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From Real Estate to AI Factories: 7×24 Exchange’s Michael Siteman on Power, Politics, and the New Logic of Data Center Development

The data center industry’s explosive growth in the AI era is transforming how projects are conceived, financed, and built. What was once a real estate-driven business has become something far more complex: an engineering and infrastructure challenge defined by power availability, network topology, and local politics. That was one of the key themes in this recent episode of the Data Center Frontier Show podcast, where Editor-in-Chief Matt Vincent spoke with Michael Siteman, President of Prodigious Proclivities and a longtime leader and board member within 7×24 Exchange International. Drawing on decades of experience spanning brokerage, development, connectivity strategy, and infrastructure advisory, Siteman offered a field-level view of how the industry is adapting to the demands of AI-driven infrastructure. “The business used to be a pure real estate play,” Siteman said. “Now it’s a systems engineering problem. It’s power, network topology, the real estate itself, and political risk—all of these factors that have to work together.” Site Selection Becomes Systems Engineering For much of the early data center era, location decisions revolved around traditional real estate considerations: available buildings, proximity to customers, and nearby fiber connectivity. That logic has fundamentally changed. “Years ago, the question was: Is there a building? Are there carriers nearby?” Siteman recalled. “Now it’s completely different. Power availability, network topology, community acceptance—these are the variables that define whether a site works.” Utilities themselves have become gatekeepers in the process. “You go to a utility and ask if there’s power,” he explained. “They might say, ‘We might have power, but you have to pay us to study whether we actually have power.’” In many regions experiencing rapid digital infrastructure expansion, the answer increasingly comes back the same: there simply isn’t enough grid capacity available. Power Becomes the Project In the gigawatt-scale era of AI infrastructure, power strategy has moved

Read More »

Community Opposition Emerges as New Gatekeeper for AI Data Center Expansion

The rapid global buildout of AI infrastructure is colliding with a new constraint that hyperscalers cannot solve with capital or GPUs: local opposition. In the first months of 2026, community resistance has already begun reshaping the development pipeline. A February analysis by Sightline Climate estimates that 30–50 percent of the data center capacity expected to come online in 2026 may not be delivered on schedule, reflecting a growing set of constraints that now include power availability, permitting challenges, and increasingly organized local opposition. The financial stakes are already substantial. Recent reporting indicates that tens of billions of dollars in planned data center development have been delayed or halted amid community pushback, including an estimated $98 billion worth of projects delayed or blocked in a single quarter of 2025, according to research cited by Data Center Watch. What had been framed throughout 2024 and 2025 as an inevitable expansion of hyperscale campuses, gigawatt-scale power agreements, and AI “factory” clusters is now encountering a different kind of gatekeeper: the communities expected to host the infrastructure. The shift is already visible in project outcomes. Across the United States, multiple projects were canceled, blocked, or fundamentally reshaped in the opening months of 2026 due to organized local opposition. Reporting from The Guardian found that 26 data center projects were canceled in December and January, compared with just one cancellation in October, suggesting that community resistance campaigns are increasingly capable of stopping projects before construction begins. At the same time, local governments are responding to community pressure with moratoriums, zoning restrictions, and permitting delays that can stall projects long enough to jeopardize financing or push developers to seek more favorable jurisdictions. While opposition to data center development is not new, the scale, coordination, and success rate of these efforts suggest a structural shift in how

Read More »

A week unlike any other for crude prices

Oil, fundamental analysis The price of WTI settled last Friday at $90.90, which was already $14/bbl higher than the Friday before the US and Israel began their attacks on Iran. With the conflict continuing last weekend, Iran continued to pummel its neighboring petro-states and threatened any ships attempting to pass through the Strait of Hormuz. So, when the oil markets re-opened Sunday night, a lot of pent-up anxiety turned into the immediate buying of April NYMEX WTI futures with the Open price hitting $98/bbl leading to a session High of $119.50/bbl. Trading Monday during regular business hours would moderate some ending in a closing price of $94.80/bbl but only after a wild day that saw a Low of $81.20 which created a daily Hi/Lo range of $32. The week’s Low was $76.75/bbl on Tuesday in what was seen at the time as numerous positive signs that the Strait of Hormuz would reopen. That didn’t happen. Brent crude followed a similar pattern hitting a High of $119.50/bbl on Sunday evening and a Low of $81.15 on Tuesday. Both contracts settled higher week-on-week. The WTI/Brent spread fluctuated throughout the week but now sits at ($4.80). Neither the International Energy Agency (IEA)-announced reserve release nor a gain in US crude inventories could halt the on-going rally. The Strait of Hormuz remains the key issue impacting global oil prices as conflicting reports exist throughout the media coverage. President Trump said the US Navy would escort ships, if needed while Energy Secretary Wright stated that the US Navy was too involved in the actual conflict with Iran to perform such duties. Secretary of Defense Hegseth stated Friday that the Strait of Hormuz was “open” for ships wishing to pass unless Iran fires upon them which the latter has explicitly threatened to do. The US Central

Read More »

Oil tops $100 on intensifying Iran war

Oil prices have climbed above $100/bbl for the first time since 2022 as the escalating US-Iran war threatens critical energy flows through the Middle East. Hopes for a near-term de-escalation faded on Friday after US President Trump stated that only an unconditional surrender would be acceptable, heightening concerns that the conflict could become prolonged. Tensions intensified further on Monday, Mar. 9, when Iran launched new attacks on Israel and several Gulf states just hours after declaring Mojtaba Khamenei as the country’s new supreme leader. Analysts warn that a sustained disruption of shipments through the Strait of Hormuz could trigger a severe tightening of global crude supplies and send prices significantly higher. Vikas Dwivedi, global energy strategist at Macquarie Group, said the market could move rapidly into a supply-shock environment if hostilities continue without a diplomatic resolution. “In our analysis, a few weeks of Hormuz closure will create a domino effect of events that could push crude to $150/bbl or higher,” Dwivedi said in a market note. Dwivedi added that without a ceasefire or negotiated agreement, the global oil market could begin to “break in days rather than weeks or months,” as supply disruptions cascade through the region’s production and export systems. Although the Strait of Hormuz has effectively become inaccessible for many tankers due to escalating security risks, Middle East loadings have so far remained relatively resilient. However, reports of production shut-ins have begun to emerge across parts of the region, including Iraq, Kuwait, and Qatar (LNG). If the disruption persists, broader waves of production curtailments could unfold over the coming week. Macquarie analysts believe the final cuts would occur in Saudi Arabia roughly 20 days from now. Shipping risks, oil and beyond  Security risks around the Strait of Hormuz remain a major constraint on shipping. Even with elevated insurance

Read More »

Infinity more likely to add frac crews than third rig in 2026

Infinity Natural Resources Inc., Morgantown, plans to add a second rig to its operations this spring as it builds on the December acquisition of some Ohio Utica assets from Antero Resources. But executives said Mar. 11 they’re more likely to add fracturing crews than a third rig this year should oil prices stay at higher levels. Infinity, led by president and chief executive officer Zack Arnold, 3 months ago paid roughly $1.2 billion for upstream and midstream assets in Ohio that peers at Antero were divesting as part of their purchase of HG Energy II assets in the Marcellus basin. In the second quarter, Infinity will begin operating a rig in the former Antero footprint and Arnold said he expects the company will maintain that count for the rest of the year. “We are cognizant of our portfolio and the returns that we have,” Arnold said on a conference call discussing Infinity’s fourth-quarter results and 2026 outlook. “We’re probably more likely to maybe consider additional frac crews […] than drilling rigs at this stage. But it’s difficult to say […] Three weeks ago, oil prices were a little bit different.” Arnold said the team has flexibility “to do the right things” should commodity prices support further investment and could tweak the oil-natural gas priorities in a 2026 plan that today calls for 72% of drilling activity to be in Ohio with the remainder in Pennsylvania. The goal is to turn in line about 30 wells (gross) this year—10 of which will be at the recently acquired assets—and have 2026 total net production grow to 345-375 MMcfed, of which liquids and oil will be 18,000-20,000 b/d. In the fourth quarter, that figure was 272 MMcfed.

Read More »

The Iran war: Regional geopolitics, oil, and natural gas

@import url(‘https://fonts.googleapis.com/css2?family=Inter:[email protected]&display=swap’); a { color: var(–color-primary-main); } .ebm-page__main h1, .ebm-page__main h2, .ebm-page__main h3, .ebm-page__main h4, .ebm-page__main h5, .ebm-page__main h6 { font-family: Inter; } body { line-height: 150%; letter-spacing: 0.025em; font-family: Inter; } button, .ebm-button-wrapper { font-family: Inter; } .label-style { text-transform: uppercase; color: var(–color-grey); font-weight: 600; font-size: 0.75rem; } .caption-style { font-size: 0.75rem; opacity: .6; } #onetrust-pc-sdk [id*=btn-handler], #onetrust-pc-sdk [class*=btn-handler] { background-color: #c19a06 !important; border-color: #c19a06 !important; } #onetrust-policy a, #onetrust-pc-sdk a, #ot-pc-content a { color: #c19a06 !important; } #onetrust-consent-sdk #onetrust-pc-sdk .ot-active-menu { border-color: #c19a06 !important; } #onetrust-consent-sdk #onetrust-accept-btn-handler, #onetrust-banner-sdk #onetrust-reject-all-handler, #onetrust-consent-sdk #onetrust-pc-btn-handler.cookie-setting-link { background-color: #c19a06 !important; border-color: #c19a06 !important; } #onetrust-consent-sdk .onetrust-pc-btn-handler { color: #c19a06 !important; border-color: #c19a06 !important; } In this bonus episode of the Oil & Gas Journal ReEnterprised podcast, Head of Content Chris Smith is joined by Jim Krane, the Diana Tamari Sabbagh Fellow in Middle East Energy Studies and Center for Energy Studies Lead for Energy and Geopolitics in the Middle East at Rice University’s Baker Institute for Public Policy. The two discuss the regional political forces shaping the Iran war so far, exactly how vulnerable the Strait of Hormuz is, and—shifting inland—what’s in it for the Kurds.

Read More »

From Real Estate to AI Factories: 7×24 Exchange’s Michael Siteman on Power, Politics, and the New Logic of Data Center Development

The data center industry’s explosive growth in the AI era is transforming how projects are conceived, financed, and built. What was once a real estate-driven business has become something far more complex: an engineering and infrastructure challenge defined by power availability, network topology, and local politics. That was one of the key themes in this recent episode of the Data Center Frontier Show podcast, where Editor-in-Chief Matt Vincent spoke with Michael Siteman, President of Prodigious Proclivities and a longtime leader and board member within 7×24 Exchange International. Drawing on decades of experience spanning brokerage, development, connectivity strategy, and infrastructure advisory, Siteman offered a field-level view of how the industry is adapting to the demands of AI-driven infrastructure. “The business used to be a pure real estate play,” Siteman said. “Now it’s a systems engineering problem. It’s power, network topology, the real estate itself, and political risk—all of these factors that have to work together.” Site Selection Becomes Systems Engineering For much of the early data center era, location decisions revolved around traditional real estate considerations: available buildings, proximity to customers, and nearby fiber connectivity. That logic has fundamentally changed. “Years ago, the question was: Is there a building? Are there carriers nearby?” Siteman recalled. “Now it’s completely different. Power availability, network topology, community acceptance—these are the variables that define whether a site works.” Utilities themselves have become gatekeepers in the process. “You go to a utility and ask if there’s power,” he explained. “They might say, ‘We might have power, but you have to pay us to study whether we actually have power.’” In many regions experiencing rapid digital infrastructure expansion, the answer increasingly comes back the same: there simply isn’t enough grid capacity available. Power Becomes the Project In the gigawatt-scale era of AI infrastructure, power strategy has moved

Read More »

Community Opposition Emerges as New Gatekeeper for AI Data Center Expansion

The rapid global buildout of AI infrastructure is colliding with a new constraint that hyperscalers cannot solve with capital or GPUs: local opposition. In the first months of 2026, community resistance has already begun reshaping the development pipeline. A February analysis by Sightline Climate estimates that 30–50 percent of the data center capacity expected to come online in 2026 may not be delivered on schedule, reflecting a growing set of constraints that now include power availability, permitting challenges, and increasingly organized local opposition. The financial stakes are already substantial. Recent reporting indicates that tens of billions of dollars in planned data center development have been delayed or halted amid community pushback, including an estimated $98 billion worth of projects delayed or blocked in a single quarter of 2025, according to research cited by Data Center Watch. What had been framed throughout 2024 and 2025 as an inevitable expansion of hyperscale campuses, gigawatt-scale power agreements, and AI “factory” clusters is now encountering a different kind of gatekeeper: the communities expected to host the infrastructure. The shift is already visible in project outcomes. Across the United States, multiple projects were canceled, blocked, or fundamentally reshaped in the opening months of 2026 due to organized local opposition. Reporting from The Guardian found that 26 data center projects were canceled in December and January, compared with just one cancellation in October, suggesting that community resistance campaigns are increasingly capable of stopping projects before construction begins. At the same time, local governments are responding to community pressure with moratoriums, zoning restrictions, and permitting delays that can stall projects long enough to jeopardize financing or push developers to seek more favorable jurisdictions. While opposition to data center development is not new, the scale, coordination, and success rate of these efforts suggest a structural shift in how

Read More »

A week unlike any other for crude prices

Oil, fundamental analysis The price of WTI settled last Friday at $90.90, which was already $14/bbl higher than the Friday before the US and Israel began their attacks on Iran. With the conflict continuing last weekend, Iran continued to pummel its neighboring petro-states and threatened any ships attempting to pass through the Strait of Hormuz. So, when the oil markets re-opened Sunday night, a lot of pent-up anxiety turned into the immediate buying of April NYMEX WTI futures with the Open price hitting $98/bbl leading to a session High of $119.50/bbl. Trading Monday during regular business hours would moderate some ending in a closing price of $94.80/bbl but only after a wild day that saw a Low of $81.20 which created a daily Hi/Lo range of $32. The week’s Low was $76.75/bbl on Tuesday in what was seen at the time as numerous positive signs that the Strait of Hormuz would reopen. That didn’t happen. Brent crude followed a similar pattern hitting a High of $119.50/bbl on Sunday evening and a Low of $81.15 on Tuesday. Both contracts settled higher week-on-week. The WTI/Brent spread fluctuated throughout the week but now sits at ($4.80). Neither the International Energy Agency (IEA)-announced reserve release nor a gain in US crude inventories could halt the on-going rally. The Strait of Hormuz remains the key issue impacting global oil prices as conflicting reports exist throughout the media coverage. President Trump said the US Navy would escort ships, if needed while Energy Secretary Wright stated that the US Navy was too involved in the actual conflict with Iran to perform such duties. Secretary of Defense Hegseth stated Friday that the Strait of Hormuz was “open” for ships wishing to pass unless Iran fires upon them which the latter has explicitly threatened to do. The US Central

Read More »

Oil tops $100 on intensifying Iran war

Oil prices have climbed above $100/bbl for the first time since 2022 as the escalating US-Iran war threatens critical energy flows through the Middle East. Hopes for a near-term de-escalation faded on Friday after US President Trump stated that only an unconditional surrender would be acceptable, heightening concerns that the conflict could become prolonged. Tensions intensified further on Monday, Mar. 9, when Iran launched new attacks on Israel and several Gulf states just hours after declaring Mojtaba Khamenei as the country’s new supreme leader. Analysts warn that a sustained disruption of shipments through the Strait of Hormuz could trigger a severe tightening of global crude supplies and send prices significantly higher. Vikas Dwivedi, global energy strategist at Macquarie Group, said the market could move rapidly into a supply-shock environment if hostilities continue without a diplomatic resolution. “In our analysis, a few weeks of Hormuz closure will create a domino effect of events that could push crude to $150/bbl or higher,” Dwivedi said in a market note. Dwivedi added that without a ceasefire or negotiated agreement, the global oil market could begin to “break in days rather than weeks or months,” as supply disruptions cascade through the region’s production and export systems. Although the Strait of Hormuz has effectively become inaccessible for many tankers due to escalating security risks, Middle East loadings have so far remained relatively resilient. However, reports of production shut-ins have begun to emerge across parts of the region, including Iraq, Kuwait, and Qatar (LNG). If the disruption persists, broader waves of production curtailments could unfold over the coming week. Macquarie analysts believe the final cuts would occur in Saudi Arabia roughly 20 days from now. Shipping risks, oil and beyond  Security risks around the Strait of Hormuz remain a major constraint on shipping. Even with elevated insurance

Read More »

Infinity more likely to add frac crews than third rig in 2026

Infinity Natural Resources Inc., Morgantown, plans to add a second rig to its operations this spring as it builds on the December acquisition of some Ohio Utica assets from Antero Resources. But executives said Mar. 11 they’re more likely to add fracturing crews than a third rig this year should oil prices stay at higher levels. Infinity, led by president and chief executive officer Zack Arnold, 3 months ago paid roughly $1.2 billion for upstream and midstream assets in Ohio that peers at Antero were divesting as part of their purchase of HG Energy II assets in the Marcellus basin. In the second quarter, Infinity will begin operating a rig in the former Antero footprint and Arnold said he expects the company will maintain that count for the rest of the year. “We are cognizant of our portfolio and the returns that we have,” Arnold said on a conference call discussing Infinity’s fourth-quarter results and 2026 outlook. “We’re probably more likely to maybe consider additional frac crews […] than drilling rigs at this stage. But it’s difficult to say […] Three weeks ago, oil prices were a little bit different.” Arnold said the team has flexibility “to do the right things” should commodity prices support further investment and could tweak the oil-natural gas priorities in a 2026 plan that today calls for 72% of drilling activity to be in Ohio with the remainder in Pennsylvania. The goal is to turn in line about 30 wells (gross) this year—10 of which will be at the recently acquired assets—and have 2026 total net production grow to 345-375 MMcfed, of which liquids and oil will be 18,000-20,000 b/d. In the fourth quarter, that figure was 272 MMcfed.

Read More »

The Iran war: Regional geopolitics, oil, and natural gas

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Read More »

Assala Energy encounters hydrocarbons onshore Gabon

@import url(‘https://fonts.googleapis.com/css2?family=Inter:[email protected]&display=swap’); a { color: var(–color-primary-main); } .ebm-page__main h1, .ebm-page__main h2, .ebm-page__main h3, .ebm-page__main h4, .ebm-page__main h5, .ebm-page__main h6 { font-family: Inter; } body { line-height: 150%; letter-spacing: 0.025em; font-family: Inter; } button, .ebm-button-wrapper { font-family: Inter; } .label-style { text-transform: uppercase; color: var(–color-grey); font-weight: 600; font-size: 0.75rem; } .caption-style { font-size: 0.75rem; opacity: .6; } #onetrust-pc-sdk [id*=btn-handler], #onetrust-pc-sdk [class*=btn-handler] { background-color: #c19a06 !important; border-color: #c19a06 !important; } #onetrust-policy a, #onetrust-pc-sdk a, #ot-pc-content a { color: #c19a06 !important; } #onetrust-consent-sdk #onetrust-pc-sdk .ot-active-menu { border-color: #c19a06 !important; } #onetrust-consent-sdk #onetrust-accept-btn-handler, #onetrust-banner-sdk #onetrust-reject-all-handler, #onetrust-consent-sdk #onetrust-pc-btn-handler.cookie-setting-link { background-color: #c19a06 !important; border-color: #c19a06 !important; } #onetrust-consent-sdk .onetrust-pc-btn-handler { color: #c19a06 !important; border-color: #c19a06 !important; } Assala Energy encountered hydrocarbons in an exploration well in Gabon and will now work to interpret well results and additional appraisal activity.   The company encountered hydrocarbons in the Magoga-A exploration well in the Mutamba Iroru license II and subsequent sidetrack into the Atora license in Gabon. Both Magog wells drilled the full reservoir interval. Preliminary evaluation of data acquired during drilling indicates the presence of 8 m of hydrocarbon within the Gamba Sandstone formation. The company will work to integrate and interpret the well results and assess reservoir properties, fluid characteristics, volumetric potential and possible next steps, including any appropriate additional appraisal activity. A determination has not yet been made regarding commerciality, and no decision has been taken regarding development. Assala Gabon holds six onshore production licenses: Rabi Kounga II, Toucan II, Bende M’Bassou Totou II, Koula/Damier, Gamba/lvinga, and Atora II.

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Gulf of Mexico lease sale draws just under $47 million in high bids

The BBG2 lease sale for drilling rights in the US Gulf of Mexico resulted in $46.98 million in high bids from oil and gas companies, the US Bureau of Ocean Energy Management said Mar. 11. Results of BBG2, the second of 30 US Gulf lease sales required under the One Big Beautiful Bill Act (OBBBA), stand in contrast to the most recent lease sale held in December 2025 (BBG1) that drew $279.4 million in apparent high bids. BOEM applied a 12.5% royalty rate for both shallow and deepwater leases.  On offer were 15,019 unleased blocks covering about 80.4 million acres on the US Outer Continental Shelf. The blocks lie 3-231 miles offshore, spanning water depths from 9 ft to more than 11,100 ft. BOEM received a total of 38 bids totaling $69.8 million from the 13 companies participating. Twenty five blocks spanning 140,753 acres received high bids. The majority of the blocks that received bids—18 of 25—were for those in deep water of 800-1,600 m. Four blocks in ultradeep waters over 1,600 m received bids. BP Exploration & Production Inc. submitted the lease sale’s highest bid—a $21-million bid for Block 404 in the Green Canyon area. Chevron followed with a submission of $5.89 million for Green Canyon Block 492.  The deepest block to receive a bid was Walker Ridge Block 751 in 2,660 m of water. Woodside Energy (Deepwater) Inc. bid $806,290 for the block. BOEM said Anadarko US Offshore LLC submitted the most high bids with 6 for a total of $4.01 million. LLOG Exploration Offshore LLC took second place with 5 high bids totaling $2.15 million. Houston Energy LP also had 5 total high bids for a total of $1.16 million. The top three companies based on the sum of high bids submitted are BP Exploration & Production

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Petrobras starts gas injection at Búzios field

Petróleo Brasileiro SA (Petrobras) started gas injection for the P-78 FPSO in Búzios field, Santos basin, about 180-230 km off the coast of Rio de Janeiro, Brazil. The vessel is permanently spread moored at a water depth of about 2,100 m. It is designed to produce up to 180,000 b/d of oil, 7.2 million cu m/d of gas, and features a minimum storage capacity of 2 million bbl. Seatrium Ltd. performed topside fabrication, integration, and commissioning activities for the FPSO. The company readied critical systems for gas injection including the main process compressors, export compressors, and gas injection compressors. First gas injection occurred within 61 days of achieving first oil on Dec. 31, 2025. The next major project milestone is completion of the delivery phase and final acceptance of the vessel by Petrobras. With the P-78 coming online, installed capacity of the field will expand to about 1.15 million b/d. The project also enables gas exports to the continent via connection to the Rota 3 gas pipeline, increasing Brazil’s gas supply by up to 3 million cu m/d.

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IEA: Middle East war triggers the largest supply disruption in history

The war in the Middle East is creating the largest supply disruption in the history of the global oil market, the International Energy Agency (IEA) said in its March issue Oil Market Monthly Report (OMR). Crude and product flows through the Strait of Hormuz have collapsed from about 20 million b/d before the conflict to only a trickle, while limited alternative export capacity and rising storage levels have forced Gulf producers to cut oil output by at least 10 million b/d, IEA said. Unless tanker traffic resumes quickly, supply losses are likely to deepen. Global oil supply is expected to fall by 8 million b/d in March, as sharp curtailments in the Middle East are only partly offset by higher production from non-OPEC+ countries, as well as Kazakhstan and Russia following earlier disruptions this year. Although the extent of the losses will depend on how long the conflict and shipping disruptions last, global oil supply is still projected to increase by 1.1 million b/d on average in 2026, with all of that growth coming from non-OPEC+ producers. The conflict is also severely disrupting global petroleum product markets. Export flows through Hormuz have nearly ground to a halt, even though Gulf producers shipped 3.3 million b/d of refined products and 1.5 million b/d of LPG in 2025. More than 3 million b/d of refining capacity in the region has already shut down because of attacks and the loss of viable export routes, while refiners elsewhere may also face constraints as feedstock availability tightens. Oil market, economy impact In response, IEA member countries agreed unanimously on Mar. 11 to release 400 million bbl of emergency oil stocks to help ease market disruptions caused by the war. Global observed oil inventories stood at 8.21 billion bbl in January, the highest level since February

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Poll results: Offshore investment momentum

@import url(‘https://fonts.googleapis.com/css2?family=Inter:[email protected]&display=swap’); a { color: var(–color-primary-main); } .ebm-page__main h1, .ebm-page__main h2, .ebm-page__main h3, .ebm-page__main h4, .ebm-page__main h5, .ebm-page__main h6 { font-family: Inter; } body { line-height: 150%; letter-spacing: 0.025em; font-family: Inter; } button, .ebm-button-wrapper { font-family: Inter; } .label-style { text-transform: uppercase; color: var(–color-grey); font-weight: 600; font-size: 0.75rem; } .caption-style { font-size: 0.75rem; opacity: .6; } #onetrust-pc-sdk [id*=btn-handler], #onetrust-pc-sdk [class*=btn-handler] { background-color: #c19a06 !important; border-color: #c19a06 !important; } #onetrust-policy a, #onetrust-pc-sdk a, #ot-pc-content a { color: #c19a06 !important; } #onetrust-consent-sdk #onetrust-pc-sdk .ot-active-menu { border-color: #c19a06 !important; } #onetrust-consent-sdk #onetrust-accept-btn-handler, #onetrust-banner-sdk #onetrust-reject-all-handler, #onetrust-consent-sdk #onetrust-pc-btn-handler.cookie-setting-link { background-color: #c19a06 !important; border-color: #c19a06 !important; } #onetrust-consent-sdk .onetrust-pc-btn-handler { color: #c19a06 !important; border-color: #c19a06 !important; } Offshore projects require significant capital and long timelines. Investors are weighing deepwater opportunities against shallower developments, balancing high returns with operational and regulatory risk. Oil & Gas Journal conducted a poll across OGJ.com, its social media channels, and the OGJ Daily e-newsletter Feb. 13-Feb. 27 to gather reader thoughts offshore investments. For the February poll, we asked participants which offshore segment has the strongest investment momentum over the next 2–3 years. Here are a few highlights. Segment outlook A total of 79% of respondents said the deepwater segment holds the highest potential for investment over the coming years. A much smaller percentage (13%) said shallow water offered the best investment momentum. Eight percent of respondents said caution was top of mind and that neither the deepwater segment nor the shallow water segment would see strong momentum. Who responded Engineering and technical professionals represented the largest share of respondents (33%), followed by corporate management roles (25%). Another 25% identified as superintendent/field professional/foreman. The majority of participants noted their involvement with an oil and gas company (42%) or a contractor company (17%). Another 17% reported their involvement in a service/supply company,

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Trump administration taps emergency oil reserves to address rising oil prices, market disruptions

The Trump administration said Wednesday, Mar. 11, that it will release 172 million bbl of crude from the US Strategic Petroleum Reserve (SPR), part of a broader International Energy Agency (IEA) effort to release 400 million bbl from emergency stockpiles to ease oil prices that surged after the US launched its war against Iran. President Trump said the move is intended to help lower prices, while Energy Secretary Chris Wright said drawdowns will begin next week and continue for about 120 days. The decision marks a reversal from the administration’s earlier reluctance to tap the SPR. Oil prices have climbed sharply as Iranian attacks on tankers in the Strait of Hormuz disrupted flows through the key chokepoint. Despite the announcement, US crude futures continued to rise, nearing $94/bbl in evening trading. The SPR currently holds about 415 million bbl, or less than 59% of capacity. Wright said the administration plans to replace the released barrels with 200 million bbl over the next year, arguing the action balances near-term market needs with long-term energy security. Although the SPR is designed to release up to 4.4 million b/d, analysts say actual flows are likely to fall well short of that ceiling based on physical constraints and historical precedent, with even optimistic estimates topping out around 2 million b/d.

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LG rolls out new AI services to help consumers with daily tasks

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More LG kicked off the AI bandwagon today with a new set of AI services to help consumers in their daily tasks at home, in the car and in the office. The aim of LG’s CES 2025 press event was to show how AI will work in a day of someone’s life, with the goal of redefining the concept of space, said William Joowan Cho, CEO of LG Electronics at the event. The presentation showed LG is fully focused on bringing AI into just about all of its products and services. Cho referred to LG’s AI efforts as “affectionate intelligence,” and he said it stands out from other strategies with its human-centered focus. The strategy focuses on three things: connected devices, capable AI agents and integrated services. One of things the company announced was a strategic partnership with Microsoft on AI innovation, where the companies pledged to join forces to shape the future of AI-powered spaces. One of the outcomes is that Microsoft’s Xbox Ultimate Game Pass will appear via Xbox Cloud on LG’s TVs, helping LG catch up with Samsung in offering cloud gaming natively on its TVs. LG Electronics will bring the Xbox App to select LG smart TVs. That means players with LG Smart TVs will be able to explore the Gaming Portal for direct access to hundreds of games in the Game Pass Ultimate catalog, including popular titles such as Call of Duty: Black Ops 6, and upcoming releases like Avowed (launching February 18, 2025). Xbox Game Pass Ultimate members will be able to play games directly from the Xbox app on select LG Smart TVs through cloud gaming. With Xbox Game Pass Ultimate and a compatible Bluetooth-enabled

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Big tech must stop passing the cost of its spiking energy needs onto the public

Julianne Malveaux is an MIT-educated economist, author, educator and political commentator who has written extensively about the critical relationship between public policy, corporate accountability and social equity.  The rapid expansion of data centers across the U.S. is not only reshaping the digital economy but also threatening to overwhelm our energy infrastructure. These data centers aren’t just heavy on processing power — they’re heavy on our shared energy infrastructure. For Americans, this could mean serious sticker shock when it comes to their energy bills. Across the country, many households are already feeling the pinch as utilities ramp up investments in costly new infrastructure to power these data centers. With costs almost certain to rise as more data centers come online, state policymakers and energy companies must act now to protect consumers. We need new policies that ensure the cost of these projects is carried by the wealthy big tech companies that profit from them, not by regular energy consumers such as family households and small businesses. According to an analysis from consulting firm Bain & Co., data centers could require more than $2 trillion in new energy resources globally, with U.S. demand alone potentially outpacing supply in the next few years. This unprecedented growth is fueled by the expansion of generative AI, cloud computing and other tech innovations that require massive computing power. Bain’s analysis warns that, to meet this energy demand, U.S. utilities may need to boost annual generation capacity by as much as 26% by 2028 — a staggering jump compared to the 5% yearly increases of the past two decades. This poses a threat to energy affordability and reliability for millions of Americans. Bain’s research estimates that capital investments required to meet data center needs could incrementally raise consumer bills by 1% each year through 2032. That increase may

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Final 45V hydrogen tax credit guidance draws mixed response

Dive Brief: The final rule for the 45V clean hydrogen production tax credit, which the U.S. Treasury Department released Friday morning, drew mixed responses from industry leaders and environmentalists. Clean hydrogen development within the U.S. ground to a halt following the release of the initial guidance in December 2023, leading industry participants to call for revisions that would enable more projects to qualify for the tax credit. While the final rule makes “significant improvements” to Treasury’s initial proposal, the guidelines remain “extremely complex,” according to the Fuel Cell and Hydrogen Energy Association. FCHEA President and CEO Frank Wolak and other industry leaders said they look forward to working with the Trump administration to refine the rule. Dive Insight: Friday’s release closed what Wolak described as a “long chapter” for the hydrogen industry. But industry reaction to the final rule was decidedly mixed, and it remains to be seen whether the rule — which could be overturned as soon as Trump assumes office — will remain unchanged. “The final 45V rule falls short,” Marty Durbin, president of the U.S. Chamber’s Global Energy Institute, said in a statement. “While the rule provides some of the additional flexibility we sought, … we believe that it still will leave billions of dollars of announced projects in limbo. The incoming Administration will have an opportunity to improve the 45V rules to ensure the industry will attract the investments necessary to scale the hydrogen economy and help the U.S. lead the world in clean manufacturing.” But others in the industry felt the rule would be sufficient for ending hydrogen’s year-long malaise. “With this added clarity, many projects that have been delayed may move forward, which can help unlock billions of dollars in investments across the country,” Kim Hedegaard, CEO of Topsoe’s Power-to-X, said in a statement. Topsoe

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Texas, Utah, Last Energy challenge NRC’s ‘overburdensome’ microreactor regulations

Dive Brief: A 69-year-old Nuclear Regulatory Commission rule underpinning U.S. nuclear reactor licensing exceeds the agency’s statutory authority and creates an unreasonable burden for microreactor developers, the states of Texas and Utah and advanced nuclear technology company Last Energy said in a lawsuit filed Dec. 30 in federal court in Texas. The plaintiffs asked the Eastern District of Texas court to exempt Last Energy’s 20-MW reactor design and research reactors located in the plaintiff states from the NRC’s definition of nuclear “utilization facilities,” which subjects all U.S. commercial and research reactors to strict regulatory scrutiny, and order the NRC to develop a more flexible definition for use in future licensing proceedings. Regardless of its merits, the lawsuit underscores the need for “continued discussion around proportional regulatory requirements … that align with the hazards of the reactor and correspond to a safety case,” said Patrick White, research director at the Nuclear Innovation Alliance. Dive Insight: Only three commercial nuclear reactors have been built in the United States in the past 28 years, and none are presently under construction, according to a World Nuclear Association tracker cited in the lawsuit. “Building a new commercial reactor of any size in the United States has become virtually impossible,” the plaintiffs said. “The root cause is not lack of demand or technology — but rather the [NRC], which, despite its name, does not really regulate new nuclear reactor construction so much as ensure that it almost never happens.” More than a dozen advanced nuclear technology developers have engaged the NRC in pre-application activities, which the agency says help standardize the content of advanced reactor applications and expedite NRC review. Last Energy is not among them.  The pre-application process can itself stretch for years and must be followed by a formal application that can take two

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Qualcomm unveils AI chips for PCs, cars, smart homes and enterprises

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Qualcomm unveiled AI technologies and collaborations for PCs, cars, smart homes and enterprises at CES 2025. At the big tech trade show in Las Vegas, Qualcomm Technologies showed how it’s using AI capabilities in its chips to drive the transformation of user experiences across diverse device categories, including PCs, automobiles, smart homes and into enterprises. The company unveiled the Snapdragon X platform, the fourth platform in its high-performance PC portfolio, the Snapdragon X Series, bringing industry-leading performance, multi-day battery life, and AI leadership to more of the Windows ecosystem. Qualcomm has talked about how its processors are making headway grabbing share from the x86-based AMD and Intel rivals through better efficiency. Qualcomm’s neural processing unit gets about 45 TOPS, a key benchmark for AI PCs. The Snapdragon X family of AI PC processors. Additionally, Qualcomm Technologies showcased continued traction of the Snapdragon X Series, with over 60 designs in production or development and more than 100 expected by 2026. Snapdragon for vehicles Qualcomm demoed chips that are expanding its automotive collaborations. It is working with Alpine, Amazon, Leapmotor, Mobis, Royal Enfield, and Sony Honda Mobility, who look to Snapdragon Digital Chassis solutions to drive AI-powered in-cabin and advanced driver assistance systems (ADAS). Qualcomm also announced continued traction for its Snapdragon Elite-tier platforms for automotive, highlighting its work with Desay, Garmin, and Panasonic for Snapdragon Cockpit Elite. Throughout the show, Qualcomm will highlight its holistic approach to improving comfort and focusing on safety with demonstrations on the potential of the convergence of AI, multimodal contextual awareness, and cloudbased services. Attendees will also get a first glimpse of the new Snapdragon Ride Platform with integrated automated driving software stack and system definition jointly

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Oil, Gas Execs Reveal Where They Expect WTI Oil Price to Land in the Future

Executives from oil and gas firms have revealed where they expect the West Texas Intermediate (WTI) crude oil price to be at various points in the future as part of the fourth quarter Dallas Fed Energy Survey, which was released recently. The average response executives from 131 oil and gas firms gave when asked what they expect the WTI crude oil price to be at the end of 2025 was $71.13 per barrel, the survey showed. The low forecast came in at $53 per barrel, the high forecast was $100 per barrel, and the spot price during the survey was $70.66 per barrel, the survey pointed out. This question was not asked in the previous Dallas Fed Energy Survey, which was released in the third quarter. That survey asked participants what they expect the WTI crude oil price to be at the end of 2024. Executives from 134 oil and gas firms answered this question, offering an average response of $72.66 per barrel, that survey showed. The latest Dallas Fed Energy Survey also asked participants where they expect WTI prices to be in six months, one year, two years, and five years. Executives from 124 oil and gas firms answered this question and gave a mean response of $69 per barrel for the six month mark, $71 per barrel for the year mark, $74 per barrel for the two year mark, and $80 per barrel for the five year mark, the survey showed. Executives from 119 oil and gas firms answered this question in the third quarter Dallas Fed Energy Survey and gave a mean response of $73 per barrel for the six month mark, $76 per barrel for the year mark, $81 per barrel for the two year mark, and $87 per barrel for the five year mark, that

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Building a strong data infrastructure for AI agent success

In partnership withSAP In the race to adopt and show value from AI, enterprises are moving faster than ever to deploy agentic AI as copilots, assistants, and autonomous task-runners. In late 2025, nearly two-thirds of companies were experimenting with AI agents, while 88% were using AI in at least one business function, up from 78% in 2024, according to McKinsey’s annual AI report. Yet, while early pilots often succeed, only one in 10 companies actually scaled their AI agents. One major issue: AI agents are only as effective as the data foundation supporting them. Experts argue that most companies are seeing delays in implementing AI, not because of shortcomings in the models, but because they lack data architectures that deliver business context to be reliably used by humans and agents. Companies need to be ready with the right data architecture, and the next few months — years, at most — will be critical, says Irfan Khan, president and chief product officer of SAP Data & Analytics. “The only prediction anybody can reliably make is that we don’t know what’s going to happen in the years, months — or even weeks — ahead with AI,” he says. “To be able to get quick wins right now, you need to adopt an AI mindset and … ground your AI models with reliable data.”
While data has always been important for business, it will be even more so in the age of AI. The capabilities of agentic AI will be set more by the soundness of enterprise data architecture and governance, and less by the evolution of the models. To scale the technology, businesses need to adopt a modern data infrastructure that delivers context along with the data. More business context, not necessarily more data Traditional views often conflate structured data with high value, and unstructured data with less value. However, AI complicates that distinction. High-value data for agents is defined less by format and more by business context. Data for critical business functions — such as supply-chain operations and financial planning — is context dependent. While fine-grained, high-volume data, such as IoT, logs, and telemetry, can yield value, but only when delivered with business context.
For that reason, the real risk for agentic AI is not lack of data, but lack of grounding, says Khan. “Anything that is business contextual will, by definition, give you greater value and greater levels of reliability of the business outcome,” he says. “It’s not as simple as saying high-value data is structured data and low-value data is where you have lots of repetition — both can have huge value in the right hands, and that’s what’s different about AI.” Context can be derived through integration with software, on-site analysis and enrichment, or through the governance pipeline. Data lacking those qualities will likely be untrusted — one reason why two-thirds of business leaders do not fully trust their data, according to the Institute for Data and Enterprise AI (IDEA). The resulting “trust debt” has held back businesses in their quest for AI readiness. Overcoming that lack of trust requires shared definitions, semantic consistency, and reliable operational context to align data with business meaning. Data sprawl demands a semantic, business-aware layer Over the past decade, the most important shift in enterprise data architecture has been the separation of compute and storage, cloud-scale flexibility, says Khan. Yet, that separation and move to cloud also created sprawl, with data housed in multiple clouds, data lakes, warehouses, and a multitude of SaaS applications. As companies move to AI, that sprawl does not go away. In fact, the problem is growing with more than two-thirds of companies citing data siloes as a top challenge in adopting AI, with more than half of enterprises struggling with 1,000 data sources or more. While the last era was about laying the foundation on which to build software-as-a-service — separating compute and storage and building lakes — the next era is about delivering the right data to autonomous AI agents tasked with various business functions. “Probably the biggest innovation that occurred in data management was the separation of compute and store,” Khan says. “But what’s really making a distinction now is the way that we harmonize the data and harvest the value of the data across multiple sources of content.” To do that requires a semantic or knowledge layer that supports multiple platforms, encodes business rules and relationships, provides a business-contextual and governed view of data, and allows humans and agents to access the data in the appropriate ways. But legacy data architectures cannot power the autonomous AI systems of the future, consultancy Deloitte stated in its State of AI in the Enterprise report. Only four in 10 companies believe their data management process is ready for AI, and that’s down from 43% the previous year, suggesting that as companies explore AI deployment, they are realizing their infrastructure’s shortcomings. Agentic AI does not replace SaaS Some investors and technologists speculate that AI agents will make SaaS applications obsolete. Khan strongly disagrees. Over the past 15 years, value has steadily moved up the stack, from on-premises infrastructure to infrastructure as a service (IaaS) to platform as a service (PaaS) to SaaS. Agentic AI is simply the next layer. Agentic AI will have its own layer to access the data and interact with the business logic. The value rises up the stack, but nothing below disappears, he says.

“SaaS doesn’t go away,” he says. “It just means SaaS and these agents will cooperate with one another. Companies are not going to throw away their entire general ledger and replace it with an agent. What’s the agent going to do? It doesn’t know anything without business context and business processing.” In this emerging model, the software stack is being reshaped so that applications and data provide governed context within which AI can act effectively. SaaS applications remain the systems of record, while the semantic layer becomes the business-context source of truth. AI agents become a new engagement layer, orchestrating across systems, and both humans and agents become “first-class citizens” in how they access business logic, he says. Critically, agents cannot directly connect to every operational system. “If we’re saying agents are going to take over the world … you can’t have an agent talking to every operational backend system,” Khan warns. “It just doesn’t work that way.” This further elevates the importance of a semantic or business-fabric layer. Where to start Most enterprises need to begin where their data already lives — in platforms like Snowflake, Databricks, Google BigQuery, or an existing SAP environment. Khan says that’s normal, but warns against rebuilding old patterns of vendor lock-in. He suggests that companies prioritize the data that matters most by focusing on preserving and providing business context to operational and application data. Companies should also invest early in governance and semantics by defining shared policies, access rules, and semantic models before scaling pilots. Finally, businesses should prioritize openness and fabric-style interoperability rather than forcing all data into one stack. Khan cautions against aiming for full automation too early. “There is a new brave opportunity to really engage in the agentic and AI world,” Khan says, “Fully automating [critical business processes] is maybe a stretch, because there’s going to be a lot of extra oversight necessary.” Early wins will likely come from less-critical processes and from agents that work off fresh, stateful data rather than stale dashboards, he adds. As AI begins to deliver value and adoption increases, leaders must decide how to reinvest those gains to drive top-line efficiency or enter new markets. This content was produced by Insights, the custom content arm of MIT Technology Review. It was not written by MIT Technology Review’s editorial staff. It was researched, designed, and written by human writers, editors, analysts, and illustrators. This includes the writing of surveys and collection of data for surveys. AI tools that may have been used were limited to secondary production processes that passed thorough human review.

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Pragmatic by design: Engineering AI for the real world

In partnership withL&T Technology Services The impact of artificial intelligence extends far beyond the digital world and into our everyday lives, across the cars we drive, the appliances in our homes, and medical devices that keep people alive. More and more, product engineers are turning to AI to enhance, validate, and streamline the design of the items that furnish our worlds. The use of AI in product engineering follows a disciplined and pragmatic trajectory. A significant majority of engineering organizations are increasing their AI investment, according to our survey, but they are doing so in a measured way. This approach reflects the priorities typical of product engineers. Errors have concrete consequences beyond abstract fears, ranging from structural failures to safety recalls and even potentially putting lives at risk. The central challenge is realizing AI’s value without compromising product integrity. Drawing on data from a survey of 300 respondents and in-depth interviews with senior technology executives and other experts, this report examines how product engineering teams are scaling AI, what is limiting broader adoption, and which specific capabilities are shaping adoption today and, in the future, with actual or potential measurable outcomes. Key findings from the research include:
Verification, governance, and explicit human accountability are mandatory in an environment where the outputs are physical—and the risk high. Where product engineers are using AI to directly inform physical designs, embedded systems, and manufacturing decisions that are fixed at release, product failures can lead to real-world risks that cannot be rolled back. Product engineers are therefore adopting layered AI systems with distinct trust thresholds instead of general-purpose deployments. Predictive analytics and AI-powered simulation and validation are the top near-term investment priorities for product engineering leaders. These capabilities—selected by a majority of survey respondents—offer clear feedback loops, allowing companies to audit performance, attain regulatory approval, and prove return on investment (ROI). Building gradual trust in AI tools is imperative.
Nine in ten product engineering leaders plan to increase investment in AI in the next one to two years, but the growth is modest. The highest proportion of respondents (45%) plan to increase investment by up to 25%, while nearly a third favor a 26% to 50% boost. And just 15% plan a bigger step change—between 51% and 100%. The focus for product engineers is on optimization over innovation, with scalable proof points and near-term ROI the dominant approach to AI adoption, as opposed to multi-year transformation. Sustainability and product quality are top measurable outcomes for AI in product engineering. These outcomes, visible to customers, regulators, and investors, are prioritized over competitive metrics like time to-market and innovation—rated of medium importance—and internal operational gains like cost reduction and workforce satisfaction, at the bottom. What matters most are real-world signals like defect rates and emissions profiles rather than internal engineering dashboards. Download the report. This content was produced by Insights, the custom content arm of MIT Technology Review. It was not written by MIT Technology Review’s editorial staff. It was researched, designed, and written by human writers, editors, analysts, and illustrators. This includes the writing of surveys and collection of data for surveys. AI tools that may have been used were limited to secondary production processes that passed thorough human review.

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The Download: Early adopters cash in on China’s OpenClaw craze, and US batteries slump

Plus: Iran names US tech giants as potential targets. 
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Hustlers are cashing in on China’s OpenClaw AI craze  In January, Beijing-based software engineer Feng Qingyang started tinkering with OpenClaw, a new AI tool that can take over a device and autonomously complete tasks. Within weeks, he was advertising “OpenClaw installation support” on a second-hand shopping site. Today, his side gig is a fully-fledged business with over 100 employees and 7,000 completed orders.  Feng is among a small cohort of savvy early adopters making serious cash from China’s OpenClaw craze. As users with little technical background want in, a cottage industry of installation services and preconfigured hardware has sprung up. The rise of these tinkerers shows just how eager the general public in China is to adopt cutting-edge AI—despite huge security risks. Read the full story.  —Caiwei Chen 
Brutal times for the US battery industry  Another battery business has fallen: 24M Technologies, once worth over $1 billion, is reportedly shutting down.  Just a few years ago, the industry was hot, hot, hot. Countless companies were popping up, with shiny new chemistries and huge funding rounds. But now, the tide has turned. Businesses are failing, investors are pulling back, and batteries, especially for EVs, aren’t looking so hot anymore.  
There are bright spots. China’s battery industry is thriving, and US stationary storage remains resilient. But it feels as if everyone is short on money these days, and as purse strings tighten, there’s less interest in novel ideas.  This story is from The Spark, our weekly climate newsletter. Sign up to receive it in your inbox every Wednesday.  —Casey Crownhart  The must-reads  I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology.  1 Iran has put US tech giants on a list of potential targets The companies include Google, Microsoft, Palantir, IBM, Nvidia, and Oracle. (Al Jazeera)  + Pro-Iran hackers have launched their first major strike on a US firm during the war. (CNN) + AI is warping perceptions of the conflict. (MIT Technology Review)   2 Grammarly is being sued for turning real people into AI-generated experts A journalist has filed a lawsuit over her inclusion as a writing analyst. (Wired $) + Grammarly has now disabled the ‘Expert Review’ feature. (Engadget)  + Here’s what’s next for AI copyright lawsuits. (MIT Technology Review)  3 Professors are losing the fight to protect critical thinking from AI They describe the tech as an “existential threat.”(The Guardian) + Silicon Valley’s dream of an AI classroom faces a skeptical reality. (MIT Technology Review)  4 Big tech is backing Anthropic in its fight against the Trump administration  Google, Amazon, Apple, and Microsoft are publicly supporting its legal action. (BBC) + Is this an Oppenheimer moment for Anthropic? (The Atlantic $)  5 A Cybertruck owner has sued Tesla over a self-driving crash  He called the company “negligent” for retaining Elon Musk as CEO. (Electrek)  + Tech has sparked a new wave of theft in the luxury car industry. (MIT Technology Review)  6 Is “AI-washing” providing cover for massive corporate layoffs? The tech isn’t ready to replace workers, but the layoffs are happening anyway. (The Atlantic)  + Software giant Atlassian is slashing 10% of its workforce ahead of an AI push. (The Guardian) + At least lawyers’ jobs look safer than first feared. (MIT Technology Review)  7 Software giants claim they’re not worried that AI will destroy them Oracle and Salesforce CEOs have dismissed fears of an “SaaS-pocalypse.” (Reuters)  8 Lab-grown brains have started solving engineering problems Scientists trained the organoid to decode an engineering task. (Popular Mechanics) + Other organoids are being impregnated with human embryos. (MIT Technology Review)  9 English-language music is losing its grip on Spotify The variety of languages in its top 50 songs has doubled since 2020. (BBC)  10 AI is redrawing the boundaries of physics It’s blurring the boundaries between a machine and a researcher. (The Economist $)   Quote of the day 

“Elon Musk is an aggressive and irresponsible salesman, who has a long history of making dangerous design choices and over-promising the features of his products.” —A lawsuit over Tesla’s Full Self-Driving mode takes aim at the company’s CEO, Gizmodo reports. One More Thing This town’s mining battle reveals the contentious path to a cleaner future  ACKERMAN + GRUBER In a tiny Minnesota town, an exploratory mining company called Talon plans to dig up as much as 725,000 metric tons of raw ore per year.  It says the site will help power a greener future for the US by producing the nickel needed for EV batteries. But many local citizens aren’t eager for major mining operations near their towns.   The tensions have created a test case for conflicts between local environmental concerns and global climate goals. Read the full story.  —James Temple 
We can still have nice things  A place for comfort, fun and distraction to brighten up your day. (Got any ideas? Drop me a line.) + Mario is finally getting a LEGO minifigure.  + This new social platform boldly aims to burst filter bubbles. + NASA is backing DSLR cameras by taking a trusty old Nikon D5 to the moon. + This nuclear escalation simulator helped me learn to stop worrying and love the bomb. 

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Brutal times for the US battery industry

Just a few years ago, the battery industry was hot, hot, hot. There was a seemingly infinite number of companies popping up, with shiny new chemistries and massive fundraising rounds. My biggest problem was sifting through the pile to pick the most exciting news to cover. That tide has turned, and in 2026, what seems to be in unlimited supply isn’t battery success stories but stumbles or straight-up implosions. Companies are failing, investors are pulling back, and batteries, especially for EVs, aren’t looking so hot anymore. On Monday, Steve Levine at The Information (paywalled link) reported that 24M Technologies, a battery company founded in 2010, was shutting down and would auction off its property. The company itself has been silent, but this is the latest in a string of bad signs, and it’s a big one—at one point 24M was worth over $1 billion, and the company’s innovations could have worked with existing technology. So where does that leave the battery industry? Many buzzy battery startups in recent years have been trying to sell some new, innovative chemistry to compete with lithium-ion batteries, the status quo that powers phones, laptops, electric vehicles, and even grid storage arrays today. Think sodium-ion batteries and solid-state cells.
24M wasn’t trying to sell a departure from lithium-ion but improvements that could work with the tech. One of the company’s major innovations was its manufacturing process, which involved essentially smearing materials onto sheets of metal to form the electrodes, a simpler and potentially cheaper technique than the standard one.  The layers in the company’s batteries were thicker, which cut down on some of the inactive materials in cells and improved the energy density. That allows more energy to be stored in a smaller package, boosting the range of EVs—the company famously had a goal of a 1,000-mile battery (about 1,600 kilometers).
We’re still thin on details of what exactly went down at 24M and what comes next for its tech. The company didn’t get back to my questions sent to the official press email, and nobody picked up the phone when I called. 24M cofounder and MIT professor Yet-Ming Chiang declined to speak on the record. For those who have been closely following the battery industry, more bad news isn’t too surprising. It feels as if everyone is short on money these days, and as purse strings tighten, there’s less interest in novel ideas. “It just feels like there’s not a lot of appetite for innovation,” says Kara Rodby, a technical principal at Volta Energy Technologies, a venture capital firm that focuses on the energy storage industry. Natron Energy, one of the leading sodium-ion startups in the US, shut down operations in September last year. Ample, an EV battery-swapping company, filed for bankruptcy in December 2025.   There were always going to be failures from the recent battery boom. Money was flowing to all sorts of companies, some pitching truly wild ideas. But what recent months have made clear is that the battery market is turning brutal, even for the relatively safe bets. Because 24M’s technology was designed to work into existing lithium-ion chemistry, it could have been an attractive candidate for existing battery companies to license or even acquire. “It’s a great example of something that should have been easier,” Rodby says.   The gutting of major components of the Inflation Reduction Act, key legislation in the US that provided funding and incentives for batteries and EVs, certainly hasn’t helped. The EV market in the US is cooling off, with automakers canceling EV models and slashing factory plans. There are bright spots. China’s battery industry is thriving, and its battery and EV giants are looking ever more dominant. The market for stationary energy storage is also still seeing positive signs of growth, even in the US.  But overall, it’s not looking great.  This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. 

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Hustlers are cashing in on China’s OpenClaw AI craze

Feng Qingyang had always hoped to launch his own company, but he never thought this would be how—or that the day would come this fast.  Feng, a 27-year-old software engineer based in Beijing, started tinkering with OpenClaw, a popular new open-source AI tool that can take over a device and autonomously complete tasks for a user,  in January. He was immediately hooked, and before long he was helping other curious tech workers with less technical proficiency install the AI agent. Feng soon realized this could be a lucrative opportunity. By the end of January, he had set up a page on Xianyu, a secondhand shopping site, advertising “OpenClaw installation support.” “No need to know coding or complex terms. Fully remote,” reads the posting. “Anyone can quickly own an AI assistant, available within 30 minutes.”  At the same time, the broader Chinese public was beginning to catch on—and the tool, which had begun as a niche interest among tech workers, started to evolve into a popular sensation.
Feng quickly became inundated with requests, and he started chatting with customers and managing orders late into the night. At the end of February, he quit his job. Now his side gig has now grown into a full-fledged professional operation with over 100 employees. So far, the store has handled 7,000 orders, each worth about 248 RMB or approximately $34.  “Opportunities are always fleeting,” says Feng. “As programmers, we are the first to feel the winds shift.”
Feng is among a small cohort of savvy early adopters turning China’s OpenClaw craze into cash. As users with little technical background want in, a cottage industry of people offering installation services and preconfigured hardware has sprung up to meet them. The sudden rise of these tinkerers and impromptu consultants shows just how eager the general public in China is to adopt cutting-edge AI—even when there are huge security risks.  A “lobster craze” “Have you raised a lobster yet?”  Xie Manrui, a 36-year-old software engineer in Shenzhen, says he has heard this question nonstop over the past month. “Lobster” is the nickname Chinese users have given to OpenClaw—a reference to its logo. Xie, like Feng, has been experimenting with OpenClaw since January. He’s built new open-source tools on top of the ecosystem, including one that visualizes the agent’s progress as an animated little desktop worker and another that lets users voice-chat with it.  “I’ve met so many new people through ‘lobster raising,’” says Xie. “Many are lawyers or doctors, with little technical background, but all dedicated to learning new things.” Lobsters are indeed popping up everywhere in China right now—on and offline. In February, for instance, the entrepreneur and tech influencer Fu Sheng hosted a livestream showing off OpenClaw’s capabilities that got 20,000 views. And just last weekend, Xie attended three different OpenClaw events in Shenzhen, each drawing more than 500 people. These self-organized, unofficial gatherings feature power users, influencers, and sometimes venture capitalists as speakers. The biggest event Xie attended, on March 7, drew more than 1,000 people; in the packed venue, he says, people were shoulder to shoulder, with many attendees unable to even get a seat. Now China’s AI giants are starting to piggyback on the trend too, promoting their models, APIs,  and cloud services (which can be used with OpenClaw), as well as their own OpenClaw-like agents. Earlier this month, Tencent held a public event offering free installation support for OpenClaw, drawing long lines of people waiting for help, including elderly users and children.

This sudden burst in popularity has even prompted local governments to get involved. Earlier this month the government of Longgang, a district in Shenzhen, released several policies to support OpenClaw-related ventures, including free computing credits and cash rewards for standout projects. Other cities, including Wuxi, have begun rolling out similar measures. These policies only catalyze what’s already in the air. “It was not until my father, who is 77, asked me to help install a ‘lobster’ for him that I realized this thing is truly viral,” says Henry Li, a software engineer based in Beijing.  A programmer gold rush What’s making this moment particularly lucrative for people with technical skills, like Feng, is that so many people want OpenClaw, but not nearly as many have the capabilities to access it. Setting it up requires a level of technical knowledge most people do not possess, from typing commands into a black terminal window to navigating unfamiliar developer platforms. On the hardware side, an older or budget laptop may struggle to run it smoothly. And if the tool is not installed on a device separate from someone’s everyday computer, or if the data accessible to OpenClaw is not properly partitioned, the user’s privacy could be at risk—opening the door to data leaks and even malicious attacks.  Chris Zhao, known as “Qi Shifu” online, organizes OpenClaw social media groups and events in Beijing. On apps like Rednote and Jike, Zhao routinely shares his thoughts on AI, and he asks other interested users to leave their WeChat ID so he can invite them to a semi-private group chat. The proof required to join is a screenshot that shows your “lobster” up and running. Zhao says that even in group chats for experienced users, hardware and cloud setup remain a constant topic of discussion. The relatively high bar for setting up OpenClaw has generated a sense of exclusivity, creating a natural opening for a service industry to start unfolding around it. On Chinese e-commerce platforms like Taobao and JD, a simple search for “OpenClaw” now returns hundreds of listings, most of them installation guides and technical support packages aimed at nontechnical users, priced anywhere from 100 to 700 RMB (approximately $15 to $100). At the higher end, many vendors offer to come to help you in person.  Like Feng, most providers of these services are early adopters with some technical ability who are looking for a side gig. But as demand has surged, some have found themselves overwhelmed. Xie, the developer in Shenzhen who created tools to layer on OpenClaw, was asked by a friend who runs one such business to help out over the weekend; the friend had a customer who worked in e-commerce and had little technical experience, so Xie had to show up in person to get it done. He walked away with 600 RMB ($87) for the afternoon. The growing demand has also pushed vendors like Feng to expand quickly. He has now standardized his operation into tiers: a basic installation, a custom package where users can make specific requests like configuring a preferred chat app, and an ongoing tutoring service for those who want a hand to hold as they find their footing with the technology.
Other vendors in China are making money combining OpenClaw with hardware. Li Gong, a Shenzhen-based seller of refurbished Mac computers, was among the first online sellers to do this—offering Mac minis and MacBooks with OpenClaw preinstalled. Because OpenClaw is designed to operate with deep access to a hard drive and can run continuously in the background unattended, many users prefer to install it on a separate device rather than on the one they use every day. This would help prevent bad actors from infiltrating the program and immediately gaining access to a wide swathe of someone’s personal information. Many turn to secondhand or refurbished options to keep the cost down. Li says that in the last two weeks, orders have increased eightfold. Though OpenClaw itself is a new technology, the general practice of buying software bundles, downloading third-party packages, and seeking out modified devices is nothing new for many Chinese internet users, says Tianyu Fang, a PhD candidate studying the history of technology at Harvard University. Many users pay for one-off IT support services for tasks from installing Adobe software to jailbreaking a Kindle.
Still, not everyone is getting swept up. Jiang Yunhui, a tech worker based in Ningbo, worries that ordinary users who struggle with setup may not be the right audience for a technology that is still effectively in testing.  “The hype in first-tier cities can be a little overblown,” he says. “The agent is still a proof of concept, and I doubt it would be of any life-changing use to the average person for now.” He argues that using it safely and getting anything meaningful out of it requires a level of technical fluency and independent judgment that most new users simply don’t have yet. He’s not alone in his concerns. On March 10, the Chinese cybersecurity regulator CNCERT issued a warning about the security and data risks tied to OpenClaw, saying it heightens users’ exposure to data breaches. Despite the potential pitfalls, though, China’s enthusiasm for OpenClaw doesn’t seem to be slowing. Feng, now flush with the earnings from his operation, wants to use the momentum—and the capital—to keep building out his own venture with AI tools at the center of it. “With OpenClaw and other AI agents, I want to see if I can run a one-person company,” he says. “I’m giving myself one year.”

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The Download: Pokémon Go to train world models, and the US-China race to find aliens

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. How Pokémon Go is giving delivery robots an inch-perfect view of the world  Pokémon Go was the world’s first augmented-reality megahit. Released in 2016 by Niantic, the AR twist on the juggernaut Pokémon franchise fast became a global phenomenon. “500 million people installed that app in 60 days,” says Brian McClendon, CTO at Niantic Spatial, an AI company that Niantic spun out last year.   Now Niantic Spatial is using that vast trove of crowdsourced data to build a kind of world model—a buzzy new technology that grounds the smarts of LLMs in real environments. The firm wants to use it to help robots navigate more precisely. Read the full story.  —Will Douglas Heaven 
MIT Technology Review Narrated: America was winning the race to find Martian life. Then China jumped in.  In July 2024, after more than three years on Mars, the Perseverance rover came across a peculiar rocky outcrop. Instead of the usual crystals or sedimentary layers, this one had spots. Those specks were the best hint yet of alien life.   NASA began a new mission to bring the rocks back to Earth to study. But now, just over a year and a half later, the project is on life support. As a result, those oh-so-promising rocks may be stuck out there forever. 
This also means that, in the race to find evidence of alien life, America has effectively ceded its pole position to its greatest geopolitical rival: China. The superpower is moving full steam ahead with its own version of NASA’s mission.   —Robin George Andrews  This is our latest story to be turned into an MIT Technology Review Narrated podcast, which we’re publishing each week on Spotify and Apple Podcasts. Just navigate to MIT Technology Review Narrated on either platform, and follow us to get all our new content as it’s released.  The must-reads  I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology.  1 Viral AI fakes of the Iran war are flooding X And Grok is failing to flag them. (Wired $) + The conflict could wreak havoc on data centers and electricity costs. (The Verge)  + Pro-Iran bots are weaponizing posts about Epstein. (Gizmodo)  + AI is turning the Iran conflict into a show. (MIT Technology Review) 2 Anthropic fears the loss of billions due to the Pentagon’s blacklisting  That’s what the company has told a judge as it seeks to block its designation as a supply-chain risk. (Bloomberg $) + Microsoft has backed the company in its legal fight with the Pentagon. (FT $) + OpenAI’s “compromise” with the DoD dealt a big blow to Anthropic. (MIT Technology Review)  3 Meta has bought a social network that’s exclusively for bots Moltbook is a Reddit-like site where AI agents interact with each other. (NYT $) + The platform is  AI theater. (MIT Technology Review)   4 Ukraine is eagerly offering the US its expertise and tech to counter Iranian drones Kyiv has sent drones and UAV specialists to military bases in Jordan. (WSJ $) + A radio-obsessed civilian is shaping Ukraine’s drone defense. (MIT Technology Review)  5 OnlyFans “chatters” are earning $2 per hour to impersonate models A worker in the Philippines described the job as “heartbreaking” and “icky.” (BBC)  6 The DHS has removed officials who objected to “illegal” orders about surveillance tech The officers had refused to mislabel records about the technologies in order to block their release. (Wired) 7 This startup is building data centers run on brain cells  The “biological data centers” are coming to Melbourne and Singapore. (New Scientist $) 8 Anduril is expanding into space defense The company is buying ExoAnalytic, which specializes in missile defense tracking. (Reuters) + We saw a demo of an AI system powering Anduril’s vision for war. (MIT Technology Review)  9 Big tech has a new big idea: AI compute as compensation Silicon Valley is pitching it as a job perk. (Business Insider)  10 Wordle’s creator is back with a new game It’s inspired by cryptic crosswords. (The New Yorker $)   Quote of the day  “You come for the Epstein content, and you stay for the propaganda.”  —Bret Schafer, an expert on information manipulation, tells the Washington Post how pro-Iran networks are gaining traction with posts about Epstein. 

One More Thing  MEREDITH MIOTKE | PHOTO: NASA/JPL-CALTECH/MSSS The quest to figure out farming on Mars   If ever a blade of grass grew on Mars, those days are over. But could they begin again? What would it take to grow plants to feed future astronauts on Mars?   To grow food there, we can’t just drop seeds in the ground and add water. We will need to create a layer of soil that can support life. And to do that, we first have to get rid of the red planet’s toxic salts.   Researchers recently discovered a potential solution—and the early signs are promising. Read the full story. We can still have nice things  A place for comfort, fun and distraction to brighten up your day. (Got any ideas? Drop me a line)  + Finally, a rebellion arises against mint’s tyranny over our teeth: Peanut Butter Cup toothpaste. + DIY decorators rejoice! The humble paint tray has received an ingeniously simple renovation. + Saudi surgeons have successfully separated two conjoined twins. + If you’re looking for real innovation, check out British Pie Week’s beef rendang, jerk chicken, and double-size pasties. 

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From Real Estate to AI Factories: 7×24 Exchange’s Michael Siteman on Power, Politics, and the New Logic of Data Center Development

The data center industry’s explosive growth in the AI era is transforming how projects are conceived, financed, and built. What was once a real estate-driven business has become something far more complex: an engineering and infrastructure challenge defined by power availability, network topology, and local politics. That was one of the key themes in this recent episode of the Data Center Frontier Show podcast, where Editor-in-Chief Matt Vincent spoke with Michael Siteman, President of Prodigious Proclivities and a longtime leader and board member within 7×24 Exchange International. Drawing on decades of experience spanning brokerage, development, connectivity strategy, and infrastructure advisory, Siteman offered a field-level view of how the industry is adapting to the demands of AI-driven infrastructure. “The business used to be a pure real estate play,” Siteman said. “Now it’s a systems engineering problem. It’s power, network topology, the real estate itself, and political risk—all of these factors that have to work together.” Site Selection Becomes Systems Engineering For much of the early data center era, location decisions revolved around traditional real estate considerations: available buildings, proximity to customers, and nearby fiber connectivity. That logic has fundamentally changed. “Years ago, the question was: Is there a building? Are there carriers nearby?” Siteman recalled. “Now it’s completely different. Power availability, network topology, community acceptance—these are the variables that define whether a site works.” Utilities themselves have become gatekeepers in the process. “You go to a utility and ask if there’s power,” he explained. “They might say, ‘We might have power, but you have to pay us to study whether we actually have power.’” In many regions experiencing rapid digital infrastructure expansion, the answer increasingly comes back the same: there simply isn’t enough grid capacity available. Power Becomes the Project In the gigawatt-scale era of AI infrastructure, power strategy has moved

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Community Opposition Emerges as New Gatekeeper for AI Data Center Expansion

The rapid global buildout of AI infrastructure is colliding with a new constraint that hyperscalers cannot solve with capital or GPUs: local opposition. In the first months of 2026, community resistance has already begun reshaping the development pipeline. A February analysis by Sightline Climate estimates that 30–50 percent of the data center capacity expected to come online in 2026 may not be delivered on schedule, reflecting a growing set of constraints that now include power availability, permitting challenges, and increasingly organized local opposition. The financial stakes are already substantial. Recent reporting indicates that tens of billions of dollars in planned data center development have been delayed or halted amid community pushback, including an estimated $98 billion worth of projects delayed or blocked in a single quarter of 2025, according to research cited by Data Center Watch. What had been framed throughout 2024 and 2025 as an inevitable expansion of hyperscale campuses, gigawatt-scale power agreements, and AI “factory” clusters is now encountering a different kind of gatekeeper: the communities expected to host the infrastructure. The shift is already visible in project outcomes. Across the United States, multiple projects were canceled, blocked, or fundamentally reshaped in the opening months of 2026 due to organized local opposition. Reporting from The Guardian found that 26 data center projects were canceled in December and January, compared with just one cancellation in October, suggesting that community resistance campaigns are increasingly capable of stopping projects before construction begins. At the same time, local governments are responding to community pressure with moratoriums, zoning restrictions, and permitting delays that can stall projects long enough to jeopardize financing or push developers to seek more favorable jurisdictions. While opposition to data center development is not new, the scale, coordination, and success rate of these efforts suggest a structural shift in how

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A week unlike any other for crude prices

Oil, fundamental analysis The price of WTI settled last Friday at $90.90, which was already $14/bbl higher than the Friday before the US and Israel began their attacks on Iran. With the conflict continuing last weekend, Iran continued to pummel its neighboring petro-states and threatened any ships attempting to pass through the Strait of Hormuz. So, when the oil markets re-opened Sunday night, a lot of pent-up anxiety turned into the immediate buying of April NYMEX WTI futures with the Open price hitting $98/bbl leading to a session High of $119.50/bbl. Trading Monday during regular business hours would moderate some ending in a closing price of $94.80/bbl but only after a wild day that saw a Low of $81.20 which created a daily Hi/Lo range of $32. The week’s Low was $76.75/bbl on Tuesday in what was seen at the time as numerous positive signs that the Strait of Hormuz would reopen. That didn’t happen. Brent crude followed a similar pattern hitting a High of $119.50/bbl on Sunday evening and a Low of $81.15 on Tuesday. Both contracts settled higher week-on-week. The WTI/Brent spread fluctuated throughout the week but now sits at ($4.80). Neither the International Energy Agency (IEA)-announced reserve release nor a gain in US crude inventories could halt the on-going rally. The Strait of Hormuz remains the key issue impacting global oil prices as conflicting reports exist throughout the media coverage. President Trump said the US Navy would escort ships, if needed while Energy Secretary Wright stated that the US Navy was too involved in the actual conflict with Iran to perform such duties. Secretary of Defense Hegseth stated Friday that the Strait of Hormuz was “open” for ships wishing to pass unless Iran fires upon them which the latter has explicitly threatened to do. The US Central

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Oil tops $100 on intensifying Iran war

Oil prices have climbed above $100/bbl for the first time since 2022 as the escalating US-Iran war threatens critical energy flows through the Middle East. Hopes for a near-term de-escalation faded on Friday after US President Trump stated that only an unconditional surrender would be acceptable, heightening concerns that the conflict could become prolonged. Tensions intensified further on Monday, Mar. 9, when Iran launched new attacks on Israel and several Gulf states just hours after declaring Mojtaba Khamenei as the country’s new supreme leader. Analysts warn that a sustained disruption of shipments through the Strait of Hormuz could trigger a severe tightening of global crude supplies and send prices significantly higher. Vikas Dwivedi, global energy strategist at Macquarie Group, said the market could move rapidly into a supply-shock environment if hostilities continue without a diplomatic resolution. “In our analysis, a few weeks of Hormuz closure will create a domino effect of events that could push crude to $150/bbl or higher,” Dwivedi said in a market note. Dwivedi added that without a ceasefire or negotiated agreement, the global oil market could begin to “break in days rather than weeks or months,” as supply disruptions cascade through the region’s production and export systems. Although the Strait of Hormuz has effectively become inaccessible for many tankers due to escalating security risks, Middle East loadings have so far remained relatively resilient. However, reports of production shut-ins have begun to emerge across parts of the region, including Iraq, Kuwait, and Qatar (LNG). If the disruption persists, broader waves of production curtailments could unfold over the coming week. Macquarie analysts believe the final cuts would occur in Saudi Arabia roughly 20 days from now. Shipping risks, oil and beyond  Security risks around the Strait of Hormuz remain a major constraint on shipping. Even with elevated insurance

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Infinity more likely to add frac crews than third rig in 2026

Infinity Natural Resources Inc., Morgantown, plans to add a second rig to its operations this spring as it builds on the December acquisition of some Ohio Utica assets from Antero Resources. But executives said Mar. 11 they’re more likely to add fracturing crews than a third rig this year should oil prices stay at higher levels. Infinity, led by president and chief executive officer Zack Arnold, 3 months ago paid roughly $1.2 billion for upstream and midstream assets in Ohio that peers at Antero were divesting as part of their purchase of HG Energy II assets in the Marcellus basin. In the second quarter, Infinity will begin operating a rig in the former Antero footprint and Arnold said he expects the company will maintain that count for the rest of the year. “We are cognizant of our portfolio and the returns that we have,” Arnold said on a conference call discussing Infinity’s fourth-quarter results and 2026 outlook. “We’re probably more likely to maybe consider additional frac crews […] than drilling rigs at this stage. But it’s difficult to say […] Three weeks ago, oil prices were a little bit different.” Arnold said the team has flexibility “to do the right things” should commodity prices support further investment and could tweak the oil-natural gas priorities in a 2026 plan that today calls for 72% of drilling activity to be in Ohio with the remainder in Pennsylvania. The goal is to turn in line about 30 wells (gross) this year—10 of which will be at the recently acquired assets—and have 2026 total net production grow to 345-375 MMcfed, of which liquids and oil will be 18,000-20,000 b/d. In the fourth quarter, that figure was 272 MMcfed.

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The Iran war: Regional geopolitics, oil, and natural gas

@import url(‘https://fonts.googleapis.com/css2?family=Inter:[email protected]&display=swap’); a { color: var(–color-primary-main); } .ebm-page__main h1, .ebm-page__main h2, .ebm-page__main h3, .ebm-page__main h4, .ebm-page__main h5, .ebm-page__main h6 { font-family: Inter; } body { line-height: 150%; letter-spacing: 0.025em; font-family: Inter; } button, .ebm-button-wrapper { font-family: Inter; } .label-style { text-transform: uppercase; color: var(–color-grey); font-weight: 600; font-size: 0.75rem; } .caption-style { font-size: 0.75rem; opacity: .6; } #onetrust-pc-sdk [id*=btn-handler], #onetrust-pc-sdk [class*=btn-handler] { background-color: #c19a06 !important; border-color: #c19a06 !important; } #onetrust-policy a, #onetrust-pc-sdk a, #ot-pc-content a { color: #c19a06 !important; } #onetrust-consent-sdk #onetrust-pc-sdk .ot-active-menu { border-color: #c19a06 !important; } #onetrust-consent-sdk #onetrust-accept-btn-handler, #onetrust-banner-sdk #onetrust-reject-all-handler, #onetrust-consent-sdk #onetrust-pc-btn-handler.cookie-setting-link { background-color: #c19a06 !important; border-color: #c19a06 !important; } #onetrust-consent-sdk .onetrust-pc-btn-handler { color: #c19a06 !important; border-color: #c19a06 !important; } In this bonus episode of the Oil & Gas Journal ReEnterprised podcast, Head of Content Chris Smith is joined by Jim Krane, the Diana Tamari Sabbagh Fellow in Middle East Energy Studies and Center for Energy Studies Lead for Energy and Geopolitics in the Middle East at Rice University’s Baker Institute for Public Policy. The two discuss the regional political forces shaping the Iran war so far, exactly how vulnerable the Strait of Hormuz is, and—shifting inland—what’s in it for the Kurds.

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