Today's Energy Pulse
Scania pilots vehicle‑to‑grid power for heavy‑duty electric trucks
Scania showcased one of the first V2G systems for heavy‑duty electric trucks using the Megawatt Charging System (MCS). The pilot demonstrated bi‑directional power flow, letting trucks feed stored electricity back to the grid while parked, with real‑time communication enabling dynamic charging and discharging. The company also opened orders for trucks equipped with an extra battery pack and MCS.
Also developing:
How Transitory Is The Inflation Problem Ahead?
Reuters reported that ship traffic through the Strait of Hormuz fell below 10% of normal levels despite a US‑Iran ceasefire, as Tehran warned vessels to stay within its waters. The S&P 500 rebounded, gaining 7.6% after a 9.1% pullback from late January to March, driven by a 9.6% jump in the Magnificent 7 stocks. Meanwhile, bond markets are watching inflation, which stalled around 3% year‑over‑year in February after pre‑war CPI held at 2.4% and PPI stayed above expectations. Analysts argue productivity must offset any war‑related price pressure for the rest of the year.
Australia’s Bellevue Gold Achieves 90% Renewable Energy at Off-Grid Mine in March
Bellevue Gold announced that its off‑grid mine ran on 90% renewable energy in March, cutting diesel to just 1.3% of total project costs. The hybrid power plant—27 MW solar, 24 MW wind and a 15 MW/30 MWh battery—enabled the company to claim net‑zero Scope 1‑2...
Subsea 7 Adds $1bn-Plus Brazil Project to Backlog
Subsea 7 has secured a contract from Brazil’s state‑owned Petrobras to develop the Sepia 2 field in the pre‑salt Santos Basin, valued at over $1.25 bn. The agreement covers engineering, procurement, fabrication, installation and pre‑commissioning of subsea umbilicals, risers and flowlines for 17...
Dong Fang Offshore Selects ScanReach ConnectPOB for Offshore Wind Fleet
ScanReach announced that Dong Fang Offshore has selected its ConnectPOB personnel‑on‑board safety platform for deployment across its commissioning service operation vessels and cable‑laying vessels supporting Taiwan’s offshore wind projects. The wireless, cabling‑free system provides real‑time visibility of technicians and crew...
Fortescue Steps up Its War on Diesel
Fortescue Metals Group announced an accelerated rollout of a fully integrated green energy grid to power its Pilbara mining assets, aiming to eliminate diesel use. The initiative, part of its Real Zero carbon‑neutral strategy, will combine solar, wind, battery storage...
Clean Energy Candidates Win Majority in SRP Board Election
Clean‑energy‑focused candidates captured an 8‑6 majority on the Salt River Project (SRP) board, marking the first time a clean‑energy slate has controlled the utility’s governing body. Voter turnout surged to record levels for a typically low‑profile election, reflecting strong ratepayer...
Invictus Energy Finalises Key EIA Renewal Paving Way for Musuma-1 and Mukuyu Programs
Invictus Energy (ASX:IVZ) secured a renewal of its Environmental Impact Assessment for the Cabora Bassa project through March 2027, clearing a key permitting hurdle. The company also expects to sign a Petroleum Production Sharing Agreement in April, creating a transparent fiscal framework...
SLB OneSubsea Lands Gulf of Mexico Subsea Boosting Deal
SLB OneSubsea, a joint venture of SLB, Aker Solutions and Subsea7, secured a contract from Beacon Offshore to supply a high‑pressure, high‑temperature (HPHT) multiphase boosting system for the Shenandoah field in the Gulf of Mexico. The system is engineered to...
Australia Underwrites Spot‑Market Fuel for Ampol and Viva Energy Amid Iran Tensions
The Albanese government announced it will underwrite spot‑market gasoline and diesel purchases for Ampol and Viva Energy at prices above normal commercial rates. The move targets regional and farming communities where stations have run dry, and is framed as a...
Argentina Sets Record 874,000 Bpd Oil Output as Vaca Muerta Shale Booms
Argentina's oil output climbed to a record 874,000 barrels per day, up 15.9% from a year earlier, as the Vaca Muerta shale complex ramps up production. The surge lifts the country's share of global oil supply and fuels optimism on...
German Conservatives Form New Coalition to Tackle Energy Crisis, Push for Nuclear and Gas
A broad coalition of the EU‑backed EPP and national‑conservative parties in the European Parliament formed on Thursday to overhaul Germany’s faltering energy policy. With fuel prices up 25%, gas 20% and electricity 70% since 2005, the bloc pushes for nuclear...
Ukrainian Drone Unit Strikes Russian Gas Tanker From Libyan Base, Expanding War’s Reach
Ukrainian drone operators, deployed under a secret agreement with Libya’s Tripoli government, damaged the Russian‑flagged Arctic Metagaz LNG carrier on March 3. The strike, launched from a military facility in Tripoli, underscores a widening maritime dimension of the Ukraine‑Russia war and raises...
EIA Lifts 10‑year US NGL Production Outlook by 14% and Demand Forecasts
The U.S. Energy Information Administration has upgraded its 10‑year average NGL production forecast by 14.4% to 8.85 million b/d and raised demand outlooks for hydrocarbon gas liquids. The revision signals a major supply‑side shift for a key petrochemical feedstock and could tighten...
Energy Insiders Podcast: Why Wind Projects Are Stalled at the Gate
Large‑scale wind projects are hitting a financing wall, leaving many proposals stalled before construction. Richie Merzian of CEIG points to a looming carbon‑price (CGT) risk and structural flaws in the Clean Energy Incentive Scheme (CIS) as key deterrents. The episode...
How Much Damage Is Done to Gulf Oil?
JPMorgan has quantified damage to Gulf oil infrastructure after roughly six weeks of conflict, identifying about 60 energy assets targeted by drones and missiles. Of those, around 50 have sustained varying degrees of damage, ranging from minor repairs to significant...
CFE Hones Fund Plans for Mexico Power Expansion
Mexico’s state‑run utility Comisión Federal de Electricidad (CFE) is sharpening its financing strategy to support a major power expansion. Its investment arm plans to raise roughly $2.8 billion through a mix of equity and debt. The capital will back new generation...
After Ceasefire, Iranian Attacks Cut Saudi Oil Production
Saudi officials confirmed that a series of Iranian drone and missile attacks in the past 48 hours severely damaged key oil and gas infrastructure. The East‑West pipeline’s throughput fell by about 700,000 barrels per day, while the Manifa and Khurais...
Iran Faces Choice: Enforce Tribute or Attack Nearby Tankers
The problem for Iran here is someone is going to call their bluff at some point and just sail a ship through without paying the tribute, and then Iran is going to have to decide if it actually wants to...
Peak Oil Makes Conflict Over Cheap Fuel Inevitable
It is not good to have your cities built around a substance that is dependent on the Middle East not having wars Global oil has peaked. Now all we can do is fight over less and less available cheap oil, and...
EPA Proposes Gutting Rules for Handling Toxic Coal Ash, a Move that Threatens Groundwater
The EPA, under the Trump administration, has proposed a rule that would roll back the 2022‑2024 coal‑ash regulations tightened during the Biden era. The draft would ease groundwater monitoring, allow state‑level exemptions, and broaden the "beneficial use" of ash in...
Data Center Owners Will Face Reality when Grid Fails
Shocking that these are the folks educating the folks spending $1Trillion on how the power grid works. They are going to have rude awakening when their data centers don’t work.
VLCCs Pay $1/Barrel in Rials or Crypto After IRGC Permit
Wow, so apparently every VLCC going through the Strait of Hormuz has been paying "$1 per barrel, and that can be done in the local currency, rials, or cryptocurrency, but only after the vessel has received a permit from the...
JPMorgan Chase, Graphyte Ink 10-Year Biomass Carbon Deal- #Wealth #AssetManagement #AssetFinance
JPMorgan Chase and Graphyte have signed a 10‑year agreement under which the bank will purchase 60,000 tonnes of durable carbon‑dioxide‑removal (CDR) credits generated by Graphyte’s U.S. biomass projects. The deal, announced on April 10, 2026, marks one of the longest‑term...
Renewables Shift, Not Eliminate, Energy Risk
Renewables don’t solve oil shocks, says @JasonBordoff They rewire the dependencies. Less oil means more minerals—and supply chains that run through China. And the economy's heavy lifting—mining & global transport—runs on fossil fuels not electricity You don't escape energy risk
Large‑format LFP Cells Exceed 314 Ah for BESS
Beyond 314Ah: A comparison of large-format LFP battery cells for BESS #energysky -- via Energy Storage News: https://t.co/xSvqIcKWYL
Standard Chartered: Oil Price Correction Is Likely Overdone
Standard Chartered warns that the recent oil‑price correction may be too deep, noting Brent crude at $95.57/bbl and WTI at $96.99/bbl after the steepest drop since the Iran war began. The bank’s Q2 forecast still targets Brent around $98 and...
LNG Rerouted to Brazil as Highest Bidder Wins
LNG is going to the highest bidder. This carrier is diverted form Europe to Brazil Map form @Kpler
Saudi Arabia Holds 31 Million Barrels on Western Coast
As of today, Saudi Arabia has 31 mb of crude in storage on its Western cost. (Kpler data)
Asia-Pacific Markets Set to Open Mixed as Renewed Tensions Test a Fragile Iran-U.S. Ceasefire
Asia‑Pacific markets opened mixed on Friday as renewed Middle‑East tensions tested a fragile two‑week Iran‑U.S. ceasefire. Tehran agreed to reopen the Strait of Hormuz for two weeks provided attacks stop, while Israel also signaled compliance. Oil prices rose, with WTI...
Australia Must Prioritize Renewables and EVs over Drilling
“We just need more:” Why Australia should double down on renewables and EVs – not drill, baby, drill #energysky -- via Renew Economy: https://t.co/umRGwu0nbC https://t.co/EUoR3vOE1H
Symmetrical 2D Perovskite Promises Higher Tandem Solar Efficiency
How a 'perfectly symmetrical' #2D perovskite could boost tandem solar cells by Rice University @TechXplore_com Learn more: https://t.co/bf6MEhrF2q #EmergingTech #Innovation #Tech #Technology https://t.co/yTxsTf0iAD
Fortescue Accelerates ‘World’s First’ Green Grid
Fortescue Metals Group is fast‑tracking what it calls the world’s first fully integrated industrial green grid in Western Australia’s Pilbara region. The off‑grid high‑voltage network will combine roughly 1.2 GW of solar, over 600 MW of wind and 4–5 GWh of battery storage...
Europe's Solar Boom Creates Unexpected Market Challenges
Why European solar has been ‘a victim of its own success’ #energysky -- via pv-tech: https://t.co/cdDdx6MBzc
Supply Chains Are Frontline in Energy Infrastructure
Aspen Aerogel is a manufacturer of products used in energy infrastructure Refining/petrochemicals, LNG, power plants, district energy, subsea pipelines, and offshore platforms. Supply chains are the front lines
EV Realty Opens Major Truck Charging Hub in San Bernardino
EV Realty launched its flagship multi‑fleet truck charging hub in San Bernardino, installing 76 high‑power ports with 9.9 MW of grid capacity. The facility can service more than 200 medium‑ and heavy‑duty electric trucks daily under the company’s Powered Properties model,...
Pexapark Records over 1 GWh of European Storage PPAs in March
Pexapark logs more than 1 GWh of European storage PPAs in March #energysky -- via pv magazine global: https://t.co/Ad4PcfERJB
Oil Climbs Despite Unchanged Hormuz Traffic After Ceasefire
JUST IN: Oil prices are climbing as the U.S.-Iran ceasefire hasn't increased traffic through the Strait of Hormuz.
One Nation Mulls Turning Australia Into Norway
One Nation is considering a major overhaul of Australia’s oil and gas taxation. The party would scrap the existing petroleum resource rent tax and replace it with a royalty based on wellhead values, applying to every extraction project regardless of...
Trump Urges Iran to Halt Hormuz Tanker Fees Now
JUST IN: Trump warns Iran to stop the reported fees on tankers in the Hormuz Strait immediately.
Australia Must Accelerate Nationwide Electrification Immediately
Australia needs to rapidly electrify as much as possible, as fast as possible #energysky -- via Renew Economy: https://t.co/qNqyFqU0Ro https://t.co/FaRroycDWc
Mining Giant Vale Orders World's First Ethanol-Powered Giant Bulkers
Vale has signed a 25‑year agreement with China’s Shandong Shipping to build two 325,000‑dwt Guaibamax‑class bulk carriers that will run primarily on ethanol. The vessels, 340 m long, are part of Vale’s multi‑fuel strategy and can also burn methanol, heavy fuel...
Iran Ceasefire Fails to Resolve Global Energy Crisis
Transcript: Why the Iran Ceasefire Hasn’t Ended the Energy Crisis #energysky -- via Heatmap News https://t.co/sluQiwQVIV https://t.co/t7iThH7NMU
Trump Accuses Iran of Breaching Hormuz Oil Transit Pact
JUST IN: Trump calls out Iran for failing to honor its oil transit deal through the Strait of Hormuz.
Made in the Shade: How Electric Vehicles Could Be the Perfect Partner to Rooftop Solar in Tropical Cities
Researchers from Columbia University and the Singapore‑ETH Centre published a Nature paper showing that electric‑vehicle batteries can act as distributed storage for rooftop solar in tropical cities. When thunderstorms temporarily dim solar output, parked EVs discharge to the local grid,...
Oil Execs Resist White House Talks on Iranian Hormuz Toll
JUST IN: Oil execs are pushing back on White House talks that could let Iran impose tolls on Strait of Hormuz shipments, threatening oil costs.
Eskom Extends Waiver on Small-Scale Solar Registration Fees
South Africa’s Eskom extends small-scale solar registration fee waiver #energysky -- via pv magazine global: https://t.co/Bk45hodJ1g
Miliband Slammed for Net Zero Sprint as High Costs Hamper Businesses
Labour energy minister Ed Miliband faces criticism for stalling two North Sea projects – the Shell‑run Jackdaw gas field and Equinor’s Rosebank oil‑gas development – as the UK grapples with soaring energy costs. Researchers at the Tony Blair Institute argue...
Record Prompt Backwardation Drives Extreme Spot Premiums
The vast majority of the “dislocation between physical and paper barrels” is very simply extreme backwardation, meaning the steep premiums for spot deliverable barrels (as BBG referred to them today, ASAP barrels) relative to later-dated cargoes. Crude futures curves have...
Trump's Flip‑flopping on Iran's Hormuz Toll Deal
One of my favourite things about Iran’s Hormuz tolls aspirations is that Trump can’t decide where he stands on the issue. Some days he couldn’t care less, other days like today he claims it’s a dealbreaker, yesterday he was musing about...
Greener and More British: How the UK Is Slowly Future-Proofing Itself From Further Energy Cost Spikes
New analysis from the Energy and Climate Intelligence Unit shows the UK’s electricity mix is shifting away from imported fossil fuels toward domestically generated clean power. Over the past two decades the country has expanded solar farms, onshore wind and...