Energy News and Headlines
Energy News and Headlines
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Every morning
Weekly
Tuesday recap
On March 3, 2026, debris from a drone intercepted by UAE air‑defence systems ignited a fire at the Fujairah Oil Industry Zone. Authorities quickly contained the blaze, reporting no injuries and resuming normal operations within hours. The incident occurred as Iran’s Gulf retaliation campaign continues, highlighting Fujairah’s role as a strategic oil‑storage hub outside the Strait of Hormuz. The zone hosts major mid‑stream players, including ADNOc, Aramco Trading, and BPGIC, which recently expanded its storage capacity to 3.5 million cubic metres.
The war between the United States, Israel and Iran has disrupted oil and LNG flows through the Strait of Hormuz, halting Qatari LNG production and sharply raising global energy prices. About one‑fifth of world oil and LNG passes the strait,...
Intersolar & Energy Storage North America’s flagship event took place Feb 18‑20 in San Diego, drawing 314 exhibiting companies and a cross‑section of installers, EPC firms, manufacturers and consultants. The three‑day program featured hands‑on workshops, a 28‑session conference with keynotes on federal...
The Mara Blue initiative has launched a feasibility study for Ireland’s first full‑scale marine biorefinery on Dinish Island near Castletownbere. Led by Munster Technological University in partnership with Pure Ocean Algae and the Castletownbere Fishermen’s Co‑op, the study is co‑funded...
Rising tensions between Iran and Israel have revived concerns over the security of the Strait of Hormuz, a chokepoint for nearly one‑fifth of global oil shipments. Analysts outline three scenarios: a contained but prolonged missile exchange, a broader regional war...
Italian Environment and Energy Security Minister Gilberto Pichetto Fratin told the KEY Energy Transition Expo that Italy must accelerate renewable deployment, upgrade its grid and shorten permitting to curb reliance on imported fuels after recent Middle‑East shocks. He emphasized expanding solar,...
President Donald Trump announced a U.S.‑backed plan to guarantee free flow of energy shipments through the Persian Gulf by offering insurance backstops and naval escorts for commercial tankers. The proposal comes as recent attacks have choked the Strait of Hormuz,...
North America’s weekly rig count slipped 11 units to 764, with the United States reporting 550 rigs and Canada 214. The U.S. saw a net loss of one rig, driven by a two‑rig decline in oil rigs while gas rigs...
Vattenfall and Terralayr have activated Germany’s first virtual battery portfolio, aggregating eight large‑scale storage units into a 5 MW decentralized network managed through Terralayr’s LAYR platform. Vattenfall will optimize energy trading while Terralayr supplies the digital and physical infrastructure, with plans...
Industrial facilities are re‑evaluating battery energy storage systems (BESS) as installation costs remain largely fixed regardless of capacity, making larger batteries economically attractive. Scott Childers of Stryten Energy notes that a 1 MWh unit spreads upfront expenses over more discharge hours,...
Kongsberg Maritime, Seadrill and Hanwha Drilling have formed a strategic alliance to create next‑generation remote Dynamic Positioning (DP) technology for offshore rigs. The partnership will blend Kongsberg’s automation and communications platforms with Seadrill’s and Hanwha’s operational expertise. It aims to...
TCL Sunpower has launched two new shingled‑module TOPCon series for rooftop solar, expanding its P Class portfolio. The residential RES Black line offers 465‑475 W modules with up to 23.8% efficiency, while the commercial COM series delivers 580‑600 W and up to...
Jupiter Power secured state approval for its 700 MW, 2,800 MWh Trimount battery energy storage system in Everett, Massachusetts. The project repurposes a 100‑acre former ExxonMobil oil depot, turning a heavily contaminated brownfield into a clean‑energy hub. Leveraging Hithium’s lithium‑iron‑phosphate modules, the...
Zacks’ latest industry overview highlights three oil‑and‑gas drilling companies—Noble Corporation, Nabors Industries and Transocean—with projected 2026 EPS growth ranging from 48.6% to 400%. Despite a bearish Zacks Industry Rank and a 74% drop in 2026 earnings estimates, the sector has...
Trina Solar unveiled its third‑generation Vertex S+ G3 dual‑glass TOPCon modules at the Key Energy trade show in Rimini, delivering up to 485 W power and a record 24.3% conversion efficiency. The five variants span 465‑495 W, feature a –0.26% /°C temperature coefficient,...
A study by the Institute of Science and Technology Austria reveals that networks of flexoelectric domain walls generate internal electric fields that separate and transport charge carriers in solution‑processed lead halide perovskites. Using a novel silver‑ion electrochemical staining technique, researchers...
Solar stocks rallied sharply as SolarEdge and Enphase posted strong Q4 2025 results. SolarEdge reported a 70% revenue jump, 23.3% non‑GAAP gross margin and $43.3 million free cash flow, while Enphase delivered EPS of 71 cents and a 46.1% margin. Both...
CHC Helicopter’s Brazil unit has won Equinor’s crew‑change contract for the ultra‑deepwater Bacalhau field, commencing in February 2026. The agreement deploys an S‑92A helicopter from CHC’s Jacarepaguá base to transport personnel 185 km offshore. CHC highlights its local infrastructure, fleet upgrades,...
Dragonfly Energy showcased its lithium‑iron‑phosphate battery‑powered auxiliary power unit (APU) at the Truckload Carriers Association meeting, targeting the 10‑hour mandatory rest period for drivers. The battery, charged by the truck’s alternator, can run the sleeper‑cab’s heating, cooling and electricity without...
GE Vernova has been awarded a contract by Italy’s IVPC Group to supply 17 on‑shore wind turbines, delivering more than 100 MW for the Fortore wind farm in Benevento. The 6.1 MW, 158‑metre machines will be delivered starting in the second quarter...
QatarEnergy announced an immediate halt to LNG output and several downstream products after military attacks damaged its Ras Laffan and Mesaieed facilities. The shutdown triggered a more than 40% surge in natural‑gas prices and a 52% jump in Europe’s TTF...
Enterprise Ireland has launched Propel Ireland, an innovation centre designed to accelerate collaboration, research and supply‑chain development in the country’s offshore wind sector. The hub aligns with the Powering Prosperity strategy and Ireland’s ambition to install up to 37 GW of...
CNOOC International Marine Clean Energy and CLPe completed Hong Kong’s first LNG ship‑to‑ship bunkering for a very large crude carrier. The operation on the 2023‑built VLCC Maran Dione transferred about 4,700 cubic metres of LNG in roughly seven hours at...
Newcastle‑based Kardinia Energy has secured a $2.1 million federal grant to launch a commercial‑scale pilot of its printed solar panels. The technology prints carbon‑based semiconducting polymers onto thin recyclable plastic, creating lightweight, flexible modules that are cheaper and easier to install...
IKM Testing UK has secured a three‑year offshore shutdown contract with Dana Petroleum for the FPSO Triton operating in the UK Central North Sea. The agreement covers shutdown support across eight fields, including vessel entries, valve replacements and engineering modifications,...
Escalating Middle East conflict has spiked LNG prices, prompting Southeast Asian nations to reconsider energy security. A 50% jump in gas costs followed a drone strike on Qatar’s premier LNG hub, exposing the fragility of regional supply chains. Governments risk...
Saudi Aramco’s Ras Tanura oil export terminal was struck by an unidentified projectile, marking a second incident within days. The earlier drone attack forced a temporary shutdown, and the latest strike’s damage details remain unclear. Ras Tanura handles a large share of...
South Western Railway posted a 14.3% rise in gross revenue to ₹8,550 crore in FY 2025‑26, driven by an 18.3% jump in freight earnings. Freight tonnage climbed 17% to 47.5 million tonnes, with coal loading up 16.6% to 9.3 MT. The surge has spotlighted...
Germany’s Texxecure Rating Foundation has launched a standardized quality rating for photovoltaic (PV) systems that grades modules, inverters and whole projects on a AAA‑to‑D scale. The two‑step process combines a document review with an on‑site inspection, producing a single risk...
Haryana will launch a dedicated power utility, Haryana Agri Discom, to serve the state’s 7.12 lakh farm consumers across 5,084 agricultural feeders. Announced in the 2026‑27 budget by Chief Minister Nayab Singh Saini, the new entity aims to deliver uninterrupted electricity,...
EcoFlow unveiled the Ocean 2 all‑in‑one battery inverter at the Key Energy show in Rimini. The system pairs a 5 kWh LiFePO₄ battery with a single‑phase inverter, delivering 3.4 kW continuous discharge and 100 % depth of discharge. Units are compact, IP66‑rated and can...
BlackRock’s 2026 outlook shifts focus from AI chip makers to the energy firms powering AI data centers, citing a projected thirty‑fold rise in U.S. power consumption through 2035. The firm highlights three stocks—Bloom Energy, Constellation Energy, and GE Vernova—as top...
NuScale Power’s small modular reactor (SMR) stock is trading near its 52‑week low, down more than 75% from its October 2025 peak. The company retains a unique first‑mover advantage as the sole NRC‑approved SMR design, bolstered by a partnership with...
VSB Integrated Energy Solutions has begun construction of a 1.3 MWp rooftop photovoltaic system on the newly built METRO Deutschland store in Hamburg‑Rahlstedt, operating under an 18‑year onsite power purchase agreement. Installation starts in spring 2026 with commissioning slated for Q3‑Q4...
Ampere, Renault Group's EV and software arm, has signed a Joint Development Agreement with Basquevolt to fast‑track lithium‑metal battery technology for future electric vehicles. The partnership leverages Basquevolt's polymer‑electrolyte cells, which promise a substantial jump in energy density, lighter packs,...
The Norwegian Offshore Directorate (NOD) reports that roughly 90 tight‑reservoir discoveries on the Norwegian Continental Shelf remain undeveloped. It argues that stronger cooperation among operators, aggressive cost reductions, and the deployment of proven technologies such as hydraulic fracturing, slim‑hole drilling,...
Energiequelle has broken ground on the Lüben wind farm in Lower Saxony, deploying five Enercon E‑138 turbines each rated at 4.26 MW with 160‑metre hub heights. The farm is expected to generate roughly 77 GWh annually, enough electricity for about 22,000 households....
DOF Group has placed an order for four XLX EVO III work‑class remotely operated vehicles from the UK‑based Forum Energy Technologies. Deliveries are slated for April, June, July and August 2026, with the first two units mobilised in Singapore. The ROVs...
The Virtus Reaves Utilities ETF posted a 4.91% decline in Q4 2025, underperforming both the S&P 500 and the S&P Utilities Index. While the broader utility sector modestly lagged the broader market, the fund’s top contributors—DTE Energy, Duke Energy, WEC...
RWE has installed the first turbine at the 1.1 GW Thor offshore wind farm off Denmark’s west coast. The project will host 72 Siemens Gamesa 15 MW turbines, each with a 148‑metre hub height and 115‑metre rotor blades, slated for completion by the...
UK businesses are moving away from the traditional race‑to‑the‑bottom energy procurement model, opting for price stability and transparency instead of the lowest rates. Recent surveys show 23% of firms have reduced operations because of volatile electricity costs, while 40% of...
The Australian Capital Territory has finished its first community‑battery network with the commissioning of a 450 kWh system in Dickson. The new battery joins earlier 225 kWh and 450 kWh installations in Casey and Fadden, bringing the territory’s total storage capacity to 1,125 kWh...
The UK’s AR7 renewable auction delivered a record 14.7 GW of new capacity, with offshore wind alone providing roughly 8.4 GW. The outcome signals that private capital is willing to fund large‑scale clean‑energy projects, restoring confidence after earlier rounds faltered. Industry leaders...
Siemens, together with Mescada, will install an AI‑ready, cloud‑based SCADA platform for Global Power Generation Australia, covering eight renewable sites across four states. The Simatic WinCC Open Architecture system will handle roughly 300,000 data tags, delivering real‑time monitoring from a...
The UK Environmental Audit Committee warns that fairness is a critical missing piece in the upcoming Seventh Carbon Budget (2038‑2042). It argues that uneven cost distribution—such as pay‑per‑mile electric‑vehicle charges—will erode public consent for net‑zero. The committee recommends shifting electricity...
VinEnergo, the Vietnamese renewable energy arm of Vingroup, unveiled a global expansion plan anchored by a secured 10 GW project portfolio across Europe and Asia. The company aims to scale its total capacity to 100 GW within three years, focusing on 50 GW...
The New South Wales government has fast‑tracked 16 projects worth $34.4 billion, with 13 focused on renewable generation and storage. A newly created Investment Delivery Authority (IDA) will override local council decisions to accelerate planning approvals. Projects range from large wind...
The fourth edition of the Lead the Charge Auto Supply Chain Leaderboard shows that major carmakers are accelerating the greening of EV supply chains, with Tesla, Ford, Volvo and Mercedes posting the strongest scores. EU regulations, especially the Batteries Regulation,...
London‑based Zodiac Maritime is expanding its crude carrier renewal by ordering five new tankers in Asia. The deal includes four 319,000‑dwt VLCCs from Jiangsu New Hantong Ship Heavy Industry at roughly $120 million each, slated for 2029 delivery, and a 157,000‑dwt...
Gujarat Gas announced a 50% cut in gas supplies to industrial customers after the US‑Iran conflict disrupted regasified LNG imports, sending its shares down 4% to Rs 382 on the BSE. The company, which sources roughly 70% of its gas from...
