#energy-infrastructure

#energy-infrastructure

Despite being under a year old and having no revenue, Fermi America had a very successful initial public offering (IPO) this week. The company, which aims to provide data and power centers for artificial intelligence, saw its shares (Nasdaq: FRMI) close at $32.53 on their first day of trading Wednesday, up nearly 55% from their IPO price of $21 per share. Fermi's stock price continued to rise through after-hours and into premarket trading on Thursday, reaching $36.

The US will provide Ukraine with intelligence on long-range energy infrastructure targets deep inside Russia, according to overnight reports, a move that would signal a significant shift in White House support for Kyiv. The decision would be the first example of a change in policy by Donald Trump since his comments on social media towards the end of September that Ukraine could win back all of the territories occupied by Russia.

It was the famous scene where Dustin Hoffman's character gets pulled aside by one of his parents' friends at his own college graduation party for some awkward career advice. "I just want to say one word to you," says the Mr. McGuire character, "Power." In the original scene, McGuire said, "plastics," reflecting the space-age economy of the 1960s. The message behind Gray's edit was that power is the new plastics in an age of electricity-hungry AI.

The glorious visit of US President Donald Trump to the British Isles last week came with promises of thousands of precious GPUs, with Nscale, Microsoft, Google, and more teaming up to build a giant datacenter within walking distance of my house. But is the Tech Prosperity deal really a portal to a bright future or will it suck us in?

Ukrainian President Volodymyr Zelenskyy said that Russia had launched more than 3,500 drones and nearly 190 missiles against Ukraine so far in September, describing the onslaught as an aerial terror operation. Russian forces carried out a large attack on Ukraine's southeastern city of Zaporizhzhia, killing a 41-year-old man, injuring at least 18 people and triggering several fires, regional Governor Ivan Fedorov said.

Reliable high-yielders are your best friends today, and they will likely remain that way for the coming years. That's especially true if they operate as midstream or as a utility. They have a rare combination of defense and growth that no other sector can match. Demand for electricity, gas, and water does not flutter when the headlines turn grim, so cash flow stays predictable and dividends stay funded.

Midstream energy stocks are the companies involved in the processing, transportation, and storage of crude oil, natural gas, and natural gas liquids. These companies operate in the "midstream" sector, which falls between the upstream (exploration and production) and downstream (refining and marketing) sectors of the energy industry. They are far less susceptible to spot benchmark pricing moves, as most sector leaders have locked in contracts for their services, some of which run for years.

A Ukrainian drone crashed into one of Russia's largest oil-refining complexes on Saturday, sparking a fire and causing minor damage, a Russian official said. The complex, which belongs to Russian oil company Bashneft, lies on the outskirts of the central Russian city of Ufa about 870 miles (1,400km) from the frontline in Ukraine. Videos posted on social media appeared to show a drone drifting towards the facility before exploding in a ball of flames, sending a cloud of smoke into the sky.

The Foreign Office said there had been "a summer of Russian delay tactics at peace talks" aimed at ending the conflict in the region, as well as increased attacks on Ukrainian civilians and infrastructure. Cooper added support for Kyiv was "unwavering and stronger than ever" and that fresh funding would support Ukraine through the winter and into 2026. She continued: "Putin's bombardment of Ukrainian civilians, his stalling and delaying in internationally-backed peace talks, and his blatant disregard for human life must end."

Russian attacks killed four people and injured 10 in Ukraine's Donetsk region, Governor Vadym Filashkin said in a post on Telegram on Monday. Two people were killed and one person was injured as Russian forces launched 449 strikes on 17 settlements in Ukraine's Zaporizhia region, Governor Ivan Fedorov said. Ukrainian forces launched a massive drone attack on Russian-occupied Donetsk, killing two civilians, Russia's state TASS news agency reported, citing local officials.

That reality hit hard at the Energy & Innovation Summit in Pittsburgh last month, hosted by Senator Dave McCormick, Carnegie Mellon President Farnam Jahanian, and a remarkable roster of business executives, industry leaders, and federal cabinet secretaries. Pennsylvania sits at the center of this future-with the Marcellus Shale, leading universities, and advanced manufacturing hubs powering some of the nation's most ambitious energy projects.

Annual household energy bills in the UK are projected to rise by over 100 after Ofgem approved a 24 billion investment to upgrade the energy infrastructure.

Significant tax rises are inevitable in the coming months due to the size of the Government's planned spending increases.

I'm completely enthused about it," Greg Ebel told analysts on a conference call Friday to discuss the company's latest financial results.

After an urgent investigation, the National Energy System Operator ruled out suspicious activity regarding the fire but will continue to assess the substation's compliance.

Three-phase inverters can handle energy more consistently, making them essential for large solar systems, delivering better reliability and efficiency than single-phase systems.

If the next government wants to put more pipelines in the ground, experts say that could include different strategies such as taking an ownership stake in one, or reducing red tape for private companies.

The Portland City Council's recent tentatively voted decision against PGE's proposal to upgrade the transmission line through Forest Park emphasizes the need for careful environmental consideration in urban energy projects.