Tag: ENERGY
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How Much Energy Do Tech Giants Like Meta and Google Use?
The digital world we interact with every day feels weightless just pixels on a screen, invisible cloud servers, seamless apps. But behind this virtual façade lies a startling reality: the energy required to power the internet, especially the colossal operations of tech giants like Meta and Google, is immense. So immense, in fact, that these…
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Goldman Sachs Backs Cameco as Nuclear Energy Gains Momentum
Goldman Sachs is renewing its bullish position on Cameco Corporation, a major force in the nuclear fuel industry. With a firm ‘Buy’ rating reaffirmed by analyst Brian Lee, the bank is clearly signaling confidence in both Cameco’s potential and the broader prospects of nuclear power. This strategic endorsement also extends to small modular reactors (SMRs),…
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Trump and Saudi Crown Prince Sign 2025 Agreement in Riyadh
President Trump signed the economic cooperation agreement with Saudi Crown Prince Mohammed bin Salman and co-chaired the Saudi-U.S. Investment Forum 2025 in Riyadh. The historic bond between the United States and Saudi Arabia grew even stronger on Tuesday, as the two nations inked a significant economic partnership agreement and a slew of energy deals that…
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Shell Takeover BP? The Energy Chess Match That Could Reshape the World
Is the corporate chessboard heating up with the potential of a blockbuster energy-sector move? Shell, the British oil titan renowned for its strategic precision, is reportedly eyeing a bold acquisition that could redefine the global energy hierarchy: a potential takeover of fellow heavyweight BP. Imagine Shell’s boardroom—screens aglow with market data, consultants in deep discussion,…
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Libya Launches First Oil Tender in 18 Years: A New Energy Era?
Libya is stepping back into the spotlight with its first oil and gas exploration tender in nearly two decades, signaling an ambitious push to reenergize its energy sector. The newly announced initiative offers shared production agreements (SPAs) across 22 exploration and development blocks—11 onshore and 11 offshore—some of which already contain undeveloped discoveries. The move…
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South Korean Scientists Unveil Radiocarbon Betavoltaic Battery
Researchers in South Korea have introduced a groundbreaking innovation in battery technology that could dramatically change how we think about energy storage. Led by Su-Il In from the Daegu Gyeongbuk Institute of Science & Technology, the team unveiled a new betavoltaic battery that uses radiocarbon—specifically carbon-14—as its energy source. This futuristic concept was presented at…
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OPEC+ and the Strategic Push for Increased Oil Production
The U.S. administration has prioritized lower oil and gas prices to benefit American consumers and businesses while exerting economic pressure on adversarial oil-dependent nations like Iran and Venezuela. However, OPEC+ has surprised markets by supporting increased oil production, despite many of its members requiring oil prices above $80 per barrel to balance their national budgets.…
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Energy Poverty in Europe: 48 Million Struggle to Heat Their Homes
Europe is facing a growing energy poverty crisis, with nearly 48 million people struggling to heat their homes. This alarming figure, representing over 10% of the EU population in 2023, marks a significant rise from 2019 when around 30.8 million people were affected. The root causes of this crisis lie in surging energy prices, the…
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US Investment Banks Bet Big on LNG as Europe Cuts the Russian Gas Cord
US investment banks are navigating a rapidly changing energy landscape as geopolitical shifts redefine global gas supplies. With Russia’s gas transit deal through Ukraine expiring at the end of 2024, Europe has lost a major supply route, leaving the TurkStream pipeline as the only operational link for Russian gas. This near-complete halt in Russian gas…
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Trump’s Lightbulb Policy: More Choice or Higher Energy Costs?
President Donald Trump has once again sparked debate with his announcement to return to what he calls “common sense standards” on lightbulbs. This move suggests a policy shift that could relax or even reverse energy efficiency standards that were put in place under previous administrations. For years, U.S. energy regulations have pushed for a transition…