Energy News and Headlines
Energy News and Headlines
Energy Pulse
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EMAIL DIGESTS
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Every morning
Weekly
Tuesday recap
VAALCO Energy finished drilling the ET‑14P exploration well at Gabon's Etame field, intersecting 10 meters of high‑quality Gamba sands but discovering a water‑bearing target zone. The lower section of the well will be plugged and abandoned, while the existing bore will be sidetracked to drill the ET‑14H development well in the Main Fault Block. The sidetrack operation is slated for completion in April, subject to partner approval. This approach reflects a pre‑planned contingency to preserve development momentum despite the non‑commercial discovery.
Lamprell and RTE International have signed a strategic Memorandum of Understanding to jointly pursue offshore wind transmission projects, focusing on engineering, procurement, construction, and installation of high‑voltage export‑cable systems. The non‑exclusive MoU leverages Lamprell’s offshore foundation and transition‑piece expertise with...
Crude oil breached $100 per barrel on March 8, its first four‑year high, driven by tighter inventories, OPEC+ output cuts, and Middle East tensions. The price surge coincided with a political jab from California Governor Gavin Newsom, who mocked former...
Ecofy Finance, a climate‑focused NBFC, is raising Rs 380 crore in a Series B equity round led by British International Investment. The round includes Rs 220 crore from BII, Rs 70.5 crore from Finnfund, and continued backing from FMO and Green Growth Equity Fund....
Philippine fuel retailers set pump prices based on the cost of the next shipment rather than the price they paid weeks ago, using a replacement‑cost accounting model tied to the Mean of Platts Singapore (MOPS) benchmark. A mandatory 15‑ to...
Formosa Heavy Industry Corporation selected Black & Veatch to engineer a new 2 × 1.2 GW H‑class combined‑cycle power plant in Mailiao, Taiwan. The gas‑fired facility will replace two coal units whose 25‑year PPA ends in 2025 and is expected to serve roughly 1.8 million...
Valeura Energy completed an infill drilling campaign on Thailand’s Manora field, bringing three new wells online – two development wells and one appraisal well – on its 70% operated working interest. The added wells lifted average oil output from roughly...
Thermocold has launched the AWA HP SEA/XEA, an air‑to‑water heat‑pump series for commercial buildings. The line spans 124‑644 kW heating and 128‑632 kW cooling capacities, delivers a COP of 3.05‑3.49, and can operate at outdoor temperatures as low as –15 °C. Units are...
Borr Drilling announced that its four jack‑up rigs deployed across Saudi Arabia, the UAE and Qatar are on standby due to escalating hostilities in the Arabian Gulf. The Arabia III unit was shut down and its crew evacuated after a March 7...
Bristol Airport and Equilibrium have completed a feasibility study exploring large‑scale production of nuclear‑derived sustainable aviation fuel (SAF) and hydrogen in the South West of England. The study shows that Small Modular Reactors could supply both fuels, supporting the airport’s...
Mitsui O.S.K. Lines (MOL) has partnered with Cyprus‑based Schoeller Holdings to jointly own two commissioning service operation vessels (CSOVs), marking its first foray into the European offshore wind support market. The 96‑meter vessels, built at China’s CSSC Huangpu Wenchong shipyard,...
Hinen has launched the N3300S, a 3 kW residential off‑grid inverter that merges a pure‑sine‑wave inverter with an integrated MPPT solar charge controller. The unit is offered in 2.4 kW, 3.0 kW and 3.3 kW variants and can deliver up to 6 kVA surge power...
Fugro has been awarded a geotechnical survey contract for the Oriel offshore wind farm off County Louth, Ireland. The survey will underpin foundation design for 25 turbines delivering 375 MW, positioning Oriel as one of Ireland’s first commercial‑scale offshore projects. Fugro’s...
Researchers introduced a cationic PDAC hydrogel electrolyte that immobilizes chloride anions, forming highly selective Zn²⁺ transport channels while simultaneously guiding (002)-oriented zinc deposition. The electrolyte achieves 5.3 mS cm⁻¹ ionic conductivity at –50 °C and a Zn²⁺ transference number of 0.87, delivering 98 %...
LG Energy Solution (LGES) will stop using cathode material from sister firm LG Chem for Tesla battery packs, shifting to external supplier L&F. The change is driven by Tesla’s demand for ultra‑high‑nickel (95% Ni) NMC cathodes that promise roughly 20%...
Researchers have introduced IDT‑R, an n‑type conjugated diradical semiconductor, to modify TiO₂ electron transport layers in perovskite solar cells. The material simultaneously passivates surface defects and raises intrinsic conductivity, addressing the long‑standing performance gap between TiO₂‑ and SnO₂‑based devices. Devices...
Anode‑free batteries (AFBs) remove the traditional lithium‑metal anode, promising higher energy density, lower cost, and improved sustainability. The recent perspective reviews advances in both liquid and solid electrolyte AFBs, detailing plating/stripping mechanisms, degradation pathways, and performance metrics. It highlights critical...
Ireland retired its final coal‑fired power plant in 2025, making it the 15th European nation to operate without coal. The closure ends a decades‑long reliance on coal for baseload electricity and follows a broader EU push toward net‑zero emissions. Ireland’s...
Shell has signed a series of oil and gas exploration agreements with the Venezuelan government, covering offshore natural gas and on‑shore projects, and partnered with local engineering firm VEPICA, KBR, and Baker Hughes. The deals clear the path for the...
Jackery unveiled its SolarVault 3 series of residential solar storage solutions in the Netherlands, offering three models tailored for apartments, larger homes, and existing PV installations. The S3 Pro and S3 Pro Max deliver up to 4000 W solar input with...
In February 2026 the European Union purchased every cargo from Russia’s Yamal LNG project, amounting to 1.54 million tonnes across 21 shipments, the first full‑yearly capture since 2018. The purchases came just nine months before the EU’s scheduled ban on Russian...
Sizewell C nuclear power station in Suffolk is adding a temporary “Green Rail Route” and upgrading the existing Sizewell Branch Line to move up to 60% of construction materials by rail and sea. The upgrades include track renewal, new signalling...
A senior UK minister said there is no immediate threat to the country’s gas supplies, refuting a report that the nation had only two days of gas left. Oil prices have surged past $100 a barrel following US‑Israeli strikes in...
The Energy Transition Expo in Rimini attracted 1,065 exhibitors and 530 buyers, marking a 10% rise in overall attendance and a 9% increase in foreign visitors. The show highlighted energy‑as‑a‑service models and a surge of interest in agrivoltaic projects, with...
Singapore‑based Vena Group has signed a Won 1 trillion (US$674 million) memorandum of understanding with South Korea’s Chungcheongnam‑do province and Taean‑gun county to develop large‑scale green‑energy projects, primarily offshore wind, by 2030. The partnership will see Vena invest the full amount, with local...
Singapore‑based Vena Group has signed a Won 1 tn ($674 m) memorandum of understanding with Chungcheongnam‑do province and Taean‑gun to develop large‑scale green energy projects in South Korea, primarily offshore wind. The agreement commits Vena to invest the full amount by 2030, with...
Grid congestion in the U.S. is becoming a major bottleneck for renewable energy projects, limiting revenue for IPPs and C&I owners even when assets are fully built and financed. The article highlights that while utilities focus on technical solutions, the...
Renewable energy now accounts for roughly 20% of U.S. electricity, with wind as the dominant source followed by hydropower. Intermittent generation can create periods of oversupply, prompting curtailments and even negative market prices. To balance the grid, utility‑scale storage—currently over...
Underground utility crews often encounter inaccurate maps and missing locate information, leading to costly delays. RFID‑enabled buried markers, such as Tempo’s OmniMarker‑ID and Spike Marker‑ID, embed detailed asset data directly at the site, allowing read/write access via locators like the...
Taiwan's Minister of Economic Affairs Kung Ming‑hsin announced that the island's natural gas supply will be sufficient through April, having secured 20 of the 22 LNG shipments needed for March and April. The government reports a diversified import mix, with...
Hanwha Ocean handed over the second of four very large crude carriers (VLCCs) to Bermuda‑based DHT Holdings on March 6, naming the vessel DHT Addax. The first unit, DHT Antelope, arrived in January, with the third expected by month‑end and...
Kharg Island, Iran's primary oil export hub, handles roughly 90% of the country's crude and can load about 7 million barrels per day. As the U.S.-Israel war on Iran intensifies, the island remains untouched, but analysts warn President Trump may contemplate...
Oil prices have surged sharply as the Middle East conflict intensifies, highlighted by Iran’s appointment of a new supreme leader. The spike has prompted an emergency G7 finance ministers meeting to discuss coordinated responses. In the UK, Prime Minister Sir...
Octopus Energy is extending its Plunge Pricing dynamic EV‑charging model to France, offering discounts of up to 50% at roughly 7,000 Powerdot ultra‑rapid stations when renewable generation is abundant. The scheme leverages the Electroverse platform, which already links to 97%...
Valeura Energy Inc. confirmed Thailand's new decrees that immediately ban exports of gasoline, diesel, jet A1 fuel and liquefied petroleum gas, while leaving crude oil shipments untouched. The restrictions aim to bolster Thailand's domestic fuel security amid tightening global supplies....
Origin Energy’s 300 MW/650 MWh Mortlake battery energy storage system has been registered on the Australian Energy Market Operator’s Market Management System, marking its first active integration steps ahead of full commissioning. The BESS sits beside Victoria’s largest gas‑fired plant, the 566 MW...
Oil prices have surged past $100 per barrel, reigniting market volatility amid heightened geopolitical tensions. Julius Baer strategist Mark Matthews says markets are already pricing in the shock, with Asian equities showing mixed reactions and India’s exposure mitigated by improved oil...
The French government announced that releasing its strategic oil reserves will be on the agenda of a virtual G‑7 finance ministers meeting on March 9. France, holding the rotating G‑7 presidency, will lead the discussion on how to mitigate the...
Bapco, Bahrain’s state‑run oil refiner, invoked force majeure after a war‑related attack damaged its 90‑year‑old refinery, which now processes roughly 400,000 barrels per day following recent upgrades. The company assures that domestic fuel needs remain satisfied, but it can suspend...
A recent AFIEGO survey of 246 Ugandans affected by the East African Crude Oil Pipeline (EACOP) found that roughly one‑third are dissatisfied with the livelihood restoration program. Respondents cited delayed agricultural inputs, poor‑quality seeds, and cash compensation that fails to...
European natural‑gas futures jumped roughly 30% on Monday, marking the steepest weekly advance since the 2022 energy crisis. The rally coincided with oil breaching $100 a barrel as major Middle‑East producers curtailed output and the Strait of Hormuz remained effectively...
Munich‑based Telura announced a €4 million pre‑seed round led by Nucleus Capital, Possible Ventures and First Momentum, coupled with a validation pact with Germany’s SPRIND agency. The startup’s electric impulse drilling technology replaces mechanical bits with high‑voltage pulses to fracture rock,...
AI‑driven workloads are reshaping data centre economics, pushing global electricity consumption to more than double by 2030. Power availability and site expandability have become decisive factors as rack densities climb far above historic norms, demanding advanced electrical and cooling systems....
The research presents a surface bromine modification for the covalent organic framework TzPm‑COF, creating TzPm‑COF‑2Br with a tuned donor‑acceptor architecture. This brominated COF delivers a CO evolution rate of 155 µmol g⁻¹ h⁻¹ and 99.4 % selectivity under visible light, a 2.7‑fold increase over...
Tata Power announced a strategic partnership with Salesforce to embed AI‑driven CRM tools across its rooftop solar, electric‑vehicle charging and smart‑home businesses. The collaboration deploys Salesforce’s Agentforce Sales, Service and Marketing suites, creating an integrated, data‑rich platform for partner and...
The POSEIDON project, led by Natural England, is creating the UK’s most comprehensive marine dataset to support offshore wind development while protecting biodiversity. Over two years the team conducted aerial surveys of 54,000 seabirds and 5,000 marine mammals and collected...
Saudi Aramco has launched a rare series of spot tenders offering roughly 4.6 million barrels of crude, covering Arab Extra Light, Arab Heavy and Arab Light grades. The move comes as the effective closure of the Strait of Hormuz forces shipments...
Oil prices surged dramatically on Monday, with Brent crude jumping 27% to $117.58 per barrel and U.S. crude climbing 28% to $116.51, marking the steepest daily gain since at least 1988. The spike follows heightened tensions in the Middle East,...
The article proposes a "Fair eGallon" metric that translates electricity prices into a gasoline‑equivalent cost by accounting for real‑world efficiency differences—20% for internal‑combustion engines and 80% for electric vehicles. Using the EPA’s 33.7 kWh per gallon figure, the Fair eGallon equals...
Vietnam's finance ministry announced a proposal to cut the most‑favoured‑nation (MFN) import tariff on selected petroleum products to 0 % effective until 30 April 2026. The move aims to broaden the supplier base and secure crude volumes as the US‑Iran war has disrupted...
