Canada’s Woodfibre LNG Project Reaches 65% Completion
Woodfibre LNG announced that its British Columbia export terminal is now 65% complete following the delivery of its 16th powerhouse module. The all‑electric plant, designed to be the world’s first net‑zero LNG export facility, will draw renewable power from BC Hydro to run its liquefaction compressors. Despite staying on schedule for a 2027 start‑up, the project’s capital costs have ballooned to $8.8 billion, far above the original $5.1 billion estimate. The facility is positioned to fill Asian demand as Qatar’s output faces disruptions.
Cadeler Arm Wins Offshore Wind O&M Deals in Japan and Taiwan
Cadeler’s service arm Nexra has landed two firm offshore wind operations and maintenance (O&M) contracts in Japan and Taiwan. The Japan contract, slated to begin in spring 2026, will run for one to two months and be executed by the...
Coal Gasification Key to India’s Energy Security, Says Minister
Union Minister G Kishan Reddy announced that coal gasification will be pivotal for India’s energy security, aiming to cut import dependence and spur industrial growth. The government launched the National Coal Gasification Mission, targeting 100 million tonnes of gasified coal by 2030, backed...
Thorium Key to India’s Energy Self-Reliance Amid LPG Concerns: Expert
Amid escalating West‑Asia tensions that threaten LPG supplies, India faces heightened energy security risks, prompting experts to spotlight thorium as a long‑term solution. The country possesses roughly 25‑30% of the world’s thorium reserves, offering a domestic, low‑cost fuel for power...
South Australia on Path to 100 Pct Net Renewables Next Year After Labor Landslide and Liberal Backflip
South Australia’s Labor government, buoyed by a landslide win, will pursue a net‑100 percent renewable electricity target by 2027, relying solely on wind, solar and storage. The Liberal Party’s collapse removes a major policy obstacle, reinforcing voter support for clean energy....
Middle East War to Dominate Houston's 'Davos of Energy'
CERAWeek in Houston is set to host over 10,000 energy leaders as the Middle East war triggers the biggest oil disruption in history. Attendees include S&P Global’s Daniel Yergin, EDF’s Mark Brownstein, U.S. Energy Secretary Chris Wright, and CEOs from...
“Massive Step:” State Inks Deals to Deliver More than 1 GW of New Wind Power Ahead of Mass Coal Exodus
Western Australia’s Labor government has secured more than one gigawatt of new wind capacity, surpassing its 810 MW target to replace retiring coal plants. Contracts were signed with three projects—130 MW Kondinin, 470 MW Parron Maam, and 330 MW of the 550 MW Marri farm—delivering...
Japanese Stocks Decline as Hormuz Fears Amplify Risk-Off Mood
Japanese equities tumbled after former President Donald Trump threatened attacks on power plants near the Strait of Hormuz, reigniting concerns over rising oil prices. The Nikkei 225 dropped as much as 5% to 50,688.76, while the broader Topix fell 4.5%...
Shell, Trafi, Marathon Top SPR Release Buyers
Shell Trading secured the largest share of the first Strategic Petroleum Reserve (SPR) release, receiving 16.2 million barrels, followed by Trafigura (8.86 mn bl) and Marathon Petroleum (7.7 mn bl). The U.S. Department of Energy is delivering 45.2 million barrels of sweet and sour crude from...
Saudi Aramco Boss Pulls Out of Major International Energy Conference Due to Iran Conflict, Source Says
Saudi Aramco CEO Amin Nasser cancelled his planned appearance at CERAWeek in Houston, citing the ongoing Iran conflict. The war has shut the Strait of Hormuz, a critical oil transit route, prompting Aramco to cut roughly 2 million barrels per day...
Fully Funded Italian Solar Expansion: Construction of 7 MWp Puglia Solar Plant to Commence July 2026
Zenith Energy Ltd announced that construction of its 7 MWp solar portfolio in Puglia, Italy will start in early July 2026. The under‑construction portfolio (UCP) comprises three plants, with grid connection secured and 85% of the €3.87 million cost financed externally. The...
GM Patents A 'Daisy Chain' Charger To Juice Up Multiple EVs At Once
General Motors has filed a patent for a daisy‑chain charging system that links a single high‑power DC fast charger to multiple low‑power access points (LPAPs). Each LPAP can feed an electric vehicle, allowing two cars to charge from one station...
US Lifts Sanctions on Iranian Oil at Sea
The United States announced it will lift maritime sanctions on Iranian oil, allowing tankers to transport crude through the Strait of Hormuz without penalty. The move comes amid escalating military exchanges between Tehran and Washington‑backed Israel, which have driven oil...
Thailand Post Trumpets EV Fleet as Fuel Costs Mount
Thailand Post, the state‑run logistics provider, is accelerating its shift to electric vehicles for last‑mile delivery as fuel prices surge amid the Middle East oil crisis. Oil now accounts for roughly 30% of the carrier’s operating costs, prompting a plan...
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Slovenia Limits Fuel Purchases as some Pumps Run Dry
Slovenia has imposed daily fuel purchase caps—50 litres for private cars and 200 litres for companies—to curb shortages after a sudden demand spike. Prime Minister Robert Golob assured that national reserves are sufficient, but many stations remain closed, prompting the government to order...
LONG READ: Coal Is Back.
Coal is re‑emerging as a key fallback fuel after the Iran‑triggered Operation Epic Fury disrupted global gas supplies. The International Energy Agency now projects 2026 coal demand at a record 8.85 bn tonnes, a 0.5% rise, while thermal‑coal prices have jumped...
Can India Afford to Quit Coal?
India remains heavily dependent on coal, which supplies roughly three‑quarters of its power, even as the economy expands at 7.5% annually and electricity demand surges. Solar capacity has exploded from 4 GW to 140 GW in a decade, putting the country on...
Ministry Eyes Oil Excise Tax Trims
Thailand's Finance Ministry is evaluating oil excise tax reductions to curb retail fuel prices while protecting fiscal health. A 1 baht cut in diesel excise would forfeit roughly 2 billion baht, and a similar cut for gasoline would cost about 800 million baht....
Are We Headed for $5 Gas? This 1 Thing Determines How Much You Pay at the Pump (No, It's Not...
U.S. gasoline prices have jumped over 30% in a month, with the national average climbing to $3.88 per gallon from $2.93. The article argues that the single dominant factor is the global price of crude oil, which is rising due...
Ukraine Says Russian Attacks Kill Four People, Leave Thousands without Power
Russian strikes killed four civilians and injured several others across southeastern Ukraine, while a drone attack knocked out power in the northern Chernihiv region and caused partial outages in Kyiv. The attacks underscore Russia’s sustained campaign against Ukraine’s energy infrastructure,...
Electric Propulsion Innovator Arc Raises $50M in New Funding
Arc, a Los Angeles‑based electric boat and powertrain firm, closed a $50 million Series C round led by investors such as a16z, Menlo Ventures, and Eclipse. The capital will be used to accelerate production of electric tugboat powertrains and to expand the...
Oil Futures Face New Pressure as the US and Iran Trade Threats to Strike Key Infrastructure
Oil futures surged on Monday as U.S. President Donald Trump warned Iran of bombing its power plants unless the Strait of Hormuz reopened within 48 hours. Brent crude rose 1.27% to about $113.5 a barrel and WTI to $99, pushing...
Over 1,200 New EV Charging Stalls Deployed By EVgo In 2025
EVgo announced it installed more than 1,200 new fast‑charging stalls in 2025, expanding its U.S. network to 5,100 stalls across 47 states. The company recorded a 366 GWh public‑network throughput, surpassed 1.6 million customer accounts, and generated $384 million in revenue, a 50%...
Trump’s 48-Hour Hormuz Ultimatum to Iran Raises Stakes in Gulf War
President Donald Trump issued a 48‑hour ultimatum demanding Iran fully reopen the Strait of Hormuz or face the obliteration of its power plants. Iran responded by threatening to strike U.S. energy, information‑technology and desalination infrastructure across the Gulf. The exchange...
The Oil Shell Game: Peeling Away the Bluster of the Latest Oil Announcements
The Trump Administration announced temporary licenses to allow Iranian and Russian crude to move and offered 86 million barrels from the U.S. Strategic Petroleum Reserve (SPR). Experts argue the licensing is largely symbolic, as sanctions, insurance gaps, and financing constraints keep...
Starmer Adviser Calls for Temporary Energy Windfall Tax to Curb ‘Profiteering’
A senior adviser to UK Labour leader Keir Starmer has called for a temporary windfall tax on energy firms. The proposal targets companies that have posted record profits amid soaring wholesale prices. Proceeds would be directed toward measures that ease...
Vietnam PM Visits Russia to Sign Energy Deal Amid Iran War Disruption
Vietnamese Prime Minister Pham Minh Chinh travelled to Moscow to sign a suite of energy agreements, including oil‑and‑gas cooperation and a nuclear power plant partnership, as Hanoi seeks to bolster fuel reserves. The deal covers trade, investment, exploration, extraction and...
Iran Vows to Hit Oil Sites if US Strikes Power Plants
Iran warned it will destroy oil facilities and critical infrastructure across the Middle East if the United States strikes its power plants, following President Donald Trump's ultimatum to reopen the Strait of Hormuz by March 23. The parliamentary speaker Mohammad Bagher Ghalibaf said...
Iceland Boss Calls for Profit Cap on Energy Firms as Prices Surge
Iceland boss Richard Walker, now a Labour peer, urged the UK government to impose a temporary profit cap on energy producers and retailers amid soaring oil and gas prices triggered by Middle East tensions. He argues existing windfall taxes are...
Govt to Launch Bid for 7th Tranche of Critical Mineral Blocks on March 23
India will launch its seventh tranche of critical mineral auctions on March 23, 2026, offering 19 blocks across multiple states. The blocks contain lithium, graphite, rare‑earth elements, tungsten, vanadium and titanium, essential for electric vehicles, renewables, fertilizers and defence. The...
WA Government Calls for Calm as Fuel Prices Soar
Western Australia’s government has issued a public appeal for calm as fuel prices reach record levels statewide. The surge, attributed to rising global crude costs and regional supply constraints, has pushed pump prices to unprecedented heights. Despite mounting consumer pressure,...
Sinopec Posts 36.8% Drop in 2025 Net Profit on Weak Petrochemical Margins, New Energy Substitution
Sinopec reported a 36.8% plunge in 2025 net profit to 31.8 billion yuan, driven by weaker petrochemical margins and accelerating substitution by new‑energy sources. Refinery throughput slipped 0.8% to 250.33 million tonnes, while petrol and diesel output fell 2.4% and 9.1% respectively....
Green Schools = Big Savings
A new Building Power Resource Center report shows school districts nationwide cutting utility bills by installing solar panels, geothermal systems, and other efficiency upgrades. Kentucky schools saved over $2 million, Rhode Island districts trim $60,000 annually, and Colorado’s middle school reduced...
India to Start Carbon Credit Trading After Four Months: Power Minister Manohar Lal
India will commence carbon credit trading within four months, announced by Power Minister Manohar Lal. The government has launched a dedicated carbon‑mark portal to handle registration, verification and trading, and more than 40 projects in biogas, green hydrogen and forestry...
Octopus Claims Heat Pumps Can Be £200 Cheaper than Gas Boilers — but What About in Older Homes?
Octopus Energy’s new Cosy Heat Pump Fleet Performance Dashboard shows that about 80% of its heat‑pump customers paid less than they would have with a gas boiler, averaging £219 in annual savings. The data, drawn from thousands of UK homes,...
Ethanol Industry Ready to Supply More than 20% Blending, Can Cut Crude Import Bill: AIDA
The All India Distillers' Association (AIDA) has signaled readiness to supply ethanol blends exceeding 20 percent for petrol, aiming to curb India's reliance on imported crude amid rising oil prices and regional instability. India already met its E20 blending target ahead...
Coal Imports Likely to Remain Subdued in Near Term
India’s coal imports slipped 4.2% to 213.1 million tonnes in the April‑January window, with non‑coking imports falling to 127.8 MT while coking imports rose modestly to 50.4 MT. The decline reflects a deliberate push toward self‑reliance as domestic output expands. Seaborne coal prices...
Russian Crude Tanker Begins Discharge at New Mangalore Port
Aqua Titan, a Cameron‑flagged tanker carrying 96,099 tonnes of Russian crude loaded at Primorsk, began discharging at Mangalore Refinery and Petrochemicals Ltd’s single‑point‑mooring facility in New Mangalore Port on Sunday. The arrival marks the latest in a series of Russian crude...
Taiwan Leader Says Two Nuclear Power Plants ‘Meet Conditions’ to Restart
Taiwan President Lai Ching‑te announced that the island’s second and third nuclear power plants meet the conditions for reactivation, signaling a potential policy reversal on the nuclear‑free agenda. The plants were shut down in 2023 and 2025 as part of...
Iran Crisis: Government Reassurances Should Not Blunt the Need for Singapore to Save Energy
Singapore’s Energy Minister Tan See Leng stressed that despite diversified LNG sources and months‑long stockpiles, the nation must still curb energy use as the Iran conflict underscores long‑term fuel‑supply risks. He warned that rebuilding Qatar’s Ras Laffan plant could take up...
Fuel to Gas Vehicles: How NDDC Made 500 Niger Delta Youths Ready for Action
The Niger Delta Development Commission (NDDC) has trained 500 youths in CNG Autogas conversion through a six‑week hands‑on program at the Dakkada Skills Acquisition Centre, aiming to create a skilled hub for vehicle retrofitting. The initiative aligns with President Tinubu’s...
Gov't Leader Orders Sufficient Energy Supplies for Production, Business, Consumption
Vietnam's Prime Minister Pham Minh Chinh ordered comprehensive measures to guarantee sufficient energy supplies for production, business and consumption amid a regional fuel crisis. The government activated the petrol‑price stabilisation fund, adjusted taxes, and directed ministries to monitor markets, replenish...
President Hichilema Warns Against Fuel Hoarding Amid Global Energy Crisis
Zambia’s President Hakainde Hichilema warned oil‑marketing firms that hoarding fuel creates artificial shortages, despite the country holding 30‑60 days of reserves. He linked the issue to the broader Middle East conflict that is tightening global energy supplies. The administration announced...
Gray Hydrogen, High Costs, and the Real Emissions of SunLine’s Fuel Cell Fleet
SunLine Transit Agency has invested roughly $27 million (2026 dollars) over two decades to build and repeatedly rebuild hydrogen refueling infrastructure for a 31‑bus fuel‑cell fleet. Despite upgrades from electrolyzers to a liquid‑hydrogen station, hydrogen fuel costs have remained high and...
Nuclear in the Spotlight Amid Oil, Gas Crunch
The ongoing Middle East oil‑gas disruption is reviving interest in nuclear power as a low‑carbon baseload source. European leaders, including Ursula von der Leyen, have pledged €200 million for innovative small modular reactors and urged member states to extend existing plant...
This Nuclear Energy Trend Could Be Bigger Than Investors Think in 2026
BWX Technologies, a veteran naval nuclear contractor, is promoting its factory‑built small modular reactor, the BANR, which can generate 75 MW of clean power. The reactor is positioned as a solution for the soaring electricity demand of AI‑driven data centers, which...
Big Oil Flocks to Alaska in Record-Setting Petroleum Lease Sale
The National Petroleum Reserve‑Alaska held its first lease sale in seven years, generating a record $163.7 million in high bids and awarding 187 leases across 1.33 million acres. Major oil companies such as ExxonMobil, ConocoPhillips, and a Repsol‑Shell consortium secured tracts, marking...
Alphabet (GOOGL): 10 Best AI Stocks to Buy for the Next 10 Years
Alphabet’s Google has inked demand‑response agreements with five U.S. electric utilities, extending from Arkansas to Minnesota. The contracts let Google curtail up to 1 GW of data‑center electricity during peak‑load periods, helping avoid grid stress and potential blackouts. These deals build...
Live: Trump Gives Iran a 48-Hour Deadline to Open the Strait of Hormuz
President Donald Trump issued an ultimatum giving Iran 48 hours to reopen the Strait of Hormuz to commercial shipping. The deadline follows Iran’s closure of the waterway in response to the US‑Israel war on Iran, and Tehran warned it would...
G7 Ready to Act to Protect Global Energy Supplies, Backs Hormuz Strait Security
The G7 foreign ministers declared they are prepared to take necessary steps to safeguard global energy supplies and secure key maritime routes, notably the Strait of Hormuz. They condemned Iran’s attacks on civilian and energy infrastructure and voiced support for...