© Miha Creative / Shutterstock.com West Texas Intermediate crude opened 2026 near $57 a barrel and spiked to almost $115 on April 7 after the Strait of Hormuz effectively closed to tanker traffic. Brent followed a parallel path, climbing from about $67 in January to a $138 intraday high in April. That move briefly carried
Key Points Another data center lease announcement has investors seeing more sales ahead for Bloom Energy. Last week, Bloom and Brookfield greatly expanded a partnership financing AI projects that will be powered by Bloom systems. Today, Anthropic and TeraWulf announced a $19 billion data center lease. Bloom Energy (NYSE: BE) stock continued its strong 2026
Ed Miliband will commission hundreds more wind turbines and solar panels after launching a subsidy scheme to companies building renewable energy. A new round of annual grants for developers opens on Monday that will guarantee them a minimum price for their power, inflation-linked and baked in for up to 20 years. The process, known formally
The explosive rise of generative artificial intelligence (AI) has kicked off an unprecedented technological infrastructure boom. Behind seamless text generation, automated coding and multimodal AI models lies a hidden reality: an insatiable appetite for electricity. As tech giants race to build next-generation “AI data farms,” the global energy grid is facing a tectonic shift. Industry
Ofgem has issued an urgent alert “Energy theft” is now costing consumers over £1.4 billion annually(Image: Hispanolistic via Getty Images) Households across the country are being urged to remain vigilant over an escalating problem that could result in imprisonment or even worse – a fatal house fire. Energy regulator Ofgem has issued an urgent warning
Soaring energy bills funding Ed Miliband’s net zero push risk triggering factory shutdowns and job losses, warns a new industry report. Make UK, which represents 20,000 manufacturing firms, says that the cost of energy is destroying profits, sending many companies to the wall and risking an £85bn hit to the economy. Stephen Phipson, the Make
Energy Transfer (ET +1.47%) and Occidental Petroleum (OXY +2.02%) represent two different ways to invest in the growing demand for crude oil and natural gas. Energy Transfer, which operates more than 140,000 miles of pipeline across 44 states, is one of the largest midstream companies in North America. Occidental Petroleum, better known as Oxy, is
Last Updated : Jul 06 2026 | 12:04 PM IST GK Energy rose 2.48% to Rs 142.70 after the company announced that it had received a Letter of Empanelment (LoE) from Maharashtra State Electricity Distribution Company (MSEDCL) for the deployment of 10,000 off-grid DC solar PV water pumping systems. According to the company’s exchange filing,
Energy Transfer (ET +1.47%), one of the largest midstream companies in the United States, is usually considered a stable income investment rather than a market-beating one. But since the start of the year, its stock has rallied 17% and outperformed the S&P 500’s 9% gain. Let’s see why it beat the market, and why it
Some analysts have proclaimed that AI is more important and will be more transformative for human development than the creation of the railways. With the world’s largest technology companies now spending more than $1 trillion a year expanding their presence in the market, there’s no doubt this theme will dominate for the foreseeable future. However,