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:
Iranian forces launched a missile that struck Qatar’s Ras Laffan LNG complex, the world’s largest liquefied natural gas plant, causing extensive damage and prompting fears of a prolonged supply shock. The attack follows Israel’s strike on Iran’s South Pars field, escalating a tit‑for‑tat conflict that could drive global gas prices higher and strain already‑inflated food and energy costs. Tech entrepreneur Balaji Srinivasan warned that the ensuing instability may cripple tech financing, datacenter funding, and IPO pipelines for an indefinite period. Simultaneously, rapid AI advances are displacing knowledge workers, amplifying elite overproduction and heightening the risk of economic and political upheaval.
Average US gasoline prices have surged 37% since the January lows, rising to the highest since 2022. The absolute price level, $3.88, is still within the range of normal from a historical perspective. But it's rising at an rapid clip,...
Eon announced the installation of its one‑millionth smart meter, bringing its fleet to roughly 30 percent of Germany’s statutory minimum. Nationwide, only about 3.8 percent of metering points are digital, far below the EU‑27 average of 63 percent in 2024 and the 80 percent...
Green NRG GmbH sold a 4 MW photovoltaic and 8 MW battery energy storage co‑location project to an investor, with transaction structuring and advice provided by Pine Valley Capital. Financial terms were not disclosed. The parties will advance the asset to ready‑to‑build...
Japanese clean‑energy firm GBP K.K. has introduced customizable perimeter fencing for grid‑scale solar farms and battery energy storage systems. The fences use modular high‑carbon steel mesh with optional barbed or blade wire, mounted on galvanized, polyester‑coated steel posts to withstand...
The Great Lakes possess enough offshore wind capacity to generate over three times the region’s combined annual electricity consumption, yet no turbines are operating there. While states control lakebeds, projects are hampered by fragmented permitting, high costs, and a lack...
Researchers at City University of Hong Kong have created a thermochromic bifacial photovoltaic (TC‑BiPV) glazing system that combines a hydrogel‑based thermochromic layer with bifacial solar cells. The hydrogel switches from transparent to translucent as temperature rises, reflecting light toward the...
Oil prices jumped to roughly $115 a barrel after fresh attacks on Middle Eastern energy infrastructure, while European natural‑gas futures surged more than 20% following reports of extensive damage at Qatar’s Ras Laffan LNG plant. The price spikes triggered broad equity...
Reserves shouldn’t be for cushioning prices at this point… you may never know with the madmen bombing everything in the Middle East, there may be no fuel coming in at all… the reserves are for such times…. If it was...
Petrobras has confirmed a gas discovery at the Copoazu‑1 exploratory well in the offshore GUA‑OFF‑0 Block, located about 36 km from the Colombian coast in 964 m of water. The well, drilled since November 2025, revealed gas‑bearing intervals in both primary and secondary...
Offshore Energies UK (OEUK) is urging the UK government to scrap the Energy Profits Levy – a windfall tax introduced after Russia’s invasion of Ukraine – and replace it with a permanent price‑triggered mechanism immediately. The lobby argues that doing...
North Sea Dated jumps above $112/bl as Europe absorbs delayed supply shocks from the Mideast war. https://www.metalnomist.com/2026/03/north-sea-dated-benchmark-hits-highest.html
The latest US weekly oil report shows crude inventories rising by 3.2 million barrels, while exports climbed to 4.1 million barrels per day. Imports slipped 0.5 million barrels, marking the lowest level since 2022. Refinery utilization surged to 92%, approaching...
Infini Resources has secured Rodren Drilling and Archer Cathro & Associates to launch its first diamond‑drilling campaign at the Reynolds Lake and Reitenbach Lake uranium projects in Saskatchewan’s Athabasca Basin. The program targets a minimum 2,500‑metre drill run to test...
The Australian government has appointed former Australian Energy Regulator chief Anthea Harris as the nation’s “fuel tsar,” leading a new fuel supply taskforce within the Department of the Prime Minister and Cabinet. The taskforce will coordinate fuel security and supply‑chain...
Sri Lanka will declare Wednesdays a public holiday for all public‑sector institutions, creating a two‑days‑on, one‑day‑off work cycle. The measure, announced by President Anura Kumara Dissanayake, targets at least a 25% cut in government fuel consumption amid regional energy supply...
Cosco tankers positioned to exit Middle East Gulf as speculation mounts over Hormuz crossing ▶️Cosco and China Merchants shares rallied on unverified reports that Chinese shipowners have been told to prepare for Hormuz transit ▶️Seven Cosco tankers are gathered in central Middle...
Concerns mount over rate hangover after wartime tanker boom ends ▶️Global seaborne crude liftings volume plunged last week; alternatives to MEG are replacing only half of lost VLCC tonne-mile demand, according to Vortexa ⏩️Oil at ses is down ⏩️Nobody will keep oil at...
Devon Energy (DVN) received bullish upgrades from Raymond James, raising its price target to $62, and TD Cowen to $50, reflecting optimism amid soaring oil prices. The company posted Q4 revenue of $4.12 billion, beating forecasts, and delivered a 9% free‑cash‑flow beat while...
European gas buyers need to panic ... now. Brutal for the more price elastic EM buyers here.
European natural gas prices keep on rising and have now more than doubled )+134%) in just four weeks from €29/MWh on 17 February to €67/MWh today. Geopolitical tensions and wars always drive up gas prices. Not a bug in the system....
Prime Minister Narendra Modi praised India's power sector transformation, citing a record 52.53 GW of new capacity added in FY2025‑26 and a drop in national electricity shortages to 0.03%. The announcement underscores India's push to become a manufacturing hub and clean‑energy...
March 19 (Reuters) - Oil giant Saudi Aramco's SAMREF refinery in the Red Sea port of Yanbu was targeted in an aerial attack on Thursday, an industry source said, adding there was minimal impact
MUST READ: Coal remains king — even in 2026. "... Across Asia, a sharp drop in liquefied natural gas supplies is pushing major importers back toward coal, undermining LNG’s long-held role as a stable energy anchor..." https://t.co/MZqvZYa8RD
Zimbabwe’s cabinet approved a comprehensive energy governance framework that formalises captive power generation for mines through the Own‑Consumption Licensing Regulations 2026. The rules give legal certainty, set quality standards for solar installations, and require large consumers to monitor and report...
UNITED STATES signals de-escalation after strikes on gas sites in Iran and Qatar threaten to send war into new and more damaging phase: https://t.co/M624CwIJgU
European gas prices surge 30% after Qatar said the world’s largest LNG export plant was damaged in an Iranian attack (Still TTF futures are far from the record highs of 2022) https://t.co/FC5b6KjHpJ
Xanadu Quantum Technologies, together with the University of Toronto and the National Research Council of Canada, unveiled a fault‑tolerant quantum algorithm that simulates resonant inelastic X‑ray scattering (RIXS) for lithium‑rich cathode materials. The pre‑print demonstrates that the method can model...
The process for Energy East had to be suspended when a TC consultant violated conflict of interest rules. It was then delayed again because TC changed the design. TC then cancelled the project to pursue KXL. Who do we blame?...
The Canadian approval for Keystone XL was completed in a little more than a year, 15 years ago. It has been rejected, rejected, approved, rejected, and approved again in the US since that time. It remains unbuilt. It's proponent, TC...
Israel launched an airstrike on Iran’s South Pars gasfield, a hub that generates roughly 20% of the nation’s electricity. Tehran retaliated by threatening attacks on oil and gas infrastructure throughout the Gulf region. The exchange is part of a broader...
AER now explicitly validating what our @FSS_Au work's been demonstrating for several years: more wind and more batteries pushing wholesale prices down and opening the door to actual bill cuts, even with fossil‑fuel risks still in the system https://t.co/h1G2Wmrare
Keystone XL was approved on the Canadian side. The US rejected it multiple times. TC cancelled Energy East to double down on the US.
Asia's Russian fuel imports poised to hit all-time high due to Middle East disruption https://t.co/VUFUxd0Npq
There's no way that shortly after tweeting this, the admin would destroy international confidence in the reliability of the U.S. as an energy exporter by restricting oil exports? Right?
It isn't just about higher crude anymore , as various petroleum based products are soaring. We discussed this on the latest Facts vs Feelings, complete with St Patrick's Day gear and some I'm Shipping Up To Boston 🎶 🎵 https://t.co/zEoEFfsk2d
Iran inflicts ‘extensive damage’ on site of world’s largest LNG facility in Qatar https://t.co/UY9zOAW5bK via @ft
The Economist: China cannot escape the energy shock—Despite renewables and reserves, it will suffer https://t.co/hzNezKxOUo
Trump threatens to “massively blow up” the South Pars gas field if Iran targets Qatar’s LNG plant again https://t.co/PMXMDF4Glg
This won't lower gasoline prices. The issue is overall global supply and not acute domestic shortages caused by transportation shortfalls.
Lots of chatter in the oil market about whether a Saudi refinery in the Red Sea was attacked or not. One thing, however, appears clear: crude loadings at Yanbu and Al Muajjiz continue as normal, with 4 tankers getting their...
Qatar is dealing with a fire at Ras Laffan - home to world’s biggest LNG export plant 🇶🇦 🚨 This is due to a second attack by Iran in the last 12 hours
Brent crude is trading around 110 while WTI (US-benchmark) is under 100 per barrel. The current Brent-WTI spread is hovering around $12, the widest it has been since April 2020 https://t.co/Ll4QYHc69V
We have entered a new phase of the war. It is now energy infrastructure damage and destruction, not just precautionary shutdowns. The aftershocks are going to be felt for months, possibly years.
New paper: Repowering existing U.S. wind farms with newer turbines could double current output so that the U.S. could meet up to 21% (instead of 10.5% currently) of electricity demand from wind. Paper: https://t.co/WSQ69VU0c5 Article https://t.co/aApXUcPvjp
ConocoPhillips and Exxon were among oil companies that snapped up drilling leases in northern Alaska’s mammoth petroleum reserve in a record auction that drew $163 million in high bids https://t.co/NUsLfZlynk
Iran has successfully broken through Qatari air defenses for the second day in a row, this time striking the globally significant Ras Laffan energy complex. The strikes come after Iran’s own natural gas processing plants along the shared North Dome/South Pars...
This is a remarkable chart. Oil surges like the one we’ve seen recently have consistently preceded recessions. Chart by @thierryborgeat https://t.co/GpMNhNl06Y
70% (53 of 76) of all days and 26 straight in 2026 on the California ISO have experienced >100% WWS for part of the day, averaging 3.2 h/day among all 76 days. Gas down 61% in '26 v '23 Batteries up 329%,...
Qatars industrial complex housing the world’s largest LNG export plant suffered “extensive damage” after an Iranian missile strike 🇶🇦 ⚠️ The plant provides 20% of global LNG supply, and was shut earlier this month. But a delayed restart (due to...
