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
President Trump’s push to revive Alaska’s fossil‑fuel sector hit a setback when the first offshore lease auction in Cook Inlet received no bids. The administration’s 2025 executive order to open the Arctic National Wildlife Refuge and expand LNG projects has faced industry apathy despite a scheduled series of six auctions through 2032. Officials cited high extraction costs, lingering regulatory uncertainty, and shifting market demand as reasons for the lack of interest. A second auction is slated for March 2027, keeping the policy on the agenda.
Trump's attack on Kharg was an act of desperation He needed a quick "win" to offset the perception that he's lost control of the war Opening Hormuz could take months or longer Oil & financial markets won't wait The War IS out of his...
The ongoing U.S.-Israel conflict with Iran is beginning to ripple through the global energy market, prompting concerns about oil shortages and higher prices. A panel on Washington Week with The Atlantic highlighted rising gasoline costs and the lack of a...
U.S. gasoline prices have surged nearly 30% year‑to‑date, reaching $3.64 per gallon as the Persian Gulf conflict tightens oil supplies. Brent crude climbed to $103 a barrel and WTI to $98.7, up roughly 70% since the start of 2026, driven...
![Daimler CEO Just Dropped some Pretty WILD Pro-Hydrogen Claims [Update]](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2025/09/hydrogen_semi.jpg?resize=1200%2C628&quality=82&strip=all&ssl=1)
Daimler Truck CEO Karin Rådström used LinkedIn to champion hydrogen, claiming it can complement electric trucks and that building a hydrogen refueling network would be cheaper than expanding the electric grid. The company’s fuel‑cell fleet has logged roughly 200,000 miles,...
Thailand’s energy ministry and state‑oil giant PTT met with Cheniere Energy to boost LNG imports from the United States. The parties aim to raise annual deliveries from 1 million to 1.3 million tonnes under a long‑term contract lasting until 2041. They also...
Karnataka Home Minister G Parameshwara has directed police to crack down on LPG cylinder hoarding and black‑marketing as commercial gas supplies tighten amid the West Asia conflict. While domestic LPG availability remains stable, hotels and other commercial users may face short‑term...
India's Ministry of Petroleum and Natural Gas suspended a Tamil Nadu petrol pump after it was found dispensing fuel into loose containers, a practice deemed unsafe. The ministry warned retailers to adhere strictly to safety guidelines while assuring the public that...
The US struck Iran's Kharg Island last night — the hub for 90% of Iran's oil exports. Oil jumped $5 a barrel. The S&P 500 flipped negative. Gold fell. And Bitcoin? It dropped 3.5% from its session high and held...
Fire at UAE's major Fujairah oil hub, as Iran vows retaliation for US attack on Kharg Island https://t.co/5FZnHQsJ4j
Nissan is deploying a fast‑charging solution at Spain’s Port of Vigo using twelve second‑life 30 kWh battery packs harvested from first‑generation Leaf vehicles. The repurposed packs form a stationary energy storage system that supplies four charging points, capable of both 22 kW...
The only record oil has not yet broken is the #1990Gulf 200 DMA extension playbook https://t.co/DJgyk7HJqv
Via the FT. India had seized the Iranian tankers in alignment with the US’ campaign to crack down on flows of sanctioned Iranian oil. https://t.co/SDTJmAkK6R
Union Minister Gajendra Singh Shekhawat said India faces no petroleum crisis despite the West Asia conflict, emphasizing that the country has broadened its crude‑oil import base from 27 to 40 supplier nations. He highlighted a 30 percent rise in LPG production, ensuring uninterrupted...
Paying in Yuan for Hormuz passage doesn't work, writes @biancoresearch Oil markets run on liquidity and deep capital markets. China’s financial system can’t absorb global oil flows, There’s no way to verify settlement currency at sea. #OilMarkets #Hormuz #DollarSystem #Geopolitics
Thank you @JMathieuReports and @tylerskendall for having me on @business Balance of Power yesterday, just before Secretary Burgum, to talk about oil, Iran, SPR, pump prices, and the federal government intervening in oil futures markets. @RapidanEnergy https://t.co/0RqDeHN4qa
U.S. Interior Secretary Doug Burgess announced that the United States can provide a reliable, affordable and secure energy supply to the Asia‑Pacific amid the Middle East war that has disrupted oil flow through the Strait of Hormuz. The Trump administration’s...
No credible confirmation that Fujairah’s oil terminal was attacked @DarioCpx If it were real, markets, satellite imagery, and shipping data would show it immediately. #OilMarkets #Hormuz #EnergySecurity #Geopolitics
So let’s see if I got this right: The White House had anticipated (and prepared) for Iran to close the Strait of Hormuz. And part of that response is for the President to ask via social media geopolitical foes like...
Ghaziabad district has issued an order mandating rooftop solar panels and rainwater harvesting systems in all new residential building plans. The requirement ties sustainability measures to plan approvals, echoing a similar policy in Auraiya and signaling potential rollout across Uttar...
The response after Kharg Island? Some oil loading operations in the UAE port of Fujairah, just outside the Strait of Hormuz, have been suspended after a drone attack and fire on Saturday morning. https://t.co/rhA5ofo80y https://t.co/SkhA67PyzU
One of the things I learned after Russia invaded Ukraine is that many commodity analysts are in bed with oil producers and ship owners. They forecast terrible oil price spikes and financial Armageddon to keep the West from being tough....
Industrial bodies in Chhatrapati Sambhajinagar have formally requested a ₹5 per unit reduction in electricity tariffs, citing soaring production costs linked to the West Asia crisis. The demand list, presented to Maharashtra Industries Minister Uday Samant, also includes a loan‑repayment...
How Meta Made Alabama So Mad It’s Threatening to Ban Solar #energysky -- via Heatmap News https://t.co/oIwyZX7bZE https://t.co/9yN0C2ZnNA
From this week's @TheEconomist: "Whatever happens, the world is entering a new era of energy insecurity" For more see me & Meghan @ForeignAffairs: "Green Upheaval" (2021) "The New Energy Order" (2022) "The Age of Energy Insecurity" (2023) "The Return of the Energy Weapon" (2025)
Oil prices have surged above $100 a barrel, but California producers are unlikely to accelerate drilling. The state’s aging, heavy‑crude fields require higher capital and energy than lighter shale plays elsewhere, making new wells uneconomical without sustained price strength. Analysts...
Help me out here, economists. Why is it okay to burn Norwegian gas but not British gas? It's a bit like saying it's okay to be a drug addict as long as you don't grow your own.
Did the Greek tanker owner pay in Chines yuan? What will Iran’s payment demand mean to the petrodollar? And the quantity of ships stuck in the Strait?
Oil prices have spiked as conflict in the Persian Gulf blocks the Strait of Hormuz, the sole maritime corridor for Pakistan’s crude imports. Over 85% of Pakistan’s oil comes from Saudi Arabia and the UAE, making the country highly vulnerable...
Brent & WTI crude oil leading YTD, Energy strong, gold hanging in there Financials & bitcoin weakest https://t.co/B5BLF2EwNT
Iran telling civilians to get out of UAE ports. After the attack on Kharg. What will it mean to maritime, the Strait, and oil?
Oil prices have surged sharply this month, driven by geopolitical friction and OPEC+ output curbs, but analysts argue the rally is transitory. Global inventories remain ample and demand growth is modest, limiting upward pressure. Historical data shows oil’s price cycle...
Spent most of my career talking down the endless stream of unjustified oil market alarm. Now I’m acutely alarmed to the point of disbelief, the oil market is still shockingly sanguine, and I feel like this guy. https://t.co/5r44qi5Dxz
Trump Warns Iran’s Oil Lifeline at Risk After Major U.S. Strike on Kharg Island https://t.co/Z3xrAY5dPF
America’s reliance on petroleum is at a historic low as energy efficiency gains and renewable adoption reshape consumption patterns. The average new light‑duty vehicle now achieves 28 miles per gallon, more than double the 13 mpg recorded in 1975, while gasoline...
In our second ever The Glass Half Full, @sonusvarghese and I discuss the latest in Iran. At this point, it is all about 🛢️. https://t.co/OCFY56KH0d
‘The largest supply disruption in the history of the global oil market’: IEA’s take on the Hormuz crisis https://t.co/H9zKo9tCi4
The United Arab Emirates suspended oil‑loading operations at Fujairah, its primary oil‑trading hub, after a drone strike ignited a fire on Saturday. The blaze was quickly extinguished, opening the possibility for loading to resume. At the time of the attack,...
German environment minister urges a boost in renewables to aid energy security https://t.co/WYDxuC0GLW via @IsoldeMacdonogh https://t.co/5zqqXbdRMt
Brent above $100. WTI near $99. Strait of Hormuz shut. 20% of global oil at risk. IEA released 400M barrels from reserves — the largest ever. And it barely moved the needle. $WTI $USO https://t.co/Ue451KrbMz
Thai refiners have secured a rare cargo of North Sea Forties crude, purchasing roughly 700,000 barrels from Trafigura for a late‑March shipment. This marks the first Thai acquisition of North Sea oil since Bloomberg began tracking in 2019, highlighting a...
Saying "two hours to charge" on a road trip shows instantly you don't know diddly about today's EVs. My EV: ✅ can be driven 300+ plus miles ✅doesn't take 2 hrs to charge (more like 10-15 min to get enough charge to drive...
Iranian tankers back to loading at Kharg this morning despite yesterday’s US strikes on the island, which currently stages the vast majority of Iranian exports.
Saudi Aramco is loading simultaneously 5 crude oil tankers in Yanbu and Al Mujjaiz terminals on the Red Sea coast. I don’t think that’s happened ever before.
It's absurd that Western tanker traffic through the Strait of Hormuz is shut down, while Iran's tankers continue to run through the Strait unhindered. Iran is a gas station masquerading as an Islamic Republic. Kharg is about shutting down the...
One-off or sign of easing? Two tankers transporting LPG (think the butane canisters) have crossed the Strait of Hormuz in the last few hours on the way to India. The crossing happened after gov-to-gov talks between Tehran and New Delhi....
Why oil shocks still hit everything we buy. “We should be very concerned, the longer the conflict lasts, the more prices will rise and ripple through the economy.” From petrol to plastics, another fossil fuel crisis shows how exposed economies remain...
Crude has been a rough player in the past too, in India. Our average crude basket, yearly, looks like this : https://t.co/vC7nJ09nnd
Washington Post: Years spent preparing for a global energy crisis have left the country and its economy better positioned than most to endure a long-term hike in the cost of oil and gas. https://t.co/Z93avoq3HM
Who said anything about replacing 90% of Kharg exports @DynamicMoats ? Stick to the subject
