NEWS

Anduril raises $5 billion as defense tech valuation climbs to $61 billion

Anduril raises $5 billion as defense tech valuation climbs to $61 billion

By Axel Miller | 13 May 2026

Anduril Industries secured $5 billion in funding, boosting its valuation to $61 billion as investors back autonomous defense manufacturing and AI military software.

The AI power surge is quietly pushing up US utility bills

The AI power surge is quietly pushing up US utility bills

By Cygnus | 12 May 2026

Growing AI data-centre demand is accelerating US grid spending, while utilities increasingly use CWIP financing that can raise consumer electricity bills.

TotalEnergies signs Syria offshore review deal with QatarEnergy

TotalEnergies signs Syria offshore review deal with QatarEnergy

By Axel Miller | 12 May 2026

TotalEnergies, QatarEnergy and ConocoPhillips signed an agreement to evaluate offshore exploration opportunities in Syria’s Mediterranean Block 3 area.

US announces 53.3M-barrel SPR oil loan amid Middle East supply risks

US announces 53.3M-barrel SPR oil loan amid Middle East supply risks

By Cygnus | 12 May 2026

The US approved a 53.3 million-barrel Strategic Petroleum Reserve exchange to support refiners and stabilize oil markets amid Middle East supply concerns.

OpenAI expands cyber push with enterprise security partnerships in Europe

OpenAI expands cyber push with enterprise security partnerships in Europe

By Axel Miller | 12 May 2026

OpenAI expands enterprise cybersecurity partnerships in Europe as demand rises for AI-driven threat detection, automation, and defensive security tools.

Israel deploys Iron Dome battery and personnel to UAE amid Iran tensions

Israel deploys Iron Dome battery and personnel to UAE amid Iran tensions

By Cygnus | 12 May 2026

Israel has deployed an Iron Dome battery and operational personnel to the UAE, marking a historic expansion of regional defense ties amid tensions with Iran.

India, Russia advance critical minerals and rare earth partnership

India, Russia advance critical minerals and rare earth partnership

By Axel Miller | 12 May 2026

India and Russia are advancing cooperation on lithium, rare earths, and magnet manufacturing as New Delhi strengthens critical mineral supply chains.

Petcoke shortage threatens global aluminum supply, JP Morgan warns

Petcoke shortage threatens global aluminum supply, JP Morgan warns

By Cygnus | 12 May 2026

JP Morgan warns that petroleum coke shortages linked to Hormuz disruptions could push the global aluminum market into a 2 million-tonne deficit in 2026.

Meta loses EU court challenge over Italian publisher payments

Meta loses EU court challenge over Italian publisher payments

By Axel Miller | 12 May 2026

The EU’s top court backs Italy’s publisher compensation framework, reinforcing AGCOM’s role in disputes involving digital platforms and news content.

India cuts oil and gas royalties to boost domestic energy production

India cuts oil and gas royalties to boost domestic energy production

By Cygnus | 12 May 2026

India revises crude oil and natural gas royalty rules, simplifying wellhead pricing and extending incentives for deepwater energy exploration.

Bridge Data Centres pilots HVO biofuel for low-emission backup power

Bridge Data Centres pilots HVO biofuel for low-emission backup power

By Axel Miller | 12 May 2026

Bridge Data Centres and EcoCeres complete an HVO renewable diesel pilot for data centre backup generators across Asia-Pacific facilities.

India launches ‘Made in India’ brand scheme to target 100 critical manufacturing gaps

India launches ‘Made in India’ brand scheme to target 100 critical manufacturing gaps

By Cygnus | 12 May 2026

India’s DPIIT unveils a ‘Made in India’ certification scheme to improve export quality and reduce import dependence across 100 key industrial product categories.

View details about the software product Informachine News Trackers
View details about the software product Informachine File Manager