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
Munch Energie is linking five 50 MW/100 MWh battery projects into a 500 MWh BESS network in Saxony‑Anhalt, creating Germany’s largest integrated storage cluster. The assets connect via a new substation and are slated for commercial operation by June 2026, with plans to expand to 800 MWh by the end of 2026. Financing from Capcora underpins the rollout, while the company’s 2023 solar‑plus‑storage pilot demonstrated the hybrid model’s viability. However, the upcoming expiry of a grid‑fee exemption in August 2029 introduces regulatory uncertainty.
U.S. President Donald Trump announced a five‑day pause on military strikes against Iranian energy assets, claiming productive talks toward ending the Middle East conflict, while Iran refuted any negotiations. Analysts say the Strait of Hormuz remains only partially open, with...
Utah’s Republican leadership is courting the federal Department of Energy to host a nuclear lifecycle innovation campus in Millard County’s salt caverns, positioning the state as a potential hub for spent‑fuel storage and recycling. The initiative aligns with the DOE’s...
Saudi Arabia and Kuwait are pressing ahead with multibillion‑dollar energy transactions despite Iran’s recent attacks on regional oil and gas assets. Kuwait Petroleum aims to raise up to $7 billion by leasing part of its pipeline network, attracting private‑equity and infrastructure...
ASEAN+3’s energy systems face mounting pressure from climate‑driven disasters, soaring electricity demand and geopolitical volatility. In 2024, natural catastrophes in the Asia‑Pacific cost roughly $320 billion, while the International Energy Agency projects Southeast Asia’s power demand to double by 2050. The...
The Indian government will propose cutting the share of broken rice in the public distribution system from 25% to 10%, freeing about 9 million tonnes of broken rice each year for the ethanol industry. The move follows a 40% surge in...
Russia is expanding its clandestine LNG shipping network by acquiring three 20‑year‑old carriers that have been transferred to a newly created Turkish company and reflagged under Sierra Leone. The vessels are currently idle, sailing in ballast around the Cape of...
Airports worldwide are moving from passive energy consumers to active managers, deploying a mix of renewable generation, electrification, and emerging fuels. Venice Marco Polo Airport is installing 70 acres of agrivoltaic solar to generate 80 GWh annually, while San Francisco International is...
In this episode, Hugh MacArthur talks with Michael Dorrell, co‑founder of Stonepeak, about the surge in AI‑driven data‑center demand and its ripple effects on the energy sector, highlighting opportunities in gas infrastructure, LNG export projects, and a paradoxical sweet spot...
BT Group has signed a 10‑year agreement worth up to £200 million (about $255 million) with Northern Ireland Electricity Networks (NIE Networks) to provide upgraded connectivity, cybersecurity and IT services. The contract will support NIE’s digital transformation across its 966,000‑customer base and...
The Westlands Water District unveiled the Valley Clean Infrastructure Plan, a 21‑gigawatt solar‑plus‑battery project spanning 136,000 acres in California’s Central Valley. The initiative aims to convert fallowed, water‑scarce farmland into clean‑energy “crops,” financing a new 500‑kilovolt transmission network to deliver...
SBM Offshore announced that ExxonMobil Guyana Limited has awarded it Front End Engineering and Design (FEED) contracts for a new floating production, storage and offloading (FPSO) vessel supporting the Longtail development. The vessel will process up to 1,200 bcf of gas...
Global passenger EV sales slipped 6% year‑on‑year in January 2026, with battery deployments plunging 42% month‑on‑month. Despite the volume decline, average battery capacity rose 8%, pushing lithium intensity up to 21.4 kg per pack. Zimbabwe’s new ban on raw lithium concentrate...
Japan announced it will release roughly 80 million barrels of crude from its strategic reserves starting 26 March, supplementing a 15‑day private‑sector release earlier in the month. The drawdown will be executed across 11 sites nationwide, bringing Japan’s total contribution to the...
Adams Natural Resources Fund (PEO) leverages its 85‑year distribution pedigree to deliver a current yield of roughly 7.5%, with upside potential toward 10% if net asset value climbs. The fund’s concentrated energy portfolio—top ten holdings account for 64%—captures sector rallies...
Around 2,000 residents of Laiya in San Juan, Batangas have filed a petition urging the local cooperative, Batelec II, to cede service to Manila Electric (Meralco). A Capstone Intel survey found 93 percent of consumers endure one‑to‑three‑hour outages, damaging appliances and disrupting tourism‑driven livelihoods....
Metafin, a solar financing platform for rural Indian MSMEs and households, secured a $10 million structured debt facility from Lendable’s Transportation and Energy Fund. The capital will expand financing for productive-use solar systems, replacing diesel generators in underserved regions. To date,...
Bangladesh expects to commission its first nuclear reactor within months, marking a long‑delayed entry into atomic power. The plant was originally slated for early 2025 under the previous administration but technical hurdles in grid integration pushed the timeline back. Energy...
Australian explorer H3 Energy has initiated a targeted helium assessment across the Milford and Milford East structures of its Alinya project in South Australia’s Officer Basin. The study follows Sproule ERCE’s independent estimate of up to 209 billion cubic feet of helium...
Japan will tap the largest ever portion of its strategic oil stockpiles, releasing 80 million barrels – enough for 45 days of domestic demand – as the US‑Israel war on Iran threatens tanker traffic through the Strait of Hormuz. The move...
Petroleum’s extraction, transport and petrochemical by‑products form a hidden architectural layer that reshapes cities worldwide. From Baku’s early oil‑filled coastline to Texas fields and Gulf complexes, oil infrastructure converts geological depth into economic value, dictating land division, road placement and...
The Future Energy Exports CRC (Fenex CRC) has secured a contract with Pacific Energy to supply two electrolysers and has launched Front End Engineering Design for Stage 2 of the Kwinana Energy Transformation Hub (KETH). Backed by an A$163 million (~US$108 million) research...
Sungrow Hydrogen announced the shipment of green hydrogen systems to projects in Oman, Italy and Brazil, marking its first deliveries across three continents. The company supplied 160 MW of alkaline electrolysis units for a green ammonia venture in Oman, a 3 MW...
The Truck and Engine Manufacturers Association (EMA) filed a motion to intervene in the Sierra Club’s lawsuit challenging the Trump administration’s EPA rollback of the endangerment finding and vehicle emission standards. EMA’s filing signals industry support for the repeal, which...
The US never thought through the possibility of an oil shock before its attacks, says @BarakRavid That's why it's lifting sanctions on Iran's oil That's not strategy That's trying to hide your mistakes And Iran still gets value from those barrels one way...
Japanese automaker Suzuki Motor Corp. launched its second biogas plant in Gujarat, India, converting cow dung into methane for CNG vehicles. The facility can process up to 100 tonnes of dung per day, producing roughly 1.5 tonnes of biogas, which...
Do you know there are changes to Malaysia’s RE schemes? Effective late 2025–2026 ⇒ On 29 Dec 2025, the Energy Commission revised the Corporate Renewable Energy Supply Scheme (CRESS) Guidelines, shifting excess‑energy treatment from “free to grid” to being contract‑based under...
UAE Minister of Industry and Advanced Technology Sultan Ahmed Al Jaber urged multinational corporations and governments to convene an international working session on the resilience of the global energy system, citing Iran’s recent attacks on Gulf energy infrastructure and the...
SoftBank Group and American Energy Power (AEP) announced a $33.3 billion investment to build a 10‑GW power hub in Pike County, Ohio, featuring at least 9.2 GW of natural‑gas generation and new transmission lines. The project aims to power data‑center expansion, create...
Singapore jet at $230 a barrel tells you where the stress is showing up first Jet has been ground zero, then naphtha and fuel oil, with diesel next & gasoline last The whole barrel is now under stress. It's a system-wide shock #JetFuel...
There's 1000-1500 MWh/year (varies by location) Back of envelope: ~3MWh day from 600kW Add a 2MWh battery, and we're done https://t.co/bwagWj8doa
President Donald Trump posted on Truth Social that he was halting strikes against Iran’s energy infrastructure, claiming "very good and productive conversations" with Tehran. Iran quickly denied any such talks ever occurred. Within minutes, oil futures spiked, and a trader...
Hoarding creates the fuel supply problem All "servos out of petrol stories" ought be accompanied by specific mention of which fuel - otherwise they're just click-bait What aren't more stories reporting and shaming the hoarders? https://t.co/2PxaL3xXgP
"It is outrageous that people will be buying homes that are expensively heated with gas when we have perfectly good technology – heat pumps – that can be installed instead." My comments @theguardian.com new homes in the UK still using...
The Trump administration and French energy firm TotalEnergies have agreed to redirect roughly $1 billion earmarked for offshore wind projects toward conventional fossil‑fuel investments. This decision arrives just days after major offshore wind milestones, including the completion of Vineyard Wind in...
When these countries decided to swap to electric vehicles, they just did And it doesn't seem to take long They won't be having much of a crisis of oil (still some, just not as much Graphs by @leRaffl https://t.co/pwbx23EBnH https://t.co/uEcG9YrpIJ
Almost 99% of Pakistan’s LNG imports came from Qatar last year. Now, PAK import terminals are close to shutting down. Pakistan may be forced to turn to more EXPENSIVE and DIRTIER furnace oil to generate power. PAKISTAN SHOULD SEND A BILL FOR...
The SwitchedOn podcast highlights how rooftop solar, home batteries and electric‑vehicle charging are turning Australian households into active participants in the electricity system. A recent EA Technology survey of over 8,000 consumers across Australia, the UK and New Zealand reveals shifting...
A VLCC laden with 2 million barrels of Basrah crude successfully transited the Strait of Hormuz. How? We still don’t know. All we know is AIS signal off when it crossed. https://t.co/MAsl9PyQhK
Exclusive interview: Argentina’s Energy Secretary on BESS tender and new era for country’s energy sector #energysky -- via Energy Storage News: https://t.co/WuwKJsoyeP
The Chinese Billionaire Who Says America’s EV Market Is Doomed Without Him—Robin Zeng of CATL can’t build a factory in America, but Ford and GM rely on its technology @Kubota_Yoko @christopherotts https://t.co/tIRVSfDXPe https://t.co/tIRVSfDXPe
Volts community thread #28: Iran, Bend OR, balcony solar & more #energysky -- via Volts/David Roberts: https://t.co/KuPKbRqZOY https://t.co/Gg0SY1UgTm
Record efficiency achieved for perovskite-silicon triple-junction solar cells by @EPFL_en @TechXplore_com Learn more: https://t.co/sZXYSMQ1KF #Sustainability #TechForGood #CleanEnergy https://t.co/ykexA5vACR
Charging on the Move: Sweden’s Road That Powers Electric Vehicles as They Drive by @MikeHudema #Sustainability #ClimateTech #TechForGood #CleanEnergy https://t.co/HSt7CoPtIT
Now, after the third incident of price manipulation, oil prices are rising again. Bent is about $104/b.
Brent futures at $110 does not mean $150 is “theater” @robin_j_brooks Spot barrels & products are already trading there. The paper market ≠ physical market Put the esoteric models in the trash & ask any oil trader what's true #Brent #Oil #SpotMarket #Futures...
1 mmb/d Russian export terminal seriously damaged by Ukrainian drone attack @CaolanReports claim that it's been "blown up" & "will take forever to repair" are speculative click bait #Russia #Ukraine #Primorsk #Oil #CrudeOil #EnergyMarkets #Baltic #Drones #Geopolitics #OOTT
Pressure mounts to power up energy efficiency, to unplug households from global energy shocks #energysky -- via Renew Economy: https://t.co/b9JByKhled https://t.co/Yj1bHP7IrG
"Takaichi Orders Review of Entire Supply Chain for Oil Products" I suspect the review will find that about 90-95% of #Japan’s oil imports come from Middle Eastern countries... https://t.co/hjPmFeOPov
Well at least there’s nothing else going on that would drive the price of gas higher
