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
Thai Prime Minister Anutin Charnvirakul announced that the nation has roughly 100 days of oil reserves remaining. The government has reduced oil exports to Laos and Myanmar by 25% and 20% respectively, citing the war in the Middle East. Officials stress there are no immediate shortages and Thailand can continue operating at full capacity. They also warned that hoarding is driving demand spikes, but urged the public not to panic.
Australia’s LNG producers might face higher taxes if they make too much money 🇦🇺 💰 Prime Minister Albanese has asked Treasury to look into imposing a windfall tax on the country’s vast LNG industry, to capitalize on soaring prices of...
Elon Musk is buying billions of dollars worth of Chinese equipment to make solar panels in the US. Win-win cooperation as the Chinese would say https://t.co/JhBY1haWMq
The Australian electricity market, built around extensive poles‑and‑wires infrastructure, is being upended by modular, virtual solutions such as microgrids, behind‑meter storage and demand‑side management. These technologies let consumers and manufacturers source renewable power locally, reducing network utilisation and challenging traditional...
Energy Insiders released a podcast featuring Fluence’s Jeff Monday and SA Power Networks’ Adam Cameron discussing how falling battery costs are reshaping energy demand. They explore storage’s potential to manage data‑centre power spikes and to provide household flexibility essential for...
Aker Solutions has been awarded a front‑end engineering design (FEED) contract by KN Energies to develop a CO₂ transshipment terminal in Klaipėda, Lithuania. The terminal, part of the CCS Baltic Consortium, will handle about 2.8 million tonnes of CO₂ per year...
Bessent's suggestion to lift sanctions on Iranian oil is INSANE Congressman Scott Perry explains that the world gets the oil but Iran won't get paid b/c it's outside the global financial system now He's clinically INSANE #Oil #Iran #EnergyCrisis #Geopolitics #Markets
“The world is changing”: Regulator says consumers won’t be left holding bill for stranded gas networks #energysky -- via Renew Economy: https://t.co/Hrkz6NBQgc https://t.co/WbhaOAu0tY
Saudi Aramco’s Safaniyah offshore complex, the world’s largest, can pump more than 1.3 million barrels of oil per day and contains over 30 billion barrels of proven reserves. The field’s scale has sparked a fierce bidding war among international oil‑service firms seeking...
The U.S. biodiesel sector has struggled with pandemic fallout, rising renewable diesel competition, and the 2023 RIN cliff, prompting several plant closures. Recent state and federal tax credits—particularly Iowa’s production credit, the Small Agri Producer credit, and the new 45Z...
Call the headline “attention grabbing” if you must, but this is an excellent look into what those modeling oil prices in Saudi Arabia see happening Thanks @summer_said #oott #oil #iran https://t.co/7AGgTmaVXb
Brent cools down to $105 early Friday. The war has entered its 21st day, with the Strait of Hormuz still effectively closed. Have some in the market drunk the kool-aid again?
The NSW Independent Planning Commission approved Iberdrola’s 270 MW/1,080 MWh Kingswood standalone battery south of Tamworth. The decision came three months after the project was referred following more than 60 public objections, many from local residents concerned about visual, transport and fire...
Saudi Arabia. Sees oil going to $180 if the chaos continues past April. Clearing up the maritime mess may take that.
U.S natural gas comparative rose 52 bcf to a surplus of 16 bcf week ending March 13 Henry Hub spot price increased $0.20 to $3.19 on Gulf war supply urgency fears #energy #NaturalGas #shale #fintwit #oilandgas #Commodities #ONGT #natgas #LNG https://t.co/xkTrGWwvfb
Boss Energy has refreshed its uranium resource estimates for the Gould’s Dam and Jason’s Deposit projects in South Australia, reporting a 30% increase to 33.1 million pounds of contained uranium at Gould’s Dam and a 9% rise to 12 million pounds at...
Debt-laden South African municipalities may turn to solar-plus-battery backup solutions #energysky -- via pv magazine global: https://t.co/yVWOXGTUZe
“Grow your own and buy local”: Networks seek change and flexibility to manage a 100 pct renewable grid #energysky -- via Renew Economy: https://t.co/Gezxtk3hln https://t.co/9Ooj4rP7GJ
The New South Wales government released a 2026‑2050 mining roadmap that bans new coal mines but permits extensions of existing operations for up to 25 years. Expansions will be subject to emissions conditions, though only three of the state’s 37...
With global energy prices going vertical, the next metrics to watch are recession probabilities of net energy importers - particularly in South and Southeast Asia https://t.co/ehwgNBNqH4
The Australian government is weighing a windfall tax on gas company profits, with Treasury conducting modelling ahead of the May 2026 budget. Finance Minister Jim Chalmers will ultimately decide whether to introduce the levy. Meanwhile, Energy Minister Katy Bowen says her...
AGL and Fluence commissioned Australia’s first 500 MW/1 GWh grid‑forming battery at Liddell, backed by a AU$35 million ARENA grant. The project highlighted regulatory uncertainty around inverter standards and the need to oversize batteries for synthetic inertia and fault‑current support. Island‑mode commissioning was...
President Donald Trump’s team is scrambling for measures to curb soaring crude prices as the Iran‑Israel war enters its third week. Options on the table include a U.S. Navy escort for tankers in the Strait of Hormuz and a rapid...
Ethanol producers in Thailand are ramping up output to satisfy rising demand for gasohol E20, a 20 % ethanol‑blended fuel promoted to curb oil import reliance. The government aims to keep E20 priced at least five baht per litre below gasoline...
Shell’s Pearl gas‑to‑liquids (GTL) plant in Qatar will keep one of its two processing trains offline for at least a year after an Iranian strike earlier this week. The affected train represents roughly half of the plant’s output, cutting Shell’s...
Russia is leveraging a U.S. waiver and global oil shortages to boost its crude and product exports. Seaborne product shipments jumped 25% to 2.6 million barrels per day, while crude exports rose about 10% in March. Production gaps caused by OPEC‑plus...
Opella Healthcare has launched a manufacturing electrification project at its North Brisbane plant, backed by a $1.94 million grant from the Australian Renewable Energy Agency. The initiative replaces gas‑fired dehumidification with heat‑pump technology, aiming to cut roughly 1,200 tonnes of CO₂ each...
Senator Sheldon Whitehouse announced a Senate Environment Committee probe into the Permian Basin after MethaneSAT satellite data revealed methane emissions four times higher than EPA estimates. The inquiry targets eight major oil and gas producers, demanding details on monitoring practices...
Oil prices are set for a weekly rise as the Middle‑East conflict enters its fourth week, with the Strait of Hormuz effectively shut and strikes persisting across the region. Brent crude traded above $108 per barrel, marking a more than...
Industry, Not Consumers, Driving Electrification of Canada Canada’s electrification story isn’t what you think. David Pickup of @Pembina discusses Canada's Energy Futures 2026. https://youtu.be/N4OWzu-p-YU
Alberta Landowners are "Pissed Off" with Deadbeat Oil Companies Propped Up by UCP Government Mark Dorin staged a public blockade of his Edmonton-area land where MAGA Energy hasn't paid lease fees for three years #ableg #abpoli https://markhamhislop.substack.com/p/alberta-landowners-are-pissed-off
/file/attachments/orphans/13823688_470721.jpg)
South Africa is confronting an acute fuel supply shock after the Strait of Hormuz closure disrupted Middle‑East oil flows. The government assures no station shutdowns, yet industry‑level allocation bans have left diesel pumps dry in several provinces. A strategic petroleum...
Caretaker energy minister Auttapol Rerkpiboon announced punitive measures against petrol‑station operators who charge above the government‑regulated, subsidised rates. The state Oil Fuel Fund guarantees subsidies for every litre leaving refineries, while diesel’s price cap has risen from 30 baht to 30.5 baht...
The Australian Government is revising its Fuel Security Services Payment to keep the 1.8 cents‑per‑litre cap while changing the trigger that releases subsidies, aiming to better match current market conditions. The move supports the Viva refinery in Geelong and Ampol’s Brisbane...
Brazil imposed a 50% tax on diesel and marine gasoil (MGO) exports on 12 March, causing demand in Brazilian ports to collapse. Suppliers report "non‑existent" MGO volumes as buyers shift to very‑low‑sulfur fuel oil (VLSFO). Even domestically flagged vessels now prefer...
A wave of international assistance is reaching Cuba, highlighted by a Russian oil tanker and humanitarian convoys from several nations. The fuel deliveries aim to alleviate chronic shortages that have crippled transportation and tourism. Commentators on social platforms expressed cautious...
It’s been another rollercoaster day in the oil market with both benchmarks trading in a wide range (CNBC charts below). Between the remarks from officials in Washington DC and those out of Israel — both following the attacks on energy infrastructure...
“Get long and buckle up,” says Jeff Currie. It took -$37 to clear oversupply during Covid Currie's "mirror image" approach indicates it may take $175 BRENT TO CLEAR THIS SHORTAGE That’s not volatility—that’s a regime shift #OilMarkets #Brent #EnergyCrisis #Commodities #Macro #Supercycle
Eastman launches 800 MW solar module plant in India #energysky -- via pv magazine global: https://t.co/VPIu82w0jy
Markets still think this snaps back. It won’t, writes @elerianm This isn’t “transitory” It’s multiple equilibria, where each shock creates a new, worse baseline. #Macro #EnergyCrisis #SystemicRisk #Markets #Oil #Geopolitics
US solar installations reach 43 GW in 2025 despite slowdown #energysky -- via pv magazine global: https://t.co/GxDPCObAMH https://t.co/EVfWXIknCd
Israel Prime Minister Benjamin Netanyahu has joined Trump in jawboning the energy market. In a press conference, he said that Israel won't attack anymore oil and gas targets in Iran, and also indicated that the war would be over faster...
If true (BIG if), this might help avoid further escalation against upstream assets—which is good, because this can still get so, so much worse. But at its core, the Hormuz stoppage is a crisis of lost time—and we’re still no closer...
EPBC gives green tick to massive Queensland battery in just 41 days, now for the state #energysky -- via Renew Economy: https://t.co/oKUJjHFPQ8 https://t.co/FVuu4jYuwk
As an indication of how Iran is effectively playing its cards, its control of the Strait of Hormuz has forced Treasury Sec. Bessent to consider lifting sanctions on Iranian oil already at sea. US SANCTIONS ON IRANIAN OIL BACKFIRE. https://t.co/K8vL4AFi49
Why Gas in California Is Almost $6 a Gallon — and Could Go Higher #energysky -- via Heatmap News https://t.co/FSdLxLCuoq https://t.co/1f1zy4SkpO
Want to understand why the attacks on Qatari energy infrastructure matter so much and what the long-term implications are? @ColumbiaUEnergy has you covered with the newest episode of our Iran Conflict Brief special podcast series. https://t.co/bsOnixk4hj
Had the opportunity to speak alongside @ExnerPirot and Bob Yawger of Mizuho about the Iran War, the largest energy supply shock in history, and what it all means for Canada on @therundowntvo. Airs tonight on TVO at 8pm ET. https://t.co/XJgEE8PqMA
"Can Offshore Wind Win The Trump Disinformation War?" by Carolyn Fortuna (@c4tuna31) for @CleanTechnica: https://t.co/XYV8TJiu5e
Affordability is THE key word in energy today. So how do we tackle it? @cleanaircatf has some ideas. Let’s get to work.
