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.
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.
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.
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.
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.
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.
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.
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.
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.