Energy
- Orsted files legal challenge over Trump's halt to $5 billion offshore wind project - Shares of Orsted, the world's largest developer of offshore wind farms, rose more than 4% on the news.
- Bernie Sanders and Ron DeSantis speak out against data center boom. It's a bad sign for AI industry - Sen. Bernie Sanders has called for a data center moratoriu, while Gov. Ron DeSantis has pushed back on the AI industry in Florida.
- Dust to data centers: The year AI tech giants, and billions in debt, began remaking the American landscape - Big Tech is remaking the U.S. map into an AI empire — kingdom-scale data centers, unprecedented debt, power constraints, and a near-religious belief in scaling.
- A Swedish city is being moved — building by building — amid Europe’s minerals push - Sweden's northernmost city of Kiruna is on the move because of ground subsidence from the expansion of the world's largest underground iron ore mine.
- Insiders Who Purchased AU$798.2k Of Resources & Energy Group Stock May Not Have Expected 13% Tumble - The recent 13% drop in Resources & Energy Group Limited's ( ASX:REZ ) stock could come as a blow to insiders who...
- Oil giant BP to sell 65% stake in $10 billion Castrol unit - The oil giant is looking to divest $20 billion of its assets by the end of 2027.
- Fed chair candidate Hassett says U.S. is way behind the curve on lowering rates - Hassett said the artificial intelligence boom is boosting economic growth while simultaneously putting downward pressure on inflation.
- What a Russia-Ukraine peace deal could mean for Europe's gas supplies - While pipeline infrastructure could be salvageable, turning the tap back on is set to be politically controversial.
- Trump halts wind projects, including Coastal Virginia Offshore Wind, Dominion stock drops 4% - Interior Secretary Doug Burgum said the administration paused the projects due to national security concerns identified by the Pentagon.
- Waymo pauses robotaxi service in San Francisco after blackout chaos — Musk says Tesla car service unaffected - As power outages spread Saturday, videos shared on social media appeared to show multiple Waymo vehicles stalled in traffic in different parts of San Francisco.