United States data centers are consuming more electricity than ever before. In the third quarter of 2024, their power demand reached 46,000 megawatts (MW), a huge increase driven by artificial intelligence (AI) and cryptocurrency mining. According to forecasts, this demand will grow to 59,000 MW by 2029. Digital services, cloud computing, and AI apps make […]
As demand for nickel rises, the Philippines can strengthen its role in the EV supply chain. However, a proposed ban on raw mineral exports could reshape its industry. At the same time, global trade tensions are adding uncertainty. New US tariffs on nickel imports, combined with an ongoing supply surplus, are keeping prices volatile. While […]
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BP has announced a major shift in its strategy, cutting back on renewable energy investments and increasing its focus on oil and gas. The company plans to invest $10 billion annually in fossil fuels while slashing more than $5 billion per year from its energy transition spending. This move marks a sharp reversal from its […]
NVIDIA posted record earnings for the fourth quarter of the fiscal year 2025. The company reported $39.3 billion in revenue. This is a 12% rise from last quarter and a 78% increase from last year. For the full year, the company made $130.5 billion, more than 2X its revenue from the previous year. The AI […]
Zefiro Methane Corp. is teaming up with tech firms Geolabe and Keynum to find and repair old, leaking oil and gas wells. This effort will cut methane emissions using artificial intelligence. The partnership also aims to cut costs, speed up repairs, and share carbon credits better. Zefiro Founder and Chief Executive Officer Dr. Talal Debs […]
The European Union has launched the €100 billion Clean Industrial Deal. It is a bold initiative aimed at accelerating decarbonization while strengthening the continent’s industrial competitiveness. The deal aims to make clean energy and sustainable industries key to Europe’s future. It ensures that economic growth matches climate goals. This initiative is expected to play a pivotal […]
As Australia’s largest oil and natural gas producer, Woodside Energy faces growing pressure to reduce greenhouse gas (GHG) emissions while maintaining energy production. The company uses a carbon credit strategy to offset emissions. This supports its goals for decarbonization and reaching net zero. In 2024, Woodside retired 1.3 million carbon credits. This was nearly double […]
Sponsored content The energy industry is changing fast. More people and businesses want cleaner and more sustainable energy to fight climate change. Countries are setting rules to cut pollution, and investors are putting money into green energy projects. This push is making oil and gas companies look for ways to reduce their impact on the […]