Exxon Mobil reported $14.5 billion in second-quarter 2026 earnings and $23.6 billion in operating cash flow, while Chevron posted adjusted free cash flow of $15.4 billion and captured 50% more synergi…
A new paper in NPJ Climate Action finds that AI's enabled emissions from fossil fuel companies are three to 13 times greater than data center emissions, with authors Will and Holly Alpine of the Alpin…
New research published in npj Climate Action by former Microsoft sustainability workers Will and Holly Alpine finds that AI could increase global energy-related emissions by 1.2 to 4.8 percent by boos…
Big Tech's climate pledges are being strained by the massive electricity demands of artificial intelligence, with Amazon, Microsoft, Meta, and Google backing new gas-fired power projects. Amazon acqui…
The EPA ruled on July 27, 2026 that dedicated power plants supplying electricity exclusively to data centers are exempt from the Clean Air Act's Acid Rain Program, handing hyperscalers and AI infrastr…
Meta has withdrawn from RE100, a corporate clean energy pledge, citing the need for reliable power from natural gas to fuel its AI data centers. The company has committed to funding at least 10 new ga…
SLB, the $70 billion oil services giant formerly known as Schlumberger, is poised to profit from AI data centers and the post-Strait of Hormuz oil exploration boom, according to Melius Research analys…
Commodities have been the best performing asset class since October 2020, with the S&P GSCI up 200% and gold up 140%, yet investors hold less than 6% in energy and basic materials, down from a long-ru…
Wall Street gains faded Monday as oil prices held near one-month highs after U.S.-Iran military strikes raised supply risks around the Strait of Hormuz, though the S&P 500 edged up 0.1% and the Nasdaq…
3M joined a Multi-Source Agreement coalition on May 12, 2026, to develop open standards for Expanded Beam Optical connectivity in AI data centers, alongside AMD, Arista Networks, Cisco, Meta, Molex, a…
Microsoft's total emissions rose 25% in 2025, driven primarily by AI data center growth and a pause on certain renewable energy certificates, according to its latest sustainability report. Outside ana…
Microsoft's greenhouse gas emissions surged 25% in fiscal 2025, driven by the expansion of data center infrastructure to support AI workloads. The company's Scope 2 emissions rose as it stopped purcha…
Microsoft Corp. reported a 25% surge in carbon emissions in 2025, reaching 20 million metric tons, driven by data center construction for AI and a pause in renewable energy credit purchases. The incre…
GE Vernova's heavy-duty gas turbines are sold out through 2030-2031 as AI data center demand surges, with Q1 2026 orders jumping 71% to $18.3 billion and data center equipment orders hitting a record …
Chevron signed a 20-year power purchase agreement with Microsoft to build a 2.67 GW natural gas-fired facility in West Texas, supplying electricity directly to Microsoft's AI data centers without usin…
Meta and Microsoft are leading a surge in data-center lease commitments among big tech firms, pushing total future obligations past $850 billion. Meta added $79 billion in the first quarter to reach $…
Microsoft and Chevron signed a 20-year power purchase agreement for Project Kilby, a 2.67 GW natural gas plant and co-located data center in West Texas, with first power delivery targeted for 2028, ac…
Microsoft and Chevron signed a 20-year, 2.67 GW natural gas deal for a West Texas data center, highlighting energy security as a key AI constraint. Samsung deployed ChatGPT Enterprise and Codex compan…
Disneyland must retire the gas-powered Autopia cars by February under a settlement with California's air pollution regulator, or close the attraction. The park plans to replace them with fully electri…
Kazakhstan and Hong Kong agreed to deepen cooperation during the first visit of Hong Kong’s leader to Astana, focusing on investment, finance, digitalization, and transport. Kazakhstan’s upcoming nucl…