Ransomware attacks are hitting energy, oil and gas sectors especially hard, report finds
Ransomware attacks are increasingly targeting energy and oil/gas sectors, causing longer recovery times and victims being more willing to pay ransom demands.
Software and IT vendors linked to 67% of energy sector breaches
Two-thirds of energy sector breaches are caused by software and IT vendors, highlighting a significant third-party risk issue.
Critical infrastructure must strengthen cybersecurity to counter evolving threats, especially from third-party vulnerabilities.
Cyberattacks on U.S. utilities are up 70% this year
U.S. utilities experienced a significant rise in cyberattacks, highlighting increased vulnerabilities as infrastructure expands and digitalizes.
Energy companies increase investments in cybersecurity due to increasing risks
Cybersecurity is seen as the biggest risk in the energy sector, with companies planning to invest more for better protection.
US government contractor ENGlobal says operations are 'limited' following cyberattack | TechCrunch
ENGlobal Corporation has restricted IT system access after a cyberattack, limiting operations to essential functions while investigating the impact.
Ransomware attacks are hitting energy, oil and gas sectors especially hard, report finds
Ransomware attacks are increasingly targeting energy and oil/gas sectors, causing longer recovery times and victims being more willing to pay ransom demands.
Software and IT vendors linked to 67% of energy sector breaches
Two-thirds of energy sector breaches are caused by software and IT vendors, highlighting a significant third-party risk issue.
Critical infrastructure must strengthen cybersecurity to counter evolving threats, especially from third-party vulnerabilities.
Cyberattacks on U.S. utilities are up 70% this year
U.S. utilities experienced a significant rise in cyberattacks, highlighting increased vulnerabilities as infrastructure expands and digitalizes.
Energy companies increase investments in cybersecurity due to increasing risks
Cybersecurity is seen as the biggest risk in the energy sector, with companies planning to invest more for better protection.
US government contractor ENGlobal says operations are 'limited' following cyberattack | TechCrunch
ENGlobal Corporation has restricted IT system access after a cyberattack, limiting operations to essential functions while investigating the impact.
Value Investor Bill Nygren Continues to Sell Financials and Move Into These 3 Sectors
Bill Nygren strategically adjusted the Oakmark Select Fund's portfolio by reducing financial services holdings and increasing investments in energy stocks.
Billionaire Investor Howard Marks' Oaktree Capital Sells Major Holding and Reinvests in the Energy Sector
Brookfield Corp. acquired a majority stake in Oaktree Capital to enhance its investment strategy with expert insights in credit and energy.
4 Dividend-Paying Energy Stocks to Buy Now
Oil prices saw significant fluctuations, impacted by production adjustments, geopolitical events, and market dynamics.
Investors may consider buying mega-cap energy stocks as oil prices rise, with focus on those paying dividends and rated buy by major Wall Street firms.
Value Investor Bill Nygren Continues to Sell Financials and Move Into These 3 Sectors
Bill Nygren strategically adjusted the Oakmark Select Fund's portfolio by reducing financial services holdings and increasing investments in energy stocks.
Billionaire Investor Howard Marks' Oaktree Capital Sells Major Holding and Reinvests in the Energy Sector
Brookfield Corp. acquired a majority stake in Oaktree Capital to enhance its investment strategy with expert insights in credit and energy.
4 Dividend-Paying Energy Stocks to Buy Now
Oil prices saw significant fluctuations, impacted by production adjustments, geopolitical events, and market dynamics.
Investors may consider buying mega-cap energy stocks as oil prices rise, with focus on those paying dividends and rated buy by major Wall Street firms.
Political uncertainty could derail major carbon capture project, experts warn | CBC News
The future of Canada's largest carbon capture project is uncertain following Trudeau's resignation announcement, highlighting instability in energy and climate policy.
Recounting Ethiopia's Bitcoin Developments In 2024
Ethiopia's strategic entry into the bitcoin mining sector has made significant economic impacts, with expected revenue growth illustrating its energy potential.
Pacific Power rate hike could near 10% for residential customers
Pacific Power's electricity rates will increase by 8.5% starting January 1, lower than the originally requested 12.9% increase.
Recounting Ethiopia's Bitcoin Developments In 2024
Ethiopia's strategic entry into the bitcoin mining sector has made significant economic impacts, with expected revenue growth illustrating its energy potential.
Pacific Power rate hike could near 10% for residential customers
Pacific Power's electricity rates will increase by 8.5% starting January 1, lower than the originally requested 12.9% increase.
How do we transform markets so that sustainability isn't a choice but an imperative?
Businesses must collectively transform to meet sustainability goals, rather than addressing responsibilities in isolation.
The urgency for change in energy markets is growing amidst corporate hesitations.
Leading companies risk obsolescence by failing to adapt to emerging market dynamics.
Women in AI: Marissa Hummon thinks AI will help make the power grid greener | TechCrunch
Marissa Hummon advocates for systemic change to increase women's representation in technology and promote sustainability in the utility industry through AI.
How do we transform markets so that sustainability isn't a choice but an imperative?
Businesses must collectively transform to meet sustainability goals, rather than addressing responsibilities in isolation.
The urgency for change in energy markets is growing amidst corporate hesitations.
Leading companies risk obsolescence by failing to adapt to emerging market dynamics.
Women in AI: Marissa Hummon thinks AI will help make the power grid greener | TechCrunch
Marissa Hummon advocates for systemic change to increase women's representation in technology and promote sustainability in the utility industry through AI.
GCC stock markets mostly down today due to oil concerns and geopolitical tensions
Saudi Arabia's stock market showed slight gains in energy sector but banking sector retreated
3 Energy Stocks Poised for Profits in April | Entrepreneur
The energy sector is poised for significant growth due to geopolitical tensions, supply constraints, and rising global demand for natural gas and crude oil.
The significant events in the global economy over the past week - London Business News | Londonlovesbusiness.com
The U.S. stock market showed resilience last week amid geopolitical tensions, achieving continued gains despite various challenges.
The Top Energy Stock Billionaire Investors Are Buying Hand Over Fist
GCC stock markets mostly down today due to oil concerns and geopolitical tensions
Saudi Arabia's stock market showed slight gains in energy sector but banking sector retreated
3 Energy Stocks Poised for Profits in April | Entrepreneur
The energy sector is poised for significant growth due to geopolitical tensions, supply constraints, and rising global demand for natural gas and crude oil.
Nuclear plant Three Mile Island is reopening to power Microsoft AI's growing energy demands
Microsoft's 20-year nuclear power deal with Constellation Energy could revolutionize energy supply for data centers amid rising demands of AI.
Power-Thirsty AI Turns to Mothballed Nuclear Plants. Is That Safe?
Microsoft's purchase deal highlights a notable shift towards revitalizing dormant nuclear energy sources to meet the increasing energy requirements for AI.
Further application of smart solutions in green energy sector seen as key
AI presents significant opportunities for optimizing energy consumption and integrating renewables into grids despite challenges posed to climate goals.
New hope for European tech? VC funding up 12% to $30B in 2024
Europe's VC investment up by 12% in 2024, with energy and AI sectors leading the funding trends.
Nuclear plant Three Mile Island is reopening to power Microsoft AI's growing energy demands
Microsoft's 20-year nuclear power deal with Constellation Energy could revolutionize energy supply for data centers amid rising demands of AI.
Power-Thirsty AI Turns to Mothballed Nuclear Plants. Is That Safe?
Microsoft's purchase deal highlights a notable shift towards revitalizing dormant nuclear energy sources to meet the increasing energy requirements for AI.
Further application of smart solutions in green energy sector seen as key
AI presents significant opportunities for optimizing energy consumption and integrating renewables into grids despite challenges posed to climate goals.
New hope for European tech? VC funding up 12% to $30B in 2024
Europe's VC investment up by 12% in 2024, with energy and AI sectors leading the funding trends.
Zelenskyy seeks US investments in Ukraine's battered energy sector
Zelenskyy proposes special incentives for U.S. companies to help rebuild Ukraine's energy system damaged by Russian attacks.
Ukraine arrests energy official as it continues anti-corruption drive
Ukraine detains a deputy energy minister over a $500,000 bribe involving smuggling mining equipment from war-torn eastern Ukraine.
Ukraine: A focus on emergency aid rather than reconstruction DW 06/02/2024
Germany and the US approved the use of German weapons by Ukraine against military targets in Russia due to attacks on civilians, with a focus on Ukraine's energy sector in the reconstruction efforts.
Ukraine war briefing: Three killed in second day of Russian attacks on Zaporizhzhia region, says governor
Russian strikes in Zaporizhzhia region killed three, injured six, and caused disruptions at the nuclear power station.
Ukraine's energy sector, including power plants and nuclear facilities, has been severely targeted by Russian attacks, impacting the country significantly.
Zelenskyy seeks US investments in Ukraine's battered energy sector
Zelenskyy proposes special incentives for U.S. companies to help rebuild Ukraine's energy system damaged by Russian attacks.
Ukraine arrests energy official as it continues anti-corruption drive
Ukraine detains a deputy energy minister over a $500,000 bribe involving smuggling mining equipment from war-torn eastern Ukraine.
Ukraine: A focus on emergency aid rather than reconstruction DW 06/02/2024
Germany and the US approved the use of German weapons by Ukraine against military targets in Russia due to attacks on civilians, with a focus on Ukraine's energy sector in the reconstruction efforts.
Ukraine war briefing: Three killed in second day of Russian attacks on Zaporizhzhia region, says governor
Russian strikes in Zaporizhzhia region killed three, injured six, and caused disruptions at the nuclear power station.
Ukraine's energy sector, including power plants and nuclear facilities, has been severely targeted by Russian attacks, impacting the country significantly.
Oil Could Explode Higher: Buy These 4 Ultra-Yield Dividend Energy Stocks Now
Big money ignoring energy sector amid Middle East tensions, potential for oil price surge.
The Public Health Concern Over California's Hydrogen Hubs Explained | KQED
Trust in California's management of $1.2 billion for hydrogen hub projects despite concerns over lack of transparency and potential health impacts.
TC Energy signs deal to sell minority stake in pipeline to Indigenous groups | CBC News
TC Energy Corp. signs $1-billion deal for Indigenous communities' stake in gas transmission system.
New ICS Malware 'FrostyGoop' Targeting Critical Infrastructure
FrostyGoop is the ninth ICS-focused malware disrupting an energy company in Ukraine, using Modbus TCP for OT sabotage.
The malware targets Windows systems, reads and writes to ICS devices, and can cause system malfunctions and inaccurate measurements.
Down by 22%, this stock is a potential tenbagger in the oil industry - London Business News | Londonlovesbusiness.com
Par Pacific Holdings (PARR) is down 22% YTD but has significant growth potential, offering good value with strong financials for long-term investors.
Methane emissions from energy sector remain at historic highs, fueling climate crisis
Global energy sector methane emissions at record levels
Focus on reducing methane emissions from fossil fuels to combat climate crisis
Energy industry methane emissions rise close to record in 2023
Methane emissions from energy sector at record highs despite promises to reduce levels
40% of emissions in 2023 could have been avoided at no net cost using available technology
Investment race: Leaders among Russian companies in the EU and US markets - London Business News | Londonlovesbusiness.com
Russian goods keep entering Western markets despite sanctions, with Russian companies profitably investing in Western countries, notably in energy and banking sectors.
Phase one of building small nuclear reactor in Ontario is complete: energy minister | CBC News
The completion of the first phase of building a small nuclear reactor near Toronto is on schedule and within budget.
Gorilla, a Belgian startup that helps energy providers crunch big data, raises $25M | TechCrunch
Gorilla, an energy-focused analytics company from Belgium, raised €23 million in a Series B led by Headline, enabling expansion into European and US markets amid rising energy prices.