Plug Power will unlock $275 Million in data center power market
Plug Power said it expects to generate over $275 million through monetizing assets and releasing restricted funds, while reducing maintenance costs. The hydrogen fuel cell manufacturer is shifting its focus to high-return opportunities, and the rapidly growing data center market. The shares of the company rose over 10% during premarket trading. The company signed an non-binding letter to intent to monetize their electricity rights in New York, as well as another U.S. city.
Australian shares increase as resources improve, ANZ rebounds
Australian shares rose on Monday. Resources stocks gained due to higher underlying prices, and the lender ANZ Group recovered from its early losses despite reporting a decline in annual cash profits. As of 2321 GMT, the S&P/ASX 200 was up 0.3% to 8,799.50. The benchmark index ended Friday 0.7% lower. Andrew Hauser, Deputy Governor of the Reserve Bank of Australia, said that the country's monetary policies are facing an unusually difficult challenge.
Sponsored: Record Deals and Record Attendance Underscore ADIPEC’s Global Impact
Record-breaking 239,709 attendees from 172 countries gathered at ADIPEC 2025, reaffirming UAE’s convening power and its role as a global hub for energy, partnerships and innovation. ADIPEC 2025 generated an estimated US$400 million in economic benefits for Abu Dhabi’s economy, particularly across the hospitality, tourism and transport sectors. Expanded AI Zone and dedicated industry areas showcased the role of AI, digitalisation, decarbonisation, chemicals and low-carbon solutions in advancing energy resilience.
Sponsored: Energy and Finance Chiefs Call for Sound Policy, Stable Frameworks at ADIPEC
Global finance leaders discuss the new era of energy investment defined by pragmatism, diversification and strategic capital allocation Industry leaders urge fundamentals-based planning amid global volatility, with stable, sound and clear policy frameworks identified as key investment landscape criteria Liquefied natural gas, methane and carbon reduction innovations and emerging markets identified as key investment frontiers Organisations whose speakers shared finance insights at ADIPEC 2025 included Moeve…
Sponsored: Energy Sector Urged to Scale AI Adoption at ADIPEC
Day two's theme 'The Technology Leap: Redefining Energy Leadership' underscored how strategic AI adoption and digital innovation are reshaping energy leadership, with industry voices calling for coordinated investment to unlock transformation at speed and scale Experts debated AI’s role in boosting efficiency, enhancing resilience and unlocking investment while addressing the balance between AI’s potential and its impact on energy demand Key speakers included Jack Hidary CEO, SandboxAQ; Dr.
UK stock prices set to drop by a week's end as earnings-driven losses weigh
UK stocks fell on Friday with IAG as the main drag. They were also set to record losses for a week that was packed with earnings, as well as a Bank of England rate decision. As of 1125 GMT the blue-chip FTSE 100 fell 0.8%, while midcaps lost 0.5%. IAG, the British Airways-owned company that owns travel and leisure stocks, fell 8.4%. Rightmove, Britain's largest property portal, warned that profit growth would be slower next year. The real estate industry as a whole lost 1.20%. Heavyweight banks shed 0.7%.
Greece signs long-term LNG supply agreement with US
Greece signed a 20-year deal to import 0.7 bcm of liquefied gas each year, starting in 2030. This is its first long term gas supply agreement with the United States. The deal aims to replace Russian gas shipments into Europe. The 20-year agreement comes just months after Trump's administration and the European Union inked a trade agreement in July. Europe pledged to purchase $250 billion of U.S. oil, LNG, and nuclear technology annually over the next three-year period as it sought to phase out Russian natural gas by 2027.
German Lower House passes law allowing underground carbon storage
The lower house of the German Bundestag parliament has cleared the way for underground carbon storage. It passed a law on Thursday that identifies CO2 storage and pipelines to be of "overriding interest" in order to accelerate planning and approval. This measure aims to assist Germany in achieving climate neutrality by the year 2045. It does this by enabling capture and storage for emissions that are difficult to reduce, such as those from cement production, lime production and waste incineration.
Trump adds copper and metallurgical coke to the US list of critical minerals
The Trump administration released a list of essential minerals on Thursday, including copper, which plays a vital role in electric vehicles, power grids and data centers. It also includes metallurgical coke, which can be used to produce coke. The list of minerals maintained by the Interior Department guides federal investment and permits decisions, and shapes government's overall mineral strategy. The administration has expanded the list in an effort to boost domestic mining…
Sponsored: Policy, AI, and Capital Take Center Stage at ADIPEC 2025
ADIPEC 2025 kicks off in Abu Dhabi with a powerful message from Dr. Sultan Al Jaber for a balanced and inclusive approach to meeting energy demand, built on reinforcement, not replacement. Opening addresses and high-level sessions featuring CEOs and ministers spotlighted the importance of embracing all energy sources, all technologies, and all systems that enhance energy resilience and provide the world with prosperity for all. Day 1 highlights included discussions on the convergence of energy and artificial intelligence…
Atmos Energy expects to earn more in 2026 after a quarterly profit increase
Atmos Energy, the U.S. distributor of natural gas, forecast on Wednesday higher earnings for fiscal year 2026 after posting a 30% increase in its fourth-quarter profits. The utility is ramping up capital expenditures on pipeline safety and technology. In fiscal 2026, the Dallas-based utility expects to earn a profit per share between $8.15 and $8.35, compared with $7.46 this year. According to the U.S. Energy Information Administration’s Short-Term Energy Outlook…
Poland is in talks with the US to import more LNG to supply Ukraine and Slovakia
Two sources familiar with negotiations say that Poland is working to secure a deal for the import of liquefied gas from the U.S. in order to supply Ukraine and Slovakia. This agreement would strengthen the European Union's relationship with American energy. The Polish Energy Ministry confirmed the talks late Wednesday night. One source said that officials expect to announce a declaration jointly boosting imports following a meeting between the parties during a transatlantic conference on energy in Athens this week.
Poland Working on Deal to Import US LNG to Support Ukraine, Slovakia
Poland is working on a deal to import liquefied natural gas (LNG) from the U.S. to supply Ukraine and Slovakia, an agreement that would further tighten the European Union’s ties to American energy, according to two sources familiar with the negotiations.Officials expect to announce a joint declaration to boost imports after a meeting of the parties at a transatlantic energy conference in Athens later this week, one of the sources said."After that, discussions would follow on terms for supplies to Slovakia," one of the sources told Reuters.
Poland is in talks with the US to import more LNG to supply Ukraine and Slovakia
According to sources familiar with negotiations, Poland is negotiating a deal for the import of liquefied gas (LNG), from the United States, to supply Ukraine and Slovakia. This agreement would strengthen the European Union's relationship with American energy. One source said that officials expect to announce a declaration jointly boosting imports following a meeting between the parties during a transatlantic conference on energy in Athens this week.
Poland is in talks with the U.S. about importing more LNG to Ukraine and Slovakia
According to sources familiar with negotiations, Poland is negotiating a deal for the import of liquefied gas (LNG) to Ukraine and Slovakia. This pact would strengthen the European Union's energy ties with America. One source said that officials expect to announce a declaration jointly boosting imports following a meeting between the parties during a transatlantic conference on energy in Athens this week. One of the sources said that "after that, discussions will follow about terms for supplies to Slovakia".
EIA: Oil producers must increase drilling to maintain production
The U.S. Energy Information Administration announced on Tuesday that oil and gas producers would need to increase drilling in order to maintain or increase production due to the rapid decline of existing wells. WHY IT MATTER The U.S. has the largest oil production in the world, reaching a record of 13.8 million barrels a day in August. The weak oil price and increasing costs have forced energy companies to reduce billions of dollars in spending and slow drilling, slowing the growth of production.
New ambassador: US keen to expand energy ties with Greece
Kimberly Guilfoyle said that the United States was eager to strengthen energy ties with Greece, and to see it become a major energy gateway into Europe. Greece is stepping up its purchases of U.S. LNG and has built a second terminal to become a major transit point for U.S. gas imported into Europe. New sanctions against Moscow over its war in Ukraine will force European states to stop using Russian gas by 2027. Energy and Interior Secretaries Chris Wright and Doug Burgum from the United States, as well as senior executives from major U.S.
Ceres Power shares soar on China data centre power deal
Ceres Power soared by over 23% after its British developer of clean energy technology announced a deal with the largest Chinese shareholder for powering data centres. The deal gave a boost to a stock that was already boosted by the growing interest of investors in energy companies who support the AI infrastructure building out, a theme which has led to sharp gains throughout the sector. Analysts often compare Ceres to Bloom Energy, a U.S. listed company whose stock has risen by 480% in the past year due to a deal made with Oracle.
De Nora eyes water tech deal, raises profit margin outlook
Industrie De Nora, an Italian electrochemical company, is looking at ways to expand its water-technology business. It may even announce an acquisition before the end of the year. De Nora's Paolo Dellacha said: "We have concrete M&A projects and hope to announce something before the end of this. De Nora is a leader in the field of industrial electrodes and also provides equipment and solutions to disinfect and filter water. The group's adjusted earnings before taxes…
SLB launches AI product to focus on digital sales growth
SLB, a technology company in the energy sector, launched on Monday a new artificial-intelligence tool to automate workflows and processes for companies looking to use AI to boost growth. SLB's Tela technology will be integrated into its portfolio of platforms and applications. Users will be able to interact with the system through a conversational interface. Tela agents are capable of working in conjunction with humans, or autonomously…