Equinix tests hydrogen power generators in Dublin data centre
business Jun 19, 2026, 12:17 PM
Equinix tests hydrogen power generators in Dublin data centre
  • Equinix is conducting a 12-week pilot program testing hydrogen power generators at its Dublin data centre.
  • The project aims to address Ireland's grid constraints and gather data on carbon reduction potential.
  • If successful, the pilot could significantly contribute to Ireland's decarbonization efforts.
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Planning inspector approves controversial battery plant in Leeds
business Jun 18, 2026, 3:36 PM
Planning inspector approves controversial battery plant in Leeds
  • A planning inspector approved Harmony Energy's application for a battery energy storage plant after a public inquiry.
  • Leeds City Council had previously blocked the application due to over 1,000 objections citing environmental concerns.
  • The inspector concluded that the plant would meet an unmet need for energy storage and contribute to climate change goals.
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Gas prices drop below $4 as optimism grows over Iran peace talks
business Jun 18, 2026, 2:19 PM
Gas prices drop below $4 as optimism grows over Iran peace talks
  • Gas prices in the United States have dropped to an average of $3.999 per gallon, marking a significant decrease from earlier highs.
  • The decline in prices is attributed to a 14% drop in oil prices and growing optimism about peace negotiations with Iran.
  • Experts warn that backup supplies are critically low, raising concerns about the sustainability of these lower prices.
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Taiwan and Canada strengthen ties in green energy development
business Jun 18, 2026, 10:46 AM
Taiwan and Canada strengthen ties in green energy development
  • A Taiwanese delegation visited Canada from June 6 to June 14 to enhance cooperation in low-carbon energy.
  • The group included representatives from the Ministry of Economic Affairs and focused on geothermal and hydrogen energy.
  • The visit established a stronger partnership between Taiwan and Canada in advancing green energy initiatives.
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El Niño strengthens, impacting energy bills across the US
business Jun 18, 2026, 10:00 AM
El Niño strengthens, impacting energy bills across the US
  • El Niño is expected to strengthen this winter, influencing energy costs across the U.S.
  • The phenomenon typically leads to warmer winters in the north and wetter conditions in the south.
  • This year's El Niño could significantly affect energy bills, with potential for both savings and increased costs.
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Alderney airport seeks suppliers for aviation fuel services
business Jun 18, 2026, 7:16 AM
Alderney airport seeks suppliers for aviation fuel services
  • The States of Alderney is looking for organisations to provide aviation fuel services at Alderney Airport.
  • The request for proposals includes Jet A1 fuel and Avgas, which are currently unavailable.
  • This initiative aims to enhance air connectivity and support the needs of various aviation sectors.
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Ruth Porat highlights job creation and energy cost management through data centers
business Jun 18, 2026, 2:00 AM
Ruth Porat highlights job creation and energy cost management through data centers
  • Ruth Porat leads discussions on AI's economic impact and infrastructure at Google.
  • Google plans to invest up to $190 billion in infrastructure by 2026.
  • Porat emphasizes the job creation potential of data centers while addressing consumer concerns.
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Zimbabwe's lithium boom fails to benefit local communities
business Jun 18, 2026, 2:00 AM
Zimbabwe's lithium boom fails to benefit local communities
  • Zimbabwe has become a leading lithium producer in Africa, driven by new projects and foreign investments.
  • The government has implemented a ban on unprocessed mineral exports to encourage local processing and value addition.
  • Despite increased production and export gains, local communities are not seeing significant benefits from the lithium boom.
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Europe's EV charging network expands rapidly amid rising costs
business Jun 18, 2026, 2:00 AM
Europe's EV charging network expands rapidly amid rising costs
  • Europe's public EV charging network has expanded to 1.3 million points, marking a 6% increase in early 2026.
  • Countries like Ireland, Italy, and the UK face higher charging costs, with full recharges for a Tesla Y RWD costing between €30 and €34.
  • Norway leads in fast charger density, while the Netherlands tops in overall charging stations, highlighting disparities in EV infrastructure across Europe.
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U.S. crude oil stockpiles hit record lows amid rising gas prices
business Jun 17, 2026, 7:49 PM
U.S. crude oil stockpiles hit record lows amid rising gas prices
  • Crude oil stockpiles in the U.S. have reached their lowest levels since 1983, with significant declines reported.
  • The U.S. government has been utilizing its Strategic Petroleum Reserve to help manage rising gas prices amid supply constraints.
  • Experts warn that without immediate relief, a significant price spike in gas prices is likely in the near future.
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Southeast Asia faces energy crisis as import bills soar to $245 billion
business Jun 17, 2026, 2:00 AM
Southeast Asia faces energy crisis as import bills soar to $245 billion
  • The Iran war has exposed Southeast Asia's vulnerability due to its reliance on oil and gas from the Strait of Hormuz.
  • Countries in the region are increasingly adopting renewable energy solutions, with a notable rise in rooftop solar and electric vehicle sales.
  • Without significant reforms, Southeast Asia's energy import bill could triple to $245 billion by 2035, necessitating a diversification of energy sources.
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Maldives introduces electric hydrofoil boats for sustainable tourism
business Jun 17, 2026, 2:00 AM
Maldives introduces electric hydrofoil boats for sustainable tourism
  • The Maldives will deploy up to 100 electric hydrofoil boats to improve island transfers.
  • The project aims to modernize transportation and reduce the carbon footprint of tourism.
  • This initiative supports the Maldives' goal of achieving net zero emissions by 2030.
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Oil prices drop below $80 as Strait of Hormuz closure ends
business Jun 17, 2026, 2:00 AM
Oil prices drop below $80 as Strait of Hormuz closure ends
  • Oil prices fell below $80 per barrel due to optimism about the reopening of the Strait of Hormuz.
  • The IEA reported that strategic oil reserves in advanced economies are at their lowest since 1990.
  • Analysts remain cautious about future oil prices despite the peace deal between the US and Iran.
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Venezuela's interim government signs deal to restore power grid
business Jun 16, 2026, 5:19 PM
Venezuela's interim government signs deal to restore power grid
  • Venezuela's interim president Delcy Rodríguez signed an agreement with General Electric to rebuild the electricity grid.
  • The country has been facing severe power outages due to a lack of investment and maintenance in the energy sector.
  • The deal is seen as a significant step towards opening Venezuela's economy to U.S. investors and addressing the ongoing energy crisis.
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Iran blocks Strait of Hormuz, halting global shipping traffic
business Jun 16, 2026, 4:11 PM
Iran blocks Strait of Hormuz, halting global shipping traffic
  • Iran has effectively closed the Strait of Hormuz since late February 2026, following military strikes.
  • Only seven vessels have passed through the strait since the recent US-Iran deal, with around 580 ships waiting in the Gulf.
  • Experts warn that security risks and the presence of mines are significant obstacles to resuming normal maritime traffic.
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U.S. and Iran reach tentative deal to reopen oil shipping routes
business Jun 16, 2026, 2:00 AM
U.S. and Iran reach tentative deal to reopen oil shipping routes
  • The U.S. and Iran have reached a memorandum of understanding to end their ongoing conflict.
  • The deal includes provisions to reopen the Strait of Hormuz, which has been closed to commercial traffic for months.
  • Analysts predict that normalization of energy markets may not occur until summer 2027.
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Jet fuel shortage claims debunked by industry leaders
business Jun 16, 2026, 2:00 AM
Jet fuel shortage claims debunked by industry leaders
  • Jamie Walker, CEO of Jet Linx, reported no fuel shortages in the U.S. or Europe.
  • Fuel production has increased significantly, allowing for exports to Europe.
  • Industry leaders confirm that the jet fuel crisis is overstated and demand remains strong.
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business Jun 15, 2026, 2:00 AM
China emerges as the world's leading clean energy superpower
  • In the late 1980s, climate change was framed as a collective action problem requiring international cooperation.
  • China's 11th Five-Year Plan in 2006 prioritized clean energy, leading to a significant growth in its electric vehicle industry.
  • China's rise as a clean energy superpower illustrates the paradox of Western nations' efforts versus China's successful implementation.
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Nuclear industry faces uranium supply crisis amid renaissance
business Jun 13, 2026, 2:00 AM
Nuclear industry faces uranium supply crisis amid renaissance
  • The North American nuclear fuel supply chain is struggling with a lack of investment in uranium mining and refining.
  • Many uranium mines are currently inactive due to low demand and prices, raising concerns about future supply.
  • Industry leaders are optimistic about a nuclear renaissance but emphasize the need for immediate action to secure uranium resources.
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Nord Stream pipelines could take three years to repair amid insurance dispute
business Jun 12, 2026, 5:14 PM
Nord Stream pipelines could take three years to repair amid insurance dispute
  • The Nord Stream gas pipelines were damaged in September 2022 due to underwater explosions.
  • A technical report states that repairs could take 36 months and require Russian expertise and Chinese materials.
  • The future of the pipelines remains uncertain amid an ongoing insurance dispute and energy crisis in Europe.
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CWP Energy achieves milestone by delivering two turbine blades at once
business Jun 12, 2026, 11:57 AM
CWP Energy achieves milestone by delivering two turbine blades at once
  • CWP Energy successfully transported two turbine blades to the Sanquhar II wind farm in Scotland.
  • The blades were delivered using innovative blade lifter technology, allowing for safer navigation of rural roads.
  • This achievement is a significant milestone for the renewable energy sector and showcases advancements in turbine transportation.
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Ukraine embarks on ambitious city-building project amid war challenges
business Jun 11, 2026, 5:31 PM
Ukraine embarks on ambitious city-building project amid war challenges
  • Oksana Markarova is leading a project to build a new city in Ukraine, aiming to accommodate 100,000 residents.
  • The project is the first of its kind in Ukraine, with a significant portion of funding coming from private sources.
  • Markarova argues that Ukraine's unique conditions present unprecedented investment opportunities despite ongoing conflict.
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GM enables EV owners to sell electricity back to the grid
business Jun 11, 2026, 9:00 AM
GM enables EV owners to sell electricity back to the grid
  • General Motors is enhancing its vehicle-to-home energy system with a software update.
  • The update allows EV owners to sell electricity back to the power grid during peak demand.
  • This initiative aims to integrate EVs into grid-balancing protocols and promote a more resilient energy future.
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Alcoa's CFO warns alumina segment faces severe losses amid energy crisis
business Jun 11, 2026, 8:55 AM
Alcoa's CFO warns alumina segment faces severe losses amid energy crisis
  • Alcoa's CFO Molly Beerman warned investors about significant losses in the alumina segment due to rising energy costs and supply disruptions.
  • The company's alumina refineries are primarily located in Western Australia, Brazil, and Spain, but they supply material to Gulf smelters, making them vulnerable to regional disruptions.
  • Following the warning, Alcoa's shares dropped 9.5%, marking the largest decline in over a year, while analysts remain optimistic about the overall aluminum market.
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Germany secures long-term LNG agreements with Canada amid energy crisis
business Jun 11, 2026, 7:00 AM
Germany secures long-term LNG agreements with Canada amid energy crisis
  • Germany has signed long-term LNG offtake agreements with Canada's Ksi Lisims project to enhance energy security.
  • The Ksi Lisims facility is expected to begin construction in 2027, pending demand confirmation and overcoming legal challenges.
  • Despite the agreements, Germany may not receive LNG directly, opting instead for cargo swaps with suppliers closer to Europe.
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China-based actors manipulate US public opinion against data centres
business Jun 11, 2026, 2:00 AM
China-based actors manipulate US public opinion against data centres
  • OpenAI reported that China-based actors used ChatGPT to influence public opinion against US data centres.
  • The influence operations included generating content that blamed data centres for rising electricity costs.
  • Despite these efforts, OpenAI found no significant impact on public sentiment regarding data centres.
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Shin-Etsu Chemical invests in new rare-earth refinery amid supply chain concerns
business Jun 11, 2026, 2:00 AM
Shin-Etsu Chemical invests in new rare-earth refinery amid supply chain concerns
  • Shin-Etsu Chemical plans to build a new rare-earth refinery in Fukui Prefecture.
  • The investment for the new plant is expected to exceed £35 billion, with significant government subsidies.
  • This project is crucial for Japan's national security and aims to reduce reliance on Chinese rare earth supplies.
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Mark Carney's AI strategy fuels natural gas market growth
business Jun 11, 2026, 2:00 AM
Mark Carney's AI strategy fuels natural gas market growth
  • Canada's AI strategy aims to create jobs and boost productivity through a national network of data centres.
  • The strategy emphasizes the use of natural gas to power these data centres, raising environmental concerns.
  • Critics argue that the focus on fossil fuels undermines the potential for renewable energy solutions.
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India seeks Russian coal and nickel to boost steel and electric vehicle production
business Jun 10, 2026, 10:45 PM
India seeks Russian coal and nickel to boost steel and electric vehicle production
  • India's state-owned miners are exploring Russian coking coal assets and nickel imports to secure critical raw materials.
  • The Indian government has classified coking coal as a strategic mineral, emphasizing the need for stable supply lines.
  • These efforts are part of India's broader strategy to enhance steel production and support electric vehicle manufacturing.
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Ukraine's inflation rate drops but fuel prices soar
business Jun 10, 2026, 10:37 PM
Ukraine's inflation rate drops but fuel prices soar
  • Ukraine's annual consumer inflation rate decreased to 8.2% year-over-year in May 2026.
  • Core inflation rose to 7.9%, driven by high logistics costs and fuel prices.
  • Despite signs of monthly inflation relief, ongoing price pressures indicate economic challenges remain.
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Russian forces struggle with logistics in Kherson region amid fuel shortages
business Jun 10, 2026, 9:08 PM
Russian forces struggle with logistics in Kherson region amid fuel shortages
  • Russian forces in the Kherson region are facing serious logistics problems due to fuel shortages.
  • Authorities in the region attempted to profit from the fuel crisis, leading to reprimands from the FSB.
  • The ongoing logistical challenges could significantly impact Russian military operations in the area.
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EU energy dependency deepens as Russian LNG imports rise despite ban
business Jun 10, 2026, 8:27 PM
EU energy dependency deepens as Russian LNG imports rise despite ban
  • EU imports of Russian LNG from the Yamal project increased by nearly 18% in early 2026.
  • Spain and Belgium were key destinations for Yamal LNG, with significant increases in imports.
  • The existence of loopholes in the EU's ban on Russian LNG imports complicates efforts to reduce dependency.
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