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energy

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The Boom, Part 2: AI’s Growing Appetite for Energy and Resources

The unprecedented scale of AI data centers is driving demand for electricity, cooling infrastructure, and even nuclear power at levels once reserved for entire nations.

The Boom, Part 1: The Billion-Dollar Race to Build AI Supercomputers

In the 1990s, businesses restructured their digital infrastructure to accommodate the rise of the internet. Now, they’re doing it again—this time, for artificial intelligence.

Oil Prices Drop as OPEC+ Moves to Boost Production

Oil prices slid to their lowest level of the year on Monday after OPEC and its allies reaffirmed plans to gradually increase crude production starting in April.

Chevron’s Sackings

The second-largest oil and gas company in the United States announced on Wednesday that it plans to lay off up to 20 percent of its workforce—approximately 9,000 employees—as part of a global cost-cutting initiative.

Exxon Meets Big Tech

The supercharged demand for electricity in the United States has led to an unexpected entrant into the power market—Exxon Mobil.

Middle East Tensions Stir Fears of Global Oil Shock

The potential for an escalating conflict has sparked growing concern over the global economy, particularly the possibility of a shock to oil supply chains.

Beyond Oil: The Deepening Commercial Ties Between the Gulf and Asia

The partnership is evolving into something more diverse and strategic, with new sectors of commerce gaining importance.

OPEC’s Plan to Increase Production

When officials from major oil-producing countries convened on Sunday, their mission was to stabilize volatile markets.

Oil Prices Surge Amidst Geopolitical Tensions: What Lies Ahead?

In recent weeks, oil prices have experienced a significant surge, propelled by mounting concerns over global supplies and geopolitical tensions.

OPEC’s Squeeze

Saudi Arabia, along with its allies, has decided to extend cuts in oil production through June.

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