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Texas Power Grid Faces Critical Test Amid Extreme Heat Wave

Texas's power grid is under intense pressure as temperatures soar, pushing electricity consumption to record highs and testing the state's ability to maintain power supply.

Energy Infrastructure August 20, 2024

Apheros Introduces Energy-Efficient Cooling Technology for Data Centers

Swiss startup Apheros has developed a novel cooling solution for data centers, potentially reducing energy consumption by up to 20%.

Energy Efficiency August 19, 2024

Sen. Manchin Approves Harris' Shift on Energy Policy

Senator Joe Manchin expresses support for Vice President Kamala Harris' evolving stance on energy policy, particularly regarding fracking.

Energy Policy August 18, 2024

China Rapidly Building Unique Amphibious Assault Ship with Aircraft Catapult

China is constructing a large, unconventional Type 076 amphibious assault ship featuring a catapult system for launching fixed-wing aircraft, marking a significant advancement in naval capabilities.

Naval Technology August 17, 2024

Americans Moving to Climate-Risk Areas for Affordable Housing

Despite increasing climate risks, many Americans are relocating to areas prone to flooding and wildfires in search of more affordable housing options.

Climate Economics August 17, 2024

Oil Prices Surge as Tensions Rise in Middle East

Oil prices are increasing due to escalating tensions between Israel and Iran, with the US sending forces to the region.

Oil Markets August 12, 2024

Global oil supply glut looms as U.S. refineries reduce operations

Major U.S. refiners are planning to reduce operations, potentially leading to a global oversupply of crude oil and further weakening prices.

Oil Industry August 11, 2024

Natural gas prices hit record negative levels in West Texas

Natural gas prices at the Waha Hub in West Texas have been negative a record number of times so far this year due to oversupply issues.

Energy Markets August 11, 2024

Energy Market Implications of Uptick in US Inflation

A slight increase in US inflation is expected, but it's unlikely to deter a Federal Reserve rate cut in September, potentially impacting energy markets.

Economic Indicators August 11, 2024