Record Freight Costs Squeeze Russia’s Black Sea Crude Exports
Freight costs for Russian crude oil exports from the Black Sea have reached record highs due to heightened shipping threats and tanker shortages, climbing for seven consecutive weeks.
Electric Trucks Will Take Center Stage At IAA Transportation Show In Hannover This Week
The IAA Transportation show in Hannover starting September 15, 2026 will feature over 700 exhibitors displaying electric trucks, with Tesla’s Semi generating significant attention alongside offerings from European and Chinese manufacturers.
SpaceX Turns Turbine Maker as Musk Warns of Years-Long Equipment Shortage
SpaceX is establishing turbine manufacturing in Texas as Elon Musk warns of severe equipment shortages extending through 2030, with some gas turbines facing delivery delays until 2032.
Can Utilities Cash In on AI Without Making Consumers Pay?
Utilities may use independent generating companies to serve AI power demands separately, avoiding rate increases for other customers, but this structure carries financial and regulatory risks.
Octopus Energy denies it is anti-union as GMB pushes for recognition for workers
GMB union is seeking formal recognition at Octopus Energy, the UK’s largest energy company, while the firm states there is currently no staff demand for unionization.
Great Britain braced to pay millions for backup electricity during solar eclipse
Great Britain is preparing to pay millions for backup electricity as a near-total solar eclipse on Wednesday is expected to significantly reduce solar power generation across the country.