PSA Zeebrugge Powers 50% of Electricity Needs With Over 1,800 Solar Panels
PSA Zeebrugge has installed nearly 1,900 vertical solar panels on its warehouse façades, delivering an annual output of 770 MWh—enough to power half of the terminal’s electricity demand. The project, executed by Insaver of the Luminus Group, saves 101.43 tons of CO₂, comparable to the emissions of 220 Belgian households. It fulfills Flemish regulations requiring large electricity users to source part of their power from solar, and aligns with PSA’s goal to halve 2019 emissions by 2030 and reach net‑zero by 2050. The installation also marks a milestone for Luminus’s “Electrify 2030” program.
Negative West Texas Gas Prices Reveal Mismatch in Global Energy
In West Texas, abundant natural gas produced alongside oil is driving spot prices into negative territory because pipelines and export terminals cannot absorb the surplus. Crude oil prices have surged amid supply disruptions from the Iran war, prompting drillers to...
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Turkey’s Diesel Tax Buffer Evaporates Amid Booming Oil Prices and Refinery Margins
Turkey eliminated the special consumption tax (OTV) on diesel on 20 March, causing the tax buffer to disappear as oil prices and refinery margins surge. The government’s “echelle mobile” mechanism now deducts 75 % of required price hikes from OTV, leaving the...
Is Occidental Petroleum (OXY) The Best Energy Stock to Buy Now?
Occidental Petroleum (OXY) has risen to #7 on a Warren Buffett‑style stock list, buoyed by Berkshire Hathaway’s roughly 29% stake and a $9.7 billion chemicals acquisition. The company is pivoting from a conventional oil producer to a carbon‑removal leader, with its...
Vermont Utility Makes It Easier than Ever to Add a Home Backup Battery
Vermont utility Green Mountain Power (GMP) has expanded its virtual power plant offering by adding Enphase’s fourth‑generation IQ Battery to its Energy Storage Solutions Program. Customers can lease the battery for $55 a month or purchase it for $5,500, joining...
This Nuclear Energy Stock Is Rising as Oil Tops $119 Per Barrel
Oil prices have surged to $119 per barrel amid Middle‑East tensions, prompting investors to reassess energy exposure. Nuclear‑focused Cameco (CCJ) is gaining attention after signing a $2.6 billion uranium supply deal with India and leveraging its 49 % stake in Westinghouse. The...
Physicists Created an Electron 'Catapult' That Moves Particles at 'Extraordinary' Speed
Physicists at the University of Cambridge have observed ultrafast electron transfer in an organic solar cell that occurs in just 18 femtoseconds, driven by a single molecular vibration acting like a catapult. Using a dual‑laser pump‑probe technique, they showed that...
How Fusion Power Works and the Startups Pursuing It
Fusion startups have collectively secured more than $10 billion, with over a dozen raising over $100 million each, accelerating the race to commercial reactors. Companies like Commonwealth Fusion Systems aim to light their SPARC demo by late 2026 and begin building a...
Hedge Fund Sees 31% Gain From Oil-Stock Bet Before Prices Surged
Old West Investment Management dramatically increased its exposure to energy equities when crude oil hovered around $60 a barrel in early 2026. The firm’s flagship hedge fund posted a 31% year‑to‑date gain by the end of February, well before the...
Iran Says Ready to Discuss Hormuz Passage with Japan
Iranian Foreign Minister Abbas Araqchi told Kyodo News that Tehran will discuss safe passage through the Strait of Hormuz with Japan and any nation that has not attacked Iran. He emphasized the strait remains open for non‑enemy vessels, while it...
Gulf Producers Urge US to Tackle Hormuz Closure Head-On
Gulf oil producers are urging the United States to confront the Hormuz blockage directly, warning that temporary "oil‑on‑water" licences aid Iran while constraining regional exporters. They cite roughly 140 million barrels of Iranian crude stranded at sea and argue that without...
Egypt's Renergy Group May Establish Data Center Alongside Its Green Energy Projects in Sinai Peninsula
Egypt's Renergy Group is planning a $15 billion green hydrogen and solar power complex in the El‑Tor area of the Sinai Peninsula, covering 127 sq km and featuring 15 GW of solar capacity to produce roughly 400,000 tons of liquid green hydrogen annually for European...
Crude Awakening
The Cboe Crude Oil ETF Volatility Index (OVX) has surged to 108, roughly three times its level at the start of 2026, as the U.S.-Israeli conflict with Iran disrupts about 20% of Persian Gulf oil output. This spike eclipses volatility...
Oil Is Down Today, Up Tomorrow. Here's Why I'm Not Worried.
Oil prices have swung sharply since the U.S. and Israel struck Iran, reacting to tanker attacks and optimistic reports about reopening the Strait of Hormuz. The analyst holds Chevron, Canadian Natural Resources and ConocoPhillips, whose earnings rise roughly $600 million per...
India Hits 1 Billion Tonne Coal Output Again, Boosts Energy Security
India’s coal ministry announced that the country produced a second consecutive 1 billion‑tonne haul of coal on March 20, 2026, marking a repeat of the 2025 milestone. The surge in output has helped thermal power plants maintain record coal inventories, cushioning the grid...
Susan Collins and Climate Change: ‘The Silence Is Deafening’
Sen. Susan Collins defended the EPA’s abrupt cancellation of $7 billion in Solar for All grants, which would have helped 20,000 low‑income Maine households, while simultaneously emphasizing the Inflation Reduction Act’s partisan origins. Despite a 31% score from the League of...
Trendsetter Installs Tethered BOP for Deepwater U.S. Gulf Well Stability
Trendsetter Vulcan Offshore (TVO) has installed a tethered blowout preventer (TBOP) system in approximately 4,000 ft of water in the U.S. Gulf, using a modified Hercules™ technology to combat wellhead fatigue on soft‑seabed sites. The TBOP employs four polyethylene tethers anchored...
Vietnam Advances Offshore Gas Project with Development Approval
Jadestone Energy has secured Vietnamese government approval for the field development plan covering the Nam Du and U Minh offshore gas discoveries. The approval enables the company to book initial 2P reserves of roughly 32 MMboe and to pursue farm‑in partners. The project...
Equatorial Guinea Unveils Reprocessed Offshore Seismic Data to Boost Exploration
Equatorial Guinea released a reprocessed offshore seismic dataset covering over 7,300 km, using broadband Pre‑Stack Depth Migration and Full Waveform Inversion to improve imaging. Developed by Searcher with the Ministry of Mines and Hydrocarbons, the data aims to lower exploration risk...
North Africa Power Interconnectors Emerge as New Energy Link to Europe
Europe is expanding its energy mix by adding North African electricity to its supply chain, complementing traditional oil and gas links. The planned ELMED subsea cable will connect Tunisia and Sicily, delivering up to 600 MW of power bidirectionally. Libya is...
3 Natural Gas Names to Watch as a Global Supply Shock Builds
Global LNG supply disruptions, highlighted by Qatar’s Ras Laffan plant shutdown, have removed roughly 14 % of monthly forecast capacity, pushing European natural‑gas prices up about 65 % to multi‑year highs. The tightening market creates investment opportunities in un‑hedged upstream firms and commodity‑focused...
Tesla Plans Entry Into India’s Energy Storage Market
Tesla announced it is hiring a business‑development lead to launch utility‑scale energy storage in India, signalling a move beyond its modest electric‑vehicle sales. The company will likely introduce its Megapack and Powerwall systems to tap the rapidly expanding solar‑plus‑storage market....
EU Member States Urged to Lower Gas-Storage Targets Due to Iran War
The European Commission has asked EU member states to cut their natural‑gas storage target to 80% of capacity, ten points below the official goal, and to begin refilling reserves gradually. The request follows a sharp 35% surge in European gas...
India & China “Bypass” Iran’s Near-Blockade of Strait of Hormuz; Secure Exceptions as Oil Traffic Drops By 95%
Iran has effectively sealed the Strait of Hormuz, slashing daily oil‑tanker traffic by roughly 95% since early March 2026. The closure has pushed crude prices above $100 a barrel and disrupted about 20% of global oil and LNG flows. Despite...
Iran Ready to Let Japanese Vessels Transit Hormuz, Kyodo Reports
Iran has signaled willingness to permit Japanese‑flagged vessels to transit the Strait of Hormuz, a key conduit for global oil shipments. The offer follows phone talks between Iranian Foreign Minister Abbas Araqchi and Japanese officials amid heightened tensions from the...
Hongkongers Are Suffering as Oil Prices Spike. There’s a Better Way to Help Them.
Oil prices have surged amid the Iran war, sharply raising fuel costs for Hong Kong’s truckers, cab drivers and commuters. Lawmakers have urged the government to introduce temporary fuel subsidies to ease the burden. The opinion piece argues that subsidies...
Nordeco Urged to Block Davao Light’s Takeover of Assets
Nordeco, a long‑standing electric cooperative in Davao, retains franchise rights until 2028 on the mainland and 2033 on Samal Island, giving it legal standing to challenge Davao Light’s asset takeover. A recent court ruling granted Davao Light temporary possession of...
Hormuz Shock Hits India's Oil Lifeline
India’s crude oil imports plunged 23% in the first half of March as the Strait of Hormuz remained closed, sharply curtailing Gulf deliveries. Refiners responded by nearly doubling purchases from Russia, which now accounts for about 44% of total imports,...
Industrial Diesel Gets Costlier by ₹22/Litre Amid Iran War
State‑run oil firms raised bulk diesel prices by roughly ₹22 per litre, a 25 percent jump, to cushion soaring crude costs linked to the Iran war. Retail premium petrol saw a modest ₹2 per litre increase while regular grades stayed unchanged....
Cambodia Boosts Fuel Imports From Singapore, Malaysia
Cambodia is ramping up fuel imports from Singapore and Malaysia to offset shortages triggered by the ongoing Middle‑East conflict. After a peak where roughly one‑third of its 6,300 stations temporarily closed, closures have fallen to 5.77 %. Imports of gasoline and...
Feds Rip California Law Regulating Oil and Gas Drilling
The U.S. Justice Department has sued California over Senate Bill 1137, which bars new oil and gas wells within 3,200 feet of homes, schools and hospitals on federal land. The government seeks a preliminary injunction, arguing the law infringes federal...
Coal Units Restarted to Curb Electricity Costs
Thailand's Energy Regulatory Commission ordered the state‑run Electricity Generating Authority of Thailand (Egat) to restart two decommissioned units at the Mae Moh lignite plant, adding roughly 600 MW to its output. The decision targets soaring liquefied natural gas (LNG) prices, which...
How the Iran War Reveals the Extent of Fossil Fuel Propaganda
Oil prices are edging toward $100 a barrel for Brent crude as the Iran war disrupts the Strait of Hormuz, pushing national gasoline averages to $3.91 and squeezing low‑income households. Economists warn the ripple effect will raise costs for everything...
Fusion Advocates Cite Hormuz Crisis in Call for Investment, Support
Fusion industry leaders convened in Washington, highlighting the Strait of Hormuz crisis as a stark illustration of the vulnerabilities inherent in today’s fossil‑fuel dependent energy system. They argued that commercial nuclear fusion could deliver continuous, carbon‑free power, eliminating geopolitical supply...
Qatar's Prolonged Force Majeure Could Hit Many Offtakers
QatarEnergy announced it will invoke a multiyear force majeure on several long‑term LNG contracts after two of its export trains were struck by Iranian missile attacks. The suspension affects key offtakers across Asia and Europe, potentially curtailing deliveries for years....
Warren Buffett Bought 8 Million Shares of This Oil Giant and $100 Oil Proves Him Right
Warren Buffett’s Berkshire Hathaway increased its Chevron holding to roughly 130 million shares, representing about 7.24% of the conglomerate’s equity portfolio and elevating CVX to a top‑five position. The purchase was made in Q4 2025, before Brent crude surged toward $100 a...
US LNG Sector Sees Risks From Surge in Prices
The war in Iran and attacks on Qatar's Ras Laffan terminal have driven European spot LNG prices above $20 per million British thermal units, more than double pre‑conflict levels. This price surge fuels concerns that volatility could erode buyer confidence...
US Largely Insulated From Global Gas Market Upheaval
The United States has remained largely untouched by the recent turmoil in global gas markets caused by the Middle East conflict. Domestic natural‑gas production is at a record high, and LNG export terminals are operating near full capacity. Spot gas...
Qatar's US-Based Golden Pass to Provide Limited Wartime Help
QatarEnergy's Golden Pass LNG, its first liquefaction plant outside the Middle East, is slated to begin shipments from Texas next week. The plant could help narrow the global LNG shortfall caused by the unexpected shutdown of Qatar's flagship Ras Laffan export...
Oil Price Surge May Not Drive Permian Gas Production Surge
Rising geopolitical tensions in the Strait of Hormuz and attacks on Middle East energy infrastructure have driven oil and natural gas prices to new highs. Despite the price surge, operators in the Permian Basin are not accelerating associated gas production,...
US Gas in Crosshairs Amid Preelection Data Center Uproar
The AI boom is turning data centers into a major source of electricity and natural‑gas demand in the United States. Large‑scale training clusters rely on gas‑fired backup generators, adding significant load to the gas system. However, grassroots opposition to new...
Market View: Pipe Outages Push Permian Gas Prices Underwater
West Texas natural‑gas prices have plunged to historic lows as a combination of robust Permian output, seasonally weak demand, and unexpected pipeline outages throttles transportation capacity. The bottleneck forces producers to offer cash incentives for customers to take gas that...
Argentina's LPG Exports to India More than Double
Argentina exported 50,000 metric tonnes of LPG to India in the first quarter of 2026, more than double the 22,000 tonnes shipped to the country in all of 2025. The surge reflects Argentina’s steady rise in LPG output, which reached...
A Gas Plant Proposal for Rural Virginia Gets Local Land Use Approval
Fluvanna County’s Board of Supervisors approved a 4‑1 vote for Tenaska’s 1.5‑gigawatt Expedition Generating Station, a natural‑gas plant, granting a special‑use permit, higher smokestack allowances, and restrictive covenants. The deal promises roughly $250 million in tax revenue and includes a $5 million...
The Startup That Cracked the Code for Commercial Thermal Batteries
Fourth Power, founded by MIT professor Asegun Henry, announced a breakthrough thermal‑battery design that uses molten metal as the heat‑transfer medium stored in carbon bricks. The system operates at 1,900‑2,400 °C, delivering markedly higher power density and allowing the unit to...
Trump Admin Targets 1 Million Acres of California Public Lands for Drilling, Putting Yosemite’s Backyard at Risk
The Bureau of Land Management, under the Trump administration, has released two plans to open more than one million acres of California public lands to oil and gas drilling and fracking, including areas adjacent to Yosemite, Sequoia, and other national...
Oil Surges as Iran War Escalates
Oil prices surged as the Iran‑U.S. conflict entered its third week, pushing Brent crude above $112 per barrel, the highest level since July 2022. The near‑closure of the Strait of Hormuz, which handles about 20% of global oil shipments, and...
Iraq Advises Foreign Firms to Curb Output
Iraq has instructed international oil companies operating in the country to curb output, invoking force majeure retroactively to March 3 because export routes through Basrah are effectively blocked. The loss of roughly 3.4 million barrels per day of export capacity follows a...
Texas Grid Rethinks Rules as Data Centers Surge
Texas grid operator ERCOT is overhauling its interconnection process to cope with a surge of data‑center, crypto‑mining and other large‑load projects that total over 200 GW of pending requests. The new "Batch Zero" framework groups all projects of 75 MW or larger...
Korea Electric Power Corporation (KEP): Smart Electric Life Launch and Robust FY2025 Earnings
Korea Electric Power Corporation (KEPCO) unveiled the Smart Electric Life platform, consolidating 39 energy‑related services that were previously scattered across seven government and utility agencies. The digital hub features tools such as “Find My Benefits,” bill‑simulation calculators, and the Plus...