Energy News and Headlines
Energy News and Headlines
Energy Pulse
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
ADNOC and OMV have launched Borouge Group International (BGI), consolidating their polyolefins assets under a new joint venture. NOVA Chemicals CEO Roger Kearns will lead BGI as chief executive, while ADNOC finalizes its acquisition of NOVA Chemicals this month. The JV combines OMV‑owned Borealis (75% owned by OMV, 25% by ADNOC) and ADNOC‑controlled Borouge, creating a globally diversified polyolefins platform across three continents. Senior executives from Borealis and Borouge have been reassigned to key roles within BGI to ensure continuity and commercial strength.
New Mangalore Port will receive the Aurora tanker carrying Iranian LPG, marking India’s first post‑sanctions import from Tehran. The cargo, slated for Confidence Petroleum, follows a temporary U.S. suspension of sanctions on Iranian petroleum exports. Additional LPG shipments from Hellas...
More than 30 onshore wind farms, totaling roughly 7.5 GW, are stalled as the Pentagon’s routine radar‑interference reviews remain unsigned. The delays threaten the power supply needed for data centers that are central to the United States’ AI ambitions. Renewable trade...
Commercial electricity prices have jumped 19% since 2019, reaching 12.8 cents per kilowatt‑hour, while industrial rates hit 8.1 cents/kWh, driving unprecedented cost volatility for C&I firms. Traditional procurement and efficiency measures no longer shield margins, prompting a shift toward Distributed Energy Resource...
AI‑driven data centers are scaling to gigawatt‑size campuses, straining grid capacity and prompting developers to prioritize power availability over traditional site factors. A 2026 Bloom Energy report shows developers are moving to new regions and increasingly adopting dedicated onsite generation,...
Geothermal Engineering Ltd (GEL) has deployed Watson‑Marlow 630 and Qdos peristaltic pumps to dose acids, alkalis and transfer lithium brine at its United Downs geothermal‑lithium plant, which began commercial zero‑carbon lithium carbonate production in February 2026. The pumps provide precise,...
Fraunhofer ISE demonstrated that metallurgical gases from Thyssenkrupp’s Duisburg steel plant can be turned into methanol in a pilot plant, leveraging a digital twin to fine‑tune the process. Over 5,000 operating hours, the simulation identified optimal inlet temperature, recycle ratio...
UKA Group and Nordex Group have commissioned the 68 MW Mahlsdorf wind farm in Brandenburg, Germany, using ten N175/6.X turbines—the first global deployment of this 6.8 MW model. Each turbine sits on a 179‑metre hybrid tower with a 175‑metre rotor, designed to...
The article advocates a "capped carbon overdraft"—a time‑limited, low‑emissions gas‑fired capacity that backs up Africa’s renewable rollout. Power‑system studies in Nigeria, Mozambique and Southern Africa show that flexible gas plants deliver the cheapest long‑term mix when paired with solar and...
Denmark’s Greensand Future project is converting legacy North Sea oil wells into carbon‑capture storage wells at the Nini West field, roughly 240 km northwest of Esbjerg. The initiative follows a 2022 permit for up to 15,000 t of CO₂ injection and the...
Gujarat has operationalised more than 193 institutional biogas plants over the past five years, collectively producing 13,995 m³ of biogas each day. The Gujarat Energy Development Agency subsidises these projects, and the state budgeted a ₹12 crore (approximately $1.45 million) allocation for 2026‑27....
Australian startup WinDC, together with US‑based Armada, will install 11 MW of modular, container‑sized data centers at solar, wind and battery sites across New South Wales and Western Australia. The portable units run entirely on renewable power, can be moved by...
RWE has secured planning approval from Germany’s Federal Maritime and Hydrographic Agency for the Nordseecluster B offshore wind expansion, adding 900 MW to its existing 660 MW Phase A. The combined 1.6 GW complex, located 50 km north of Juist and 46 km north of Borkum, is...
State‑run Oil and Natural Gas Corporation (ONGG) has begun monetising gas from Platform B‑12‑24P of its $1 billion Daman Upside Development Project (DUDP) in the Arabian Sea. The platform is now feeding gas to the Hazira processing plant, marking the first commercial...
Escalating conflict between the U.S., Israel and Iran has damaged Gulf energy infrastructure and closed the Strait of Hormuz, costing the region roughly $1 billion daily in lost export revenue. The heightened geopolitical risk is forcing Western oil majors to reassess...
Taiwan’s Ministry of Economic Affairs has opened applications for a new offshore wind auction offering 3.6 GW of capacity, with submissions accepted from April 1 to September 30 and project selections slated for year‑end. The third‑phase programme targets grid connection by 2030‑31 and...
A webinar hosted by Energy‑Storage.news highlighted the rapid transition of grid‑forming (GFM) technology from a niche solution to a baseline requirement across European power markets. Speakers from Fluence and Modo Energy explained how inverter‑dominated grids are driving new interconnection standards and...
Gloucester, Massachusetts will decommission its two remaining on‑shore wind turbines after roughly 13 years of operation. The turbines had supplied between 50% and 70% of the city’s municipal electricity under a 25‑year power purchase agreement and generated annual revenues that...
South Korea is weighing a nationwide driving‑curb policy if global crude oil prices climb to roughly $120‑$130 per barrel, up from the current $100‑$110 range. The measure would extend the current public‑sector vehicle rotation system, marking the first country‑wide restriction...
Jadestone Energy reported that Cyclone Narelle, a Category 5 storm with winds over 200 km/h, damaged its Stag offshore oil field in Western Australia. The company shut down the platform on March 23, demobilised it, and discovered damage upon return on March 28. Jadestone...
DatacenterDynamics (DCD) has partnered with engineering consultancy AFRY to embed AFRY’s proprietary energy market data and modelling into the upcoming DCD Intelligence platform. The integration adds wholesale electricity price forecasts through 2030, renewable capture prices, demand outlooks, fuel price trajectories...
Donald Trump announced he would "take" Iran's oil, hinting at a direct seizure of the Kharg Island export hub. The Pentagon is reportedly preparing weeks‑long ground operations, with thousands of troops redeployed to the Middle East. The threat has lifted...
Chinese researchers have unveiled a lithium‑metal battery that surpasses 700 Wh/kg energy density at room temperature and retains about 400 Wh/kg at -50 °C. The new electrolyte replaces oxygen with fluorine, boosting ion conductivity and stability. Integrated into a FAW Hongqi prototype, the...
European markets opened lower on Monday but quickly split, with Germany's DAX barely down 0.04%, while the FTSE 100 rose 0.59% and France's CAC 40 edged up 0.05%. The divergence follows a 50% jump in Brent crude since the Iran...
The UK government has mandated that all rental properties in England and Wales achieve a minimum Energy Performance Certificate (EPC) rating of C by October 1, 2030. The National Residential Landlords Association (NRLA) warns the target is unlikely to be met because...
The Iran‑Iran war has driven U.S. gasoline prices above $6 a gallon, underscoring the volatility of oil‑based transport. Electric vehicles (EVs) still cost roughly 5 cents per mile versus 12 cents for gasoline cars, a gap that widened as fuel prices spiked....
Japan has asked the Ogasawara village mayor to survey the remote Minamitorishima island as a potential high‑level radioactive waste repository, joining similar inquiries in Hokkaido. The island, 1,900 km southeast of Tokyo, has no permanent residents but hosts a small military...
Oil prices jumped above $116 a barrel on Sunday as Iran‑backed Houthi militants fired missiles and drones at Israel, extending the conflict into its fifth week. Brent crude rose 3.3% to $116.25, while U.S. WTI climbed about 3% to nearly...
GE Vernova CEO highlighted the company's diversified technology portfolio—gas turbines, wind turbines, grid solutions and small modular reactors—to help Vietnam meet soaring electricity demand while decarbonizing. Vietnam targets expanding its installed capacity from 90 GW today to over 200 GW by 2030,...
At the UK‑Vietnam Green Investment Forum, industry leaders agreed that Vietnam’s renewable energy sector has the technology and capital but lacks a mature regulatory framework to turn projects into bankable investments. PwC Vietnam highlighted a shift from traditional corporate lending...
More than 100 Chinese companies, including battery giant CATL and EV maker BYD, are racing to mass‑produce perovskite solar cells. The sector already boasts gigawatt‑scale production lines, such as UtmoLight’s 1.8 million‑cell annual facility and GCL Optoelectronic’s $724 million plant targeting 2 GW....
Brent crude rose above $115 a barrel, up $3 over the weekend, as the Middle East war entered its fifth week. The conflict, which began on February 28 with Israeli and U.S. airstrikes in Iran, has tightened global oil supplies....
Australia’s CSIRO, together with RMIT and the University of Melbourne, unveiled the world’s first quantum‑battery prototype that successfully demonstrated a complete charge‑store‑discharge cycle. The device uses a laser‑excited organic microcavity to store energy in quantum states, achieving theoretically faster charging...
A heating‑company survey of 1,000 UK adults finds that 48% of buyers would pay an average 7.61% premium for homes equipped with solar panels, with millennials willing to add 10.46%. The willingness varies by region, peaking at 11.23% in Yorkshire...
After three weeks at sea, the Russian‑flagged tanker Anatoly Kolodkin, loaded with about 730,000 barrels of crude (roughly $62 million), arrived off Cuba on March 31. Despite a Trump‑era embargo, the U.S. administration quietly permitted the ship to dock, ending Cuba’s oil...
The Strait of Hormuz blockade is pushing oil and natural‑gas prices higher, which in turn is inflating fertilizer costs. The article spotlights three commodity‑linked stocks that could benefit: CF Industries, whose North‑American gas access fuels strong earnings of $1.46 billion in...
Oil markets opened the week on a bullish note, with Brent crude climbing about $2.70 to roughly $115.30 a barrel and U.S. West Texas Intermediate rising $2.35 to near $102 per barrel. The gains came as U.S. equity index futures...
The United States has authorized a Russian‑flagged tanker, the Anatoly Kolodkin, to deliver between 650,000 and 730,000 barrels of crude oil to Cuba, temporarily easing a long‑standing de facto oil blockade. The move coincides with a broader, short‑term relaxation of Russia‑related...
Deputy Foreign Minister Josefina Vidal Ferreiro warned that Cuba will resist escalating U.S. pressure, including intensified sanctions that have crippled the island’s fuel supply and triggered widespread blackouts. The U.S. has threatened further action, with President Donald Trump suggesting Cuba...
Australia faces a deepening petrol crisis as more than 500 service stations have run out of at least one fuel type, driving prices sharply higher. The shortage stems from the war sparked by the US and Israel in Iran and...
UK energy experts say a two‑minute boiler tweak can cut gas bills by roughly £325 (about $406) a year. By lowering the boiler’s flow temperature to around 60 °C and enabling summer mode, households keep modern condensing boilers in their most...
PetroChina reported 2025 revenue of ¥2.86 trillion (≈$401 bn) and profit attributable of ¥157.3 billion (≈$22 bn), despite a 14.6% drop in Brent prices. Free cash flow rose 15.2% to ¥120.2 billion (≈$16.8 bn) and the debt‑to‑asset ratio improved to 36.4%. The company paid a record...
Russia banked on a windfall after oil prices spiked when the Strait of Hormuz closed and the United States briefly eased sanctions on its crude. The surge lifted Urals prices near Brent, temporarily rescuing a revenue stream that had collapsed...
Africa still has 600 million people without electricity, and demand will surge as the population is set to double by 2050. To meet needs, the continent must increase power‑generation capacity ten‑fold by 2065 and upgrade grid infrastructure. Financing gaps are acute;...
The Philippines declared a national energy emergency on March 24 after the Iran‑Houthi war choked oil flow through the Strait of Hormuz, slashing fuel reserves to 45 days and forcing emergency oil purchases, a crackdown on hoarding, and a rapid shift...
India's Bihar state government plans to list its power transmission arm, Bihar State Power Transmission Company Ltd (BSPTCL), on the NSE, making it the first state‑owned transmission utility to go public. The IPO will fund a ₹16,194 crore (≈$1.95 billion) transmission expansion...
U.S. and Israeli strikes have severely damaged more than 40 oil and gas assets across nine Middle Eastern countries, prompting a looming reconstruction boom. The International Energy Agency likens the fallout to the 1970s oil shocks combined with the Russia‑Ukraine...
The EPA has cancelled the 2024 rebate round of the Clean School Bus Program, leaving roughly $2.3 billion in funding still available. Although the Bipartisan Infrastructure Law mandates that at least 50 percent of those funds support zero‑emission vehicles, the agency is...
A February 24 explosion at a hydrogen trailer yard in Colton killed one technician and injured another, prompting an immediate halt to compressed‑hydrogen truck operations across California. Safety protocols forced the withdrawal of all such trucks, freezing the state’s gaseous supply...
Entergy’s shares have surged more than 30% over the past year as data‑center demand fuels a robust capital‑expenditure cycle. The company secured a power‑purchase agreement with Meta that adds 5.2 GW of new capacity while transferring construction risk to the tech...
