Tanker with Russian Flag Transits Hormuz
A Russian‑flagged VLCC named Arhimeda transited the Strait of Hormuz, one of only four tankers flying Moscow’s colors. The supertanker, built in 2000, headed westward toward Iran’s Kharg Island before listing “for orders,” indicating no fixed next call. Its recent cargo was Venezuelan Merey crude, and it was previously sanctioned by the U.S. Treasury for alleged ties to Iran’s oil trade. The passage occurs as most Hormuz traffic has stalled amid the Israel‑Iran‑U.S. conflict.
Why Fundamental Research in Photovoltaics Remains Critical for an Established Technology
A new paper led by Professor Rebecca Saive of the University of Twente warns that fundamental research in photovoltaics is losing traction as scientists drift toward other fields. The authors cite a 15% drop in dedicated funding over the past...
How Energy Market Swings Are Reshaping Monetary Policy
Energy market turbulence is reverberating across the financial system, with crude‑oil price swings reigniting inflation worries and driving Treasury volatility to its highest level since the 2025 Liberation Day rally. The surge in Treasury convexity signals heightened directional uncertainty, forcing...
Trailblazing UK Floating Wind Project Sold for £1 After Contract Cancelled
Hexicon sold its TwinHub floating offshore wind project for £1 after the UK government cancelled its Contract for Difference. The 32 MW Celtic Sea pilot had secured the first UK floating wind CfD at £87.30/MWh ($115.69) but faced soaring inflation‑driven costs...
Commodities: Oil Supported By Ongoing Supply Risks
Oil prices rose for a second consecutive session as fresh supply‑risk concerns in the Middle East kept Brent near $96 per barrel. Attacks on Saudi and Kuwaiti infrastructure have tightened the market, preserving a geopolitical risk premium despite cease‑fire talks....
Petronas Tasks Petra Energy with Work on Malaysian Gas Project
Petronas Carigali has awarded Petra Resources Sdn. Bhd., a subsidiary of Petra Energy, four work orders for hook‑up and commissioning (HUC) services on the Bintulu Integrated Facilities (BIF) rejuvenation Phase 2. The orders, dated Dec 1 2025 and Jan 2026, total RM 298 million (about $75 million)....
In a First, Renewables Beat Natural Gas on US Grid Last Month
U.S. electricity generation in March 2026 saw renewables outpace natural gas for the first full month, according to data from Ember. Solar and wind together supplied more megawatt‑hours than gas, while emissions‑free sources accounted for just over half of total...
Baltic CO2 Terminal Plans Advance to Support Cement CCS
Lithuania’s Environmental Protection Agency has moved the Klaipėda CO₂ transshipment terminal into the environmental impact assessment (EIA) phase, a key step for the CCS Baltic Consortium’s carbon capture and storage value chain. The terminal will receive CO₂ captured at cement...
PPC Boosts Sustainable Cement Production with 20MW Solar Launch
PPC Ltd has commissioned two 10 MW solar farms at its Slurry and Dwaalboom cement plants in South Africa, delivering renewable power directly to the production lines. The behind‑the‑meter installations, built with Sturdee Energy, use bifacial panels and single‑axis trackers to...
US-Iran Ceasefire Eases Oil Prices but Gulf Economies Showing Strain – Oxford Economics
A two‑week US‑Iran cease‑fire announced on April 7 triggered a 13% drop in Brent crude, pulling prices to about $93 per barrel. Oxford Economics still expects a two‑month closure of the Strait of Hormuz followed by lingering disruptions, forecasting a 0.8%...
Burning Ships, Smoke, and the Limits of Decarbonisation
The article highlights a paradox in maritime emissions accounting: while shipowners painstakingly reconcile fractions of a tonne for EU ETS compliance, large‑scale emissions from conflict‑related ship fires and bombed fuel depots are largely ignored. Recent attacks in the Red Sea,...
Singapore Company Signs Deals with Indonesian Firms to Scale Biofuel Production
Singapore‑based Aligned Energy has signed two MOUs with Indonesian partners PT Beon Parama Energi and PT Cipta Jagat Lestari to launch large‑scale sweet sorghum plantations on former bauxite mines in Bintan. The plan targets roughly 2,000 ha of degraded land and...
FELDA Mulls B100 Biodiesel Malaysia Policy Change
FELDA chairman Datuk Seri Ahmad Shabery Cheek urged the Malaysian government to adopt B100 biodiesel, which could be priced below RM5 ($1.10) per litre, compared with diesel at RM6.72 ($1.48). The proposal is still at the policy stage, with pilot...
Guildmore Hires United Living Retrofit Chief
Guildmore has appointed the former head of retrofit at United Infrastructure, Whiterod, to lead its next phase of growth. He arrives with more than 15 years of construction and social‑housing experience, including national‑scale decarbonisation programmes. The new role will oversee a...
Middle East Producers Gear Up for Hormuz Export Restart
Middle East oil producers are urging Asian refiners to submit loading programmes for April and May as they prepare for a possible reopening of the Strait of Hormuz following a U.S.-Iran cease‑fire. Saudi Aramco has asked customers to nominate cargoes...
Middle East Producers Gear Up for Hormuz Export Restart
Middle Eastern producers are urging Asian refiners to submit crude loading programmes for April and May as they prepare for a potential reopening of the Strait of Hormuz. A two‑week U.S.-Iran ceasefire raised hopes of resuming shipments, but Tehran has...
Government Gives £380m Grant to Agratas Gigafactory
The UK government has pledged a £380 million grant (about $483 million) to Agratas for a new battery gigafactory in Somerset. The plant will produce lithium‑ion cells for Jaguar Land Rover, Agratas’s anchor customer, and is slated to employ over 2,200 workers...
MCX Crude Oil Prices Headed for Weekly Loss Amid Fragile US-Iran Ceasefire; What’s the Strategy Ahead?
MCX crude oil futures jumped over 3% on Friday, opening at ₹9,200 per barrel (≈$111) as international markets reacted to supply worries in the Strait of Hormuz. Despite the rally, Brent and WTI have each fallen 11% this week, the...
Albanese Says Additional Fuel Slated for Regional Areas
The Australian federal government announced a deal with Ampol and Viva Energy, backed by Export Finance Australia, to underwrite additional fuel purchases. The underwriting gives Canberra the authority to direct shipments to regional areas where spot‑market shortages have crippled distributors....
With New Brand Identity, Olectra Greentech Pivots to Integrated Energy and Heavy-Vehicle Logistics
Olectra Greentech, India’s leading electric‑bus maker, has launched a new brand identity to signal its shift from a pure hardware supplier to an integrated provider of electric mobility and energy services. The company aims to expand beyond municipal bus fleets...
Australia: Battery Storage Cushions AU$1 Billion Fuel Shock as Climate Council Demands May Budget Action
The Climate Council’s new report warns that Australia’s dependence on imported fossil fuels has triggered a $710 million fuel shock in March, as geopolitical tensions drive petrol prices above AU$3 per litre. It highlights that grid‑scale battery storage has already offset...
Japan Confirms Release of More Oil Reserves as Concern over Energy Crisis Grows
Japan announced it will tap roughly 20 days of oil from its strategic reserves in early May, marking the second release since the US‑Israel war on Iran began. The nation holds enough stockpiled crude for about 230 days, yet imports...
The Commodities Feed: Oil Supported by Ongoing Supply Risks
Oil prices extended gains for a second day as Saudi Arabia’s crude‑export capacity fell roughly 600,000 barrels per day after attacks on its energy infrastructure and a strike on the East‑West pipeline cut another 700,000 barrels. Brent hovered around $96...
‘75% of What We Need Is Not There’: Australian States Race to Deploy Gigawatts of Battery Storage
Australian states are scrambling to meet soaring battery storage targets as solar penetration outpaces wind. New South Wales now needs 56 GWh of storage by 2030—75% of which lacks financing—while Victoria aims for 6.3 GW by 2035 and Western Australia’s grid runs...
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Russian Diplomat: Moscow Will Not Abandon Cuba, Help with Energy
Russian Deputy Foreign Minister Sergei Ryabkov told a Cuban press conference that Moscow will not abandon its strategic partnership with Cuba, pledging continued energy assistance beyond the recent delivery of 700,000 barrels of oil on the sanctioned tanker Anatoly Kolodkin. He...
China Reminds Battery Makers to Avoid Excess Capacity Growth
China has summoned its leading electric‑vehicle and stationary battery manufacturers for a second time in just over three months, urging them to curb capacity expansion. The Ministry of Industry and Information Technology and other agencies addressed 16 firms, calling for...
IOC, BPCL to HPCL: Oil PSU Stocks Gain up to 2.5% as Crude Oil Rally Loses Steam Ahead of US-Iran...
Oil marketing companies Indian Oil Corp (IOC), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) jumped 2‑2.5% on April 10 as crude prices retreated from recent peaks. Brent and WTI fell about 11% this week, the steepest weekly decline since June 2025, easing...
For First Nations Communities, Energy Insecurity Is Not New. But the Shift to Renewables Is More Urgent than Ever
Remote First Nations communities across Australia depend on diesel generators, leaving them vulnerable to global fuel price spikes and supply disruptions. Rising diesel costs are inflating household electricity bills and prompting frequent power disconnections. Community‑led solar and battery projects in...
What Is 1 of the Best Industrial Stocks to Own for the Next 10 Years?
Cameco (CCJ) produced 164 million pounds of uranium in 2025, representing 15% of global output, and posted $3.48 billion in revenue with earnings per share jumping 237% to $1.35. The firm benefits from a low‑debt balance sheet, a 16.9% net profit margin...
“An Own Goal that We Don’t Need:” Investor Group Sounds Alarm over New Tax on Renewables
The Albanese government released draft legislation to extend capital gains tax to large‑scale solar, wind and battery storage projects. The reforms would subject foreign investors—who fund over 70% of Australian renewables—to a 30% CGT on project sales, with a limited...
EWSETA Launches Renewable Energy Training Centre And Microgrid To Advance South Africa’s Just Energy Transition
EWSETA, together with Vhembe TVET College and China’s CCIEEC, launched a state‑of‑the‑art Renewable Energy Training Centre and microgrid at the Makwarela Campus in Thohoyandou. The facility provides live solar PV, battery storage and energy‑management training while supplying clean power to...
Independent Panel Approves Another Big Battery Sent for Review by Long-Distance Haters
The New South Wales Independent Planning Commission approved Foresight Australia’s Hume North battery, a 75 MW/150 MWh storage system near the Hume Hydro Power Station, despite 72 objections largely from distant anti‑renewable groups. The commission highlighted the project’s role in improving grid...
Donald Trump Guts Public Health Protection to Bolster Big Coal
The Trump administration announced a proposal to dismantle federal coal‑ash pollution standards that the EPA first established in 2014 and strengthened in 2024. The rollback would remove limits on mercury, cadmium, chromium and arsenic leaching from ash ponds, exposing communities...
Australia’s Bellevue Gold Achieves 90% Renewable Energy at Off-Grid Mine in March
Bellevue Gold announced that its off‑grid mine ran on 90% renewable energy in March, cutting diesel to just 1.3% of total project costs. The hybrid power plant—27 MW solar, 24 MW wind and a 15 MW/30 MWh battery—enabled the company to claim net‑zero Scope 1‑2...
Subsea 7 Adds $1bn-Plus Brazil Project to Backlog
Subsea 7 has secured a contract from Brazil’s state‑owned Petrobras to develop the Sepia 2 field in the pre‑salt Santos Basin, valued at over $1.25 bn. The agreement covers engineering, procurement, fabrication, installation and pre‑commissioning of subsea umbilicals, risers and flowlines for 17...
Dong Fang Offshore Selects ScanReach ConnectPOB for Offshore Wind Fleet
ScanReach announced that Dong Fang Offshore has selected its ConnectPOB personnel‑on‑board safety platform for deployment across its commissioning service operation vessels and cable‑laying vessels supporting Taiwan’s offshore wind projects. The wireless, cabling‑free system provides real‑time visibility of technicians and crew...
Fortescue Steps up Its War on Diesel
Fortescue Metals Group announced an accelerated rollout of a fully integrated green energy grid to power its Pilbara mining assets, aiming to eliminate diesel use. The initiative, part of its Real Zero carbon‑neutral strategy, will combine solar, wind, battery storage...
Clean Energy Candidates Win Majority in SRP Board Election
Clean‑energy‑focused candidates captured an 8‑6 majority on the Salt River Project (SRP) board, marking the first time a clean‑energy slate has controlled the utility’s governing body. Voter turnout surged to record levels for a typically low‑profile election, reflecting strong ratepayer...
Invictus Energy Finalises Key EIA Renewal Paving Way for Musuma-1 and Mukuyu Programs
Invictus Energy (ASX:IVZ) secured a renewal of its Environmental Impact Assessment for the Cabora Bassa project through March 2027, clearing a key permitting hurdle. The company also expects to sign a Petroleum Production Sharing Agreement in April, creating a transparent fiscal framework...
SLB OneSubsea Lands Gulf of Mexico Subsea Boosting Deal
SLB OneSubsea, a joint venture of SLB, Aker Solutions and Subsea7, secured a contract from Beacon Offshore to supply a high‑pressure, high‑temperature (HPHT) multiphase boosting system for the Shenandoah field in the Gulf of Mexico. The system is engineered to...
Energy Insiders Podcast: Why Wind Projects Are Stalled at the Gate
Large‑scale wind projects are hitting a financing wall, leaving many proposals stalled before construction. Richie Merzian of CEIG points to a looming carbon‑price (CGT) risk and structural flaws in the Clean Energy Incentive Scheme (CIS) as key deterrents. The episode...
CFE Hones Fund Plans for Mexico Power Expansion
Mexico’s state‑run utility Comisión Federal de Electricidad (CFE) is sharpening its financing strategy to support a major power expansion. Its investment arm plans to raise roughly $2.8 billion through a mix of equity and debt. The capital will back new generation...
After Ceasefire, Iranian Attacks Cut Saudi Oil Production
Saudi officials confirmed that a series of Iranian drone and missile attacks in the past 48 hours severely damaged key oil and gas infrastructure. The East‑West pipeline’s throughput fell by about 700,000 barrels per day, while the Manifa and Khurais...
EPA Proposes Gutting Rules for Handling Toxic Coal Ash, a Move that Threatens Groundwater
The EPA, under the Trump administration, has proposed a rule that would roll back the 2022‑2024 coal‑ash regulations tightened during the Biden era. The draft would ease groundwater monitoring, allow state‑level exemptions, and broaden the "beneficial use" of ash in...
JPMorgan Chase, Graphyte Ink 10-Year Biomass Carbon Deal- #Wealth #AssetManagement #AssetFinance
JPMorgan Chase and Graphyte have signed a 10‑year agreement under which the bank will purchase 60,000 tonnes of durable carbon‑dioxide‑removal (CDR) credits generated by Graphyte’s U.S. biomass projects. The deal, announced on April 10, 2026, marks one of the longest‑term...
Standard Chartered: Oil Price Correction Is Likely Overdone
Standard Chartered warns that the recent oil‑price correction may be too deep, noting Brent crude at $95.57/bbl and WTI at $96.99/bbl after the steepest drop since the Iran war began. The bank’s Q2 forecast still targets Brent around $98 and...
Asia-Pacific Markets Set to Open Mixed as Renewed Tensions Test a Fragile Iran-U.S. Ceasefire
Asia‑Pacific markets opened mixed on Friday as renewed Middle‑East tensions tested a fragile two‑week Iran‑U.S. ceasefire. Tehran agreed to reopen the Strait of Hormuz for two weeks provided attacks stop, while Israel also signaled compliance. Oil prices rose, with WTI...
Fortescue Accelerates ‘World’s First’ Green Grid
Fortescue Metals Group is fast‑tracking what it calls the world’s first fully integrated industrial green grid in Western Australia’s Pilbara region. The off‑grid high‑voltage network will combine roughly 1.2 GW of solar, over 600 MW of wind and 4–5 GWh of battery storage...
EV Realty Opens Major Truck Charging Hub in San Bernardino
EV Realty launched its flagship multi‑fleet truck charging hub in San Bernardino, installing 76 high‑power ports with 9.9 MW of grid capacity. The facility can service more than 200 medium‑ and heavy‑duty electric trucks daily under the company’s Powered Properties model,...
Mining Giant Vale Orders World's First Ethanol-Powered Giant Bulkers
Vale has signed a 25‑year agreement with China’s Shandong Shipping to build two 325,000‑dwt Guaibamax‑class bulk carriers that will run primarily on ethanol. The vessels, 340 m long, are part of Vale’s multi‑fuel strategy and can also burn methanol, heavy fuel...