Hungary’s newly elected government is already testing Brussels’ resolve on energy policy. In a move that could signal growing fractures within the EU, Prime Minister Péter Magyar’s administration has signaled it will continue purchasing Russian energy if it remains the cheapest and most reliable option—directly challenging the bloc’s binding phase-out rules under the REPowerEU framework. […]
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The North American Electric Reliability Corporation (NERC) has issued a rare Level 3 Essential Action Alert—its highest-urgency notification—warning that the explosive growth of data centers, particularly those powering AI training, cryptocurrency mining, and traditional computing loads, is introducing new risks to the bulk power system. Issued on May 4, 2026, the alert highlights “customer-initiated large […]
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Maryland ratepayers are staring down an estimated $1.6 billion hit to their electric bills over the next decade—roughly $345 per household—to fund transmission upgrades driven largely by data centers in Northern Virginia. The state’s Office of People’s Counsel (OPC) has filed a formal complaint with the Federal Energy Regulatory Commission (FERC), arguing that PJM Interconnection’s […]
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In a sharp rebuke that underscores the Trump administration’s “maximum pressure” doctrine, President Donald Trump has rejected Iran’s latest peace proposal as “totally unacceptable,” signaling that backchannel talks remain deadlocked and energy markets could face renewed volatility. The rejection comes amid a fragile ceasefire that has held since early April 2026 but is now strained […]
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The U.S. nuclear fleet has seen dozens of reactors permanently shut down over the decades, driven by economics, aging infrastructure, regulatory decisions, and events like the 1979 Three Mile Island accident. As of 2026, the country operates around 94 commercial reactors with roughly 97 GW of net capacity. However, more than 40 commercial power reactors […]
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ENB Pub Note: This article was originally run on David Blackmon’s Substack, and we highly recommend subscribing. Ethonal needs to go away and have an organized move out of the market. This needs to be shut down, as it is worse for the environment, and ruins cars and shortens their useful life. Unless you are […]
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San Antonio is at the center of Texas’ booming data center surge, driven by AI and hyperscale computing. Roughly two dozen facilities in far western Bexar County already draw about 324 megawatts (MW) from CPS Energy. Projections show new centers could add another 2,700 MW by the end of 2028 and push total demand above […]
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On May 8, 2026, an explosion and fire rocked the Chalmette Refinery in Chalmette, Louisiana, just east of New Orleans. Operated by PBF Energy, the facility processes roughly 185,000–190,000 barrels per day (bpd) of crude into gasoline, diesel, jet fuel, and specialty products. The incident occurred around 12:50–1:00 p.m. CDT in an operating 17,500-bpd reformer […]
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In a candid interview at the Milken Institute Global Conference, Chevron Chairman and CEO Mike Wirth delivered a sobering assessment of the global oil market: the industry’s traditional “shock absorbers” — commercial inventories in tanks, oil on tankers (including shadow fleet vessels), and strategic petroleum reserves — have been significantly drawn down in recent months […]
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A massive hyperscale data center complex proposed for rural northern Utah has sparked intense debate among scientists, environmental groups, and local residents. Dubbed the Stratos Project, the development—backed by “Shark Tank” investor Kevin O’Leary—could become one of the largest data centers in the United States. Located in Hansel Valley in Box Elder County, at the […]
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