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:
Direct lithium extraction (DLE) projects in the UK will only generate cashflow if their process flowsheets are simplified and early engineering is rigorously applied, conference delegates said. Developers face a trade‑off between compressing engineering schedules to meet funding windows and slowing down to validate flowsheets, a dilemma that can inflate capital costs. Industry leaders also argue that separating upstream extraction from downstream refining can slash costs from roughly $100,000 per tonne to the global average of $10,000 per tonne. Emerging electrochemical and membrane technologies promise to further streamline the flowsheet, but integration risks remain the primary cause of pilot failures.
Thoughts? We discuss the emerging global energy crisis and fuel rationing measures being implemented worldwide. Countries like Slovenia and South Korea are implementing fuel rationing systems, while others are grounding flights and pushing work-from-home mandates to conserve energy. We explore...
Baker Hughes reported its total rig count fell to 543 this week, down from 552 the prior week. Oil rigs slipped to 409 from 414, while natural‑gas rigs declined to 127 from 131. The drop occurs even as crude prices...
On March 27, 2026, the EPA finalized a new biofuels blending rule that obliges refiners to incorporate 25.82 billion gallons of biofuels into diesel and gasoline this year. The mandate represents an 8 % increase over the target announced in June 2025,...
Diesel prices in New Zealand have surged 80% since February, reaching $3.24‑$3.45 NZD per litre (about $1.94‑$2.07 USD), overtaking 91 petrol for the first time. Petrol has risen only 35% in the same period. Trucking firms are absorbing extra costs—up to $150 NZD (~$90 USD) daily...
India, the world’s second‑largest LPG importer, boosted domestic LPG production amid the West Asia conflict that disrupted supply routes through the Strait of Hormuz. Refinery output was increased by 40% to a record 50,000 tonnes per day, cutting daily import...
GlobalData projects global low‑carbon hydrogen capacity could reach 82.3 mtpa by 2030, up from 2.2 mtpa active in early 2026 across 460 projects. Only 2% of that future capacity is operational, with most projects still in feasibility or early stages. Meanwhile, Topsoe...
QatarEnergy announced that an Iranian attack on its Ras Laffan facility has knocked out roughly 17% of the country’s LNG export capacity, with repairs expected to take three to five years. The outage translates to about $20 billion in lost annual...
Here is the big news from today's RVO announcement: "EPA is announcing that starting in 2028, foreign fuels and feedstocks will receive half the RFS compliance value compared to American-made products, providing American biofuel producers with time to prepare for the...
Slovakia announced its interest in importing gas from Romania’s Neptun Deep offshore project as its Russian gas deliveries are set to cease by 2027. Prime Minister Robert Fico said Slovakia would use existing infrastructure to purchase gas on a commercial...
Since the West Asia conflict began, Brent crude has surged from roughly $73 to $109 per barrel, a 49% increase. In response, India’s Centre trimmed the special additional excise duty on petrol and diesel by ₹10 per litre (about $0.12),...
Ship traffic through the Strait of Hormuz remains virtually halted four weeks into the Iran‑Israel conflict, with only six vessels recorded on March 26 versus the pre‑war average of nearly 60 daily transits in 2025. Iran announced a toll system demanding...
China’s National Energy Administration reported 32.48 GW of new solar capacity installed in January‑February 2026, a 17.7% year‑on‑year decline, while total generation capacity reached 3.95 TW, with solar climbing to 1.23 TW (+33.2%). Polysilicon prices fell sharply, with weekly drops of up to...
Europe has cut Russian gas imports by 90% since 2021 and aims to end them by November 2027. To replace the lost volume, the continent now relies on LNG, exposing it to global shipping chokepoints. The Eastern Mediterranean basin, with...
Why Energy Shocks Like the Iran War Are Accelerating Electrification Canada gets it wrong. Iran war is encouraging Global South (inc Asia) to switch from oil/LNG to renewables/electrotech. #cdnpoli https://youtu.be/7IbLVXk81Ow
EnergyX, a privately held lithium developer, has commissioned its 250‑tonne‑per‑year direct lithium extraction (DLE) demonstration plant, Project Lonestar, near Texarkana, Texas. The facility is the first U.S. plant to process lithium‑rich brine from the Smackover formation, using proprietary solvent‑based extraction...
The EPA, under the Trump administration, issued historic renewable fuel volume obligations (RVOs) for 2026‑2027, mandating 8.95 billion RINs of biomass‑based diesel—significantly above its earlier proposal. The rule projects a more than 60% increase in biodiesel and renewable diesel production from...
The episode examines the recent fuel shortages at Australian petrol stations, attributing the empty pumps largely to panic buying rather than a supply disruption from the Israel‑Iran conflict. Independent station owner Steve Amos describes how demand spiked, forcing wholesalers to...
A new analysis by Jochen Hauff challenges a German Thünen‑Institut study by showing that agrivoltaic systems with trackers or vertical configurations can be financially viable and even outperform conventional ground‑mounted solar. Tracker‑based agrivoltaics add roughly 12‑13% to capital costs but...
Endeavour, the parent of data‑center firm Edged, unveiled Pact Systems – a continuous‑flow methane‑cracking platform that simultaneously produces hydrogen fuel and high‑purity graphite. The technology works with natural gas or biomethane, offering a low‑carbon, quickly deployable energy source for AI‑intensive...
U.S. fleets are accelerating electrification, but grid interconnection and capacity constraints are emerging as the primary bottleneck. Utilities such as SoCal Edison ($436 million for 30,000 ports) and DTE Electric (19,300 chargers) are offering incentive programs, yet distribution upgrades and interconnection...
Russia's oil export revenues have resumed growth after four years of decline, buoyed by higher energy prices and a temporary U.S. sanctions easing. However, the country's ability to capitalize on this rebound is constrained by aging western pipelines and ports...
WSP and Mott MacDonald have been hired by Great British Energy‑Nuclear to steer the planning consent for three Rolls‑Royce small modular reactors at Wales' historic Wylfa site. The project will be the first nuclear development to navigate the UK’s new Planning...
Venture Global and Italy’s Edison have signed a commercial agreement that ends their LNG arbitration over the Calcasieu Pass project, with the settlement expected to close by the end of Q2 2026. The deal adds extra cargoes for Europe, beginning with...
Bluetti has launched FridgePower, a plug‑and‑play battery system aimed at keeping refrigerators and other essential home devices running during power outages. Unlike fixed residential storage like Tesla Powerwall, FridgePower requires no permanent installation and can be moved within the house....
Utilities have poured billions into smart‑grid sensors, communications and analytics, yet the digital representation of the physical distribution assets remains rudimentary. Traditional asset databases rely on periodic inspections, causing records to drift from reality and limiting engineers’ ability to assess...
Prometeia’s latest outlook warns that the Iran‑Hormuz conflict and resulting energy shock are eroding global growth in 2026. Euro‑area GDP is trimmed to 0.8%, a 0.4‑point downgrade, as gas reserves dwindle and inflation‑driven recovery stalls. The United States is projected...
"Let's just say on Friday we sign a cease fire and all hostilities cease. We are not going back to 60 bucks (per barrel). There's going to be a geopolitical risk premium built into the price of oil... You will...
France’s marine contractor Geocean, together with China’s Wison New Energies, has completed the installation of a floating LNG (FLNG) mooring system in the Marine XII block off Congo’s Pointe Noire. The operation placed driven anchor piles, a submerged swivel and yoke,...
Irene Mihai, Policy Director of the Romanian Photovoltaic Industry Association, highlighted the critical role of mentorship, collaboration, and inclusive workplace practices in attracting and retaining talent in the solar sector. She noted that women now represent roughly 40% of the...
Spoke to @trtworld about the consequences of the second fossil fuel crisis of the 2020s - including extreme limitations, rationing and probably major societal changes if this all keeps getting worse
Remember this? After Kuwait's liberation, Iraq's oil revenues were placed in a UN escrow account, with the UN managing sales and purchases. Iraq paid about 30%—later reduced to 25% after 2000—for war reparations, while the UN kept 3% for administration...
"Our fossil fuel economy is a house of cards and Trump's war in Iran is about to topple it. The need for a clean energy transition has never been clearer" | My new commentary for @LiveScience: https://t.co/TgUxuicmbz
Pleased to meet with IMF Managing Director Kristalina Georgieva (@KGeorgieva) to discuss the implications of the Middle East conflict for energy markets & economies around the world We agreed to continue to keep in close contact as we support governments in...
When the Ukraine war broke out, the NSC was only talking about LNG. I pushed for heat pumps. They said "cute idea, not gonna happen." Europe proved them wrong — 45-50% reduction in Russian gas through efficiency and heat pumps alone. https://t.co/PmB3c97oaf
Oil may spike in 2026—but that’s not a new bull market. In a debt-heavy, fragile system, high prices don’t fuel growth—they crush it. This looks more like a spike that kills demand than a cycle that sustains it. LINK👇 https://t.co/kmq5wrQnHw #Oil #EnergyCrisis #Macro #Geopolitics #OilMarkets
Will have to do some digging to convert the BBD RIN gallons to physical gallons, but seems very close to the leaked OMB numbers from a couple weeks ago.
🇺🇸The U.S. EPA has finalized 2026 and 2027 biofuel blending volumes (see table below). EPA's report also states: "To provide continued certainty for American corn growers & ethanol producers, EPA will maintain the 15 billion conventional biofuel level for 2026 &...
$SD Daily. Non-extended oil & gas play. Long setup. Bankruptcy back in 2016, so perhaps the stigma is still there. But sector is bullish & chart overall strong. https://t.co/mwf3OmFEEj
🇦🇷Argentina on Friday announced it will allow up to 15% ethanol blending in gasoline to combat rising fuel costs. The country's gas prices are up 18% so far in March. https://t.co/yYII0vDBDn
Thanks to Trump and Netanyahu's war on Iran, oil prices, jet fuel, and virtually everything under the sun, are taking a hit. US-ISRAELI WAR ON IRAN IS COSTING EVERYONE IN THE WORLD AN ARM AND A LEG. https://t.co/rjfW2er9UQ
At the invitation of Eurogroup President Kyriakos (@Pierrakakis), today I addressed Finance Ministers from across the euro zone on the major energy market impacts of the war in the Middle East and the immediate options to support energy and economic...
In 2025, two U.S. states met >100% of grid + behind-the-meter electricity demand with WindWaterSolar. 14 states met 50-124% of demand: 7 dominated by wind 3 by solar 4 by hydro U.S. average: 25.72% WWS https://t.co/KP3uii4BqI https://t.co/Ntf3DHeGdW
The Iran-Hormuz conflict isn't a negotiation problem, writes @gbrew24 The core issue isn't whether or not talks happen It's whether the US can break Iran's leverage before economic pressure breaks its ability to continue Iran gets this Markets don't. Not yet.
“Every $0.10 rise in the price per gallon means over $12bn of additional spending on gasoline versus 2025” - JPM
Respectfully, calling Hormuz an “insurance problem” confuses a secondary constraint with the primary one @anasalhajji It's a military & physical chokepoint Insurance can help flows resume at the margin That's not control or securing the Strait for decades.
War doesn’t accelerate the energy transition—it reverses it @RnaudBertrand The energy transition was always wishful thinking but now it's DEAD #EnergyCrisis #Oil #Coal #Climate #Emissions #Hormuz #Geopolitics #OOTT #EnergySecurity https://t.co/bb7OrZIewN
My view in the @EpochTimes on the US reducing reliance on Middle Eastern oil: “There is a strategic shift toward a more resilient Western Hemisphere energy bloc... through tighter integration of supply chains ... with Venezuela." https://t.co/DLlkE38yYS
oil on water cannot be drawn to zero commercial inventories cannot be drawn to zero if either is at zero the oil industry quite simply no longer exists https://t.co/pLWqhb6KZB
You know the oil market is in a healthy position when I keep getting questions along the lines of "but what if we just drew every global stock/inventory to zero, how long would that buy us?"
