AI Boom Faces Power Crisis Without Global Renewable Surge

The global AI and data center boom will need acceleration of renewable energy rollout to avoid plunging millions of people into energy poverty as power bills jump, the founder of…

Tullow Oil Strikes Major Refinancing Deal with Glencore

Tullow Oil, a London-listed firm focused on oil and gas developments in Africa, has extended debt maturities by two and a half years in a major refinancing agreement with the…

Oil Heads for First Weekly Gain in Three as US-Iran Tensions Rise

Summary Oil prices hold near six-month high Strait of Hormuz supply risk in focus Traders and investors bet on rising prices: Saxo Bank (Reuters) – Oil prices traded near six-month…

Oil Prices Head for First Weekly Gain Since January on Iran Tensions

Crude oil prices were on course for their first weekly increase after three consecutive weekly losses, following President Trump’s latest threat to Iran that gave the country 10-15 days to…

Shell Moves Ahead With Venezuela Gas Project After U.S. Sanctions Relief

Shell plans to proceed with a natural gas project in Venezuela following Washington’s issuance of so-called general licenses for energy operators willing to invest in the country. “The issuance of…