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Energy
Nuclear startup Valar Atomics raises $130 million
Isaiah Taylor, CEO, Valar Atomics speaks onstage during the Reindustrialize Conference 2025 on July 16, 2025 in Detroit, Michigan.Tasos Katopodis | Getty Images Entertainment | Getty ImagesAdvanced nuclear reactor developer Valar Atomics…
Trump plans huge oil drilling expansion off California and Alaska coasts
Oil drilling rigs and support equipment stand on the tundra in Deadhorse, Alaska, on Friday, Sept. 5, 2025. Nathaniel Wilder | Bloomberg | Getty ImagesThe Trump administration unveiled plans Thursday for a huge oil drilling expansion off…
Activist Ananym Capital sees upside if Baker Hughes spins off oil services
Company: Baker Hughes (BKR)Business: Baker Hughes is an energy technology company with a portfolio of technologies and services that span the energy and industrial value chain. The company operates in two segments: oilfield services and…
Texas data centers raise blackout risk during extreme winter weather
A worker repairs a power line in Austin, Texas, U.S., on Wednesday, Feb. 18, 2021.Thomas Ryan Allison | Bloomberg | Getty ImagesThe rapid expansion of data centers in Texas is driving electricity demand higher during the winter,…
OpenAI taps iPhone assembler Foxconn to manufacture AI hardware in US
OpenAI is partnering with Taiwan's Foxconn, the world's largest contract electronics manufacturer, to design and build artificial intelligence data center components in the U.S., the AI startup's latest announcement tied to its massive…
MP surges on Pentagon-backed deal to develop Saudi rare earth refinery
MP Materials surged Wednesday on a deal with the U.S. Department of Defense and the Saudi Arabian Mining Company, Maaden, to develop a rare earth refinery in the kingdom. The U.S. rare earth miner's stock rose 8.61% to close at $63.55.MP…
Trump backs Three Mile Island restart with $1 billion loan to Constellation
The cooling towers of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024.Danielle DeVries | CNBCThe Trump administration will provide Constellation Energy with a $1 billion loan to restart the Crane…
The explosives shortage may drive up phone, energy and home prices
The United States is facing a shortage of TNT, a high explosive that is essential to the manufacturing of commercial explosives products, like cast boosters, which are commonly used in the mining and construction industries, according to…
India deepens U.S. energy trade to mend trade relations amid tariffs
A man pushes a tricycle loaded with LPG cylinders on the road below the Adani signage in Mumbai. US based Hindenburg Research firm's allegation on fraud by Adani Enterprise has sparked political debate in India by the opposition…
Nuclear power will receive most money from DOE loans, Chris Wright says
Cooling towers at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024.Danielle DeVries | CNBCNuclear power will receive most of the money from the Energy Department's loan office as the Trump…