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
Solaredge launched its Nexis integrated solar‑plus‑storage system for the German residential market. The modular solution pairs a three‑phase inverter up to 20 kW with scalable LFP battery blocks ranging from 4.9 kWh to 78.4 kWh per inverter, and includes built‑in backup. The “Lego‑like” design eliminates wiring, speeds installation and lets homeowners expand storage gradually. Following the announcement, Solaredge shares surged nearly 20% before a modest intraday dip.
Energy prices have surged dramatically as oil climbs above $115 per barrel and LNG spikes across Europe and Asia. Physical attacks on Qatar’s LNG facilities, Iran’s South Pars field, and infrastructure in Kuwait, Oman, and the UAE have taken roughly...
For those of you trying to figure out what's going on with the Brent-WTI spread. Let me point out an old gem that helps explain it. - Different delivery date windows - Different contract expiration dates - When things are volatile, individual...
Eastern Pacific Shipping and bound4blue have finished their second eSails installation, fitting three 22‑metre wind‑propulsion sails on the new‑build MR tanker Pacific Sunstone in China. The first project, a retrofit on Pacific Sentinel, showed an 8% net power reduction and...
Terabase Energy announced the commercial launch of its automated solar construction platform, Terafab V2, following successful deployments on five pilot projects. The system combines AI, advanced robotics, and a Manufacturing Execution System to pre‑assemble modules on torque tubes, achieving two‑minute...
Energean, ExxonMobil and Helleniq Energy have notified Greece’s hydrocarbons agency that they will move to the second phase of exploration in Block 2 of the Ionian Sea, marking the first offshore test drilling in the country in four decades. The joint...
Exxon Mobil’s Guyana consortium is close to completing the Errea Wittu FPSO, a floating production, storage and offloading vessel that will add up to 250,000 barrels per day from the Uaru field. The new unit follows the Yellowtail project, which now...
The U.S. Energy Information Administration’s March Short‑Term Energy Outlook raised its 2027 crude oil production forecast by about 0.5 million barrels per day, citing higher West Texas Intermediate prices. The agency now expects average output of 13.61 million bpd in 2026 and...
Fascinating to see where Brent and TTF are trading right now after the last 24 hours of attacks and counter attacks. Brent is up a mere 3%, and TTF is lower than at the peak on Tuesday March 3rd. The...
For the energy-secure US, damaged infrastructure due to the War means higher prices. In some other countries, however, the challenge is twofold: higher costs and worries about genuine supply shortfalls in the months ahead. It’s encouraging a growing number of them to...
The European Commission has unveiled an emergency toolbox of subsidies, tax cuts, price caps, and relaxed aid rules to help member states, including Greece, cope with soaring energy costs. The package aims to shield households and businesses while easing the...
Winter storms in January exposed how rapidly expanding data centers are straining the U.S. electric grid, especially in the PJM region where peak demand jumped 4,400 MW. The Union of Concerned Scientists warns that uncontrolled data‑center growth, combined with aging transmission...
Saipem’s FlatFish underwater drone has successfully completed Functional Acceptance Tests for Petrobras, confirming its autonomous inspection capabilities. The tests, conducted in Saipem’s Trieste facility, demonstrated pipeline, structural, cathodic protection, and wall‑thickness assessments without human control. Petrobras has now approved the...
Nordex Group announced two new orders from German developer Prowind, delivering eight N175/6.X turbines totaling 54.4 MW. The contracts include a 20‑year full‑service agreement and specify 179‑meter hybrid towers for sites in Lower Saxony and North Rhine‑Westphalia. Construction is slated for...
Renon Power USA announced a partnership with Ginlong Solis to bundle its Xcellent Plus and ECube batteries with Solis hybrid inverters. The Xcellent Plus will pair with 9.6‑ to 16‑kW residential inverters, while the ECube will match 30‑ to 60‑kW commercial units....
Fervo Energy has closed a $421 million non‑recourse debt package to fund the first phase of its Cape Station enhanced geothermal project in Utah. The financing includes a $309 million term loan, a $61 million tax‑credit bridge, and a $51 million letter of credit,...
The U.S. Energy Information Administration reported that natural‑gas consumption by the electric‑power sector fell 3% in 2025, marking the first decline amid a record‑high overall gas usage year. Rapid additions of solar capacity and utility‑scale batteries displaced gas‑fired generation, especially...
Efficiency is considered a competitive advantage in all industries and is heavily invested in by the Oil and Gas Industry - especially in the refining and downstream sectors. Refinery engineers model and seek out incremental improvements constantly - there is...
The US‑Israel war with Iran is disrupting Middle‑East oil and LNG shipments, exposing Taiwan’s heavy reliance on imported energy. Taiwan imports 95% of its energy, over 99% of oil and gas, and holds about 150 days of oil reserves but...
Constellation Energy agreed to sell five PJM gas‑fired plants totaling 4.4 GW to LS Power for about $5 billion, the largest divestiture required to clear antitrust concerns from its $26.6 billion acquisition of Calpine. The assets—Bethlehem, Hay Road, York 1, York 2 and Edge Moor—are priced at...
In this episode, host Chris interviews Joe Saint-Julian, President of Nuclear at Atkins Realis, to explore the current state and future prospects of Canada’s CANDU nuclear technology. Joe outlines Atkins Realis’s role as the OEM for CANDU, its recent contracts...
US Vice President Vance plus other senior officials are meeting with the American oil industry today (at the API hq, rather than at the White House). It would be ironic if the US oil lobby was the one which put...
*US WILL NOT IMPLEMENT CRUDE EXPORT BAN: POLITICO ... OK, so how about refined products? I've been saying up 'till now that they're going to be tempted to restrict trade, but that I thought they'd be more likely to restrict refined products...
Mediterranean Shipping Company (MSC) has officially secured a 50% stake in Sinokor Maritime, confirming the speculation around Sinokor's aggressive VLCC acquisitions. The partnership, signed on February 2, 2026, is structured through MSC's Luxembourg entity SAS Shipping Agencies Services, with Sinokor...
Lagarde warns Europe’s governments to keep a lid on energy aid https://t.co/SFxAtMDVPq via @CraigStirling @Dan_Hornak https://t.co/ywFE1sXGjw
Iran war looms over global energy summit @CERAWeek it's "been brewing for 47 years," says historian @DanielYergin, whose own career rose alongside energy geopolitics. https://t.co/MsWAVCPXhv via @axios
Baltic Power announced the completion of installing all 76 transition pieces at its 1.2 GW offshore wind farm 23 km off Poland’s coast. The pieces, each up to 20 m tall and 350 tonnes, were fabricated in local Polish factories using domestically sourced steel....
U.S. comparative inventory rose 3.7 mmb for the week ending March 13 Crude C.I. rose 4.5 mmb, gasoline fell 3.6 mmb and distillate fell 1.7 mmb #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities #commoditiesmarket https://t.co/C0YGpBqbqu
@mrmbrown and I talk about whether fuel retailers are price gouging, or is the government the villain here? https://t.co/IeuhUHsjut
On March 19, 2026, Brent crude rose to $113.71 per barrel, up $4.93 (4.5%) from the previous day and more than $42 above its level a year ago. The price has jumped over 60% in the past month, reflecting tightening...
Why is everyone assuming CL manipulation and not just occam's razor that asian markets need oil and they cant access landlocked wti as easily and are all bidding up whatever is accessible even if at a significant premium
Trump-defending reply-guys shifting from "this is fine, Trump said this will wrap quick, stop being a panican" to "idiot, the US is the world's largest oil producer—this was obviously always the plan to flex on China and Europe" Not a great sign re:...
PVFARM announced a beta test for its upcoming RE PILOT layout tool, slated to start in late April 2026. The software expands on PVFARM’s flagship platform by automating solar site layout evaluation, factoring in pitch distance, DC/AC ratios, and structural racking....
This is hyperbolic bullshit. In 1973-1980 during the Arab oil embargo on the U.S and its allies, the price of crude oil spiked from $3.56 to $39.50. That was a 1000% increase in the price of crude oil. That is...
I do appreciate Trump waiting to send gas prices to the moon until after Hockey travel season ended
ACCURE Battery Intelligence CEO Kai‑Philipp Kairies will present at the Energy Storage Summit USA 2026 on turning state‑of‑charge (SOC) accuracy into a 5%+ revenue boost in ERCOT. The company offers a predictive analytics platform that monitors safety, health, and performance...
The Edison Electric Institute works for utility shareholders, not utility ratepayers. That's why FERC should revive its dormant proceeding about utility trade association dues and ensure that utility shareholders pay for EEI, not the public.
$RIG Daily. Heavily-shorted oil services play still consolidating well in uptrend. Market sorting out Iran issues, but Transocean remains in play for new leg higher https://t.co/EZ3IJqVcHW
Scotland is emerging as the global hub for offshore decommissioning, leveraging five decades of UK Continental Shelf experience to build a specialist supply chain. The UK market, currently worth £2 bn annually, is projected to swell to £44 bn in remaining work,...
Three “oil prices” isn’t just geography—it’s quality + refinery demand. Oman (sour, heavier) = scarce barrels complex refineries need → blowout Brent = global seaborne benchmark → war risk premium WTI = light sweet, inland → discounted #OilMarkets #Crude #Energy #WTI #Brent #Oman
Put the war-of-wards, and it reads as if the Iranians are on board on a tacit understanding that, for now, there won't be more attacks on energy infraestructure. We shall see if this hold. I would imagine it would do...
Fastmarkets warns EU ETS free allocation phase‑out will hit about 40% of European pulp mills from 2026. The loss of roughly €4.5 billion in surplus allowances and rising compliance costs pressure already tight margins. Analysts suggest carbon capture and storage (CCS)...
QatarEnergy CEO says the Iranian attack overnight damaged ~17% of its LNG production capacity, and it would take 3-5 years to repair the damage. https://t.co/LWYkomhG8G
This is not like the pre-Covid period in terms of predicting instability. Back then it was just a few weirdos who thought there was something seriously wrong. Today it’s normie oil analysts who are panicking.
Google announced that it has integrated a total of 1 GW of demand‑response capacity into its long‑term energy contracts with multiple U.S. utilities. The program lets data‑center workloads, especially machine‑learning tasks, be shifted or curtailed to help balance grid supply and...
European gas is now >6x the price of US gas. US nat gas assets becoming more valuable by the day.
Germany weighs windfall tax as Iran war drives fuel price surge https://t.co/9SNpQgvAXy via @KowalczeKamil https://t.co/YrOXXrSiVq
Turns out becoming a net exporter didn’t make us independent after all. The latest National Security Strategy may have jumped the gun on that. https://t.co/IvtXDoniM2
"Iran war could cause supply chain kinks: Taiwan and Korea, top chip producers, rely on the Middle East for nearly 70% of their crude oil imports, and 20-25% of LNG imports." - BofA on AI capex
"Correlation is not causality, but in this case it is" - says @JeffMacke about Oil Prices and Consumer stocks today LIVE on The Morning Show @StockMktTV Come join us here: https://t.co/aaQB8DQwao https://t.co/vcSCHDipc0
