NEWS
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
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
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
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
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
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
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
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
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
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
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
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.


