Oil Falls to Lowest Level Since August
Brent crude briefly fell below $90 per barrel as diplomatic developments in Iran and Ukraine fueled optimism for conflict resolution, marking the lowest level since August.
The Truth Behind Iraq’s Oil Rebound And The Secret Red Sea Plan
Iraq’s oil production has rebounded to pre-closure levels, but underlying infrastructure damage and reliance on makeshift shipping routes mask fragility in the recovery following regional conflict disruptions.
Cost of balancing Great Britain’s power grid reaches nearly £50m a day
Great Britain’s power grid balancing costs reached nearly £50m on a single day after wind farms were shut down due to transmission bottlenecks, adding to record monthly expenses of £505m in September.
Nine big oil firms on track to share more than $95bn profit two quarters in a row
Nine major oil companies are projected to share over $95bn in profits for the third quarter, marking the second consecutive quarter of such gains amid Middle East tensions driving up fossil fuel prices.
UK’s most polluting power plant could power country’s largest AI datacentre
Britain’s most polluting power plant at Drax in North Yorkshire could power the country’s largest AI datacentre under a £20bn infrastructure deal involving Brookfield and Radiant.
Thermal Dawn — Thermal Storage Is Cheap Storage
Thermal Dawn, an Australian startup, offers thermal storage systems using phase change materials to replace gas boilers and reduce heating costs by shifting energy use to cheaper periods.