What's happening: Saudi Arabia pre‑qualifies firms for new gas transmission grids
The Energy Ministry has pre‑qualified eight standalone firms and seven consortia to design, build, own and operate natural‑gas transmission networks in five key industrial cities, including Al‑Kharj, Sudair and three zones in Jeddah. The BOO scheme sets a technical‑bid deadline of 23 April 2026 and targets a total of 36 industrial cities for future expansion.
Also developing:
The Penn LNG export terminal in eastern Pennsylvania appears increasingly unlikely after the project's developer dissolved its corporate entity, halting any progress. Despite earlier claims that the project was still advancing, no permits, financing, or construction milestones have materialized. The setback adds to a series of East Coast LNG delays, underscoring regulatory and market challenges facing new export capacity. Industry observers now view the East Coast's ambition to diversify supply as diminishing.
Great insight from @rtoinsider article about NJ: Brian O. Lipman, director of the New Jersey Division of Rate Counsel said that if NJ passed a law requiring data centers to Bring Their Own Generation, "data center developers would...

Pleased to meet with US Energy @SecretaryWright at IEA HQ before the #IEAMinisterial We discussed a range of global energy matters including how the @IEA Summit on Clean Cooking in Africa on 9-10 July that we're co-chairing in Nairobi can deliver...
AI’s expanding power appetite is quietly reshaping freight demand, especially for transport providers serving the oil‑and‑gas sector. Pinch Transport’s flatbed less‑than‑truckload network moves pipe, tanks and heavy equipment across U.S. and Canadian basins, with volumes tied to crude‑price cycles rather...
ACEN Australia integrates 400MW Stubbo solar PV plant into AU$750 million financing pool #energysky -- via pv-tech: https://t.co/5ezLk03ml3
Balcony plug-in solar panels: Are we ready for this new era of accessible energy? #energysky -- via Solar Power World: https://t.co/ZSpQFGAQDL
Buccaneer Energy completed an organic oil recovery (OOR) pilot at its Pine Mills field in East Texas, treating one water injector and two producing wells. Post‑treatment production in the pilot zone rose from roughly 15 barrels per day to about 30...
OIL MARKET: The 2nd round of US-Iran talks has concluded, and Iranian media says there would be a 3rd round of negotiations in the “near future” after both sides consult with their respective governments.
The oil ministers of Iran and Russia met today. Contrary to popular belief, Moscow and Tehran are now bitter rivals in the oil market as the size of the black market for crude shrinks. Both compete to supply China. (My earlier @Opinion...

A South African Energy Traders Association (SAETA) report declares the unbundling of Eskom Holdings the most consequential economic reform since the end of apartheid in 1994. The study, titled “Policy to power: 10 actions to deliver green, accessible and secure electricity,”...
A decade after the Paris Agreement, corporate climate action has shifted from early supply‑chain pilots and nascent net‑zero talk to a reality where Scope 3 emissions dominate and reporting burdens intensify. Initial enthusiasm for broad coalitions has given way to more...

The episode explains that the oil industry needs oil prices around $90 per barrel to achieve a 10% return on capital, the threshold where oil stocks typically outperform the S&P 500. It highlights that current reinvestment rates are just above...

The U.S. Energy Information Administration’s February short‑term energy outlook projects total U.S. crude oil production, including lease condensate, to fall from an average of 13.60 million barrels per day in 2026 to 13.32 million barrels per day in 2027. The decline is...
India’s Ministry of Petroleum and Natural Gas wrapped up the two‑week Saksham 2026 campaign in Chandigarh, drawing wide participation across Punjab and the city. The initiative, led by public‑sector oil and gas firms, promoted fuel conservation and energy‑efficient appliances through walk‑athons,...
The Women in Energy Storage Network (WinES), founded in 2024, now serves over 1,600 members across the UK’s fast‑growing energy‑storage sector. It earned the 2025 Diversity and Inclusion Award, highlighting its role in elevating female talent. WinES will host a...
India’s government announced a target of up to $200 billion in data‑centre investments to turn the country into a world‑class AI data hub. Minister Ashwini Vaishnaw said the plan covers all five layers of the AI technology stack and aims to...

Grenergy has secured a 10‑year financial tolling agreement for its 150 MW/600 MWh standalone battery in Oviedo, Spain’s largest announced storage project. The deal, signed with an investment‑grade international utility, takes effect in January 2028 while Grenergy will continue to operate the...

Zelestra has begun building the 9.5 MW Bellomo agrivoltaic solar plant in Modica, Sicily, under a 10‑year power purchase agreement with Swiss utility BKW that also covers the 6.5 MW Ginosa facility already operating in Puglia. More than 80% of the fenced...

A ceasefire would only mark the start of Ukraine’s energy crisis, as the war has left the power grid in ruins. Experts estimate at least three years of scheduled blackouts, with a 6‑hour on/4‑hour off cycle becoming the norm. Damage...
Lyra Energy, a joint venture between Scatec ASA, Standard Bank and Stanlib, signed power purchase agreements with three corporate off‑takers for most of its inaugural 255 MW Thakadu solar project in South Africa. The plant will be built in two phases,...

NKT has inked a €6 billion long‑term agreement with Polish miner KGHM to secure copper supplies through 2036, extending their existing partnership by nine years. The contract covers copper needed for NKT’s power‑cable production as it scales up to meet rising...

CleanMax Enviro Energy Solutions announced a ₹3,100 crore IPO opening on Feb 23, with a price band of ₹1,000‑1,053 per share that values the company at up to ₹12,325 crore. The issue includes a ₹1,200 crore fresh issue and a ₹1,900 crore offer‑for‑sale by promoters,...

Renvolt, the EPC arm of Voltalia, has secured a turnkey contract to build the 124.2 MW Wexford Hub solar project in County Wexford, Ireland. The award deepens its partnership with the Irish utility ESB, which previously granted contracts for the 43.7 MW...
Australian Vanadium Limited has formed an exclusive partnership with Japan’s Sumitomo Electric to compete for Western Australia’s AU$150 million, 500 MWh Kalgoorlie vanadium flow‑battery project. The deal makes Sumitomo the sole provider of its flow‑battery technology, engineering services and technical support for...

The International Energy Agency’s 2026 State of Energy Innovation report shows that energy security has become the primary catalyst for new technologies, eclipsing affordability and emissions concerns. Energy patents now cover roughly one‑tenth of all global filings, with batteries alone...

Three of Siemens Energy’s largest shareholders are urging the company to focus on stabilising its loss‑making wind turbine unit, Siemens Gamesa, before considering any spin‑off. The call follows activist investor Ananym Capital’s proposal to separate Gamesa, which it values at...
The 120 MW Sewa‑II hydropower plant in Kathua has amassed ₹3,674 crore in revenue since its commissioning in July 2010, under the operation of NHPC. The state government reported that only ₹32 crore—about 1 % of the total—has been transferred to the Local Area Development...
Chamundeshwari Electricity Supply Corporation (CESC) has asked the Karnataka Electricity Regulatory Commission (KERC) to approve a plan that bridges a ₹528.1 crore net revenue deficit for FY 2024‑25. The shortfall stems from higher power procurement costs, rising finance expenses and a 5.8%...
The Banda electricity department has launched a month‑long maintenance campaign from Feb 15 to Mar 14 to safeguard power supply ahead of the summer peak. Chief Engineer Arvind Nayak detailed that 107 substations, 1,379 distribution transformers and 353 lines will undergo inspection...
Ceew CEO Anurabha Ghosh highlighted how artificial intelligence can fine‑tune renewable energy dispatch, forecast storm surges and flood risks, and make agriculture more climate‑resilient. She warned that AI’s own resource footprint—energy and water for data centres—must be managed intentionally. India’s...
Exponent Energy has spun off Exponent One, a fintech and asset‑management platform aimed at financing commercial electric vehicles, and secured $2 million in pre‑seed funding from AdvantEdge Founders. The subsidiary, led by former Ola executive Sandeep Divakaran, will leverage real‑time data...

Bad Bunny’s Super Bowl pole‑dance performance turned a global stage into a protest against Puerto Rico’s chronic power outages. The artist highlighted how the island’s unreliable grid is a direct legacy of U.S. colonial energy policies that deny residents federal...

CyrusOne’s vice‑president of environmental, health, safety and sustainability, Kyle Myers, says the company treats sustainability as a profit centre rather than a cost centre. By centralising ESG functions into a cross‑functional working group, CyrusOne has integrated green‑building standards across its...
South Korean Sinokor now controls 120 oil tankers When one buyer controls the tradable fleet, charterers panic-book, freight spikes, and shocks bleeds into physical oil prices and spreads. https://t.co/Z2GsMyfbtl #oil #tankers #VLCC #shipping #freight #supplychain #sanctions #geopolitics #markets #energy

Dangote Group has inked a $400 million deal with China’s XCMG to acquire heavy‑construction equipment that will fast‑track the expansion of its petroleum refinery from 650,000 to 1.4 million barrels per day. The upgrade will also boost petrochemical outputs, including polypropylene, urea...
China’s operating power capacity from non‑fossil sources surpassed fossil‑fuel capacity for the first time, reaching 52 % of the total in February 2026. The achievement reflects a decade of aggressive solar and wind deployment, backed by the world’s largest clean‑energy supply chain....
The 260 MW/619 MWh first stage of Quinbrook’s Supernode battery in Brisbane has entered commercial operation under a tolling agreement with Origin Energy. The project is part of a phased build‑out that will reach 780 MW and 3,074 MWh by 2027, positioning it as...
Suriname’s GranMorgu project, a $10.5 billion offshore development by TotalEnergies and APA, targets 760 million barrels and is projected to generate $26 billion in revenue. The field is slated for commissioning in 2028, roughly twice the timeline Guyana achieved for its Stabroek Block....
Wow, the sun shined a lot in the middle of a day. I guess solar is reliable now... If @SEIA really believes in their product, they should join me in calling for an end to all solar subsidies and for requiring...

Vertiv reported a record Q4 2025, with net sales rising 23% to $2.88 billion and organic growth of 19%. Orders exploded 252% year‑over‑year, pushing the backlog to $15 billion and a 2.9× book‑to‑bill ratio. The company unveiled high‑density prefabricated cooling platforms, modular...
The EV battery metals index surged to a 27‑month high as December’s raw‑material spend topped $2 billion, the first such level since August 2023. Global passenger EV sales likely passed 30 million units in 2025, driving a 25% increase in deployed battery...
The United States and Armenia signed a nuclear cooperation agreement on February 9, committing to American modular reactor technology for Armenia's next plant. Moscow responded with a public backlash, accusing the U.S. of untested designs and offering lucrative financial and infrastructure...
Supply and demand balances show a 3.1 million‑barrel‑per‑day surplus in the first quarter of 2026, the largest for the year and unchanged from the previous month. Asian storage facilities have largely absorbed the excess crude, preventing immediate price spikes. Nevertheless, continued...
The Republic of Congo has begun Phase 2 LNG exports from the new Nguya FLNG facility, boosting total project capacity to roughly 3 million metric tons per year. Operated by Eni, the unit was commissioned ahead of schedule and shipped its first...
Canada’s energy minister announced a C$16.5 billion Pathways Alliance carbon‑capture buildout in Alberta’s oil sands, linking the project to a new pipeline deal and a higher industrial carbon price. Six of the country’s largest oil‑sands producers will capture and store CO₂...
Hungary and Slovakia have formally asked Croatia to permit Russian crude to flow through the Adria pipeline after the Ukrainian segment of the Druzhba pipeline was shut down following Russian strikes. The two countries cite an EU sanctions exemption that...
🧵 Why Virginia’s SB 621 matters: getting more out of the grid we have already pay for 1/ SB 621, led by Senator Srinivasan, is a bill focused on one simple idea: we most certainly have to build more grid, but...

I've been cranking numbers. Full year 2025, it looks like nuclear power just about kept its nose ahead of wind and solar. But in H2 2025, while wind didn't quite overtake nuclear, solar did. In 2026 nuclear will drop to...
Wärtsilä has been chosen by Gramme Storage 1 to build a 50‑MW/100‑MWh battery energy storage system in central‑eastern Belgium, with construction underway and commissioning expected by mid‑2027. The project will participate in Belgium’s Capacity Remuneration Mechanism, delivering frequency and voltage support...
"A key plank of Norway’s Climate Action Plan 2021-2030 is the gradual raising of its carbon tax to USD 220 per tonne of CO2 by 2030." Norway has had a carbon tax since the 1990s. That seems to escape the...