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More data centers equal more electricity demand
Virginia's data centers, the largest concentration globally, are causing a surge in electricity demand, challenging Dominion Energy's supply capabilities.
US pump prices hit $4 a gallon as Iran war wreaks havoc on global energy supply
U.S. average gasoline prices rose above $4 a gallon on Monday for the first time in more than three years, capping the sharpest monthly rise in decades, data from price tracking service GasBuddy showed, as the U.S.-Israeli war on Iran roiled global energy markets.
AEP names new leader of Appalachian Power
American Electric Power named Brian Abraham president of Appalachian Power, replacing Aaron Walker in a leadership shift for the utility.
Trump administration to pay $1B to stop two East Coast wind farms
The Trump administration agreed to pay $1 billion to TotalEnergies to stop two offshore wind projects off New York and North Carolina, redirecting funds to oil and gas.
BlackRock consortium to purchase AES for $10.7B
Arlington power company AES is set to be purchased by a BlackRock-led consortium and go private by early 2027.
Henrico-based Arko Petroleum raises $183M in IPO
Henrico County-based Fortune 500 convenience store operator Arko closed its initial public offering last week of fuel subsidiary Arko Petroleum, raising $183.2 million.
Dominion prepares for 70,000 MW in data center demand
Data center power requests in Virginia now total 70,000 MW — triple Dominion Energy’s peak load, according to a new SCC filing.
Dominion $1.47B gas plant proposal back on track in Chesterfield
Virginia SCC again approves Dominion’s $1.47B Chesterfield gas plant as DEQ air permit faces appeal from environmental groups.
House subcommittee punts on data center bill, but hopes to ‘continue the work’
Virginia lawmakers heard testimony for and against the measure before continuing the bill to 2027.
BWXT taps new chief digital officer
BWX Technologies has promoted IT executive, Kurt Bender, to senior vice president and chief digital officer.
Feds authorize gas pipeline expansion in Pittsylvania
FERC approves Transco’s $1.5B pipeline expansion, boosting gas capacity while drawing environmental opposition.
Henrico-based Arko launches IPO of petroleum subsidiary, seeks up to $910M
Henrico County-based Fortune 500 company Arko is seeking a valuation of as much as $910 million in its U.S. IPO of subsidiary Arko Petroleum.
