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Siemens Energy CFO Sees Data Center Demand Into Next Decade
Siemens Energy CFO Maria Ferraro expects robust demand from AI-driven data centers to persist well into the next decade, boosting the company's grid technology and power equipment orders.
Uniper Trading Arm Returns to Profit as Gas Business Improves
Uniper's Greener Commodities trading unit posted a €66 million adjusted Ebitda in Q1, reversing a €492 million loss a year earlier, as gas supply disruptions eased.
ExxonMobil Q1 Earnings: 5 Key Analyst Questions on Permian, Guyana Output
ExxonMobil's Q1 earnings call focused on how Permian and Guyana production offset Middle East disruptions and weather events, with analysts probing operational resilience and strategic investments.
Petrobras Misses Profit Estimates Despite War-Driven Oil Rally
Petrobras missed profit estimates as it held domestic gasoline prices steady during the war-driven oil rally, highlighting the tension between state control and market pricing in Brazil's fuel sector.
Nigeria Turns to Chinese Firms After $25B Refinery Overhaul Failures
Nigeria's NNPC signs a deal with Chinese firms to complete and operate the Port Harcourt and Warri refineries after spending $25 billion on failed overhauls.
Gold Steady as Traders Track Hormuz Stalemate, Inflation Risks
Gold prices held steady as traders weighed the impact of the Strait of Hormuz deadlock, which has pushed oil higher and stoked inflation fears, supporting safe-haven demand.
US Releases 53.3 Million Barrels from SPR to Tame Oil Prices
The US Strategic Petroleum Reserve awarded 53.3 million barrels to companies including Trafigura and Marathon Petroleum, intensifying efforts to curb rising oil prices amid the Iran conflict.
Oil Holds Gain as Trump Casts Doubt Over Ceasefire With Iran
Oil prices held gains after President Trump rejected Iran's latest peace offer, raising doubts about the ceasefire and prolonging risks to shipping through the Strait of Hormuz.
SMRs Lose on Economics, Not Technology, as OPEC Output Hits 26-Year Low
Small modular reactors face economic hurdles, not technological ones, as OPEC oil output drops to a 26-year low amid Iran tensions, reshaping energy supply dynamics.
Innio, Advent-Backed Power Equipment Maker, Files for US IPO
Gas engine manufacturer Innio Holding GmbH filed for a US IPO, joining a wave of industrial companies capitalizing on surging data center power demand.
Low-Cost Airlines Ripe for Mergers on Fuel Cost Squeeze, Deutsche Bank Says
Deutsche Bank says low-cost airlines are ripe for mergers as the oil price spike squeezes margins, potentially reshaping the US airline industry.
IEA Review: Portugal Energy Poverty Above EU Average Despite Renewable Boom
The IEA's 2026 review of Portugal's energy policy praises the renewable power sector but warns that energy poverty remains above the EU average, urging faster action on buildings, transport, and grid infrastructure.
India Rejects Russian LNG Cargo Under US Sanctions
India has officially declined Russia's offer to sell LNG from US-sanctioned projects, marking a key policy stance that could reshape global LNG trade flows.
BP, Shell, TotalEnergies pocket billions in war-driven trading windfall
BP, Shell and TotalEnergies likely earned $3.3-4.75 billion more in Q1 2026 from trading amid war-driven volatility, highlighting how oil majors profit from geopolitical turmoil.
Europe Renewable-Plus-Battery Capacity to Quintuple by 2030
Europe's co-located renewable-plus-battery capacity is set to surge from 6 GW in 2025 to 35 GW by 2030, with Germany, Great Britain, and Bulgaria leading as top investment markets.
Dow Jones and Oil Rise as Intel, Lumentum, Moderna, Micron Jump
US stocks and oil prices rose on Monday, driven by gains in Intel, Lumentum, Moderna, and Micron, reflecting broad market optimism.
Why Bernie Sanders Is Wrong About Gas Prices and Oil Markets
Bernie Sanders claims oil companies are ripping off consumers because gasoline prices haven't fallen with oil, but refining margins and other factors explain the disconnect.
Woodside Browse LNG Project Cost Balloons to $35 Billion
Woodside Energy's Browse LNG project in Australia is now estimated to cost $35 billion, up from $20 billion in 2019, driven by CCS requirements and regulatory delays.
Aramco CEO warns oil market won't normalize in 2026 without Iran deal within weeks
Aramco's CEO stated that the oil market cannot return to normal this year unless the Iran conflict is resolved within weeks, as futures have surged 47% in 2026.
Fervo Energy Lifts IPO Target to $1.8 Billion, Backed by Bill Gates
Geothermal developer Fervo Energy, backed by Bill Gates, raises its US IPO target to as much as $1.82 billion, signaling strong investor appetite for clean energy plays.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.