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Ransomware gangs find a new hostage: Your AWS S3 buckets
To succeed, attackers typically look for S3 buckets that have: versioning disabled ( so old versions can’t be restored), object-lock disabled ( so files can be overwritten or deleted), wide write permissions (via mis-configured IAM policies or leaked credentials), and hold high-value data (backup files, production config dumps). Once inside, the attackers try to impose a “complete and irreversible lockout” of data, which may involve encryption objects with keys inaccessible to the victim, deleting backups, and scheduling key deletion so AWS and the customer can’t recover the data. “This research is a systematic and theoretical threat modelling exercise on how an attacker might encrypt and ransom an AWS environment within an account boundary–something we’ve talked about over the last 10 years,” said Trey Ford, chief strategy and trust officer at Bugcrowd. Weaponizing cloud encryption and key management Trend Micro has identified five S3 ransomware variants that increasingly exploit AWS’s built-in encryption paths. One abuses default AWS-managed KMS keys (SSE-KMS) by encrypting data with an attacker-created key and scheduling that key for deletion. Another uses customer-provided keys (SSE-C), where AWS has no copy, making recovery impossible. The third one exfiltrates S3 bucket data (with no versioning) and deletes the originals. The final two variants go deeper into key management infrastructure. One relies on imported key material (BYOK), letting attackers encrypt data and then destroy or expire the imported keys. The other abuses AWS’s External Key Store (XKS), where key operations happen outside AWS, which means that if attackers control the external key source, neither the customer nor AWS can restore access. Together, the techniques reveal that attackers are using AWS itself as the encryption mechanism. “I can’t recall having seen this done in the wild,” Ford added. “This specifically targets the use of external or customer-provided keys (SSE-C or XKS, respectively) to assert

Oil Prices Have Fallen Sharply
Crude oil prices have fallen sharply, Nadir Belbarka, an analyst at XMArabia, said in a statement sent to Rigzone on Friday, highlighting that Brent was at $62.67 per barrel and WTI was at $58.29 per barrel. “The decline reflects rising expectations of oversupply, fading geopolitical supply risks, and growing coverage of reported progress toward a U.S.-endorsed Russia-Ukraine peace agreement,” Belbarka said in the statement. “Upcoming data – including today’s flash PMIs across the U.S., UK, Germany, and France, along with remarks from ECB President Lagarde – will direct near-term sentiment,” Belbarka added. “Weak readings could heighten recession fears and deepen demand destruction before triggering a technical rebound. Positive surprises could strengthen the dollar and reinforce downward pressure on crude,” the XMArabia analyst continued. Belbarka went on to state that, “in the absence of major inventory drawdowns or a significant supply shock, crude is likely to remain constrained within its new trading range through year-end, awaiting meaningful geopolitical or macroeconomic catalysts”. “Close attention to inventories, IEA [International Energy Agency] and OPEC forecasts, and dollar performance remains essential,” Belbarka warned. In a separate market comment sent to Rigzone on Friday, Eric Chia, Financial Markets Strategist at Exness, noted that crude oil prices “were under pressure today, extending this week’s downside bias as the market digested the potential for geopolitical de-escalation and structural oversupply”. “WTI prices were trading below $58 per barrel, down roughly two percent intraday and set for weekly losses of more than three percent,” Chia added. “The emergence of a Russia-Ukraine peace framework could weigh on the oil market as the prospect of future normalization of Russian crude exports tempered the impact of new U.S. sanctions on Rosneft and Lukoil,” Chia said. “Higher Russian oil exports could also add to the current oversupply narrative. However, a failed deal could help lift

Nvidia chips sold out? Cut back on AI plans, or look elsewhere
He added, “geopolitical events would be the most likely origin of any type of medium to long term disruption, think China-Taiwan, expansion of the Russia-Ukraine conflict, or escalation in the US-China trade war.” For lower impact events, he said, “[Nvidia] does a nice job of setting conservative shipment goals and targets for Wall Street, which they almost invariably beat quarter after quarter. This provides some cushion for them to absorb a labor, process, or geopolitical hiccup and still meet their stated goals. Shipment volumes may not exceed targets, but shipments would continue to flow; the spice must flow after all.” In a worst-case scenario where shipments are materially impacted, there is little recourse for enterprises that are not large-scale cloud consumers with clout with the limited providers in the space, Bickley added. Enterprises joining a ‘very long queue’ According to Sanchit Vir Gogia, the chief analyst at Greyhound Research, the Nvidia earnings call “confirms that the bottleneck in enterprise AI is no longer imagination or budget. It is capacity. Nvidia reported $57 billion in quarterly revenue, with more than $51 billion from data center customers alone, yet still described itself as supply-constrained at record levels.” Blackwell and Blackwell Ultra, he said, have become the default currency of AI infrastructure, yet even at a build rate of roughly 1,000 GPU racks per week, the company cannot meet demand. Long-term supply and capacity commitments, said Gogia, “now stand at around $50.3 billion, and multi-year cloud service agreements have jumped to $26 billion, implying that much of the next wave of capacity has already been pre-booked by hyperscalers and frontier labs. Enterprises are not stepping into an open market. They are joining the back of a very long queue.”

We’re learning more about what vitamin D does to our bodies
It has started to get really wintry here in London over the last few days. The mornings are frosty, the wind is biting, and it’s already dark by the time I pick my kids up from school. The darkness in particular has got me thinking about vitamin D, a.k.a. the sunshine vitamin. At a checkup a few years ago, a doctor told me I was deficient in vitamin D. But he wouldn’t write me a prescription for supplements, simply because, as he put it, everyone in the UK is deficient. Putting the entire population on vitamin D supplements would be too expensive for the country’s national health service, he told me. But supplementation—whether covered by a health-care provider or not—can be important. As those of us living in the Northern Hemisphere spend fewer of our waking hours in sunlight, let’s consider the importance of vitamin D. Yes, it is important for bone health. But recent research is also uncovering surprising new insights into how the vitamin might influence other parts of our bodies, including our immune systems and heart health.
Vitamin D was discovered just over 100 years ago, when health professionals were looking for ways to treat what was then called “the English disease.” Today, we know that rickets, a weakening of bones in children, is caused by vitamin D deficiency. And vitamin D is best known for its importance in bone health. That’s because it helps our bodies absorb calcium. Our bones are continually being broken down and rebuilt, and they need calcium for that rebuilding process. Without enough calcium, bones can become weak and brittle. (Depressingly, rickets is still a global health issue, which is why there is global consensus that infants should receive a vitamin D supplement at least until they are one year old.)
In the decades since then, scientists have learned that vitamin D has effects beyond our bones. There’s some evidence to suggest, for example, that being deficient in vitamin D puts people at risk of high blood pressure. Daily or weekly supplements can help those individuals lower their blood pressure. A vitamin D deficiency has also been linked to a greater risk of “cardiovascular events” like heart attacks, although it’s not clear whether supplements can reduce this risk; the evidence is pretty mixed. Vitamin D appears to influence our immune health, too. Studies have found a link between low vitamin D levels and incidence of the common cold, for example. And other research has shown that vitamin D supplements can influence the way our genes make proteins that play important roles in the way our immune systems work. We don’t yet know exactly how these relationships work, however. And, unfortunately, a recent study that assessed the results of 37 clinical trials found that overall, vitamin D supplements aren’t likely to stop you from getting an “acute respiratory infection.” Other studies have linked vitamin D levels to mental health, pregnancy outcomes, and even how long people survive after a cancer diagnosis. It’s tantalizing to imagine that a cheap supplement could benefit so many aspects of our health. But, as you might have gathered if you’ve got this far, we’re not quite there yet. The evidence on the effects of vitamin D supplementation for those various conditions is mixed at best. In fairness to researchers, it can be difficult to run a randomized clinical trial for vitamin D supplements. That’s because most of us get the bulk of our vitamin D from sunlight. Our skin converts UVB rays into a form of the vitamin that our bodies can use. We get it in our diets, too, but not much. (The main sources are oily fish, egg yolks, mushrooms, and some fortified cereals and milk alternatives.) The standard way to measure a person’s vitamin D status is to look at blood levels of 25-hydroxycholecalciferol (25(OH)D), which is formed when the liver metabolizes vitamin D. But not everyone can agree on what the “ideal” level is.
Even if everyone did agree on a figure, it isn’t obvious how much vitamin D a person would need to consume to reach this target, or how much sunlight exposure it would take. One complicating factor is that people respond to UV rays in different ways—a lot of that can depend on how much melanin is in your skin. Similarly, if you’re sitting down to a meal of oily fish and mushrooms and washing it down with a glass of fortified milk, it’s hard to know how much more you might need. There is more consensus on the definition of vitamin D deficiency, though. (It’s a blood level below 30 nanomoles per liter, in case you were wondering.) And until we know more about what vitamin D is doing in our bodies, our focus should be on avoiding that. For me, that means topping up with a supplement. The UK government advises everyone in the country to take a 10-microgram vitamin D supplement over autumn and winter. That advice doesn’t factor in my age, my blood levels, or the amount of melanin in my skin. But it’s all I’ve got for now.

Norway Gas Output Hits Six-Month High
Norway produced 336.76 million standard cubic meters a day (MMscmd) of natural gas in October, its highest over the last six months, according to preliminary monthly production figures from the country’s upstream regulator. However, last month’s gas output fell 1.7 percent compared to October 2024, though it beat the Norwegian Offshore Directorate’s (NOD) projection by 2.1 percent. Norway sold 10.4 billion scm of gas last month, up 1.9 billion scm from September, the NOD reported on its website. The Nordic country’s oil production in October averaged 1.82 million barrels per day (MMbpd), down 3.6 percent from September but up 2.1 percent from October 2024. The figure exceeded the NOD forecast by 0.4 percent. Total liquids production was 2.02 MMbpd, down 2.8 percent month-on-month but up 0.8 percent year-on-year. “Preliminary production figures for October 2025 show an average daily production of 2,017,000 barrels of oil, NGL and condensate”, the NOD said. “The total petroleum production so far in 2025 is about 197.1 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 87.8 MSm3 o.e. of oil, about 9.7 MSm3 o.e. of NGL and condensate and about 99.5 MSm3 o.e. of gas for sale”, it said. “The total volume is 4.1 MSm3 o.e. less than 2024”. For the third quarter majority state-owned Equinor ASA reported Norwegian equity liquid and gas production of 1.42 million barrels of oil equivalent a day (MMboed), up from 1.36 MMboed in Q2 and 1.31 MMboed in Q3 2024. “In the third quarter of 2025, new fields coming onstream (Johan Castberg and Halten East) drove an increase in production compared to the same quarter last year”, Equinor said of its Norwegian production in its quarterly report October 29. “High production efficiency from Johan Sverdrup, new wells and a lower impact from turnarounds and maintenance more than

USA Crude Oil Stocks Drop by 3.4 Million Barrels WoW
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR) decreased by 3.4 million barrels from the week ending November 7 to the week ending November 14, the U.S. Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. This EIA report, which was released on November 19 and included data for the week ending November 14, showed that crude oil stocks, not including the SPR, stood at 424.2 million barrels on November 14, 427.6 million barrels on November 7, and 430.3 million barrels on November 15, 2024. Crude oil in the SPR stood at 410.9 million barrels on November 14, 410.4 million barrels on November 7, and 389.2 million barrels on November 15, 2024, the report highlighted. Total petroleum stocks – including crude oil, total motor gasoline, fuel ethanol, kerosene type jet fuel, distillate fuel oil, residual fuel oil, propane/propylene, and other oils – stood at 1.680 billion barrels on November 14, the report revealed. Total petroleum stocks were down 2.2 million barrels week on week and up 47.1 million barrels year on year, the report showed. “At 424.2 million barrels, U.S. crude oil inventories are about five percent below the five year average for this time of year,” the EIA said in its latest weekly petroleum status report. “Total motor gasoline inventories increased by 2.3 million barrels from last week and are about three percent below the five year average for this time of year. Finished gasoline inventories decreased, while blending components inventories increased last week,” the EIA added. “Distillate fuel inventories increased by 0.2 million barrels last week and are about seven percent below the five year average for this time of year. Propane/propylene inventories remained unchanged from last week and are about 16 percent above the five year average for this

Ransomware gangs find a new hostage: Your AWS S3 buckets
To succeed, attackers typically look for S3 buckets that have: versioning disabled ( so old versions can’t be restored), object-lock disabled ( so files can be overwritten or deleted), wide write permissions (via mis-configured IAM policies or leaked credentials), and hold high-value data (backup files, production config dumps). Once inside, the attackers try to impose a “complete and irreversible lockout” of data, which may involve encryption objects with keys inaccessible to the victim, deleting backups, and scheduling key deletion so AWS and the customer can’t recover the data. “This research is a systematic and theoretical threat modelling exercise on how an attacker might encrypt and ransom an AWS environment within an account boundary–something we’ve talked about over the last 10 years,” said Trey Ford, chief strategy and trust officer at Bugcrowd. Weaponizing cloud encryption and key management Trend Micro has identified five S3 ransomware variants that increasingly exploit AWS’s built-in encryption paths. One abuses default AWS-managed KMS keys (SSE-KMS) by encrypting data with an attacker-created key and scheduling that key for deletion. Another uses customer-provided keys (SSE-C), where AWS has no copy, making recovery impossible. The third one exfiltrates S3 bucket data (with no versioning) and deletes the originals. The final two variants go deeper into key management infrastructure. One relies on imported key material (BYOK), letting attackers encrypt data and then destroy or expire the imported keys. The other abuses AWS’s External Key Store (XKS), where key operations happen outside AWS, which means that if attackers control the external key source, neither the customer nor AWS can restore access. Together, the techniques reveal that attackers are using AWS itself as the encryption mechanism. “I can’t recall having seen this done in the wild,” Ford added. “This specifically targets the use of external or customer-provided keys (SSE-C or XKS, respectively) to assert

Oil Prices Have Fallen Sharply
Crude oil prices have fallen sharply, Nadir Belbarka, an analyst at XMArabia, said in a statement sent to Rigzone on Friday, highlighting that Brent was at $62.67 per barrel and WTI was at $58.29 per barrel. “The decline reflects rising expectations of oversupply, fading geopolitical supply risks, and growing coverage of reported progress toward a U.S.-endorsed Russia-Ukraine peace agreement,” Belbarka said in the statement. “Upcoming data – including today’s flash PMIs across the U.S., UK, Germany, and France, along with remarks from ECB President Lagarde – will direct near-term sentiment,” Belbarka added. “Weak readings could heighten recession fears and deepen demand destruction before triggering a technical rebound. Positive surprises could strengthen the dollar and reinforce downward pressure on crude,” the XMArabia analyst continued. Belbarka went on to state that, “in the absence of major inventory drawdowns or a significant supply shock, crude is likely to remain constrained within its new trading range through year-end, awaiting meaningful geopolitical or macroeconomic catalysts”. “Close attention to inventories, IEA [International Energy Agency] and OPEC forecasts, and dollar performance remains essential,” Belbarka warned. In a separate market comment sent to Rigzone on Friday, Eric Chia, Financial Markets Strategist at Exness, noted that crude oil prices “were under pressure today, extending this week’s downside bias as the market digested the potential for geopolitical de-escalation and structural oversupply”. “WTI prices were trading below $58 per barrel, down roughly two percent intraday and set for weekly losses of more than three percent,” Chia added. “The emergence of a Russia-Ukraine peace framework could weigh on the oil market as the prospect of future normalization of Russian crude exports tempered the impact of new U.S. sanctions on Rosneft and Lukoil,” Chia said. “Higher Russian oil exports could also add to the current oversupply narrative. However, a failed deal could help lift

Nvidia chips sold out? Cut back on AI plans, or look elsewhere
He added, “geopolitical events would be the most likely origin of any type of medium to long term disruption, think China-Taiwan, expansion of the Russia-Ukraine conflict, or escalation in the US-China trade war.” For lower impact events, he said, “[Nvidia] does a nice job of setting conservative shipment goals and targets for Wall Street, which they almost invariably beat quarter after quarter. This provides some cushion for them to absorb a labor, process, or geopolitical hiccup and still meet their stated goals. Shipment volumes may not exceed targets, but shipments would continue to flow; the spice must flow after all.” In a worst-case scenario where shipments are materially impacted, there is little recourse for enterprises that are not large-scale cloud consumers with clout with the limited providers in the space, Bickley added. Enterprises joining a ‘very long queue’ According to Sanchit Vir Gogia, the chief analyst at Greyhound Research, the Nvidia earnings call “confirms that the bottleneck in enterprise AI is no longer imagination or budget. It is capacity. Nvidia reported $57 billion in quarterly revenue, with more than $51 billion from data center customers alone, yet still described itself as supply-constrained at record levels.” Blackwell and Blackwell Ultra, he said, have become the default currency of AI infrastructure, yet even at a build rate of roughly 1,000 GPU racks per week, the company cannot meet demand. Long-term supply and capacity commitments, said Gogia, “now stand at around $50.3 billion, and multi-year cloud service agreements have jumped to $26 billion, implying that much of the next wave of capacity has already been pre-booked by hyperscalers and frontier labs. Enterprises are not stepping into an open market. They are joining the back of a very long queue.”

We’re learning more about what vitamin D does to our bodies
It has started to get really wintry here in London over the last few days. The mornings are frosty, the wind is biting, and it’s already dark by the time I pick my kids up from school. The darkness in particular has got me thinking about vitamin D, a.k.a. the sunshine vitamin. At a checkup a few years ago, a doctor told me I was deficient in vitamin D. But he wouldn’t write me a prescription for supplements, simply because, as he put it, everyone in the UK is deficient. Putting the entire population on vitamin D supplements would be too expensive for the country’s national health service, he told me. But supplementation—whether covered by a health-care provider or not—can be important. As those of us living in the Northern Hemisphere spend fewer of our waking hours in sunlight, let’s consider the importance of vitamin D. Yes, it is important for bone health. But recent research is also uncovering surprising new insights into how the vitamin might influence other parts of our bodies, including our immune systems and heart health.
Vitamin D was discovered just over 100 years ago, when health professionals were looking for ways to treat what was then called “the English disease.” Today, we know that rickets, a weakening of bones in children, is caused by vitamin D deficiency. And vitamin D is best known for its importance in bone health. That’s because it helps our bodies absorb calcium. Our bones are continually being broken down and rebuilt, and they need calcium for that rebuilding process. Without enough calcium, bones can become weak and brittle. (Depressingly, rickets is still a global health issue, which is why there is global consensus that infants should receive a vitamin D supplement at least until they are one year old.)
In the decades since then, scientists have learned that vitamin D has effects beyond our bones. There’s some evidence to suggest, for example, that being deficient in vitamin D puts people at risk of high blood pressure. Daily or weekly supplements can help those individuals lower their blood pressure. A vitamin D deficiency has also been linked to a greater risk of “cardiovascular events” like heart attacks, although it’s not clear whether supplements can reduce this risk; the evidence is pretty mixed. Vitamin D appears to influence our immune health, too. Studies have found a link between low vitamin D levels and incidence of the common cold, for example. And other research has shown that vitamin D supplements can influence the way our genes make proteins that play important roles in the way our immune systems work. We don’t yet know exactly how these relationships work, however. And, unfortunately, a recent study that assessed the results of 37 clinical trials found that overall, vitamin D supplements aren’t likely to stop you from getting an “acute respiratory infection.” Other studies have linked vitamin D levels to mental health, pregnancy outcomes, and even how long people survive after a cancer diagnosis. It’s tantalizing to imagine that a cheap supplement could benefit so many aspects of our health. But, as you might have gathered if you’ve got this far, we’re not quite there yet. The evidence on the effects of vitamin D supplementation for those various conditions is mixed at best. In fairness to researchers, it can be difficult to run a randomized clinical trial for vitamin D supplements. That’s because most of us get the bulk of our vitamin D from sunlight. Our skin converts UVB rays into a form of the vitamin that our bodies can use. We get it in our diets, too, but not much. (The main sources are oily fish, egg yolks, mushrooms, and some fortified cereals and milk alternatives.) The standard way to measure a person’s vitamin D status is to look at blood levels of 25-hydroxycholecalciferol (25(OH)D), which is formed when the liver metabolizes vitamin D. But not everyone can agree on what the “ideal” level is.
Even if everyone did agree on a figure, it isn’t obvious how much vitamin D a person would need to consume to reach this target, or how much sunlight exposure it would take. One complicating factor is that people respond to UV rays in different ways—a lot of that can depend on how much melanin is in your skin. Similarly, if you’re sitting down to a meal of oily fish and mushrooms and washing it down with a glass of fortified milk, it’s hard to know how much more you might need. There is more consensus on the definition of vitamin D deficiency, though. (It’s a blood level below 30 nanomoles per liter, in case you were wondering.) And until we know more about what vitamin D is doing in our bodies, our focus should be on avoiding that. For me, that means topping up with a supplement. The UK government advises everyone in the country to take a 10-microgram vitamin D supplement over autumn and winter. That advice doesn’t factor in my age, my blood levels, or the amount of melanin in my skin. But it’s all I’ve got for now.

Norway Gas Output Hits Six-Month High
Norway produced 336.76 million standard cubic meters a day (MMscmd) of natural gas in October, its highest over the last six months, according to preliminary monthly production figures from the country’s upstream regulator. However, last month’s gas output fell 1.7 percent compared to October 2024, though it beat the Norwegian Offshore Directorate’s (NOD) projection by 2.1 percent. Norway sold 10.4 billion scm of gas last month, up 1.9 billion scm from September, the NOD reported on its website. The Nordic country’s oil production in October averaged 1.82 million barrels per day (MMbpd), down 3.6 percent from September but up 2.1 percent from October 2024. The figure exceeded the NOD forecast by 0.4 percent. Total liquids production was 2.02 MMbpd, down 2.8 percent month-on-month but up 0.8 percent year-on-year. “Preliminary production figures for October 2025 show an average daily production of 2,017,000 barrels of oil, NGL and condensate”, the NOD said. “The total petroleum production so far in 2025 is about 197.1 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 87.8 MSm3 o.e. of oil, about 9.7 MSm3 o.e. of NGL and condensate and about 99.5 MSm3 o.e. of gas for sale”, it said. “The total volume is 4.1 MSm3 o.e. less than 2024”. For the third quarter majority state-owned Equinor ASA reported Norwegian equity liquid and gas production of 1.42 million barrels of oil equivalent a day (MMboed), up from 1.36 MMboed in Q2 and 1.31 MMboed in Q3 2024. “In the third quarter of 2025, new fields coming onstream (Johan Castberg and Halten East) drove an increase in production compared to the same quarter last year”, Equinor said of its Norwegian production in its quarterly report October 29. “High production efficiency from Johan Sverdrup, new wells and a lower impact from turnarounds and maintenance more than

USA Crude Oil Stocks Drop by 3.4 Million Barrels WoW
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR) decreased by 3.4 million barrels from the week ending November 7 to the week ending November 14, the U.S. Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. This EIA report, which was released on November 19 and included data for the week ending November 14, showed that crude oil stocks, not including the SPR, stood at 424.2 million barrels on November 14, 427.6 million barrels on November 7, and 430.3 million barrels on November 15, 2024. Crude oil in the SPR stood at 410.9 million barrels on November 14, 410.4 million barrels on November 7, and 389.2 million barrels on November 15, 2024, the report highlighted. Total petroleum stocks – including crude oil, total motor gasoline, fuel ethanol, kerosene type jet fuel, distillate fuel oil, residual fuel oil, propane/propylene, and other oils – stood at 1.680 billion barrels on November 14, the report revealed. Total petroleum stocks were down 2.2 million barrels week on week and up 47.1 million barrels year on year, the report showed. “At 424.2 million barrels, U.S. crude oil inventories are about five percent below the five year average for this time of year,” the EIA said in its latest weekly petroleum status report. “Total motor gasoline inventories increased by 2.3 million barrels from last week and are about three percent below the five year average for this time of year. Finished gasoline inventories decreased, while blending components inventories increased last week,” the EIA added. “Distillate fuel inventories increased by 0.2 million barrels last week and are about seven percent below the five year average for this time of year. Propane/propylene inventories remained unchanged from last week and are about 16 percent above the five year average for this

North America Drops Rigs Week on Week
North America dropped two rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on November 14. The total U.S. rig count increased by one week on week and the total Canada rig count dropped by three during the same period, taking the total North America rig count down to 737, comprising 549 rigs from the U.S. and 188 rigs from Canada, the count outlined. Of the total U.S. rig count of 549, 527 rigs are categorized as land rigs, 19 are categorized as offshore rigs, and three are categorized as inland water rigs. The total U.S. rig count is made up of 417 oil rigs, 125 gas rigs, and seven miscellaneous rigs, according to Baker Hughes’ count, which revealed that the U.S. total comprises 476 horizontal rigs, 62 directional rigs, and 11 vertical rigs. Week on week, the U.S. offshore and land rig counts remained unchanged, and the country’s inland water rig count increased by one, Baker Hughes highlighted. The U.S. oil rig count increased by three, its gas rig count dropped by three, and its miscellaneous rig count increased by one, week on week, the count showed. The U.S. directional rig count increased by three and its horizontal rig count dropped by two week on week, while the country’s vertical rig count remained unchanged during the period, the count revealed. A major state variances subcategory included in the rig count showed that, week on week, New Mexico added two rigs, Louisiana added one rig, and North Dakota and Oklahoma each dropped one rig. A major basin variances subcategory included in the rig count showed that, week on week, the Permian basin added two rigs, the Cana Woodford basin dropped three rigs, and the Eagle Ford, Granite Wash and Williston basins each

USA EIA Raises WTI Oil Price Forecasts
In its latest short term energy outlook (STEO), which was released on November 12, the U.S. Energy Information Administration (EIA) increased its West Texas Intermediate (WTI) spot average price forecast for 2025 and 2026. According to this STEO, the EIA now sees the WTI spot price averaging $65.15 per barrel in 2025 and $51.26 per barrel in 2026. In its previous STEO, which was released in October, the EIA projected that the WTI spot price would average $65.00 per barrel in 2025 and $48.50 per barrel in 2026. The EIA’s September STEO forecast that the WTI spot price average would come in at $64.16 per barrel this year and $47.77 per barrel next year. A quarterly breakdown included in the EIA’s latest STEO projected that the WTI spot price will average $58.65 per barrel in the fourth quarter of 2025, $50.30 per barrel in the first quarter of next year, $50.68 per barrel in the second quarter, and $52.00 per barrel across the third and fourth quarters of 2026. The EIA’s October STEO saw the WTI spot price averaging $58.05 per barrel in the fourth quarter of next year, $47.97 per barrel in the first quarter of next year, $48.33 per barrel in the second quarter, $48.68 per barrel in the third quarter, and $49.00 per barrel in the fourth quarter of 2026. In its September STEO, the EIA projected that the WTI spot price would come in at $65.14 per barrel in the third quarter of 2025, $55.41 per barrel in the fourth quarter, $45.97 per barrel in the first quarter of next year, $46.33 per barrel in the second quarter, $48.68 per barrel in the third quarter, and $50.00 per barrel in the fourth quarter of 2026. The EIA’s latest STEO showed that the WTI spot price averaged

Phillips 66 to Supply SAF to DHL for Three Years
Phillips 66 has won a three-year contract to deliver over 240,000 metric tons of sustainable aviation fuel (SAF) to DHL Group. “The SAF will be produced at Phillips 66’s Rodeo Renewable Energy Complex in California, one of the world’s largest renewable fuels facilities with a production capacity of 150 million gallons per year of neat SAF (i.e. SAF that is not blended with conventional jet fuel)”, DHL said in an online statement. The bulk of the supply is for the Los Angeles International Airport, “with future intended deliveries to other West Coast airports where DHL maintains operations, such as San Francisco International Airport”, the German logistics giant said. “The agreement with Phillips 66 represents one of the largest SAF deals by a U.S. producer and for the overall air cargo sector, paving the way for future collaborations in the SAF space”, DHL said. The volume represents an avoidance of about 737,000 metric tons of lifecycle greenhouse gas emissions, according to DHL. “DHL Express has been actively securing SAF partnerships worldwide including in the Europe, America and Asia-Pacific regions since 2021, and this new agreement exemplifies its dedication to leveraging sustainable aviation fuels to address its air freight carbon footprint effectively”, DHL said. “This agreement will contribute significantly to DHL’s GoGreen Plus service, which enables customers to reduce their Scope 3 greenhouse gas emissions using SAF”. Phillips 66 vice president for aviation Ronald Sanchez said in a separate statement, “Our integrated model is a competitive advantage that enables resilience and value creation in the SAF market. Our people, capabilities and assets allow for feedstock optionality; our supply chain agility accounts for an evolving environment”. Phillips 66 said that earlier this year it had signed agreements to supply SAF to Alaska Airlines, British Airways, Qantas Airlines and United Airlines. Last year Phillips

Golden Pass LNG Amends Train 2 and 3 Contract
Golden Pass LNG Terminal LLC has reached an agreement with Chiyoda International Corp and McDermott LLC to amend the engineering, procurement and construction (EPC) terms for the second and third trains of the Texas project owned by QatarEnergy and Exxon Mobil Corp. Yokohama-based Chiyoda, Houston-based McDermott and San Antonio-based Zachry Holdings Inc (ZHI) won the contract 2019. However, ZHI filed for Chapter 11 bankruptcy last year, leading to a court-approved settlement that allowed ZHI to exit the contract. The EPC terms for Train 1 had been amended late last year, as announced by Chiyoda November 25, 2024. Earlier this year Chiyoda and McDermott signed binding terms with Golden Pass for key components of Trains 2 and 3 including payment terms based on the reassessment of the allocation regarding future costs, according to online statements by Chiyoda. Later the parties agreed on more detailed terms, and the revised EPC contract for Trains 2 and 3 was signed this month, Chiyoda said in a statement this week. Chiyoda has not disclosed details about the revised contract terms for the three liquefaction trains. Its latest statement said, “We will further examine the details of the revised provisions and impacts on profitability and will make any adjustments for prompt announcement based on disclosure standards for performance forecasts when it becomes possible to calculate profit and loss”. In 2024 ZHI filed for bankruptcy before the U.S. Bankruptcy Court for the Southern District of Texas to allow it to restructure finances and exit the project. According to the text of the Chapter 11 complaint filed May 21, 2024, ZHI had to shoulder higher costs emanating from demands by Golden Pass to get the project back on track after it had gone beyond schedule and over budget due to “unexpected challenges”. On July 24, 2024, ZHI said the

India Seeks Mideast Oil Shippers amid Russia Sanctions
A surge in bookings for oil tankers to bring cargoes from the Middle East to India points to higher import flows ahead, as sanctions on major Russian producers force the South Asian importer to seek alternatives. So far this week, roughly a dozen vessels have been chartered to ship crude from countries including Saudi Arabia, Kuwait, Iraq and the United Arab Emirates and ferry it across the Arabian Sea, according to shipbroker reports. That’s a jump from the same time last month, when about four fixtures were seen. These bookings include supertankers known as Very Large Crude Carriers as well as smaller Suezmax vessels, for oil loading late November to December. Indian importers are still seeking even more tankers for the same routes, the reports show. Oil traders have been closely monitoring India’s spot and term purchases of non-Russian crudes as they try to make sense of the Asian nation’s next steps, ahead of Nov. 21, when sanctions on Rosneft PJSC and Lukoil PJSC come into effect. While these fixtures are not necessarily exhaustive – bookings can be made through private negotiations – they reflect the broader purchasing patterns of refiners and as such provide a window into an opaque market. The latest bookings are helping to push up freight rates, with daily costs of hiring an oil supertanker from the Middle East to Asia hovering near a five-year high. Five of India’s seven refiners, including Reliance Industries Ltd., have said they would no longer take delivery of Russian crude after the wind-down period ends this week. The remaining companies are expected to continue considering purchases from non-sanctioned sellers. India’s oil purchases through monthly tenders has showed a small increase in volume from usual patterns. However, the addition isn’t yet enough to make up for the possible loss of over one million

NSTA Announces ‘Giant Leap Forward for North Sea Data Sharing’
The North Sea Transition Authority (NSTA) announced a “giant leap forward for North Sea data sharing” in a statement posted on its website recently. In that statement, the NSTA revealed that a new “data portal signposting page” had been established by eight organizations “dedicated to sharing offshore information”. The NSTA described the new page as “a one-stop shop providing easy access to North Sea facts and figures”. The UKCS Data Portals site was set up by the Offshore Energy Digital Strategy Group (DSG) and signposts to data from Admiralty Marine (AM), BGS GeoIndex, The Crown Estate (TCE), The Crown Estate Scotland (CES), European Marine Observation and Data Network (EMOD), Marine Data Exchange (MDE), Marine Environmental & Data Network (MEDIN), and the NSTA, the NSTA highlighted in the statement. “Each organization has agreed to share the information available on their individual sites in one convenient place,” the NSTA said in the statement. “Users will be able to access and cross-refer information that will aid effective decision-making and help to ensure that the North Sea is used to its full potential and environmental rules are followed,” it added. “From wrecks on the seabed to the movements of sharks, and the locations of wells to where carbon can be stored, the new UKCS data portals site has all the info you need,” the NSTA noted in the statement. The NSTA pointed out that the new portal follows a workshop run by the DSG in February this year, which the NSTA said “highlighted the growing need for access to reliable information”. “This need is becoming more acute as more industries look to share space in the North Sea,” the NSTA said. The NSTA noted that the site is the first iteration and added that it is expected that further improvements, including standardizing terms, will

West of Orkney developers helped support 24 charities last year
The developers of the 2GW West of Orkney wind farm paid out a total of £18,000 to 24 organisations from its small donations fund in 2024. The money went to projects across Caithness, Sutherland and Orkney, including a mental health initiative in Thurso and a scheme by Dunnet Community Forest to improve the quality of meadows through the use of traditional scythes. Established in 2022, the fund offers up to £1,000 per project towards programmes in the far north. In addition to the small donations fund, the West of Orkney developers intend to follow other wind farms by establishing a community benefit fund once the project is operational. West of Orkney wind farm project director Stuart McAuley said: “Our donations programme is just one small way in which we can support some of the many valuable initiatives in Caithness, Sutherland and Orkney. “In every case we have been immensely impressed by the passion and professionalism each organisation brings, whether their focus is on sport, the arts, social care, education or the environment, and we hope the funds we provide help them achieve their goals.” In addition to the local donations scheme, the wind farm developers have helped fund a £1 million research and development programme led by EMEC in Orkney and a £1.2m education initiative led by UHI. It also provided £50,000 to support the FutureSkills apprenticeship programme in Caithness, with funds going to employment and training costs to help tackle skill shortages in the North of Scotland. The West of Orkney wind farm is being developed by Corio Generation, TotalEnergies and Renewable Infrastructure Development Group (RIDG). The project is among the leaders of the ScotWind cohort, having been the first to submit its offshore consent documents in late 2023. In addition, the project’s onshore plans were approved by the

Biden bans US offshore oil and gas drilling ahead of Trump’s return
US President Joe Biden has announced a ban on offshore oil and gas drilling across vast swathes of the country’s coastal waters. The decision comes just weeks before his successor Donald Trump, who has vowed to increase US fossil fuel production, takes office. The drilling ban will affect 625 million acres of federal waters across America’s eastern and western coasts, the eastern Gulf of Mexico and Alaska’s Northern Bering Sea. The decision does not affect the western Gulf of Mexico, where much of American offshore oil and gas production occurs and is set to continue. In a statement, President Biden said he is taking action to protect the regions “from oil and natural gas drilling and the harm it can cause”. “My decision reflects what coastal communities, businesses, and beachgoers have known for a long time: that drilling off these coasts could cause irreversible damage to places we hold dear and is unnecessary to meet our nation’s energy needs,” Biden said. “It is not worth the risks. “As the climate crisis continues to threaten communities across the country and we are transitioning to a clean energy economy, now is the time to protect these coasts for our children and grandchildren.” Offshore drilling ban The White House said Biden used his authority under the 1953 Outer Continental Shelf Lands Act, which allows presidents to withdraw areas from mineral leasing and drilling. However, the law does not give a president the right to unilaterally reverse a drilling ban without congressional approval. This means that Trump, who pledged to “unleash” US fossil fuel production during his re-election campaign, could find it difficult to overturn the ban after taking office. Sunset shot of the Shell Olympus platform in the foreground and the Shell Mars platform in the background in the Gulf of Mexico Trump
The Download: our 10 Breakthrough Technologies for 2025
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. Introducing: MIT Technology Review’s 10 Breakthrough Technologies for 2025 Each year, we spend months researching and discussing which technologies will make the cut for our 10 Breakthrough Technologies list. We try to highlight a mix of items that reflect innovations happening in various fields. We look at consumer technologies, large industrial-scale projects, biomedical advances, changes in computing, climate solutions, the latest in AI, and more.We’ve been publishing this list every year since 2001 and, frankly, have a great track record of flagging things that are poised to hit a tipping point. It’s hard to think of another industry that has as much of a hype machine behind it as tech does, so the real secret of the TR10 is really what we choose to leave off the list.Check out the full list of our 10 Breakthrough Technologies for 2025, which is front and center in our latest print issue. It’s all about the exciting innovations happening in the world right now, and includes some fascinating stories, such as: + How digital twins of human organs are set to transform medical treatment and shake up how we trial new drugs.+ What will it take for us to fully trust robots? The answer is a complicated one.+ Wind is an underutilized resource that has the potential to steer the notoriously dirty shipping industry toward a greener future. Read the full story.+ After decades of frustration, machine-learning tools are helping ecologists to unlock a treasure trove of acoustic bird data—and to shed much-needed light on their migration habits. Read the full story.
+ How poop could help feed the planet—yes, really. Read the full story.
Roundtables: Unveiling the 10 Breakthrough Technologies of 2025 Last week, Amy Nordrum, our executive editor, joined our news editor Charlotte Jee to unveil our 10 Breakthrough Technologies of 2025 in an exclusive Roundtable discussion. Subscribers can watch their conversation back here. And, if you’re interested in previous discussions about topics ranging from mixed reality tech to gene editing to AI’s climate impact, check out some of the highlights from the past year’s events. This international surveillance project aims to protect wheat from deadly diseases For as long as there’s been domesticated wheat (about 8,000 years), there has been harvest-devastating rust. Breeding efforts in the mid-20th century led to rust-resistant wheat strains that boosted crop yields, and rust epidemics receded in much of the world.But now, after decades, rusts are considered a reemerging disease in Europe, at least partly due to climate change. An international initiative hopes to turn the tide by scaling up a system to track wheat diseases and forecast potential outbreaks to governments and farmers in close to real time. And by doing so, they hope to protect a crop that supplies about one-fifth of the world’s calories. Read the full story. —Shaoni Bhattacharya
The must-reads I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology. 1 Meta has taken down its creepy AI profiles Following a big backlash from unhappy users. (NBC News)+ Many of the profiles were likely to have been live from as far back as 2023. (404 Media)+ It also appears they were never very popular in the first place. (The Verge) 2 Uber and Lyft are racing to catch up with their robotaxi rivalsAfter abandoning their own self-driving projects years ago. (WSJ $)+ China’s Pony.ai is gearing up to expand to Hong Kong. (Reuters)3 Elon Musk is going after NASA He’s largely veered away from criticising the space agency publicly—until now. (Wired $)+ SpaceX’s Starship rocket has a legion of scientist fans. (The Guardian)+ What’s next for NASA’s giant moon rocket? (MIT Technology Review) 4 How Sam Altman actually runs OpenAIFeaturing three-hour meetings and a whole lot of Slack messages. (Bloomberg $)+ ChatGPT Pro is a pricey loss-maker, apparently. (MIT Technology Review) 5 The dangerous allure of TikTokMigrants’ online portrayal of their experiences in America aren’t always reflective of their realities. (New Yorker $) 6 Demand for electricity is skyrocketingAnd AI is only a part of it. (Economist $)+ AI’s search for more energy is growing more urgent. (MIT Technology Review) 7 The messy ethics of writing religious sermons using AISkeptics aren’t convinced the technology should be used to channel spirituality. (NYT $)
8 How a wildlife app became an invaluable wildfire trackerWatch Duty has become a safeguarding sensation across the US west. (The Guardian)+ How AI can help spot wildfires. (MIT Technology Review) 9 Computer scientists just love oracles 🔮 Hypothetical devices are a surprisingly important part of computing. (Quanta Magazine)
10 Pet tech is booming 🐾But not all gadgets are made equal. (FT $)+ These scientists are working to extend the lifespan of pet dogs—and their owners. (MIT Technology Review) Quote of the day “The next kind of wave of this is like, well, what is AI doing for me right now other than telling me that I have AI?” —Anshel Sag, principal analyst at Moor Insights and Strategy, tells Wired a lot of companies’ AI claims are overblown.
The big story Broadband funding for Native communities could finally connect some of America’s most isolated places September 2022 Rural and Native communities in the US have long had lower rates of cellular and broadband connectivity than urban areas, where four out of every five Americans live. Outside the cities and suburbs, which occupy barely 3% of US land, reliable internet service can still be hard to come by.
The covid-19 pandemic underscored the problem as Native communities locked down and moved school and other essential daily activities online. But it also kicked off an unprecedented surge of relief funding to solve it. Read the full story. —Robert Chaney 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 or skeet ’em at me.) + Rollerskating Spice Girls is exactly what your Monday morning needs.+ It’s not just you, some people really do look like their dogs!+ I’m not sure if this is actually the world’s healthiest meal, but it sure looks tasty.+ Ah, the old “bitten by a rabid fox chestnut.”

Equinor Secures $3 Billion Financing for US Offshore Wind Project
Equinor ASA has announced a final investment decision on Empire Wind 1 and financial close for $3 billion in debt financing for the under-construction project offshore Long Island, expected to power 500,000 New York homes. The Norwegian majority state-owned energy major said in a statement it intends to farm down ownership “to further enhance value and reduce exposure”. Equinor has taken full ownership of Empire Wind 1 and 2 since last year, in a swap transaction with 50 percent co-venturer BP PLC that allowed the former to exit the Beacon Wind lease, also a 50-50 venture between the two. Equinor has yet to complete a portion of the transaction under which it would also acquire BP’s 50 percent share in the South Brooklyn Marine Terminal lease, according to the latest transaction update on Equinor’s website. The lease involves a terminal conversion project that was intended to serve as an interconnection station for Beacon Wind and Empire Wind, as agreed on by the two companies and the state of New York in 2022. “The expected total capital investments, including fees for the use of the South Brooklyn Marine Terminal, are approximately $5 billion including the effect of expected future tax credits (ITCs)”, said the statement on Equinor’s website announcing financial close. Equinor did not disclose its backers, only saying, “The final group of lenders includes some of the most experienced lenders in the sector along with many of Equinor’s relationship banks”. “Empire Wind 1 will be the first offshore wind project to connect into the New York City grid”, the statement added. “The redevelopment of the South Brooklyn Marine Terminal and construction of Empire Wind 1 will create more than 1,000 union jobs in the construction phase”, Equinor said. On February 22, 2024, the Bureau of Ocean Energy Management (BOEM) announced

USA Crude Oil Stocks Drop Week on Week
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 1.2 million barrels from the week ending December 20 to the week ending December 27, the U.S. Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report, which was released on January 2. Crude oil stocks, excluding the SPR, stood at 415.6 million barrels on December 27, 416.8 million barrels on December 20, and 431.1 million barrels on December 29, 2023, the report revealed. Crude oil in the SPR came in at 393.6 million barrels on December 27, 393.3 million barrels on December 20, and 354.4 million barrels on December 29, 2023, the report showed. Total petroleum stocks – including crude oil, total motor gasoline, fuel ethanol, kerosene type jet fuel, distillate fuel oil, residual fuel oil, propane/propylene, and other oils – stood at 1.623 billion barrels on December 27, the report revealed. This figure was up 9.6 million barrels week on week and up 17.8 million barrels year on year, the report outlined. “At 415.6 million barrels, U.S. crude oil inventories are about five percent below the five year average for this time of year,” the EIA said in its latest report. “Total motor gasoline inventories increased by 7.7 million barrels from last week and are slightly below the five year average for this time of year. Finished gasoline inventories decreased last week while blending components inventories increased last week,” it added. “Distillate fuel inventories increased by 6.4 million barrels last week and are about six percent below the five year average for this time of year. Propane/propylene inventories decreased by 0.6 million barrels from last week and are 10 percent above the five year average for this time of year,” it went on to state. In the report, the EIA noted

More telecom firms were breached by Chinese hackers than previously reported
Broader implications for US infrastructure The Salt Typhoon revelations follow a broader pattern of state-sponsored cyber operations targeting the US technology ecosystem. The telecom sector, serving as a backbone for industries including finance, energy, and transportation, remains particularly vulnerable to such attacks. While Chinese officials have dismissed the accusations as disinformation, the recurring breaches underscore the pressing need for international collaboration and policy enforcement to deter future attacks. The Salt Typhoon campaign has uncovered alarming gaps in the cybersecurity of US telecommunications firms, with breaches now extending to over a dozen networks. Federal agencies and private firms must act swiftly to mitigate risks as adversaries continue to evolve their attack strategies. Strengthening oversight, fostering industry-wide collaboration, and investing in advanced defense mechanisms are essential steps toward safeguarding national security and public trust.

OpenAI’s new LLM exposes the secrets of how AI really works
ChatGPT maker OpenAI has built an experimental large language model that is far easier to understand than typical models. That’s a big deal, because today’s LLMs are black boxes: Nobody fully understands how they do what they do. Building a model that is more transparent sheds light on how LLMs work in general, helping researchers figure out why models hallucinate, why they go off the rails, and just how far we should trust them with critical tasks. “As these AI systems get more powerful, they’re going to get integrated more and more into very important domains,” Leo Gao, a research scientist at OpenAI, told MIT Technology Review in an exclusive preview of the new work. “It’s very important to make sure they’re safe.” This is still early research. The new model, called a weight-sparse transformer, is far smaller and far less capable than top-tier mass-market models like the firm’s GPT-5, Anthropic’s Claude, and Google DeepMind’s Gemini. At most it’s as capable as GPT-1, a model that OpenAI developed back in 2018, says Gao (though he and his colleagues haven’t done a direct comparison).
But the aim isn’t to compete with the best in class (at least, not yet). Instead, by looking at how this experimental model works, OpenAI hopes to learn about the hidden mechanisms inside those bigger and better versions of the technology. It’s interesting research, says Elisenda Grigsby, a mathematician at Boston College who studies how LLMs work and who was not involved in the project: “I’m sure the methods it introduces will have a significant impact.”
Lee Sharkey, a research scientist at AI startup Goodfire, agrees. “This work aims at the right target and seems well executed,” he says. Why models are so hard to understand OpenAI’s work is part of a hot new field of research known as mechanistic interpretability, which is trying to map the internal mechanisms that models use when they carry out different tasks. That’s harder than it sounds. LLMs are built from neural networks, which consist of nodes, called neurons, arranged in layers. In most networks, each neuron is connected to every other neuron in its adjacent layers. Such a network is known as a dense network. Dense networks are relatively efficient to train and run, but they spread what they learn across a vast knot of connections. The result is that simple concepts or functions can be split up between neurons in different parts of a model. At the same time, specific neurons can also end up representing multiple different features, a phenomenon known as superposition (a term borrowed from quantum physics). The upshot is that you can’t relate specific parts of a model to specific concepts. “Neural networks are big and complicated and tangled up and very difficult to understand,” says Dan Mossing, who leads the mechanistic interpretability team at OpenAI. “We’ve sort of said: ‘Okay, what if we tried to make that not the case?’” Instead of building a model using a dense network, OpenAI started with a type of neural network known as a weight-sparse transformer, in which each neuron is connected to only a few other neurons. This forced the model to represent features in localized clusters rather than spread them out. Their model is far slower than any LLM on the market. But it is easier to relate its neurons or groups of neurons to specific concepts and functions. “There’s a really drastic difference in how interpretable the model is,” says Gao. Gao and his colleagues have tested the new model with very simple tasks. For example, they asked it to complete a block of text that opens with quotation marks by adding matching marks at the end.
It’s a trivial request for an LLM. The point is that figuring out how a model does even a straightforward task like that involves unpicking a complicated tangle of neurons and connections, says Gao. But with the new model, they were able to follow the exact steps the model took. “We actually found a circuit that’s exactly the algorithm you would think to implement by hand, but it’s fully learned by the model,” he says. “I think this is really cool and exciting.” Where will the research go next? Grigsby is not convinced the technique would scale up to larger models that have to handle a variety of more difficult tasks. Gao and Mossing acknowledge that this is a big limitation of the model they have built so far and agree that the approach will never lead to models that match the performance of cutting-edge products like GPT-5. And yet OpenAI thinks it might be able to improve the technique enough to build a transparent model on a par with GPT-3, the firm’s breakthrough 2021 LLM. “Maybe within a few years, we could have a fully interpretable GPT-3, so that you could go inside every single part of it and you could understand how it does every single thing,” says Gao. “If we had such a system, we would learn so much.”

Google DeepMind is using Gemini to train agents inside Goat Simulator 3
Google DeepMind has built a new video-game-playing agent called SIMA 2 that can navigate and solve problems in a wide range of 3D virtual worlds. The company claims it’s a big step toward more general-purpose agents and better real-world robots. Google DeepMind first demoed SIMA (which stands for “scalable instructable multiworld agent”) last year. But SIMA 2 has been built on top of Gemini, the firm’s flagship large language model, which gives the agent a huge boost in capability. The researchers claim that SIMA 2 can carry out a range of more complex tasks inside virtual worlds, figure out how to solve certain challenges by itself, and chat with its users. It can also improve itself by tackling harder tasks multiple times and learning through trial and error. “Games have been a driving force behind agent research for quite a while,” Joe Marino, a research scientist at Google DeepMind, said in a press conference this week. He noted that even a simple action in a game, such as lighting a lantern, can involve multiple steps: “It’s a really complex set of tasks you need to solve to progress.”
The ultimate aim is to develop next-generation agents that are able to follow instructions and carry out open-ended tasks inside more complex environments than a web browser. In the long run, Google DeepMind wants to use such agents to drive real-world robots. Marino claimed that the skills SIMA 2 has learned, such as navigating an environment, using tools, and collaborating with humans to solve problems, are essential building blocks for future robot companions. Unlike previous work on game-playing agents such as AlphaZero, which beat a Go grandmaster in 2016, or AlphaStar, which beat 99.8% of ranked human competition players at the video game StarCraft 2 in 2019, the idea behind SIMA is to train an agent to play an open-ended game without preset goals. Instead, the agent learns to carry out instructions given to it by people.
Humans control SIMA 2 via text chat, by talking to it out loud, or by drawing on the game’s screen. The agent takes in a video game’s pixels frame by frame and figures out what actions it needs to take to carry out its tasks. Like its predecessor, SIMA 2 was trained on footage of humans playing eight commercial video games, including No Man’s Sky and Goat Simulator 3, as well as three virtual worlds created by the company. The agent learned to match keyboard and mouse inputs to actions. Hooked up to Gemini, the researchers claim, SIMA 2 is far better at following instructions (asking questions and providing updates as it goes) and figuring out for itself how to perform certain more complex tasks. Google DeepMind tested the agent inside environments it had never seen before. In one set of experiments, researchers asked Genie 3, the latest version of the firm’s world model, to produce environments from scratch and dropped SIMA 2 into them. They found that the agent was able to navigate and carry out instructions there. The researchers also used Gemini to generate new tasks for SIMA 2. If the agent failed, at first Gemini generated tips that SIMA 2 took on board when it tried again. Repeating a task multiple times in this way often allowed SIMA 2 to improve by trial and error until it succeeded, Marino said. Git gud SIMA 2 is still an experiment. The agent struggles with complex tasks that require multiple steps and more time to complete. It also remembers only its most recent interactions (to make SIMA 2 more responsive, the team cut its long-term memory). It’s also still nowhere near as good as people at using a mouse and keyboard to interact with a virtual world. Julian Togelius, an AI researcher at New York University who works on creativity and video games, thinks it’s an interesting result. Previous attempts at training a single system to play multiple games haven’t gone too well, he says. That’s because training models to control multiple games just by watching the screen isn’t easy: “Playing in real time from visual input only is ‘hard mode,’” he says. In particular, Togelius calls out GATO, a previous system from Google DeepMind, which—despite being hyped at the time—could not transfer skills across a significant number of virtual environments.
Still, he is open-minded about whether or not SIMA 2 could lead to better robots. “The real world is both harder and easier than video games,” he says. It’s harder because you can’t just press A to open a door. At the same time, a robot in the real world will know exactly what its body can and can’t do at any time. That’s not the case in video games, where the rules inside each virtual world can differ. Others are more skeptical. Matthew Guzdial, an AI researcher at the University of Alberta, isn’t too surprised that SIMA 2 can play many different video games. He notes that most games have very similar keyboard and mouse controls: Learn one and you learn them all. “If you put a game with weird input in front of it, I don’t think it’d be able to perform well,” he says. Guzdial also questions how much of what SIMA 2 has learned would really carry over to robots. “It’s much harder to understand visuals from cameras in the real world compared to games, which are designed with easily parsable visuals for human players,” he says. Still, Marino and his colleagues hope to continue their work with Genie 3 to allow the agent to improve inside a kind of endless virtual training dojo, where Genie generates worlds for SIMA to learn in via trial and error guided by Gemini’s feedback. “We’ve kind of just scratched the surface of what’s possible,” he said at the press conference.

The Download: AI to measure pain, and how to deal with conspiracy theorists
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. AI is changing how we quantify pain Researchers around the world are racing to turn pain—medicine’s most subjective vital sign—into something a camera or sensor can score as reliably as blood pressure.The push has already produced PainChek—a smartphone app that scans people’s faces for tiny muscle movements and uses artificial intelligence to output a pain score—which has been cleared by regulators on three continents and has logged more than 10 million pain assessments. Other startups are beginning to make similar inroads. The way we assess pain may finally be shifting, but when algorithms measure our suffering, does that change the way we treat it? Read the full story.
—Deena Mousa This story is from the latest print issue of MIT Technology Review magazine, which is full of fascinating stories about our bodies. If you haven’t already, subscribe now to receive future issues once they land.
How to help friends and family dig out of a conspiracy theory black hole —Niall Firth Someone I know became a conspiracy theorist seemingly overnight. It was during the pandemic. They suddenly started posting daily on Facebook about the dangers of covid vaccines and masks, warning of an attempt to control us.As a science and technology journalist, I felt that my duty was to respond. I tried, but all I got was derision. Even now I still wonder: Are there things I could have done differently to talk them back down and help them see sense? I gave Sander van der Linden, professor of social psychology in society at the University of Cambridge, a call to ask: What would he advise if family members or friends show signs of having fallen down the rabbit hole? Read the full story. This story is part of MIT Technology Review’s series “The New Conspiracy Age,” on how the present boom in conspiracy theories is reshaping science and technology. Check out the rest of the series here. It’s also part of our How To series, giving you practical advice to help you get things done. If you’re interested in hearing more about how to survive in the age of conspiracies, join our features editor Amanda Silverman and executive editor Niall Firth for a subscriber-exclusive Roundtable conversation with conspiracy expert Mike Rothschild. It’s at 1pm ET on Thursday November 20—register now to join us!
Google is still aiming for its “moonshot” 2030 energy goals —Casey Crownhart Last week, we hosted EmTech MIT, MIT Technology Review’s annual flagship conference in Cambridge, Massachusetts. As you might imagine, some of this climate reporter’s favorite moments came in the climate sessions. I was listening especially closely to my colleague James Temple’s discussion with Lucia Tian, head of advanced energy technologies at Google. They spoke about the tech giant’s growing energy demand and what sort of technologies the company is looking to to help meet it. In case you weren’t able to join us, let’s dig into that session and consider how the company is thinking about energy in the face of AI’s rapid rise. Read the full story. This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. The must-reads
I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology. 1 ChatGPT is now “warmer and more conversational”But it’s also slightly more willing to discuss sexual and violent content. (The Register)+ ChatGPT has a very specific writing style. (WP $)+ The looming crackdown on AI companionship. (MIT Technology Review)
2 The US could deny visas to visitors with obesity, cancer or diabetesAs part of its ongoing efforts to stem the flow of people trying to enter the country. (WP $)3 Microsoft is planning to create its own AI chipAnd it’s going to use OpenAI’s internal chip-building plans to do it. (Bloomberg $)+ The company is working on a colossal data center in Atlanta. (WSJ $) 4 Early AI agent adopters are convinced they’ll see a return on their investment soon Mind you, they would say that. (WSJ $)+ An AI adoption riddle. (MIT Technology Review)5 Waymo’s robotaxis are hitting American highwaysUntil now, they’ve typically gone out of their way to avoid them. (The Verge)+ Its vehicles will now reach speeds of up to 65 miles per hour. (FT $)+ Waymo is proving long-time detractor Elon Musk wrong. (Insider $) 6 A new Russian unit is hunting down Ukraine’s drone operatorsIt’s tasked with killing the pilots behind Ukraine’s successful attacks. (FT $)+ US startup Anduril wants to build drones in the UAE. (Bloomberg $)+ Meet the radio-obsessed civilian shaping Ukraine’s drone defense. (MIT Technology Review) 7 Anthropic’s Claude successfully controlled a robot dogIt’s important to know what AI models may do when given access to physical systems. (Wired $) 8 Grok briefly claimed Donald Trump won the 2020 US electionAs reliable as ever, I see. (The Guardian) 9 The Northern Lights are playing havoc with satellitesSolar storms may look spectacular, but they make it harder to keep tabs on space. (NYT $)+ Seriously though, they look amazing. (The Atlantic $)+ NASA’s new AI model can predict when a solar storm may strike. (MIT Technology Review)
10 Apple users can now use digital versions of their passportsBut it’s strictly for internal flights within the US only. (TechCrunch) Quote of the day “I hope this mistake will turn into an experience.”
—Vladimir Vitukhin, chief executive of the company behind Russia’s first anthropomorphic robot AIDOL, offers a philosophical response to the machine falling flat on its face during a reveal event, the New York Times reports. One more thing Welcome to the oldest part of the metaverseHeadlines treat the metaverse as a hazy dream yet to be built. But if it’s defined as a network of virtual worlds we can inhabit, its oldest corner has been already running for 25 years.It’s a medieval fantasy kingdom created for the online role-playing game Ultima Online. It was the first to simulate an entire world: a vast, dynamic realm where players could interact with almost anything, from fruit on trees to books on shelves.Ultima Online has already endured a quarter-century of market competition, economic turmoil, and political strife. So what can this game and its players tell us about creating the virtual worlds of the future? Read the full story. —John-Clark Levin 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 or skeet ’em at me.) + Unlikely duo Sting and Shaggy are starring together in a New York musical.+ Barry Manilow was almost in Airplane!? That would be an entirely different kind of flying, altogether ✈️+ What makes someone sexy? Well, that depends.+ Keep an eye on those pink dolphins, they’re notorious thieves.

Google is still aiming for its “moonshot” 2030 energy goals
Last week, we hosted EmTech MIT, MIT Technology Review’s annual flagship conference in Cambridge, Massachusetts. Over the course of three days of main-stage sessions, I learned about innovations in AI, biotech, and robotics. But as you might imagine, some of this climate reporter’s favorite moments came in the climate sessions. I was listening especially closely to my colleague James Temple’s discussion with Lucia Tian, head of advanced energy technologies at Google. They spoke about the tech giant’s growing energy demand and what sort of technologies the company is looking to to help meet it. In case you weren’t able to join us, let’s dig into that session and consider how the company is thinking about energy in the face of AI’s rapid rise. I’ve been closely following Google’s work in energy this year. Like the rest of the tech industry, the company is seeing ballooning electricity demand in its data centers. That could get in the way of a major goal that Google has been talking about for years.
See, back in 2020, the company announced an ambitious target: by 2030, it aimed to run on carbon-free energy 24-7. Basically, that means Google would purchase enough renewable energy on the grids where it operates to meet its entire electricity demand, and the purchases would match up so the electricity would have to be generated when the company was actually using energy. (For more on the nuances of Big Tech’s renewable-energy pledges, check out James’s piece from last year.) Google’s is an ambitious goal, and on stage, Tian said that the company is still aiming for it but acknowledged that it’s looking tough with the rise of AI.
“It was always a moonshot,” she said. “It’s something very, very hard to achieve, and it’s only harder in the face of this growth. But our perspective is, if we don’t move in that direction, we’ll never get there.” Google’s total electricity demand more than doubled from 2020 to 2024, according to its latest Environmental Report. As for that goal of 24-7 carbon-free energy? The company is basically treading water. While it was at 67% for its data centers in 2020, last year it came in at 66%. Not going backwards is something of an accomplishment, given the rapid growth in electricity demand. But it still leaves the company some distance away from its finish line. To close the gap, Google has been signing what feels like constant deals in the energy space. Two recent announcements that Tian talked about on stage were a project involving carbon capture and storage at a natural-gas plant in Illinois and plans to reopen a shuttered nuclear power plant in Iowa. Let’s start with carbon capture. Google signed an agreement to purchase most of the electricity from a new natural-gas plant, which will capture and store about 90% of its carbon dioxide emissions. That announcement was controversial, with critics arguing that carbon capture keeps fossil-fuel infrastructure online longer and still releases greenhouse gases and other pollutants into the atmosphere. One question that James raised on stage: Why build a new natural-gas plant rather than add equipment to an already existing facility? Tacking on equipment to an operational plant would mean cutting emissions from the status quo, rather than adding entirely new fossil-fuel infrastructure. The company did consider many existing plants, Tian said. But, as she put it, “Retrofits aren’t going to make sense everywhere.” Space can be limited at existing plants, for example, and many may not have the right geology to store carbon dioxide underground.
“We wanted to lead with a project that could prove this technology at scale,” Tian said. This site has an operational Class VI well, the type used for permanent sequestration, she added, and it also doesn’t require a big pipeline buildout. Tian also touched on the company’s recent announcement that it’s collaborating with NextEra Energy to reopen Duane Arnold Energy Center, a nuclear power plant in Iowa. The company will purchase electricity from that plant, which is scheduled to reopen in 2029. As I covered in a story earlier this year, Duane Arnold was basically the final option in the US for companies looking to reopen shuttered nuclear power plants. “Just a few years back, we were still closing down nuclear plants in this country,” Tian said on stage. While each reopening will look a little different, Tian highlighted the groups working to restart the Palisades plant in Michigan, which was the first reopening to be announced, last spring. “They’re the real heroes of the story,” she said. I’m always interested to get a peek behind the curtain at how Big Tech is thinking about energy. I’m skeptical but certainly interested to see how Google’s, and the rest of the industry’s, goals shape up over the next few years. This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here.

The Download: how to survive a conspiracy theory, and moldy cities
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. What it’s like to be in the middle of a conspiracy theory (according to a conspiracy theory expert) —Mike Rothschild is a journalist and an expert on the growth and impact of conspiracy theories and disinformation.It’s something of a familiar cycle by now: Tragedy hits; rampant misinformation and conspiracy theories follow. It’s often even more acute in the case of a natural disaster, when conspiracy theories about what “really” caused the calamity run right into culture-war-driven climate change denialism. Put together, these theories obscure real causes while elevating fake ones.I’ve studied these ideas extensively, having spent the last 10 years writing about conspiracy theories and disinformation as a journalist and researcher. I’ve covered everything from the rise of QAnon to whether Donald Trump faked his assassination attempt. I’ve written three books, testified to Congress, and even written a report for the January 6th Committee. Still, I’d never lived it. Not until my house in Altadena, California, burned down. Read the full story.
This story is part of MIT Technology Review’s series “The New Conspiracy Age,” on how the present boom in conspiracy theories is reshaping science and technology. Check out the rest of the series here. It’s also featured in this week’s MIT Technology Review Narrated podcast, which we publish each week on Spotify and Apple Podcasts. If you’d like to hear more from Mike, he’ll be joining our features editor Amanda Silverman and executive editor Niall Firth for a subscriber-exclusive Roundtable conversation exploring how we can survive in the age of conspiracies. It’s at 1pm ET on Thursday November 20—register now to join us!
This startup thinks slime mold can help us design better cities It is a yellow blob with no brain, yet some researchers believe a curious organism known as slime mold could help us build more resilient cities.Humans have been building cities for 6,000 years, but slime mold has been around for 600 million. The team behind a new startup called Mireta wants to translate the organism’s biological superpowers into algorithms that might help improve transit times, alleviate congestion, and minimize climate-related disruptions in cities worldwide. Read the full story. —Elissaveta M. Brandon This story is from the latest print issue of MIT Technology Review magazine, which is full of fascinating stories about our bodies. If you haven’t already, subscribe now to receive future issues once they land. The must-reads I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology.
1 US government officials are skipping COP30And American corporate executives are following their lead. (NYT $)+ Protestors stormed the climate talks in Brazil. (The Guardian)+ Gavin Newsom took aim at Donald Trump’s climate policies onstage. (FT $) 2 The UK may assess AI models for their ability to generate CSAMIts government has suggested amending a legal bill to enable the tests. (BBC)+ US investigators are using AI to detect child abuse images made by AI. (MIT Technology Review) 3 Google is suing a group of Chinese hackersIt claims they’re selling software to enable criminal scams. (FT $)+ The group allegedly sends colossal text message phishing attacks. (CBS News)4 A major ‘cryptoqueen’ criminal has been jailedQian Zhimin used money stolen from Chinese pensioners to buy cryptocurrency now worth billions. (BBC)+ She defrauded her victims through an elaborate ponzi scheme. (CNN) 5 Carbon capture’s creators fear it’s being misusedOverreliance on the method could breed overconfidence and cause countries to delay reducing emissions. (Bloomberg $)+ Big Tech’s big bet on a controversial carbon removal tactic. (MIT Technology Review) 6 The UK will use AI to phase out animal testing3D bioprinted human tissues could also help to speed up the process. (The Guardian)+ But the AI boom is looking increasingly precarious. (WSJ $) 7 Louisiana is dealing with a whooping cough outbreakTwo infants have died to date from the wholly preventative disease. (Undark) 8 Here’s how ordinary people use ChatGPTEmotional support and discussions crop up regularly.(WP $)+ It’s surprisingly easy to stumble into a relationship with an AI chatbot. (MIT Technology Review) 9 Inside the search for lost continentsA newly-discovered mechanism is shedding light on why they may have vanished. (404 Media)+ How environmental DNA is giving scientists a new way to understand our world. (MIT Technology Review)
10 AI is taking Gen Z’s entry-level jobsEspecially in traditionally graduate-friendly consultancies. (NY Mag $)+ What the Industrial Revolution can teach us about how to handle AI. (Knowable Magazine)+ America’s corporate boards are stumbling in the dark. (WSJ $)
Quote of the day “We can’t eat money.” —Nato, an Indigenous leader from the Tupinamba community, tells Reuters why they are protesting at the COP30 climate summit in Brazil against any potential sale of their land. One more thing How K-pop fans are shaping elections around the globeBack in the early ‘90s, Korean pop music, known as K-pop, was largely conserved to its native South Korea. It’s since exploded around the globe into an international phenomenon, emphasizing choreography and elaborate performance.It’s made bands like Girls Generation, EXO, BTS, and Blackpink into household names, and inspired a special brand of particularly fierce devotion in their fans.Now, those same fandoms have learned how to use their digital skills to advocate for social change and pursue political goals—organizing acts of civil resistance, donating generously to charity, and even foiling white supremacist attempts to spread hate speech. Read the full story.—Soo Youn
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 or skeet ’em at me.) + These sucker fish are having the time of their lives hitching a ride on a whale.+ Next time you fly, ditch the WiFi. I know I will.+ I love this colossal interactive gif.+ The hottest scent in perfumery right now? Smelling like a robot, apparently.

Improving VMware migration workflows with agentic AI
In partnership withEPAM For years, many chief information officers (CIOs) looked at VMware-to-cloud migrations with a wary pragmatism. Manually mapping dependencies and rewriting legacy apps mid-flight was not an enticing, low-lift proposition for enterprise IT teams. But the calculus for such decisions has changed dramatically in a short period of time. Following recent VMware licensing changes, organizations are seeing greater uncertainty around the platform’s future. At the same time, cloud-native innovation is accelerating. According to the CNCF’s 2024 Annual Survey, 89% of organizations have already adopted at least some cloud-native techniques, and the share of companies reporting nearly all development and deployment as cloud-native grew sharply from 2023 to 2024 (20% to 24%). And market research firm IDC reports that cloud providers have become top strategic partners for generative AI initiatives. This is all happening amid escalating pressure to innovate faster and more cost-effectively to meet the demands of an AI-first future. As enterprises prepare for that inevitability, they are facing compute demands that are difficult, if not prohibitively expensive, to maintain exclusively on-premises. Download the full article.
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. This content 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.

Ransomware gangs find a new hostage: Your AWS S3 buckets
To succeed, attackers typically look for S3 buckets that have: versioning disabled ( so old versions can’t be restored), object-lock disabled ( so files can be overwritten or deleted), wide write permissions (via mis-configured IAM policies or leaked credentials), and hold high-value data (backup files, production config dumps). Once inside, the attackers try to impose a “complete and irreversible lockout” of data, which may involve encryption objects with keys inaccessible to the victim, deleting backups, and scheduling key deletion so AWS and the customer can’t recover the data. “This research is a systematic and theoretical threat modelling exercise on how an attacker might encrypt and ransom an AWS environment within an account boundary–something we’ve talked about over the last 10 years,” said Trey Ford, chief strategy and trust officer at Bugcrowd. Weaponizing cloud encryption and key management Trend Micro has identified five S3 ransomware variants that increasingly exploit AWS’s built-in encryption paths. One abuses default AWS-managed KMS keys (SSE-KMS) by encrypting data with an attacker-created key and scheduling that key for deletion. Another uses customer-provided keys (SSE-C), where AWS has no copy, making recovery impossible. The third one exfiltrates S3 bucket data (with no versioning) and deletes the originals. The final two variants go deeper into key management infrastructure. One relies on imported key material (BYOK), letting attackers encrypt data and then destroy or expire the imported keys. The other abuses AWS’s External Key Store (XKS), where key operations happen outside AWS, which means that if attackers control the external key source, neither the customer nor AWS can restore access. Together, the techniques reveal that attackers are using AWS itself as the encryption mechanism. “I can’t recall having seen this done in the wild,” Ford added. “This specifically targets the use of external or customer-provided keys (SSE-C or XKS, respectively) to assert

Oil Prices Have Fallen Sharply
Crude oil prices have fallen sharply, Nadir Belbarka, an analyst at XMArabia, said in a statement sent to Rigzone on Friday, highlighting that Brent was at $62.67 per barrel and WTI was at $58.29 per barrel. “The decline reflects rising expectations of oversupply, fading geopolitical supply risks, and growing coverage of reported progress toward a U.S.-endorsed Russia-Ukraine peace agreement,” Belbarka said in the statement. “Upcoming data – including today’s flash PMIs across the U.S., UK, Germany, and France, along with remarks from ECB President Lagarde – will direct near-term sentiment,” Belbarka added. “Weak readings could heighten recession fears and deepen demand destruction before triggering a technical rebound. Positive surprises could strengthen the dollar and reinforce downward pressure on crude,” the XMArabia analyst continued. Belbarka went on to state that, “in the absence of major inventory drawdowns or a significant supply shock, crude is likely to remain constrained within its new trading range through year-end, awaiting meaningful geopolitical or macroeconomic catalysts”. “Close attention to inventories, IEA [International Energy Agency] and OPEC forecasts, and dollar performance remains essential,” Belbarka warned. In a separate market comment sent to Rigzone on Friday, Eric Chia, Financial Markets Strategist at Exness, noted that crude oil prices “were under pressure today, extending this week’s downside bias as the market digested the potential for geopolitical de-escalation and structural oversupply”. “WTI prices were trading below $58 per barrel, down roughly two percent intraday and set for weekly losses of more than three percent,” Chia added. “The emergence of a Russia-Ukraine peace framework could weigh on the oil market as the prospect of future normalization of Russian crude exports tempered the impact of new U.S. sanctions on Rosneft and Lukoil,” Chia said. “Higher Russian oil exports could also add to the current oversupply narrative. However, a failed deal could help lift

Nvidia chips sold out? Cut back on AI plans, or look elsewhere
He added, “geopolitical events would be the most likely origin of any type of medium to long term disruption, think China-Taiwan, expansion of the Russia-Ukraine conflict, or escalation in the US-China trade war.” For lower impact events, he said, “[Nvidia] does a nice job of setting conservative shipment goals and targets for Wall Street, which they almost invariably beat quarter after quarter. This provides some cushion for them to absorb a labor, process, or geopolitical hiccup and still meet their stated goals. Shipment volumes may not exceed targets, but shipments would continue to flow; the spice must flow after all.” In a worst-case scenario where shipments are materially impacted, there is little recourse for enterprises that are not large-scale cloud consumers with clout with the limited providers in the space, Bickley added. Enterprises joining a ‘very long queue’ According to Sanchit Vir Gogia, the chief analyst at Greyhound Research, the Nvidia earnings call “confirms that the bottleneck in enterprise AI is no longer imagination or budget. It is capacity. Nvidia reported $57 billion in quarterly revenue, with more than $51 billion from data center customers alone, yet still described itself as supply-constrained at record levels.” Blackwell and Blackwell Ultra, he said, have become the default currency of AI infrastructure, yet even at a build rate of roughly 1,000 GPU racks per week, the company cannot meet demand. Long-term supply and capacity commitments, said Gogia, “now stand at around $50.3 billion, and multi-year cloud service agreements have jumped to $26 billion, implying that much of the next wave of capacity has already been pre-booked by hyperscalers and frontier labs. Enterprises are not stepping into an open market. They are joining the back of a very long queue.”

We’re learning more about what vitamin D does to our bodies
It has started to get really wintry here in London over the last few days. The mornings are frosty, the wind is biting, and it’s already dark by the time I pick my kids up from school. The darkness in particular has got me thinking about vitamin D, a.k.a. the sunshine vitamin. At a checkup a few years ago, a doctor told me I was deficient in vitamin D. But he wouldn’t write me a prescription for supplements, simply because, as he put it, everyone in the UK is deficient. Putting the entire population on vitamin D supplements would be too expensive for the country’s national health service, he told me. But supplementation—whether covered by a health-care provider or not—can be important. As those of us living in the Northern Hemisphere spend fewer of our waking hours in sunlight, let’s consider the importance of vitamin D. Yes, it is important for bone health. But recent research is also uncovering surprising new insights into how the vitamin might influence other parts of our bodies, including our immune systems and heart health.
Vitamin D was discovered just over 100 years ago, when health professionals were looking for ways to treat what was then called “the English disease.” Today, we know that rickets, a weakening of bones in children, is caused by vitamin D deficiency. And vitamin D is best known for its importance in bone health. That’s because it helps our bodies absorb calcium. Our bones are continually being broken down and rebuilt, and they need calcium for that rebuilding process. Without enough calcium, bones can become weak and brittle. (Depressingly, rickets is still a global health issue, which is why there is global consensus that infants should receive a vitamin D supplement at least until they are one year old.)
In the decades since then, scientists have learned that vitamin D has effects beyond our bones. There’s some evidence to suggest, for example, that being deficient in vitamin D puts people at risk of high blood pressure. Daily or weekly supplements can help those individuals lower their blood pressure. A vitamin D deficiency has also been linked to a greater risk of “cardiovascular events” like heart attacks, although it’s not clear whether supplements can reduce this risk; the evidence is pretty mixed. Vitamin D appears to influence our immune health, too. Studies have found a link between low vitamin D levels and incidence of the common cold, for example. And other research has shown that vitamin D supplements can influence the way our genes make proteins that play important roles in the way our immune systems work. We don’t yet know exactly how these relationships work, however. And, unfortunately, a recent study that assessed the results of 37 clinical trials found that overall, vitamin D supplements aren’t likely to stop you from getting an “acute respiratory infection.” Other studies have linked vitamin D levels to mental health, pregnancy outcomes, and even how long people survive after a cancer diagnosis. It’s tantalizing to imagine that a cheap supplement could benefit so many aspects of our health. But, as you might have gathered if you’ve got this far, we’re not quite there yet. The evidence on the effects of vitamin D supplementation for those various conditions is mixed at best. In fairness to researchers, it can be difficult to run a randomized clinical trial for vitamin D supplements. That’s because most of us get the bulk of our vitamin D from sunlight. Our skin converts UVB rays into a form of the vitamin that our bodies can use. We get it in our diets, too, but not much. (The main sources are oily fish, egg yolks, mushrooms, and some fortified cereals and milk alternatives.) The standard way to measure a person’s vitamin D status is to look at blood levels of 25-hydroxycholecalciferol (25(OH)D), which is formed when the liver metabolizes vitamin D. But not everyone can agree on what the “ideal” level is.
Even if everyone did agree on a figure, it isn’t obvious how much vitamin D a person would need to consume to reach this target, or how much sunlight exposure it would take. One complicating factor is that people respond to UV rays in different ways—a lot of that can depend on how much melanin is in your skin. Similarly, if you’re sitting down to a meal of oily fish and mushrooms and washing it down with a glass of fortified milk, it’s hard to know how much more you might need. There is more consensus on the definition of vitamin D deficiency, though. (It’s a blood level below 30 nanomoles per liter, in case you were wondering.) And until we know more about what vitamin D is doing in our bodies, our focus should be on avoiding that. For me, that means topping up with a supplement. The UK government advises everyone in the country to take a 10-microgram vitamin D supplement over autumn and winter. That advice doesn’t factor in my age, my blood levels, or the amount of melanin in my skin. But it’s all I’ve got for now.

Norway Gas Output Hits Six-Month High
Norway produced 336.76 million standard cubic meters a day (MMscmd) of natural gas in October, its highest over the last six months, according to preliminary monthly production figures from the country’s upstream regulator. However, last month’s gas output fell 1.7 percent compared to October 2024, though it beat the Norwegian Offshore Directorate’s (NOD) projection by 2.1 percent. Norway sold 10.4 billion scm of gas last month, up 1.9 billion scm from September, the NOD reported on its website. The Nordic country’s oil production in October averaged 1.82 million barrels per day (MMbpd), down 3.6 percent from September but up 2.1 percent from October 2024. The figure exceeded the NOD forecast by 0.4 percent. Total liquids production was 2.02 MMbpd, down 2.8 percent month-on-month but up 0.8 percent year-on-year. “Preliminary production figures for October 2025 show an average daily production of 2,017,000 barrels of oil, NGL and condensate”, the NOD said. “The total petroleum production so far in 2025 is about 197.1 million Sm3 oil equivalents (MSm3 o.e.), broken down as follows: about 87.8 MSm3 o.e. of oil, about 9.7 MSm3 o.e. of NGL and condensate and about 99.5 MSm3 o.e. of gas for sale”, it said. “The total volume is 4.1 MSm3 o.e. less than 2024”. For the third quarter majority state-owned Equinor ASA reported Norwegian equity liquid and gas production of 1.42 million barrels of oil equivalent a day (MMboed), up from 1.36 MMboed in Q2 and 1.31 MMboed in Q3 2024. “In the third quarter of 2025, new fields coming onstream (Johan Castberg and Halten East) drove an increase in production compared to the same quarter last year”, Equinor said of its Norwegian production in its quarterly report October 29. “High production efficiency from Johan Sverdrup, new wells and a lower impact from turnarounds and maintenance more than

USA Crude Oil Stocks Drop by 3.4 Million Barrels WoW
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR) decreased by 3.4 million barrels from the week ending November 7 to the week ending November 14, the U.S. Energy Information Administration (EIA) highlighted in its latest weekly petroleum status report. This EIA report, which was released on November 19 and included data for the week ending November 14, showed that crude oil stocks, not including the SPR, stood at 424.2 million barrels on November 14, 427.6 million barrels on November 7, and 430.3 million barrels on November 15, 2024. Crude oil in the SPR stood at 410.9 million barrels on November 14, 410.4 million barrels on November 7, and 389.2 million barrels on November 15, 2024, the report highlighted. Total petroleum stocks – including crude oil, total motor gasoline, fuel ethanol, kerosene type jet fuel, distillate fuel oil, residual fuel oil, propane/propylene, and other oils – stood at 1.680 billion barrels on November 14, the report revealed. Total petroleum stocks were down 2.2 million barrels week on week and up 47.1 million barrels year on year, the report showed. “At 424.2 million barrels, U.S. crude oil inventories are about five percent below the five year average for this time of year,” the EIA said in its latest weekly petroleum status report. “Total motor gasoline inventories increased by 2.3 million barrels from last week and are about three percent below the five year average for this time of year. Finished gasoline inventories decreased, while blending components inventories increased last week,” the EIA added. “Distillate fuel inventories increased by 0.2 million barrels last week and are about seven percent below the five year average for this time of year. Propane/propylene inventories remained unchanged from last week and are about 16 percent above the five year average for this
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