COP30: Countries Vow to Build a Market for Lower-Emission Natural Gas
The UK, Japan, Germany and other countries on Friday signed a declaration aimed at supporting a global market…
Caterpillar to Double Gas Turbine Capacity to Feed AI Boom
Caterpillar Inc. plans to more than double its capacity of gas turbines to tap into soaring demand for…
Texas Backs Permian Gas Power Plant With $1.1 Billion Loan as AI Demand Soars
Texas is backing a proposed Permian Basin power plant fueled by natural gas with a $1.1 billion low-interest…
Power Stocks Stumble as Investors See Cracks in AI-Fueled Rally
For most of the year, it looked like power demand from AI was insatiable, sending investors rushing into…
World Economy Latest: French Markets Recover After Week of Political Drama
French financial markets had mostly recovered from a political dustup earlier this week when Sebastien Lecornu stepped down…
Germany Risks €40 Billion Hit on Lower-Than-Usual Gas Stocks
Germany’s economy could suffer losses of as much as €40 billion ($46.4 billion) if this winter is exceptionally…