Energy News and Headlines

Petronas Confirms Gas Condensate Discovery Offshore Indonesia
NewsMar 13, 2026

Petronas Confirms Gas Condensate Discovery Offshore Indonesia

Petronas has confirmed a gas condensate discovery at the Barokah‑1 wildcat in the North Ketapang block offshore East Java, Indonesia. The well tested at depths of around 2,730‑2,770 metres and is projected to produce roughly 12 million cubic feet of gas and...

By Upstream Online
“It Is Paramount:” AEMO Says System and Market Operator Functions Must Be Kept Together
NewsMar 13, 2026

“It Is Paramount:” AEMO Says System and Market Operator Functions Must Be Kept Together

The Australian Energy Market Operator (AEMO) is lobbying to keep its system‑operation and market‑operation functions combined as a comprehensive governance review looms. AEMO’s chair and CEO argue that a unified structure ensures security, reliability, and a whole‑of‑system perspective essential for...

By RenewEconomy
Powerful New Rooftop Solar Panel Promises System Sizes “Previously Out of Reach”
NewsMar 13, 2026

Powerful New Rooftop Solar Panel Promises System Sizes “Previously Out of Reach”

Chinese solar maker Aiko has secured Clean Energy Council approval for its new ABC 60‑cell rooftop panel, delivering up to 545 W – roughly 24% more power than the average Australian module. The higher‑output panel lets homeowners pack more capacity onto...

By RenewEconomy
Webinar: The New Era of Home Energy Storage in Australia
NewsMar 13, 2026

Webinar: The New Era of Home Energy Storage in Australia

GoodWe hosted a webinar on March 13, 2026 to unveil its ESA All‑in‑One residential energy storage system, available in single‑phase and three‑phase formats. The session also dissected recent revisions to the Federal Government’s Cheaper Home Batteries Program, highlighting new sizing...

By RenewEconomy
Alabama Poised to Drastically Overhaul Utility Regulation. Will It Lower Electric Bills?
NewsMar 13, 2026

Alabama Poised to Drastically Overhaul Utility Regulation. Will It Lower Electric Bills?

Alabama lawmakers are pushing sweeping utility reforms as residential electricity bills rank among the nation’s highest. The Senate’s SB 360 would enlarge the Public Service Commission to seven members, create a governor‑appointed Secretary of Energy, and freeze rate increases through 2029....

By Inside Climate News
Offshore Wind Installation Tech Promises to Change Logistics Game, Cut Reliance on Deep-Water Ports
NewsMar 13, 2026

Offshore Wind Installation Tech Promises to Change Logistics Game, Cut Reliance on Deep-Water Ports

Feederdock, a split‑vessel offshore wind installation system developed by ONP Management and Renewable Resources International, is set to enter the Australian market with Energy Estate as exclusive advisor. The concept pairs a heavy‑lift jack‑up vessel with shallow‑draught feeder ships, delivering...

By RenewEconomy
Climate Tech Startup MGA Thermal Raises $17 Million
NewsMar 13, 2026

Climate Tech Startup MGA Thermal Raises $17 Million

Australian climate‑tech startup MGA Thermal announced a $17 million financing round, bringing its total capital raised to $50 million. The round was led by IP Group Australia, with board seat for Shane Meaney, and included a mix of venture firms and government...

By Startup Daily (ANZ)
Russian Oil Purchase Allowed… for Now — Scott Bessent Announces ‘Short-Term’ Licence as Crude Prices Rise Amid Iran War
NewsMar 13, 2026

Russian Oil Purchase Allowed… for Now — Scott Bessent Announces ‘Short-Term’ Licence as Crude Prices Rise Amid Iran War

U.S. Treasury Secretary Scott Bessent announced a short‑term general licence that lets countries buy Russian crude already stranded at sea, aiming to ease the price surge triggered by the U.S.-Israel‑Iran conflict. The licence covers oil loaded onto vessels by March 12...

By Mint (India) – Economy
Dynagas LNG Partners LP (DLNG) Q4 2025 Earnings Call Transcript
NewsMar 13, 2026

Dynagas LNG Partners LP (DLNG) Q4 2025 Earnings Call Transcript

Stabilis Solutions reported a 23% drop in Q4 2025 revenue and a sharp decline in adjusted EBITDA to $1.5 million, driven by the wind‑down of two multiyear marine bunkering and power‑generation contracts. Despite the downturn, the company secured a $200 million, two‑year...

By Motley Fool – Earnings Transcripts
Home Heating Oil and LPG Crisis Update: Our Dossier for the Government Based on the Issues YOU Reported in Your...
NewsMar 13, 2026

Home Heating Oil and LPG Crisis Update: Our Dossier for the Government Based on the Issues YOU Reported in Your...

The MoneySavingExpert dossier highlights a deepening home heating oil and LPG crisis in the UK, with wholesale oil prices climbing roughly 30% year‑on‑year and widespread LPG shortages impacting over 200,000 households. The report aggregates thousands of consumer complaints, showing a...

By MoneySavingExpert (UK)
Russian Power Entities Appear Plagued by Financing Troubles in Central Asia
NewsMar 13, 2026

Russian Power Entities Appear Plagued by Financing Troubles in Central Asia

Russia's state‑linked power firms are hitting financing snags across Central Asia, prompting a rapid loss of lucrative contracts. Kazakhstan abandoned a Russian consortium for China’s Harbin Electric, slashing project costs by nearly $500 million. In 2025, Inter RAO forfeited three Kazakh power‑plant...

By Eurasianet
Gas Prices Compared to 70's Oil Crisis
NewsMar 12, 2026

Gas Prices Compared to 70's Oil Crisis

A Reddit user compared today’s gasoline prices to the 1973 and 1979 oil crises, noting that inflation‑adjusted prices then averaged about $4.85 per gallon. In contrast, Ohio’s current pump price is roughly $3.25, roughly 50 % lower than the 1970s peak....

By AnandTech
Empowering Engineers With Greater Design Flexibility and Integrated Steam System Performance
NewsMar 12, 2026

Empowering Engineers With Greater Design Flexibility and Integrated Steam System Performance

Emerson will unveil its latest fuel‑gas and fuel‑oil safety shut‑off valve solutions at the 2026 ABMA Boiler Expo, emphasizing greater design flexibility, installation freedom, and lower total cost of ownership. The new configurations combine pressure regulation, high‑flow capability, and alternative‑fuel...

By Manufacturing Tomorrow
Rex International Reports February Production Across Norway, Oman, Germany
NewsMar 12, 2026

Rex International Reports February Production Across Norway, Oman, Germany

Rex International posted an average February 2026 production of 10,300.1 barrels of oil equivalent per day (boed) from its Norway, Oman and Germany assets. The Brage field in offshore Norway, where Lime Petroleum holds a 33.84% stake, generated roughly 9,510...

By World Oil – News
FET Launches Remote ROV Control Station for Subsea Operations
NewsMar 12, 2026

FET Launches Remote ROV Control Station for Subsea Operations

Forum Energy Technologies (FET) unveiled a remote control station that lets operators run ROVs from virtually any location using its ICE® Unity platform. The solution bundles advanced control chairs, a Remote‑Connect gateway and VisualSoft streaming software, and can be added...

By World Oil – News
Petrobras Awards $736 Million Subsea Vessel Contracts to Oceânica
NewsMar 12, 2026

Petrobras Awards $736 Million Subsea Vessel Contracts to Oceânica

Oceânica Engenharia secured long‑term offshore service contracts with Petrobras valued at about $736 million (R$4.2 billion). The deals cover the SDSV vessels Oceanicasub IV, V, VII, IX and add Oceanicasub VI while renewing Oceanicasub VIII, providing subsea inspection, maintenance and ROV capabilities. Contracts run four...

By World Oil – News
Equinor Prepares to Drill Rosebank Field in UK North Sea
NewsMar 12, 2026

Equinor Prepares to Drill Rosebank Field in UK North Sea

Equinor is set to commence drilling on the Rosebank field in the Faroe‑Shetland Channel, marking a major milestone for one of the UK Continental Shelf's largest undeveloped projects. The first phase will involve four production wells and three water‑injection wells,...

By World Oil – News
TotalEnergies Restarts Libya’s Mabruk Oil Field After Decade-Long Halt
NewsMar 12, 2026

TotalEnergies Restarts Libya’s Mabruk Oil Field After Decade-Long Halt

TotalEnergies has resumed production at Libya’s Mabruk oil field, an onshore asset that has been idle since 2015. The restart follows the commissioning of a new 25,000‑barrel‑per‑day processing facility that came online on Feb. 28, 2026. TotalEnergies holds a 37.5% interest...

By World Oil – News
Assala Energy Reports Hydrocarbon Discovery at Magoga-A Well Offshore Gabon
NewsMar 12, 2026

Assala Energy Reports Hydrocarbon Discovery at Magoga-A Well Offshore Gabon

Assala Energy announced a hydrocarbon discovery at the offshore Magoga‑A well in Gabon's Mutamba Iroru Licence II, with an estimated 8 metres of hydrocarbon‑bearing pay in the Gamba Sandstone formation. The well also sidetracked into the adjacent Atora licence, confirming hydrocarbons within...

By World Oil – News
New Rules Loom for Home Solar and Batteries, as World’s Biggest Isolated Grid Tackles “Unique Challenge”
NewsMar 12, 2026

New Rules Loom for Home Solar and Batteries, as World’s Biggest Isolated Grid Tackles “Unique Challenge”

Western Australia will raise inverter connection limits to 30 kW from 1 May 2026, allowing larger rooftop solar and battery systems on the South West Interconnected System (SWIS). The rule change also mandates compliance with AS/NZS 4777.2 for undervoltage ride‑through and remote disconnect capability...

By RenewEconomy
US Using Swaps to Enable SPR Refill Plan: Wright
NewsMar 12, 2026

US Using Swaps to Enable SPR Refill Plan: Wright

President Donald Trump’s administration plans to use commodity swaps to offset a 172 million‑barrel emergency drawdown from the Strategic Petroleum Reserve, aiming to add over 200 million barrels back within a year at no cost to taxpayers. The swaps would exploit the...

By Argus Media – News & analysis
Global Baku Forum Opens with Iran War Raging Across the Border
NewsMar 12, 2026

Global Baku Forum Opens with Iran War Raging Across the Border

The Global Baku Forum opened under the shadow of the Iran war, with Azerbaijan pledging to increase gas supplies to the EU to offset Gulf disruptions. President Ilham Aliyev warned that rising oil prices—now above $100 a barrel—threaten consumers and...

By Euronews – Business
DOE Unveils Initiative to Add 5 GW of Nuclear Capacity Through Uprates and Restarts
NewsMar 12, 2026

DOE Unveils Initiative to Add 5 GW of Nuclear Capacity Through Uprates and Restarts

The U.S. Department of Energy announced the Utility Power Reactor Incremental Scaling Effort (UPRISE), targeting 2.5 GW of additional nuclear capacity by 2027 and 5 GW by 2029 through power uprates, plant restarts, and life‑extension upgrades. The program taps the DOE’s $289 billion...

By POWER Magazine
VAALCO Energy, Inc. Announces Fourth Quarter and Full Year 2025 Results
NewsMar 12, 2026

VAALCO Energy, Inc. Announces Fourth Quarter and Full Year 2025 Results

Vaalco Energy reported FY 2025 results with net sales of 6,370 MBOE and a net loss of $41.4 million, while generating $173.4 million of Adjusted EBITDAX and $212.7 million of operating cash. Production averaged 16,556 NRI BOEPD, surpassing guidance, and the company sold 17,452 NRI BOEPD. It secured a...

By GlobeNewswire – Earnings Releases
Energy Under Attack: What the Gulf Can Learn From Ukraine and Iraq
NewsMar 12, 2026

Energy Under Attack: What the Gulf Can Learn From Ukraine and Iraq

Iranian forces struck Qatar's Ras Laffan LNG hub and a Saudi oil facility, underscoring that Gulf energy assets are now frontline targets. The attacks follow a pattern set by the 2019 Abqaiq strikes and highlight the vulnerability of export‑centric infrastructure. Iraq’s...

By Atlantic Council – All Content
U.S. Department of Energy Announces $1.9 Billion Funding Opportunity for Grid Infrastructure Upgrades
NewsMar 12, 2026

U.S. Department of Energy Announces $1.9 Billion Funding Opportunity for Grid Infrastructure Upgrades

The U.S. Department of Energy’s Office of Electricity announced a $1.9 billion SPARK funding opportunity to accelerate reconductoring and advanced transmission upgrades across the nation’s power grid. The program aims to expand capacity, boost operational efficiency, and reduce electricity costs for...

By T&D World
Iran War Flips Brazil Diesel vs Biodiesel Prices
NewsMar 12, 2026

Iran War Flips Brazil Diesel vs Biodiesel Prices

The outbreak of the Iran war has pushed global oil‑derivative prices higher, causing imported 10 ppm (S10) diesel in Brazil to trade above biodiesel for the first time since October 2023. On 6 March, S10 diesel at Paranaguá reached R5.173 /m³, surpassing the R4.656 /m³...

By Argus Media – News & analysis
European Jet Hits All-Time High, Cracks over $100/Bl
NewsMar 12, 2026

European Jet Hits All-Time High, Cracks over $100/Bl

European jet fuel reached an all‑time high of $1,646.25 per tonne on 12 March, with premiums soaring to $109.72 per barrel over Brent crude and $518.5 per tonne over ICE gasoil. The price surge follows the war in the Middle East,...

By Argus Media – News & analysis
Refiners Stick to Maintenance Despite Crack Surge
NewsMar 12, 2026

Refiners Stick to Maintenance Despite Crack Surge

European refiners are maintaining their spring turnaround schedules despite a sharp surge in crack spreads triggered by the US‑Iran war’s disruption of Strait of Hormuz flows. Jet crack spreads peaked at $109.19 per barrel and diesel cracks at $63.92 per...

By Argus Media – News & analysis
ORNL and Kairos Power Partner to Advance Deployment of Next-Gen Nuclear Energy
NewsMar 12, 2026

ORNL and Kairos Power Partner to Advance Deployment of Next-Gen Nuclear Energy

Oak Ridge National Laboratory and Kairos Power have signed a $27 million partnership to fast‑track the development of Kairos’s fluoride‑salt‑cooled, high‑temperature reactor, known as Hermes. The collaboration gives ORNL access to its specialized facilities for fuel testing, component manufacturing, and remote‑maintenance...

By Quality Digest
Clean Cement Startup Sublime Cuts Jobs After Trump Pulled Funding
NewsMar 12, 2026

Clean Cement Startup Sublime Cuts Jobs After Trump Pulled Funding

Sublime Systems, an MIT‑spun low‑carbon cement startup, announced layoffs affecting roughly two‑thirds of its 90‑person staff after the Trump administration rescinded an $87 million Department of Energy grant. The funding pull forced the company to pause construction of its Holyoke, Massachusetts,...

By Canary Media – Buildings
DCE Solar, Axial Bring New Single-Axis Tracker to US Market
NewsMar 12, 2026

DCE Solar, Axial Bring New Single-Axis Tracker to US Market

DCE Solar has installed the first Tracker Twin single‑axis solar tracker in the United States, a product co‑engineered with Spain’s Axial Structural Solutions. The dual‑row system is manufactured domestically and aims to improve structural stability while reducing the number of...

By Solar Power World
US Says China Is Not Pricing Out American Battery Anode Makers ITC Votes Negative in Lithium Battery AD/CVD Investigation.
NewsMar 12, 2026

US Says China Is Not Pricing Out American Battery Anode Makers ITC Votes Negative in Lithium Battery AD/CVD Investigation.

The U.S. International Trade Commission issued a final negative determination in its antidumping and countervailing duty investigation of active anode material (AAM) imports from China. The 2‑1 vote blocks the Department of Commerce from imposing tariffs on Chinese AAM, overturning...

By Solar Power World
New Insights Into Battery Failure
NewsMar 12, 2026

New Insights Into Battery Failure

Engineers at NJIT and partners in the U.S. and Singapore have shown that lithium dendrites inside batteries are not soft but brittle, snapping like dry spaghetti. The team harvested dendrites from operating cells, measured their mechanical strength, and paired the...

By Engineering.com
Conn. Lawmakers Propose Easing Electric School Bus Deadlines
NewsMar 12, 2026

Conn. Lawmakers Propose Easing Electric School Bus Deadlines

Connecticut lawmakers have introduced a bill that eases the state’s zero‑emission school‑bus deadlines, moving the 100% target to 90% by July 1 2040 and keeping an all‑alternative‑fuel requirement for July 1 2035. Distressed municipalities would need only 50% zero‑emission buses by 2035, reaching full...

By GovTech — Education (K-12)
Use This Simple Calculation to Understand Solar Generator Capacity and Runtime Before You Buy
NewsMar 12, 2026

Use This Simple Calculation to Understand Solar Generator Capacity and Runtime Before You Buy

The article explains how solar generator capacity, expressed in watt‑hours, determines how long a unit can power devices. It introduces a simple formula—total watt‑hours divided by the device’s watt draw—to estimate runtime before purchase. Real‑world performance often falls short of...

By Popular Mechanics
Rio Tinto Produces Low-Carbon Aluminum Rod in Partnership with Prysmian
NewsMar 12, 2026

Rio Tinto Produces Low-Carbon Aluminum Rod in Partnership with Prysmian

Rio Tinto and Prysmian have completed an industrial trial producing low‑carbon aluminum rod by blending hydro‑powered metal from the Alma smelter in Quebec with aluminum made using Rio Tinto’s ELYSIS technology, which eliminates direct CO₂ emissions. The trial is part...

By MINING.com
Gas Prices Continue Rising—See What Your State Is Paying Now
NewsMar 12, 2026

Gas Prices Continue Rising—See What Your State Is Paying Now

Gas prices rose another two cents on Thursday, pushing the national regular‑gas average to $3.60 per gallon – a 62‑cent increase since the end of February. The surge follows higher crude prices driven by the Iran conflict, ending a 13‑week...

By Investopedia — Economics
On-Site PPA for Industry: VSB Builds PV Rooftop System for Packaging Specialist Sealed Air
NewsMar 12, 2026

On-Site PPA for Industry: VSB Builds PV Rooftop System for Packaging Specialist Sealed Air

VSB Integrated Energy Solutions will install a 751 kWp photovoltaic rooftop system on Sealed Air’s Alsfeld packaging plant under a 20‑year on‑site power purchase agreement. Construction starts in spring 2026 with commissioning slated for the second half of the year. The...

By Renewable Energy Industry
Data Center Surge Could Spike Natural Gas Demand Beyond Forecasts, EIA Says
NewsMar 12, 2026

Data Center Surge Could Spike Natural Gas Demand Beyond Forecasts, EIA Says

U.S. data centers, especially those supporting artificial intelligence workloads, are projected to drive a sharp rise in electricity consumption, pushing natural‑gas‑fired power generation beyond the Energy Information Administration’s current forecasts. The EIA’s latest analysis highlights that gas will continue to...

By Natural Gas Intelligence (NGI)
Saturn Oil & Gas Inc. (SOIL:CA) Q4 2025 Earnings Call Transcript
NewsMar 12, 2026

Saturn Oil & Gas Inc. (SOIL:CA) Q4 2025 Earnings Call Transcript

Saturn Oil & Gas Inc. posted a stronger fourth‑quarter 2025, with revenue climbing 12% year‑over‑year and net loss narrowing to C$8.3 million. The company added 5 million barrels of oil‑equivalent proved reserves, driven by successful drilling in its Western Canada assets. Capital...

By Seeking Alpha — Site feed
One Year After Green Bank’s Demise, Court Mulls Future of Grant-Based Climate Policy
NewsMar 12, 2026

One Year After Green Bank’s Demise, Court Mulls Future of Grant-Based Climate Policy

A coalition of major tech firms, including Google and Tesla, is rallying to expand U.S. power‑grid capacity as policymakers seek faster upgrades. The Department of Energy has opened a $1.9 billion funding opportunity aimed at urgently needed grid modernization projects. Parallel...

By Renewable Energy World
MidDay Futures: Gas Futures Little Changed as Storage Draw Lands Light, Cold Weather Returns
NewsMar 12, 2026

MidDay Futures: Gas Futures Little Changed as Storage Draw Lands Light, Cold Weather Returns

U.S. natural gas futures were largely flat Thursday, with the front‑month contract up 1.3 cents to $3.222 per MMBtu. The Energy Information Administration reported a 38 Bcf draw from storage for the week ended March 6, near the low end of forecasts....

By Natural Gas Intelligence (NGI)
Japan Establishes National Benchmarks for Agrivoltaics as Sites Expand
NewsMar 12, 2026

Japan Establishes National Benchmarks for Agrivoltaics as Sites Expand

Japan’s Ministry of Agriculture, Forestry and Fisheries has introduced national benchmarks for agrivoltaics after 24% of projects reported reduced crop yields in fiscal 2023. By the end of FY2023, 6,137 sites covering 1,361.6 hectares were approved, prompting tighter oversight. New...

By pv magazine
How to Electrify the Global South
NewsMar 12, 2026

How to Electrify the Global South

India has nearly achieved universal household electrification, cutting the global electricity deficit by half, while Nigeria is poised to replicate this progress. Both countries are integrating centralized grids with distributed mini‑grids, leveraging AI‑driven digital twins and large‑scale rooftop solar schemes....

By Project Syndicate — Economics
Stadler to Supply 7 More Battery Trains to ÖBB to Phase Out Diesel in Regional Austrian Rail
NewsMar 12, 2026

Stadler to Supply 7 More Battery Trains to ÖBB to Phase Out Diesel in Regional Austrian Rail

ÖBB has placed an order for seven additional FLIRT Akku battery‑electric trains from Stadler, slated for delivery in 2028. The units will replace diesel‑powered services on the Kamptalbahn and Erlauftalbahn lines in Lower Austria starting in 2029. Each train combines...

By RailTech.com
Time to Take Stock and Prepare
NewsMar 12, 2026

Time to Take Stock and Prepare

The escalating Middle East conflict is pushing crude oil toward $200 a barrel, straining global markets. The Philippines’ strategic reserves only cover about 45 days, leaving the nation exposed to price shocks. A newly mandated four‑day work week will shift...

By Philstar – Business
RGreen Raises Over $1 Billion for European Green Infrastructure Fund
NewsMar 12, 2026

RGreen Raises Over $1 Billion for European Green Infrastructure Fund

RGREEN INVEST closed its fifth green infrastructure fund, Infragreen V, at over €900 million, surpassing the €670 million raised for the previous vintage. The fund will finance mid‑market European projects in renewable generation, energy storage, and electrification, with a strategic emphasis on...

By ESG Today
Utilities Should Focus on the Fundamentals – Emerson’s Sally Jacquemin | DTECH Interview Studio
NewsMar 12, 2026

Utilities Should Focus on the Fundamentals – Emerson’s Sally Jacquemin | DTECH Interview Studio

Emerson’s power‑and‑utility leader Sally Jacquemin warns utilities to cement core infrastructure before chasing advanced technologies like AI. She likens the process to laying a concrete slab before building a house, emphasizing that digital grid fundamentals are non‑negotiable. Emerson, fresh from its...

By Renewable Energy World