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.
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.
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.
GCC stock markets see selling pressures
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.
British oil giant BP profits slump amid decline in oil refining margins
BP reported a significant drop in net profit due to weak oil trading and refining margins, indicating challenges amid falling oil prices.
A Clever Way to Play MLPs for Energy Income
Oil prices have dramatically dropped due to weak demand and oversupply, impacting trading strategies and investment considerations.
The Top Energy Stock Billionaire Investors Are Buying Hand Over Fist
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.
GCC stock markets see selling pressures
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.
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.
Ukraine updates: Kyiv strikes oil terminal in Crimea DW 10/07/2024
Ukraine targets Russian oil facilities to disrupt invasion funding.
Successful strike on Feodosia oil terminal highlights strategic military objectives.
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 Electric Company Boss Fired as Russia Pounds Power Grid
Kudrytsky's dismissal highlights ongoing political tensions in Ukraine's energy sector amid continuous Russian aggression.
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.
Ukraine updates: Kyiv strikes oil terminal in Crimea DW 10/07/2024
Ukraine targets Russian oil facilities to disrupt invasion funding.
Successful strike on Feodosia oil terminal highlights strategic military objectives.
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 Electric Company Boss Fired as Russia Pounds Power Grid
Kudrytsky's dismissal highlights ongoing political tensions in Ukraine's energy sector amid continuous Russian aggression.
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.
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.
Russia says it's the bigger person for not cutting Europe's natural gas supply - but that's not all there is to it
Russia's oil and gas sector is compromised by Western sanctions, significantly reducing its exports to Europe and putting financial pressure on the country.
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.
Russia says it's the bigger person for not cutting Europe's natural gas supply - but that's not all there is to it
Russia's oil and gas sector is compromised by Western sanctions, significantly reducing its exports to Europe and putting financial pressure on the country.
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.
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
US announces hundreds of new sanctions in push to isolate Russia
The United States has announced new sanctions targeting entities and individuals worldwide in an effort to isolate Russia as the war in Ukraine continues.
The sanctions aim to crack down on sanctions evasion, weapons procurement, and sectors such as energy and mining that support Russia's military-industrial base.
Danish Energy Attacks Portend Targeting More Critical Infrastructure
Danish energy sector organizations were targeted in a series of cyberattacks, potentially linked to Russia's Sandworm APT.
Attackers exploited vulnerabilities in Zyxel firewall devices, including two zero-days, to gain access to industrial machinery.
Both state-level APTs and cybercriminal groups are targeting the energy sector for economic and national security reasons.
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.