Booming AI demand threatens global electricity supply: Tech chiefs warn that power-hungry data centres are a bottleneck in developing artificial intelligence
ft.com/content/b7570359-f809-49ce-8cd5-9166d36a057b
Quick Glance: Growing Demand for AI Threatens Global Power Supply
- Tech experts concerned about crucial role of energy supply in AI development.
- The increasing need for electricity poses a challenge for advancements in artificial intelligence.
- Global data centers are expected to require more capacity by 2030 than currently available.
- Concerns about environmental impact of technology boom heightened by data centers' energy consumption.
Thames Water Delays Business Plan Update Scheduled for Friday: Thames Water Utilities Ltd has postponed an update to its business plan originally scheduled for ...
bloomberg.com/news/articles/2024-04-18/thames-water-delays-business-plan-update-scheduled-for-friday
China’s Solar Surge Is Making a Missing Power Data Problem Worse: The boom in renewable energy installations in China is exacerbating a problem measuring power ...
bloomberg.com/news/articles/2024-04-18/china-s-solar-surge-is-making-a-missing-power-data-problem-worse
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Petrobras’ Prates Aligns Himself With Lula to Boost Shipbuilding: Brazil’s state-controlled oil producer Petrobras is getting behind President Luiz Inacio Lula ...
bloomberg.com/news/articles/2024-04-18/petrobras-prates-aligns-himself-with-lula-to-boost-shipbuilding
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Brazil's plans to drill for oil in the Amazon hit stiff Indigenous resistance: State-run energy firm Petrobras has hit growing resistance from Indigenous groups ...
reuters.com/world/americas/brazils-plans-drill-oil-amazon-hit-stiff-indigenous-resistance-2024-04-18/
Quick Glance: Brazil's Struggle Over Amazon Oil Drilling
- Petrobras faces resistance from Indigenous groups and government agencies in its key exploration project to open Brazil's northern coast to oil drilling.
- The denial of a drilling license in the Foz do Amazonas area due to potential impacts on Indigenous groups has led to organized opposition and a decision expected in 2024.
- The conflict highlights a rift in Lula's government, balancing Amazon protection with oil interests, and the potential for a significant oil discovery in Amapa state.
- Indigenous leaders demand consultation before drilling, amid concerns over environmental impact and the influx of migrant workers to Oiapoque.
Slow clean power generation growth hits Texas power sector: Maguire: Drops in power generation from wind farms, hydro dams and nuclear reactors has forced the ...
reuters.com/sustainability/climate-energy/slow-clean-power-generation-growth-hits-texas-power-sector-maguire-2024-04-17/
Higher interest rates pose risk to renewable sector, hurting energy transition, say analysts
reuters.com/sustainability/climate-energy/higher-interest-rates-pose-risk-renewable-sector-hurting-energy-transition-say-2024-04-18/
FY25 will be a transformative year for Vedanta on many fronts: Anil Agarwal: Mining tycoon Anil Agarwal has said the current financial year that started on April ...
business-standard.com/companies/news/fy25-will-be-a-transformative-year-for-vedanta-on-many-fronts-anil-agarwal-124041700459_1.html
How did customer service get so bad?: The collapse of standards is costing companies a fortune and the rest of us our sanity
ft.com/content/0a5d30ed-164f-4b9f-a049-fc9692219f79
BP cuts size of executive team, names new head of gas & low carbon energy: British energy giant BP said on Thursday it would reduce the size of its executive ...
reuters.com/business/energy/bp-cuts-size-executive-team-names-new-head-gas-low-carbon-energy-2024-04-18/
Mexico's Pemex to hand over natural gas project to business magnate, El Heraldo columnist says
reuters.com/business/energy/mexicos-pemex-hand-over-natural-gas-project-business-magnate-el-heraldo-2024-04-18/
TotalEnergies investors call for split of CEO and chair roles: A group of TotalEnergies investors is calling for the French oil and gas major to split the roles ...
reuters.com/business/energy/investors-ask-totalenergies-split-ceo-board-chair-roles-ahead-may-agm-2024-04-18/
Nigeria strikes deal with Shell to supply $3.8 bln methanol project: Nigeria has struck a deal for Shell to supply gas to its proposed $3.8 billion Brass ...
reuters.com/business/energy/nigeria-strikes-deal-with-shell-supply-38-bln-methanol-project-2024-04-18/
Venezuela oil sector hit by loss of its widest US license: Venezuela's loss of a key U.S. license that allowed it to export oil to markets around the world and ...
reuters.com/markets/commodities/venezuela-oil-sector-hit-by-loss-its-widest-us-license-2024-04-18/
Ecopetrol and Petrobras should collaborate on green hydrogen, Colombian president says
reuters.com/sustainability/climate-energy/ecopetrol-petrobras-should-collaborate-green-hydrogen-colombian-president-says-2024-04-17/
Nuclear power in Japan: The world's largest nuclear power plant is being reactivated
heise.de/news/Atomkraft-in-Japan-Groesstes-AKW-der-Welt-wird-reaktiviert-9688727.html
Airbus, Rolls-Royce Close to $20 Billion Turkish Airlines Parts Deal: Turkish Airlines is set to sign an agreement with Rolls-Royce Holdings Plc and Airbus SE ...
bloomberg.com/news/articles/2024-04-17/airbus-rolls-royce-close-to-20-billion-turkish-airlines-parts-deal
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Indian shares extend fall as volatility rises before key earnings, general elections
reuters.com/world/india/indian-shares-set-muted-open-worries-about-us-rate-middle-east-linger-2024-04-18/
Shell says doing more to rein in global warming is 'unrealistic': It's telling shareholders to vote down a proposal that it bolster its efforts to fight climate ...
qz.com/shell-climate-change-resolution-1851417483
The World Economic Forum's Special Meeting on Global Collaboration, Growth and Energy for Development will take place 28-29 April 2024 ... Show more #SpecialMeeting24 www.weforum.org/events/special-meeting-on-global-collaboration-growth-and-energy-for-development-2024/
VST Ind rallies 10% in 4 days as Radhakishan Damani buys 1.5% stake: HDFC Mutual Fund offloaded 330,811 shares, representing 2.1 per cent stake ...
business-standard.com/markets/news/vst-ind-rallies-10-in-4-days-as-radhakishan-damani-buys-1-5-stake-124041800176_1.html
Holtec files lawsuit against New York's radioactive materials discharge law: Holtec International, which is in charge of decommissioning the Indian Point nuclear ...
reuters.com/legal/holtec-files-lawsuit-against-new-yorks-radioactive-materials-discharge-law-2024-04-18/
Petrobras board not to discuss extra dividends at Friday meeting, sources say: The board of directors of Brazilian state-run oil company Petrobras is scheduled ...
reuters.com/business/energy/petrobras-board-not-discuss-extra-dividends-friday-meeting-sources-say-2024-04-17/
U.S. reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades
pbs.org/newshour/world/u-s-reimposes-oil-sanctions-on-venezuela-as-hopes-for-a-fair-presidential-election-fades
Quick Glance: US to Reinstate Sanctions on Venezuela’s Oil and Gas Sector
- The United States will reimpose sanctions on Venezuela’s oil and gas sector due to the Maduro government's failure to allow 'an inclusive and competitive election' to take place.
- The US government decided not to renew the temporary authorization (General License 44) that allowed transactions with Venezuela's national oil and gas sector without fear of sanctions, citing the Maduro government's failure to uphold key areas of the 'Barbados Agreement.'
- While the impact of revoking the authorization could not be quantified, another authorization from 2022 allowing the oil company Chevron to resume limited resource extraction operations in Venezuela will remain in place.
- Despite reinstating sanctions, a US official emphasized that this should not be seen as a final decision on Venezuela's electoral capabilities, and efforts to support a better future for the country will continue.
🇬🇦 In #Gabon , five workers died in a #fire on an oil rig run by the Anglo-French company #Perenco on March 20, 2024.
Workers and union representatives told The ... Show more #security #subcontracting #exploitation #environmental
Pemex chief rejects criticisms of debt-laden oil group: CEO hits back at rating agencies and investors for calling the Mexican state company a ‘bottomless ...
ft.com/content/708cf2d4-2dab-4750-8a0e-9ee0714a2718
How luxury motoring brands are charging into the world of electric vehicles : From Rolls-Royce to Ferrari, leaders in the automotive field are making the switch ...
thenationalnews.com/lifestyle/motoring/2024/04/18/electric-vehicles-sustainability-premium-automotive-brands/
Canada to give loan guarantees to Indigenous groups for energy projects: OTTAWA, April 16 (Reuters) - Canada will provide up toC$5 billion ($3 ...
reuters.com/world/americas/canada-give-loan-guarantees-indigenous-groups-energy-projects-2024-04-16/
Abu Dhabi's TAQA confirms Naturgy shareholder talks as considers takeover bid
reuters.com/markets/deals/abu-dhabis-taqa-confirms-talks-with-spains-naturgy-shareholders-2024-04-17/
Rubis inks deal to operate National Oil in rescue plan: Rubis is set to become the strategic investor in National Oil Corporation of Kenya (NOC Kenya).
nation.africa/kenya/business/rubis-inks-deal-to-operate-national-oil-in-rescue-plan--4594166
Bendigo mine study reveals possible $4.4b in gold: The company behind a mine labelled "the most significant single gold discovery in New Zealand in four ...
odt.co.nz/regions/central-otago/bendigo-mine-study-reveals-possible-44b-gold
Heat pumps can replace traditional water heaters: Tax credits are available for swapping out heaters powered by fossil fuels.
startribune.com/electric-heat-pump-water-heater/600359056/
Canada unions brace for 2025 labor crunch in oil sands maintenance season: Annual maintenance on Canada's oil sands plants is forecast to cause no more ...
reuters.com/markets/commodities/canada-unions-brace-2025-labor-crunch-oil-sands-maintenance-season-2024-04-16/
EnBW: Change to the tariff model for the e-mobility offer: EnBW has announced new prices and a change to the tariff model. Customers can still use the EnBW ...
stadt-bremerhaven.de/enbw-aenderung-des-tarifmodells-beim-e-mobilitaetsangebot/
Natural gas needed in California's clean energy transition, Edison International CEO says
reut.rs/3vV7GMW
PDO names first Omani managing director: MUSCAT: The Board of Directors of Petroleum Development Oman (PDO), the largest oil and gas producer in the Sultanate of ...
omanobserver.om/article/1152372/business/energy/pdo-names-first-omani-managing-director
Canada to give Indigenous groups loan guarantees for resource projects: Canada will provide up to C$5 billion ($3.6 billion) in loan guarantees to help ...
reuters.com/world/americas/canada-give-indigenous-groups-loan-guarantees-resource-projects-2024-04-16/
BP starts oil production at new offshore platform in Azerbaijan: BP has started oil production at a new Azeri Central East (ACE) offshore platform in the Caspian ...
reuters.com/markets/commodities/bp-starts-oil-production-new-offshore-platform-azerbaijan-2024-04-16/
Chilly relationship with the SPD: Schröder didn't miss anyone at his 80th birthday party
spiegel.de/politik/deutschland/gerhard-schroeder-altbundeskanzler-hat-auf-80-geburtstag-niemanden-vermisst-a-489f48d0-6588-4dbd-a408-1841087b14dc
Scottish Power to Pay £1.5 Million for Overcharging Customers: One of Britain’s largest energy suppliers was slapped with a £1.5 million ($1 ...
bloomberg.com/news/articles/2024-04-16/scottish-power-to-pay-1-5-million-for-overcharging-customers
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Bombs and viruses: The shadowy history of Israel’s attacks on Iranian soil: From cyberattacks and assassinations to drone strikes, Israel-linked plots have ...
aljazeera.com/news/2024/4/15/bombs-and-viruses-the-shadowy-history-of-israels-attacks-on-iranian-soil
Hilton, State put up Sh2bn stake in city hotel for sale: Interested investors are obligated to buy out the shareholding of both entities.
nation.africa/kenya/business/-hilton-state-put-up-sh2bn-stake-in-city-hotel-for-sale-4592758
$10 million solar panel plant announced for north Alabama, to create 70 jobs: OMCO is leasing Building 100 in the Huntsville West Industrial Park at 7620 ...
al.com/business/2024/04/10-million-solar-panel-plant-announced-for-north-alabama-to-create-70-jobs.html
Wawa is giving customers free coffee in honor of its 60th anniversary: What to know
usatoday.com/story/money/food/2024/04/16/wawa-free-coffee-60th-anniversary/73338514007/
Ex-Marine sentenced to 9 years in prison for firebombing California Planned Parenthood clinic
usatoday.com/story/news/nation/2024/04/16/marine-firebomb-planned-parenthood-clinic-sentencing/73337531007/
Quick Glance: Former Marine sentenced to 9 years in prison for firebombing California Planned Parenthood clinic
- A former marine was sentenced to nine years in prison by the Justice Department on Monday after using a Molotov cocktail to attack a Planned Parenthood clinic in Costa Mesa, California. Chance Brannon, along with his co-defendant Tibet Ergul, plotted attacks on the clinic and a potential target on the power grid in 'furtherance of a race war.'
- Brannon, 24, pleaded guilty in November 2023 to being involved in a conspiracy, malicious destruction of property by fire and explosives, possession of an unregistered destructive device, and intentionally damaging a reproductive health services facility in violation of the Freedom of Access to Clinic Entrances (FACE) Act.
- Planned Parenthood clinic attacks were abandoned due to law enforcement actions. Brannon was motivated by neo-Nazi ideology and planned further violent attacks. The National Abortion Federation reported a sharp increase in violence at abortion clinics in 2022.
- Brannon and Ergul also had plans to conduct an attack using a remote-detonated device during an LGBTQ+ pride event at Dodger Stadium, but were arrested two days prior. Before the arrest, Brannon even planned to rob Jewish individuals living in the Hollywood Hills.
ClearBridge Large Cap Growth ESG Strategy Q1 2024 Portfolio Manager Commentary: The Strategy outperformed due to a combination of active management of our mega ...
seekingalpha.com/article/4684443-clearbridge-large-cap-growth-esg-strategy-q1-2024-portfolio-manager-commentary
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Quick Glance: Tech Giants Compete in Japan for AI Development
- US tech firm OpenAI establishes first Asia office in Tokyo.
- The company plans to develop a new generative AI model specializing in Japanese language and culture.
- Microsoft invests $2.9 billion in the AI industry in Japan.
- Japanese companies prioritize versatile AI systems and launch AI safety research centers.
Gas production project off Borkum: Court confirms construction stop: The planned natural gas production off the North Sea islands of Borkum and Schiermonnikoog ...
waz-online.de/der-norden/gasfoerderprojekt-vor-borkum-gericht-bestaetigt-baustopp-TMYLSDVWVFDARNBY6CZ3IIKTFE.html
Data centers need lots of electricity. Why consumers may get the bill.: New data centers will require billions of dollars in infrastructure upgrades ...
businessinsider.com/data-centers-electricity-consumers-discounts-utilities-2024-4
Trader Joe’s recalls herbs over salmonella outbreak: The basil was sold at stores in many states, including Pennsylvania.
pennlive.com/nation-world/2024/04/trader-joes-recalls-herbs-over-salmonella-outbreak.html
Review: Sibling pop band AJR put on a fun show in St. Paul, but not a good concert
startribune.com/review-sibling-pop-band-ajr-put-on-a-fun-show-in-st-paul-but-a-not-a-good-concert/600359732/
M6.6 quake in western Japan leaves at least 9 injured: At least nine people were injured late Wednesday after an earthquake with a magnitude of 6 ...
japantoday.com/category/national/m6.6-quake-in-western-japan-leaves-at-least-9-injured
Exelon CEO Says AI-Driven Power Demand Is Set to Jump 900% in Chicago Area: Artificial intelligence is poised to help drive a 900% jump in power demand from data ...
bloomberg.com/news/articles/2024-04-18/ai-driven-power-demand-is-set-to-jump-900-in-chicago-area-exelon-ceo-says
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The Edi Rama government has hyped the prospect of a big oil discovery beneath Albania's Mount Shpirag, but the discovery has yet to materialize ... Show more balkaninsight.com/2024/04/18/shell-dashes-albanians-hopes-of-major-oil-find/
VinFast: Just Keep Selling: Despite a significant drop in share price, VinFast is still overvalued compared to its closest industry peers ...
seekingalpha.com/article/4684423-vinfast-just-keep-selling
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Singer, designer and mother of all players' wives: The life of Victoria Beckham in pictures
stern.de/lifestyle/leute/victoria-beckham-wird-50--ihr-leben-und-ihre-karriere-in-bildern-34611198.html
3 Negros Occidental cities brace for 12-hour power outage this weekend: The scheduled power interruption will affect the Negros Occidental cities of Bacolod ...
rappler.com/nation/negros-occidental-cities-brace-half-day-weekend-power-outage/
Worker's death in S.F. trench collapse leads to OSHA fine against firm: D'Arcy & Harty Construction Inc. has been fined $371,100 for its failure to protect its ...
sfchronicle.com/sf/article/worker-s-death-s-f-trench-collapse-leads-osha-19411003.php
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Samsung Fell Behind on Chips. Now It’s Fighting Back.: Korean electronics giant Samsung has struggled against Taiwan Semiconductor and SK Hynix ...
barrons.com/articles/samsung-stock-price-nvidia-taiwan-semi-chips-3a5e69ea
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Quick Glance: Samsung Executives: New Work Schedule and Economic Challenges
- Samsung Group is introducing a six-day workweek for executives in response to economic challenges and disappointing results in 2023.
- The sudden change aims to create a sense of urgency and promote efforts to overcome the situation. The new work schedule takes effect immediately in most of Samsung's technology divisions.
- The work culture in South Korea is renowned for its intensity. In 2022, the average worker spent 1,901 hours at work.
- Recent data shows that Samsung has regained the top position in global smartphone shipments. First-quarter 2024 results are expected on April 30.
Back to blue: Lake Harriet Band Shell renovation almost finished: The Minneapolis monument is back to its familiar color after residents petitioned to restore ...
startribune.com/back-to-blue-lake-harriet-band-shell-renovation-almost-finished/600360031/
Sabesp Jumps As Sao Paulo Seeks Bidders for Privatization: Shares in Sabesp jumped, after Sao Paulo government unveiled a plan to kick off the company’s ...
bloomberg.com/news/articles/2024-04-17/brazil-water-utility-sabesp-readies-privatization-model
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Mukesh Ambani: This is how the richest man in Asia ticks: Mukesh Ambani owes his rise to India's Prime Minister Modi. Before his re-election ...
faz.net/aktuell/wirtschaft/mukesh-ambani-so-tickt-der-reichste-mann-asiens-19649580.html
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Bus timetable in Wiesbaden: So many bus journeys are canceled: The association “Wiesbaden neu moving” has calculated what the new timetable reductions at Eswe ...
wiesbadener-kurier.de/lokales/wiesbaden/stadt-wiesbaden/so-viele-busfahrten-fallen-in-wiesbaden-weg-3495072
The Letta report: What’s in the box for Europe's energy sector: Former Italian Prime Minister Enrico Letta is set to present his report on the future of Europe’s ...
euractiv.com/section/electricity/news/the-letta-report-whats-in-the-box-for-europes-energy-sector/
Argentina Advances Global Defense Ties with NATO: On a brisk day in April 2024, a pivotal moment unfolded at NATO headquarters as Argentine Defense Minister Luis ...
riotimesonline.com/argentina-advances-global-defense-ties-with-nato/
UNC: Government heartless for spending $500,000 on refinery - Trinidad and Tobago Newsday
newsday.co.tt/2024/04/18/unc-government-heartless-for-spending-500000-on-refinery/
Congressional Progressives Unveil 'Bold' Agenda for Second Biden Term: The Congressional Progressive Caucus says its legislative blueprint for 2025 and beyond ...
commondreams.org/news/congressional-progressive-caucus-2667809236
'A special moment in our history': Mohawk Council of Kahnawake inks deal with Hydro-Québec
montrealgazette.com/news/local-news/mohawk-council-inks-deal-with-hydro-quebec-on-electricity-transmission-line-to-new-york
Shirtless man caught on camera stealing from Albemarle gas station: The man was recorded leaving the Ivy Road Shell station carrying a cash register till and a ...
dailyprogress.com/news/local/crime-courts/shirtless-man-caught-on-camera-stealing-from-albemarle-gas-station/article_b1fc6b78-fdbb-11ee-8d73-07395ffaa5c9.html
Foreign Ministry: Renewed US sanction does not affect Dragon deal - Trinidad and Tobago Newsday
newsday.co.tt/2024/04/18/foreign-ministry-renewed-us-sanction-does-not-affect-dragon-deal/
The ball will roll! ⚽
This Saturday (20), Vozão faces Goiás at Arena Vozão in the 1st round of the Brazilian Championship ... Show more #CearáSC #TodoMundoJogaJunto
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