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
New Mexico's sovereign wealth fund is backing a $1 billion Pacific Fusion project to build a desert‑based fusion research facility, while also pouring hundreds of millions into venture funds targeting defense and advanced tech. The fund’s revamped private‑equity program has posted a 7.3% net IRR and aims to generate both financial returns and economic impact. Parallel investments include a $350 million round for hypersonic missile maker Castelion, promising 300 jobs and $650 million in output. The initiative reflects a broader state strategy to leverage local labs, land and federal priorities to attract capital‑intensive industries.
SLB, the world’s largest oilfield services firm, fell nearly 10% as Iran‑related geopolitical tension pushed crude toward $120 per barrel, creating a valuation disconnect. The stock has rebounded to its $45 support level, suggesting buyer interest, and could test the...
Aii has launched the Energy and Carbon Benchmark, a voluntary tool that breaks down textile factory energy use by individual processes such as knitting and dyeing. The benchmark is designed to plug into existing platforms like the Higg Facility Environmental...
SMX (Security Matters) PLC is rolling out molecular traceability technology that embeds invisible markers into crude oil, refined fuels and petrochemicals, giving each batch a permanent, verifiable identity. The system lets producers, traders and investors confirm origin and chain‑of‑custody at...
The International Energy Agency announced a historic release of 400 million barrels of emergency crude, the largest drawdown in its history and about one‑third of members’ total reserves. The move aims to temper soaring oil prices triggered by the U.S.–Israel conflict...
RWE added roughly 2 GW of operating capacity in 2025, pushing its U.S. portfolio to nearly 13 GW. The firm launched 15 projects across seven states, comprising six solar farms, five wind farms and four battery energy storage systems (BESS). The BESS...
The Thai government is using the state‑run Oil Fuel Fund to subsidise diesel and gasoline as global oil prices climb, spending over one billion baht a day on the program. Losses are projected to hit ten billion baht by March 18,...
Australian federal and state governments will spend $16.3 bn subsidising fossil fuels in 2025‑26, equivalent to $31,020 each minute, according to the Australia Institute. The subsidies are set to grow 9.4%, outpacing the National Disability Insurance Scheme’s 7.6% increase. The federal...
Kenya is experiencing daily load‑shedding as peak demand outstrips firm capacity, leaving a razor‑thin reserve margin of just 2.3% in early 2026. The crisis stems from a four‑year moratorium on new power plants, rapid demand growth from industry, electric vehicles...
The Federal Energy Regulatory Commission (FERC) approved five transmission security agreements (TSAs) between Commonwealth Edison and data‑center developers, including Equinix and QTS Investment Properties Chicago. The contracts embed provisions—ramp‑up schedules, credit obligations, revenue contributions, and termination fees—to shield existing ComEd...
Western Australian farmers are confronting diesel shortages after metropolitan panic‑buying drained regional supplies, leaving some farms waiting up to three weeks for fuel deliveries. The scarcity threatens critical seeding and harvesting operations on wheatbelt, potato and horticultural farms, with limited...
Researchers at Johns Hopkins University have demonstrated an electrochemical process that uses tartaric acid, a wine‑making by‑product, to separate cobalt and nickel from lithium‑ion battery leachates. By applying sequential voltages, the method achieves over 99% cobalt purity and 96.5% nickel...
The UK government will review its planned September removal of the fuel‑duty freeze after the Iran war drove crude oil prices to about $90 a barrel, pushing petrol up 6p and diesel up 12p in a week. Prime Minister Keir...
MBS International Airport in Freeland, Michigan has completed Phase I of its solar carport project, installing a 342‑kilowatt canopy over roughly 200 parking spaces and connecting it to the grid in February. The airport became the first in the state with...
Researchers at the University of Cambridge demonstrated that electrons can traverse a polymer‑non‑fullerene interface in just 18 femtoseconds, matching the period of a single molecular vibration. By deliberately engineering a weakly coupled junction, they showed that specific high‑frequency vibrational modes...
National Grid Electricity Transmission (NGET) has agreed to a £20 million settlement with Ofgem after failures at the Harker 132 kV substation were traced to inadequate monitoring, maintenance and repair of civil assets between 2016 and 2021. The payment will be placed...
Premier Danielle Smith argues that global energy security cannot be achieved without Canadian energy supplies. She points to Canada’s 177 billion barrels of recoverable oil, valued over $12 trillion, and proposes doubling output to eight million barrels per day by 2035. Smith...
The Australian Energy Market Commission released draft technical standards requiring large data centres (30 MW or more) to ride through voltage and frequency disturbances instead of disconnecting. The rules aim to prevent cascading failures and limit the cost of grid upgrades...
OPEC’s latest Monthly Oil Market Report leaves its global supply, demand and economic forecasts unchanged despite major supply disruptions in the Middle East Gulf following the US‑Iran conflict. The organization notes that geopolitical developments warrant close monitoring, but any impact...
The Competition and Markets Authority (CMA) has launched a review into heating‑oil pricing after the Middle East conflict drove wholesale oil costs higher. Around 1.5 million UK homes, mainly in rural areas and Northern Ireland, rely on heating oil, making price...
Japan and Germany announced they will tap strategic petroleum reserves to curb soaring crude prices amid the Iran‑Israel war, following an International Energy Agency request for a 400 million‑barrel release. Japan plans to act as early as March 16, while Germany will...
Researchers introduced a thin indium tin oxide (ITO) interlayer at the back contact of Cu2ZnSn(S,Se)4 (CZTSSe) solar cells to tackle interdiffusion and absorber defects. The ITO acts as a diffusion barrier during early selenization, then self‑sacrifices to release Sn and...
OneSubsea, the SLB‑Aker Solutions‑Subsea 7 joint venture, won an EPC contract from PTTEP for subsea production systems at the Kikeh 3B Phase 2 deep‑water project offshore Malaysia. The award includes three subsea trees, a manifold, a distribution unit and integrated control systems, with...
U.S. gasoline prices have surged 20% since the Feb. 28 strikes by the United States and Israel drove oil higher. The increase will not appear in the February CPI, which is released later this week, but it will feed into overall...
Selecting the right DC‑DC converter is crucial for solar energy storage reliability. Real‑world conditions—high enclosure temperatures, fluctuating PV voltages, and the need for isolation—often differ from datasheet specifications, leading to thermal derating and unexpected resets. Boost‑buck topologies and galvanic isolation...
Ballard Power Systems announced a commercial agreement with New Flyer for 500 FCmove®‑HD+ fuel‑cell modules, delivering a total capacity of 50 MW. Deliveries are slated to begin in 2026 and will equip New Flyer’s Xcelsior CHARGE FC hydrogen buses across North America. The...
South Africa’s Minister of Forestry, Fisheries and the Environment, Willie Aucamp, announced that the government will move forward with determining appeals against offshore oil and gas exploration authorisations, ending a period of deferral. The appeals were filed under section 43 of...
Researchers from Shenzhen International Quantum Academy and Spain's CSIC have built a superconducting‑qubit quantum battery that charges faster than a comparable classical device under equal energy constraints. The experiment, published in Physical Review Letters, demonstrates a quantum charging advantage using...
Aii has launched a new Benchmarking tool that quantifies process‑level energy use and emissions across apparel factories. The tool provides independent data on energy sources, material types, and processes, allowing factories to compare performance across regions and over time. Early...
Petrobras’ P‑78 FPSO recorded its first gas injection on March 2, 2026, just 61 days after achieving first oil on December 31, 2025. The milestone moves the vessel toward full operational readiness and expands output at the deep‑water Búzios field in Brazil’s Santos Basin. Seatrium...
Bosch introduced the Fuel Cell Power Module C100 at Berlin’s Mobility Move fair, a 100 kW hydrogen system built for roof‑mounted installation on 12‑ to 18‑meter city buses. The low‑profile, 40 cm tall module complements Bosch’s existing truck‑focused FCPM line and includes...
The European Commission has cleared a €260 million Belgian state‑aid scheme for Air Liquide Large Industry NV and BASF Antwerpen NV to develop the Kairos@C carbon capture and storage (CCS) project in Antwerp. The initiative will capture CO₂ from hydrogen, ammonia...
VTT, Finland’s leading applied‑research organization, has inaugurated the FutureGrid facility in Otaniemi, Espoo. The center combines a physical microgrid with a real‑time digital twin, providing a secure environment for testing next‑generation power‑grid technologies. It targets both startups and established firms...
The U.S. Department of Energy and the National Reactor Innovation Center have launched the Nuclear Energy Launch Pad, a two‑pathway program designed to fast‑track advanced nuclear technologies. Building on the Reactor Pilot and Fuel Line Pilot programs, the initiative offers...
Repsol announced a €10 billion investment plan for 2026‑28, allocating roughly 34% of its upstream budget to the United States. The U.S. focus includes the Pikka Phase I project in Alaska, the Leon‑Castile offshore Louisiana assets, and unconventional plays in the Marcellus...
Researchers have developed a free‑standing sodium‑ion battery anode that combines bismuth nanoparticles, MoS₂ nanospheres, and a carbon nanofiber matrix with a thin carbon coating. The Bi@MoS₂@C composite delivers a reversible capacity of about 275 mAh g⁻¹ at 0.5 A g⁻¹ and retains 96 % of...
TotalEnergies, together with Repsol and Shell, has placed the Lapa South‑West development into production in Brazil’s Santos Basin. The three‑well subsea tie‑back to the existing Lapa FPSO adds roughly 25,000 barrels of oil per day, lifting total field output to...
Eco Atlantic has agreed to acquire the remaining shares of JHI Associates for approximately $52.3 million, issuing up to 96.3 million new common shares that could represent about 21.8% of its post‑transaction capital. The deal grants Eco a 35% working interest in...
Escalating hostilities between the United States, Israel and Iran have disrupted LPG shipments to India, prompting Oil Marketing Companies to issue a force‑majeure notice. Borosil Ltd, a major glass maker in Jaipur, said the shortage forced a temporary shutdown of...
Enel has completed installation of 3,730 new electric‑vehicle charging stations in Italy under the first National Recovery and Resilience Plan (PNRR) tender, covering five regions and 21 provinces. Each site provides two fast 90 kW chargers accessible through Enel’s app or...
Parameta Solutions and Marex have launched a joint netback pricing service that merges proprietary oil price benchmarks with real‑time freight data. The combined offering lets traders evaluate the total cost of moving crude and refined products, surfacing route‑level economics and...
Pennsylvania is rolling out 12 electric‑vehicle charging projects along its major roadways, backed by $54 million already committed through the federal NEVI program. To date the state has installed 30 public chargers—the highest NEVI‑funded count in the nation—and has 53 more...
Equinor has signed a two‑year agreement to supply ISCC‑EU certified bio‑methanol to Wallenius Wilhelmsen for its new dual‑fuel vessels. The fuel, produced at Tjeldbergodden and blended with biogas certificates, will be delivered at Zeebrugge and Antwerp and claims a 95 % CO₂...
Spain's energy minister Sara Aagesen announced that the country will launch its first offshore wind tender this year, targeting 3 GW of new capacity. The tender follows a similar commitment made last year, signaling Spain's accelerated push into offshore renewables. If...
Johnson & Johnson has allocated up to $40 million a year since 2005 to a carbon‑relief fund that finances low‑carbon retrofits, including a 2023 geothermal plant that slashed heating and cooling emissions at a Belgian site by roughly 30%. The company...
ABL Group has secured a marine warranty survey contract for ExxonMobil’s Hammerhead development, the seventh offshore project in Guyana’s Stabroek block. The $6.8 billion venture will install 18 subsea wells and a spread‑moored FPSO, targeting 120,000‑180,000 barrels per day by 2029....
Indian gas utility GAIL has purchased a cargo of Omani liquefied natural gas for delivery next week, priced between $17 and $20 per million British thermal units. The cargo, loaded on the vessel Orion Hugo chartered by Shell, is slated...
European consortium SIERRA, backed by €8 million Horizon Europe funding, is developing a nickel‑rich NMC battery pack tailored for electric buses. The project targets Technology Readiness Level 6, demonstrating a lightweight, high‑performance pack with advanced multiscale modelling, one‑shot manufacturing, and integrated cooling....
GREW Solar has secured a repeat order worth about ₹500 crore from an independent power producer for high‑efficiency PV modules. The supply will feed the IPP’s upcoming utility‑scale solar projects across several Indian locations. GREW operates a 6.5 GW module plant in...
Uranium Energy Corp reported Q2 FY2026 production costs in the low $40s per pound while selling at roughly $101, creating a clear profit margin. The company is establishing a domestic refining and conversion subsidiary, positioning it as the only vertically...
