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Intelligence for the New World Economy

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Intelligence for the New World Economy
Semafor World Economy

Semafor Energy

Nations race to protect undersea cables

Marine cables carry more than 95% of the world’s intercontinental telecommunications data and ever more electricity.
Workers install the 2Africa undersea cable on the beach in Amanzimtoti, South AfricaRogan Ward/Reuters

Data center energy challenges mount

Unorthodox and aggressive solutions are emerging amid AI boom.
Chillers that cool water are connected to a data center building at the OpenAI data center in Abilene, TexasShelby Tauber/Reuters

Countries adapt to Iran energy shock

The Iran war has the largest supply disruption in history.
Adrees Latif/Reuters

Trump directs nearly $700M toward coal production

The president is using Cold War-era authorities to sink hundreds of millions of dollars into US-mined coal.
President Donald Trump in the Oval OfficeJonathan Ernst/Reuters

Trump’s unlikely clean power legacy

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.
Solar farm in the US.Bing Guan/Reuters

Russia’s oil exports hit wartime high

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.
A satellite image shows a Russian oil terminal in St. Petersburg.Vantor/Handout via Reuters

Google strikes first-of-its-kind deal with a virtual power plant

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

Trump plans $700 million boost for coal

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

Cuba suffering wartime-scale economic crisis

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

Why isn’t oil more expensive?

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

Trump administration rolls back climate disclosure rules

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

Companies and countries grapple with prospect of Hormuz toll

The CEO of Chevron said he will not consider paying a toll, but Qatar appeared to be more flexible.

BP’s ousted chair to challenge accusations

Albert Manifold was abruptly removed from his position atop the oil major’s board this week.

Global clean-energy trade reaches record high

New data suggest Donald Trump’s tariffs on the energy transitions sector did little to stifle clean energy trade.

Oil prices rise on fresh round of Iran-US airstrikes

But insurance rates for tankers passing the strait — the most important indicator of whether the waterway is “reopening” — haven’t budged.

Strong El Niño produces record temperatures

The hot weather arrives just as many countries are struggling with high energy prices.

BP ousts chair over conduct concerns

BP abruptly ousted Albert Manifold citing “serious” governance and conduct concerns.

Ferrari unveils new EV model

The company’s share price crashed 6% after the Luce was revealed.