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Historian Niall Ferguson explains why a new Cold War is heating up between the US and China, and why — unlike the old brouhaha with the Soviets — this one is different.

In the southern Italian region of Basilicata, home to the Val d'Agri Oil Centre known as COVA, hydrocarbon processing has undergone a radical digital transformation. COVA boasts one of the world's first fully digitized hydrocarbon plants, but why? Two primary reasons: infrastructure and information. Val d'Agri has the largest onshore hydrocarbon deposit in mainland Europe. The site is expansive and highly advanced, and the plant features a sophisticated sensor system built to capture massive amounts of data. Maintenance checks, equipment monitoring, inspections and measurements are tracked in a fully integrated digital system designed to prevent corrosion and ensure cleaner, more sustainable natural gas processing.

Learn more at Eniday: Energy Is A Good Story

Well, we still don't know who exactly launched the spectacular aerial attack on Saudi Arabia's main oil processing facility over the weekend, which knocked 5% of the world's oil offline and sent crude prices into their biggest one day jump in decades.

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The attack on Saudi Arabia's Abqaiq oil facility knocked out about 5 percent of total global oil supplies in one go. Saudi Arabia accounts for about 12 percent of global crude output in total, and has been at that level for years now. Here's a look at how today's other top producers, the US, Russia, Canada, and Iraq have fared over the past thirty years.

Israeli Elections 2.0 — Israelis go to the polls again today for the second time in five months. Back in April, Prime Minister Benjamin (Bibi) Netanyahu's Likud party (just barely) won the most votes, but failed to form a governing coalition, paving the way for new elections. The big question today is: how many Israelis have actually changed their minds in such a short timeframe? Last time, Likud and the centrist Blue and White coalition each won 35 Knesset seats, and polls show the two parties are still neck and neck, while secular right-winger Avigdor Lieberman — whose dissent in May left Bibi one seat short of a majority — is gaining steam. If this holds, Bibi would not have a majority again, and a complicated rotating premiership, national-unity government, or even a third election, could result. We are watching for results shortly...

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1 billion: West African leaders have pledged $1 billion to combat the growing threat of Islamic extremism in the region. Mali-based insurgent groups with links to the Islamic State and al Qaeda have since spilled over into neighboring countries, hitting Burkina Faso particularly hard in recent months.

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