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:
Sierra Leone’s Petroleum Directorate announced its sixth offshore licensing round, targeting deep‑water blocks in a largely untapped frontier basin. Recent 3‑D seismic surveys suggest the offshore could hold tens of billions of barrels of recoverable oil and gas. At the Invest in African Energy Forum in Paris, officials will outline fiscal terms and regulatory frameworks to lure international investors. Existing interest from Eni and Nigeria’s F.A. Oil underscores growing confidence in the basin’s upside.
Foresea secured a long‑term contract with Petrobras to operate the ultra‑deepwater drillship ODN I on the Mero field offshore Brazil, adding roughly $465 million to its order backlog. The agreement covers a 1,443‑day drilling campaign slated to begin in early 2027, with...
Nigeria’s Upstream Petroleum Regulatory Commission has reduced idle‑well permit approvals from weeks to mere hours, aiming to boost output as crude prices hover around $100 a barrel. The fast‑track process has already cleared 500 permits in 2024, encouraging local firms...
Saudi Arabia is accelerating crude exports from its Yanbu Red Sea terminals, aiming for a 5 MMbpd target as the Strait of Hormuz remains effectively closed by Iran. The East‑West pipeline linking Abqaiq to Yanbu can handle 7 MMbpd, but 2 MMbpd are...
"We're going to see prices at the pump go back down," says White House's Karoline Leavit Trump's prioritization of domestic oil production will to it, she says Just like Drill, Baby, Drill that never happened for the last 15 months? You don’t offset...
China signaled that its door remains open for joint oil and gas development in the South China Sea, but it told Manila it must first demonstrate sincerity before talks can resume. President Ferdinand Marcos Jr. linked the renewed interest to...
The FAT TAIL for the Persian Gulf crisis Prolonged energy disruption & economic dislocation THRU 2027, says @ProfessorKaren That assumes the conflict is resolved in April or May
Oil production in Iraq down again because storage tanks are filling up and the country can't export. https://t.co/tyEDWv8Trb
Geraldine Slattery, president of BHP’s Australian operations, warned that ongoing energy disruptions caused by geopolitical tensions are pushing nations to prioritize supply security over climate goals. The warning comes as oil prices have surged 35% and BHP faces pressure over...
Australians are "panic buying" fuel This is a classic early-stage crisis dynamic People fear shortages → they hoard → Local outages appear → which reinforces fear THIS IS WHAT FRAGILITY LOOKS LIKE BEFORE FAILURE This will happen in your country next
Even if a “deal” happens tomorrow, the damage doesn’t reset Kuwait Petroleum says full production recovery takes 3–4 months A ceasefire is just the start of a long, uneven rebuild #Oil #Kuwait #Hormuz #EnergyCrisis #SupplyShock #Geopolitics #OOTT #Markets
Consumers Energy filed a request with the Federal Energy Regulatory Commission to push back the start of a $350 million spillway replacement at Michigan’s Hardy Dam until the end of 2028, citing the pending sale of the dam to Confluence Hydro....
Second-life EV batteries approved for data center microgrid expansion #energysky -- via pv magazine usa: https://t.co/5D6R4Ym6Xp
Tweedle Dum and Tweedle Dee agree that the opening the Strait of Hormuz is important Where's DOGE when you need to cut fraud and waste?
Vietnam and Russia have signed a deal to build a nuclear power plant, marking a new chapter in bilateral energy cooperation. Specifics on capacity, financing and construction schedule were not disclosed, leaving analysts to gauge the partnership's impact on regional...
Finally, a little commerce is moving in the Strait of Hormuz. The Iranians benefit by charging up to $2 million for free passage and those who pass obviously benefit or they wouldn’t pay the transit fee. THREE CHEERS FOR COMMERCE. https://t.co/hzDa6MSkxF
Intro econ for NYT reporters, oil was priced in yen it would be going up more in percentage terms in yen than it is going up in percentage terms in dollars. The unit is just a convention https://t.co/zCOwmbyJQv
Mindjoin announced the acquisition of Solteir, a power‑infrastructure firm that built grid‑connected facilities for Bitcoin mining, to broaden its artificial‑intelligence compute platform. The deal merges Solteir’s energy assets with Mindjoin’s AI strategy, addressing the power constraints that limit next‑generation AI...
Gasoline is telling you what this war really means. Up $1.00 a gallon in just 25 days. It's the first wave of the coming tsunami of inflation #GasPrices #Oil #Inflation #EnergyCrisis #Iran #Hormuz #Economy #Geopolitics #War #OOTT
Aliko Dangote’s refinery has lifted its ex‑depot gasoline price to N1,285 per litre – its fifth hike in March – as the U.S.–Israel war on Iran pushes crude to $120 a barrel. The move deepens Dangote’s downstream foothold while sparking...
Survey reveals PV systems in Germany outperform lifespan expectations #energysky -- via pv magazine global: https://t.co/2T7RmNyjWe
S&P Global’s flash Purchasing Managers’ Index surveys for March 2026 show business activity edging closer to stagnation worldwide, with the eurozone slipping to 50.5 and the UK composite at 51.0. At the same time, input‑cost inflation jumped as Brent crude...
“Weaponizing the Strait of Hormuz is not an act of aggression against one nation. It is economic terrorism against every nation, every family that depends on affordable energy and food.” Abu Dhabi National Oil Co. CEO Sultan Al Jaber says in speech at @MiddleEastInst...
Snowy 2.0 budget to be exhausted in coming months, ratings agency says, as gas plant hit by new delays #energysky -- via Renew Economy: https://t.co/5pKV23AbWA https://t.co/J4WxHGtyFw
First Gen Corp., the Philippines‑based Lopez Group utility, posted an 8% profit increase in 2025, with attributable recurring net income rising to $264 million and revenue climbing 6% to $906 million. The company now operates 1,700 MW across hydro, geothermal, solar and wind...
Good morning, We are in Day 26 of the war and Asia is reeling from the conflict as we are most dependent on Middle oil and gas. Let's talk about how Asia is affected by this conflict, a thread. You can...
Nebraska advances energy storage and data centre-focused bill #energysky -- via Energy Storage News: https://t.co/BqundVHw3F
Philippine Geothermal Production Co. (PGPC), the geothermal arm of SM Investments, announced a P3 billion (~$54 million) funding round to explore six new steamfields across Luzon. Drilling has already started at Mt. Labo and Mt. Malinao, with projects expected to take five...
Yesterday, the EU struck a trade deal with Australia to secure access to critical minerals, like lithium and aluminum. According to the NYT, US tariffs pushed the deal forward. TRUMP’S TARIFFS = CREATING AMERICAN ENEMIES = PIVOT AWAY FROM UNCLE SAM. https://t.co/Suer5RGrQO
US officials are examining what a potential spike in oil prices as high as $200 a barrel would mean for the economy, sources tell @hlowenkron @SalehaMohsin and me, a sign of studying possible fallout from extreme scenarios for the #Iran...
Germany’s National Academy of Science and Engineering (Acatech) says the country could have a commercial fusion power plant by 2045 if it dramatically accelerates the program. Achieving this would demand massive investment—tens of billions of dollars—expanded training, industrial‑scale component manufacturing,...
Report: Cutting red tape in residential solar could save homeowners billions #energysky -- via Solar Power World: https://t.co/eOPy0cAMlC
Congress is drafting provisions to treat data centers as critical infrastructure and lower their electricity costs, while New Jersey passed a bill forcing large facilities to foot grid‑upgrade bills. The moves address a projected doubling of data‑center power demand to...
Octopus Energy chief Greg Jackson told the BBC that solar‑panel sales have jumped 50% since the Iran‑Israel war began, with heat‑pump sales up 30% and electric‑vehicle enquiries rising over a third. The surge reflects households hedging against higher energy bills...
Blueleaf Energy has commissioned the 300‑MW‑peak Pachora Hybrid Power Project in Madhya Pradesh, marking its flagship wind‑solar development in India. Valued at 1,900 crores (approximately $230 million), the plant will generate about 600 million kilowatt‑hours per year—enough for over 550,000 households—and sells power...
Victoria’s energy minister has launched an expression of interest for three large synchronous condensers in the Latrobe Valley, targeting the former Hazelwood coal terminal. The state already invested $480 million AUD (≈$317 million USD) in a syncon near Ararat, which is expected...
The EPA announced an emergency waiver allowing nationwide summer sales of E15, a gasoline blend containing up to 15% ethanol, as gas prices near $4 per gallon. The move, highlighted at CERAWeek, is framed as a relief measure for consumers...
The New South Wales government announced a coordinated response to diesel distribution gaps that are affecting mining, agriculture and freight. Data from FuelCheck shows 187 stations lack diesel, including 78 in key mining regions, while 32 stations have no fuel...
Sunrise Energy Metals and U.S. tech firm I‑Pulse are investing $5 million to develop geothermal drilling in Queensland’s Millungera Basin, targeting up to an 80% project stake. The basin is estimated to hold over 611,000 PJ of thermal energy—about 600 times Australia’s...
Nikolay Grebentsov, president of Nikovit Inc., is scaling a clean‑energy venture that sells affordable heat‑pump and mini‑split systems through its EZCOOL brand. Recent accolades—including the Best Entrepreneur in HVAC award and a Small Business Breakthrough Award—coincide with a push to...
Indonesia is seeing a surge in coal and crude palm oil (CPO) prices as the US‑Israeli war on Iran pushes oil to about $100 a barrel, prompting countries to seek cheaper coal and bio‑fuel alternatives. Newcastle coal futures have climbed...
Gas shortfall fears pushed out again as grid battery boom and electrification take fresh bite from demand #energysky -- via Renew Economy: https://t.co/SIHv5tanVT https://t.co/F4npGu5RMq
Australia’s tax framework allows gas exporters to retain a larger share of profits than most citizens expect. The system, crafted by the federal government, offers low corporate tax rates, generous depreciation allowances, and limited resource royalties. Critics argue the regime...
Nine big batteries totalling 2 gigawatts shortlisted for payments to maintain “heartbeat” of the grid #energysky -- via Renew Economy: https://t.co/slnOMLGd5j https://t.co/Ejwlk6zP7n
ERCOT after RTC+B: How real-time optimisation is reshaping battery storage economics #energysky -- via Energy Storage News: https://t.co/0kTqm7fk8G
Snowy Hydro’s flagship Snowy 2.0 pumped‑hydro scheme, a 2,200 MW storage project, is projected to breach its $12 bn AUD (≈$7.9 bn USD) capex by fiscal 2026, with the work only 70% complete. The federal government has already supplied $5.98 bn AUD (≈$3.9 bn USD) in...
Will U.S. diesel and jet fuel inventories decline to historic lows? US Weekly Oil Data: US Inventories, Exports, Imports, and Refinery Utilization (12 Charts). Link: https://t.co/9fNzVH20GN
On Tuesday morning, oil futures trading surged dramatically as 734 contracts changed hands between 10:49 and 10:50 GMT, jumping to 2,168 contracts in the following minute—16 times the day’s average volume. Bloomberg valued the contracts traded in that 60‑second window at...
The U.S.-led war in Iran has sent oil prices soaring, pushing gasoline costs for a heavy‑duty pickup in Houston from about $70 to $90 per tank. Phrostibe Italian Ice, a family‑run mobile vendor, is feeling the squeeze, redesigning delivery routes,...
British Chambers of Commerce chief Shevaun Haviland will urge UK ministers to keep an energy‑bailout option on the table as the Iran‑Israel conflict drives oil prices higher, warning that disrupted shipping lanes will lift business energy costs. She stresses calm,...
