Crusoe Walks Away From $1.25 Billion Boom Turbine Deal
Crusoe killed its $1.25 billion order for 29 Boom Superpower turbines, scrapping the Denver jet maker's launch partnership for its power plant business.
Topic
Energy
Topic
Energy
ExxonMobil Veteran Builds Robot to Take the Torque Out of Pipefitting
Nexterity's battery-powered robot loosens and tightens four pipe bolts at once, targeting the NPS2-NPS8 pipes that cover 80% of i…
EU Warns Trump Diesel Export Ban Would Hit 'Both Sides'
The European Commission warns a reported 90-day US diesel export ban would hit both Europe and America, threatening higher fuel p…
Energy Revolution Ventures Closes $50 Million Electrification Fund
Energy Revolution Ventures has launched a $50 million venture fund to back electrification startups, expanding its bet on the ene…
VDE Crushed TAN: Vanguard Oil Fund Returns 46.8% vs Solar's 6.7%
Vanguard's VDE returned 46.8% over the past year against 6.7% for Invesco's TAN. Over five years, $1,000 in VDE grew to $3,085; i…
Fluence Energy Slides 17% After EBITDA Loss Forecast Swells
Fluence Energy now projects a 2026 EBITDA loss near $200 million, twenty times its prior estimate. Shares dropped 17% as investor…
U.S. and Iraqi Firms Sign Over $60 Billion in Deals in Washington
More than 50 agreements worth over $60 billion were signed in Washington during Prime Minister Ali Al-Zaidi's first visit, spanni…
Climate Tech VC Funds Down 40%, But AI Deals Pick Up Slack
Climate-specialist VC fundraising dropped nearly 40% in 2025, yet AI's data center power demands are pulling record generalist ca…
Diesel Hits a Record $6.53 a Gallon, Up 77% in a Year
U.S. diesel has hit a record $6.53 per gallon, up 77% year over year. With refining capacity damaged and stockpiles low, the spik…
Ex-Goldman Executive's Oil Startup Prepares $67 Million IPO
An oil startup founded by a former Goldman Sachs executive is preparing a $67 million IPO, Transport Topics reports, moving from…
Ex-Goldman Commodity Chief Currie's Oil Startup Heads to IPO
An oil startup backed by Jeff Currie, Goldman Sachs' former commodity research chief, is preparing for an IPO, Bloomberg reports.…