Transportation

Google's energy executive said that the most difficult part of powering Google data centers is connecting to the U.S. electric transmission system. In some areas, the wait time to connect can be more than 10 years. As the world's biggest technology companies race to expand energy-intensive data centres, which are increasingly used to train artificial intelligence and to?roll it out, they are up against the slow-moving power grid of China. Marsden?Hanna (Global Head of Sustainability and Climate Policy, Google) said that transmission barriers were the biggest challenge on the grid at an event hosted by the American Enterprise Institute. Hanna...

Earthjustice, a U.S. environmental group, asked Louisiana utility regulators on Wednesday to look into the financing of the $27 billion Meta data centre project. Earthjustice claims that the project threatens to put everyday homes and businesses at risk for the build-out costs. Environmental and consumer groups are pushing back on the expansion of energy-intensive data centers, arguing it will increase global warming emissions as well as power bills. Earthjustice's request to the Louisiana Public Service Commission is the first formal petition it has filed asking a utility regulator for an investigation into?datacenter financing. The group believes this is the first...

Freeport LNG’s export plant in Texas is on track to 'take in more natural gases on Wednesday, after flow?declined? on Tuesday. This was a sign that the?plant _was _recovering from some disruption earlier this week. The U.S. facility is one of the U.S. exporting liquefied gas facilities that are closely monitored in the world. Operational changes could cause price swings on global gas markets. Gas prices in the U.S. are usually lower due to a decrease in demand from the export plant. Prices in Europe are usually higher due to the reduced LNG supply available on global markets. The U.S....

The Canadian oil tycoon, who is the head of one of North America’s fastest growing?oil firms, wants his country to offer its expertise in heavy-oil to the United States to help rebuild Venezuela’s?oil sector. Adam Waterous is one of Canada's most active oil industry dealmakers, and executive chair of Strathcona Resources. His comments show a surprising willingness for him to support Donald Trump, despite the trade war he has with Canada, and the possibility that Venezuelan crude could displace some Canadian petroleum on the U.S. oil market. Canada is the fourth largest oil producer in the world. It is also...

Six sources confirmed that two Greek-managed oil tanks were struck by drones near the Caspian Pipeline consortium terminal on Tuesday, which is responsible for?around 80%?of Kazakhstan's crude oil exports. LSEG data revealed that Delta Tankers in Greece manages one of the tankers. According to sources, this tanker was expected to be loaded with oil from Tengizchevroil. The sources said that the other ship, Matilda is managed by Greece's Thenamaris, and would be expected to load oil from Karachaganak. Thenamaris confirmed that Matilda was hit by two drones as she waited in "ballast conditions" 30 miles off CPC. According to a...

Uber will be on trial in Phoenix, Arizona this week, for a sexual assault lawsuit filed by a woman who claims she was sexually abused by a driver that she booked through the Uber app. Uber will face its first trial to test their efforts to shield themselves from liability for alleged assaults by their drivers. Thousands of cases are pending before U.S. Federal Court. Jaylynn Dean, a resident of Oklahoma, sued Uber in 2023. This was one month after the alleged attack in Arizona. She claimed Uber was aware that a number of sexual assaults were being committed by...

In its filing to a U.S. Securities and Exchange Commission, electrical equipment manufacturer Forgent Power Solutions reported a 83.9% increase in its?quarterly revenues. Initial public offerings were held on Friday as more issuers sought to gauge investor interest in the early part of this year. In 2026, the IPO market is likely to grow as investors gain confidence from anticipated interest rate reductions and increase their appetite for risk. Companies that delayed listing during a prolonged shutdown of government are rushing to list early in the new year. Bob's Discount Furniture, a furniture retailer, and biopharmaceutical firms Eikon Therapeutics, Veradermics...

Microsoft and the U.S. Midwest Grid have teamed up, according to an announcement made on Tuesday. This is just one of many examples of Big 'Tech turning to collaboration in order to ensure that massive amounts of energy needed for artificial intelligence can be available. In the past two years, U.S. tech companies have deepened their ties with the energy sector. They have signed long-term supply agreements and provided AI assistance in order to maximize the supply as the demand for power in the U.S. skyrocketed due to the energy-intensive data centers. Google partnered last year with PJM Interconnection, the...

Mark Carney, the Prime Minister of Canada, said on Tuesday that Canadian crude oil was low-risk and would remain competitive even if production?in Venezuela rose after President Nicola Maduro's capture by the U.S. U.S. president Donald Trump said that American oil companies were prepared to enter Venezuela and invest billions of dollars to restore production. Venezuelan crude oil is similar in weight to the heavy oil produced in Canada's sands. Some analysts speculate that Canadian products?could be eventually displaced. Carney said that a functioning Venezuelan economic system would increase?oil production and stability in the Western Hemisphere. He said this was...

Shipping data shows that Venezuela's main oil port on Tuesday became the fifth day without delivering crude to the state-run PDVSA customers in Asia – the OPEC country's major buyers – as the U.S. pressed the nation with an oil embargo. Chevron, the main joint venture partner of PDVSA, resumed Monday exports of Venezuelan crude oil to the U.S., after a four day pause. It also called its?workers overseas back to their Venezuela offices, as flights into?the country re-started. In recent weeks, the U.S. company has become 'the only firm fluidly exporting Venezuelan crude. In early January, a dozen vessels...

Energy Transfer, a pipeline company, said that it expects to invest $5.0 billion to $5.5 billion of growth capital by 2026. This will be primarily for projects that enhance its natural gas distribution network. The company anticipates that'several projects will ramp up or come online in 2026. These include the 'Nederland flexport NGL expansion and the Mustang Draw I & Mustang Draw II processing plants in the Permian Basin as well as the natural gas pipeline project serving data centers in Texas. Energy Transfer announced last month that it would increase its Transwestern pipeline's expansion project to the Desert Southwest...

Major U.S. Airlines canceled hundreds?of flights on Saturday following a military action in Venezuela which resulted in the capture of President Nicolas Maduro. American Airlines, Delta Airlines, Spirit Airlines, and JetBlue Airways all cancelled flights on Saturday in accordance with the Federal Aviation Administration's Caribbean airspace closures. In a letter to airmen, the FAA said that it had closed the airspace for U.S. carriers due to "risks to flight safety associated with ongoing military activity." According to the notice, this closure does not apply to non-U.S. carriers and operators. The FAA refused to comment on this further. Sean Duffy, the...

A London court heard on Wednesday that the captain of a container vessel which smashed into a U.S. oil tanker last year off Britain's East Coast tried to alter course in order to avoid a fatal collision. Vladimir Motin's lawyer stated that the Russian captain of the Solong, who hit the Stena Immaculate tanker anchored in March 2025 and tried to turn off the autopilot but failed, shortly before the crash. Motin is facing trial at the Old Bailey, accused of gross negligence manslaughter. Mark Pernia is a 38-year-old crew member whose body was never found, but is presumed to...

Oleksandr vilkul, the head of the military administration, said that Russian drones had struck Kryvyi rih in central Ukraine on Wednesday, forcing power outages for over?45,000 people and disrupting heat supply. If you can, please charge your mobile devices and fill up with water. Vilkul told Telegram users that it was going to be a difficult day. The water pumping stations in the system could have pressure problems. It was not possible to determine the exact scale of 'the attack immediately. Russia has not commented on the?strike. Russia repeatedly attacked Ukraine's power plants, substations, and transmission lines with drones and...

Data from LSEG and market sources showed that Russia's seaborne gasoil and diesel exports increased by almost 40% in December compared to November, reaching about 3,41 million metric tonnes. This was due to higher fuel production, and a'seasonal decline in domestic demand. Sources said that exports of ultra-low sulphur diesel via Primorsk - Russia's largest outlet for diesel shipments - grew 35% on a month-on-month basis to 1.7 millions tons as major suppliers increased output and supplies. Last month, diesel?and gasoline loadings at southern ports Tuapse?and Novorossiysk increased by?almost 60 percent compared to November. This was due to local refineries...

On 'Thursday, Ukrainian officials raced to restore power after Russian strikes plunged the two regions in the south-east into a?near total blackout overnight. Critical infrastructure was forced to rely on reserves. Moscow has intensified attacks on Ukraine's power system, as Ukrainian forces fight off Russian advances in the battlefield and Kyiv is under U.S. pressure for a peace agreement. The Deputy Premier of Ukraine,?Oleksiy?Kuleba, said that repairs are still being carried out to restore heat and water supply to over 1 million customers in the industrialised area of Dnipropetrovsk. Energy ministry reported that nearly 800,000 customers in the affected region...

Alexei Miller said that Gazprom, the Russian gas corporation, supplied 38.8 billion cubic meters of gas to China through the Power 'of Siberia' pipeline this year. This is an increase of nearly a fifth compared to the previous year. Miller stated that by the end of 2025, the company will have exceeded its contractual obligations to China in terms of gas supply. Sources familiar with data said on Monday that Russia’s pipeline exports to China of?natural?gas were expected to hit around 38.6-38.7 bcm this year. This is up from 31 bcm by 2024 and exceed the pipeline's annual capacity of...

According to Serbia's RTS TV, the U.S. granted Serbian oil refiner NIS until March 24th to 'negotiate' the sale of their 'Russian owner's' stake. RTS stated that NIS did not have an operating license which would allow it to purchase and process crude oil. After a series waivers granted since January, the Office of Foreign Assets Control of the U.S. Treasury Department imposed sanctions against NIS as part of broader measures taken against?Russian energy sector. The sanctions have stopped crude oil supplies through Croatia's JANAF pipe, which has shut down production at?Pancevo. Gazprom, the sanctioned oil unit of Russia's Gazprom,...

Serbian President Aleksandar Vucic revealed on Tuesday that Russian energy giant Gazprom has been in discussions with Hungary's MOL about a possible sale of its majority stakes in 'NIS' - Serbia's only oil refiner. In January, the United States announced sanctions against Russia's oil industry in response to Moscow's conflict in Ukraine. But, NIS's application was repeatedly delayed before finally coming into force on October 8th. "We have no problem with it. We have information that Gazprom representatives have been talking to MOL in Hungary, and we don't have anything against them." Vucic said to reporters on Tuesday that the...

Russian strikes near Ukraine’s Black Sea Port of Odesa?on Thursday?killed a woman?in her vehicle?and damaged infrastructure?and asked residents who have been suffering from long power outages to stop blocking the roads in protest? Oleh Kiper of Odesa, in a Telegram post, claimed that a Russian drone had killed a woman who was driving her car across a bridge southwest of Odesa. The incident injured her three children. Kiper asked residents who have experienced extended power outages in their homes to show patience and remove roadblocks. Kiper stated that the energy infrastructure of Odessa has suffered extensive damage as a result...

According to sources and the state-run PDVSA, Venezuelan oil company resumed oil cargo deliveries on Wednesday at its terminals after a cyberattack affected their centralized administrative system. Sources close to the operations of PDVSA said that the company, which was dealing with the U.S. blockade on Tuesday against all sanctioned oil tankers attempting to enter or leave Venezuelan waters and approaching, had been able to isolate refineries, oilfields, ports, and other facilities to resume working. According to a source at the state-run oil company, the ransomware was detected days earlier and the antivirus software used to try and fix it...

Zhang 'Hanhui', Beijing's embassy to Moscow, told Russia's RIA News Agency that construction is proceeding on a planned Far Eastern pipeline to'supply Russian gas to China'. The Far Eastern route is designed to send gas from Russia's Pacific coast to ?China via a new branch link connected to Russia's ?Sakhalin-Khabarovsk-Vladivostok pipeline system. Exports will begin?in 2027. China is expected to import 2 billion cubic metres (bcm), initially, and then a total of 12 bcm per year. Zhang, RIA cited as saying that "Construction is progressing steadily on the Far Eastern route of natural gas supply from Russia to China." Russia...

State news agencies reported on Monday that Russia was considering extending the diesel and gasoline export restrictions until February. Anonymous sources were cited. On Monday, Russian Deputy Prime Minister Alexander Novak presided over a meeting about the fuel market. The participants included officials from the Energy Ministry, the Federal Anti-Monopoly Service (FAMS) and representatives of oil companies. After the meeting, the government stated that the fuel producers kept the supply balanced. There is a downward trend in the fuel price for small wholesalers. The government has confirmed that the required fuel volumes are being provided to agricultural producers. The Russian...

The 'International Energy Agency' said that Russia's revenue from crude oil and refined product exports fell again in November due to lower export volume and weaker prices, reaching their lowest level since the 2022 invasion of Ukraine. The Russian energy industry, which is vital to the country's economy, is being put under pressure by an increase in drone attacks on oil refineries. Washington increased its pressure against the Kremlin by introducing sanctions in October, targeting Russia's two largest oil companies, Rosneft & Lukoil. The IEA, based in Paris, said that Russia's revenue from crude oil and fuel sales dropped to...