Semafor Energy

Eurozone petrol sales fell 3.5% year-on-year in April, the first drop in almost two years.

Marine cables carry more than 95% of the world’s intercontinental telecommunications data and ever more electricity.

Unorthodox and aggressive solutions are emerging amid AI boom.

The Iran war has the largest supply disruption in history.

The president is using Cold War-era authorities to sink hundreds of millions of dollars into US-mined coal.

We’re “living in what arguably is one of the best periods to invest in renewables in the US over the last 20 years,” the CEO of EDP told Semafor.

Moscow has pushed more crude into the global market at a moment of surging prices, driving export revenues to also reach their highest level since 2022.

The deal will free up 100 megawatts of energy for Google’s use without having to build any new infrastructure.

The move is the administration’s latest step to prolong the life of an industry that most energy experts agree is inexorably in decline.

The economy was already struggling before the loss of cheap Venezuelan oil and Washington’s energy embargo.

Oil prices are now hovering around $95 per barrel, 30% above pre-war levels.

The move could leave big companies with a more onerous task ahead in reporting their carbon footprints to shareholders.