The Trump administration is preparing to issue a new sanctions waiver allowing buyers to purchase Russian crude oil and petroleum products already loaded onto tankers, according to people familiar with the matter cited by Bloomberg. The move follows the quiet lapse of the previous general license on May 16 and comes as the US-Israel conflict […]
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Electricity bills are rising across much of the United States, sparking heated debate. With AI fueling explosive data center growth, many point to hyperscale facilities as the culprit behind higher rates. But a new independent analysis from Energy + Environmental Economics (E3), released May 18, 2026, alongside corroborating work from Lawrence Berkeley National Laboratory (LBNL), […]
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Iran has launched a new state-backed digital maritime insurance platform called “Hormuz Safe” for vessels transiting the Strait of Hormuz, one of the world’s most critical energy chokepoints. The platform accepts Bitcoin and other cryptocurrency payments, allowing instant blockchain-verified coverage in a clear attempt to bypass Western financial systems and sanctions. According to reports from […]
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The warning signs are flashing brighter than ever. What began as a major supply disruption in the Middle East has rapidly evolved into a tightening global oil market where inventories are being drawn down at a record pace — and critically, not all of those barrels are actually accessible. A new analysis from Oilprice.com highlights […]
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The Washington Examiner was right on target in its May 16, 2026, editorial: the “data center doomers” — the coalition of socialists, Democrats, and foreign-funded activists pushing moratoriums and fear-mongering — must be defeated. Data centers are the backbone of the AI revolution, national security, economic growth, and America’s edge over China. Blocking their hands […]
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Houston, TX – May 17, 2026 – Caturus LLC announced a positive Final Investment Decision (FID) on May 15 for its Commonwealth LNG export facility in Cameron Parish, Louisiana, unlocking full construction on one of the most cost-competitive and efficient LNG projects in the United States. The $13 billion project, backed by $9.75 billion in […]
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The AI gold rush is in full swing. Hyperscalers like Microsoft, Amazon, Google, and Meta are pouring hundreds of billions into data centers, chips, and infrastructure to power the next wave of artificial intelligence. NVIDIA just posted record revenues driven almost entirely by AI demand. Yet one question looms large for investors and energy markets […]
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Duke Energy Corp. (NYSE: DUK) is once again making waves in the energy sector following its robust first-quarter 2026 financial results and continued emphasis on reliable dividends and aggressive grid modernization. As one of the nation’s largest regulated utilities serving the Carolinas, Florida, and the Midwest, Duke is capitalizing on explosive load growth from data […]
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The UK government has confirmed it will introduce legislation to permanently ban new North Sea oil and gas exploration licenses, embedding Energy Secretary Ed Miliband’s existing moratorium into law through the Energy Independence Bill. The move, announced in the King’s Speech on 13 May 2026, fulfills a core Labour Party manifesto pledge to position Britain […]
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In a developing story that underscores the growing cyber vulnerabilities in America’s energy infrastructure, CNN reported on May 15, 2026, that hackers have breached systems monitoring underground fuel storage tanks at gas stations across multiple U.S. states. U.S. officials suspect Iranian actors are responsible, though definitive attribution remains elusive due to a lack of forensic […]
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