Daily Standup Top Stories Saudi Aramco Sees Oil Demand Rising by 1.6 Million Bpd in Second Half of 2024 August 6, 2024 Mariel Alumit Saudi Aramco’s CEO has forecast a strong increase in global oil demand for the second half of the year, ranging from 1.6 to 2 million bpd. Aramco’s outlook contrasts with the more […]
Continue ReadingWeekly Daily Standup Top Stories BRICS Officially Announces Financial System Similar to SWIFT July 26, 2024 Stu Turley The BRICS alliance is looking to bypass the Western SWIFT system and replace it with its own financial mechanism. The creation of a new financial messaging system similar to SWIFT will allow BRICS to reshape […] Vital Energy nearing […]
Continue ReadingDaily Standup Top Stories Power-Hungry Data Centers Are Gobbling Up Texas Amid AI Boom July 31, 2024 Stu Turley One business may finally be getting too big for Texas: data centers, those whirring warehouses packed with the electricity-sucking computer servers that power the modern internet and the development of artificial intelligence. Up until now, the […] Texas Pipeline […]
Continue ReadingDaily Standup Top Stories Amazon claims to power all its operations with renewable energy. If only that were true. July 29, 2024 Mariel Alumit When Amazon announced this month that it had achieved 100% renewable energy seven years ahead of schedule, that sounded like really good news for Virginia. Amazon owns more data centers here than anyone else, […]
Continue ReadingDaily Standup Top Stories Global Tech Outage Wreaks Havoc July 20, 2024 Mariel Alumit The disruption underscores just how reliant much of the world is on key software providers. Digital Disruption International air travel, financial services, medical systems, and television broadcasts briefly ground to a halt on Friday after […] Ford scraps plans for $1.8-billion Oakville EV […]
Continue ReadingDaily Standup Top Stories Tech Industry Wants to Lock Up Nuclear Power for AI July 1, 2024 Stu Turley Largest tech companies are looking to buy nuclear power directly from plants, which could sap the grid of critical resources Tech companies scouring the country for electricity supplies have zeroed in on a key target: […] Will Evil […]
Continue ReadingDaily Standup Top Stories Rye Development Converting Former Kentucky Coal Mine into 287 MW Pumped Storage Hydropower Facility June 4, 2024 Mariel Alumit Rye Development will receive $81 million in funding from the Department of Energy (DOE) to convert former coal mine land in Bell County, Kentucky, into a closed-loop, 287 MW pumped storage hydropower (PSH) […]
Continue ReadingWeekly Daily Standup Top Stories The U.S. Data Center Energy Train Wreck May 26, 2024 Stu Turley ENB Pub Note: I had the pleasure of interviewing Ron Miller on the podcast, and here is one of his outstanding articles. I highly recommend following him on Linkedin. The U.S. and the world are […] US Power Demand Surge […]
Continue ReadingDaily Standup Top Stories The U.S. Data Center Energy Train Wreck May 26, 2024 Stu Turley ENB Pub Note: I had the pleasure of interviewing Ron Miller on the podcast, and here is one of his outstanding articles. I highly recommend following him on Linkedin. The U.S. and the world are […] US Power Demand Surge Spurs […]
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