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Saturday, 10 October 2026

76 briefs so farlast update 16:05 UTC

Key points

  • Fuel Prices Stay High Even as Strait of Hormuz Reopens.
  • US and Russian Envoys Reportedly Discussed American Stake in Nord Stream.
  • Oil Prices Slip as West Asian Exports Rise and G7 Taps Reserves.
  • Oil Jumps as Shipping Attacks and Hurricane Squeeze Supply.

AI & Energy

Foxglove: Two UK Data Centres Would Out-Emit ExxonMobil's UK Operations

Two proposed UK data centres would produce more carbon emissions than ExxonMobil's entire UK operations, according to analysis by Foxglove.

The two centres together would consume 1.3 GW of power and emit more than 4.5 million tonnes of carbon, Foxglove found. ExxonMobil's total UK carbon emissions came to around 3.9 million tonnes in 2023, per the same analysis.

Separately, Energean reported that its Energean Power floating production vessel off Israel stopped producing in late February following a directive from the Israeli energy ministry. The outage lasted until April, after which the facility returned to full capacity within a couple of days.

Production fell sharply over the period, and net profit dropped by a large margin as sales volumes were lost, according to Energean. Management trimmed full-year output guidance, particularly for Israel, and cut the quarterly dividend.

Source: kalkinemedia.com (opens in a new tab)2 sourcesPermalink

AI & Energy

UAE Report Maps AI's Combined Demand on Water and Energy

The UAE has published a report examining how artificial intelligence interacts with water and energy systems, according to maagulf.com.

The report, titled Crosscurrents: Navigating the AI-Water-Energy Nexus, examines water use across the full AI value chain, extending beyond data centers to semiconductor manufacturing and the power generation needed to run AI systems, according to maagulf.com.

It argues that water availability, power supply and digital development need to be planned together, according to Smart Water Magazine.

The report also says AI raises resource demand while offering tools to detect leaks, forecast floods and improve water operations, according to Smart Water Magazine.

Source: maagulf.com (opens in a new tab)2 sourcesPermalink

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