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Norway’s Equinor nearly doubled profits to $11.5 billion in the second quarter, benefiting from elevated oil and gas prices triggered by regional geopolitical tensions and supply disruptions.
U.S. utility-scale battery storage capacity reached nearly 52 GW by mid-2026, with operators planning to add 54 GW over the next two and a half years, marking sustained rapid expansion.
AI data centers are creating significant new electricity demand in concentrated US regions, but global impact remains modest at under 3% of world consumption by 2030, with substantial uncertainty around long-term forecasts.
One year after signing a provisional peace deal, Armenia, Azerbaijan, and the US report progress on infrastructure projects but face obstacles in finalizing a comprehensive peace agreement.
China’s shipping firm Sea Legend launches the first regular container service through Arctic waters, offering an alternative to Middle East routes threatened by Houthi attacks and geopolitical tensions.
Alaska LNG, a $55 billion megaproject, is advancing toward a final investment decision after securing offtake agreements for over 13 million metric tons and negotiating with two additional potential buyers.
