Know What's Happening in Energy
Know What's Happening in Energy
Renewables snag $400M of Philippines investment approvals, solar leads with $293M project
Renewable energy projects accounted for roughly 48% of the Philippines Board of Investments' approved outlay of P47 billion ($840 million) in the first two months of 2026. The energy sector secured about P22.4 billion ($400 million), highlighted by a P16.4 billion ($293 million) solar venture by Cleanenergy 2 Power.
Also developing:
Core Laboratories reported Q4 2025 revenue of $138.3 million, up 3% sequentially and 7% year‑over‑year, driven by stronger international demand for reservoir description services. The Reservoir Description segment posted $92.3 million in revenue with a 14% operating margin, while Production Enhancement revenue held steady at $46 million but saw margins dip to 7% due to tariffs and bad‑debt provisions. Net income fell 5% to $9.7 million and EPS remained at $0.21, but free cash flow improved to $5.1 million and the company repurchased 3.6 million shares. Management guided Q1 2026 revenue of $124‑130 million with a 9% operating margin, acknowledging ongoing geopolitical and weather‑related headwinds.
Green Plains Inc. posted a dramatic turnaround in Q4 2025, delivering $49.1 million of adjusted EBITDA and $11.9 million of net income, reversing a $54.9 million loss from the prior year. Revenue fell 26.6% to $428.8 million due to plant divestitures and idling, but...
Aggreko is constructing a hybrid power station in Queensland to serve Arrow Energy’s Surat Gas Project North. The facility will combine a 17 MWp solar farm, an 8.4‑MVA/16‑MWh battery energy storage system, and a 33.75‑MVA gas‑fired thermal generator. Expected to create...
Firmus announced a partnership with Vast Data to deploy the Vast AI Operating System as the data foundation for its Asia‑Pacific expansion. The collaboration targets high‑throughput, disaggregated GPU clusters, ensuring efficiency across thousands of GPUs in its sovereign AI factories,...
Whitecap Resources leveraged its May acquisition of rival Veren to boost scale, prompting a credit‑rating upgrade, lower borrowing costs and larger reserves. The expanded footprint enabled the company to lock in two 10‑year natural‑gas supply contracts totaling 85,000 MMBtu per day,...
Global renewable‑energy investment hit a record $386 billion in 2025, driven by offshore wind and small‑scale solar in emerging markets. In the United States, clean‑energy funding slumped sharply in Q4, falling 36 percent after the Biden‑era EV tax credit was eliminated, resulting...
Air Products has moved to secure a Water Quality Certification from the Louisiana Department of Environmental Quality, a prerequisite for its federal permit to build a blue‑hydrogen and carbon‑capture facility. The certification confirms compliance with Clean Water Act sections governing...
Crude futures fell on Tuesday after Iran's foreign minister indicated a potential US‑Iran agreement on uranium enrichment could be reached in Geneva. The optimism trimmed the geopolitical risk premium, pushing WTI and Brent below $80 per barrel. Prices had been...
The global gas and LNG market entered a volatile phase in late February 2026, driven by tighter supply, rising spot prices, and shifting demand patterns across Europe and Asia. European winter demand outpaced supply, prompting higher contract renegotiations, while Asian...
Canada’s Defence Industrial Strategy, unveiled on 17 February 2026, places critical minerals at the core of national security and industrial policy. The government frames domestic mining as essential for defence supply chains, reducing reliance on China’s near‑monopoly over rare earths and...
Denison Mines Corp. has secured regulatory approval from the Canadian Nuclear Safety Commission to construct the Wheeler River uranium mine in northern Saskatchewan’s Athabasca Basin. The construction licence, effective until February 28, 2031, makes the project the province’s first new uranium mine...
Canadian Prime Minister Mark Carney is set to address the Australian Parliament, signalling a push toward a Canada‑Australia critical minerals partnership. His recent World Economic Forum speech urged medium powers to forge new alliances, a message that provoked a sharp...
The Energy Information Administration released the February 24, 2026 natural‑gas spot price report, detailing volume‑weighted average prices for next‑day flow and weekend delivery. The data include both wellhead and delivered price composites, along with the day’s trading range, total gas volume, and...
First Solar has signed a non‑exclusive licensing agreement with Oxford PV, granting access to the UK firm’s extensive perovskite patent portfolio and pending applications. The deal enables First Solar to develop and potentially manufacture perovskite‑based thin‑film photovoltaic modules for U.S....
Still think renewables can't power a modern economy? Portugal just hit 80.7% renewable electricity for the entire month of January. In the middle of winter 2017: 41.8% ("ceiling" skeptics said we couldn't break) 2023: 61.0% (Coal plants? GONE. Last one closed 2021) 2026:...
The European Union is reviewing its Arctic policy, and a tighter definition could unlock the Barents Sea’s estimated 22 trillion cubic feet of gas. Norway’s offshore fields could then supply 20‑30% of EU gas demand through 2050, offering a lower‑emission alternative...
Form Energy’s iron‑air battery will be deployed by Xcel Energy in Minnesota to power a new Google data center. The 300 MW installation can discharge continuously for up to 100 hours, delivering 30 GWh of stored clean energy. Google will also fund 1.4 GW...
Diamondback Energy says fears of a global oil glut are receding as resilient demand steadies the market. Recent price action shows U.S. crude futures up more than 15% year‑to‑date, erasing most of 2025’s 20% loss. The company will keep output...
Polish oil major ORLEN has bolstered its North Sea presence by acquiring a 7.6% interest in the Albuskjell and Vest Ekofisk fields, bringing its total stake in the Tommeliten Gamma field to 62.61%. The three assets, developed under the Previously Produced Fields...
Eagle Energy Metals Corp. completed its business combination with Spring Valley Acquisition Corp. II, creating Eagle Nuclear Energy Corp. The new company will begin Nasdaq trading on February 25, 2026 under the ticker symbols NUCL and NUCLW. The merger pairs the largest...
Thank your lucky stars you don’t live in #Germany. Once the industrial powerhouse of Europe, Germany is in decline. And much of that decline is a direct result of the country’s insane energy policies. For the past 15 years, the country...
‘No project above 100MW is fully merchant’: Bankability in focus as Energy Storage Summit 2026 kicks off #energysky -- via Energy Storage News: https://t.co/S3ZprKnfZW
The Mediterranean gasoline market is diverging from northwest Europe as several key fluid catalytic cracker units undergo maintenance, notably Helleniq Energy’s Aspropyrgos refinery in Greece and Eni’s Milazzo refinery in Italy. With offshore capacity constrained, February‑March spreads have turned backwardated—a...
FTC Solar signs 840MW PV tracker supply agreement in South Africa #energysky -- via pv-tech: https://t.co/ddeEfgCzt8
Execution discipline redefines energy storage value in Europe, as investable projects become harder to secure #energysky -- via Energy Storage News: https://t.co/DVUJuczkAo
At Mining Indaba 2026 in Cape Town, Lualaba province positioned itself as the world’s leading cobalt producer, emphasizing its pivotal role in the energy transition. Governor Fifi Masuka Saini highlighted the region’s stable, investment‑friendly governance and alignment with international mining...
Republicans pushing for clean energy tax credit: “We think [Trump] is getting bad advice #energysky -- via pv magazine usa: https://t.co/7851K4C1i0 https://t.co/AgsRewWiRC
Weidmuller releases new PV connector series for 1,500-V systems #energysky -- via Solar Power World: https://t.co/xWVdgHrDKB
Vestas has secured a firm 1.38‑GW offshore wind order from RWE for the Vanguard West project in the UK, encompassing 92 V236‑15 MW turbines. The deal includes supply, transport, commissioning, a five‑year service agreement and subsequent long‑term O&M contract. The project,...
I learned a lot in this timely deep dive about what the new SCOTUS decision means for energy. Check it out
Global-warming-induced degradation could raise rooftop solar LCOE by up to 20% #energysky -- via pv magazine global: https://t.co/aiSuBq2bng
Motiva announced a $0.50 per US‑gallon reduction to its Group II, II+ and III base‑oil postings, effective 1 March. The cut could translate into contract price declines of 10‑15¢/USG for parties linked to Motiva’s postings or to basket indices, while blenders with...
Sunny & cold in Florida. How high will #lithium price go this cycle was the # 1 question. How real is the ESS boom was #2. Nice to see some optimism after a couple of lean years. https://t.co/KLtvzNOlxk
What's interesting about this is that the U.S. led the world in oil and natural gas production during the Biden Administration, too.
The Blavatnik School of Government at Oxford, in partnership with the Natural Resource Governance Institute, has launched a five‑day executive programme titled “Managing Mining, Oil and Gas for National Development.” Applications open on 2 March 2026, targeting senior leaders from government, industry,...
.@Google taps @XcelEnergyMN to supply data center with 1200 MW wind, 200 MW solar and 300 MW / 30 GWh @FormEnergyInc iron-air batteries, through new BYONCE (bring your own new clean electricity) tariff construct. https://t.co/iW5Xx4FZnx Google will also pay for all...
Iran is pumping and loading at near-2018 highs ahead of nuclear talks Loadings are surging, buyers are softer, and oil-on-water is piling up More leverage, more risk, thinner margins. https://t.co/AZPC1zaGls #Oil #Iran #Hormuz #Sanctions #Geopolitics #EnergyMarkets
Rising energy prices, stricter regulations, and sustainability goals are forcing cold‑storage operators to prioritize efficiency. New insulation materials such as XPS and vacuum‑insulated panels dramatically reduce thermal loss, while IoT‑enabled smart controls match cooling output to real‑time demand. Manufacturers are...
Infrastructure may be the most crowded “safe” trade in markets. Consensus says utilities lag in a growth cycle. Leverage flips that narrative. If rates stabilize, leadership may rotate where few are looking. Read: https://t.co/GYU4HseCXx
Nearly 300 entities linked to Russian energy and military production have been added to the UK’s sanctions lists, including a network of oil traders whose vast reach was identified by the FT as the result of an IT blunder. https://t.co/Bky4oWVd2S
Caterpillar announced a strategic investment in a Serbian lithium‑iron‑phosphate (LFP) battery manufacturer, earmarking a multi‑million‑dollar stake to bolster its energy storage capabilities. The move secures a domestic source of LFP cells for Caterpillar’s heavy‑equipment line, reducing reliance on Chinese suppliers....
Yesterday, Ukraine turned on Slovakia and Hungary. Ukrainian operatives blew up the main node of the Druzhba oil pipeline that supplies 100% of Slovakia's oil and 86% of Hungary's oil. UKRAINE = TURNS ON TWO MEMBERS IN NATO. https://t.co/ItvWWCVJb5
Trina Storage and Gore Street Capital have launched a private EU Battery Energy Storage System (BESS) fund targeting more than 12 GWh of projects. The fund, backed by the European Investment Fund and the Irish Strategic Investment Fund, aims to raise...
AD Ports Group and Nimex Terminals have broken ground on the UAE’s first private‑sector LPG terminal at Khalifa Port. Phase 1 will feature two full‑containment refrigerated tanks—50,000 cbm of propane and 67,000 cbm of butane—plus four mounded bullet tanks totaling 21,000 cbm, with Phase 2...
Suzlon announced a major governance overhaul under its Suzlon 2.0 plan, creating a Group Executive Council and appointing Ajay Kapur as the new group chief executive. The restructure is designed to accelerate the company's shift from a pure wind‑energy provider to...
Physical tolling agreements are rapidly becoming the preferred off‑take structure for new battery storage projects across Europe, a trend highlighted at the Energy Storage Summit 2026. A poll of attendees showed 75 % are considering tolls, reflecting growing confidence that these...
Brookfield-backed Rockpoint Gas Storage completed a secondary offering, selling 16.4 million shares at C$28 per share. The transaction generated approximately C$459 million in gross proceeds, including shares issued under an over‑allotment option. The capital raise bolsters the company’s balance sheet and funds...
Renault's Ampere division has signed a development agreement with Basquevolt to accelerate lithium‑metal battery prototypes for future electric vehicles. The partnership targets pre‑A sample cells that could deliver up to 450 Wh/kg energy density while cutting capital costs and energy use...
KODE Labs has launched EnerG, an AI‑enabled platform that consolidates utility, sustainability, and performance data for enterprise real‑estate portfolios. The solution replaces fragmented spreadsheets, PDFs and portal pulls with automated ingestion, validation and anomaly detection. Built as an extension of...
BGN Group, under CEO Rüya Bayegan, is scaling its African footprint by supplying Egypt with up to 160 LNG cargoes through 2026 and operating fuel terminals across Morocco. In July 2025 the firm launched a joint venture with the DRC’s...
