Attacks Cut Saudi Oil Capacity by 600,000 Barrels per Day
First official confirmation of scale of damage done by Iran to kingdom’s energy sector
Xcel’s Multistate Rate Case Push May Signal New Regulatory Strategy
Xcel Energy is simultaneously filing rate‑case requests in Minnesota, the Dakotas, Colorado and New Mexico, seeking more than $1.3 billion in base‑rate increases. The filings aim to recover capital outlays tied to coal retirements, nuclear extensions, renewable projects, transmission upgrades and...
Egypt Agrees to Buy Full Output From Cyprus’ Aphrodite Gas Field
Egyptian Natural Gas Holding Co. signed a preliminary agreement to purchase the entire output of Cyprus' Aphrodite offshore gas field once it begins production around 2031. The deal includes a framework to build an offshore transmission system operated by a...
MaverickX Expands PetroX Production with New Eagle Ford Facility in Texas
MaverickX has launched a new 10,000‑sq‑ft production facility in Pleasanton, Texas, to manufacture its PetroX chemical solutions for oil‑field applications. The plant, operating near the Eagle Ford shale, can produce about 14 million liters per year, shortening delivery times and lowering...
ONE-Dyas Boosts North Sea Gas Output to 1 Bcm/Year with Second N05-A Well
ONE‑Dyas has brought a second well online at its N05‑A platform in the North Sea, raising total output to roughly 1 billion cubic metres (Bcm) per year. The development moves the field toward its 2 Bcm/year name‑plate capacity, with peak production expected...
Delta’s 2012 Gamble on an Oil Refinery Is Paying Off — $300 Million Boost
Delta Air Lines’ 2012 purchase of the Trainer oil refinery, once dismissed as risky, is now delivering a sizable financial upside. The refinery supplies a share of the airline’s jet‑fuel needs, allowing Delta to offset higher fuel costs during periods...
Scientists Are Turning Bread Into Fuel. It Could Revolutionize Manufacturing.
Researchers at the University of Edinburgh have shown that feeding ordinary bread crumbs to unmodified Escherichia coli, together with a biocompatible catalyst, produces hydrogen gas at yields higher than traditional fossil‑fuel hydrogenation. The hybrid chemo‑microbial process demonstrated carbon‑negative life‑cycle emissions,...
EG4 and Outback Power Advantage Programs Bring DIY-Friendly Pre-Paid Battery Leases to Homeowners
Texas‑based EG4 and Outback Power have launched “Advantage” programs that provide homeowners with pre‑paid battery leases. The offerings bundle a hybrid inverter with standardized battery packs and allow either DIY or installer‑led installation to keep costs low. Eligible participants receive...
Travelers See Fewer Flights and Higher Airfares as Jet Fuel Prices Swing
Jet fuel prices have surged to about $209 per barrel, roughly double the level at the start of the war in the Middle East, prompting airlines to raise fares and ancillary fees. U.S. carriers such as Delta and United report...
UMass Study Finds States Approve Most Solar Projects in Under 1 Year
A University of Massachusetts Amherst study of 460 wind and solar projects in 19 states finds most receive permits within roughly a year, with a 90% overall approval rate. Kentucky and Mississippi process applications about five months faster than the...
Oil Prices Edge Higher as Confidence in Cease-Fire Wavers
Oil prices nudged higher on Thursday after a brief dip following a tentative cease‑fire between Iran and the United States. Brent crude settled around $96 a barrel, up roughly 30% since the conflict began, while U.S. WTI hovered near $98,...
Ceasefire: Oil Prices Sink, Stocks Rise
Maria Aspan, NPR
Alternatives Standing on Their Own
Conservative critics who once demanded subsidies for renewable energy now observe that solar, wind and other alternatives are becoming financially self‑sufficient. Declining technology costs and improved capacity factors have allowed clean power to compete with fossil fuels on pure market...
Wind/Solar Cost Texans $766M Extra in 17 Hours
Winter Storm Fern forced Texas to import an additional $766 million worth of electricity over a 17‑hour period. The U.S. Department of Energy reported that during the storm’s peak, the state’s thermal fleet—coal, natural gas, nuclear and oil—generated 86 percent of power,...
Scaling Advanced Nuclear: Picking Winners Now
Across the United States, more than 60 advanced nuclear reactor developers are mobilizing billions of dollars in public and private capital to address rapidly rising electricity demand. These next‑generation designs promise carbon‑free baseload power, but scaling them requires a strategic...
Agratas Gigafactory Project Secures £380m in UK Government Funding
Agratas has secured £380 million of UK government funding for its planned gigafactory in Somerset, part of a broader £470 million package aimed at decarbonising road transport. The investment will fund the construction of an EV battery cell plant designed to supply...
UAE Oil Chief Sultan Ahmed Al Jaber: 'The Strait of Hormuz Is Not Open'
UAE oil chief Sultan Ahmed Al Jaber said the Strait of Hormuz remains closed despite a U.S.–Iran cease‑fire, noting that Iran still controls ship movements and imposes permits. About one‑fifth of global oil passes through the narrow waterway, and the continued...
Energy Service Contracts Grow as Operators Look to Spread Costs
Energy‑as‑a‑Service (EaaS) and energy‑service companies are experiencing rapid growth as building operators pursue decentralized, resilient power solutions. The U.S. market, valued at $42.7 billion in 2025, is projected to reach $101.2 billion by 2035. Major players such as ABB, Siemens, and Ameresco...
The Strait of Hormuz Is Not Open as Iran Controls Access After Ceasefire, UAE Oil CEO Says
Following a U.S.-Iran cease‑fire, Iran has begun requiring ships to obtain its permission before transiting the Strait of Hormuz, effectively keeping the waterway closed to free navigation, according to ADNOC CEO Sultan Ahmed Al Jaber. The restriction affects roughly 20 % of...
As EV Load Grows, Utilities Use Managed Charging to Harness Flexibility, Lower Costs
U.S. utilities are scaling active managed‑charging (V1G) programs to spread electric‑vehicle load and defer costly grid upgrades. Automakers such as GM, Ford and Rivian are partnering with aggregators like EnergyHub, WeaveGrid and Chargescape to automate charging based on real‑time system...
Jet Fuel Supply Disruptions Are Comparable to 9/11 and Could Take Months to Replenish Even if Hormuz Strait Is Reopening,...
IATA chief Willie Walsh warned that jet‑fuel shortages caused by the Iran‑related war will linger for months even if the Strait of Hormuz reopens. Refining capacity in the Middle East has fallen 10‑12%, removing over 2 million barrels per day from...
Rethinking Air Conditioning for a Hotter, More Humid World
Extreme heat and humidity are driving a surge in air‑conditioner use across India and the global South, exposing the inefficiencies of conventional temperature‑only cooling. A two‑day workshop in Ahmedabad, led by CEPT University, RMI and OTS R&D, equipped engineers with...
Iran Energy Shock Tests Limits of Trump’s Vision of US Energy Dominance
President Trump claims U.S. energy dominance despite Iran’s Strait of Hormuz blockade, yet gasoline prices surged to over $4 per gallon, costing households $8.4 billion in a month. The United States, while a net exporter, still imports roughly 6 million barrels of...
Orsted: Middle East Energy Crunch Rejuvenates Europe Offshore Wind Push
Ørsted CEO Rasmus Errboe told Reuters that the Middle East war is accelerating Europe’s drive for energy independence, reviving offshore wind development. Soaring oil and gas prices from the U.S.–Israeli conflict and the Strait of Hormuz blockage have heightened demand...
Reliance Caps Fuel Sales at $11 per Pump Amid Growing Shortages
Reliance Industries, through its Jio‑BP joint venture, has begun limiting fuel purchases to roughly 1,000 rupees ($11) per customer at more than 2,000 retail pumps across India. The caps are a response to supply strain caused by the ongoing Hormuz...
India Mulls Creating 30-Day LPG Strategic Reserve
India is evaluating a 30‑day strategic reserve for liquefied petroleum gas (LPG), which would require roughly 2.4 million tonnes of storage capacity. The country currently relies on two underground caverns – 80,000 tonnes in Mangalore and 60,000 tonnes in Visakhapatnam – that together...
Inside AMPERA’s Bet on Subcritical Thorium Microreactors
Florida startup AMPERA is developing a factory‑built, subcritical thorium microreactor that fits in a 40‑foot shipping container and can run for 30 years without refueling. The design uses an external neutron generator to keep the core subcritical, TRISO‑encapsulated thorium fuel, and...
How the Global Energy Crisis Is Shaking Canada From Coast to Coast — and Could Leave a Lasting Legacy
The Iran‑Israel conflict has choked the Strait of Hormuz, driving global oil prices above $90 a barrel and prompting Canadian firms to scramble for supply. Irving Oil secured regulator approval to use a foreign tanker to import up to 680,000...
BYD & KFC Team Up For Flash Charging While You Eat. What Would You Like While Charging?
BYD announced a partnership with KFC to install its second‑generation Flash Chargers—over 1 MW units—at KFC outlets across China. The "dual replenishment" model lets drivers order food via the vehicle app and receive a full meal while the car recharges in...
Natural Gas Prices Sinking to $2.70
Trading Economics
E-Storage Delivers Battery Storage Solutions: Canadian Solar Subsidiary E-Storage Secures Large-Scale Battery Projects in the UK
Canadian Solar’s energy‑storage arm E‑Storage has secured a £420 MWh battery contract with the UK’s Drax Group, split between a 60 MW/120 MWh system at Marfleet, England and a 150 MW/300 MWh system at Neilston, Scotland. The projects, developed by Apatura, will be built starting...
Government Eyes P60 Billion Fiscal Support for EVs
The Philippine government is drafting a P60 billion (≈$1.1 billion) fiscal incentive package under the new Electric Vehicle Incentive Strategy (EVIS), slated for an executive order before the July State of the Nation Address. EVIS will allocate four slots, each offering P15 billion...
If only We Didn't Need so Much Petrol... The Electrification Plans NZ Has Dreamed up, and Abandoned
Rising diesel prices—now about $4 per litre and up 33 % for households—have revived New Zealand’s stalled electrification agenda. The Clean Car Discount, which collected roughly $71 million USD in levies and paid $173 million USD in subsidies, was terminated in 2023, yet EV...
Lesson From West Asia Conflict Is to Factor-In Adverse Scenarios While Framing Policies: Oil Secretary
India’s petroleum secretary, Neeraj Mittal, warned that the West Asian conflict underscores the need to embed adverse‑scenario planning into the nation’s energy policy. He noted that despite the hostilities, LPG cargoes continue to arrive via the Strait of Hormuz, keeping...
Envision Unveils 12.5 MWh BESS, Begins 790 Ah Cell Output
Envision announced the launch of a 12.5 MWh battery energy storage system (BESS) and the start of production for a 790 Ah lithium‑iron‑phosphate (LFP) cell at the ESIE 2026 expo in Beijing. The AI‑energy‑systems platform bundles battery cells, power conversion, energy‑management software, SCADA...
How Global Conflicts Are Threatening India’s Maritime Trade and Energy Security | Energonomics Podcast | EP 15
The Energonomics podcast examines how escalating geopolitical tensions are jeopardizing India’s maritime trade and energy security. It highlights the vulnerability of critical chokepoints such as the Strait of Hormuz and the Red Sea, where conflict could disrupt oil and cargo...
Deutsche Bank Says China Is Energy ‘Winner’ in Age of War
Deutsche Bank’s emerging‑markets CIO Jacky Tang argues that the Middle‑East war makes China the clear energy winner. While Iran‑linked oil imports pose a test, China’s rapid clean‑tech expansion and near‑40% renewable electricity mix cushion it from oil price shocks. Tang...
Diesel Supplies to Poland's Ports at Record in March
Seaborne diesel deliveries to Poland’s Baltic ports surged to a record 776,000 tonnes in March, eclipsing the previous high of 667,000 tonnes set in May 2022. The spike was driven by a planned turnaround at the 210,000 b/d Gdańsk refinery and...
CBAM: EU Carbon Border Levy Certificate Price Confirmed for First Quarter of 2026
The European Commission has announced the Carbon Border Adjustment Mechanism (CBAM) certificate price for the first quarter of 2026 at €75.36 per tonne of CO₂. Importers of carbon‑intensive products into the EU will be required to purchase these certificates starting...
Permitting Reform Is the Energy Policy We Need
Senate Democrats have agreed to re‑engage Republicans on a bipartisan permitting reform bill aimed at accelerating energy infrastructure approvals. The legislation seeks to streamline federal and state review processes that have long delayed oil, gas, and renewable projects. By cutting...
ACEN Sees 2026 a Better Year Despite Middle East War
ACEN Corp., the Ayala‑Group renewable energy arm, says 2026 will be a stronger year despite the Middle East war, citing stable operations at its overseas plants and the activation of larger power facilities. CEO Eric Francia noted that fuel‑price spikes...
Matchett in The Economic Times, Hindustan Times, Nepal News, The Express Tribune, on Warning Against US Striking Iranian Critical Infrastructure
Atlantic Council analyst Ginger Matchett warned that a U.S. strike on Iran’s power grid would trigger a humanitarian disaster, disrupting water, health care and food supplies. She and colleague Joseph Webster argued that such an attack would likely provoke Iranian...
Gas Turbine Supply Crunch Set to Raise Prices 195% by 2027: WoodMac
Wood Mackenzie forecasts gas turbine prices to soar to $600 per kilowatt by the end of 2027, a 195% jump from 2019 levels. The surge is driven by specialized labor shortages, hot‑section component bottlenecks, and trade‑related cost pressures, compounded by...
Why Is Anthony Albanese Visiting Singapore Amid Australia’s Fuel Crisis – and What Could Come From It?
Australian Prime Minister Anthony Albanese arrived in Singapore ahead of schedule to discuss fuel security with Singaporean Prime Minister Lawrence Wong. The leaders will focus on ensuring uninterrupted supplies of petrol, diesel and LNG amid a regional fuel crunch sparked...
H55 Delivers Certifiable Battery Modules to BRM Aero for Electric Aircraft Trainer Program
H55 has delivered certifiable battery modules to BRM Aero for its electric trainer, the Bristell B23 Energic. The modules meet aviation certification standards, allowing the program to move into mechanical integration and aircraft‑level validation. First aircraft deliveries are planned for...
Hormuz Toll Debate: China Experts Propose ‘Innovative’ Solutions as Impasse Persists
The long‑standing dispute over toll collection in the Strait of Hormuz remains unresolved, with shipping firms and governments still lacking a unified fee framework. Chinese analysts have floated two novel ideas: tying toll rates directly to global oil prices and...
Novar Acquires 100MW Solar PV Plant in Germany, Potential to Co-Locate 160MWh BESS
Novar, the Dutch solar developer, has purchased a 100 MW photovoltaic plant in Baden‑Württemberg from German firm Stromernte. The acquisition includes a prospective 160 MWh battery‑energy‑storage system that could be co‑located with the solar assets. Stromernte will stay on board under a...
New Edie Extra Podcast: Will the UK’s Accelerated Energy Transition Be Climate-Resilient?
The latest edie Extra podcast features a live panel from the edie 26 conference discussing the UK’s accelerated Clean Power 2030 transition and its climate‑resilience challenges. Zurich Resilience Solutions’ Sean Grundy and Daniel Keir argue that insufficient adaptation—26% of outcomes rated inadequate—poses financial risks if...
Framatome Joins Four Utilities to Advance VVER 440 Nuclear Fuel Design
Framatome and four European utilities—ČEZ, Fortum, MVM Paks NPP, and Slovenské elektrárne—have signed a contract to develop a 100% European VVER 440 fuel design called VERA‑440. The first phase focuses on fuel‑assembly design and transport containers, followed by a Lead Test Assembly program to...
Electrofuels Are Slipping Through The Trump Chopper
Electrofuels are emerging as a viable alternative to conventional jet fuel, and Boston‑based startup Sora Fuel announced a $14.6 million financing round to accelerate its low‑cost direct‑air‑capture (DAC) technology. The company claims it can capture CO₂ for under $50 a ton—about...