Applied Computing, a London-based startup that is building a basic AI model for the oil, gas and petrochemical industry, has raised a $20 million Series A led by engineering giant KBR, with participation from Databricks Ventures. Founded in 2023, the startup targets oil, gas, refining and petrochemical systems, where a single facility can have thousands
Google said it has made its largest purchase of solar power and battery storage to date. The first two phases of the project, located in Arkansas, will generate enough electricity to supply about 6% of the state’s peak demand, the company said earlier this week. Electricity from the project will flow directly to the grid,
HARRISBURG, Pa. — As explosive energy demand from artificial intelligence spurs a fossil fuel renaissance, renewable energy allies are trying to ensure huge data centers are also powered by climate-friendly sources. Lawmakers in states with stricter climate policies don’t want data centers to hinder their goal of reducing planet-warming greenhouse gas emissions. In other states,
Three startups are providing the fireworks for the Department of Energy’s Fourth of July celebrations as it meets a major nuclear milestone. They have fired up new reactors as part of a pilot program aimed at boosting what Energy Secretary Chris Wright calls “America’s nuclear renaissance” to develop and deploy the next generation of atomic
Since March, war in the Middle East has disrupted global fertilizer markets. Urea prices jumped by nearly 46% in a month, as geopolitical and energy shocks hit nitrogen supply chains1. The disruptions caused by blocked maritime bottlenecks, including the Strait of Hormuz, limiting tanker movements and flows of oil and liquefied natural gas, underscore the
Fuel prices surged after the Trump administration launched strikes against Iran on Saturday, immediately raising questions about whether the war would increase energy costs for Americans, put more pressure on power grids, and push companies to pump out more oil and gas in the US. If conflict drags on, that could potentially play into Donald