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Trump Media To Merge With Nuclear Fusion Startup

Oil news - Wed, 04/01/2026 - 03:00
Last December, Trump Media & Technology Group Corp. (NYSE:DJT) entered the nuclear fusion race after it agreed to buy California-based fusion startup TAE Technologies in a $6-billion merger, creating one of the world's first publicly traded nuclear fusion companies. The merger is structured as an all-stock transaction whereby shareholders of both companies will each own roughly 50% of the new entity with the deal expected to close in mid-2026. TMTG agreed to provide TAE Technologies with up to $200 million in cash upon signing and an additional…
Categories: Oil news

Big Oil Returns to Exploration as Reserves Dwindle

Oil news - Wed, 04/01/2026 - 03:00
After years of upstream underinvestment and a short-lived foray into clean energy, the world’s biggest oil and gas firms are accelerating exploration efforts as they look to replenish their upstream portfolios. Executives at Big Oil have been signaling for nearly a year that they seek to boost upstream portfolios in a world where oil and gas demand is growing and will continue to grow for years to come. During the 2025 earnings calls and at last week’s CERAWeek event in Houston, the top brass of the largest oil and gas majors reiterated…
Categories: Oil news

Saudi Arabia Trades Oil Barrels for Batteries

Oil news - Wed, 04/01/2026 - 02:00
As Saudi Arabia redirects more and more crude from the east to the west, where it can export it safely, oil seems to be all that everyone is watching. But not Saudi Arabia itself. In fact, the world’s second-largest oil producer and top exporter has big plans in another area: battery storage. Battery storage has been dubbed the Holy Grail of the energy transition because it helps make wind and solar installations less dependent on the weather. However, while costs have fallen significantly, battery storage remains a financial drag. An even…
Categories: Oil news

China Claims Cold-Proof Battery Breakthrough That Could Double EV Range

Oil news - Wed, 04/01/2026 - 01:00
The infamous Texas Arctic freeze of five years ago exposed a key vulnerability of electric vehicles: Many drivers were forced to abandon their vehicles after being left stranded with dead batteries and no charging station in sight. While cold weather can lower driving range by ~10%, unusually low temperatures can cut it by up to 40% while increasing charging time by 300%. Thankfully, this could soon become a thing of the past: Chinese researchers have developed an all-weather battery electrolyte that is not only capable of maintaining high energy…
Categories: Oil news

US Crude Oil Inventories See Surprise 10 Million Barrel Spike

Oil news - Wed, 04/01/2026 - 00:15
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by a staggering 10.263 million barrels in the week ending March 27. In the week prior, US crude oil inventories rose by 2.3 million barrels. Analysts had expected a draw of 1.3 million barrels in the current reporting period. Inventories in the US Strategic Petroleum Reserve (SPR) drew down for the first week in many, sinking by 300,000 barrels to 415.1 million barrels as of the week ending March 27. This is 310.4 million barrels shy of maximum…
Categories: Oil news

US Crude Oil Inventories See Surprise 10 Million Barrel Spike

Oil news - Wed, 04/01/2026 - 00:15
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by a staggering 10.263 million barrels in the week ending March 27. In the week prior, US crude oil inventories rose by 2.3 million barrels. Analysts had expected a draw of 1.3 million barrels in the current reporting period. Inventories in the US Strategic Petroleum Reserve (SPR) drew down for the first week in many, sinking by 300,000 barrels to 415.1 million barrels as of the week ending March 27. This is 310.4 million barrels shy of maximum…
Categories: Oil news

Mérida fortalece su sistema público de salud

Apporea noticias - Wed, 04/01/2026 - 00:03
31 de marzo de 2026.-En el marco de la planificación continua y sin descanso, desde Corposalud la autoridad única de salud del estado Mérida, Moraima Salazar, anunció la llegada de tres gandolas de suministros médicos, Informó Prensa Gobernación de Mérida /Corposalud. Esta impo...
Categories: Venezuelan news

Microsoft and NVIDIA Are Using AI to Fast-Track Nuclear Power Development

Oil news - Wed, 04/01/2026 - 00:00
Tech giants Microsoft and NVIDIA are collaborating on an artificial intelligence project designed to accelerate the development of nuclear energy – in order to feed the growing energy needs of AI. The project aims to develop an “ecosystem of AI-powered digital engineering tools” that will be used to shorten the considerable timelines of nuclear power plants and bring them online a lot more quickly as the rate of energy demand growth continues to skyrocket around the world. The nuclear power sector in the United States is beset…
Categories: Oil news

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