KYIV—It was the middle of January when the cold and lack of electricity forced Olha Kosova and her baby to flee their Kyiv apartment to her parents’ place in the suburbs. Rescuers work at a residential building after Russian strikes in Kyiv. Now, spring is here, the electricity is working and Kosova and 1-year-old Lisa…
Researchers from Carnegie Mellon University warned that the rapid expansion of AI infrastructure, electrification, and grid modernization is creating long-term security and supply chain risks tied to dependence on Chinese-controlled energy and electronics technologies. In the paper ‘Electrotech Moneyball,’ published through the Carnegie Mellon Institute for Strategy and Technology (CMIST), researchers argued that the ‘electrotech…
The Valero Houston refinery. Valero Energy Corp. and Turkiye Petrol Rafinerileri AS have seen stellar rises, while Orlen SA gained more than 100% year-to-date. (Bloomberg) — It’s a great time to be an oil refiner — but a less great time to be filling up at the pump. Most Read from Bloomberg In Europe, the…
Oil prices climbed in early Asian trade on Friday as markets responded to renewed attacks by Ukraine against energy infrastructure in Russia. A Ukrainian drone attack on the Russian Black Sea port of Novorossiysk, one of the country’s most important oil export hubs, triggered renewed fears of supply disruptions in what has been a very…
Russian drones attacked the Ukrainian capital for the second night, injuring four people, officials said early on Thursday. People walk past residential buildings damaged during a Russian drone and missile strike, amid Russia’s attack on Ukraine, in Kyiv, October 22, 2025.(Reuters) Tymur Tkachenko, head of Kyiv’s military administration, said drones had damaged several dwellings and…
Russia launched multiple drone and missile strikes on Ukraine as the latest peace attempts by US President Donald Trump appeared to be floundering. An explosion of a drone is seen in the sky over the city during a Russian missile and drone strike, amid Russia’s attack on Ukraine on October 22, 2025. (REUTERS) The attack…
Intense Russian strikes Sunday on Ukraine killed five people in the southern Zaporizhzhia region and Lviv in the west and badly damaged energy infrastructure, severing power supplies to tens of thousands. Russia has stepped up attacks on Ukraine’s energy infrastructure as the weather chills. “This Sunday night, Russia launched yet another barrage of missiles and…
(Reuters) -Oil prices edged up on Friday, on track to rise at their steepest rate since early June as Ukraine’s attacks on Russia’s energy infrastructure push Moscow to restrict fuel exports and close to cutting crude output. Brent futures climbed 15 cents, or 0.2%, to $69.57 a barrel by 0100 GMT, while U.S. West Texas…
Russian President Vladimir Putin’s special envoy Kirill A. Dmitriev has criticised legacy media outlets for accusing Moscow of destroying its own Nord Stream pipelines and termed those allegations an “absurd claim.” His remarks come just days after Italian authorities detained a Ukrainian national linked to the 2022 blasts. The United States and Europe denounced the…
KYIV (Reuters) -Ukraine’s military struck the Unecha oil pumping station in Russia’s Bryansk region, the commander of Ukraine’s unmanned systems forces, Robert Brovdi, said late on Thursday. Brovdi posted a video on Telegram messenger showing a large fire at a facility with numerous fuel tanks. Reuters could not confirm the location of the infrastructure in…