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Bloom Energy Erupts On Beat, Guidance Upgrade As On-Site Data Center Power Demand Soars

Bloom Energy Erupts On Beat, Guidance Upgrade As On-Site Data Center Power Demand Soars Clean-power company Bloom Energy surged early in the U.S. cash session after reporting earnings Tuesday after the close, raising its full-year revenue and margin guidance on rising demand from data centers and other commercial customers.  The maker of solid oxide fuel cell systems, branded as Bloom Energy Servers, that generate electricity on-site for customers, posted a profit of $70.7 million, or 23 cents a share, compared with a loss of $23.8 million, or 10 cents a share,...
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Nov 4, 2026 / Tyler Durden
Questions Mount Over Venezuela's 'Biggest Oil Deal In World History'
Questions Mount Over Venezuela's 'Biggest Oil Deal In World History' Authored by Charles Kennedy via OilPrice,Trump’s $100 billion Venezuela oil deal faces growing scrutiny, as NABEP confronts questions over financing, drilling capacity and its ability to develop 65 billion barrels of reserves.NABEP claims production has surged to 223,000 bpd, with plans to deploy 41 rigs in November and eventually exceed 1 million bpd.Venezuela’s oil revival is attracting major international players, including Chevron, Eni, BP and Continental Resources, despite persistent investment and operational challenges."The biggest oil deal in world history" between...
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Feb 24, 2026 / Tyler Durden
Cartel Problem Is 'Spilling Over To The United States': Texas Senator
Cartel Problem Is 'Spilling Over To The United States': Texas Senator Authored by Naveen Athrappully via The Epoch Times, The cartel problem in Mexico has spilled over into the United States, harming Americans and requiring Washington to take action on the matter, Sen. John Cornyn (R-Texas) said in a Feb. 23 interview with Fox News. “[Mexicans are] very particular about their sovereignty. And I get that. But if they’re not able to take care of the problem, and it’s spilling over to the United States and killing American citizens, it’s our problem....
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Jun 3, 2026 / Tyler Durden
US Govt. Lab Launches Advanced Battery Lab To Help Power Grid
US Govt. Lab Launches Advanced Battery Lab To Help Power Grid Authored by Georgina Jedikovska via Interesting Engineering, The US has recently launched a new battery production line, which is expected to help researchers develop safer and cheaper energy storage technologies for the electric grid. PNNL's new prismatic cell line will allow researchers and industry partners to create, test and demonstrate real-world prismatic cells at an industrially relevant scale. (Andrea Starr/Pacific Northwest National Laboratory)  The new line is housed at the Grid Storage Launchpad (GSL), a 93,000-square-foot research facility. It is run by...
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