Energy Infrastructure
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EuronewsRussia Attacks Odesa Region and Black Sea Ships, Damaging Power Lines
Russian drones struck Ukraine's Odesa region and three commercial vessels early Friday. Ukrainian forces intercepted most drones, but power outages affected thousands and two crew members were injured.
citizen.co.zaRussia Strikes Naftogaz Facilities in Kharkiv and Sumy Regions
Naftogaz reported that Russian forces attacked company facilities in Ukraine's Kharkiv and Sumy regions. The company issued the statement on the incidents.
upi.comUkrainian Drone Strikes Volgograd Oil Refinery, Killing One
A Ukrainian drone attack struck Russia's Volgograd region overnight, killing one person and injuring two others. The strike set an oil refinery ablaze, with fires continuing into the morning.
manilatimes.netOlenox Shares Rise 61.79 Percent After Acquisition Closes
Olenox Industries Inc. reported the completion of its purchase of CS Digital Ventures, LLC. The $30 million transaction adds 35 MW of data-center capacity and reported 2025 revenue of $20.6 million.
rte.ieUkrainian Drone Strikes Volgograd Oil Refinery and Residential Building
A Ukrainian drone attack hit Russia's Volgograd region overnight, damaging an oil refinery and a residential building. No casualties were reported in either incident.
The IndependentOhio Ends Data Center Tax Break Over Rising Costs
Ohio has paused a sales tax exemption for new data centers after actual use far exceeded earlier estimates. The pause allows time for a legislative committee to review the program's impact.
naturalnews.comU.S. Pressed Israel to Stop Strikes on Lebanon's Qaraoun Dam
Saudi-owned daily Al-Sharq Al-Awsat reported that the United States urged Israel to halt strikes on Lebanon's Qaraoun Dam. The dam supplies about 15 percent of Lebanon's electricity.
BenzingaGoldman Sachs Report Identifies Physical Constraints on Agentic AI Expansion
A May 13 Goldman Sachs report states that agentic AI development faces limits from data center capacity, power supply, and workforce shortages rather than memory or chips. The bank estimates the U.S. would need 72 gigawatts of new power generation and hundreds of thousands of add…
prnewswire.comVirginia Advances Transmission Line Project Despite Opposition
A proposed 765-kilovolt transmission line would run 100 miles across central Virginia to serve data centers near Northern Virginia. Residents and counties along the route are raising concerns about land use, costs, and rural character.
finance.yahoo.comTarga Resources Stock Returned 614 Percent Over Five Years
An investor who bought $1,000 of Targa Resources shares five years ago would hold stock worth $7,140.09 as of May 2026. The energy infrastructure company posted an average annual return of 48.09 percent during the period.
nypost.comFlorida Town Weighs Hyperscale Data Center Proposals on Former Farmland
Indiantown, Florida, population 6,800, is reviewing multiple hyperscale data center projects on agricultural land. Florida Power & Light is considering a facility on the 5,700-acre Tesoro Groves site. Residents have raised questions about energy use, water demand, and local emplo…
Iran Seeks Alternatives to Prevent Electricity Cuts After Attacks on Power Plants
Iran’s First Vice President said the country is examining ways to avoid blackouts after damage to energy facilities. The oil minister has already urged reduced fuel use.
naturalnews.comLebanese Health Ministry Reports 3,151 Killed in Israeli Air Attacks Since March 2
The Lebanese Health Ministry stated that Israeli air strikes have killed 3,151 people and wounded 9,571 others in Lebanon since March 2. Israeli forces conducted additional strikes in southern Lebanon and issued displacement orders for multiple towns.
The IndependentUkrainian Drone Strike Ignites Fire at Russian Oil Terminal
A Ukrainian drone attack caused a fire at the Sheskharis oil terminal in Novorossiysk, injuring two people. Russian officials reported the strike and a separate attack on a dormitory that killed 11.
Abc NewsUkrainian Drone Attack Causes Fire at Russian Oil Terminal
A Ukrainian drone attack caused a fire at an oil terminal in Russia's Krasnodar region, injuring two people. Russian officials identified the Sheskharis facility as the target.
france24.comNew York Governor Seeks to Delay State Climate Emissions Targets
Governor Kathy Hochul is proposing changes to the 2019 Climate Act during budget talks. The plan would shift the 40 percent emissions cut target from 2030 to a 60 percent cut by 2040. The 85 percent reduction goal for 2050 would remain unchanged.
thehindu.comUkraine Launches Nightly Drone Strikes on Russian Oil and Gas Sites
Ukraine has conducted major drone raids on Russian targets each night this week. The strikes have targeted oil and gas installations and placed sustained pressure on Russian air defenses.
abcnews.go.comTrump Meets Xi as Taiwan Arms Package Faces Review
President Trump met with Chinese leader Xi Jinping. The meeting left the status of a $14 billion Taiwan arms package unresolved. Officials in Taipei expressed uncertainty over future U.S. support.
flipboard.comToby Neugebauer Outlines 75-Day Plan to Maximize Value at Fermi
Toby Neugebauer presented a 75-day plan to evaluate strategic options for Fermi Inc. The proposal includes electing a new board to review a potential sale or partnership alongside a standalone tenant plan.
EuronewsUkraine Reports Drone Strike on Russian Oil Refinery
Ukrainian officials stated that forces carried out a long-range drone attack on a Russian oil refinery. Russian regional authorities reported two deaths and several injuries from the strike.
France 24Venezuela Oil Infrastructure Needs Investment Despite Large Reserves
Venezuela holds the world's largest crude oil reserves. The country's oil infrastructure requires significant investment to support production and exports.
Renewable Energy Company Explores Wind and Solar Projects in Far West NSW
Tilt Renewables is assessing large-scale wind and solar developments north of Broken Hill. Local landholders have given preliminary support after early consultations.
nypost.comSoros-Funded Group Opposes Texas Data Center Projects
Open Society Foundations has given more than $7.6 million to the Indivisible Project since 2017. A local chapter organized protests in Temple against new data center construction.
Ukrainian Drone Strikes Hit Russian Oil Refinery in Tuapse
Four Ukrainian drone attacks struck an oil refinery in the Russian town of Tuapse in April and May. The strikes released oil into local waterways and contaminated air with toxins.
Kyiv Residents Restore Power After Winter Russian Strikes on Energy Sites
Kyiv and surrounding areas have restored electricity and heating services following Russian attacks on Ukrainian energy infrastructure during the winter months. The recovery has allowed residents to resume normal daily activities.
thehindu.com22 Tankers Observed at Kharg Island Anchorage
Satellite tracking showed 22 tankers anchored at Iran's Kharg Island on May 17. Six of the vessels carried no cargo.
calgaryherald.comOntario to Fast-Track 290-Kilometre Transmission Line Between Barrie and Sudbury
The province announced in February that it will accelerate approvals for a new 500-kilovolt line to be built by Hydro One. Construction is scheduled to start in 2029 with the line expected to be operational by 2032.
Zelenskyy Says Ukrainian Strikes on Russian Oil and Military Sites Are Justified
Ukrainian President Volodymyr Zelenskyy stated that strikes targeting Russia’s oil industry and military production facilities are entirely justified following a Russian attack that killed at least 24 people in Kyiv. Ukraine launched long-range drone strikes on Russian energy and…
indiatoday.intoday.inADNOC to Double Fujairah Oil Export Capacity with West-East 1 Pipeline by 2027
ADNOC is fast-tracking construction of a new pipeline that will double its export capacity through Fujairah outside the Strait of Hormuz. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan chaired a board meeting reviewing the project as the UAE, which left OPEC on May 1, 2026, seeks…
The GuardianUAE to Complete Second Oil Pipeline Bypassing Strait of Hormuz by 2027
The United Arab Emirates announced it will finish a new pipeline to the port of Fujairah by next year, doubling its overland crude export capacity to roughly 3.6 million barrels per day. The project, previously undisclosed, comes as a blockade of the Strait of Hormuz approaches i…
themarketherald.com.auCommonwealth LNG Makes Final Investment Decision on $13 Billion Louisiana Export Terminal
Developers announced the FID on May 15, 2026, alongside $9.75 billion in project financing that brings total commitments to $21.25 billion. The facility in Cameron Parish will produce 9.5 million tons of LNG per year and is scheduled to start operations in 2030. Mubadala Energy,…
cicnews.comBritish Columbia Premier Supports LNG Canada Phase 2 Expansion
British Columbia Premier David Eby said this week that he hopes LNG Canada makes a final investment decision on Phase 2 of its Kitimat facility by the end of 2026. The project, backed by Shell, Petronas, PetroChina, Mitsubishi and Kogas, is described as the largest private sector…
Israeli Minister Ben-Gvir Visits Al-Aqsa Mosque Compound, Drawing Condemnation from Qatar
Qatar's Foreign Ministry issued a sharp rebuke of Itamar Ben-Gvir's actions at the Al-Aqsa Mosque, calling them a violation of international law. Separately, Israeli forces struck a motorcycle in southern Lebanon and intercepted a suspicious aerial target as military activity int…
jpost.comIsrael Deputy Foreign Minister Visits Athens to Strengthen Ties with Greece
Israel's Deputy Minister of Foreign Affairs Sharren Haskel completed a three-day diplomatic and economic mission to Athens. She met with Greek officials, spoke at two energy conferences, and presented a report on sexual violence committed by Hamas on October 7. Haskel described b…
livemint.comUAE Constructs Metal Barriers to Protect Oil Tanks Near Dubai Airport
The United Arab Emirates has begun installing large metal enclosures around oil storage tanks near Dubai International Airport. The structures are intended to defend against one-way attack drones following repeated Iranian strikes on the country's energy infrastructure. The move…
SemaforAfrica Forward Summit in Nairobi Announces $50 Billion in Investment Pledges
Kenyan President William Ruto and French President Emmanuel Macron co-hosted the inaugural two-day Africa Forward Summit on May 12 and 13, 2026. Nigerian industrialist Aliko Dangote pledged a $16 billion to $20 billion East African oil refinery backed by Kenya, Tanzania and Ugand…
nbcnews.comTrump Administration Approves Permits for Pipeline Projects to Move Canadian Oil
The Trump administration issued cross-border permits in April for projects that would revive elements of the Keystone XL pipeline and expand capacity on the Dakota Access Pipeline system. The initiatives use existing infrastructure to transport Canadian crude to U.S. refineries.…
Al JazeeraRussia and Ukraine Exchange Strikes After Ceasefire Ends
Ukrainian officials reported at least one person killed and six injured as Russian drones struck a kindergarten and other civilian sites overnight. The strikes followed the end of a US-led truce observed from May 9 to 11. Ukraine responded with attacks on a Russian oil refinery a…
rediff.comSatellite Imagery Shows 70km Oil Slick Off Iran’s Kharg Island
Satellite imagery has revealed a 70-kilometer oil slick spreading south from Kharg Island, which handles 90 percent of Iran’s crude exports. Iran denied any involvement in dumping and attributed the spill to the U.S. military campaign. Researchers reported that such spills have b…
rferl.orgUN High Representative Christian Schmidt Announces Resignation After Five Years in Bosnia and Herzegovina
Christian Schmidt announced his resignation after five years as UN high representative, warning of threats to the multi-ethnic state established by the 1995 Dayton peace agreement. He spoke at a UN Security Council meeting in New York on Tuesday and said he will remain until a su…
rigzone.comNigeria Signs Deal With Chinese Firms to Rehabilitate Port Harcourt and Warri Refineries
Nigeria's state oil company NNPC has signed a memorandum of understanding with two Chinese firms for the completion, operation and maintenance of the Port Harcourt and Warri refineries. The agreement follows more than $25 billion spent on previous rehabilitation attempts that fai…
pymnts.comAZIO AI Secures Order From Envirotech Vehicles for Multi-Megawatt AI Data Center Expansion
AZIO AI announced an order from Envirotech Vehicles to expand modular AI data center infrastructure at a South Texas site. The order is expected to support approximately 5 megawatts of high-density compute capacity. The development follows a non-binding letter of intent signed in…
New York PostMARA Holdings to Report Q1 2026 Earnings Amid Bitcoin Price Volatility and AI Expansion
MARA Holdings is scheduled to report first quarter 2026 earnings after market close on May 11, 2026, with analysts expecting revenue of $184.21 million and EPS of -$2.34. The results follow a 25% decline in bitcoin prices during the quarter and the company's sale of 15,133 BTC.
dnaindia.comUkrainian Drones Target Oil Facilities in Russia's Leningrad Oblast
Russia's Leningrad Oblast governor declared the region a frontline area on April 15 after 243 Ukrainian drones were shot down there from January through March. Oil export terminals, refineries and other hydrocarbon infrastructure near St. Petersburg have been struck in an expansi…
winnipegfreepress.comKazakhstan Signs MoU for $1.9 Billion Data Center and Gas Power Plant Project
Kazakhstan’s Ministry of Artificial Intelligence and Digital Development signed a memorandum of understanding with a London-based consortium led by JMOT04 Ltd. for a $1.5 billion data center and a $400 million 250-Megawatt power plant. The project supports President Kassym-Jomart…
nbcnews.comNorth Dakota Supreme Court Bars Greenpeace From Dutch Lawsuit Against Energy Transfer
The North Dakota Supreme Court ruled 4-1 that Greenpeace International cannot continue most of its lawsuit in the Netherlands against Energy Transfer. The decision stems from a $345 million jury verdict against Greenpeace groups over protests against the Dakota Access Pipeline.
insurancejournal.comNo Injuries Reported After Explosion and Fire at PBF Energy Refinery in Chalmette
An explosion originated from a reformer heater at the 190,000-barrel-per-day facility on May 8, 2026, hours after it completed scheduled maintenance. No injuries were reported and fence-line monitoring showed no off-site impacts. Governor Jeff Landry said he was monitoring the si…
nationalobserver.comExplosion Shuts Down Chalmette Refinery in Louisiana
A large explosion at the 189,000-barrel-a-day Chalmette Refinery knocked the facility offline. The incident follows a Chevron refinery fire in California earlier this week. U.S. refining capacity has taken successive hits.
indiatoday.intoday.in**Oil Slick Detected Off Iran's Kharg Island in Persian Gulf**
Satellite images captured an oil slick near Kharg Island estimated in the tens of thousands of barrels. The spill has raised concerns about the condition of Iran’s oil infrastructure. Kharg Island serves as a key export terminal in the Persian Gulf.
zerohedge.comLarge Oil Slick Detected Off Iran's Kharg Island
Satellite images from May 6 to 8 show a slick covering about 45 square kilometers west of Kharg Island, Iran's primary oil export terminal. The cause remains unknown, with possibilities including a leak or other operational factors. Iranian officials condemned recent U.S. actions…
indiatoday.intoday.inSuspected Oil Spill Detected Near Iran's Kharg Island Export Terminal
Satellite images have revealed a suspected oil spill in the waters near Iran's Kharg Island, a key crude oil export hub. The spill was identified in imagery reviewed on May 8, 2026. Iranian authorities have not issued a public statement on the incident.
Los Angeles TimesFermi Fires CEO Toby Neugebauer After Failing to Sign Data Center Clients
Fermi Inc., which went public in October at a valuation above $19 billion with no revenue or customers, has terminated its top executive after months of unsuccessful efforts to secure tenants for its planned 17-gigawatt energy project in Texas.
upi.comUkraine Strikes Three Russian Fuel Facilities
Ukrainian drones hit the Yaroslavl Oil Refinery, two other major fuel-producing facilities and an oil pumping station in Russia. The attacks add pressure on Russian refinery operations that fell to multi-year lows in April. Russian authorities have not issued a detailed public re…
ksl.comUkraine's SBU Strikes Russia's Lukoil Oil Refinery in Perm for Second Day
Ukraine's SBU conducted a second consecutive strike on the Lukoil oil refinery in Perm, according to the agency. The refinery is one of Russia's major production facilities. The development follows an initial strike on the site the previous day.
japantoday.comU.S. and Japan Commit $2.1 Billion to Finance Texas GulfLink Deepwater Oil Export Terminal
The Japan-U.S. strategic investment agreement will cover the full originally announced cost of the Texas GulfLink project, which has been in development for nearly a decade. Construction is expected to begin imminently on the terminal 30 miles offshore, connected by pipeline from…
finance.yahoo.comNvidia Takes Major Stake in Italian Energy Company Iren to Expand AI Data Center Power Capacity
Nvidia is acquiring a major stake in Iren as part of its push to establish a 5-gigawatt global footprint. The investment directly supports the company's AI factory ambitions. MarketWatch reported the development on Friday.
Substrate placeholder — needs reviewUSGS Releases New 3D Underground Geologic Map of the United States
A new map and model of the deep continental structure underneath the United States was created by the U.S. Geological Survey. NPR's Ailsa Chang interviewed Paul Bedrosian about the project, which could help the electric grid avoid catastrophe. The story appeared on All Things Con…
247wallst.comPaul Tudor Jones Calls for Watermarking of AI-Generated Content
Billionaire hedge fund manager Paul Tudor Jones told CNBC the United States is late to regulating artificial intelligence and should begin watermarking content to combat deepfakes. He cited a sharp rise in support for regulation among AI experts, from 20 percent last year to 80 p…
New York PostGas Prices Rise After Iran Conflict Disrupts Oil Markets
Higher gasoline prices stemming from the Iran conflict are forcing lower-income households to drive less and allocate more of their budgets to transportation. Fast-food chains including McDonald's reported strong earnings but warned of potential pressure on future profits from re…
benzinga.comEnbridge Enters Material Agreement, Modifies Security Holder Rights
Enbridge Inc. reported entry into a material definitive agreement along with a material modification to the rights of its security holders in an 8-K filed with the SEC on May 7, 2026. The changes, which also include matters submitted to a shareholder vote, trigger updated disclos…