Energy News and Headlines
Energy News and Headlines
Energy Pulse
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EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
European Energy commissioned the 108 MW Lancaster Solar Farm in Victoria, delivering power to Apple under a long‑term power purchase agreement. The facility comprises roughly 170,000 solar panels and was inaugurated during the Danish Royal Couple’s state visit, with Yorta Yorta community representatives present. The project adds to European Energy’s expanding Australian portfolio, which now includes a roughly 10 GW pipeline of solar, wind and battery projects. Nearby assets such as Winton North and Mulwala are also moving toward commercial operation in 2026.
Researchers at Helmholtz‑Zentrum Dresden‑Rossendorf introduced a reproducible theoretical framework for designing polyheptazine imide photocatalysts. Using many‑body perturbation theory, they modeled the effect of 53 different metal ions on charge separation and visible‑light absorption. Experimental synthesis of eight ion‑doped materials confirmed...
Greek shipowner George Procopiou is expanding his crude carrier fleet with an order for four 306,000‑dwt VLCCs from Hengli Heavy Industry, placed through Dynacom Tankers. The contracts are valued between $400 million and $600 million. This deal marks the second VLCC order...
Southern California regulators rejected a landmark clean‑heat rule that would have pushed electric heat pumps and phased down new gas heaters, after receiving more than 20,000 public comments opposing the proposal. An investigation by the Los Angeles Times found that...
Eskom announced 300 consecutive days without load shedding, highlighting a sustained recovery of its generation fleet. The utility's energy availability factor (EAF) averaged 65.85% for the fiscal year, surpassing the 70% mark on 83 occasions. Unplanned outages fell 53% to...
Researchers introduced single Ni atoms into Ru clusters supported on nitrogen‑boron doped carbon to manipulate interfacial water structure for alkaline hydrogen evolution. The Ni atoms shift the charge distribution of Ru, causing K⁺·H₂O hydrate molecules to reorient and bind more...
Frankfurt Airport’s operator Fraport is executing a multi‑pronged renewable energy plan that combines long‑term offshore wind power purchase agreements with on‑site vertical photovoltaic installations. Starting mid‑2026, an 85 MW PPA with the He Dreiht wind farm will supply roughly 372 GWh of...
The Middle East conflict has reignited a global gas supply shock, pushing European natural‑gas prices up 70% in a week and reviving demand for U.S. liquefied natural gas (LNG). Venture Global (NYSE:VG), a fast‑growing U.S. LNG producer, leverages modular plant...
European integrated utilities are confronting a structural surge in grid‑focused capital expenditure as electrification and renewable integration accelerate. The heightened spending supports long‑term earnings visibility but creates near‑term pressure on leverage and external funding. Credit resilience diverges: Iberdrola, E.ON and...
DNO ASA announced a non‑cash asset swap with Equinor, trading its stakes in four non‑core Norwegian Continental Shelf discoveries for a 19% interest in the Atlantis field and a 10% interest in Afrodite, both adjacent to the Kvitebjørn area. The...
Saudi Aramco is giving long‑term oil customers the option to receive April allocations through the Red Sea port of Yanbu as the Strait of Hormuz remains blocked. Deliveries from Yanbu will be limited by pipeline capacity, so buyers will receive...
The Iran war has triggered a sharp surge in European energy prices, with gas costs jumping 50% in just two weeks. UN climate chief Simon Stiell warned that the crisis highlights the security risks of the EU’s heavy reliance on...
Bajel Projects announced a Rs 700 crore ultra‑mega EPC contract from Maharashtra State Electricity Transmission Company Limited to build a 400/220 kV air‑insulated substation and associated transmission lines in Saswad, Pune. The deal, the largest in the firm’s power‑transmission portfolio, drove the stock...
Researchers introduced pyrene‑based covalent organic frameworks (PyCOFs) as bulk dopants for formamidinium lead iodide (FAPbI3) perovskite solar cells. The COFs feature π‑conjugated linkages and Lewis‑basic groups (–C≡N, –C═N–, –SH) that coordinate with undercoordinated Pb2+ sites, passivating deep traps without altering...
Crude oil is edging toward the $100‑a‑barrel mark, reigniting enthusiasm for energy equities. While the price rally looks attractive, history warns that impulsive, panic‑driven buying often backfires. Investors are urged to scrutinize balance sheets, cash‑flow stability, and each company’s position...
EU foreign and energy ministers convened in Brussels to address mounting risks to energy security as Iranian tensions disrupt shipping routes and threaten supply chains. Norway positioned itself as a dependable gas supplier, offering a potential lifeline for the bloc....
Crude oil prices jumped more than 40% in just 15 days after the U.S.-Israel‑Iran conflict disrupted the Strait of Hormuz, pushing the benchmark to about $103 a barrel. Former IMF chief economist Gita Gopinath warned that if oil averages $85...
ABB’s latest report shows 63% of Malaysian industrial leaders have already invested in energy efficiency, with another 33% planning action within a year. Energy costs represent roughly a quarter of operating expenses, and 61% of firms say rising prices threaten...
Marine fuel sales at Singapore, the world’s largest bunkering hub, slipped 10.6% month‑on‑month in February to 4.67 million tonnes, though they were 12.8% higher than a year earlier. Low‑sulphur VLSFO volumes fell 9.8% and high‑sulphur fuel oil dropped 15.2%, while alternative...
The International Energy Agency announced that member countries will release 400 million barrels from emergency reserves to calm markets disrupted by the West Asia conflict. Brent crude rose to $103.95 a barrel while WTI slipped to $98.62, reflecting mixed reactions. The...
The White Cliffs Solar Power Station, built in 1980, is the first commercially operated solar‑thermal plant in Australia and one of the earliest worldwide. The outback NSW site featured 14 parabolic dishes with over 2,000 mirrors each, generating steam‑driven electricity...
Finance Minister Nicola Willis said New Zealand is considering targeted, temporary assistance for households hit by soaring fuel prices, but ruled out broad fuel tax cuts, universal cost‑of‑living payments, or public‑transport subsidies. Any aid must avoid adding inflationary pressure, fit the...
Global wind capacity additions reached a record 169 GW in 2025, a 38% rise over 2024. China led the surge, installing more than 100 GW and accounting for 95% of new on‑shore capacity. Chinese turbine makers dominated the market, occupying six of...
Brent crude surged to $106.50 a barrel as strikes on Iran's Kharg Island raised supply fears, while a drone attack temporarily halted loading at Fujairah port. The International Energy Agency announced a coordinated emergency release of just under 412 million barrels,...
Britain’s science minister unveiled a £2.5 billion, five‑year programme to jump‑start a domestic nuclear‑fusion industry. The core of the plan is a £1.3 billion investment in the STEP (Spherical Tokamak for Energy Production) prototype at the former West Burton coal site, targeted...
Chief Justice Brian Preston rebuked Tamworth Regional Council’s legal challenge to the 372‑MW Hills of Gold wind project, labeling the council’s focus a “bee in their bonnet” and saying it had lost perspective. The council continues the case after the...
TotalEnergies‑Eren subsidiary TE H2 has lodged a 56‑page EPBC referral for the Wak Wak project, a proposed 2.7 GW solar farm paired with a 6 GWh battery on up to 3,400 ha near Darwin. The development, slated to start construction by May 2027, would connect to...
ClearBridge Energy Midstream Opportunity Fund (EMO) offers an 8.3% yield and 1099 tax reporting, avoiding the K‑1 hassle common in many midstream vehicles. The fund benefits from lower interest rates and AI‑driven data‑center growth but is heavily concentrated in its...
Oklo and Centrus Energy announced a joint venture to develop HALEU de‑conversion services and strengthen related fuel‑cycle supply chains. Oklo is advancing its Aurora sodium‑cooled fast‑reactor platform, backed by a Meta‑prepaid 1.2 GW power campus in Ohio slated for 2030‑34. Centrus,...
The EU has granted a rare tariff exemption to the CUPRA Tavascan, an electric SUV built in China for the European brand. The waiver removes the combined 10 % standard duty and 20.7 % China‑origin surcharge, provided the model meets a minimum...
U.S. forces struck Iran’s Kharg Island, a hub handling about 90% of Tehran’s oil exports, prompting a sharp rally in crude markets. Brent crude jumped 1.8% to $104.98 per barrel, pushing oil above $100 for the first time since the...
The Santos‑owned Narrabri coal‑seam‑gas project remains stalled without the approved Narrabri Lateral or Queensland‑Hunter pipelines. Environmental activist Sally Hunter is leading a 400‑km horseback protest to spotlight the route that cuts through the fertile Liverpool Plains and over 460 farms....
The escalating Iran‑Israel conflict is spilling into Asian energy markets, prompting the inaugural Indo‑Pacific Energy Security Ministerial in Tokyo. Ministers and industry leaders warned that regional fuel imports are increasingly vulnerable to geopolitical shocks, as military actions push oil prices...
CytomX Therapeutics outlined a flat‑production outlook for 2026 while front‑loading roughly 60% of its annual capital expenditures in the first half of the year, preserving flexibility to accelerate activity later if market conditions improve. The Deep Utica program is on...
Mach Natural Resources reported a dramatic year‑end reserve increase to 705 million BOE, more than double its March 2025 level. Q4 production hit 154,000 BOE/day with a 68% natural‑gas mix, generating $388 million in total revenue and $187 million adjusted EBITDA. The company maintained...
Northwest Natural Holding Company posted a record adjusted earnings per share of $2.93 for 2025, up from $2.33 a year earlier, driven by new Oregon rates, strong rate‑base growth, and robust organic customer additions. Sea Energy delivered 18% organic growth...
W&T Offshore reported a 10% sequential production increase to 33,500 barrels of oil equivalent per day in Q2 2025, staying within guidance. Adjusted EBITDA rose 9% to $35 million while unrestricted cash topped $120 million and net debt fell to $229 million, boosting...
China is accelerating its power‑supergrid build‑out, spurred by Middle East oil shocks, to transport wind and solar from remote western provinces to its industrial heartland. State‑owned grid operators have become the nation’s top bond issuers, selling 92.5 bn yuan of domestic...
U.S. Energy Secretary Chris Wright approved a 13% increase in exports at Venture Global’s Plaquemines LNG terminal, adding up to 0.45 billion cubic feet per day (Bcf/d) for non‑FTA destinations. The move raises Plaquemines' authorized export capacity to 3.85 Bcf/d, combining both...
U.S. Energy Secretary Chris Wright approved a 13% increase in exports from Venture Global’s Plaquemines LNG terminal, adding up to 0.45 billion cubic feet per day (Bcf/d) for non‑FTA destinations. The move raises the facility’s authorized capacity to 3.85 Bcf/d, combining both...
Donald Trump warned that he would postpone his upcoming summit with Chinese President Xi Jinping unless Beijing assists in securing the Strait of Hormuz. The demand came amid a US‑Israel war that has tightened global oil supplies and highlighted the...
The escalating U.S.-Israel conflict with Iran is disrupting global oil supplies, prompting price pressures across Asia. In Hong Kong, petrol station prices have risen modestly, while airlines such as Cathay Pacific and Hong Kong Airlines are set to double fuel...
SK On, the battery arm of SK Innovation, is pursuing at least 10 GWh of U.S. energy‑storage system (ESS) contracts this year, shifting roughly 20% of its 100 GWh global capacity to lithium‑iron‑phosphate (LFP) cells. The company is courting data‑center developers and...
California’s Natural Resources Agency ordered Houston‑based Sable Offshore to remove the segment of its Santa Ynez pipeline that crosses Gaviota State Park, after the company received a federal directive to resume oil production. The state denied Sable’s easement request and...
EU energy coordinators met on March 12 and concluded there are no immediate oil or gas supply risks despite ongoing Middle East disruptions. Oil inventories remain high and gas storage levels are stable across the bloc. Regulators consider the current framework...
In ad‑hoc meetings on March 12, the EU’s Gas and Oil Coordination Groups reported no immediate security‑of‑supply risks despite ongoing Middle East tensions. Oil inventories across member states remain at elevated levels, while gas storage fill rates are stable and not...
WinDC and US edge‑computing platform Armada have teamed up to roll out a network of renewable‑energy‑powered portable AI factories across Australia. The partnership will install 11 MW of modular data centres at wind, solar and battery sites, each deployable in about...
New Zealanders watching their KiwiSaver balances see declines as oil prices jump above $100 per barrel following the US‑Israeli attack on Iran. Higher oil costs drive inflation, interest‑rate hikes and reduced corporate profits, pushing global equity markets lower, including the...
Iran’s IRGC announced the closure of the Strait of Hormuz, prompting 150 oil and LNG tankers to remain idle and forcing Qatar Energy and others into force majeure. The shutdown stranded roughly 20 million barrels of crude per day and sent...
The National Oil Marketing Association (NOMA) says Zambia’s diesel shortage stems from delayed releases through the TAZAMA pipeline, not from oil marketers hoarding fuel. Diesel volumes entering the market have fallen short of expectations, and no allocation has been made...
