The AI Boom Is Driving a New Era of U.S. Power Demand
U.S. data-center electricity consumption reached 312.6 terawatt-hours in 2025, accounting for nearly half of global growth as AI-driven demand strains power grids nationwide.
Trump’s War on Offshore Wind Leaves U.S. Workers in Limbo
President Trump has implemented executive actions restricting offshore wind development, leaving renewable energy workers facing job insecurity and project cancellations after previous expansion under the Biden administration.
Norway’s national oil company’s profits double to $11.5bn amid war on Iran
Norway’s state oil company Equinor reported nearly doubled profits of $11.5 billion in the second quarter, driven by elevated oil and gas prices stemming from geopolitical tensions and supply disruptions.
DCC, one of FTSE 100’s biggest energy firms, agrees £5.75bn takeover
US private equity firms KKR and Energy Capital Partners agreed to acquire DCC Energy, a major London-listed energy business, for £5.75bn, continuing a trend of UK companies going private.
BP puts North Sea oil and gas business up for sale
BP has launched a formal sale process for its North Sea oil and gas operations, ending six decades of production in the basin as new chief executive Meg O’Neill focuses on simplifying the company and reducing debt.
Millions in Great Britain could face emergency power cuts at short notice
Great Britain’s electricity system operator gains new powers to impose rotating blackouts with eight hours’ notice during severe power shortages, marking the first time such cuts can occur without emergency government intervention.