Barcelona’s Delfos Energy Raises €3 Million to Build AI “Virtual Engineer” For the Energy Industry as It Charges up for...
Barcelona‑based Delfos Energy closed a €3 million seed extension, bringing its total funding to €10 million. The round, led by new investor Vox Capital/COPEL alongside existing backers, supports the company’s AI “virtual engineer” platform that now monitors over 1,000 renewable‑energy sites across more than ten European countries. Delfos plans to use the capital to deepen deployments, add a second AI layer for workflow automation, and prepare a Series A round within the next 12‑18 months. The startup also eyes entry into the U.S. market once European scale is achieved.
Good Energy Won Solar Contracts From DESNZ when Its CEO’s Brother Was in Senior Role
The Department for Energy Security and Net Zero awarded more than £70,000 in solar‑panel contracts for schools to Amelio Enterprises, a firm owned by Good Energy. The deals were processed by Crown Commercial Services under the Great British Energy scheme,...
Exus Renewables to Provide Asset Management Services for Texas Solar Projects
Exus Renewables North America has secured a multi‑year agreement to manage 437 MW of utility‑scale solar assets in Texas for Nuveen Infrastructure, expanding its regional portfolio to over 3.3 GW. The contract covers technical oversight, financial performance tracking, and operational strategy for...
Eni Signs Up for 15-Year Biomethane Supply From France
Eni’s renewable arm Plenitude and Seya Group’s Methagora have signed a 15‑year agreement for the supply of 50 GWh of biomethane per year from French production. Methagora, which converts existing biogas sites into certified biomethane, has already delivered 35 GWh and plans...
Malaysia Will Keep Petrol Prices at RM1.99 Even as Global Oil Prices Surge: PM Anwar
Malaysia will keep the BUDI95 petrol price at RM 1.99 per litre despite a sharp rise in global oil prices triggered by the West Asia conflict. Prime Minister Anwar Ibrahim said the surge threatens transportation costs and overall price stability, but...
UK Government Removes Offshore Wind Energy Tariffs to Help Manufacturers Save Millions
The UK government will waive import duties on 33 wind‑farm components from 1 April, using an “authorised use” customs measure that eliminates tariffs on items such as cables, blades and rotors. Officials say the relief will save manufacturers millions of pounds...
Tesla Gets Energy Supply Licence
Tesla Energy Ventures Ltd has been granted a UK electricity supply licence by Ofgem after a seven‑month review, allowing the company to sell power directly to residential and commercial customers across Great Britain. The approval, effective March 2026, adds retail...
Illinois to Data Centers: Bring Your Own Renewables and Skip the Line
Illinois lawmakers have introduced the Protecting Our Water, Energy, and Ratepayers (POWER) Act, which would let data centers that procure their own clean power receive fast‑track grid interconnection and guaranteed service. The bill also obliges facilities to pay for transmission...
Draft Bill Would Let Utilities Own Nuclear Plants in Ohio
Ohio’s House Bill 15, which barred utilities from owning generation assets, is being revisited with a draft proposal that would permit utilities to build, own, and operate advanced nuclear facilities, including small modular reactors. The legislation, still in draft form,...
Eurozone Households Are First to Feel the Pain of the Current Oil Price Shock
Eurozone households are the first to feel the impact of the latest oil price shock as retail fuel prices surge across the region. A 50‑litre tank now costs €4.5‑€13 more for petrol and €8.4‑€21.5 more for diesel, with Germany seeing...
Middle East Crisis May Lead to Higher Electricity Prices in Singapore: Minister Tan See Leng
Singapore may face higher electricity tariffs as global oil and gas prices climb amid the US‑Iran conflict in the Middle East. The region accounts for roughly a quarter of seaborne oil and nearly one‑fifth of LNG trade, and any disruption...
Philippine Economy Faces ‘Serious’ Contraction From Gas Emissions Cuts—ADB
Asian Development Bank warns the Philippines could experience a serious GDP contraction as it pursues a 75% greenhouse‑gas emissions cut by 2030. The bank’s March 12 report cites high mitigation costs, price pressures and a lack of productivity measures, which...
Egypt Raises Gas Prices by 30% Amid Iran War
Egypt’s Petroleum & Mineral Resources Ministry raised vehicle natural gas prices by 30% to E£13 per cubic metre, with diesel up 17% and 95‑octane petrol up 14.2%, effective 10 March. The hikes follow the US‑Israel strike on Iran, which has sent...
Delays Expected to $3.3bn Kuwait Gas Project Due to Iran War
Kuwait Gulf Oil Company’s $3.3 billion on‑shore gas processing plant, slated to be tendered in late March, faces significant delays after the United States and Israel launched attacks on Iran. The project, designed to handle 632 million cubic feet of gas and...
Fuel Standards Amended to Ease Squeeze in Regions: Bowen
The Australian government announced a 60‑day temporary amendment to fuel quality standards, permitting higher sulfur content to unlock roughly 100 million litres of petrol each month. This measure addresses regional fuel shortages triggered by Middle East supply constraints after the Strait...
Yen Weakens to 159 per Dollar as Oil Prices Surge Despite Reserve Release
The Japanese yen slipped to roughly 159 per dollar on Thursday, its weakest level since mid‑January, as oil prices surged past $100 a barrel. Despite a recent release of foreign‑exchange reserves aimed at supporting the currency, the yen continued to...
BlackRock, L&G and UBS Among 60 ESG Funds Holding BP Despite Pivot
A recent analysis identified roughly 60 ESG‑focused funds that continue to hold shares in BP, despite the oil major’s public commitment to a net‑zero emissions pathway. Among the largest custodians are BlackRock, Legal & General and UBS, which together represent...
China Largely Insulated From Global Energy Price Shocks
China’s economy is largely insulated from the recent global energy price spikes triggered by Middle East tensions. Although oil and gas import bills will rise, long‑term contracts, domestic coal dominance, and sizable strategic reserves limit cost pass‑through. The country’s low...
Inside GAMCO, Nigeria’s Plan to Revive Idle Power Plants Into Electricity
Nigeria is launching Grid Asset Management Company Limited (GAMCO) to revive idle power plants and upgrade transmission, aiming to add up to 1,600 MW of electricity within two years. The pilot focuses on the Benin‑Lagos corridor, targeting three gas‑fired plants with...
Burning Plastic Isn’t Renewable: Rethinking Waste & Power In Hawaii
The H‑POWER waste‑to‑energy plant on Oʻahu generates about 340 GWh annually, roughly 4‑5% of the island’s electricity, but emits ~0.88 tCO₂e per MWh—comparable to coal. Its feedstock is 14% plastic and up to 30% recyclable material, creating significant fossil‑carbon emissions. Solar PV...
The Commodities Feed: Record Oil Release Fails to Rein in Prices
The International Energy Agency announced a coordinated emergency release of up to 400 million barrels of crude oil, the largest ever, yet Brent futures surged to near $100 per barrel. Market analysts attribute the rally to ongoing disruptions in the Persian...
Morning Brief Podcast: SPRs to LPG: How Far Will History’s Biggest Oil Shock Reverberate?
The Morning Brief podcast examines an unprecedented oil shock triggered by the effective closure of the Strait of Hormuz, cutting more than 10 million barrels of crude per day—about twice the 1956 Suez disruption. With virtually no spare production capacity, Brent crude...
JIJ Europe Collaborates with ORCA Computing, Bp, and NQCC on Energy Optimization
JIJ Europe Ltd., together with ORCA Computing, bp and the National Quantum Computing Centre, has launched a SparQ‑funded project to validate a quantum‑classical hybrid workflow for the Unit Commitment problem in power generation scheduling. The approach decomposes large mixed‑integer linear...
Investors Need to Decide How Much Coal Is Too Much Coal
Investors are confronting a pivotal question as capital floods the broader energy sector: how much coal exposure is acceptable. While renewable projects dominate headlines, coal still accounts for a sizable share of global power generation and remains embedded in many...
Oil Jumps Despite Historic Reserve Release as War Fears Tighten Supply
Oil prices climbed on Wednesday even as the International Energy Agency and partner nations prepared to release roughly 400 million barrels of strategic reserves, the largest coordinated drawdown ever considered. Traders, however, priced in heightened geopolitical risk from the escalating Iran‑related...
VAALCO Energy Inc (EGY) Q4 2025 Earnings Call Transcript
KLX Energy Services Holdings reported Q4 2025 revenue of $157 million, in line with guidance, and generated $23 million of adjusted EBITDA, the highest quarterly amount of the year with a 14% margin. The Northeast/Mid‑Con segment delivered a 25.3% adjusted EBITDA margin,...
Aemetis Inc (AMTX) Q4 2025 Earnings Call Transcript
Aemetis reported Q2 2025 revenue of $52.2 million, up $9.3 million thanks to resumed biodiesel shipments to India. The company highlighted a 30% boost in dairy RNG output, seven CARB‑approved low‑carbon pathways, and a surge in California LCFS credit prices to about...
SNDL Inc (SNDL) Q4 2025 Earnings Call Transcript
SandRidge Energy reported a strong Q4 2025 and full‑year performance, with average daily production climbing to 19.5 MBOE in the quarter and 18.5 MBOE annually, a 12% increase on a BOE basis and 32% rise in oil output. Revenue grew 25% to...
The NEVI Funds Are Finally Unfrozen, But The Administration’s Chaos Goes Unpunished
A federal judge in January 2026 ordered the release of the $5 billion NEVI program funds that had been frozen by the Trump administration. The thaw restores congressional appropriations for a nationwide EV charging network, but the year‑long pause forced states...
US to Release 172m Barrels From SPR over 3 Mths as US Intelligence Says Iran Regime Stable
The United States will release 172 million barrels from its Strategic Petroleum Reserve over the next 120 days, joining a 400‑million‑barrel drawdown coordinated by the International Energy Agency. The emergency release aims to ease the sharp rise in crude prices...
Iran Raises Stakes on Hormuz in Oil Price Narrative Battle
Iran has escalated its rhetoric and threats around the Strait of Hormuz, a chokepoint that moves roughly one‑fifth of the world’s oil and LNG. The move is part of a broader narrative battle with the United States amid the ongoing...
Permanent Ban for Energy Efficiency Company that Falsified Claims, Misled Regulator
Australia’s Clean Energy Regulator (CER) has permanently suspended Phenix Trading’s registration under the Renewable Energy (Electricity) Act 2000, barring the firm from creating renewable energy certificates. The decision follows earlier bans by New South Wales and Victoria regulators for exaggerated...
Trump’s Iran War Pushes Petrol Past $3.50 in Test of US Voter Patience
President Trump’s decision to intensify military pressure on Iran sparked a sharp rally in global oil markets, pushing U.S. gasoline prices above $3.50 per gallon for the first time in years. The price surge coincided with the lead‑up to the...
Reports of Tanker Attack in Southern Iraq
An oil tanker near Iraq's Umm Qasr port caught fire, with early reports indicating a possible direct attack on the vessel. Witnesses said multiple tankers were ablaze, suggesting a coordinated incident. The event adds to a series of recent assaults...
There’s Something in the Air in South Portland, Maine
South Portland, Maine’s first year of fenceline monitoring revealed benzene concentrations above state limits at two petroleum tank farms—Citgo and Buckeye Partners. The Citgo site averaged 2.18 µg/m³ (limit 1.28 µg/m³) and Buckeye peaked at 3.05 µg/m³, with a short‑term spike of 11.8 µg/m³...
Countries Agree to Historic Emergency Oil Reserve Release
The International Energy Agency (IEA) announced a coordinated release of 400 million barrels of oil from the strategic reserves of its 32 member nations, the largest emergency drawdown in its history. The move is designed to offset the abrupt loss of...
BP Pays Big Money for US Gulf Block
BP announced a $21 million bid for a single offshore lease block in the U.S. Gulf of Mexico. The purchase stands out in an otherwise muted lease sale that has attracted limited interest from other operators. The transaction comes as geopolitical...
Trump Says U.S. Will Tap Strategic Petroleum Reserve As Iran War Surges Gas Prices
President Donald Trump announced that the United States will draw 172 million barrels from the Strategic Petroleum Reserve over the next four months, the first release since 2022. The move comes as the U.S. and Israel’s conflict with Iran has pushed...
West Virginia Commission Revises AEP Rate Case Decision
The West Virginia Public Service Commission revisited its August 2025 rate‑case ruling for AEP’s Appalachian Power and Wheeling Power, raising the approved revenue increase to $91 million—just 36 % of the original $250 million request—and setting the allowed return on equity (ROE) at 9.25%....
Disruptions Reinforce China's Self-Sufficiency Drive
China is intensifying its drive for energy self‑sufficiency by accelerating investments in low‑carbon technologies such as solar, wind, batteries and electric vehicles. The ongoing war in the Middle East, which has disrupted oil and gas imports, underscores Beijing’s anxiety over...
Mideast War Brings Fresh Risks for Low-Carbon Investments
The Gulf conflict has jolted oil and gas supplies, reinforcing the long‑term economic case for clean‑energy projects. Yet the immediate fallout—rising inflation and tighter credit—could choke funding for low‑carbon initiatives. Analysts warn that the war’s duration and the speed of...
Russia's Yamal LNG Maintains Focus on Exports to Europe
Yamal LNG, Russia’s Arctic liquefied natural gas project, has announced that its current cargoes will be shipped exclusively to European markets. This decision comes despite a surge in Asian demand driven by the Middle East conflict and the restart of...
G7 Explores Ship Escorts in Gulf as Middle East War Threatens Energy Supply Routes
G7 leaders reaffirmed their commitment to Russia sanctions while confronting the ripple effects of the U.S.–Israeli conflict on Iran and global energy markets. They agreed to deepen coordination with Gulf partners to safeguard shipping lanes and stabilize oil supplies. A...
Birchcliff Energy Ltd. Announces the Filing of Its Audited Financial Statements and Other Disclosure Documents for the Year Ended December...
Birchcliff Energy filed its audited 2025 financial statements and annual information form, confirming record annual average production and a significant reduction in debt. The company reaffirmed its 2026 guidance, emphasizing an unhedged exposure to natural gas, oil and NGLs and...
Sodium-Ion Batteries Hit the Midwestern Grid in First-of-Its-Kind Pilot
Peak Energy and RWE Americas are launching the first sodium‑ion battery storage pilot on the Midcontinent Independent System Operator (MISO) network in eastern Wisconsin. The passively cooled system, branded GS1.1, promises to cut the lifetime cost of stored electricity by...
IEA Plans to Release 400 Million Barrels of Oil to Curb the Impact of War in Iran
The International Energy Agency announced it will release 400 million barrels of oil from members' emergency reserves, the largest drawdown in its history and more than double the 2022 release for Ukraine. The volume represents roughly 20 days of oil...
Centre Holds Back on Fuel Exports Ban Due to Logistics, Tax Hurdles as West Asia Conflict Rages
India has postponed a full ban on fuel exports despite a supply squeeze triggered by the Iran‑related West Asia conflict. The delay stems from logistical bottlenecks, the risk of breaching existing export contracts, and the need for a tax waiver...
EPB of Chattanooga Deploys Battery-Based Microgrids for Savings, Resilience
EPB of Chattanooga has commissioned five battery‑based microgrids delivering 29 MW of power and 58 MWh of storage across two sites, bringing its front‑of‑meter storage to 45 MW/95 MWh. The utility plans to add another 45 MW of storage within 12 months and reach 100‑150 MW...
SolaTrim Launches SolEmber Line of Fire-Protection Array Skirting
SolaTrim announced the SolEmber mesh system, a fire‑storm ember‑blocking shield for residential solar arrays on sloped roofs. The product uses 304 stainless‑steel and a low‑visibility black powder‑coat, meeting ASTM E2886, Class A fire‑rating, and WUI/IWUI certifications. SolEmber is positioned as a code‑compliant...
North America Drops 8 Rigs WoW
Baker Hughes reported that the North America rig count slipped to 756 this week, eight rigs lower than the previous week. The U.S. portion rose slightly to 551 rigs while Canada fell to 205, driving the regional decline. Oil rigs...