A River In Egypt

Southern Co. Electricity Sales Soar On 42% Data Center Growth By Diana DiGangi of UtilityDive, The company has 28 large load projects representing 11 GW under contract, and Georgia Power’s first-quarter capital expenditures increased year over year from $1.6 billion to $2 billion. Southern Company reported 2.3% year-over-year growth in retail electricity sales across its utilities for the first quarter of this year, driven predominantly by data centers. Overall, data centers used 42% more power compared to the first quarter of 2025, according to company officials and Southern’s quarterly report to the Securities and Exchange...

Iraq Tells Buyers To Collect Crude Which Can Now Cross Hormuz, While US Boosts Ship Reinsurance Guarantees To $40BN Over the long weekend, we reported that with traffic across the Hormuz strait continuing to rise, and reaching the highest since the war began, one particularly favorable development was Iran's permission for Iraqi ships to use the Strait. We also noted that this declaration had the potential to unleash as much as 3 million barrels a day of Iraqi oil cargoes. That said, there was the caveat that it was not immediately clear...

Putin's First Ever Visit To Japanese-Claimed Islands Provokes Outrage In Tokyo Russian President Vladimir Putin on Thursday made a provocative visit to the far-eastern Kuril islands for the first time ever. Japan immediately lodged a "strong" protest given it also has long claimed the territory, resulting in an avalanche of denunciatory headlines in Japanese press. Putin held a meeting there "on ensuring the security of Russia's eastern borders," state RIA Novosti said. Japanese Foreign Minister Toshimitsu Motegi shot back: "The Northern Territories are an inherent part of Japan's territory both historically and...