Blacksburg, SC – USA Rare Earth (Nasdaq: USAR) has announced a $1.2 billion investment to build a major rare earth magnet manufacturing and refined metals facility in Cherokee County’s Bailey Industrial Park in Blacksburg, South Carolina. The project marks a significant milestone in the company’s effort to create a fully domestic “mine-to-magnet” supply chain and […]
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A major industrial proposal is advancing in northeast Oklahoma at the Tulsa Port of Inola along the Verdigris River. The Inola Aluminum Smelter—formally known as the Oklahoma Primary Aluminum project—represents the first new primary aluminum smelter in the United States since 1980 and would become the largest ever built in the country. What Is the […]
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Grimes County, Texas, took a bold step forward on June 3, 2026, by approving a major incentive package for SpaceX’s proposed TeraFab semiconductor manufacturing and advanced computing facility. In a 4-1 vote, county commissioners designated a Tax Increment Reinvestment Zone (TIRZ) and granted a 100% property tax abatement for the project, paving the way for […]
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Duke Energy President and CEO Harry Sideris delivered a clear message at the Edison Electric Institute convention in Las Vegas today: artificial intelligence and data centers are reshaping U.S. power demand at a pace never seen before. With 30 years at the company, Sideris noted that Duke has historically experienced annual load growth of just […]
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Venture Global, Inc. (NYSE: VG), a leading U.S. liquefied natural gas (LNG) developer and exporter, announced on June 1, 2026, that its wholly-owned subsidiary, Venture Global LNG, Inc. (the Issuer), intends to offer $2.25 billion in aggregate principal amount of senior secured notes due 2034 and 2036. The proposed private offering targets qualified institutional buyers […]
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US refiners are operating plants at elevated run rates, with some delaying scheduled maintenance amid strong refining margins and steady-to-robust fuel demand. According to a Bloomberg report from June 1, 2026, the industry saw one of its lightest maintenance seasons in recent memory, with an average of only 470,000 barrels per day (bpd) of processing […]
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As artificial intelligence, electric vehicles, data centers, renewable energy infrastructure, and grid modernization drive explosive demand for copper, the United States faces a critical minerals supply crunch. Domestic production has stagnated for decades, leaving America heavily reliant on imports from geopolitically risky sources. Enter the Resolution Copper Mine in Arizona—a joint venture between Rio Tinto […]
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Devon Energy (NYSE: DVN) delivered a solid operational performance in Q1 2026 while advancing a transformative strategic agenda. The company reported earnings on May 5, 2026, just ahead of the anticipated close of its all-stock merger with Coterra Energy (around May 7) and followed up with a major $2.6 billion Permian land grab on May […]
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Following Chevron, ExxonMobil, EQT, and Liberty Energy, Ford is rolling in as a hyperscaler and entering the utility market The AI power crunch is creating unlikely heroes across the energy landscape. While hyperscalers scramble for gigawatts that the grid simply cannot deliver fast enough, traditional energy giants have already stepped up with gas-fired generation, carbon […]
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In a wide-ranging Bloomberg Surveillance interview aired today, Chevron Chairman and CEO Mike Wirth painted a sobering picture of ongoing disruptions in the Strait of Hormuz while signaling that the industry is accelerating plans for alternative infrastructure to reduce reliance on the critical chokepoint. Wirth confirmed that multiple vessels transiting the Strait of Hormuz have […]
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