Tag: Energy
Tech Giants Betting Big on Nuclear Power: Microsoft, Amazon, Google, Meta
Tech Giants Shift Focus to Nuclear Power
In a groundbreaking move, major tech companies like Microsoft, Amazon, Google, and Meta are shifting their focus to nuclear power as a solution to their escalating energy demands....
Deploying Small Nuclear Reactors Globally: GE Vernova’s Strategy
GE Vernova, a spinoff of General Electric, is on a mission to deploy small nuclear reactors globally over the next decade. The company's small modular reactor, the BWRX-300, is designed to reduce the cost...
Chris Wright, Liberty Energy CEO, Chosen as Energy Secretary by Trump
President-elect Donald Trump announced on Saturday that Liberty Energy CEO, Chris Wright, will be the next energy secretary of the United States. Liberty Energy, based in Denver, is an oilfield services company with a...
Potential Impact of Trump Administration on Oil Market: Citi’s Analysis
The recent Citi report on politics and oil suggests that the Trump administration could have a significant impact on the oil market. According to Reuters, the report indicates that the presidency of Donald Trump...
NextEra Explores Restarting Iowa Nuclear Plant to Meet Carbon-Free Energy Demand
NextEra Energy is contemplating the possibility of restarting the Duane Arnold Energy Center in Palo, Iowa, which ceased operations in 2020 after serving for 45 years. The decision comes as there is a growing...
Crude Oil Futures Settle at $83.16: Latest Updates and Analysis
Foreign exchange trading is a risky venture that may not be suitable for everyone. It involves leverage, which can increase the level of risk and potential loss. Before engaging in foreign exchange trading, it...
Understanding the Reasons Behind the Doubling of Oil Prices
Oil prices have doubled in the market, reaching $53.50 per barrel, thanks to the efforts of major oil producers like OPEC. The price collapse that occurred in 2016 led to OPEC devising a plan...
Crude Oil Gains Despite API Stocks Buildup
West Texas Intermediate (WTI) US Crude Oil prices have surged above $80.00 per barrel, despite a recent increase in American Petroleum Institute (API) Weekly Crude Oil Stocks. Energy traders seem optimistic about a potential...
Brent Oil Price Surge Driven by Stock Market Demand – Analysis & Forecast
The price of Brent crude oil surged by 2% on Monday, leading to a moderate adjustment in the commodity market on Tuesday morning. Currently, a barrel of the North Sea variety is trading at...
Taiwan Signs Agreement With QatarEnergy as New North Field East Expansion Partner
Taiwan Signs Agreement With QatarEnergy as New North Field East Expansion PartnerTaiwan’s national oil company, CPC, has signed a long-term liquefied natural gas (LNG) supply deal with QatarEnergy that also gives Taipei equity in...