Ministers have been warned that Britain could face a looming gas supply crisis by the end of the decade and should draw up plans to guard against the emerging risk. The government's energy advisers urged ministers to address an emerging risk to gas supply security that could mean homes and businesses going without gas during a prolonged period of cold weather.
Nearly 59,000 Iranians die prematurely due to air pollution in year to March, according to officials. Tehran, Iran Iranians in the capital and many other cities across the country are breathing in toxic fumes as authorities resort to burning dirty fuel to produce electricity and cope with multiple ongoing crises. At 14 power plants, authorities for years have burned mazut, a dark residue of petroleum high in sulphur and other impurities, whenever they run out of natural gas to feed the electricity generators.
Ukrainian strikes have "annihilated" a major power plant in Moscow with multiple explosions and machine gun fire was heard at the Shatura Thermal Power Plant in Moscow Oblast. Unverified footage shows multiple explosions ringing out with several fireballs lighting up the night sky. Moscow region governor, Andrei Vorobyov, said, "Some of the drones were destroyed by air defense forces. Several fell on the territory of the station," he added a fire broke out but this is now "localised".
The Ukrainian army says it has struck a Russian oil refinery near the capital Moscow, a day after Russia launched massive, deadly attacks on Kyiv. The Ukrainian army said on social media on Saturday that it hit a refinery in the Ryazan region as part of efforts to reduce the enemy's ability to launch missile and bomb strikes.
Soaring electric and utility bills nationwide are the new political bellwether for consumers heading into a pivotal 2026 midterm election cycle for the first time in recent history, replacing the typical hot-button items of fuel prices and grocery costs-most notably for eggs last year. While costly grid and severe weather upgrades have accounted for much of the price hikes of late, utility bills are projected to continue spiking for years to come because of the AI-driven data center boom and surging natural gas exports driving demand for new power generation and more fossil fuels.
Midstream energy stocks are the companies involved in the processing, transportation, and storage of crude oil, natural gas, and natural gas liquids. These companies operate in the "midstream" sector, which falls between the upstream (exploration and production) and downstream (refining and marketing) sectors of the energy industry. They are far less susceptible to spot benchmark pricing moves, as most sector leaders have locked in contracts for their services, some of which run for years.
This week, JPMorgan analysts suggested that a retreat from today's elevated stock prices might actually be beneficial, helping to cool an overheated market and create conditions for steadier, longer-term expansion. Their view emerges as key benchmarks such as the S&P 500 trade at lofty valuations following months of consistent gains. We screened the equity research database, looking for companies that are highly stable, pay reliable dividends, and operate in sectors that tend to perform well during market corrections, such as healthcare, utilities, and consumer staples.
"After analyzing a detailed pipeline of data center projects, we predict an average global growth rate of 17% per year in data-center-related power demand between 2022 and 2030," the report states. In the US, that average growth rate jumps to 25%. By 2030, data centers could account for more than 14% of the US's total power demand, even with gains in energy efficiency from new chips and sustainable data center infrastructure.
Fighting Russian drone and missile attacks across Ukraine on Saturday killed at least five people, while also cutting power to parts of the southern Odesa region, the AFP news agency reported, citing local officials. Two of the victims were killed in an attack on a church in Kostiantynivka in eastern Donetsk, AFP said. Ukraine's private energy firm DTEK said that power has been restored to 240,000 households in Odesa after a Russian attack overnight on Saturday, which damaged some energy infrastructure.
Despite being under a year old and having no revenue, Fermi America had a very successful initial public offering (IPO) this week. The company, which aims to provide data and power centers for artificial intelligence, saw its shares (Nasdaq: FRMI) close at $32.53 on their first day of trading Wednesday, up nearly 55% from their IPO price of $21 per share. Fermi's stock price continued to rise through after-hours and into premarket trading on Thursday, reaching $36.
The US will provide Ukraine with intelligence on long-range energy infrastructure targets deep inside Russia, according to overnight reports, a move that would signal a significant shift in White House support for Kyiv. The decision would be the first example of a change in policy by Donald Trump since his comments on social media towards the end of September that Ukraine could win back all of the territories occupied by Russia.
It was the famous scene where Dustin Hoffman's character gets pulled aside by one of his parents' friends at his own college graduation party for some awkward career advice. "I just want to say one word to you," says the Mr. McGuire character, "Power." In the original scene, McGuire said, "plastics," reflecting the space-age economy of the 1960s. The message behind Gray's edit was that power is the new plastics in an age of electricity-hungry AI.
The glorious visit of US President Donald Trump to the British Isles last week came with promises of thousands of precious GPUs, with Nscale, Microsoft, Google, and more teaming up to build a giant datacenter within walking distance of my house. But is the Tech Prosperity deal really a portal to a bright future or will it suck us in?
Ukrainian President Volodymyr Zelenskyy said that Russia had launched more than 3,500 drones and nearly 190 missiles against Ukraine so far in September, describing the onslaught as an aerial terror operation. Russian forces carried out a large attack on Ukraine's southeastern city of Zaporizhzhia, killing a 41-year-old man, injuring at least 18 people and triggering several fires, regional Governor Ivan Fedorov said.
