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Eni Seals Billion-Dollar Fusion Energy Deal with U.S. Partner

U.S. Commonwealth Fusion Systems (CFS), which is developing fusion energy, has signed a more than $1-billion power purchase agreement with Italy’s energy major Eni as the two companies continue to partner to bring fusion power to commercial use. Nuclear fusion has long been considered the answer to zero-emission by-product-free energy …

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Global Nuclear Generation Set for a Slowdown

Global nuclear power generation is on course to decline after a record-breaking 2024 on insufficient investment and aging power plants, the World Nuclear Industry Status Report has warned. Ahead of the official release of the report, later today, Reuters wrote that, in addition to already announced new nuclear projects, 44 …

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Natural Gas is America’s Secret Weapon in the AI Power Race

Top natural gas producers and pipeline operators expect the industry and various U.S. states to accelerate approval and development of natural gas infrastructure in the new normal American electricity market of rising demand and consumer bills. American ratepayers have seen electricity prices rising at a faster pace than U.S. inflation …

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Exxon is Shaking up the EV Battery Market

Sales of electric vehicles are growing strongly despite a certain unevenness in this growth across the globe. But overall, this growth is not strong enough to give battery researchers a break—work is still underway for batteries that are more reliable, faster to charge, and longer-living. In that, the EV industry …

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Is Russia Weaponizing Natural Gas against Armenia?

For the third time in as many months, the Russian natural gas supplier Gazprom is turning off the tap to Armenia, claiming a need to repair infrastructure. Some observers believe the Kremlin is instigating the repeated cut-offs as a means of pressuring Yerevan to moderate its geopolitical turn away from …

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