Cascading Middle East conflicts have pushed fuel prices to records, with European gas reserves at their lowest in over a decade heading into winter.Seven months after the United States and Israel launched airstrikes against Iran, the resulting closure of the Strait of Hormuz has grown into what analysts are calling the largest physical supply disruptionContinueContinue reading “Europe faces second energy crisis as Hormuz closure batters global fuel supply”
Author Archives: tefolerumo
Saudi Aramco explores standalone gas business with Evercore
Saudi Aramco is reportedly working with investment bank Evercore on plans to separate its natural-gas operations into a standalone division, a move that could eventually open the business to outside investment or a public-market listing.According to Bloomberg News, the proposed restructuring could give Aramco’s gas activities a clearer corporate structure as the Saudi energy giantContinueContinue reading “Saudi Aramco explores standalone gas business with Evercore”
Energy Horizon – Repowering the renewables – EP01 – TotalEnergies
This first episode of Energy Horizon takes us to Germany to meet VSB, a major renewable developer in European, which joined TotalEnergies in 2025 to support the country’s energy transition. Thomas Winkler, Managing Director of VSB Germany, and Antoine Becker, Managing Director of Offshore Wind in Germany at TotalEnergies, discuss their joint strategy to support Germany’sContinueContinue reading “Energy Horizon – Repowering the renewables – EP01 – TotalEnergies”
Rio Tinto to expand metals trading beyond own output
Rio Tinto is broadening its metals-trading operations to handle third-party volumes and use financial derivatives, marking a strategic shift for the world’s second-largest miner as it seeks to extract more value from its global asset base.Under the plan, the company will buy and sell metals produced by other miners in markets where its existing infrastructureContinueContinue reading “Rio Tinto to expand metals trading beyond own output”
Boeing and Turkish Airlines finalize historic order for up to 150 737 MAX jets
Turkish Airlines has signed its largest-ever Boeing single‑aisle deal, locking in an order for up to 150 737 MAX aircraft to accelerate fleet renewal and network growth from Istanbul.Deal details and structureThe agreement, announced on 23 September 2026 in New York, covers 100 firm 737‑8 jets plus options for an additional 50 737 MAX aircraft. ContinueContinue reading “Boeing and Turkish Airlines finalize historic order for up to 150 737 MAX jets”
EU proposes energy rating for data centers
The European Union has proposed a new rating system that would classify data centers in Europe based on their energy and water consumption, as Brussels looks to expand computing capacity without worsening pressure on power grids and water supplies.The plan comes as the bloc seeks to triple its data center capacity over the next sevenContinueContinue reading “EU proposes energy rating for data centers”
Hörmann UK expands support for industrial trade customers
Hörmann UK is strengthening its industrial offering with the launch of a dedicated Industrial Trade team, created to provide more focused support to installers and trade partners across the country.The new team forms part of the company’s Industrial Sales division and will concentrate specifically on the needs of industrial trade customers. Its responsibilities will includeContinueContinue reading “Hörmann UK expands support for industrial trade customers”
Toyota Plans 400,000 Robots in Global Factory Upgrade
Toyota plans to deploy approximately 400,000 robots across its global manufacturing operations as part of a major factory-modernisation programme expected to begin in 2028.The Japanese carmaker is also projected to invest about ¥1 trillion—roughly US$6.4 billion or £5 billion—each year to upgrade production facilities and expand automation. The programme is expected to cover Toyota-owned plants,ContinueContinue reading “Toyota Plans 400,000 Robots in Global Factory Upgrade”
The AI layoff trap and what it means
Two economists mathematically proved that AI will destroy the economy. Researchers from Wharton and Boston University published a paper called “The AI lay-off trap”, this is what they found;The paper was published by researchers from Wharton and Boston University. They mapped out the economic end-game of the AI transition.What they found exposes a fatal flawContinueContinue reading “The AI layoff trap and what it means”
Artificial intelligence in agriculture – DW Documentary
The way we feed ourselves is changing. Agriculture will also be impacted by Artificial Intelligence. Could AI present an opportunity for increased food security in the future? From the climate crisis to depleted soils: farmers all over the world fear for their future. Our food security is at risk. The United Nations wants to endContinueContinue reading “Artificial intelligence in agriculture – DW Documentary”