Article
UK Conservatives Blast Labour North Sea Ban As 'Utter Madness'
UK Conservatives Blast Labour North Sea Ban As 'Utter Madness'
Authored by Tsvetana Paraskova via OilPrice.com,
The current UK government's policy of not allowing new drilling in the UK North Sea is “utter madness” as billions of barrels of untapped oil could benefit the UK industry and reduce Britain’s reliance on imports, Kemi Badenoch, the leader of the opposition Conservative Party, has said.
The ruling Labour government of Sir Keir Starmer has recently moved to permanently ban new oil and gas licenses in the UK section of the North Sea, drawing criticism from the...
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May 20, 2026 / Tyler Durden
Data Centers Could Be 33% Of Commercial Building Electricity Use By 2050: EIA
Data Centers Could Be 33% Of Commercial Building Electricity Use By 2050: EIA
By Diana DiGangi of UtilityDive
The U.S. Energy Information Administration projects that data centers will “increasingly skew more energy intensive” and that electricity consumed by them will increase across all commercial building stock, with their servers growing to make up an estimated 22% to 33% of commercial building electricity use by 2050, according to an April report.
In its 2026 Annual Energy Outlook, EIA modeled various scenarios to explore how much data centers might drive demand in the medium...
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May 26, 2026 / Tyler Durden
The Digital Euro As Europe's Backdoor Capital Control System
The Digital Euro As Europe's Backdoor Capital Control System
Submitted by Thomas Kolbe
The digital euro ranks among the most ambitious projects within the political architecture of the European Union. As the Eurosystem and the EU increasingly merge into identical and integrated political spaces, it can no longer be denied that this CBDC project is primarily a geopolitical power play by Brussels. Yet the euro-CBDC — shorthand for “central bank digital currency” — remains stuck in a loop. Originally envisioned years ago as already being in the project phase, the first...
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Feb 22, 2026 / Dave DeCamp
Israeli Fire Kills Palestinian Woman in Northern Gaza as IDF Attacks Continue Despite Ceasefire Deal
A 27-year-old Palestinian woman was killed by Israeli fire in Beith Lahia, northern Gaza, on Sunday, the Palestinian news agency WAFA reported, as IDF attacks continue across the Strip despite the US-backed ceasefire deal. The woman, Basma Aram Banat, succumbed to gunshot wounds two hours after she was shot. WAFA also reported that Israeli shelling […]
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