What happens when a global energy giant faces unprecedented restrictions, and one of its largest markets begins to waver under pressure? The dramatic tripling of discounts on Russian Urals crude at Indian ports paints a stark picture of a trade relationship caught in the crosshairs of geopolitics.
In a striking escalation of the Russia-Ukraine conflict, a drone attack on November 23 targeted the Shatura Power Station, a critical facility just 75 miles east of the Kremlin, disrupting heat for thousands in near-freezing conditions. This bold move has sparked intense debate over the evolving
Setting the Stage for a Power Struggle In the heart of the artificial intelligence (AI) revolution, data centers have emerged as voracious consumers of electricity, driving unprecedented demand on power grids worldwide. With AI workloads requiring immense computational power, regional transmission
In a startling wave of criminal activity, eastern North Carolina has become a hotspot for thieves targeting the region's power grid, driven by the lucrative market for copper and other valuable materials, with reports of utility infrastructure being stripped bare raising alarms among local
Unpacking a Pivotal Energy Conflict in Central Europe In the heart of Central Europe, a critical market disruption is unfolding as Hungary's leading oil company, MOL, alongside its Slovak subsidiary Slovnaft, clashes with Croatia's pipeline operator, JANAF, over the transportation of non-Russian
In a staggering revelation that underscores the hidden costs of digital innovation, Malaysia’s national utility company, Tenaga Nasional Bhd (TNB), has reported losses surpassing $1.1 billion due to electricity theft linked to cryptocurrency mining operations over recent years. This financial
