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
Blueleaf Energy has commissioned the 300‑MW‑peak Pachora Hybrid Power Project in Madhya Pradesh, marking its flagship wind‑solar development in India. Valued at 1,900 crores (approximately $230 million), the plant will generate about 600 million kilowatt‑hours per year—enough for over 550,000 households—and sells power through a 15‑year merchant PPA and a separate I‑REC contract. Spanning 40 sites on 347 hectares, the hybrid includes 35 wind turbines and a multi‑site solar farm, offsetting roughly 550 kilotonnes of CO₂ annually. Executives say the project validates hybrid models as a cost‑effective path to India’s 500‑GW renewable ambition.
Victoria’s energy minister has launched an expression of interest for three large synchronous condensers in the Latrobe Valley, targeting the former Hazelwood coal terminal. The state already invested $480 million AUD (≈$317 million USD) in a syncon near Ararat, which is expected...
The EPA announced an emergency waiver allowing nationwide summer sales of E15, a gasoline blend containing up to 15% ethanol, as gas prices near $4 per gallon. The move, highlighted at CERAWeek, is framed as a relief measure for consumers...
The New South Wales government announced a coordinated response to diesel distribution gaps that are affecting mining, agriculture and freight. Data from FuelCheck shows 187 stations lack diesel, including 78 in key mining regions, while 32 stations have no fuel...
Sunrise Energy Metals and U.S. tech firm I‑Pulse are investing $5 million to develop geothermal drilling in Queensland’s Millungera Basin, targeting up to an 80% project stake. The basin is estimated to hold over 611,000 PJ of thermal energy—about 600 times Australia’s...
Nikolay Grebentsov, president of Nikovit Inc., is scaling a clean‑energy venture that sells affordable heat‑pump and mini‑split systems through its EZCOOL brand. Recent accolades—including the Best Entrepreneur in HVAC award and a Small Business Breakthrough Award—coincide with a push to...
Indonesia is seeing a surge in coal and crude palm oil (CPO) prices as the US‑Israeli war on Iran pushes oil to about $100 a barrel, prompting countries to seek cheaper coal and bio‑fuel alternatives. Newcastle coal futures have climbed...
Australia’s tax framework allows gas exporters to retain a larger share of profits than most citizens expect. The system, crafted by the federal government, offers low corporate tax rates, generous depreciation allowances, and limited resource royalties. Critics argue the regime...
Snowy Hydro’s flagship Snowy 2.0 pumped‑hydro scheme, a 2,200 MW storage project, is projected to breach its $12 bn AUD (≈$7.9 bn USD) capex by fiscal 2026, with the work only 70% complete. The federal government has already supplied $5.98 bn AUD (≈$3.9 bn USD) in...
The U.S.-led war in Iran has sent oil prices soaring, pushing gasoline costs for a heavy‑duty pickup in Houston from about $70 to $90 per tank. Phrostibe Italian Ice, a family‑run mobile vendor, is feeling the squeeze, redesigning delivery routes,...
Economists note February CPI showed modest food price shifts—beef remains high while chicken and eggs fell. A new conflict with Iran has driven Texas gasoline up 90 cents, a 38% jump, foreshadowing higher March CPI. The war threatens the Strait...
British Chambers of Commerce chief Shevaun Haviland will urge UK ministers to keep an energy‑bailout option on the table as the Iran‑Israel conflict drives oil prices higher, warning that disrupted shipping lanes will lift business energy costs. She stresses calm,...
Asian economies from India to South Korea are feeling a double squeeze as oil prices spike and the U.S. dollar reaches its strongest level against regional currencies in two decades. The war in the Middle East has choked the Strait...
At CERA Week in Houston, Energy Secretary Jennifer Granholm told U.S. oil executives that the ongoing Iran‑Israel conflict is likely to keep crude prices elevated, creating a favorable market for American shale producers. The war has already pushed Brent above $90...
Cairn Oil & Gas, the Vedanta‑controlled unit, aims to quadruple its daily output to roughly one million barrels per day over the next decade. To achieve this, the company plans to spend up to $5 billion on U.S. oilfield contractors who...
Oil markets have been jolted by the 2026 Iran war, with prices swinging sharply on each new development. The volatility makes pure‑play energy exposure risky for investors and advisors. FlexShares Morningstar Global Upstream Natural Resources ETF (GUNR) offers a diversified...
Germany announced an extra 12 GW of on‑shore wind capacity to be tendered under its Climate Action Programme 2026, roughly 2,000 new turbines. The addition is projected to replace the output of 15–20 gas‑fired plants, cut natural‑gas imports by about $1 billion annually...
The U.S. military strike on Iran triggered a sharp rise in global oil prices, prompting a 278% surge in Australian Google searches for electric vehicles on March 23 versus late February. Historical patterns show that higher fuel costs consistently boost EV...
Natural gas futures rose on Wednesday after earlier declines, driven by heightened geopolitical risk following Tehran's rejection of a U.S. peace proposal. The market also absorbed bullish signals from rising LNG feed‑gas demand and expectations of tighter storage balances. Despite...
UK businesses are confronting an energy price shock, with the nation already holding the highest industrial electricity rates among G7 nations. Cornwall Insight forecasts electricity could jump 10‑30 % and gas 25‑80 %, pushing a typical 12‑month electricity contract to about £578,000...
Asian ocean carriers are currently managing bunker fuel supplies, but tightening inventories signal a looming shortage if the Strait of Hormuz remains blocked. Global fuel suppliers warn that prolonged closure could trigger worldwide deficits. To cushion the impact, operators are...
The nuclear industry is shifting from a maintenance‑focused model to a growth trajectory, aiming for roughly 1,600 GWe of capacity by 2050. Current fuel‑chain infrastructure only supports the existing 400‑plus reactors, creating a sizable supply‑chain gap. Government incentives and geopolitical pressures...
India has officially approved its next climate NDC, setting a 47% reduction in greenhouse‑gas emissions intensity by 2035 relative to 2005 levels. The plan also targets non‑fossil electricity capacity of 60% and a carbon‑sink increase of up to 4 billion tonnes...
Italian Prime Minister Giorgia Meloni announced plans to deepen energy cooperation with Algeria during a visit to Algiers, aiming to increase LNG supplies to Italy. The move comes as Italy grapples with prolonged disruptions in Qatar LNG deliveries, which previously...
Madrid‑based renewable developer Zelestra secured a $600 million green financing facility from Société Générale and HSBC. The loan will fund two Texas solar projects—252 MW Echols Grove and 187 MW Cedar Range—currently under construction. Both farms belong to a 1.2 GW portfolio of projects...
The Pennsylvania House approved House Bill 1834 by a 104‑95 vote, directing the state Public Utility Commission to create temporary and permanent regulations for commercial data centers. The bill blocks utilities from passing data‑center‑related infrastructure and grid costs onto residential...
Umoe Advanced Composites has launched industrial‑scale production of Type 4 composite cylinders at its new 12,000‑sqm Jiaxing plant in China, the company’s largest global manufacturing base. The facility can produce up to 20,000 cylinders a year, effectively tripling UAC’s worldwide capacity...
The Supreme Court upheld Maharashtra’s right to withdraw electricity duty exemptions for captive power plants, overturning a 2009 Bombay High Court decision. The court validated state notifications from April 2000 and April 2001 but delayed implementation for one year to give firms...
The UK government has officially barred Chinese turbine maker Mingyang from supplying equipment to offshore wind projects in British waters, citing national‑security concerns. The decision follows industry requests for a clear stance after Mingyang was linked to a 560 MW floating...
The Iran‑Israel war has disrupted roughly a fifth of global gas flowing through the Strait of Hormuz, driving oil and gas prices higher and reviving calls for renewable investment. Colombian Environment Minister Irene Vélez Torres says the crisis creates a...
Geopolitical turmoil in the Middle East has driven jet‑fuel prices to record highs, forcing airlines such as Wizz Air to project roughly $55 million in losses. The shock underscores aviation’s exposure to fossil‑fuel volatility and accelerates interest in sustainable alternatives. Emerging technologies...
India has commissioned roughly 8,000 tonnes per annum of green hydrogen capacity under the National Green Hydrogen Mission as of February 2026. The government targets 5 million tonnes annually by 2030, positioning the country as a global export hub. About ₹700 crore...
The ongoing Iran‑Israel conflict has effectively closed the Strait of Hormuz, threatening to trap offshore‑wind components fabricated in the United Arab Emirates. Projects in the UK’s Norfolk waters and several German‑Netherlands North Sea farms, each slated to power millions of...
Elexon is developing a new digital platform to centralise Britain’s emerging flexibility markets, aligning with the Flexibility Market Rules introduced last year. The system will replace fragmented processes with a single, authoritative hub where providers, system operators and other participants...
Ukraine launched a massive drone strike on Russia’s Ust‑Luga Baltic port, igniting storage tanks at Novatek’s oil‑product facilities and forcing a halt to crude loadings of roughly 450,000 barrels per day. Russian defenses intercepted 389 drones, the highest number recorded...
The West Asia war that began on 29 February 2026 has pushed global petrol prices to an average of $1.41 per litre, with the United States seeing a 30.2% jump to $1.13/L. Australia leads the surge at 42% higher, while Sri Lanka’s...
Low Carbon Contracts Company (LCCC) has signed more than 200 Contracts for Difference (CfDs) in Allocation Round 7 and 7a, covering roughly 14 GW of new renewable capacity. The portfolio includes 8.2 GW of fixed‑bottom offshore wind, 4.9 GW of solar and 1.3 GW of onshore...
India is fast‑tracking energy self‑reliance after the Iran war, highlighted by ONGC’s $20 billion deepwater drilling tender that demands rigs within 80 days. The initiative is part of Mission Samudra Manthan, which aims to lift exploratory wells from 30 to 100 per...
After 13 years of development, the 2.6‑gigawatt Coastal Virginia Offshore Wind (CVOW) project began feeding electricity into the U.S. grid, representing a $11.5 billion investment and the nation’s largest offshore wind farm. The project overcame a Trump‑issued stop‑work order that added...
Baker Hughes has been awarded a contract to provide gas compression and power generation equipment for ST LNG’s proposed 8.4 million‑tonne‑per‑annum offshore export terminal off Matagorda, Texas. The deal includes two LM6000PF turbine‑driven centrifugal compressor trains and three NovaLT16 turbine generator...
Baker Hughes secured a contract to supply gas compression and power generation equipment for ST LNG’s proposed offshore liquefied natural gas export terminal off Matagorda, Texas. The agreement includes two LM6000PF turbine‑driven centrifugal compressor trains and three NovaLT16 turbine generator packages,...
France’s energy regulator (CRE) announced lower feed‑in tariffs for photovoltaic (PV) systems up to 100 kW, effective April‑July 2026. The 9‑36 kW tier now receives €0.805 (≈$0.93) per kWh, while 36‑100 kW gets €0.70 (≈$0.81) per kWh, and surplus electricity is compensated at €0.473 (≈$0.55) per kWh....
American Battery Factory (AFB) has locked in offtake agreements for 4.5 GWh of the 5.5 GWh output slated for its Arizona LFP gigafactory, clearing a major financing hurdle. The plant, built with Sprung Structures’ rapid‑deploy fabric modules, will begin production in late 2027...
The UK government is proposing a pay‑per‑mile duty on electric vehicles to replace traditional road tax. The British Vehicle Rental and Leasing Association (BVRLA) estimates the scheme could impose about £260 million (≈ $330 million) in annual compliance costs, including £75 million (£95 million) for...
GeoForce Technical Services, part of Oceanscan and Venterra Group, has secured a six‑month geotechnical survey contract with Reach Subsea for the Shetland HVDC Link 2 project. The survey will map seabed conditions, analyse sediments and conduct core penetration testing to support...
India’s cabinet approved a new climate pledge to cut emissions intensity by 47 percent by 2035, relative to 2005 levels. The target builds on a 36 percent reduction achieved between 2005 and 2020 and is paired with a plan to raise clean‑power...
Poland is emerging as a dominant offshore wind investor, committing roughly $17 billion—about one‑third of the EU’s $49 billion wind‑sector investment for new capacity. The country targets 11 GW of offshore wind by 2040, backed by successful auctions and a stable regulatory framework....
The Iran‑Israel war has shut the Strait of Hormuz, driving up Asian LNG prices and prompting Beijing to reconsider its heavy reliance on maritime energy imports. Analysts say the disruption revives interest in the stalled Power of Siberia‑2 pipeline, a...
EcoNavis Solutions installed its Eco Boss Cap on a second Kaizen vessel, the 32,491 dwt bulk carrier YC Fortitude, following the July 2025 retrofit of the 31,807 dwt general cargo ship SYFC Araya. After six months of operation, Kaizen reported fuel savings between 2.2% and...
