attacks damaged key export infrastructure and will sideline a meaningful slice of the country’s liquefied natural gas supply for years. The company’s CEO and state minister for energy affairs, Saad al-Kaabi, said the strikes knocked
What Happened at Ust-Luga Russia’s Baltic port of Ust-Luga closed after a drone attack on Wednesday, creating
What Happened The White House appointed several high-profile technology executives to the President’s Council of Advisors
What Happened Russia is facing an unusually large disruption to its oil export system, with
What Happened Microsoft (MSFT) has agreed to rent a large data center project in Texas that had previously
What The Energy Department Just Signaled The U.S. Energy Secretary said the United States is
What Happened at CERAWeek The United States and French energy major TotalEnergies (TTEF.PA) said they will redirect
What Happened Ecolab (ECL) said it will acquire CoolIT Systems from funds managed by KKR (KKR) for about $4.75 billion in cash.
What The White House Released The White House unveiled a four-page artificial intelligence policy framework designed to serve as
What Happened NextEra Energy (NEE) said the U.S. President approved the development of up to 10 gigawatts of natural gas-fired power generation
What Happened Qatar’s state-owned QatarEnergy said Iranian attacks damaged key export infrastructure and will sideline a meaningful
