Why Microsoft, Amazon, Google and Meta are betting on nuclear power

Data centers powering artificial intelligence and cloud computing are pushing energy demand and production to new limits. Global electricity use could rise as much as 75% by 2050, according to the U.S. Department of Energy, with the tech industry’s AI ambitions driving much of the surge. Data centers powering AI and cloud computing could soon … Read more

President-elect Trump says Ukraine to ‘possibly’ receive less military aid

U.S. President-elect Donald Trump attends a meeting with Britain’s Prince William (not pictured) at the residence of the British ambassador to France, on the day of the reopening ceremonies of the Notre-Dame de Paris Cathedral following the 2019 fire, in Paris, France, December 7, 2024.  Aaron Chown | Via Reuters In an exclusive interview with … Read more

OPEC+ members to delay oil production increase until April

A view shows the logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024.  Maxim Shemetov | Reuters Eight members of the OPEC+ oil producers’ alliance will postpone plans to unwind a voluntary 2.2-million-barrels-per-day output cut until April 2025, amid a lukewarm … Read more

GE Vernova plans for small nuclear plants across the developed world

GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor incorporates proven components. Courtesy: GE Verona GE Vernova is aiming to deploy small nuclear reactors across the developed world over the next decade, staking out a leadership position in a budding technology that could play a central role in meeting surging electricity demand and reducing carbon dioxide … Read more

OPEC+ postpones meeting to decide oil production strategy to Dec. 5: Sources

A view shows the logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024.  Maxim Shemetov | Reuters The OPEC+ oil alliance postponed a meeting to decide the next steps of its crude production strategy to Dec. 5, two delegate sources told … Read more