Know What's Happening in Energy
Know What's Happening in Energy
Flex to acquire Electrical Power Products for $1.1B
Flex Ltd. agreed to buy Electrical Power Products for about $1.1 billion in cash. The target adds roughly $323 million of annual revenue and a mid‑to‑high‑teens EBITDA margin. Flex expects the acquisition to be accretive to adjusted earnings per share in the first full fiscal year.
Also developing:
By the numbers: Oil majors snap up $164M Alaska oil leases
A surge in petrol and diesel prices caused by the Strait of Hormuz blockade is creating a tailwind for lithium demand, especially from electric‑vehicle (EV) buyers seeking to avoid record fuel costs. Macquarie’s research now expects the global lithium market to shift from oversupply to undersupply this year, with EV‑related lithium demand projected to grow 14% year‑on‑year in 2026. ASX‑listed lithium stocks have already rallied 20‑40% as the sector weathers broader market volatility, and analysts highlight PMET Resources and Wildcat Resources as having the most upside potential.
Global Maritime has been selected by TetraSpar Demonstrator ApS to lead the de‑commissioning of the offshore floating wind demonstrator off Norway. The five‑year project, featuring a 3.6 MW Siemens Gamesa turbine on a Stiesdal‑designed TetraSub foundation, will undergo full offshore and onshore...
ReconAfrica has begun production testing on its Kavango West 1X discovery well in Namibia after securing regulatory clearance. Updated petrophysical analysis now shows about 75 m of net hydrocarbon pay in the Huttenberg formation, expanding the total prospective interval to 345 m across...
Vantage Drilling International posted a 2025 net income of $40.3 million, a turnaround from a 2024 loss, driven by stronger offshore activity and an asset‑light, debt‑free model. The company secured a three‑year, approximately $261 million contract for the Platinum Explorer drillship, providing...
Serica Energy has completed the acquisition of a 40% operated interest in TotalEnergies' Greater Laggan Area assets, adding roughly 5,000 barrels of oil equivalent per day (boed) to its portfolio. The deal gives Serica operatorship of the Shetland Gas Plant,...
U.S. Interior Secretary Doug Burgum reaffirmed President Trump’s energy dominance agenda at CERAWeek, emphasizing abundant, affordable power to support the economy and allies. He warned that Iran’s missile range far exceeds public estimates, heightening security risks. Burgum highlighted a $1.5 trillion...
Innomotics, a global leader in electric motor and drive systems, announced a series of turbine‑replacement contracts across Europe, Asia and India, with total order values in the higher double‑digit million‑euro range (approximately $30‑$40 million). The projects replace gas and steam turbines...
Researchers at Turkey’s Artvin Çoruh University refined electrospray cooling for photovoltaic (PV) panels, pinpointing optimal irradiance, coolant flow, voltage, and nozzle distance. Using a response‑surface method, they determined that 1,000 W/m² irradiance, 94.34 mL/h flow, 17 kV voltage, and a 5.5 cm nozzle gap...
Falcon Oil & Gas Ltd. announced that the British Columbia Supreme Court approved the final order needed to complete its pending transaction with Tamboran Resources, subject to amendments addressing shareholders under sanctions. The court’s decision follows shareholder Lamesa Holding’s opposition...
China's TOPCon M10 solar cell prices slipped for a third week, falling 0.36% to $0.0558 per watt as polysilicon and wafer costs eased. N‑type M10 wafer prices dropped 3.92% to $0.147 each, reflecting broader upstream price pressure. Production in January‑February...
Owning the tracks means JSW no longer has to rely on third-party infrastructure for coal evacuation, significantly reducing logistical risks and operational costs.
Prime Minister Anthony Albanese told Australians that the nation’s fuel supply remains secure despite soaring prices and reports of panic buying after the Iran‑Israel conflict closed the Strait of Hormuz. The government attributes current shortages to distribution bottlenecks rather than...
Finnish wind‑propulsion firm Norsepower has signed a long‑term agreement with COSCO Shipping Heavy Industry Equipment (CHIC) to mass‑produce its rotor‑sail technology. The partnership expands beyond an initial MOU to include manufacturing, sales, installation, service, and joint engineering development. Norsepower supplies...
Someva Renewables secured approval for its 372 MW Hills of Gold wind farm after an 18‑month legal battle, when the Tamworth Regional Council withdrew its appeal against the NSW Independent Planning Commission’s decision. The council had argued the IPC lacked sufficient...
This is a significant move for Exide Industries, signaling their aggressive push to pivot from traditional lead-acid batteries to the high-stakes EV ecosystem.
French IPP Akuo announced construction of the SantasBAT battery energy storage system in Borba, Portugal, delivering 80 MW of power and 220 MWh of capacity. The 2.75‑hour BESS will be co‑located with the 181 MW Santas solar PV plant and is slated for...
April 1st is judgment day for your fuel tank. The government just slashed Budi 95 quotas by 33% and put diesel on a leash. Are you ready for the RM1.99 squeeze? TLDR List: 1. RON95 quota slashed. 2. Gig workers protected. 3. Diesel limits enforced. 4....
UK Chancellor Rachel Reeves announced a shift from universal energy‑price caps to targeted assistance for households most affected by soaring power costs. The plan follows the Energy Price Guarantee, which limited annual bills to roughly £2,500 (about $3,200) but proved...
Australia is racing toward its 82 % renewable‑generation goal for 2030, and safety has become a decisive factor for solar‑plus‑storage projects. The country’s unique threats—bushfires, wildlife, salt‑laden coastal air and extreme heat—expose traditional on‑site wiring to frequent failures. Prefabricated electrical balance‑of‑system...
Beyond Aero’s BYA‑I One hydrogen‑powered business jet has passed its Preliminary Design Review, clearing a key hurdle toward EASA and FAA CS‑25 certification. The aircraft uses 700 atm gaseous hydrogen stored in high‑pressure carbon‑fiber tanks, eliminating the need for cryogenic infrastructure....
Jindar Stainless and Oyster Renewable Energy have begun phased commissioning of a 315.6 MW solar‑wind hybrid project spanning Madhya Pradesh and Gujarat. The venture, funded with over ₹2,000 crore (≈$241 million) and a ₹132 crore (≈$16 million) contribution from Jindal, will deliver 216 MW in Madhya...
The world is melting down over an oil crisis and meanwhile Costa Rica — who generates 98-99% of their electricity from renewables — is enjoying life unchanged.
The Philippines' Wholesale Electricity Spot Market (WESM) will be suspended as spot power prices are projected to hit P9 per kilowatt‑hour (about $0.16), more than double February's average of P3.50 ($0.06). The Energy Regulatory Commission (ERC) ordered the shutdown to...
The LPG market in the Philippines is set to see a record price jump, with the industry association warning that per‑kilogram rates could rise by P30 (about $0.55) as early as March 28, followed by an additional P10 ($0.18) on April 1....
Prime Energy Resources Development BV, part of the Razon group, plans to deliver its first gas from the new Malampaya Phase 4 wells by the fourth quarter of 2026. The Camago‑3 well in offshore Palawan has completed drilling, completion and flow testing,...
Vietnam's Finance Ministry announced a temporary suspension of environmental protection and special consumption taxes on gasoline, diesel and jet fuel, effective until April 15, to stabilise the domestic market. The tax holiday will cut state revenue by roughly 7.2 trillion dong (about...
In Khasab, Oman, residents watch the Strait of Hormuz from a tranquil beach while a regional war unfolds. Iran has effectively choked the narrow waterway, disrupting the flow of roughly one‑fifth of global oil. The United States and Israel have...
The complexity, uncertainty and fluidity of the Iran war’s impact on oil markets have made it increasingly challenging to compress analysis into 45-second soundbites in 5-7 minute TV interviews — though I’ve done my best over the past 4 weeks. So...
India's Finance Ministry announced a ₹10 (≈$0.12) per‑litre cut in Central Excise Duty on petrol and diesel, while retail prices stay unchanged. The reduction is expected to offset roughly 30‑40% of the annualised losses faced by Oil Marketing Companies at...
Striking image: dozens of empty tankers queued up at Saudi Arabia’s Red Sea ports, ready to load oil. @saudi_aramco has diverted approximately 4 million barrels per day from its eastern fields to the west. Their rapid and massive response stands...
Fixr, a Lagos‑based engineering services firm, has re‑engineered its model from a marketplace to a full‑time contractor, employing about 400 salaried technicians and operating dark‑store warehouses across Nigeria, Ghana and Nairobi. The company processed roughly ₦5 billion (≈$3.3 million) in renewable‑energy financing...
Australia has opened its first community‑owned solar farm, a project sparked by former Prime Minister Tony Abbott’s climate‑skeptic policies. The farm, located in a regional area, delivers roughly 5 MW of clean power, enough for about 2,000 households. It was financed...
Headlines & tweets about talks & deals are NOISE at this point THE SIGNAL is rationing, price spikes, policy interventions, & rising stress in import-dependent economies We're in the early stage of CONTAGION This time it's not a novel virus It's a heart attack...
On 10 October 2025 AEMO released its NEM Dispatch Timing Fact Sheet, detailing the mechanics of the 5‑minute dispatch intervals that underpin Australia’s electricity market. The publication follows WattClarity’s recent Energy Literacy series, which has been unpacking the complexities and challenges of...
Oil prices jumped to $106 a barrel, spurring global market declines. Iran's denial of any talks with the United States heightened doubts about a swift cease‑fire in the ongoing West Asia conflict. European stocks and bonds fell as ECB President...
I have the best stock in USA in my portfolio at 25% of total holdings. My thesis was that AI data centers would need lots of energy. It was a demand-side thesis. But the supply side has really been an unexpected...
China is cutting LNG purchases as the Middle East conflict boosts prices 🇨🇳🚢 📉 March imports are poised to fall to lowest level in 8 years ⚠️ Instead of LNG, China is turning to domestic/pipeline gas. This will help free up supply...
China‑based Fox ESS has become Australia’s top‑selling home battery brand, installing over 12,000 systems in February – the highest kilowatt‑hour capacity recorded. Its budget‑friendly, stack‑able 42 kWh units sell for about AU$7,000 (≈ US$4,600) after the federal rebate, undercutting rivals. Fox ESS already leads...
📣 From petrostate to electrostate? Our new paper 👇 Norway has some of the most ambitious climate commitments in the world. It also has one of the most powerful petroleum sectors. But how can we escape fossil fuel lock in? https://t.co/r1tkIgaJ2r https://t.co/5HCFLHJ5by
Iran-India fuel trade begins after strait open sesame, first LPG cargo due this week https://t.co/834nbwZFHx via @ETEnergyWorld
Australian researchers at ACAP modelled a scenario where ultra‑low‑cost solar—targeting 30% module efficiency and a $0.20 per watt installed price—could unlock a 2,000 GW solar market. The model predicts the nation could generate 1,000 TWh of clean electricity for domestic use and...
A Picture Worth a Thousand Words: Saudi Crude Exports from Western Ports Continue to Rise https://t.co/fSDuoL9nVW
Scientists demonstrate quantum battery prototype with rapid charging #energysky -- via pv magazine global: https://t.co/AxphAp5wAP https://t.co/HjngLBmLdA
Armstrong introduced Templok ceiling tiles that embed a salt‑based phase‑change material (PCM) within a thin polymer pouch, turning ordinary acoustic panels into passive thermal storage units. Each tile provides the equivalent thermal mass of roughly eleven bricks and can absorb...
WTI comparative inventory reflected supply urgency over fundamentals CI increased 9.5 mmb but price rose $4.22 week ending March 20 $96.07 was far above any previous yield curve marginal price for current C.I. #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket
why would Trump have an idea what people are paying for a gallon of gas?
This is not a normal supply shock—it’s a systemic break, writes @Rory_Johnston You don’t replace Hormuz with bypass pipelines, SPR releases & sanction waivers You either reopen it—or break the system Markets are betting on a quick fix—but reality says otherwise. https://t.co/J4ZbSY2K9u #Oil #Hormuz...
Trump's TACO is now a NACHO, writes @biancoresearch N ot A ctually C hanging H ormuz O pening
Time is irreversible damage Trump has kicked the can till April 6 11 more days of disruption = 120MM additional barrels shut in ==>cumulative losses ~400MM, notes @ericnuttall That’s how a “temporary” disruption becomes a lasting supply shock. #Oil #Hormuz #SupplyShock #EnergyCrisis #Inventories...
