Energy News and Headlines
Energy News and Headlines
Energy Pulse
EMAIL DIGESTS
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Every morning
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EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
Researchers propose a statistical‑physics framework that treats well flow‑rate fluctuations as a proxy for subsurface strain changes. By applying Jaynes' maximum entropy principle with energy‑input constraints, they link covariance of inter‑well flow noise to non‑local stiffness tensors. This relationship enables extraction of fracture density and orientation around each well without costly seismic surveys. Early field comparisons show promising alignment with independent fracture data sets.
AleaSoft Energy Forecasting reported that weekly average electricity prices fell across most major European markets, with the average dipping below €90 ($103) per MWh in seven countries. Record‑low prices of €0.18/MWh ($0.21) were logged in Portugal and Spain, the latter...
Onshore wind now supplies roughly a quarter of Germany’s electricity, supports over 100,000 jobs and generates billions in regional value. The upcoming EEG 2027 reform will introduce contracts‑for‑difference, shifting to a production‑based hybrid design that pays out when market revenues fall...
The article highlights hidden safety risks in battery energy storage systems (BESS) and argues that end‑to‑end visibility across the entire lifecycle is essential to mitigate them. It contrasts BESS with solar, noting that batteries remain energized and demand continuous monitoring,...
Chevron announced that its Wheatstone LNG plant in Western Australia suffered extensive damage from Tropical Cyclone Narelle, forcing both of its 8.9‑million‑ton‑a‑year processing trains offline. The damage includes fin‑fan arrays and air‑cooled heat exchangers, making repairs complex and time‑consuming. Chevron...
The International Energy Agency’s Photovoltaic Power Systems Programme reports that solar installations above 60° N are expanding rapidly, with capacity reaching roughly 1,400 MWp by 2023 and annual growth rates of 46‑145% in key regions. Cold temperatures boost panel efficiency, while bifacial...
Permian Resources (PR) has been added to Zacks Rank #1 Strong Buy list as oil prices climb above $100 per barrel following Middle East disruptions. The company’s shares hit a 52‑week high of $21, up more than 50% year‑to‑date, while...
California Gov. Gavin Newsom’s administration is weighing whether to end the four‑year‑old Demand Side Grid Support (DSGS) virtual power plant program, which now supplies over 1 GW of capacity and offsets peak demand comparable to San Francisco’s load. Lawmakers and clean‑energy advocates...
Arizona’s elected Corporation Commission voted unanimously to eliminate the state’s renewable portfolio standard, which required 15% clean electricity by 2025. The repeal is justified by commissioners as a cost‑saving measure, yet utilities remain locked into long‑term renewable contracts that may...
President Trump’s recent executive orders are prompting the Department of Energy and the Nuclear Regulatory Commission to roll back the long‑standing ALARA radiation‑protection standards that have limited worker and public exposure at federal nuclear sites. The changes could allow up...
The roundup highlights rapid progress in non‑lithium energy storage, with Unigrid’s sodium‑ion cells reaching 5,000 full‑depth cycles and projecting a 25‑year lifespan that matches solar PV panels. Inlyte Energy secured a domestic iron‑powder supply partnership to scale its iron‑sodium (ZEBRA)...
Redoxblox has rebranded as Tempo, signaling its shift from research to commercial scaling of a thermochemical energy storage platform that delivers continuous, combustion‑free heat up to 1,200 °C. The system can charge fully in four hours, allowing factories to capture low‑cost...
The UK government, together with regulator Ofgem, has launched a consultation on revising cyber‑resilience rules for downstream gas and electricity licensees. The proposal would impose baseline cyber security requirements on all Ofgem‑licensed operators, while applying stricter standards to the most...
Chinese battery maker Hithium announced a strategic cooperation with Hong Kong‑based private‑equity firm Brawn Capital to develop up to 3 GWh of long‑duration battery‑energy‑storage systems (BESS) in the Asia‑Pacific region by 2030. The partnership will leverage Brawn’s investment and project‑development capabilities,...
RepAir Carbon, an Israeli deep‑tech firm, opened a Luxembourg office to drive its electrochemical direct‑air‑capture (DAC) technology across Europe. The solid‑state system claims 70% lower energy use than conventional DAC and already backs projects with Shell, Mitsubishi, and C‑Questra. RepAir’s...
A Kuwaiti‑flagged VLCC Al Salmi, carrying about 2 million barrels of Saudi and Kuwaiti crude, was struck by a drone off Dubai, sparking a fire that was later extinguished without injuries or oil leakage. The incident, reported by UKMTO, follows a recent...
Sharp spikes in Singapore’s fuel prices, driven by the Middle East conflict, have made RON97 petrol nearly twice as expensive as in Malaysia’s Johor Bahru (US$2.64 vs US$1.27 per litre). Singapore drivers, bound by a law requiring tanks to be...
ClearVue Technologies, in partnership with Helios Power, secured International Electrotechnical Commission (IEC) certification for its new building‑integrated photovoltaic (BIPV) rooftop panels. The metal‑backed design offers weatherproofing, fire‑class A safety, and enhanced wind‑load performance, extending roof lifespan. With the certification in...
Asian nations are scrambling for Russian crude as the U.S.-Israel war with Iran has cut roughly one‑fifth of global oil supply, especially through the Strait of Hormuz. The United States temporarily eased sanctions on Russian shipments, first for India and...
Oil prices surged in March, with Brent crude climbing over 51% since February and staying above $110 a barrel, marking the largest monthly gain on record. The spike follows the outbreak of war in Iran and heightened threats to the...
South Africa’s Valterra Platinum says platinum‑group metals are critical catalysts for the expanding hydrogen economy, which is seeing strong global growth despite short‑term challenges. The company highlighted the role of PGMs in fuel‑cell trucks, electrolyzers and green‑hydrogen projects, while noting...
Volvo Group, Daimler Truck and Toyota have signed a non‑binding memorandum of understanding to make Toyota an equal, third shareholder in cellcentric, the fuel‑cell joint venture owned by Volvo and Daimler. Toyota will contribute more than three decades of fuel‑cell...
V.O. Chidambaranar Port Authority has begun generating carbon credits from its renewable energy portfolio, registering five projects with a combined 12.4 MW capacity. The mix includes rooftop solar, ground‑mounted solar, and wind farms ranging from 400 kW to 6.3 MW. Over the next...
British Prime Minister Keir Starmer warned that reopening the Strait of Hormuz for commercial traffic will be challenging, emphasizing the need for de‑escalation before safe navigation can resume. He hosted senior military officials and executives from Lloyd’s, Goldman Sachs, HSBC,...
Oil majors are projected to earn about €24 billion ($26 billion) in excess profits from European road fuels by the end of 2026, driven by price spikes after the US‑Israeli attack on Iran. So far they have already captured €1.3 billion ($1.4 billion) this...
Australia’s energy transition is being driven by massive transmission projects, but Ausgrid argues that existing distribution networks hold untapped value. By leveraging sub‑transmission assets in the Hunter‑Central Coast Renewable Energy Zone, 1 GW of renewable capacity is set for delivery by...
Balcony solar plug‑in systems have exploded in Germany, now used by millions of households. The growth is driven by cheap panels, micro‑inverters, regulatory reforms allowing self‑installation, and high energy prices after Russia’s invasion of Ukraine. The market has shifted from...
Australia’s federal "Cheaper Home Batteries" rebate has crossed the 300,000‑installation threshold, prompting a final push before a tiered discount structure takes effect on May 1. The new scheme will slash the 30% upfront rebate for batteries larger than 14 kWh, scaling down...
South Australia’s peak electricity demand is projected to more than double, rising from 3.3 GW today to over 6.5 GW within 15 years, as mining, steel, defence, AI and other industries flock to the state’s 100 percent net‑renewables grid. The region already generates...
New Zealand is weighing two contrasting projects to secure its electricity supply amid a global fuel shock. The fast‑track LNG import terminal in Taranaki would cost over NZ$1 billion (≈US$600 million) and deliver power at roughly US$120‑150 per megawatt‑hour, a price deemed uneconomic...
Iran struck the Kuwait‑flagged crude tanker Al‑Salmi off Dubai, igniting a fire on a vessel loaded with about 2 million barrels of oil worth over $200 million. The attack prompted a brief spike in crude prices, pushing U.S. gasoline above $4 a...
The Australian Renewable Energy Agency (ARENA) is committing up to AUD 25.3 million (approximately US$16.7 million) to NewVolt to build a shared fast‑charging network for electric trucks in Victoria. The first of three open‑access hubs will open in late 2026, with two more slated...
Queensland set a new wind‑generation record on Monday, delivering 30.1 percent of state demand at 2:35 a.m. with a peak output of 1,704 megawatts. The achievement was driven by the partially commissioned MacIntyre wind farm and the newly operational Clarke Creek and Coopers Gap...
Crude oil prices jumped above $115 per barrel after a drone attack struck a Kuwaiti‑flagged tanker transiting the Red Sea. The incident heightened concerns over potential supply disruptions in a key shipping corridor, prompting traders to bid up Brent and...
Zenith Energy Ltd announced an independent re‑valuation of its Italian solar pipeline, now totaling 173.5 MWp and worth €54.7 million (≈$59 million), nearly double the €27.5 million valuation from December 2025. The company plans to divest 50 MWp—about 20 MWp operational and 30 MWp ready‑to‑build—for roughly €41 million...
Spring’s shoulder season brings temperature swings of 30°F or more, forcing homeowners to toggle between heating and air‑conditioning multiple times a day. While modern HVAC systems can technically handle these rapid changes, frequent cycling can increase energy use and accelerate...
Michael Spence warns that the global economy is riddled with single‑point chokepoints, from the Strait of Hormuz and Malacca to the Suez and Panama canals. Concentrated supply chains—such as Japan’s micro‑controller firms, the ASML‑TSMC‑Samsung semiconductor trio, and China’s rare‑earth dominance—have...
Energy Transfer reported a record full‑year Adjusted EBITDA of $16 billion, a 3% increase, and Q4 Adjusted EBITDA of $4.2 billion, surpassing the prior year. The company raised its 2026 Adjusted EBITDA outlook to $17.45‑$17.85 billion, driven solely by the USA Compression acquisition....
Houthi rebels have entered the Middle East war, raising concerns over oil supply disruptions. Brent crude rose to $116.75 per barrel and WTI topped $100 as the rebels threatened to close the Bab al‑Mandab strait, which handles about 6 million barrels...
Europe’s existing nuclear fleets, exemplified by France, blunt gas‑price spikes but cannot fully insulate electricity markets. New nuclear builds such as the UK’s Hinkley Point C are delayed to 2030 and now cost roughly $61 billion, far higher than the original $22.5 billion...
Iran struck a fully‑laden Kuwaiti tanker in Dubai, igniting a fire and damaging the hull. The attack pushed West Texas Intermediate futures up almost 4% to around $107 a barrel and Brent crude near $115. President Donald Trump responded with...
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The Fuels Industry Association of South Africa says overall fuel supply is stable but diesel is tight ahead of the April 1 2026 price adjustment. A planned shutdown of the Cape Town refinery, set for mid‑April, will rely on imports and is...
Germany’s state‑owned energy trader SEFE (Securing Energy for Europe) announced it will issue a major liquefied natural gas (LNG) purchase tender on Tuesday, targeting deliveries to Northwest Europe. The tender is designed to bolster regional supply security as the Middle...
Grigory Berezkin transformed distressed oil assets into a $600 million sale to LUKOIL, then revitalized the Arctic‑based Kolenergo power utility before exiting the energy sector in 2003. He later built Russia’s leading free‑daily newspaper Metro, grew RBC into a multi‑platform business...
US methanol spot prices hit a four‑year high of 135 cents per US gallon for April delivery, up 10 cents from the previous week. The surge follows a March‑long rally driven by the war in the Middle East Gulf, which has disrupted...
The article argues that artificial intelligence, like nuclear power, is a new source of energy that only creates value when the surrounding system— the "grid"—is rebuilt to absorb and act on its output. In healthcare, AI models can flag disease...
Vermont’s 2024 climate‑superfund law obligates fossil‑fuel companies to cover adaptation costs linked to climate change. The Trump administration, through the Justice Department, sued to block the statute, claiming it violates the Constitution by regulating emissions beyond state borders. The U.S....
A coalition of energy and consumer‑advocacy groups is pressing the Australian government to accelerate electrification of transport, heating and industrial processes, leveraging the country's abundant renewable resources. They argue that shifting to electric technologies will improve energy security, lower costs...
Egypt and Cyprus signed a gas framework agreement to cooperate on the development of the Cronos offshore field. The Cronos reservoir holds about 3.1 trillion cubic feet of natural gas in Cypriot waters. The parties stopped short of a final investment...
U.S. West Texas Intermediate crude settled at $102.88 per barrel on March 30, the first time it crossed the $100 mark since the U.S. and Israel launched a war against Iran. The surge follows President Donald Trump’s threats to target Iranian...
