Energy Magazine June 2026 | Page 13

THE FALL OF OVO: WHY THE‘ BIG SIX’ FIRM IS SELLING TO E. ON
E. ON’ s planned acquisition of OVO could help it to compete with Octopus for supremacy in the UK.

“ Every element of the nation’ s energy, defence and economic security will be tested”

King Charles III on the current geopolitical instability
PANTHALASSA
: THE FLOATING, WAVE-POWERED DATA CENTRE UNICORN
AI’ s appetite for energy is pushing investment into uncharted territory, with US start-up Panthalassa’ s floating data centres attracting millions.

SINCE THE BEGINNING OF THE US-ISRAEL- IRAN WAR, SUPPLY LOSSES FROM THE GULF’ S OIL PRODUCERS HAVE ALREADY EXCEEDED

1 billion barrels

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