New Abaxx Exchange Aims to Stabilize Energy Transition Commodities
Abaxx, a Singapore-based commodities exchange, launches to provide price stability for energy transition materials and carbon offsets.
Geopolitical Tensions Rise as Ukraine War Continues
The ongoing war in Ukraine continues to impact global energy markets and geopolitical relations.
Starlink Expands In-Flight Internet Service with Air France Deal
Air France has become the latest airline to partner with SpaceX's Starlink for in-flight WiFi, joining a growing list of carriers adopting the satellite internet service.
OpenAI Considers Shift to For-Profit Structure, Potentially Boosting Altman's Control
OpenAI is reportedly planning to restructure as a for-profit benefit corporation, which could increase CEO Sam Altman's decision-making power and wealth.
Tech Giants and Financial Institutions Rally Behind Nuclear Power for Data Centers
Microsoft, Oracle, and Amazon are investing in nuclear power to supply carbon-free electricity for their data centers, while financial institutions endorse tripling nuclear energy by 2050.
Renewable Energy Investments Hit Record High in Q3
Global investments in renewable energy reached an all-time quarterly high in Q3 2024, driven by ambitious climate targets and falling technology costs.
Oil Prices Rise as Middle East Tensions Escalate
Crude oil prices increased due to growing geopolitical tensions in the Middle East, raising concerns about potential supply disruptions.
Northvolt Scales Back Operations Amid EV Industry Challenges
Swedish battery maker Northvolt announces significant job cuts and reduced expansion plans, reflecting broader challenges in the electric vehicle industry.
Wall Street Banks Back Global Nuclear Energy Expansion
Major financial institutions are supporting an initiative to triple global nuclear energy production, signaling a shift in the sector's perception and potential for growth.