Know What's Happening in Energy
Know What's Happening in Energy
JPMorgan flags $1 trillion U.S. power‑grid upgrade spend amid aging infrastructure
The bank warns that the U.S. grid, averaging nearly 60 years old, faces a national‑security risk and projects roughly $1 trillion in upgrades between 2026 and 2035, part of a $5.8 trillion global spend. Rising AI‑driven data‑center demand could add 100 GW of peak load by 2030, intensifying the upgrade need.
Also developing:
By the numbers: Oil majors secure $164M Alaska lease package
Ethiopia announced a special fuel subsidy to blunt the impact of soaring global oil prices after the Strait of Hormuz closure. The government lifted diesel subsidies to 98 birr per litre and petrol subsidies to 73.56 birr, keeping domestic prices below $1 per litre. Finance Minister Ahmed Shide said the measures will stabilize supplies for households and businesses while the country ramps up emergency fuel purchases. The move comes as Ethiopia’s economy continues to grow rapidly despite tight foreign‑exchange reserves.
Nigeria’s remote tech workers are forced to spend up to ₦390,000 a month on petrol to run generators amid chronic power outages. Fuel costs have jumped 35% in weeks, with daily generator expenses reaching ₦10‑13k, while 84% of urban households...
Former President Donald Trump announced a temporary suspension of U.S. sanctions on Russian oil, aiming to flood the market with cheaper crude and curb the surge that pushed Brent toward $100 a barrel. The move follows recent U.S. military actions...
The Energy Insiders podcast examines Germany’s roadmap to achieve 100 % clean electricity, a goal set for the mid‑2030s. Host David Hochschild outlines the nation’s aggressive renewable‑capacity expansion, accelerated coal phase‑out, and massive grid‑modernisation investments. He also discusses how federal and...
On 1 February 2026 the UK Department for Energy Security and Net Zero released the Advanced Nuclear Framework, introducing a two‑part system: the Advanced Nuclear Pipeline and a suite of policy enablers for private SMR, AMR and MMR projects. The Pipeline provides...
The National Electricity Objective (NEO) calls for efficient investment, operation and use of electricity to meet price, reliability and emissions targets, yet policymakers have narrowed “efficiency” to short‑term financial metrics. The article argues that the Australian electricity market, rooted in...
Petronas has confirmed a gas condensate discovery at the Barokah‑1 wildcat in the North Ketapang block offshore East Java, Indonesia. The well tested at depths of around 2,730‑2,770 metres and is projected to produce roughly 12 million cubic feet of gas and...
The Australian Energy Market Operator (AEMO) is lobbying to keep its system‑operation and market‑operation functions combined as a comprehensive governance review looms. AEMO’s chair and CEO argue that a unified structure ensures security, reliability, and a whole‑of‑system perspective essential for...
Chinese solar maker Aiko has secured Clean Energy Council approval for its new ABC 60‑cell rooftop panel, delivering up to 545 W – roughly 24% more power than the average Australian module. The higher‑output panel lets homeowners pack more capacity onto...
In this episode of New World Next Week, James Corbett and James Evan Palato dissect the escalating oil crisis triggered by the U.S.-Iran conflict, highlighting how the Strait of Hormuz closure has forced Asian nations like Pakistan, Bangladesh, and others...
Oil prices rebounded to roughly $100 a barrel, dragging U.S. equities and bonds lower as the conflict between Israel, the U.S., and Iran intensifies. The S&P 500 has slipped 4.4% from its January 27 peak and the Nasdaq 6.4% from...
GoodWe hosted a webinar on March 13, 2026 to unveil its ESA All‑in‑One residential energy storage system, available in single‑phase and three‑phase formats. The session also dissected recent revisions to the Federal Government’s Cheaper Home Batteries Program, highlighting new sizing...
The war in Iran will lower energy prices By Peter Navarro "Roughly a quarter of the world’s seaborne oil trade transits the Persian Gulf, much of it through the narrow Strait of Hormuz. When markets price crude oil, they must account for...
AI energy management system to unlock VPP potential #energysky -- via pv magazine global: https://t.co/nZyuczQc8J
Alabama lawmakers are pushing sweeping utility reforms as residential electricity bills rank among the nation’s highest. The Senate’s SB 360 would enlarge the Public Service Commission to seven members, create a governor‑appointed Secretary of Energy, and freeze rate increases through 2029....
Bowen allows dirty fuel into market to address petrol bowser shortfalls and amid fears of record high prices #energysky -- via Renew Economy: https://t.co/J2zwGH51dx https://t.co/TgIf2O3pCR
Energy Expert Anas Alhajji Reveals Truth Of Hormuz Closure, Says 'India ... https://t.co/dGuOAIsElS via @YouTube
Feederdock, a split‑vessel offshore wind installation system developed by ONP Management and Renewable Resources International, is set to enter the Australian market with Energy Estate as exclusive advisor. The concept pairs a heavy‑lift jack‑up vessel with shallow‑draught feeder ships, delivering...
European Commission proposes Made in EU requirements for solar inverters, cells #energysky -- via pv magazine global: https://t.co/CAGyCQpocQ
US issues 30-day waiver -- to all countries -- to buy Russian oil that was already on tankers as of March 12. https://t.co/Qrk6IGKEwh
Australian climate‑tech startup MGA Thermal announced a $17 million financing round, bringing its total capital raised to $50 million. The round was led by IP Group Australia, with board seat for Shane Meaney, and included a mix of venture firms and government...
Methane-leaking, koala-threatening coal mine gets all-clear in state where renewables projects are in limbo #energysky -- via Renew Economy: https://t.co/W2m9PXwwuO https://t.co/idcip5eygl
Energy Inflation for Americans. Dropping gasoline prices since mid-2022 papered over big price increases in electricity and natural gas. But that’s now over https://t.co/KjuZv4jN7V https://t.co/8HsWsulfsD
U.S. Treasury Secretary Scott Bessent announced a short‑term general licence that lets countries buy Russian crude already stranded at sea, aiming to ease the price surge triggered by the U.S.-Israel‑Iran conflict. The licence covers oil loaded onto vessels by March 12...
Midstream MLPs are the toll roads of energy — they get paid regardless of commodity prices. Now with rates falling, yield spreads are widening and borrowing costs are dropping. Double tailwind. @InfraCap @JDHatfield_ICAP break it down 👇 https://t.co/VsVjJ2Qwhm
Heliup raises €16 million to scale lightweight solar panel production #energysky -- via pv magazine global: https://t.co/27lwjReKMC
Stabilis Solutions reported a 23% drop in Q4 2025 revenue and a sharp decline in adjusted EBITDA to $1.5 million, driven by the wind‑down of two multiyear marine bunkering and power‑generation contracts. Despite the downturn, the company secured a $200 million, two‑year...
Iran Is Winning, Which Is Dangerous 💫Odd Man Out 💫Confirmed Bear 💫Higher Oil, Higher Dollar 💫Higher Oil, Higher Yields 💫Higher Oil, Higher USDJPY 💫Higher Oil, Higher Inflation Expectations 💫Higher Oil, Lower AI Investment 💫Higher Oil, Lower Markets https://t.co/WEe7RNmgRh
Why does an energy superpower like Australia still depend on global fossil fuels? #energysky -- via Renew Economy: https://t.co/0HGmHA1yBm https://t.co/XtOt5TzvF3
The MoneySavingExpert dossier highlights a deepening home heating oil and LPG crisis in the UK, with wholesale oil prices climbing roughly 30% year‑on‑year and widespread LPG shortages impacting over 200,000 households. The report aggregates thousands of consumer complaints, showing a...
Russia's state‑linked power firms are hitting financing snags across Central Asia, prompting a rapid loss of lucrative contracts. Kazakhstan abandoned a Russian consortium for China’s Harbin Electric, slashing project costs by nearly $500 million. In 2025, Inter RAO forfeited three Kazakh power‑plant...
There is probably no single individual asset as widely-consequential to global markets than oil. The financial system’s simply not built to adjust smoothly to extreme swings in oil, let alone in the face of third-biggest quarterly jump in 40 years. Global...
A Reddit user compared today’s gasoline prices to the 1973 and 1979 oil crises, noting that inflation‑adjusted prices then averaged about $4.85 per gallon. In contrast, Ohio’s current pump price is roughly $3.25, roughly 50 % lower than the 1970s peak....
Emerson will unveil its latest fuel‑gas and fuel‑oil safety shut‑off valve solutions at the 2026 ABMA Boiler Expo, emphasizing greater design flexibility, installation freedom, and lower total cost of ownership. The new configurations combine pressure regulation, high‑flow capability, and alternative‑fuel...
This was a lot of fun. Check out my poolside chat with @stephenweitzel from yesterday We talk about the action in crude oil and energy, the intermarket implications of a big level for the US dollar index, and how to play...
NEW: US Treasury issued a general license for the delivery and sale of Russian oil loaded on vessels as of March 12. Moscow continues to be the single largest beneficiary of the Iran War. https://t.co/oVlT1gzuuN
Rex International posted an average February 2026 production of 10,300.1 barrels of oil equivalent per day (boed) from its Norway, Oman and Germany assets. The Brage field in offshore Norway, where Lime Petroleum holds a 33.84% stake, generated roughly 9,510...
Russia is earning as much as $150 million a day in extra budget revenues from its oil sales after the effective closure of the Strait of Hormuz. https://t.co/cfFgUkBWrB
Nick is a nuclear expert who wrestles with that most important yet underemphasized issue of nuclear in the US: Continually rising construction costs.
Forum Energy Technologies (FET) unveiled a remote control station that lets operators run ROVs from virtually any location using its ICE® Unity platform. The solution bundles advanced control chairs, a Remote‑Connect gateway and VisualSoft streaming software, and can be added...
Lots of people asking me my opinion on the Hormuz situation. The truth is I don’t really know what to think. But my inclination is to direct everyone to this link: https://t.co/YQsMAPHfJr
Oceânica Engenharia secured long‑term offshore service contracts with Petrobras valued at about $736 million (R$4.2 billion). The deals cover the SDSV vessels Oceanicasub IV, V, VII, IX and add Oceanicasub VI while renewing Oceanicasub VIII, providing subsea inspection, maintenance and ROV capabilities. Contracts run four...
Equinor is set to commence drilling on the Rosebank field in the Faroe‑Shetland Channel, marking a major milestone for one of the UK Continental Shelf's largest undeveloped projects. The first phase will involve four production wells and three water‑injection wells,...
TotalEnergies has resumed production at Libya’s Mabruk oil field, an onshore asset that has been idle since 2015. The restart follows the commissioning of a new 25,000‑barrel‑per‑day processing facility that came online on Feb. 28, 2026. TotalEnergies holds a 37.5% interest...
Assala Energy announced a hydrocarbon discovery at the offshore Magoga‑A well in Gabon's Mutamba Iroru Licence II, with an estimated 8 metres of hydrocarbon‑bearing pay in the Gamba Sandstone formation. The well also sidetracked into the adjacent Atora licence, confirming hydrocarbons within...
Virtual Power Plants can help data centers get connected faster while giving consumers a 20% discount on their electricity bill. VPPs are anchored by batteries, EV charging, and smart water heaters. Fastest way to meet load growth. @EnergyEmpirePod https://t.co/Duchh2r3Fr
This is curious. It's a big field, but remote and involves flying a dogleg over Saudi or a long way over the UAE. Would have thought Ghawar, Khurais or Abqaiq would be easier targets.
"You've always got the option of putting that barrel of oil on a tanker and sending it abroad." Which is why energy independence ≠ price independence. https://t.co/BmuaLeZWk6
Have you considered a policy that would implement a national oil company and price controls? Perhaps some form of export taxation to fund these activities?
Gas prices in the US are up over 20% in the past two weeks (from $2.98/gallon to $3.59/gallon). That's the biggest two-week spike that we've seen in the past 30 years. https://t.co/satpQMppWO
