Energy
Europe’s slow and steady approach to AI could be its edge
Europe, with its fragmented markets, is often said to be operating in the shadow of the U.S. and China when it comes to scaling AI. But the very factors that challenge its growth as a major player may yet give it an edge when it comes to future-proofing the critical warehouses that power the AI […]
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Trump appoints two Commerce officials to oversee U.S. Steel under ‘golden share’ agreement
U.S. President Donald Trump walks as workers react at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | Reuters President Donald Trump has appointed two Department of Commerce officials to oversee U.S. Steel under the golden share agreement reached with Japan’s Nippon, according to a letter posted Monday in […]
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Oil prices and energy stocks fall sharply on Trump’s new Ukraine peace plan
This aerial picture shows the oil tanker Boracay anchored off the Atlantic Coast off Saint-Nazaire, western France on October 1st, 2025. French authorities said Wednesday they were investigating the oil tanker Boracay anchored off the Atlantic Coast and suspected of being part of Russia’s clandestine “shadow fleet”. Damien Meyer | Afp | Getty Images Oil […]
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OpenAI taps iPhone assembler Foxconn to manufacture data center components in U.S.
OpenAI is partnering with Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, to design and build artificial intelligence data center components in the U.S., the AI startup’s latest announcement tied to its massive infrastructure development plans. While no financial terms were disclosed, OpenAI said in Thursday’s announcement that it will have early access to evaluate […]
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A cold gold rush? The race for the Arctic’s critical minerals is heating up
Traditional painted houses overlooking sea ice in the Old Nuuk district near the Sermitsiaq mountain in Nuuk, Greenland, on Thursday, April 3, 2025. Bloomberg | Bloomberg | Getty Images A global scramble to exploit the Arctic’s untapped resources appears to be kicking into overdrive. In a push to break China’s mineral dominance, countries around the […]
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Europe has rare earths but, for now, it’s at China’s mercy like everyone else
Workers transport soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China. China Stringer Network | Reuters Like the U.S., Europe is also feeling the pressure to keep China sweet in order to maintain supplies of rare earth elements, which are vital for its strategic industries in the region such […]
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India deepens energy trade with U.S. to mend trade relations amid tariff strain
A man pushes a tricycle loaded with LPG cylinders on the road below the Adani signage in Mumbai. US based Hindenburg Research firm’s allegation on fraud by Adani Enterprise has sparked political debate in India by the opposition parties. Sopa Images | Lightrocket | Getty Images India is ramping up its energy imports from the […]
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Data centers are concentrated in these states. Here’s what’s happening to electricity prices
Electricity prices are surging, voters are growing angry, and the artificial intelligence industry’s data centers are increasingly a target for blame with U.S. mid-term elections on the horizon. Residential utility bills rose 6% on average nationwide in August compared with the same period in the previous year, according to the U.S. Energy Information Administration. The […]
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What now for peak oil? Unpacking a surprise twist in the fossil fuel feud
A worker inspects the outdoor gas pipes at the underground gas storage facility operated by Gas Storage CZ AS, in Haje, Czech Republic, on Friday, Jan. 3, 2025. Bloomberg | Bloomberg | Getty Images The International Energy Agency’s latest outlook signals that oil demand could keep growing through to the middle of the century, reflecting […]
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Christian Bruch on Siemens Energy’s existential crisis — and the leadership lessons that followed
The Siemens Energy CEO reflects on being blindsided by an existential crisis early in his tenure, how a career abroad shaped his decision-making and the surprising lessons he learned from a stint working in a psychiatric institution. In 2023, Christian Bruch faced the most challenging chapter of his tenure as CEO of Siemens Energy. The […]
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