Vietnam Proposes Revised Power Decree to Improve Financial Viability of LNG Projects
Vietnam’s Ministry of Industry and Trade has drafted amendments to Decree 56/2025 to improve the financial viability of LNG‑fired power projects. The proposal raises the minimum contracted electricity output (Qc) from 65% to 75% and extends the guarantee period to 15 years, aiming to give lenders more predictable revenue streams. The ministry consulted 19 agencies and major energy firms, balancing investor demands with concerns about over‑contracting and higher system costs. Officials say the 75% threshold offers a compromise that protects grid stability while encouraging investment.
The Commodities Feed: Middle East Re-Escalation Pushes Oil Prices Higher
The cease‑fire between the United States and Iran is unraveling, with U.S. forces striking Iranian boats and Iran allegedly hitting a U.S. warship and UAE infrastructure. Brent crude rallied 5.8% to settle above $114 per barrel, while Fujairah port—crucial for...
Philippines Could Cut $28 Million in Fossil Fuel Imports by Meeting 2030 Solar Target, Says Report
A Zero Carbon Analytics report estimates that hitting the Philippines' 9.5 GW solar goal by 2030 could shave roughly $28 million off coal and gas import bills. The avoided spending breaks down to about $23.6 million in LNG costs and $4.5 million in coal...
Sawlog Residues Locked Out of US Biomass 216 to 210 on House Floor
The House rejected Congressman Cliff Bentz's amendment to expand the Renewable Fuel Standard (RFS) to include sawlog residues and other wood processing leftovers, voting 216‑210 on April 30. The amendment aimed to create a domestic market for low‑value wood by...
Agriculture and Manufacturing Call for National Ethanol and Biodiesel Mandate
Agriculture and manufacturing bodies representing more than 150,000 farms and 16 sugar plants have urged the Australian government to impose an immediate national ethanol and biodiesel mandate. They argue the policy would expand domestic low‑carbon fuel production, improve fuel security...
America’s New National Security Threat: Farmers With Wind Leases
The Trump administration has put a pause on roughly 165 on‑shore wind projects sited on private farmland, citing national‑security concerns. The stalled projects would generate about 30 GW of power, enough to affect regional grids and local tax bases. The Department...
California Probes Trump Administration Deal to Cancel Offshore Wind Lease
California Energy Commission opened a probe into a $120 million payout made by the Trump administration to Golden State Wind LLC to cancel an offshore wind lease off the central coast. The investigation seeks to determine whether the payment, part of...
Oil States International Inc (OIS) Q1 2026 Earnings Call Transcript
Oil States International reported Q4 2025 results with consolidated revenue of $178 million, up 8% sequentially and year‑over‑year, driven by offshore and international markets. Adjusted EBITDA rose 9% to $23 million, while cash flow from operations surged 63% to $50 million, allowing the...
Talos Energy Inc (TALO) Q1 2026 Earnings Call Transcript
Talos Energy reported a strong 2025 performance, delivering $1.2 billion adjusted EBITDA, $418 million adjusted free cash flow and a 30% lower operating cost versus offshore peers. The company generated $72 million in free‑cash‑flow improvements—half recurring—and returned roughly 44% of free cash flow...
Centrus Energy Corp (LEU) Q1 2026 Earnings Call Transcript
Centrus Energy reported $448.7 million in 2025 revenue, a modest 1.5% year‑over‑year rise, driven by stable LEU sales and a 21% jump in SWU revenue. The company secured a $900 million Department of Energy HALEU enrichment award, with potential upside beyond...
California Resources Corp (CRC) Q1 2026 Earnings Call Transcript
California Resources Corp reported record 2025 results and set a robust 2026 outlook. Adjusted EBITDAX reached $1.25 billion and free cash flow $543 million, with 94% of cash returned via dividends and share repurchases, while leverage stayed at 1.0× and liquidity at...
Devon Energy Corp (DVN) Q1 2026 Earnings Call Transcript
Devon Energy announced a merger with Cotera Energy that aims to generate $1 billion of pretax run‑rate synergies by the end of 2027. The company reported $3.1 billion of free cash flow for 2025, supporting a $2.2 billion shareholder return package and a...
EVgo Inc (EVGO) Q1 2026 Earnings Call Transcript
EVgo reported a 50% revenue surge to $384 million in 2025, with fourth‑quarter sales jumping 75% to $118 million. The company achieved adjusted EBITDA breakeven for the first time, posting a positive $25 million in Q4 after a $24 million contract buyout. Its network...
Energy Transfer LP (ET) Q1 2026 Earnings Call Transcript
Energy Transfer reported Q1 adjusted EBITDA of $4.2 billion, lifting full‑year adjusted EBITDA to $16 billion, a 3% increase. Record volumes were achieved across all segments, while distributable cash flow held steady at $2 billion for the quarter. The company outlined a $5‑$5.5 billion...
Public Service Enterprise Group Inc (PEG) Q1 2026 Earnings Call Transcript
Public Service Enterprise Group (PEG) posted first‑quarter 2026 net income of $1.48 per share and non‑GAAP operating earnings of $1.55 per share, both up year‑over‑year. The utility invested roughly $800 million in the quarter, staying on track for a $4.2 billion full‑year...
Solid Power Inc (SLDP) Q1 2026 Earnings Call Transcript
Solid Power reported Q1 2026 revenue of $3.1 million, primarily from milestone payments tied to its SK On partnership and a DOE grant. Operating expenses fell to $29.4 million, yielding an operating loss of $26.3 million and a net loss of $13 million, or $0.06...
Southwest Gas Holdings Inc (SWX) Q1 2026 Earnings Call Transcript
Southwest Gas Holdings reported adjusted net income of $203.9 million for 2025, an 8.7% increase, and adjusted EPS of $3.65, up 19% year‑over‑year. The company set 2026 adjusted EPS guidance at $4.17‑$4.32 and raised its annual dividend 4% to $2.58 per...
Kosmos Energy Ltd (KOS) Q1 2026 Earnings Call Transcript
Kosmos Energy reported strong Q1 2026 progress, highlighting 1P reserve replacement of 90% (120% excluding the pending Equatorial Guinea divestiture), Jubilee field production above 70,000 barrels per day with a new 13,000‑bpd well, and GTA LNG output averaging 2.9 million tonnes...
EOG Resources Inc (EOG) Q1 2026 Earnings Call Transcript
EOG Resources reported record $4.7 billion free cash flow for 2025 and returned 8.2% of market cap to shareholders through dividends and buybacks. The company cut well costs by 7% by extending laterals and improving efficiencies, while adding 16% to proved...
WEC Energy Group Inc (WEC) Q1 2026 Earnings Call Transcript
WEC Energy Group reported adjusted 2025 earnings of $5.27 per share, topping its guidance and reflecting an 8% increase over 2024 after excluding a $0.46 per‑share settlement charge in Illinois. The company raised its five‑year capital plan to $37.5 billion, driven...
Bristow Group Inc (VTOL) Q1 2026 Earnings Call Transcript
Bristow Group reported adjusted EBITDA of $246 million for 2025, a 4% increase year‑over‑year, and reaffirmed its 2026 outlook with adjusted EBITDA projected between $295 million and $325 million, roughly 25% growth. Total revenue rose to $1.46 billion, and the company...
Peabody Energy Corp (BTU) Q1 2026 Earnings Call Transcript
Peabody Energy reported record safety and environmental performance in Q4 2025 and launched longwall mining at its Centurion mine ahead of schedule. The mine is slated to ship 3.5 million tons of premium hard‑coking coal in 2026, rising to 4.7 million tons...
Greenfire Resources Ltd (GFR) Q1 2026 Earnings Call Transcript
Tetra Technologies reported Q1 2026 revenue of $156 million and adjusted EBITDA of $26 million, both ten‑year quarterly records when excluding the prior year’s Gulf of America Neptune benefit. Completion Fluids and Products generated $92 million, up 13% sequentially and 15% year‑over‑year, while...
Vietnam’s Race to Go Nuclear Leaves Villagers in Limbo
Vietnam is fast‑tracking its first nuclear plant, Ninh Thuan 1, with a target operational date of late 2031. The government plans to relocate about 477 households—roughly 2,000 residents—from Vinh Tuong, where snail farms have already been shut down, but no concrete compensation package has...
Abu Dhabi Selects Consortium for 2.5GW Taweelah C IPP
Abu Dhabi’s Emirates Water & Electricity Company (Ewec) has selected a consortium of Saudi Arabia’s Al‑Jomaih Energy & Water Company and Singapore’s Sembcorp Industries to develop the 2.5 GW Taweelah C independent power producer, a combined‑cycle gas turbine plant. The consortium will...
The US Blockade of Hormuz: Who Holds the Advantage?
The United States entered its third week of a naval blockade in the Strait of Hormuz, forcing 38 Iranian‑linked vessels to divert and boarding several ships in the Indian Ocean. Iran has responded by reviving a selective‑closure policy and moving...
Well-Logging Identification of Shale Lithology via FAtt-CNN: A Case Study From the Lianggaoshan Formation, Sichuan Basin
Researchers introduced a Feature‑Attention Convolutional Neural Network (FAtt‑CNN) to improve lithology identification in continental shale reservoirs. Using neutron‑acoustic (ND) and photoelectric‑resistivity (PR) envelope values, the model was tested on the Lianggaoshan Formation in the Sichuan Basin. It achieved a 91.95%...
Southeast Squeeze, Eastern Chill Set Up Clash in Spot Natural Gas Markets
Spot natural gas prices jumped on Tuesday as a brief cold snap hit the Northeast and Midwest while a force‑majeure outage knocked out a major Southeast pipeline. The supply constraint lifted prices at key hubs in the Southeast and added...
Happening This Week at SBC – Partner McKinstry and Seattle Colleges Transform Campuses
Smart Buildings Center highlighted a new case study showing how McKinstry partnered with Seattle Colleges to overhaul campus facilities for greater energy efficiency. The collaboration focuses on meeting Washington’s Clean Buildings Performance Standard while reducing operating costs. Over a decade...
Mack Doubles Battery-Electric Infrastructure Program Size
At the 2026 Advanced Clean Transportation Expo, Mack Trucks announced it is doubling the size of its battery‑electric infrastructure program by adding ABM and Lane Valente Industries to the existing InCharge Energy and Heliox partners. The expanded turnkey network will...
'Help Cattle Producers Hold Onto Their Land and Livelihoods': This First-of-Its-Kind Solar Ranch in Tennessee Uses Ingenious Sensors to Shelter...
Silicon Ranch launched a 40‑acre solar ranch in Christiana, Tennessee, where panels tilt horizontally to let a small herd of cattle graze beneath them. The system produces roughly 5 MW of electricity for a rural cooperative while preserving pasture, and the...
Lower Fuel Standards Pose Health Risk
Kenya’s Trade Cabinet Secretary Lee Kinyanjui announced a six‑month suspension of its fuel quality standards, raising the allowable sulphur content in petrol and diesel to 50 mg/kg. The move aims to cushion the economy from Middle‑East‑driven supply shocks but re‑opens the...
Could Production Dips, LNG Demand Finally Push Natural Gas to $3?
NYMEX natural‑gas futures rose on Monday as a confluence of lower domestic output, persistent liquefied natural‑gas (LNG) export demand, and a milder heating outlook in the Midwest and Northeast lifted market sentiment. Production is estimated at 106.6 billion cubic feet per...
IMF Says Worst-Case Global Economy Warning Is Now the Working Assumption - Oil Shock Hit
The International Monetary Fund has dropped its mild slowdown baseline and moved to an adverse scenario, warning that a prolonged Middle East conflict could keep oil at $125 a barrel through 2027. Georgieva said this price path would generate a...
Virginia Corporation Commission Approves Dominion Energy NEM 2.0 that Looks Very Similar to NEM 1.0
The Virginia State Corporation Commission approved Dominion Energy’s NEM 2.0 tariff, keeping the 12‑month net‑energy‑metering period while boosting compensation for excess generation by an additional penny per kilowatt‑hour. The commission rejected Dominion’s proposed application fee of $100‑$750, instead allowing a modest...
China Invokes Rules to Blunt US Sanctions on ‘Teapot’ Refiners
China invoked its five‑year‑old Blocking Rules for the first time to refuse enforcement of U.S. sanctions on five mainland “teapot” oil refiners, including newly designated Hengli Petrochemical (Dalian). The Ministry of Commerce ordered Chinese companies and banks not to comply...
“Guerilla” Solar Installations Discovered, Need To Be Controlled, Says Philippine Power Distributor
Manila Electric Company (Meralco), the Philippines' largest private distributor, warned that roughly one‑third of rooftop solar – about 370 MW in the commercial sector alone – operates without registration or safety certification. The unregulated "guerrilla solar" market offers cheaper installations, sidestepping...
Can This New Partnership Help Accelerate Nuclear Deployment in the US?
Brookfield and The Nuclear Company (TNC) have formed a joint venture to develop Westinghouse AP1000 and AP300 reactors, beginning with managing the Fairfield County project in South Carolina, formerly VC Summer Units 2 and 3. The new firm will handle...
Over A Barrel? Middle East Energy Crisis' Next Phase
The Iran crisis has tightened oil and gas supplies, pushing Brent to $114 a barrel and WTI to $105. Asia and Europe are bearing the brunt of the shortage, while U.S. crude and refined product exports have surged to record...
Fratelli Cosulich Launches Newest Methanol Vessel
Fratelli Cosulich’s Marine Energy Unit launched its second methanol‑ready vessel, Lucia Cosulich, on May 2 2026 at Taizhou Maple Leaf Shipyard in China. The ship is the second of a planned four‑vessel series designed for IMO II compliance and built with phenolic epoxy tank...
The World Wastes More Gas Each Year Than the Strait of Hormuz Supplies
The Strait of Hormuz historically shipped about 20% of the world’s LNG, but recent blockades have halted that flow, highlighting a larger issue: global venting and flaring waste more gas than the strait supplies. An estimated 112 billion cubic meters are...
Oilsands Group Says Progress on MOU Too Slow, Takes Aim at 'Uncompetitive Industrial Carbon Tax'
The Oil Sands Alliance, representing Canada’s five largest oilsands firms, warned that capital spending has slumped to roughly US$8.8 bn a year (2016‑2025), down from about US$16 bn a decade earlier. The group blames the federal‑provincial impasse over an industrial carbon tax—now...
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Just 11 States Still Have Gas Below $4 as Prices Keep Rising—See Your State Average
Gasoline prices surged to a national average of $4.46 per gallon, the highest level since July 2022, as the Iran conflict pushes crude oil higher. After a brief two‑week dip, the market has added 44 cents since April 22, lifting the price...
Why the U.S. Is Pouring Billions Into Energy Projects in the Balkans
The United States has committed billions to energy infrastructure in the Western Balkans, highlighted by a $1.5 bn Bosnia‑Croatia pipeline linking to the Krk LNG terminal. The deals, including a $6 bn LNG supply contract in Albania and a $58 bn AI data‑center...
Traffic in the Strait of Hormuz Won’t Return to Normal Until August or Later, According to Kalshi Traders
Prediction‑market traders on Kalshi see only a 56% chance that Strait of Hormuz traffic normalizes by August, with odds rising to 57% for September. The market defines normal flow as a 7‑day moving average of 60 vessels per day, based...
WTI Crude Rises More than $4 and the Bond Market Is Noticing
WTI crude futures jumped more than $4, with June contracts closing at $106.42 and December contracts climbing to $83.67, a new March‑23 high. The rally follows Iran's attack on UAE oil infrastructure, heightening supply concerns in the Gulf. At the...
Spot Natural Gas Prices Gaining as Weather Demand Builds
Natural gas spot prices edged higher on Monday, with the NGI Spot Gas National Average climbing 3 cents to $1.545 per MMBtu. The rally was driven by cooling weather forecasts that are expected to lift heating demand across the Northeast and...
Signals From the Strait: Studying the Leading Effects of Oil Price Shocks on Private Markets
The analysis links WTI oil price movements to capital flows into energy‑focused private‑market funds, revealing distinct reaction patterns across major shocks. During the 2007‑08 price surge, fund contributions rose sharply but fell within 1‑2 quarters as the recession hit. The...
Guyana President: Energy Supply-Demand Gap Widens Further
Guyana President Irfaan Ali warned that the global energy supply‑demand gap is widening as the Iran‑Israel conflict pushes oil prices above $100 a barrel and disrupts key chokepoints like the Strait of Hormuz. The war has strained infrastructure and forced nations...
Australians Are Making Their Own Diesel Because Australia Isn't Dangerous Enough Already
Australians are turning to homemade biodiesel as diesel prices hover around $7 per gallon, prompting a surge in DIY recipes that mix used cooking oil with hazardous chemicals such as methanol and sodium hydroxide. 9News warns the process is dangerous,...