Energy News and Headlines
Energy News and Headlines
Energy Pulse
EMAIL DIGESTS
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EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
A recent analysis identified roughly 60 ESG‑focused funds that continue to hold shares in BP, despite the oil major’s public commitment to a net‑zero emissions pathway. Among the largest custodians are BlackRock, Legal & General and UBS, which together represent a significant portion of the remaining exposure. The findings highlight a gap between ESG branding and actual portfolio composition, suggesting many funds have not yet re‑evaluated their positions in fossil‑fuel companies. This persistence occurs even as investors increasingly demand climate‑aligned allocations.
China’s economy is largely insulated from the recent global energy price spikes triggered by Middle East tensions. Although oil and gas import bills will rise, long‑term contracts, domestic coal dominance, and sizable strategic reserves limit cost pass‑through. The country’s low...
Nigeria is launching Grid Asset Management Company Limited (GAMCO) to revive idle power plants and upgrade transmission, aiming to add up to 1,600 MW of electricity within two years. The pilot focuses on the Benin‑Lagos corridor, targeting three gas‑fired plants with...
The H‑POWER waste‑to‑energy plant on Oʻahu generates about 340 GWh annually, roughly 4‑5% of the island’s electricity, but emits ~0.88 tCO₂e per MWh—comparable to coal. Its feedstock is 14% plastic and up to 30% recyclable material, creating significant fossil‑carbon emissions. Solar PV...
The International Energy Agency announced a coordinated emergency release of up to 400 million barrels of crude oil, the largest ever, yet Brent futures surged to near $100 per barrel. Market analysts attribute the rally to ongoing disruptions in the Persian...
The Morning Brief podcast examines an unprecedented oil shock triggered by the effective closure of the Strait of Hormuz, cutting more than 10 million barrels of crude per day—about twice the 1956 Suez disruption. With virtually no spare production capacity, Brent crude...
JIJ Europe Ltd., together with ORCA Computing, bp and the National Quantum Computing Centre, has launched a SparQ‑funded project to validate a quantum‑classical hybrid workflow for the Unit Commitment problem in power generation scheduling. The approach decomposes large mixed‑integer linear...
Investors are confronting a pivotal question as capital floods the broader energy sector: how much coal exposure is acceptable. While renewable projects dominate headlines, coal still accounts for a sizable share of global power generation and remains embedded in many...
Oil prices climbed on Wednesday even as the International Energy Agency and partner nations prepared to release roughly 400 million barrels of strategic reserves, the largest coordinated drawdown ever considered. Traders, however, priced in heightened geopolitical risk from the escalating Iran‑related...
KLX Energy Services Holdings reported Q4 2025 revenue of $157 million, in line with guidance, and generated $23 million of adjusted EBITDA, the highest quarterly amount of the year with a 14% margin. The Northeast/Mid‑Con segment delivered a 25.3% adjusted EBITDA margin,...
Aemetis reported Q2 2025 revenue of $52.2 million, up $9.3 million thanks to resumed biodiesel shipments to India. The company highlighted a 30% boost in dairy RNG output, seven CARB‑approved low‑carbon pathways, and a surge in California LCFS credit prices to about...
SandRidge Energy reported a strong Q4 2025 and full‑year performance, with average daily production climbing to 19.5 MBOE in the quarter and 18.5 MBOE annually, a 12% increase on a BOE basis and 32% rise in oil output. Revenue grew 25% to...
A federal judge in January 2026 ordered the release of the $5 billion NEVI program funds that had been frozen by the Trump administration. The thaw restores congressional appropriations for a nationwide EV charging network, but the year‑long pause forced states...
The United States will release 172 million barrels from its Strategic Petroleum Reserve over the next 120 days, joining a 400‑million‑barrel drawdown coordinated by the International Energy Agency. The emergency release aims to ease the sharp rise in crude prices...
Iran has escalated its rhetoric and threats around the Strait of Hormuz, a chokepoint that moves roughly one‑fifth of the world’s oil and LNG. The move is part of a broader narrative battle with the United States amid the ongoing...
Australia’s Clean Energy Regulator (CER) has permanently suspended Phenix Trading’s registration under the Renewable Energy (Electricity) Act 2000, barring the firm from creating renewable energy certificates. The decision follows earlier bans by New South Wales and Victoria regulators for exaggerated...
President Trump’s decision to intensify military pressure on Iran sparked a sharp rally in global oil markets, pushing U.S. gasoline prices above $3.50 per gallon for the first time in years. The price surge coincided with the lead‑up to the...
An oil tanker near Iraq's Umm Qasr port caught fire, with early reports indicating a possible direct attack on the vessel. Witnesses said multiple tankers were ablaze, suggesting a coordinated incident. The event adds to a series of recent assaults...
South Portland, Maine’s first year of fenceline monitoring revealed benzene concentrations above state limits at two petroleum tank farms—Citgo and Buckeye Partners. The Citgo site averaged 2.18 µg/m³ (limit 1.28 µg/m³) and Buckeye peaked at 3.05 µg/m³, with a short‑term spike of 11.8 µg/m³...
The International Energy Agency (IEA) announced a coordinated release of 400 million barrels of oil from the strategic reserves of its 32 member nations, the largest emergency drawdown in its history. The move is designed to offset the abrupt loss of...
BP announced a $21 million bid for a single offshore lease block in the U.S. Gulf of Mexico. The purchase stands out in an otherwise muted lease sale that has attracted limited interest from other operators. The transaction comes as geopolitical...
President Donald Trump announced that the United States will draw 172 million barrels from the Strategic Petroleum Reserve over the next four months, the first release since 2022. The move comes as the U.S. and Israel’s conflict with Iran has pushed...
The West Virginia Public Service Commission revisited its August 2025 rate‑case ruling for AEP’s Appalachian Power and Wheeling Power, raising the approved revenue increase to $91 million—just 36 % of the original $250 million request—and setting the allowed return on equity (ROE) at 9.25%....
China is intensifying its drive for energy self‑sufficiency by accelerating investments in low‑carbon technologies such as solar, wind, batteries and electric vehicles. The ongoing war in the Middle East, which has disrupted oil and gas imports, underscores Beijing’s anxiety over...
The Gulf conflict has jolted oil and gas supplies, reinforcing the long‑term economic case for clean‑energy projects. Yet the immediate fallout—rising inflation and tighter credit—could choke funding for low‑carbon initiatives. Analysts warn that the war’s duration and the speed of...
Yamal LNG, Russia’s Arctic liquefied natural gas project, has announced that its current cargoes will be shipped exclusively to European markets. This decision comes despite a surge in Asian demand driven by the Middle East conflict and the restart of...
G7 leaders reaffirmed their commitment to Russia sanctions while confronting the ripple effects of the U.S.–Israeli conflict on Iran and global energy markets. They agreed to deepen coordination with Gulf partners to safeguard shipping lanes and stabilize oil supplies. A...
Birchcliff Energy filed its audited 2025 financial statements and annual information form, confirming record annual average production and a significant reduction in debt. The company reaffirmed its 2026 guidance, emphasizing an unhedged exposure to natural gas, oil and NGLs and...
Peak Energy and RWE Americas are launching the first sodium‑ion battery storage pilot on the Midcontinent Independent System Operator (MISO) network in eastern Wisconsin. The passively cooled system, branded GS1.1, promises to cut the lifetime cost of stored electricity by...
The International Energy Agency announced it will release 400 million barrels of oil from members' emergency reserves, the largest drawdown in its history and more than double the 2022 release for Ukraine. The volume represents roughly 20 days of oil...
India has postponed a full ban on fuel exports despite a supply squeeze triggered by the Iran‑related West Asia conflict. The delay stems from logistical bottlenecks, the risk of breaching existing export contracts, and the need for a tax waiver...
EPB of Chattanooga has commissioned five battery‑based microgrids delivering 29 MW of power and 58 MWh of storage across two sites, bringing its front‑of‑meter storage to 45 MW/95 MWh. The utility plans to add another 45 MW of storage within 12 months and reach 100‑150 MW...
SolaTrim announced the SolEmber mesh system, a fire‑storm ember‑blocking shield for residential solar arrays on sloped roofs. The product uses 304 stainless‑steel and a low‑visibility black powder‑coat, meeting ASTM E2886, Class A fire‑rating, and WUI/IWUI certifications. SolEmber is positioned as a code‑compliant...
Baker Hughes reported that the North America rig count slipped to 756 this week, eight rigs lower than the previous week. The U.S. portion rose slightly to 551 rigs while Canada fell to 205, driving the regional decline. Oil rigs...
The Bureau of Ocean Energy Management’s second "Big Beautiful Gulf" auction (BBG2) yielded $46.98 million in high bids, a steep decline from the $279.4 million generated in the inaugural sale. Only 38 bids from 13 firms covered 25 blocks on roughly 141,000...
Unicorn Systems has upgraded the Nordic Balance Settlement (NBS) model, enabling the new Independent Aggregator role for balancing services across Denmark, Finland, Norway and Sweden. The enhancement, built on the Damas MMS:E platform, introduces 15‑minute settlement, expanded invoicing products and...
Two Democratic senators, Mark Kelly and Richard Blumenthal, introduced the Gas Prices Relief Act to suspend the 18.4‑cent‑per‑gallon federal gasoline tax until October 1. A companion bill will be filed in the House by Rep. Chris Pappas. The proposal aims to...
Maersk has begun sourcing marine fuel from the United States and Europe to supply its Asian fleet, after recent disruptions in the Strait of Hormuz left key Middle‑East and Asian bunkering hubs unable to meet demand. Chief commercial officer Karsten...
Pure Data Centres Group and AVK have commissioned Europe’s first large‑scale, 110 MW on‑site microgrid at Pure DC’s Dublin campus. The system comprises three 30 MW energy centres that deliver dispatchable power, combined heat‑and‑power capability, and waste‑heat recovery during early‑phase development. Designed...
World leaders agreed to release 400 million barrels from strategic reserves, the largest coordinated IEA drawdown ever, to counter a sharp Brent price surge after the Iran war began. Despite the announcement, Brent crude rose to about $91 per barrel, indicating...
Malaysia will raise fuel prices from tomorrow, with RON97 climbing to RM3.85 per litre (up 60 sen) and diesel to RM3.92 per litre (up 80 sen). Unsubsidised RON95 will increase to RM3.27 per litre. The new rates apply until 18 March, while the...
Bond market volatility spiked on Wednesday after three cargo vessels were struck near the Strait of Hormuz, pushing 10‑year U.S. Treasury yields from just above 4.14% to near 4.20%. The attacks revive concerns over oil‑supply disruptions, keeping Brent crude roughly...
Italian Prime Minister Giorgia Meloni announced that Italy will request an immediate suspension of the EU Emissions Trading System for fossil‑fuel‑fired power generators, arguing the scheme adds roughly €30/MWh, or about a quarter of household electricity costs. The move is...
Iran escalated its campaign against Gulf allies by launching drones that struck Dubai International Airport, wounding four people, and by hitting commercial vessels in the Strait of Hormuz. The Iranian military also announced plans to target banks and financial institutions...
Russian crude output slipped 0.6% in February, falling to 9.184 million bpd, as sanctions pressure persisted but a U.S. waiver helped Indian imports rebound. Saudi Arabia simultaneously boosted production to over 10.1 million bpd, citing a contingency plan amid escalating U.S.-Israeli strikes...
The recent US‑Israeli war against Iran has ignited a fresh energy shock, pushing crude oil prices above $100 per barrel and tightening natural‑gas markets. Jim O’Neill draws parallels with the 1979‑1982 oil crisis, warning that producers cannot rely on sustained...
The article outlines four near‑term affordability solutions states and utilities can deploy to curb rising electricity bills: AI‑enabled load planning, advanced transmission technologies, demand‑side flexibility, and grid‑friendly large‑load tariffs. It cites pilots such as PJM’s AI partnership, PPL’s dynamic line...
Fullmark Energy’s 20 MW/80 MWh Johanna battery storage project in Santa Ana demonstrates how a lean engineering team can profitably operate in CAISO’s increasingly complex market. By deploying advanced analytics that calculate a true state‑of‑charge, the team avoids over‑bidding penalties and maintains continuous...
Airbus, RWTH Aachen, DLR and other partners launched GENtwoPRO, a German‑funded project to develop a low‑temperature PEM fuel‑cell system for regional aircraft up to 100 seats. The initiative, part of the LuFo VII‑1 programme, targets megawatt‑scale power density and rapid...
Former US secretary of state John Kerry warned that the recent oil price surge caused by the war in Iran underscores the security risks of dependence on fossil fuels. He called for countries to achieve energy independence by accelerating deployment...
