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Energy Markets Grapple with Geopolitical Tensions and China's Economic Stimulus

Energy expert Dan Yergin highlights the dual focus of energy traders on Middle East tensions and China's economic stimulus measures, creating a 'schizophrenic' market environment.

Energy October 23, 2024

Shell Loses Top Spot in Fortune 500 Europe List to Volkswagen

Shell's drop from the top of the Fortune 500 Europe list reflects changes in energy markets and the company's strategic shift under new leadership.

Energy October 23, 2024

Saudi Arabia and Russia Diversify Economies Amid Changing Oil Market Dynamics

Major oil producers Saudi Arabia and Russia are seeking new ways to power their economies as global oil market dynamics shift.

Fossil Fuels October 22, 2024

Robinhood Co-Founder Ventures into Space-Based Solar Power

Baiju Bhatt, co-founder of Robinhood, has launched Aetherflux, a startup aiming to transmit solar power from space to Earth using satellite technology.

Renewables October 21, 2024

Cuba Experiences Nationwide Blackout Due to Major Power Plant Failure

Cuba's electrical grid shut down on Friday, causing a countrywide blackout after the failure of the Antonio Guiteras Power Plant.

Infrastructure October 18, 2024

Sun Enters Maximum Phase of Solar Cycle, Raising Concerns for Technology and Infrastructure

NASA announces the sun has reached its 11-year solar maximum, leading to increased solar activity that could impact satellites, communications, and power grids while also creating spectacular auroras.

Energy October 16, 2024

Amazon Enters Nuclear Energy Sector with $500 Million Investment in X-energy

Amazon is leading a $500 million financing round for X-energy to develop small modular nuclear reactors, joining other tech giants in pursuing nuclear energy solutions.

Energy October 16, 2024

OroraTech Raises $27 Million to Enhance Wildfire Prediction Technology

Munich-based OroraTech secures $27 million in Series B funding to expand its AI-powered wildfire prediction and monitoring services.

Climate & Energy October 15, 2024

Morgan Stanley Highlights Undervaluation of Financial Stocks Amid Strong Economic Data

Morgan Stanley suggests financial stocks are underappreciated by investors despite strong US economic indicators, presenting a potential opportunity in the sector.

Energy October 14, 2024