supply chain

U.S. power boom triggers global gas turbine shortage

February 5, 2026

(Oil Price) – The hyperscaler-driven surge in U.S. power demand is creating ripple effects in the global supply chain, with gas turbines becoming the most critical bottleneck to rolling out flexible baseload capacity to support accelerated load growth. Gas turbine makers report soaring backlogs and delivery times years after order placement, while analysts say the bottlenecks in power plant equipment effectively

bp reshapes portfolio with $10.1 billion Castrol sale, accelerating energy strategy shift

December 30, 2025

(World Oil)– bp has agreed to sell a majority controlling interest in its global lubricants subsidiary Castrol to Stonepeak in a transaction valuing the business at approximately $10.1 billion, marking one of the supermajor’s most significant portfolio shifts in recent years. bp will retain a 35% share in Castrol following closing, maintaining strategic linkage to the lubricants business while freeing

U.S. power boom triggers global gas turbine shortage

bp reshapes portfolio with $10.1 billion Castrol sale, accelerating energy strategy shift

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