Know What's Happening in Energy
Know What's Happening in Energy
JPMorgan flags $1 trillion U.S. power‑grid upgrade spend amid aging infrastructure
The bank warns that the U.S. grid, averaging nearly 60 years old, faces a national‑security risk and projects roughly $1 trillion in upgrades between 2026 and 2035, part of a $5.8 trillion global spend. Rising AI‑driven data‑center demand could add 100 GW of peak load by 2030, intensifying the upgrade need.
Also developing:
By the numbers: Oil majors secure $164M Alaska lease package
The United States could unlock an additional 161 GW of wind capacity by repowering existing utility‑scale farms, effectively more than doubling onshore wind output to roughly 314 GW. Repowering replaces aging turbines with taller, more efficient models, boosting generation without new land or transmission lines. Stanford researchers estimate this upgrade could raise wind’s share of electricity demand from 10.5% to 21% in 2024. The Mount Storm project exemplifies the approach, cutting turbines by 40% while increasing output to 335 MW after a $735 million investment.
At CERAWeek, Latin America re‑entered the energy‑security conversation, with Argentina positioning Vaca Muerta as a full‑scale export platform rather than just a resource play. Argentine officials forecast $50 billion in annual energy‑export revenues by 2031, supported by $130 billion of oil, LNG and...
New US LNG export project begins operations 🇺🇸🚢 The Golden Pass plant (a JV with Qatar & Exxon) just started LNG production at 1 of its 3 trains. First export expected from 2Q The world is scrambling for more US LNG as...
Data center capital expenditure hit $770 billion in 2025, surpassing upstream oil‑and‑gas and solar‑PV investments. About 40 % of the spend went to IT hardware while the remainder funds cooling, power‑distribution and other utilities, matching global solar‑PV capex. The United States accounts for...
US Natural Gas' 100% 1Q Pump-Then-Dump May Guide 2026 Crude Oil - The roughly 100% 1Q rise in the front US natural gas future, and reversal to minus 18% on March 27, may lead crude oil's way in 2026, as...
Is $3 the New $2 Floor for US Natural Gas? The front US natural gas future hasn't ended a quarter below $3 per million BTUs since 2Q24. Is $3 replacing $2 as the new floor? The 2026-27 winter should be a...
Iran has allowed two additional Indian‑flagged LPG tankers, BW TYR and BW ELM, to transit the Strait of Hormuz, carrying roughly 94,000 tonnes of cargo toward Mumbai and New Mangalore. The move follows Tehran’s pledge to let “non‑hostile” vessels pass...
Heating Oil, Distillate Surges and Price Peaks - Heating oil's 100% surge in 1Q may emphasize extreme stress and the potential for demand destruction that typically results when energy prices spike. On a weekly basis since 1986, the 4.5 ratio...
India’s Solar Energy Corporation (SECI) has signed green ammonia sale agreements totaling 724,000 tonnes per year with major fertilizer producers under the National Green Hydrogen Mission. The 10‑year contracts, including a $2.4 bn deal with ACME Group, lock in demand and...
Sable Offshore announced it has begun selling oil from its Santa Ynez Pipeline System to Chevron after resuming crude transport earlier this month. The pipeline, idle since a 2015 spill that devastated the Gaviota Coast, was reopened under a Trump‑administration...
In this Macro Mondays episode, Mikkel Rostewald and Andreas dissect the ongoing Iran‑U.S. conflict, weighing the likelihood of diplomatic resolution versus a broader military escalation. They examine the immediate market fallout—oil supply disruptions, the impact on by‑products like helium and...
Batteries smash another peak discharge record, meeting 44% of CAISO peak demand at 7 PM on 3/29/26 with 12.3 GW And CAISO is just toying with us, because there are already 15.86 GW installed Gas still down 59.3% in '26 v '23 38...
A surge in oil prices sparked a risk-off market week, driving the S&P 500 below its anchored VWAP from April 2025 lows. The technical breach highlights heightened selling pressure and a shift in market structure as traders brace for further...
MTerra Solar, owned by Manuel V. Pangilinan, began delivering 250 MW of solar power to Luzon's grid, easing the Philippines' current energy emergency. The project also activated its first battery energy storage system tranche, providing up to 450 MWh of clean night‑time...
Mexico President Claudia Sheinbaum defended her nation’s right to ship oil to Cuba, framing the move as both humanitarian and commercial. Her comments followed U.S. President Donald Trump’s recent softening of the oil embargo on the island and the arrival...
Hedge funds are markedly increasing their exposure to Dubai and Abu Dhabi, signaling renewed confidence in the UAE’s financial hub despite the ongoing Iran‑Israel conflict. At the same time, property developers in the Emirates have launched a concerted outreach to...
Japan Engine Corp (J‑ENG) has begun hydrogen co‑firing in all cylinders of its 6UEC35LSGH low‑speed two‑stroke engine, the world’s first full‑scale hydrogen engine slated for a 17,500‑DWT merchant vessel. The engine achieved over 95% hydrogen co‑firing at 100% load, confirming...
Global oil prices jumped more than 3% on Monday, with Brent crude climbing above $115 a barrel and tracking toward its biggest monthly gain on record. The surge coincided with sharp declines in Asian equity markets, as Japan’s Nikkei 225...
In this episode Jeff Kralowitz talks with Argus senior reporter John Kordner about how the recent disruptions in the Strait of Hormuz have boosted Canadian heavy crude exports. With freight rates soaring, Canadian grades are now more competitive than Middle‑East...
Golden Pass LNG in Texas announced its first commercial LNG cargo from Train 1. The startup adds roughly 2.5 billion cubic feet per day of feed‑gas demand to the Gulf Coast, tightening regional supply. The added demand is expected to lift the...
The 1970s oil crisis, sparked by an Arab embargo, caused oil prices to quadruple and triggered a global recession. Today, the closure of the Strait of Hormuz amid the US‑Israel‑Iran conflict threatens to cut roughly 20% of world oil supply,...
Europe faces its sharpest energy shock since 2022 after Iran closed the Strait of Hormuz, cutting roughly 20% of global oil and liquid gas supplies. Benchmark oil prices have surged above €115 ($125) per barrel and EU gas prices are...
The German Federal Network Agency launched an innovation tender to allocate 475 MW of new solar PV capacity by early May. Bids must be submitted by 4 May with a ceiling price of 7.13 euro‑cents/kWh (about 6.3 US cents/kWh). The tender targets utility‑scale projects...
ABB has integrated generative artificial intelligence into its Energy Management System, branding the new capability as the Industrial Knowledge Vault (IKV). The AI layer lets users pose natural‑language questions about energy consumption, delivering instant analytics without manual data mining. Mining...
Scotland’s SNP‑led government reaffirmed its ban on new nuclear projects, including small modular reactors (SMRs) and experimental fusion, emphasizing that these technologies remain unproven. Climate cabinet secretary Gillian Martin highlighted the urgent need for deployable renewable solutions, citing wind and...
The Iran‑War has sent oil and gasoline prices soaring, with Brent crude climbing from roughly $70 to $115 a barrel and U.S. gasoline up about 30%. Natural‑gas costs have surged 50% in Europe and Asia, while U.S. prices remain flat...
The Iran war has disrupted a greater share of oil supplies than any previous shock. And this time, there is virtually no spare capacity available to make up the gap. @wsj
Oil prices surged on Monday as Brent crude briefly topped $117 a barrel and U.S. crude hovered around $102, driven by escalating conflict in the Middle East. Iran’s attacks on aluminium smelters in Bahrain and the UAE pushed metal prices...
Premier Energies has commissioned a 5.6 GW solar‑module plant in Seetharampur, Telangana, raising its total manufacturing capacity to 11.1 GW. The 75‑acre facility can produce four G12R zero‑busbar TOPCon modules every 16 seconds and has begun trial production. It is expected to generate...
Rob Connors highlights a long‑standing pattern linking Chevron (CVX) and ConocoPhillips (COP) to the broader market. Over a century, CVX’s price relative to the S&P 500 has oscillated between roughly 2 % at lows and 9 % at highs, while COP’s ratio has...
Devon Energy CEO Clay Gaspar reflected on his first year, highlighting a three‑pillar strategy that sharpened culture, organic growth, and portfolio optimization. He explained that the recently announced merger with Coterra Energy is a strategic fit that delivers scale and operational...
The Transportist April 2026 briefing highlights a resurgence of fuel rationing talks in Australia as diesel shortages threaten grocery deliveries and waste collection. It also notes a spate of delivery‑robot mishaps in the United States and tightening e‑bike enforcement, with Seattle...
The U.S. Department of Energy is invoking Section 202(c) of the Federal Power Act to keep retiring coal plants online, extending roughly 4,500 MW of coal and 1,400 MW of gas capacity. Orders, first issued in May 2025 for the 1,400‑MW J.H. Campbell plant...
The Strait of Hormuz blockade, now in its second month, has halted the flow of roughly 21 million barrels of oil per day—about 20% of global consumption—and disrupted 30% of the world’s nitrogen‑based fertilizer trade, sending Brent crude sharply higher. British...
The Texas Public Utility Commission (PUCT) released a draft report on 16 March 2026 proposing six changes to how wholesale transmission costs are recovered in the ERCOT market. Key proposals include replacing the four‑coincident‑peak (4CP) methodology with a broader set of peaks...
Seabed preparation has begun on the OranjeWind offshore wind project off the Dutch coast, with Jan De Nul launching a filter‑layer installation campaign. The rock‑installation vessel Simon Stevin will lay the first erosion‑protection layer by May, clearing the way for 53 Vestas V236‑15 MW...
In March, IRMA and ResponsibleSteel released a landmark report on just transitions for the mining and steel sectors, highlighting the need to place people at the heart of decarbonisation efforts. Stakeholder interviews underscored that inclusive planning and continuous social dialogue...
Wartime Brent bulls only slightly deflected by talk about talks Investors trimmed bullish positions in Brent slightly early last week after the U.S. government paused plans to attack Iran’s electricity generation plants and announced it was making progress in negotiations to...
All the middle east, geopolitics and energy experts keep talking about reopening the Strait of Hormuz as if that solves the problem. It doesn’t. The Strait is just the front door. The entire Persian Gulf is now a kill zone. 1/2 https://t.co/ZHp06lZzYS
Of course this guy is spewing nonsense. More fossil fuels and nuclear both correlate with higher prices worldwide. Only wind-water-solar correlates with lower prices. https://t.co/288jwtUdqr
G-7 says it is ready to take measures for energy market stability https://t.co/WMgvLHemmQ via @WHorobin https://t.co/KHRZnIXmWm
Utilities outperformance (XLU/SPY +10% in 3 months) isn’t about ‘dividends’. It’s about hiding. Defensive leadership is the market whispering, not yelling. https://t.co/03ODg2hzij
Great graph on changes in Chinese energy generation, show the sudden emergence of renewables since 2020. More charts and graphs featured on today's Chartbook Top Links in the comment below https://t.co/xN8TPUia9G
Germany warned the European Union’s rules to curb methane emissions from oil and gas imports risk impeding crucial LNG purchases just as the country seeks to diversify suppliers and cushion the Middle East war’s impact on energy prices https://t.co/qkRuwIBPvI
The so-called “God Squad” is set to weigh an exemption that would allow oil and gas production in the Gulf of Mexico to sidestep environmental protections. https://t.co/dFbr95yEKt
Hey kids, it turns out you can stop oil without defacing a priceless Van Gogh and gluing yourself to the wall. https://t.co/D21DdfMxZB
Delusional and deranged...🤦🤦 What a wally. Miliband classes foreign gas as clean power in pursuit of green target https://t.co/m4i3wW8B8F
Pick your timeframe Copper, natural gas, and oil (Brent / WTI) markets are now trading across daily, weekly, and monthly Commodities have entered the chat ↓ https://t.co/dxPGVrURQL
SMR stocks were the market darlings in 2025. Most of them are now 70%+ below their highs. Any bulls betting on a 2026 turnaround? $OKLO https://t.co/NvGy8ZfTGA
Energy leadership is getting absurd: XLE/SPY up ~42% in 3 months. That’s not a ‘rotation’. That’s a macro stress signal wearing an equity costume. https://t.co/QVnWJHwVgi
