Energy News and Headlines
Energy News and Headlines
Energy Pulse
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Every morning
Weekly
Tuesday recap
Progress on Iraq’s Akkas gas field development has stalled as security concerns tied to the US‑Israel war with Iran forced the evacuation of SLB’s foreign staff. The U.S.‑based contractor was hired in July 2025 to lift output to an initial 100 million cubic feet per day and ultimately 400 million cf/d, feeding the Anbar combined‑cycle power plant. The field holds about 5.6 trillion cubic feet of proven reserves, but reduced on‑site activity will extend the project timeline. Iraq hopes the field will cut reliance on Iranian gas and enable future exports.
Energy Estate has formalised a strategic affiliation with Queensland Cane Agriculture and Renewables (QCAR) to accelerate the BioNQ project, which will convert North Queensland sugarcane into low‑carbon fuels for aviation, agriculture and shipping. The partnership will tap existing regional ports...
The Trump administration’s One Big Beautiful Bill Act (OBBBA) shortens the window for the commercial 48E solar tax credit, ending eligibility for projects that start after July 4 2026 and are not placed in service by December 31 2027. It also imposes Foreign Entity...
Rep. Mike Collins introduced the Diesel Truck Liberation Act, a bill that would strip the EPA of authority to enforce emissions controls on heavy‑duty diesel trucks. The legislation would prohibit federal agencies from requiring emissions devices, onboard diagnostics, and penalties...
Vice‑President Kashim Shettima used the inauguration of NELMCO’s new headquarters to reaffirm President Bola Tinubu’s commitment to overhaul Nigeria’s power sector. He highlighted a data‑driven, transparent approach and urged private and international investors to join the reform agenda. NELMCO, which recently generated...
Form Energy and Crusoe have signed a capacity agreement to supply 12 GWh of iron‑air batteries for AI data centers, with deliveries beginning in 2027. The deal secures reserved volume, pricing and terms, and production will occur at Form Energy’s West...
The U.S. Energy Information Administration reported a 54 billion‑cubic‑foot (Bcf) draw in natural‑gas inventories for the week ending March 20. Net working gas fell to 1,829 Bcf, tightening the supply balance ahead of the summer heating season. The draw reflects higher demand from...
Oil prices jumped on March 26 as Brent crude rose 4.8% to $101.94 a barrel, driven by renewed doubts over the Iran‑U.S. cease‑fire talks and heightened tension in the Strait of Hormuz. The rally pushed the S&P 500 down 1.2%, the Dow...
U.S. Senators Josh Hawley and Elizabeth Warren have urged the Energy Information Administration to create a mandatory annual reporting framework for data centers, demanding granular data on hourly, peak and annual electricity use, rates, and grid upgrade costs. The request...
Illinois State Senators Rachel Ventura and Rep. Daniel Didech introduced the Plug‑In Illinois Act (SB 3104/HB 4524) to permit small‑scale, plug‑in solar systems that connect to a standard wall outlet. The bill targets renters, condo owners, and homeowners lacking suitable roofs, removing...
Greek carrier Maran Gas Maritime has placed an order with South Korea’s Hanwha Ocean for two new LNG carriers, each with a capacity of 174,000 cubic metres. The contract, valued at roughly $505 million, targets delivery in May 2029. This order...
ShopRite in Paramus, New Jersey, installed six public fast EV chargers capable of up to 350 kW, delivering a 10‑80% charge in under 40 minutes. The retailer plans eight additional charging stations across New Jersey, New York and Pennsylvania this year, potentially bringing the...
Major energy producers and operators across the Middle East Gulf have implemented drastic measures to curb output and protect facilities as the regional conflict enters its third week. The moves include temporary shutdowns, reduced drilling rates, and heightened security protocols...
J.D. Power’s latest EV Home Charging Study shows that 86% of electric‑vehicle charging still occurs at home, but rising electricity prices have pushed average monthly home‑charging costs up $5 to $63. Satisfaction scores slipped for Level 1 and Level 2 portable chargers, while...
The article is a placeholder for a daily Brent and WTI crude price snapshot dated March 26, 2026, but it contains no actual price data or commentary. Typically such reports would list spot prices, price changes, and market drivers for the two...
Goldman Sachs warns that the recent oil price shock could erase about 10,000 new jobs each month in the United States through the end of 2026. The bank projects the unemployment rate climbing to roughly 4.6% by year‑end, driven by...
The ongoing Iran conflict has already generated an estimated $25 billion in energy‑sector repair costs, according to industry analysts. Damage to key oil refineries, pipelines and the strategic Kharg Island hub is forcing Iran to divert resources toward emergency reconstruction. The...
China National Offshore Oil Corp.’s listed arm CNOOC announced a modest 0.3%‑1.6% rise in oil and gas output for 2026 and plans to keep capital spending flat or lower. The guidance marks a sharp deceleration from the rapid expansion of...
Argentina’s state‑backed power producer YPF Luz, together with blockchain firm Justoken, has rolled out Enertoken, a tokenization platform on the XRP Ledger (XRPL). The initial phase tokenizes more than $800 million of electricity contracts, leveraging Justoken’s JMWH fund which already holds...
Ugandan farmers, represented by UK law firm Leigh Day, have filed a letter before action in a British court seeking to halt the East African Crude Oil Pipeline (EACOP). They allege the $5.6 billion project, now 80% complete, violates Uganda’s constitution...
Colorado’s Rocky Mountain Metropolitan Airport (RMMA) has begun dispensing Swift Fuels UL94, an unleaded avgas, alongside traditional 100LL leaded fuel. A state‑backed subsidy ensures the unleaded option is priced the same as leaded fuel, and the airport will reimburse up...
Today the IFRS Foundation’s International Sustainability Standards Board issued exposure drafts proposing amendments to three sector‑focused SASB standards covering Agricultural Products, Meat, Poultry & Dairy, and Electric Utilities & Power Generators. The revisions expand scope to direct farming operations, add...
Oil prices surged above $100 a barrel after the United States and Israel attacked Iran, prompting Tehran to close the Strait of Hormuz, which carries roughly 20% of global oil. The disruption has sent fuel costs soaring across Africa, prompting...
Abu Dhabi‑listed ADNOC Gas has secured the primary contractors for two large‑scale gas and liquids projects in the emirate. The contracts cover a new gas processing plant and a liquids extraction facility, both slated for rapid execution. Despite the ongoing...
Claros, a power‑management startup, raised a $30 million seed round led by General Catalyst and Red Cell Partners. The funding will accelerate development of its integrated voltage regulator (IVR) and Power Gateway direct‑current distribution platform. The IVR claims up to 30%...
Grid and energy infrastructure operators across Europe are facing a new pricing reality as suppliers shift to volatile, index‑linked contracts for critical metals. To manage this risk, operators are adopting independent market benchmarks and automating pricing workflows. Fastmarkets helped a...
The Financial Executives Institute of the Philippines (FINEX) welcomed the government’s declaration of a national energy emergency and urged full transparency in emergency fuel procurement, highlighting a recently announced P20 billion diesel purchase—roughly $363 million. FINEX emphasized that targeted, time‑bound measures are...
Senior Citizens Party‑list Rep. Rodolfo Ordanes urged the Philippine House to investigate a sharp diesel price surge that has pushed pump rates above P100 per liter (≈$1.80), the highest increase among Asian nations. He blamed limited refinery capacity and alleged profiteering...
New Zealand’s regulator has received a prospecting permit application from domestic firm CBX Energy Ltd to explore hydrocarbons in the offshore Canterbury Basin, the first such request since the 2018 exploration ban was lifted in late 2025. The government opened...
Germany’s Federal Network Agency will adopt a new classification framework developed by Fraunhofer IOSB‑AST to evaluate cybersecurity incidents in the energy sector under the EU NIS 2 Directive. The methodology introduces a three‑stage, risk‑based model that moves from initial incident reporting...
Serica Energy estimates that about five trillion cubic feet of gas lie beneath the seabed west of the Shetland Islands, enough to meet UK household demand for roughly five years. The company says the deposits sit close to existing pipelines,...
The first‑quarter 2026 Dallas Fed Energy Survey shows that exploration and production (E&P) companies are flagging the Iran‑Israel war as a major source of volatility. While a few firms note a temporary boost to oil prices and potential profit upside,...
Transport for Wales has granted all 22 Welsh local authorities free access to ChargePoint Navigator, a planning dashboard previously limited to councils in England. The tool, created by Field Dynamics, Cenex, ZapMap and UK Power Networks, aggregates data on network...
French independent power producer Qair has secured a power purchase agreement with Brazil’s LPG distributor Ultragaz for its 192 MW Bom Jardim solar PV plant in Ceará. The plant, which entered commercial operation earlier this year, is one of ten projects...
Alberta sits atop an estimated 82.5 million tonnes of lithium‑carbonate‑equivalent, a resource valued at over US$1 trillion and enough to supply batteries for more than 10 billion electric vehicles. The province is developing direct lithium extraction (DLE) technology that repurposes oil‑and‑gas drilling expertise...
Austria installed about 1.63 GW of new photovoltaic capacity in 2025, a 22% decline from 2024’s 2.08 GW. The slowdown leaves total solar capacity at roughly 9.9 GW, well short of the 2 GW per year needed to meet the country’s 100% renewable electricity...
The letters to the editor flag four pressing issues for India. A halted Russian oil import and the Hormuz Strait closure have strained the country’s energy supply, prompting calls for domestic gas, electric‑vehicle adoption, solar power and local oil extraction....
Data centers in the United States set new electricity consumption records in 2025, driven by exponential growth in cloud services and AI workloads. Despite this surge, new construction projects are slowing, as utilities grapple with supply‑chain bottlenecks, labor shortages, and...
Data center operator Iron Mountain is installing a 23 megawatt‑hour lithium‑ion battery system from Tesla at its New Jersey facility, slated for commissioning before the end of 2026. The storage will work alongside a 7.2‑MW rooftop solar array to reduce grid...
The UK government has pledged up to £64 million (about $81 million) to help develop a floating offshore wind hub at Port Talbot in the Celtic Sea. The funding will allow Associated British Ports to complete design and engineering work, targeting at...
Tesla is in talks to acquire about $2.9 billion of solar‑manufacturing equipment from Chinese suppliers, including screen‑printing machines from Suzhou Maxwell Technologies. The move supports Elon Musk’s goal of adding 100 GW of solar capacity in the United States and addresses rising...
Everybody Solar and the One Spirit nonprofit are installing an 18‑kW rooftop solar array with battery storage at Pine Ridge Reservation’s first district laundromat. The system will produce roughly 25,672 kWh of clean electricity each year, lowering utility expenses and providing...
The Trump administration’s push for "energy dominance" is hitting headwinds, as Energy Secretary Chris Wright downplays the Iran war’s impact while urging producers to boost output. Industry leaders warn that chasing short‑term price spikes can erode value and deter long‑term...
Former Kyrgyz National Bank chief Melis Turgunbaev was detained on March 26 after resigning amid a widening Kyrgyzneftegaz corruption probe. The State Tax Service alleges the state oil firm lost more than 4 billion soms (approximately $45.7 million) over five years, with funds...
U.S. gasoline prices climbed to a national average of $3.96 per gallon, up from $3.72 a week earlier, prompting several states to weigh temporary gas tax holidays. Georgia has already suspended its fuel tax, while California, Connecticut, Florida, Maryland and...
Councils across England are grappling with the task of installing electric‑vehicle charging points that meet accessibility standards while contending with limited street space. More than half of local authorities flag the balance between accessible charge points and real‑world constraints as...
Britain’s Crown Estate announced a sixth offshore wind leasing round slated for the first half of 2027, targeting at least 6 GW of new capacity. The round will focus on shallow, fixed‑bottom sites in the northeast of England, complementing the country’s...
The World Platinum Investment Council reports accelerating global rollout of platinum‑based hydrogen fuel‑cell buses. New Flyer has secured 500 fuel‑cell engines (50 MW) for its Xcelsior CHARGE FC buses, while Portugal’s CaetanoBus is delivering 12 buses and building green‑hydrogen production and...
TotalEnergies announced it will reassess its 2050 net‑zero target, acknowledging that the global energy transition is progressing too slowly to meet Paris Agreement goals. The French oil major reported 2025 emissions of 368 million metric tons CO₂‑equivalent, a modest decline from...
