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Tesla Eyes Internal CEO Candidates if Musk Leaves Over Pay Vote

The EV maker has a ‘range of different alternatives out there,’ including having more than one person run the company By Kara Carlson and Miguel Ambriz Tesla Inc. is prepared to name a new chief executive officer from inside the company if shareholders reject Elon Musk’s proposed US$1 trillion pay package and he steps down, …

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Equinor Expects Tighter European Gas Market this Winter

The outlook for Europe’s natural gas market this winter is tighter than many had expected as the continent’s storage levels are 12 percentage points lower than a year ago, Equinor’s finance chief told Reuters on Wednesday. The Norwegian company in 2022 overtook Russia’s Gazprom as Europe’s biggest supplier of natural gas when Moscow’s full-scale invasion …

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Saudi OPEC Strategy Pulled by Warring US, Russia Interests

Ron Bousso Summary OPEC+ meets on November 2 to discuss oil production targets Trump will likely repeat call on OPEC to increase output after hitting Russia with sanctions Russia likely to support stopping or reversing increases (Reuters) – Saudi Arabia is caught between Donald Trump and a hard place, as the U.S. president’s latest oil …

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Russia’s Oil Exports Hold Steady, Fresh Sanctions Yet to Make Impact

(Reuters) – Newly imposed U.S. and EU sanctions targeting Russia and its oil giants Rosneft and Lukoil  have yet to disrupt physical crude shipments from the country’s western ports, according to LSEG data and market sources. Despite weather-related constraints and sanction pressure, October exports from western ports of Primorsk, Ust-Luga and Novorossiisk are seen at about …

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Japan PM Pushed Back Against US Request to Ban Russian Energy Imports

Summary PM Takaichi said ending LNG imports would be difficult for Japan Russian LNG accounts for nearly 9% of imports (Reuters) – Japan’s new Prime Minister Sanae Takaichi told U.S. President Donald Trump during their meeting in Tokyo that banning Russian liquefied natural gas imports would be difficult, two Japanese government officials told Reuters on Wednesday. …

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Addressing Cybersecurity Threats in SCADA Systems through Enhanced Surveillance

By Jason Chiu Cybersecure AXIS C3546-LVE In the energy sector, Supervisory Control and Data Acquisition (SCADA) is the nerve center. It picks up the first hints of equipment stress, follows pressure and flow across vast pipeline networks, and coordinates the signals that keep plants and grids stable. As operational technology (OT) and information technology (IT) …

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Natgas Producer Expand Energy Posts Quarterly Profit on Higher Output

(Reuters) – U.S. natural gas producer Expand Energy reported a profit for the third quarter on Tuesday, compared with a year-ago loss, driven by increased output and stronger commodity prices. Average U.S. natural gas prices during the quarter jumped more than 26% over the year earlier, driven by strong liquefied natural gas exports and growing …

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Google to Buy Power From NextEra Nuclear Plant Being Revived

By Josh Saul and Will Wade NextEra Energy Inc. plans to restart a nuclear power plant in Iowa, primarily to supply Google data centers. The Duane Arnold Energy Center is expected to start delivering power by 2029 following agreements with Google, according to a statement Monday. The 615-megawatt plant shut down in 2020, well before …

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Bill Gates Says China Is Outspending the World on Nuclear Power

China is emerging as a fierce competitor to the US in the race to build small modular reactors and fusion that can help power data centers. By Coco Liu In the race to develop the next generation of nuclear reactors, China is increasingly challenging the US and other countries for dominance, according to tech billionaire …

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