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
Oil prices have surged as the war in Iran pushes fuel costs higher, reigniting recession concerns across equity markets. Analysts warn that short‑term volatility may mask the benefits of disciplined, long‑term portfolio construction.
Bab al-Mandeb is now in play Another chokepoint, another layer of disrupt Iran doesn’t need to win militarily. It just needs to expand the number of places it can break the system. https://t.co/k876kDiu36 #Hormuz #BabAlMandeb #Oil #Shipping #Geopolitics #EnergyCrisis #RedSea #Suez #Iran #OOTT
Iran has been handed a 15‑point cease‑fire proposal from the United States via Pakistan, but Tehran has ruled out any direct talks with President Donald Trump. The plan, whose details remain largely confidential, touches on sanctions relief, nuclear roll‑back and...
WTI settled around $89 per barrel on Tuesday as U.S. crude inventories at the Cushing hub swelled by 3.4 million barrels, the largest weekly build since January 2023. At the same time, imports of Venezuelan crude surged to their highest level...
China's CATL owns over 38% of the global EV battery market, generating over $10 BILLION in PROFIT last year. China's DOMINANCE is built on decades of strategic investment in what I call the "3Ms": Mining, Metallurgy, & Materials Science. CHINA HOLDS ALL...
I asked Sec. Rubio planeside if the Strait of Hormuz can be reopened without US boots on the ground. He said it's a Dept. of War question, but "It can be open tomorrow if #Iran stops threatening global shipping, which is...
Retail diesel prices jumped 10% in the week to 25 March, rising 27.8 cents per litre to 303.5 cpl across Australia’s five largest cities, while petrol increased 8% to 252.2 cpl. The surge mirrors a 17% rise in the Singapore Gasoil 10 ppm benchmark, compared...
Another blow to the global LNG market 🚢🚨 🇦🇺 Three Australian LNG export plants (which provide ~8% of the world’s supply) have had output curbed by a cyclone ⚠️ Some offshore gas platforms were knocked offline by the big storm https://t.co/pnn7NiguUr
Oil prices are climbing amid the Iran‑Houthi conflict, reviving 1970s‑style headlines. UBS economist Arend Kapteyn argues that today’s economies are far less oil‑intensive, with oil spending representing a fraction of GDP. In the United States, oil’s share of GDP has...
New Zealand’s government unveiled a four‑phase National Fuel Plan to manage potential shortages triggered by the war in Iran and related supply‑chain disruptions. Phase 1 involves monitoring fuel stocks while keeping access normal; Phase 2 urges voluntary conservation and tighter coordination with...
Solar waste crisis: Federal Labor launches search for national recycling pilot administrator #energysky -- via Renew Economy: https://t.co/VlPMO7Efka https://t.co/pUk9PilFPa
The European Climate, Infrastructure and Environment Executive Agency (CINEA) rolled out the open‑source ReLIFE platform during a 26 March 2026 online workshop, showcasing a digital ecosystem that makes building data actionable for deep residential renovations. The launch targets policymakers, financiers, owners...
Big Tech is betting on nuclear power to fuel the massive electricity needs of next‑generation AI models, a stance now echoed by both parties in Washington. The article argues that while micro‑reactors and political enthusiasm make headlines, the industry faces...
The U.S. Air Force issued a March 25 request for information seeking suppliers to design, license, fuel, construct and deploy micro‑nuclear reactors for up to nine installations by the end of the decade. The solicitation, due April 19, asks vendors to detail...
CIMAC Working Group 17 released a new guideline detailing how hydrogen, ammonia, methanol and ethanol can be used in stationary and marine gas engines. The safety chapter stresses that handling these alternative fuels requires specialized training. It outlines acute health...
The Albanese government has opened an “Approach to Market” procurement to appoint an administrator for a $24.7 million Australian‑dollar (≈$16 million USD) National Solar Panel Recycling Pilot. The pilot will establish up to 100 collection sites and aim to recycle up to...
Hong Kong University of Science and Technology, backed by the Innovation and Technology Commission, has launched two InnoHK research centers to accelerate clean‑energy and advanced‑electronics development. The centers will focus on perovskite photovoltaic cells, green hydrogen production and storage, solid‑state...
The Petroleum and Energy Institute of Thailand (PTIT) refuted claims that local refineries are profiting from the Middle‑East war, noting that the gross refinery margin (GRM) of 6.31 baht per litre in March reflects higher input costs, not net profit....
The Thai Chamber of Commerce is urging the government to curb a recent 6 baht (~$0.16) per‑litre fuel price increase, warning it will raise production, logistics and consumer costs. It calls for securing sufficient crude‑oil supplies, even at premiums above global...
Conrad Fox, Principal Engineer at TD World, leads the development of advanced capacity‑expansion and energy‑storage models while designing capacity market mechanisms for a major North‑American ISO. He integrates wind, storage, and demand‑response algorithms into electricity markets and helped establish Integrated...
J.P. Morgan warns that recent disruptions in the Strait of Hormuz will trigger a cascading oil‑supply shock throughout April. The last tanker left the strait on Feb. 28, coinciding with U.S. and Israeli strikes on Iran, and traffic has been largely...
Southeast Asian nations are reviving nuclear power plans to meet soaring electricity demand driven by AI‑focused data centers. Five ASEAN members—including Vietnam, Indonesia, Malaysia, Thailand and the Philippines—have set targets to commission nuclear capacity by the early 2030s, with small...
FluxPoint Energy, a Houston‑based startup, announced plans at CERAWeek to build the first U.S. uranium conversion plant in nearly seven decades. The modular facility in Texas would initially convert about 2,500 metric tonnes of uranium to UF₆ per year using...
If you want to understand how utilities are going to handle AI, you need to start with rate design. That’s where a lot of the real decisions are getting made. We just dug deep into 25 new data center tariffs across...
Sky News Australia will broadcast a one‑hour special titled "Australia’s Fuel Crisis" on Sunday 29 March at 7:30 pm AEDT, hosted by veteran journalist Chris Uhlmann. The program will dissect soaring fuel prices, shrinking emergency stockpiles, global geopolitical instability and long‑term...
President Trump announced an additional ten‑day pause on attacks against Iran’s energy infrastructure after Thursday’s market close. U.S. equities tumbled, with the Nasdaq Composite falling more than 10% from its October 29 record high and entering correction territory. The S&P 500...
Top utility leaders and a federal regulator announced a coordinated push to curb soaring electricity bills, citing upcoming grid upgrades, state‑federal cooperation, and new data‑center power arrangements. Southern California Edison’s CEO said recent wildfire‑related investments will level rate growth to...
four weeks in, iran continues to export oil through the strait of hormuz. 1.5 million barrels a day, at significantly higher prices than before the war.
Treasury Secretary Scott Bessent announced that the U.S. insurance and naval‑escort program for vessels transiting the Strait of Hormuz will launch imminently, aiming to revive oil and gas flows that account for roughly one‑fifth of global supply. The initiative, run...
Progress on Iraq’s Akkas gas field development has stalled as security concerns tied to the US‑Israel war with Iran forced the evacuation of SLB’s foreign staff. The U.S.‑based contractor was hired in July 2025 to lift output to an initial...
The escalating war in the Middle East has effectively closed the Strait of Hormuz, prompting Maersk to impose emergency surcharges and forcing reroutes that have lifted freight premiums by up to 800%. The shutdown is already curbing production in China,...
Nevis Premier Mark Brantley announced a multilateral‑backed geothermal power project that will initially deliver 10‑30 MW, enough to meet the island’s entire electricity demand. The plan promises to lower current rates of more than $0.40 per kilowatt‑hour to under $0.15, cutting...
Residents of Lee, Massachusetts have pushed back against a utility's smart‑meter deployment, prompting scrutiny of how utilities manage digital infrastructure projects. Details of the dispute were not disclosed, but the controversy underscores broader governance challenges for CIOs in the utility...
Hitachi and GE Vernova have launched a $40 billion joint venture to install BWRX‑300 small modular reactors in Tennessee and Alabama over the next five years. The project will contribute roughly 3 GW – about one percent of U.S. electricity generation –...
Asian equity markets tumbled Thursday as Brent crude hovered around $100 a barrel and Tehran rejected a U.S. cease‑fire proposal. South Korea’s KOSPI slumped more than 3%, while Japan’s Nikkei and Hong Kong’s Hang Seng also posted declines, underscoring the...
Energy Estate has formalised a strategic affiliation with Queensland Cane Agriculture and Renewables (QCAR) to accelerate the BioNQ project, which will convert North Queensland sugarcane into low‑carbon fuels for aviation, agriculture and shipping. The partnership will tap existing regional ports...
The Trump administration’s One Big Beautiful Bill Act (OBBBA) shortens the window for the commercial 48E solar tax credit, ending eligibility for projects that start after July 4 2026 and are not placed in service by December 31 2027. It also imposes Foreign Entity...
Oil shocks don’t just drive up inflation. They also increase unemployment. In the context of an already weak labor market, GS estimates the Iran oil shock will increase the unemployment rate by 20-40 basis points by the end of the year. Source:...
The oil "shock" in retail diesel is nothing of the sort. A heavy-duty truck can drive 42.3 miles on the amount of diesel that can be purchased with this country's average hourly wage of $32. In 2008, an hour of...
Rep. Mike Collins introduced the Diesel Truck Liberation Act, a bill that would strip the EPA of authority to enforce emissions controls on heavy‑duty diesel trucks. The legislation would prohibit federal agencies from requiring emissions devices, onboard diagnostics, and penalties...
Crude oil is up 20% in the last few weeks. Oil prices rose 9% in a single day.
Another big battery prepares to power up as Sunshine state leads extraordinary charge to storage in 2026 #energysky -- via Renew Economy: https://t.co/sLd3GSZw1v https://t.co/btoUQLxZ7l
The Strait. Bab-El-Mandeb. An almost shutdown. Threats. Oil. And the distillates and derivatives. The other products. Hell in a key upstream supply chain. And the E2E effects.
On-site batteries accelerate grid access for data center developers #energysky -- via pv magazine global: https://t.co/xWfxnCemm8 https://t.co/w7cuxythTS
AND THE JAWBONE Crude "only" fell ~$4.50/bbl on the latest Trump post, which is less than 1/3 of the pullback he got on Monday, and the rout was reversed much more quickly. Oil market getting more numb to the nonsense. https://t.co/rgoe9w20zI
Japanese firm GBP launches fencing for solar and BESS sites #energysky -- via pv magazine global: https://t.co/bIjD2bwcSZ https://t.co/zq79J8twto
Safe harboring solar projects now to avoid future energy shocks #energysky -- via Solar Power World: https://t.co/JYC4C9XGQF
MARVEL: The Portable Microreactor Powering Electricity, Heat, and Clean Water by @tweetciiiim #Innovation #EmergingTech #TechForGood #Technology https://t.co/gcf8YkLij0
The US has been toying with the idea of a US oil export ban. This might briefly lower gasoline prices in the US, but it would drive up diesel and jet fuel costs and worsen the overall energy shock. ANOTHER HAIRBRAIN IDEA...
Thermochromic bifacial PV glazing system for reducing building cooling loads #energysky -- via pv magazine global: https://t.co/lobwSFjhyK https://t.co/0gB6vjwsep
