Trump administration authorises 172 million barrel SPR drawdown as 32 IEA nations coordinate record emergency oil release
Read More 5 minute read Energy Industry News Blackstone bets $1.6bn on Shermco — Is electrical infrastructure the next private equity gold rush? Blackstone to acquire Shermco from Gryphon Investors in a $1.6B deal, boosting its energy transition strategy. Find out what this means for electrification. byPallavi MadhirajuAugust 22, 2025