Know What's Happening in Energy
Know What's Happening in Energy
Flex to acquire Electrical Power Products for $1.1 billion
Flex Ltd. announced a definitive agreement to buy Electrical Power Products for about $1.1B in cash. The acquisition adds roughly $323M of annual revenue and delivers a mid‑to‑high‑teens EBITDA margin. Flex expects the transaction to be accretive to adjusted earnings per share in the first full fiscal year after closing.
In this urgent episode of Reuters Morning Bid, hosts Carmel Crimmins and Amanda Cooper dissect the fallout from a wave of US and Israeli strikes that killed Iran’s supreme leader, sparking Iranian drone and missile retaliation. They highlight the immediate market focus on energy, noting Brent crude hovering near $72 and the risk of a Strait of Hormuz shutdown that could send oil prices soaring. The discussion expands to broader market implications, with risk assets likely to sell off while safe‑haven assets such as gold, the yen and government bonds could rally. They warn that heightened volatility will compound already fragile investor sentiment amid AI disruptions and tariff uncertainties.
Bunker traders in Fujairah, the Middle East’s largest marine fuels hub, are preparing for a sharp decline in demand after heightened Gulf tensions and unverified warnings of a Strait of Hormuz closure. Recent missile strikes near Fujairah and Jebel Ali have...
The Maharashtra state government announced a ₹1,100 crore investment to upgrade Pune district’s power infrastructure, with ₹450 crore dedicated to the rapidly growing Pimpri Chinchwad area. The funding, part of the Revamped Distribution Sector Scheme, aims to address frequent outages, power theft, and...
Following US and Israeli airstrikes on Iran and the death of Supreme Leader Ayatollah Khamenei, crude oil prices surged, with WTI at $67.29 and Brent at $72.87. Barclays raised its Brent forecast to $100 per barrel, citing heightened supply‑disruption risk...
Major oil majors and leading trading houses have suspended crude and fuel shipments through the Strait of Hormuz as the Iran‑Israel‑US conflict escalates. Israel launched a pre‑emptive strike on Iran, followed by U.S. air and naval attacks, prompting heightened security...
The Atomic Energy Regulatory Board (AERB) granted permission for the First Pour of Concrete (FPC) on February 24, marking the start of construction for Kaiga Nuclear Power Plant units 5 and 6. Both units are 700 MWe pressurised heavy‑water reactors (PHWR) using an indigenous...
Australia’s energy sector saw a wave of senior appointments in early 2026, with CEOs installed at FRV Australia, Pilot Energy, Boundless Earth, Janus Electric, Endeavour Energy and several others. The Australian Energy Market Operator added two non‑executive directors and nominated...
Tesla Sweden has appealed to regulators after Jämtkraft elnät refused to reconnect its Åre Supercharger, citing ongoing union sympathy actions. The charger was temporarily shut down in April 2025 for safety after a construction power cabinet fell, and the safety...
India’s Andaman Basin is seeing a major push in oil exploration after 63.5% of the 600,000‑sq‑km no‑go zone was cleared for drilling, a move Lieutenant Governor Admiral D.K. Joshi says could help lift the country from its current $4 trillion GDP...
Andhra Pradesh’s government has approved the off‑take of 300 MW of solar power from Adani Green Energy under the 2021 power supply agreement, after a 15‑month pause caused by U.S. bribery allegations. The approval comes with a rider that the state...
🚨 IRAN WAR UPDATE — MARCH 1, 2026 🚨 Khamenei is confirmed dead by Iranian state media. But the bigger story: the IRGC has formally closed the Strait of Hormuz. Shipping firms are instructing vessels to shelter in place. About 20%...
Iran’s Supreme Leader Ayatollah Ali Khamenei has been eliminated, sparking a regional power vacuum and heightened political uncertainty. The Strait of Hormuz is operating at reduced capacity, causing semi‑shutdown conditions that disrupt global oil shipments. Market participants are closely watching...
The article outlines an emerging "Energy Singularity" where AI, quantum computing, and decentralized grids converge to reshape global energy by 2035. AI-driven predictive management promises up to 40% consumption cuts and real‑time outage prevention. Quantum computers are expected to unlock...
https://t.co/U4SkF1hAbc @UBS boosting its copper price target is just the latest confirmation of what we’ve been warning about for years: the world is flying head-first into a structural copper shortage. A projected $15,000/tonne copper price by 2027… and a half-million-tonne supply deficit...
Cleaver-Brooks unvelis air-to-water heat pump for hydronic heating #energysky -- via pv magazine global: https://t.co/VV7wnodgyp
Crescent Energy (CRGY) surged 7.76% to $11.66 after reporting a full‑year swing to profitability, posting $132.9 million net income versus a $114.6 million loss a year earlier. Revenue rose 22% to $3.58 billion, while production averaged 260 MBoe/d, beating guidance. The fourth‑quarter loss narrowed...
When markets open tonight, oil prices will spike, which will help oil exporters and hurt oil importers. In Q1 '22, oil prices spiked almost 40%. Single biggest beneficiary - by far - was Brazil's Real, which rose 20%. Turkish Lira...
Thinking ahead... does this push China to further speed up the adoption of renewables + batteries and make it even more reluctant to wind down coal. The Iran war is an object lesson in a) American power (which shale has...
SM Energy’s shares jumped 9.5% after the company announced a 10% increase in its quarterly dividend to $0.22 per share, following a $950 million asset sale and a 14% reduction in capital spending. The firm also launched a $500 million share‑buyback program,...
Deloitte urges India to align renewables with AI data growth #energysky -- via pv magazine global: https://t.co/6nfeZlOszP
Looks like the Liberian-flagged Aframax 74k deadweight ton ceude oil tanker Capetan Andreas is sailing outbound through the Strait of Hormuz. https://t.co/G0jdY5284V
A year‑long trial in Montreal examined 200,000 km of diesel Freightliner Cascadia and its battery‑electric counterpart, the eCascadia, across two Canadian fleets. The analysis found that electric Class 8 trucks can generate roughly $157,000 in savings per unit over a six‑year...
Amorphous silicon-silicon tandem solar cell achieves 12.3% efficiency via new honeycomb-shaped micro-structures #energysky -- via pv magazine global: https://t.co/b8codDfUei
Nextpower to supply steel frames for JinkoSolar’s Florida factory #energysky -- via pv magazine global: https://t.co/aFKhKfYdkM
Zambia’s cabinet approved two cross‑border pipelines—the Tanzania‑Zambia Multi‑Products Pipeline and the Namibia‑Zambia Refined Petroleum and Natural Gas Pipeline—to diversify fuel imports and reduce reliance on the decades‑old TAZAMA line. The projects aim to create supply redundancy, improve pricing competitiveness, and...
How Trump’s War Could Destabilize the Global Energy Market #energysky -- via Heatmap News https://t.co/5Rh1Ysyc2w https://t.co/XMEM6rLIOY
Major News to Track on March 1, 2026: 1. US-Israel Strikes on Iran Escalate, Khamenei Reported Dead 2. Oil Prices Surge Amid Fears of Strait of Hormuz Disruption 3. Global Stock Markets Brace for Volatility Post-Iran Attacks 4. EPF Announces...
Rosatom confirmed that Iran's Bushehr nuclear power plant, operated by Russia, sustained no damage during the recent US‑Israeli military operation. The Russian state nuclear corporation evacuated 94 family members of its staff via Azerbaijan and Armenia after the Russian embassy...
🚨 OPERATION EPIC FURY — Feb 28, 2026 US and Israel launched a massive military campaign against Iran at 1:15 AM ET. Regime change is the stated goal. Iran retaliated, striking US bases in Bahrain, Kuwait, Qatar, and UAE. US officials say...
Bullish Brent positions at nearly two-year high prior to attack on Iran Before the United States and Israel attacked Iran, hedge funds and other money managers amassed the largest bullish position in Brent crude futures and options for almost two years,...
Iran has evacuated all large oil tankers from the Persian Gulf, a maneuver that lifted its crude exports to the strongest levels seen since 2017. The clearance follows a recent attack on Iranian interests, which Tehran frames as a catalyst...
Iran/US experts are everywhere today... Here is a friendly reminder that the case for energy is rooted in structural forces — not short-term geopolitical events. US energy sector capex, adjusted for GDP, is still down nearly 80% from prior peaks. Investors obsess...
The Hydrogen Stream: Dutch agribusiness installs 1 MW electrolyzer #energysky -- via pv magazine global: https://t.co/baIpYrobDq
European defence ministers convened in Krakow to discuss escalating measures against Russian seaborne oil exports. France seized the 115,600‑dwt aframax tanker Grinch, carrying 730,000 barrels of crude, and released it after the shipowner paid a €3 million fine. Ministers aim to...
💥Here is a comprehensive but condensed file on energy sources in Iran, covering its oil, gas, and power sectors, including several charts. Click the link, then switch the language in your browser.👇
Corporate PPA deals down 10% in 2025 as AI demand plugs gaps #energysky -- via pv magazine global: https://t.co/XVFxmEBQY3 https://t.co/XlNxyqpR8Z
How *Not* To Do A Grid Reliability Study The Energy Bad Boys on how the "Union of Confused Scientists" get New England electricity so wrong. The Bad Boys also have a sweet hat tip to my own work on the...
Strait of Hormuz. Closed. The ‘crisis’ will be defined by the length of the war and by risk. Oil supply. Maritime and cargo insurance. Houthis. Freight rates.
Global giant Tata Steel is using a heat battery to curb emissions #energysky -- via Canary Media: https://t.co/2fnqQgr8Lq
Spoke with a senior intelligence official that recommended everyone top their tanks off, not due to a known threat, but the high probability that energy assets are prime targets for terrorists.
Is the Strait of Hormuz Open? ▶️Danger to Shipping ▶️US and UK Waring ▶️Impact for Consumers ▶️Other Factors Impacting Global Tanker Market ▶️Is US Sealift & Afloat Prepositioning Moving? Video: https://t.co/SgdGJdWaSD https://t.co/Cvj3mRaiq7
Iran's Islamic Revolutionary Guard Corps (IRGC) has reportedly warned that no vessels are allowed to pass through the Strait of Hormuz. This blockade of the channel, which carries ~20% of global oil, threatens massive energy price spikes and severe, immediate disruptions...
The LPG Tanker Bogazici, outbound the Strait of Hormuz, is trying to fly under the radar by announcing on AIS, "Muslims Vessel is Turkish". https://t.co/Yw3dSA7lxB
Texas Is showing Trump what "American Energy Dominance" looks like: Texas leads America in solar, wind, and now batteries too. And yes, natural gas.
🚨 The US and Israel just launched strikes on Iran. Tehran is firing back. Missiles hitting Gulf states. Markets open Sunday night. Oil. Gold. Nasdaq. Forex. Everything gaps. I'm going LIVE Sunday 6PM ET to break down what this means for your trades. Don't...
Panasonic debuts residential fuel cell cogeneration system for PV‑integrated homes #energysky -- via pv magazine global: https://t.co/rFRyXgV1Yv
German consortium launches web guide for BIPV planning #energysky -- via pv magazine global: https://t.co/REybrhz4yM
Bond bulls that were celebrating 10y UST yields dropping <4% on Friday waking up Saturday morning to reports that the Strait of Hormuz is possibly being closed 👇 https://t.co/pg9o9TPdO5
I wrote about Polymarket Iran markets and crude vols last week but didn't cover oil call spreads vs the odds. Jacked call skew makes call spreads cheaper in oil but the presence of Polymarket binaries creates a bid for them...
US Navy says it can't protect all merchant ships in Persian Gulf. Oil majors just suspended shipments through Hormuz, 21M barrels/day at risk. Maritime risk. https://t.co/TylGxcJUhz
