2018 has been a year of unprecedented and escalating cyber-related threats generally, such has certainly been the case with respect to attacks on the nation’s domestic energy facilities
Pentagon
Cybersecurity 2019: The Year in Preview, Security Threats To The Energy Grid
By Carol Holahan | Foley Hoag LLP - Privacy & Data SecuritySign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.Grinch Utilities And Regulators Spoil Holidays By Forcing Customers To Pay Billions For Midwest Coal Plants
By Environmental Defense Fund Energy Exchange Blog
Thanks to Midwest utilities, regulators and a pair of unprofitable power plants, electricity customers in Ohio, Kentucky and Indiana will get a lump of coal this holiday season. The owners keep running these plants at a big loss – projected at over $5 billion – resulting in higher electricity prices and polluting power that isn’t… Keep reading →
Energy Snippets
By Waseeqah Makadam & Charles Marais | Hogan Lovells
Chinese energy firm TBEA will invest in a €180 million hydropower project in Gabon alongside the West African country’s sovereign wealth fund
As the regime’s strategy for countering the Trump administration continues to falter, will its traditional two-step of provocation and restraint give way to wider escalation? On May 23, in his Ramadan “Tom and Jerry” speech, Supreme Leader Ali Khamenei made a list of demands on Europe to keep Iran in the nuclear deal. Two months later,… Keep reading →
Data Privacy & Cybersecurity Insider – April 2018 #2
By Gregory Bennici, Linn Freedman & Kathryn Rattigan | Robinson & Cole LLP
Reports show that U.S. energy companies reported more than 350 cybersecurity incidents to the U.S. Department of Homeland Security between 2011 and 2015.
Energy News Roundup: ISIS Revenue Report, Weak Oil Demand Growth & OKC Energy Layoffs
By Conor O'Sullivan
Illicit oil sales are no longer the main source of revenue for the Islamic State, according to a Pentagon statement earlier this week. “Oil smuggling had become a crucial source of revenue for the group, which holds a handful of oil fields in Iraq and Syria. Oil profits set the extremist organization apart from other… Keep reading →
Energy News Roundup: Pentagon Energy Needs Could Benefit US Firms & Perfect Power Price Storm in CA
By Jared Anderson
The US military consumed 90 million barrels of oil last year which cost $15 billion, and military fuel consumption is expected to increase with the adoption of the F-35 combat aircraft, the Littoral Combat Ship, and the KC-46A tanker aircraft, that “will all consume more fuel than the platforms they will replace.” As a result,… Keep reading →
WASHINGTON: Budget crunch be damned, the Defense Department’s effort to get more energy-efficient is still in business, said the assistant secretary in charge. Even without the free-flowing supplemental funds and the flexibility of the “rapid equipping” initiatives that allowed for speedy spending at the height of Afghanistan and Iraq, the Pentagon is still trying to reduce its… Keep reading →
Almost forty years ago, President Nixon exhorted the country: “By the year 1980, the United States will not be dependent on any other country for the energy we need to provide our jobs, to heat our homes, and to keep our transportation moving.” Today, more than 30 years later, the United States may actually be… Keep reading →
The New York Times is reporting that China’s People’s Liberation Army has resumed its attacks against Western targets after a three-month hiatus. Shanghai-based Unit 61398 is back in business, says the Times, albeit using different techniques. Past attacks have sought intellectual property and government documents, including blueprints, manufacturing plans, pricing documents, and other proprietary information, mostly from… Keep reading →
