A White House source says President Trump may announce a new plan to use the 1950 Defense Production Act for coal. The proposal would channel almost $700 million into upgrading more than a dozen power plants, building a large export terminal on the West Coast, and matching corporate money for new fa
India has stepped up its cooperation with Venezuela in the energy sector, seeing Caracas as a key partner while global oil flows are hit by tensions in the Middle East. During a visit that began on June 4, Venezuela’s interim President Delcy Rodriguez arrived in New Delhi with a sizable delegatio
For years, the idea of energy independence has been sold as a badge of national pride—an image of America shielded from foreign powers and market swings. But the reality is far messier. Even though the U. S. now produces more oil and gas than ever, that energy isn’t really under American control. Th
DeepSeek, a Chinese artificial‑intelligence firm known for its V3 and R1 models, plans to raise about $7. 4 billion in its first round of external funding. The deal could value the company at up to $59 billion, putting it among China’s biggest tech financings. The startup has grown without outsid
Power cuts can catch you off guard, leaving your fridge useless and food spoiling fast. Keeping appliances running during blackouts usually means bulky generators or expensive setups. A new device called the Solix S2000 aims to make this easier, promising up to 35 hours of continuous power for a fri
Duke Energy is a big power company in North Carolina. It feeds electricity to many parts of the southeast U. S. Recently, big tech firms have been building huge data centers. These centers need a lot of power and are pushing the grid to its limits. Because of this demand, Duke is looking
Monday brought a surprise drop in natural gas prices after they had just hit their highest level in two months. The sudden shift came when experts predicted cooler temperatures across the East Coast from June 6 to 10, even though much of the rest of the country will see warmer-than-usual conditions
Oilfield services giant Weatherford just snapped up NCS Multistage for about $151 million, a move that might look like just another business deal on the surface. Weatherford paid partly in cash and partly in its own shares, giving NCS stock a big 11% boost overnight. But why does this merger matter
The state is seeing a major shake‑up as Dominion Energy and NextEra Energy plan to merge, creating the biggest utility in America. A local nonprofit warns that this deal could favor corporate profits over customers, especially as it aims to power the massive energy demands of AI data centers. Mea
The U. S. once led in innovation, but today it’s watching from the sidelines as other countries race ahead in renewable energy. While climate change isn’t the main driver—cheaper costs are—nations like China, Ethiopia, and Canada are making smarter investments. Ethiopia gets over 90% of its power fr
