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
The Bureau of Ocean Energy Management (BOEM) issued a Notice of Intent to prepare an Environmental Impact Statement for a proposed update to the Santa Clara Unit Development and Production Plan, which would allow hydraulic fracturing on 16 existing wells at Platform Gilda, 8.8 miles offshore Ventura County, California. BOEM is using the Department of the Interior’s emergency NEPA compliance procedures, mandating an EIS draft within roughly 28 days. A 10‑day scoping period begins immediately, with a virtual public meeting scheduled for March 24, 2026. Platform Gilda, operated by DCOR, LLC, has produced over 42 million barrels of oil and 51.7 billion cubic feet of gas to date.
The Federal Energy Regulatory Commission approved Southwest Power Pool’s Consolidated Planning Process, merging generation interconnection with transmission planning. SPP will launch its first CPP window in April and introduce the GRID‑C rate, giving developers upfront cost certainty for network upgrades....
Idemitsu Renewables’ Azalea Solar and Storage Project entered commercial operation on December 31, delivering 60 MW of photovoltaic generation and a 38 MW AC/152 MWh battery system in Kern County, California. The facility is tied to a long‑term power purchase agreement with Sonoma Clean Power...
Global demand for copper and other transition metals is set to triple by 2030, prompting a scramble for new sources. Uganda’s dormant Kilembe copper mine and newly identified mineral belts could supply millions of tonnes of copper and rare‑earth elements....
Big Tech firms are rapidly scaling purchases of carbon credits to offset the soaring emissions from AI‑driven data center expansion. Amazon, Google, Meta and Microsoft increased permanent removal credits from 14,200 in 2022 to an estimated 68.4 million by 2025, according...
Porsche has moved battery module assembly for the Cayenne Electric in‑house, operating a new Smart Battery Shop in Horná Streda, Slovakia. The plant assembles 32 LG Energy Solution prismatic cells into modules, which are combined into a 113 kWh pack without a...
RWE’s Thor offshore wind farm, a 1.1 GW project off Denmark’s west coast, has begun feeding electricity into the Danish grid after the first turbine was installed. The venture, owned 51% by RWE and 49% by Norges Bank Investment Management, is...
U.S. diesel prices broke the $5 per gallon barrier on Monday, reaching a nationwide average of $5.044, the highest level since December 2022. The surge represents more than a 33% increase since the Iran‑related conflict began, outpacing gains in other...
Mangalore Refinery and Petrochemicals Ltd (MRPL) dispatched its 1000th petcoke rail rake, bound for JSW Cement’s Karnool plant. The shipment completed a second batch of 500 rakes, moving 40% faster than the first, highlighting MRPL’s operational improvements. Senior executives from...
British airport Bristol (BRS) announced a £10 million investment to build a new energy centre that will replace its gas boilers with air‑source heat pumps and an electric boiler. The modular facility will generate, store and distribute low‑carbon heat and cooling...
Triangle Energy announced the creation of Tetragon Energy, a spin‑out that will house its Philippine oil and gas assets, including three petroleum service contracts in the Sulu Sea and Cagayan Basin. The Australian firm will inject $1.5 million of seed capital...
Shipping innovators Lomarlabs and Blaze Energy have teamed up to pilot the Flex‑Fuel Reformer, a third‑generation compact onboard system that converts ammonia, methanol or LNG into hydrogen for multi‑fuel engines. The reformer will be installed on a Lomar vessel, with...
Pyth Network has launched the Pyth 24/7 Oil Index, a proprietary price feed that delivers continuous, real‑time oil pricing across global markets. By aggregating first‑party data from exchanges, institutions and trading firms, the index eliminates traditional overnight and weekend price gaps...
Origis Energy has placed its 210‑MW Wheatland Solar farm into commercial operation in Knox County, Indiana, under a 20‑year power purchase agreement with CenterPoint Energy. The project was financed through a mix of tax‑equity from J.P. Morgan and debt from...
Iran’s renewed aggression in the Strait of Hormuz triggered a sharp rebound in Brent crude, pushing prices above $103 a barrel, and sent U.S. diesel to a multi‑year high of $5 per gallon. Tehran’s threats to halt oil shipments through...
The Trump administration is drafting settlement agreements that would pay TotalEnergies nearly $928 million to cancel two offshore wind leases off New York and North Carolina. In exchange, the French firm would abandon the Attentive Energy and Carolina Long Bay projects and shift...
Fraunhofer IAP will showcase a suite of new battery materials at Inter‑Battery 2026, including solid polymer electrolytes, PFAS‑free membranes, and bio‑based carbon electrodes. The polymer electrolytes reach ionic conductivities above 10⁻⁴ S · cm⁻¹ at room temperature and are compatible with lithium‑ion, sodium‑ion, and...
Brazilian oil producer PRIO, formerly PetroRio, secured an Ibaba amendment allowing up to 14 new wells in the Frade field of the Campos basin. The approval follows an operating licence for the Wahoo field, where PRIO will drill six wells—four...
India’s parliamentary panel urged the Department of Economic Affairs to develop a strategic energy mitigation framework to shield the economy from oil price volatility. The report highlighted the need for a coordinated national strategy on critical minerals, calling for diversified...
Goldbeck Solar Polska has secured financing for an 8‑MW/16‑MWh battery energy storage system in Przeworsk, Poland, marking one of the country's first standalone BESS projects. Construction is slated to begin in Q2 2026 with grid connection and commissioning targeted for early...
Iran and its proxies have intensified drone and missile strikes on UAE energy infrastructure, targeting both downstream storage hubs and upstream production sites. A fire at Fujairah port halted oil loading and forced berths to close, while a drone hit...
New South Wales has adopted a preferred underwriting framework for solar‑battery hybrid projects as it readies two massive tenders totalling 5 GW of new capacity later this year. The AEMO subsidiary ASL favoured an export‑based long‑term energy supply agreement (LTESA) that...
Kuwait has opened its offshore oil sector to foreign investors, awarding a $1.5 billion development contract to US firm SBL and signing an exploration deal with TotalEnergies while weighing a $7 billion pipeline‑stake sale. The move follows a wave of infrastructure contracts...
Sustainable aviation fuel (SAF) is moving from niche to mainstream in business aviation, offering a drop‑in replacement that cuts lifecycle carbon emissions by 75‑80%. At NBAA‑BACE 2025, Avfuel and Bombardier highlighted that a 30:70 SAF‑jet fuel blend delivers significant emissions...
BP and Eni’s Azule Energy joint venture has begun gas production at Angola’s Quiluma field, delivering an initial 150 MMcfd with plans to reach 330 MMcfd by year‑end. Quiluma is Angola’s first non‑associated gas project, feeding treated gas to the on‑shore plant...
Shanghai‑based startup XFuel Technologies announced it can produce synthetic petroleum by converting atmospheric CO₂ and water into liquid fuel at low cost. The firm plans to construct large‑scale plants across China, aiming to reduce the country’s reliance on imported crude....
European CCS milestone: Tampnet secured a contract with Porthos CO₂ Transport to provide communications for the first offshore CO₂ injection platform on the Dutch Continental Shelf. The project will equip the converted P18‑A platform with a redundant 25 Mbit/s fiber link,...
South Korea’s Ministry of Trade, Industry and Energy imposed mandatory caps on refined fuel exports, limiting shipments to 100 % of the monthly 2025 volumes and introducing wholesale price ceilings for gasoline, diesel and kerosene. The measures, effective 13 March, aim to...
Ann Arbor is piloting a city‑run Sustainable Energy Utility (SEU) in the Bryant neighborhood, offering residents solar panels, battery storage and other clean‑energy assets while remaining connected to the existing grid. The program, approved by 80% of voters, will be...
The Queensland Government has launched a $200 million North West Energy Fund to accelerate affordable, reliable and sustainable power in the North West Minerals Province. The fund will back fast‑tracked local generation and storage projects, working with more than 20 private‑sector...
Spain’s government warned the European Union that suspending the EU Emissions Trading System (ETS) to curb soaring energy prices would be counter‑productive. Madrid argues the carbon market is a cornerstone of the bloc’s climate agenda and that a pause could...
The U.S. Supreme Court agreed to hear a case in which Exxon Mobil and Suncor argue that cities like Boulder, Colorado lack standing to sue for climate damages. The article contends that while the Court debates federal pre‑emption, the real...
Australia’s remote communities, home to about 500,000 people, rely on diesel generators for electricity, making them highly vulnerable to global fuel price shocks. Recent federal actions—temporarily relaxing fuel standards and releasing domestic reserves—aim to ease supply pressures for regional farms,...
Seadrill’s 50:50 joint venture with a Sonangol affiliate, Sonadrill Holding, has secured a contract extension for the ultra‑deepwater drillship Sonangol Quenguela in Angola. The extension exercises a seven‑well priced option, adding roughly 480 days of operation and stretching the rig’s...
Researchers at Westlake University have demonstrated an anode‑free lithium‑metal pouch cell that reaches 508 Wh kg⁻¹ energy density by using a crossover‑coupled electrolyte. The electrolyte creates a boron‑fluorine polymer‑rich solid‑electrolyte interphase (SEI) that is sub‑nanometer homogeneous, flexible, and enables uniform planar lithium...
Phillips 66 (PSQ Holdings) reported Q4 2025 earnings of $2.9 billion, or $7.17 per share, with adjusted earnings flat at $1 billion ($2.47 per share). The company completed the full acquisition of the WRB joint venture, increasing exposure to Canadian heavy crude...
Researchers have demonstrated a perovskite‑perovskite‑silicon triple‑junction solar cell that reaches a certified 30.02 % power conversion efficiency on a 1 cm² substrate. The breakthrough combines a non‑volatile additive, 4‑hydroxybenzylamine, which aligns crystal growth and suppresses non‑radiative recombination in the wide‑bandgap top cell,...
Armenian Prime Minister Nikol Pashinyan and Turkish Energy Minister Alparslan Bayraktar met on the sidelines of an IAEA summit to explore electricity interconnection, nuclear cooperation, and natural‑gas links. The dialogue builds on Pashinyan’s “Real Armenia” agenda, which prioritises economic development...
Singapore is bolstering its energy security by pairing advanced digital technologies with a diversified supply mix. The city‑state is expanding natural‑gas infrastructure, adding a second LNG terminal and creating GasCo to source fuel globally. Solar capacity is set to reach...
Cuba experienced a nationwide blackout on Monday after its aging electricity grid collapsed under the strain of fuel shortages and deteriorating infrastructure. The outage left the entire island without power, disrupting hospitals, airports, and the tourism sector that drives much...
Governments across Asia and Europe are rolling out fuel subsidies, price caps, and emergency stock releases to blunt the surge in energy and food costs triggered by the US‑Israeli war on Iran. The conflict has cut roughly one‑fifth of global...
ExxonMobil and Halliburton have successfully completed the industry’s first fully automated closed‑loop geological well‑placement system during offshore drilling in Guyana. The workflow combined rig automation, real‑time subsurface interpretation, geosteering and drilling optimization into a single digital loop. The system placed...
Eni announced the discovery of more than 1 trillion cubic feet of natural gas in two offshore wells, Bahr Essalam South 2 and South 3, located about 85 km off Libya’s coast. The gas‑bearing intervals were found in the Metlaoui Formation, the same reservoir that...
The Offshore Technology Conference (OTC) unveiled the 2026 Spotlight on New Technology Award winners, honoring 17 innovations across offshore drilling, subsea systems, digital tools, and well construction. Recipients include industry giants such as Baker Hughes, Bosch Rexroth, Fugro, Oil States,...
Texas Railroad Commission Chairman Jim Wright wrote to President Donald Trump asserting that Texas oil and natural gas production remains a cornerstone of U.S. energy security. He highlighted that the state accounts for roughly 43% of U.S. crude oil and...
Moody’s chief economist Mark Zandi warned that a sustained oil‑price spike—driven by the Iran conflict and a closed Strait of Hormuz—could push the U.S. into a recession. Moody’s machine‑learning recession model, which previously indicated a 49% chance, is expected to...
President Donald Trump appealed to U.S. allies for naval support to reopen the Strait of Hormuz as Iran’s recent attacks threaten oil shipments critical to global chip production. European and Asian partners responded lukewarmly, while India focused on securing safe...
The Iran‑Israel conflict forced a de‑facto closure of the Strait of Hormuz, prompting major carriers like Maersk to reroute via the Cape of Good Hope and driving up global freight rates. The disruption highlighted Asia’s reliance on Hormuz‑transited oil—Japan and...
Berkshire Hathaway has realized roughly $2 billion from its Occidental Petroleum stake as oil prices surged following the February Iran conflict. The conglomerate holds 264.9 million Occidental shares and warrants for an additional 83.9 million at a pre‑set $59.62 price, which are now...
The Electricity Information Sharing and Analysis Center (E‑ISAC) hosted GridEx 2025, a tabletop exercise that simulated coordinated physical attacks on a fictional power grid during the Beryllia World Chalice Games. Attendance hit an all‑time high with more than 28,000 participants,...
