No Clear Timeline for Brazil Fossil Fuel Phase Out
Brazil’s environment ministry says there is no set timetable for a fossil‑fuel phase‑out roadmap, despite President Lula’s December directive to draft one. The requested resolution was never published and has been handed to the national energy policy council for development. Officials stress the process will be complex, requiring institutional alignment and clear milestones. While Brazil plans to boost crude production to 5.3 million barrels per day by 2030, the roadmap will focus on actionable decarbonisation measures such as biofuels.
Quantum Battery Defies Conventional Physics
Australian researchers from CSIRO, RMIT University and the University of Melbourne have built a proof‑of‑concept quantum battery that can be wirelessly charged with a laser and deliver a full charge‑discharge cycle. The device uses a layered microcavity tuned to copper...
Wright Says Hormuz Can Open Without Clearing All Mines
U.S. Energy Secretary Chris Wright told Bloomberg that ships can resume transiting the Strait of Hormuz without fully clearing the Iranian mines that have blocked the waterway since late February. He said a narrow safe corridor could be established quickly,...
Third Ukrainian Strike Damages Russian Oil Terminal at Tuapse
Ukraine’s Unmanned Systems Forces carried out three long‑range drone strikes on the Russian oil terminal at Tuapse in April, hitting a refinery that processes roughly 12 million tonnes of crude annually—about 4‑5% of Russia’s total capacity. The attacks destroyed multiple storage...
Accelerating the EV Transition on the Path to Net-Zero
A cross‑industry roundtable highlighted that fleet electrification is strategically vital but hampered by grid capacity, slow connection timelines, and fragmented policy. While passenger cars and light commercial vehicles demonstrate clear total‑cost‑of‑ownership benefits, heavy‑duty trucks still struggle with range and payload...
From Pilot to Launch: DOE Names First Four Nuclear Energy Launch Pad Developers
The U.S. Department of Energy announced the first four developers selected for its new Nuclear Energy Launch Pad, a program that expands federal support across the entire nuclear technology stack. Deployable Energy, General Matter, NuCube Energy (with Idaho State University)...
There Is 'Growing Confidence' In Canadian LNG Prospects: Shell CEO
Shell CEO Wael Sawan said growing confidence in Ottawa and British Columbia’s stance on liquefied natural gas has raised the odds of a Phase 2 expansion at LNG Canada, which could double export capacity to 28 million tonnes per annum. The optimism...
The Power Certainty Premium: GPC Infrastructure CEO Jim Summers on Delivering Gas-Powered Compute at AI Scale
GPC Infrastructure CEO Jim Summers says AI data centers now need guaranteed power delivery, not just megawatts. He describes a “power certainty premium” where hyperscalers pay more for on‑site gas generation, battery integration, and mobile PPAs that ensure speed, reliability,...
AI Is Going Nuclear: How Major Tech Companies Are Pursuing Nuclear Energy—And How Energy Startups Can Avoid Common Collaboration Pitfalls
Major technology firms such as Meta and Google are turning to small modular reactors (SMRs) to meet the soaring electricity needs of AI‑driven data centers. The continuous, carbon‑free power from SMRs promises to alleviate grid strain caused by AI workloads....
BP ‘Still Growing’ LNG Portfolio as Hormuz Risks Loom
BP said its first‑quarter natural‑gas marketing and trading performance was "average," reflecting a volatile market still sensitive to Middle‑East geopolitics. The company highlighted that its diversified global LNG portfolio is acting as a buffer against potential supply shocks. BP also...
There Are 25 Days-Worth Of Oil Supply Left In The USA, But Don't Panic
The United States currently holds enough crude to cover roughly 25 days of gasoline consumption as the Strait of Hormuz remains partially blocked. Daily demand of 8‑9 million barrels is balanced by domestic output of about 13.9 million barrels and a strategic...
AI Power-Gear Spending in US Surging Up to $65 Billion
U.S. spending on power‑generation equipment for data centers is projected to hit $65 billion by 2030, up from $2.6 billion in 2025. The surge reflects the rapid expansion of AI‑driven workloads and cloud services, which could push total data‑center capacity to 110 gigawatts....
Asia Leads Global LNG Demand Destruction as Middle East Conflict Knocks Out Supplies
Asian LNG imports have fallen to their lowest level since the 2020 pandemic as the Middle East conflict forced the shutdown of Qatar and United Arab Emirates supply routes. Spot JKM futures hovered around $16.55 per MMBtu on April 27, 2026, reflecting...
Trump Admin Pays Wind Developers to Quit, Back Fossil Fuel Projects
The U.S. Department of the Interior announced two historic agreements that will reimburse offshore wind developers $765 million for Bluepoint Wind and $120 million for Golden State Wind in exchange for terminating their leases. Developers must reinvest an equivalent amount in qualifying...
California Utilities Have a Solution to Soaring Energy Prices: More Data Centers
California’s soaring electricity rates have prompted PG&E to pursue a counterintuitive strategy: attracting large data centers to its grid. The utility claims that each added gigawatt of data‑center load can shave 1‑2% off residential rates by spreading fixed grid costs...
Shell Sees Tight Oil Supplies as Hormuz Remains Blockaded
Shell CEO Wael Sawan warned that the Hormuz blockade has removed roughly 900 million barrels of oil from the market, forcing a drawdown of inventories and prompting demand curtailment and fuel switching. The disruption has pushed Brent crude up 2.8% to...
Fortress Power Launches eSpire Nano ESS for C&I Applications
Fortress Power unveiled the eSpire Nano, a modular energy storage system targeting small‑ to medium‑sized commercial and industrial (C&I) sites. The product ships with 30 kW or 60 kW inverters paired with 40 kWh or 60 kWh battery cabinets, supporting 208‑V to 480‑V configurations...
Industrial Loads Boost Consumers Energy’s Sales as Coal Plant Emergency Order Costs Rise
Consumers Energy’s electric sales rose 5.9% YoY in Q1 2026, driven by strong industrial load growth that lifted total revenue 5.3% to $1.37 billion. The utility expects new data‑center and industrial projects, including a $1.2 billion fertilizer plant, to sustain 2‑3% annual sales...
Third Straight Decline in Benchmark Diesel as Futures Trend Higher
The U.S. Department of Energy’s weekly diesel benchmark slipped 5.2 cents to $5.351 per gallon, marking the third consecutive weekly decline and a total 29.2‑cent drop over three weeks. Despite the pullback, the AAA retail diesel index and CME ULSD...
Tighter Bunker Supplies Raising Costs, but Not Impacting Service: Ocean Carriers
Ocean carriers said global bunker fuel supplies are tightening amid the war‑driven energy shock, creating congestion at key fuel hubs and prompting ships to bunker at alternative ports. Executives emphasized that while fuel costs have risen sharply, they have not...
Global Nuclear Power Market Stagnates in 2025 - Remains at Trough
The global nuclear power market remained stagnant in 2025, with only three new reactors adding 2,956 MW and seven shutdowns removing 2,823 MW, netting a marginal 133 MW increase. New builds were limited to Russia, India, and China, while closures hit Belgium, Taiwan,...
Fusion Energy Company Commonwealth Applies to Join a U.S. Power Grid—A First
Commonwealth Fusion Systems has filed an application to join PJM Interconnection, marking the first time a fusion‑energy developer seeks grid interconnection in the United States. PJM delivers about 182,000 MW to more than 67 million customers across 13 states and Washington, D.C....
Drilling Has Begun at Our Sacred Site Pe' Sla, Setting a Dangerous Precedent for Indigenous Lands Across the Country. It...
Drilling has started in the 2‑mile buffer around Pe' Sla, a federally protected sacred site in South Dakota, after the U.S. Forest Service issued a permit for exploratory graphite mining. The project uses a categorical exclusion, bypassing a full NEPA environmental...
Maine Becomes the 11th State to Allow Community Choice Aggregation
Maine became the 11th state to permit community choice aggregation (CCA) when Governor Janet Mills signed LD 2112 on April 13. The legislation lets municipalities pool electric demand, negotiate bulk‑purchase contracts and automatically enroll residents, pending approval from the Public...
Ann Arbor Utility Deploying Solar + Storage Systems on Local Homes
Ann Arbor’s city‑owned Sustainable Energy Utility is piloting a residential solar‑plus‑storage program, the first of its kind for a U.S. municipality. The initiative will install rooftop solar and FranklinWH battery systems in about 150 homes in the Bryant neighborhood, where...
Oilfield Services Majors Bank on Flood of Oil, Gas Projects Linked to Middle East War
Oilfield‑services giants Baker Hughes, Halliburton and SLB say a wave of new oil and gas projects is likely as the U.S.-Israeli war with Iran tightens global energy demand. Their latest quarterly earnings highlight expectations for a surge in upstream contracts...
Gov’t Handling Crisis Well
The Philippine government swiftly declared a national energy emergency amid the Middle East conflict, unlocking powers to procure fuel and curb hoarding. It released roughly $357 million from the Malampaya gas fund, secured a 400,000‑barrel crude shipment that provides about 50...
Faisal Islam: Why the UAE's Exit From Opec Is a Big Deal
The United Arab Emirates announced an abrupt exit from OPEC, ending its 3‑3.5 million barrel‑per‑day production quota. As the OPEC member with the second‑largest spare capacity, the UAE could boost output to roughly 5 million barrels daily and ship oil through new...
One Year on From Iberian Blackout, What Has the Industry Learned About Resilience? Wireless Logic Comments
One year after the Iberian Peninsula blackout that left nearly 60 million people without power, industry leaders are reassessing grid resilience as IoT integration accelerates. Wireless Logic’s Iain Davidson stresses that proactive monitoring, AI‑driven predictive maintenance, and built‑in redundancy are now...
We're Announcing the First West Memphis Energy Impact Fund Recipients.
The West Memphis Energy Impact Fund has launched a $25 million initiative to improve energy affordability across Greater West Memphis and Crittenden County. By pairing essential structural repairs with weatherization and new HVAC installations, the program aims to cut utility costs...
ERH: Utility Exposure Offers Growth Potential For This Income-Focused CEF
Allspring Utilities and High Income Fund (ERH) delivers an 8.42% yield by blending utility equities with high‑yield bonds. The portfolio is 88% utility stocks, offering inflation protection and dividend growth, while the bond sleeve drags long‑term total returns. Utility holdings...
U.A.E. Quits OPEC: Here’s What It Means for Oil Prices and the Economy
On May 1, 2026 the United Arab Emirates will withdraw from OPEC and its OPEC+ alliance, citing a strategic decision to expand its own energy output. The move follows heightened geopolitical tension from the Iran‑Israel conflict, which has already driven down global...
Report: Commercial Real Estate Companies Have Installed over 1 GW of Solar Across US
The U.S. commercial real‑estate sector has surpassed 1 GW of on‑site solar, reaching 1.086 GW across 2,157 projects from more than 65 owners. Prologis tops the industrial category with roughly 311 MW, while Public Storage leads self‑storage with 111 MW. Community solar accounts for...
Bosnia, Croatia Sign Gas Pipeline Deal Despite Civil Society Backlash
Bosnia and Herzegovina and Croatia signed the Southern Interconnection gas‑pipeline agreement on April 28, linking Bosnia’s network to Croatia’s Krk LNG terminal and aiming to diversify away from Russian supplies. The deal, backed by U.S. officials, will be financed separately by...
Americans Deserve Facts, Not Fearmongering, About Their Electric Bills
President Todd Snitchler of the Electric Power Supply Association warns that recent PJM capacity auction results are being misused to push a return to vertically integrated utility monopolies. He argues that competitive wholesale electricity markets have historically lowered costs, spurred...
Swiss Post Deploys Kempower Charging Stations for Electric Buses and Trucks
Swiss Post has installed a Kempower DC fast‑charging system at its new Villmergen logistics centre, marking a key step in electrifying its fleet of roughly 2,400 buses and trucks. The rollout includes 16 charging points—14 control units with cable arms...
NEXR Expands Into Gulf Energy Security Market — New Authorization Opens High-Stakes Opportunity
Nexera Technologies (NASDAQ:NEXR) announced its KeepZone AI subsidiary received authorization to represent a patented fuel‑tank survivability system in the Gulf region. The approval permits KeepZone to engage Gulf clients, discuss technical and commercial terms, and coordinate deployments for energy infrastructure...
Massachusetts Triggers Vineyard Off-Take Contract
Massachusetts has activated its 20‑year power‑purchase agreements for the 806 MW Vineyard Wind offshore project, developed by Iberdrola and Copenhagen Infrastructure Partners. The contracts are expected to save ratepayers roughly $1.4 billion over their lifetime. The 62‑turbine array has already been selling electricity...
Supply Chain Constraints, Not Demand, Will Define the Solar Decade
Global solar installations are set to near 600 GW by 2025, marking another record year, but the sector’s next hurdle is not demand or technology—it is the ability to scale industrial capacity and secure a resilient supply chain. The International Energy...
Pre-Markets Down on Oil Prices, Q1 Earnings Results
Pre‑market trading on Tuesday shows a mixed picture: the Dow nudges higher while the Nasdaq, S&P 500 and Russell 2000 slip as oil prices climb amid the continued closure of the Strait of Hormuz. The Iran‑related shipping disruption fuels a 36% earnings...
USA Oil, Gas Workforce Shrinks in 7 of Last 10 Years
U.S. oil and gas extraction employment has contracted in seven of the last ten years, falling from a peak of 187,300 workers in January 2016 to 115,500 in January 2026, according to Bureau of Labor Statistics (BLS) Current Employment Statistics data. The...
Envusa Energy Confirms Supply of Renewable Energy to Key Mines
Envusa Energy, a joint venture between Anglo American and EDF Power Solutions, inaugurated its 520 MW Koruson 2 (K2) renewable‑energy cluster in South Africa, connecting 380 MW of solar and wind power to more than ten mining sites. The R15 billion (~$790 million) investment includes the...
Oil as an Asset: Why Lubrication Strategy Matters More than Ever in Wind Energy
Exxon Mobil’s new whitepaper positions turbine lubrication as a strategic asset for wind‑energy operators facing rising O&M costs, aging fleets, and supply‑chain constraints. It highlights how synthetic gear oils, especially Mobil SHC Gear 320 WindPower, can extend gearbox oil life to the turbine’s full design...
France at Risk of Fuel Shortages, Energy Chief Says
France’s energy minister warned that the country faces imminent fuel shortages as refinery outages, maintenance schedules, and dwindling strategic reserves converge. National gasoline inventories have slipped below the 30‑day safety threshold, prompting officials to consider activating emergency stockpiles. The government...
New Episode: Batteries and Beyond, Emerging Energy Storage Solutions
Power Technology’s Energy Technology podcast released Episode 14, “Batteries and Beyond – Emerging Energy Storage Solutions,” highlighting the accelerating global power demand driven by transport, industry electrification, and expanding digital infrastructure. The episode underscores that energy storage has shifted from a...
The United Arab Emirates Is Quitting OPEC Oil Cartel After Nearly 60 Years
The United Arab Emirates announced it will leave OPEC on May 1, ending almost 60 years of membership. The exit is presented as part of a long‑term strategic vision that lets the emirate tap its large spare‑capacity and raise output once export...
Oil and Gas Execs Don’t Expect Hormuz Traffic to Normalize Until August
American oil and gas executives surveyed by the Dallas Fed expect Strait of Hormuz traffic to remain disrupted until at least August, with 79% forecasting no normalization before then. Only 39% anticipate a return to normal by August, while 26%...
Extended Heat Wave Could Cripple New York’s Grid This Summer: NYISO
The New York Independent System Operator (NYISO) warns that summer reliability margins will be the lowest in recent history, with only 417 MW of spare capacity under normal conditions. Forecasts show the margin could plunge to –1,679 MW during a three‑day 95 °F...
Forum Energy Technology Launches New LARS Model
Forum Energy Technologies introduced the Model 6000 (M6000) Launch and Recovery System, a compact, all‑in‑one LARS for inspection‑class ROVs. The skid‑mounted unit combines an A‑frame, winch and hydraulic power unit, eliminating extra cabling and reducing vessel footprint. The first system, paired...
How the Iran War Boosted Profits at BP and Barclays
BP’s first‑quarter underlying replacement‑cost profit more than doubled to $3.2 bn, driven by an oil‑trading boom as Brent crude surged to $120 per barrel amid the Iran war. Production remained steady at about 2.3 million barrels of oil equivalent per day, with...