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News
US Hits Several Iran Oil Tankers in Response to Warship Attack
4+ day, 21+ hour ago (864+ words) WATCH: Brent oil hit $100 as attacks between the US and Iran and a recovery in Chinese oil buying propelled the global crude benchmark higher. Stephen Stapczynski reports.Source: Bloomberg (Bloomberg) -- The US attacked more Iranian oil tankers overnight, with the…...
Why the Data Center Backlash Is a Defining Midterms Issue
5+ day, 1+ hour ago (786+ words) Illustration by Lucas Burtin How does the public view data centers? Public frustration is rising quickly. A survey conducted by the Annenberg Public Policy Center of the University of Pennsylvania in August found that about 61% of US adults oppose the…...
Fatal Floods Expose Threats to Hydropower in the Roof of the World
1+ week, 5+ day ago (1101+ words) (Bloomberg) -- The devastating deluge that swept through the mountain valleys on the border between Nepal and Tibet in China is a potent reminder of a growing green-energy risk in one of the world’s most hazard-prone areas. “Hydropower is very important…...
India Ordered to Uphold Pakistan Water Treaty, Curb Kashmir Dam
1+ week, 5+ day ago (618+ words) (Bloomberg) -- India must comply with a decades-old treaty governing river waters shared with Pakistan and limit construction on a hydropower project in the Kashmir region, an international arbitration panel ruled on Monday. The Permanent Court of Arbitration in the Hague…...
Ukraine Says It Hit Novatek’s Refinery in Russia’s Ust-Luga
1+ week, 5+ day ago (494+ words) (Bloomberg) -- Ukraine said its military forces hit a major oil-processing plant in the Baltic port of Ust-Luga, the latest attack in Kyiv’s intensifying campaign against Russia’s energy infrastructure. “Key elements of the oil refining plant and technological equipment were damaged…...
Data Centers, Reviled in the US, Win Support in Brazil’s Presidential Election
1+ week, 6+ day ago (1034+ words) (Bloomberg) -- Data centers have become politically toxic in the US midterm campaign. Not in Brazil’s presidential race. Ahead of the country’s October vote, both President Luiz Inácio Lula da Silva and right-wing rival Flávio Bolsonaro are making multibillion-dollar data centers…...
Texas, Louisiana Under Tropical Storm Warning as System Grows
1+ week, 6+ day ago (305+ words) (Bloomberg) -- Tropical storm warnings have been issued for parts of the Texas and Louisiana coast as a potential system gathers strength in the Gulf of Mexico. The still-unnamed storm was 130 miles (209 kilometers) south of Morgan City, Louisiana, with top winds…...
Venezuelan Oil Will Be Used to Refill US Reserve, Trump Says
2+ week, 21+ hour ago (317+ words) (Bloomberg) -- The US plans to use its newfound assertion of control over billions of barrels of Venezuelan crude oil to refill the nation’s depleted emergency reserve, President Donald Trump said Sunday. “One of the things I am going to do…...
How the War in Iran Is Redrawing the Global Energy Map
2+ week, 2+ day ago (847+ words) (Bloomberg) -- Six months after US-Israeli strikes disrupted Middle Eastern fossil fuel production and turned the Strait of Hormuz into a naval battleground, the world is getting a fuller picture of how the Iran war has reshaped the economics of energy....
Ukraine's Double-Barreled Drone Strikes Snarl Russian Oil Flows
2+ week, 5+ day ago (962+ words) (Bloomberg) -- Ukraine’s two-pronged attacks on Russia’s oil refineries and Black Sea ports are hitting the country’s fuel supplies and at the same time preventing Moscow from diverting crude into exports. In the four weeks through Aug. 23, overseas crude flows fell…...