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News
Qatar Has Widest Deficit in a Decade as Hormuz Ties Up Gas Trade
6+ hour, 45+ min ago (432+ words) (Bloomberg) -- Qatar posted its widest quarterly budget deficit in almost a decade, as natural gas revenue all but evaporated with the between the US and Iran effectively shutting the Strait of Hormuz. The country had a budget shortfall of 21.2 billion…...
Nuclear Supplier Holtec Seeks to Raise $900 Million in US IPO
10+ hour, 48+ min ago (398+ words) (Bloomberg) -- Nuclear supplier Holtec Nuclear Corp. is seeking to raise as much as $900 million in a US initial public offering, as companies seek to capitalize on data centers’ growing power demands. The Camden, New Jersey-based firm plans to market 50 million…...
Thailand Maps Plan to Source 89% of Power From Clean Energy
13+ hour, 57+ min ago (483+ words) (Bloomberg) -- Thailand is considering generating 89% of its electricity from cleaner sources by 2050 as it formally puts a more ambitious long-term power plan to public consultation. The draft released Tuesday sets a minimum clean-power share of 65%, with several more aggressive options…...
Energy security: the foundation of job creation and reliability
16+ hour, 55+ min ago (501+ words) When gas supplies are disrupted, countries immediately feel the consequences: power systems buckle, factories slow down, and businesses scale back operations, directly affecting people’s livelihoods. These pressures are most acute in countries where flaring is highest, and energy access is…...
US Tech Firms Eye Australia for AI Centers, Local Operator Says
1+ day, 13+ hour ago (537+ words) (Bloomberg) -- US tech titans are interested in building data centers in Australia, drawn by its green grid and proximity to Asia, as they face a growing backlash at home, according to AirTrunk Operating Pty Ltd. The data-center operator has seen…...
Nuclear generation hits record high as countries push for energy security
1+ day, 15+ hour ago (657+ words) Global nuclear electricity generation reached a record 2,702 terawatt-hours (TWh) in 2025, marking a second consecutive annual high as countries increasingly turn to nuclear power to strengthen energy security and resilience. According to the World Nuclear Association's latest World Nuclear Outlook Report,…...
Spain Got a Head Start on Renewables — Now It Needs a Battery Revolution
1+ day, 16+ hour ago (1411+ words) (Bloomberg) -- Spain’s big bet on renewables got started early, if slowly. By the mid-1990s, the industry was still so low-tech that when a turbine blade broke at what was then Spain’s largest wind farm, José Manuel Entrecanales would bring in…...
Qatar Is Bringing Empty LNG Ships Home in Possible Export Pivot
1+ day, 16+ hour ago (415+ words) (Bloomberg) -- Several Qatari liquefied natural gas tankers are heading back toward the Arabian Gulf, a sign the supplier may be positioning vessels for a resumption of exports through the Strait of Hormuz. Six empty gas carriers linked to Qatar are…...
Japan Says Progress Made on $550 Billion Investment Pact With US
3+ day, 6+ hour ago (399+ words) (Bloomberg) -- Japanese Trade Minister Ryosei Akazawa said progress was being made on a $550 billion investment initiative set up as part of a trade deal with the US last year. “We’ll continue working closely with the US,” Akazawa said. He spoke…...
European Gas Steadies as Trump Says Iran Strikes Will Be Short
5+ day, 10+ hour ago (275+ words) (Bloomberg) -- Europe’s natural gas rally took a breather as US President Donald Trump appeared to rule out prolonged military action in the Middle East, raising hopes for renewed talks on recovering energy flows from the region. Benchmark futures slipped after…...