All posts tagged: Seeks

Mitsui seeks LNG investments to meet power demand from data centers, Bloomberg News reports

Mitsui seeks LNG investments to meet power demand from data centers, Bloomberg News reports

Published by Sam Flores

May 28 : Japanese trading house Mitsui is looking to invest in LNG projects across the Middle East, the U.S. and Australia to meet rising power demand from data centers, Bloomberg News reported on Thursday, citing its CEO Kenichi Hori. The company will consider taking equity stakes or securing supply agreements in LNG and gas chemicals firms, Hori told Bloomberg News, adding that demand for LNG was booming as companies sought clean energy to power AI infrastructure. Mitsui told Reuters it could provide functions covering the supply and trading of energy through to power infrastructure to a consolidated entity focused on the supply chain for data centers. The company, in which Berkshire Hathaway owns a 10 per cent stake, is one of Japan’s top five trading houses and has a portfolio spanning fossil fuel production and trading, renewable energy and food. Hori said earlier this month that Mitsui wanted to “capture upside opportunities in the energy sector while remaining cautious”. Japan, one of the world’s most vulnerable countries to energy import disruptions, has intensified diplomatic …

US anxious to come to deal with Iran asTehran seeks release of frozen assets

US anxious to come to deal with Iran asTehran seeks release of frozen assets

Published by Sam Flores

The US struck targets in Iran, the first since the start of the ceasefire and amid fragile talks between Tehran and Washington. The strikes come as the US is becoming anxious to come to a deal and end the war, as a growing number of Americans oppose the war ahead of the midterm elections. Iran has accused the US of violating the ceasefire and asked for the unfreezing of Iranian funds as part of the deal. FRANCE 24’s Philip Turle tells us about where the talks stand now. Keywords for this article Source link

British Major General Says 'America Is Defeated' As Trump Seeks Peace Deal With Iran

British Major General Says 'America Is Defeated' As Trump Seeks Peace Deal With Iran

Published by Sam Flores

President Donald Trump speaks at Rockland Community College, Friday, May 22, 2026, in Suffern, N.Y. (AP Photo/Alex Brandon) A retired Major General in the British Army has warned that a proposed peace deal between America and Iran “looks like defeat” for Donald Trump. Military expert Chip Chapman’s comments came as an agreement between the two countries to end the conflict remains elusive. Hopes rose over the weekend that a deal was about to be struck which could finally see the re-opening of the Strait of Hormuz, the vital waterway which carried one-fifth of the world’s oil before the war started on February 28. But both countries’ negotiators has still not reached an agreement, and Trump has ordered his team not to “rush” into anything. Appearing on LBC, Chip Chapman, who is a former senior British military adviser to US central command, said the details of a proposed deal which have emerged do not look good for the Americans. He said: “From a military perspective, if Iran retains proxies, if they maintain ballistic missiles, if the …

Djokovic seeks record 25th Grand Slam as French Open begins

Djokovic seeks record 25th Grand Slam as French Open begins

Published by Sam Flores

PARIS, May 23 : The first round of the French Open starts on Sunday, with Novak Djokovic beginning his hunt for a fourth crown and a record-extending 25th Grand Slam title when he takes on home hope Giovanni Mpetshi Perricard, while world number three Alexander Zverev faces Benjamin Bonzi. The claycourt Grand Slam starts under a shadow, with some players deciding to restrict their appearances at Friday’s and Saturday’s traditional pre-tournament media days amid growing tensions over prize money and player influence. TOP MEN’S MATCH: DJOKOVIC V MPETSHI PERRICARD Djokovic has played just one match since Indian Wells in March and the 39-year-old will need to quickly shake off any rust when he meets Mpetshi Perricard for the first time in his career in his opening match. The Serbian has spent the last two years trying to capture a 25th major crown that would move him past Margaret Court to take sole possession of the all-time record, but that quest looks in danger of being prolonged. “I wanted to play more but my body was …

Iran Propaganda Push Seeks to Project Unity Despite Internal Divisions

Iran Propaganda Push Seeks to Project Unity Despite Internal Divisions

Published by Sam Flores

By Parisa Hafezi and Angus McDowall DUBAI, May 21 (Reuters) – Iran’s leaders are splashing propaganda posters across Tehran boasting of national unity ⁠and ⁠victory over a global superpower, just months after crushing protests with mass ⁠killings and as war worsens economic pain for their people.   Alongside the images of Revolutionary Guardsmen and a blockaded Strait of Hormuz, authorities are staging military-themed mass ​weddings and public gun training sessions in mosques to vaunt a spirit of national resistance.   Unlike the revolutionary religious messages of the past, today’s propaganda emphasises nationalist themes aimed beyond a hardline support base. “The old ideology of the Islamic Republic no longer really ‌had much traction within the society. And therefore there was a ‌need to draw on other elements of Iranian identity that could mobilize masses,” said Ali Vaez, Iran project director at the International Crisis Group.  How far it may enjoy any success among a deeply disillusioned population, however, is debatable, Vaez and ⁠other analysts say.  While Iran has ⁠managed to withstand U.S. and Israeli airstrikes and brought …

Iran-U.S. diplomacy intensifies as Trump seeks ‘right answers,’ Tehran signals gaps ‘reduced’

Iran-U.S. diplomacy intensifies as Trump seeks ‘right answers,’ Tehran signals gaps ‘reduced’

Published by Sam Flores

A new burst of diplomatic action intensified Thursday in a push to break the deadlock between the United States and Iran. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Tehran was responding to Washington’s latest proposal, which had “reduced the gaps to some extent” between the two sides, the semiofficial ISNA news agency reported early Thursday. It said that a visit by Pakistan’s army chief was “aimed at reducing these gaps and reaching the point of officially announcing acceptance of the memorandum of understanding.” The report, which did not disclose any sourcing, came after President Donald Trump said that efforts to finally reach a deal to end the war could take a few days — though he also again threatened renewed military action. Iran has maintained a hard-line stance in talks with the U.S.AFP via Getty Images Trump said Wednesday that if the U.S. did not “get the right answers,” it was “all ready to go.” Asked how long he would wait, Trump told reporters at Joint Base …

British Prime Minister Keir Starmer seeks to avoid fall from power

British Prime Minister Keir Starmer seeks to avoid fall from power

Published by Sam Flores

LONDON — Britain was once a byword for stable, stolid democracy: the mother of parliaments, the country that keeps calm and carries on. But since the referendum a decade ago to quit the European Union, it has been more of a political “Gong Show,” with a half-dozen prime ministers trying and failing to revive a flatlined economy and appease furious voters. Source link

Malaysia seeks over US1 million in compensation from Norwegian firm over scrapped missile deal: Minister

Malaysia seeks over US$251 million in compensation from Norwegian firm over scrapped missile deal: Minister

Published by Sam Flores

The minister added that about 30 per cent of the combat ship project components were locally sourced and expressed hope that the percentage could be increased in future naval projects. “This has always been our goal, and this incident involving Norway will push us to further strengthen our focus on ensuring we are not overly dependent on foreign countries,” said Khaled. “In addition, the government must be more cautious in procurement dealings with other countries that could potentially take similar action against Malaysia.”  Khaled reportedly said he hoped that members of the Association of Southeast Asian Nations (ASEAN) regional bloc that are not close allies of Norway would learn from Malaysia’s experience and avoid dealing with the Scandinavian nation.  “They refused to issue the export licences because their new policy restricts the export of sensitive defence technology only to allies and close strategic partners.” Khaled was quoted as saying by The Edge Malaysia. “Meaning that the export is limited to members of NATO and countries regarded by Norway as strategic partners,” he said, referring to the North Atlantic Treaty Organization.  KDA …

A Chevron Texas Power Plant Seeks School District Tax Break

A Chevron Texas Power Plant Seeks School District Tax Break

Published by skeptic

A major oil company is seeking a state tax break in Texas worth hundreds of millions of dollars to build a massive power plant. The energy won’t be going to residential customers, though. Instead, the gas plant will be used to power a data center whose eventual tenant could be Microsoft. Chevron subsidiary Energy Forge One has filed an application with the State Comptroller’s board to obtain a tax abatement for a power plant it’s building in West Texas. In late January, the comptroller’s office made a recommendation to support the application’s approval—the first such approval under the program for a power plant intended solely for data center use. In March, following news reports that Microsoft was looking into purchasing power from the Energy Forge project, Chevron said that it had entered into an “exclusivity agreement” with Microsoft and Engine 1, an investment fund involved in the project. In January, Microsoft pledged to be a “good neighbor” in communities where it is building data centers, including promising to pay a “full and fair share of …