Category: Top News

U.S. Department of Energy Meets President Trump’s Goal, Delivers Third Advanced Reactor CriticalityJuly 2, 2026

Clark Savage1801

In a landmark achievement for America’s nuclear renaissance, the U.S. Department of Energy (DOE) announced that Deployable Energy’s Unity demonstration reactor successfully achieved criticality on June 30, 2026 (late yesterday), at Idaho National Laboratory (INL). This marks the third DOE-authorized advanced reactor to reach this milestone by the July 4, 2026, deadline set by President […]

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A new electricity consumption tax on data centers in Virginia passes into law on July 1, 2026

Clark Savage1915

On June 22, 2026, Virginia’s General Assembly approved its two-year biennial budget (HB 30), which includes a first-of-its-kind electricity consumption tax on qualifying data centers. The tax took effect July 1, 2026, and runs through June 30, 2028. The measure levies $0.011 per kWh (1.1 cents) on all electricity consumed at covered data centers each […]

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Billionaire Texas Hunt, Crow families join bitcoin firm in $1 billion data center deal

Clark Savage1153

In a significant move blending Texas real estate and energy dynasties with public-market access, members of the billionaire Hunt and Crow families have partnered with Nasdaq-listed Empery Digital Inc. (NASDAQ: EMPD) to develop data centers targeting hyperscalers and AI workloads. The group has agreed to acquire a powered Midwest industrial facility for $230 million. The […]

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Enverus acquires PDS exchange assets, expanding its operating network across U.S. energy markets

Clark Savage592

Transaction adds Frac Interference Exchange, Well Data Exchange, Production Data Exchange and AquaTrade, extending Enverus’ secure exchange network across completions, well data, production and water logistics AUSTIN, Texas (June 30, 2026) — Enverus today announced the acquisition of four exchange platforms from PDS Energy Information: the Frac Interference Exchange, Well Data Exchange, Production Data Exchange and AquaTrade. […]

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Natural Gas and Peak Oil – Doomberg

Clark Savage530

In a timely new analysis published today, Doomberg challenges conventional peak oil narratives with a provocative twist: it’s “Peak ‘Not Oil.’” The piece highlights how surging U.S. natural gas liquids (NGLs) — particularly propane and butane — are delivering a “tsunami of new supply” that the global economy is rapidly adapting to, rendering a narrow […]

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Europe’s Industrial Death Spiral due to Net Zero Energy may not be recoverable

Clark Savage1378

Europe’s once-mighty industrial engine is sputtering, and Germany—the continent’s manufacturing powerhouse—is at the epicenter of a deepening crisis. High energy costs driven by aggressive Net Zero policies, renewable intermittency, heavy regulations, and carbon pricing are accelerating deindustrialization. Major firms are slashing jobs, closing plants, and relocating production to the United States and Asia, where energy […]

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