Energy News and Headlines

POSCO, Alaska Forge Development Partnership
NewsMay 19, 2026

POSCO, Alaska Forge Development Partnership

South Korea’s POSCO International signed a two‑year MOU with Alaska to explore six projects spanning geothermal power, green methanol, sustainable aviation fuel, rare‑earth mining, port expansion and a Knik Arm crossing. The agreement builds on a prior 20‑year LNG partnership...

By North of 60 Mining News (Mining News North)
Oil Prices Fall 2% as Trump Delays Planned Strike on Iran
NewsMay 19, 2026

Oil Prices Fall 2% as Trump Delays Planned Strike on Iran

Global crude prices slipped over 2% on Tuesday after President Donald Trump postponed a planned strike on Iran, easing immediate supply‑risk concerns. Brent futures fell to $109.68 a barrel and NYMEX June crude to $102.70, while the U.S. extended a...

By Mint (India) – Economy
Reliance in Talks with Chinese Battery Behemoth CATL & Others for Big Battery System Parts
NewsMay 19, 2026

Reliance in Talks with Chinese Battery Behemoth CATL & Others for Big Battery System Parts

Reliance Industries is in confidential talks with Chinese battery giant CATL and other suppliers to source components for its upcoming Jamnagar battery energy storage system (BESS) complex. The move follows setbacks in a prior technology‑transfer deal with CATL and recent...

By ET EnergyWorld (The Economic Times)
Singapore and Japan Launch Floating Wind Pact as Recharge Summit Kicks Off
NewsMay 19, 2026

Singapore and Japan Launch Floating Wind Pact as Recharge Summit Kicks Off

Singapore and Japan unveiled a bilateral pact to develop floating offshore wind projects at the inaugural Recharge Wind Power Summit. The agreement aims to combine Japan's advanced turbine technology with Singapore’s strategic location and financing expertise. Both governments highlighted the...

By Recharge
Coal Gasification Can Raise India's Resource Security Amid Decarbonisation Uncertainties: Report
NewsMay 19, 2026

Coal Gasification Can Raise India's Resource Security Amid Decarbonisation Uncertainties: Report

India’s steel industry, the world’s fastest‑growing market, is grappling with heavy reliance on imported coking coal and LNG, which drives price volatility and supply risk. A new Observer Research Foundation report argues that coal‑gasification could convert abundant domestic coal into...

By ET EnergyWorld (The Economic Times)
Yarra Energy Foundation Brings Community Battery Paired with EV Chargers Online in Australia
NewsMay 19, 2026

Yarra Energy Foundation Brings Community Battery Paired with EV Chargers Online in Australia

Yarra Energy Foundation (YEF) has launched a front‑of‑meter community battery paired with two wheelchair‑accessible EV charging bays at Collingwood Leisure Centre in Melbourne, funded by a AU $750,000 (≈US $536,000) state grant. The 60 kW dual charger can deliver roughly 150 km of range...

By Energy Storage News
Bangchak Launches Thailand’s First Commercial SAF Production
NewsMay 19, 2026

Bangchak Launches Thailand’s First Commercial SAF Production

Bangchak Group has launched Thailand’s first commercial Sustainable Aviation Fuel (SAF) production line, a 100% HEFA‑SPK stand‑alone unit at its Phra Khanong refinery. The plant converts used cooking oil into SAF and renewable diesel, completing a full feedstock‑to‑fuel ecosystem. The...

By Bangkok Post – Investment (subset within Business)
ADB, Singapore Renew Partnership to Accelerate Cross-Border Clean Energy in Southeast Asia
NewsMay 19, 2026

ADB, Singapore Renew Partnership to Accelerate Cross-Border Clean Energy in Southeast Asia

The Asian Development Bank (ADB) and Singapore’s Energy Market Authority (EMA) have renewed a three‑year memorandum of understanding to accelerate cross‑border renewable energy and grid‑interconnector projects across ASEAN. The partnership will focus on overcoming barriers such as project bankability, risk...

By Asian Development Bank – News
State Leaders Can Avert Coming Blackouts
NewsMay 19, 2026

State Leaders Can Avert Coming Blackouts

U.S. states face looming blackouts as aging baseload plants are retired for intermittent renewables while data centers consume ever‑greater power. The article outlines two concrete actions: incentivizing grid‑scale storage and modernizing transmission, and regulating data‑center energy use through demand‑response and...

By RealClearEnergy
DOE Issues Revised Title 17 Loan Program Guidance
NewsMay 19, 2026

DOE Issues Revised Title 17 Loan Program Guidance

On May 13 2026 the DOE Office of Energy Dominance Financing issued revised guidance for the Title 17 loan‑guarantee program. The update, driven by the One Big Beautiful Bill Act and the Trump administration’s priorities, pivots the program toward high‑impact energy and manufacturing projects, especially Energy...

By National Law Review – Employment Law
Norway’s Sovereign Wealth Fund — Built Entirely From Oil Revenue — Is Now the Single Largest Investor in the Global...
NewsMay 19, 2026

Norway’s Sovereign Wealth Fund — Built Entirely From Oil Revenue — Is Now the Single Largest Investor in the Global...

Norway’s Government Pension Fund Global, built from oil and gas revenues since 1996, now owns roughly 1.5 % of every publicly traded company, covering about 9,000 firms worldwide. The fund’s principal is untouchable, with only projected returns used for the national...

By SpaceDaily
Texans Accuse Japan of Doing ‘Deal with the Devil’ by Funding US Fossil Fuel Projects
NewsMay 19, 2026

Texans Accuse Japan of Doing ‘Deal with the Devil’ by Funding US Fossil Fuel Projects

Texas community groups traveled to Tokyo to confront Japan Bank for International Cooperation (JBIC) and Nippon Export and Investment Insurance (Nexi) over their role in financing a new crude‑oil export terminal and an LNG expansion in Freeport, Texas. The Japanese...

By South China Morning Post – Asia
Cuba Begins Installing Turbines at Herradura 1, Its Largest Wind Farm
NewsMay 18, 2026

Cuba Begins Installing Turbines at Herradura 1, Its Largest Wind Farm

Cuba has begun erecting turbines at Herradura 1, the island’s largest wind farm, marking the first physical step after a decade of delays. The project will initially install 22 Goldwind GW77/1500 turbines, delivering roughly 34 MW of capacity, with a full 34‑turbine,...

By POWER Magazine
Sydney Ferries to Go Electric Amid Jostle for Power Points
NewsMay 18, 2026

Sydney Ferries to Go Electric Amid Jostle for Power Points

The New South Wales government announced a trial electric ferry to serve the short‑hop route between Sydney Fish Market and Barangaroo. Contracts have been signed with shipyard Richardson Devine Marine to begin construction this year. The move complements NSW’s broader push to...

By The Mandarin (Australia)
Power Giants NextEra Energy and Dominion Energy Eye $67B Link
NewsMay 18, 2026

Power Giants NextEra Energy and Dominion Energy Eye $67B Link

NextEra Energy announced a stock‑heavy acquisition of Dominion Energy valued at roughly $67 billion, forming the largest U.S. electricity producer. The combined company will serve about 10 million customers and own a portfolio of megaprojects across the East Coast. Post‑deal market capitalization...

By Engineering News-Record (ENR)
The Strait of Hormuz Crisis Is Cracking the Petrodollar System
NewsMay 18, 2026

The Strait of Hormuz Crisis Is Cracking the Petrodollar System

The 13‑week closure of the Strait of Hormuz has cut roughly one‑fifth of Gulf oil exports, forcing Asian importers to seek direct, often opaque, agreements with Gulf producers and Iran. Tankers are slipping through the waterway with AIS off, while...

By gCaptain
EnerSys Launches AlphaCell™ 4.0HP+ Battery to Improve Replacement Interval Stability in Outdoor Communications Networks
NewsMay 18, 2026

EnerSys Launches AlphaCell™ 4.0HP+ Battery to Improve Replacement Interval Stability in Outdoor Communications Networks

EnerSys announced the launch of its AlphaCell™ 4.0HP+ battery, a Thin Plate Pure Lead (TPPL) solution built for outdoor and edge communications networks. The battery is engineered to boost electrochemical stability and extend replacement intervals, addressing the growing demand for...

By Business Wire — Executive Appointments
BATTERIES: FleetZero Aims to Help Rewrite the Rules of Marine Power
NewsMay 18, 2026

BATTERIES: FleetZero Aims to Help Rewrite the Rules of Marine Power

FleetZero, founded by USMMA alumni Mike Carter and Steven Henderson, has moved from concept to commercial production of modular, containerized marine batteries. The Houston‑based startup has raised roughly $60 million, employs about 40 staff, and aims to manufacture 300 MWh of batteries...

By MarineLink
NextEra’s Dominion Megamerger: How It Affects Your Portfolio
NewsMay 18, 2026

NextEra’s Dominion Megamerger: How It Affects Your Portfolio

NextEra Energy announced an all‑stock acquisition of Dominion Energy valued at roughly $67 billion, creating a combined utility with an estimated market value of $249 billion. The merger will make the new entity the third‑largest energy company in the United States, behind...

By ETF Trends (VettaFi)
Who Pays When Utility Managements Screw Up?
NewsMay 18, 2026

Who Pays When Utility Managements Screw Up?

U.S. utility regulators tightly link rates to risk, forcing shareholders and customers to share costly overruns, while Britain’s lighter‑handed approach left water giant Thames Water vulnerable to aggressive debt‑financing. Successive owners stripped cash, swapped equity for debt, and missed service...

By Yahoo Finance — Markets (site feed)
Blykalla Norrsundet SMR Park Plans Set in Motion After Developer Submits Plans for Sweden Build
NewsMay 18, 2026

Blykalla Norrsundet SMR Park Plans Set in Motion After Developer Submits Plans for Sweden Build

Swedish startup Blykalla has submitted a formal application to build a six‑reactor SMR park in Norrsundet, near Gavle. The project would deliver about 330 MW of baseload power—enough for roughly 150,000 homes—using the company’s lead‑cooled SEALER technology. It is the first...

By Construction Review Online
Delta Electronics’ On-Site Microgrid to Provide Valuable Solar + Storage Insights
NewsMay 18, 2026

Delta Electronics’ On-Site Microgrid to Provide Valuable Solar + Storage Insights

Delta Electronics has completed a 425 kW solar‑plus‑storage microgrid at its Detroit plant, connecting to DTE Energy via a 13.2‑kV medium‑voltage link. The system combines solar panels, a 2.8 MWh battery, EV chargers and a 3‑MW power‑conditioning unit, all managed by Delta’s...

By Solar Power World
IEA: Global LPG Markets Struggle to Replace Disrupted Supply
NewsMay 18, 2026

IEA: Global LPG Markets Struggle to Replace Disrupted Supply

The International Energy Agency reports that the disruption of Gulf LPG shipments through the Strait of Hormuz has slashed exports from roughly 1.5 million barrels per day in 2025 to just 270,000 barrels per day in April 2026. The United States...

By Oil & Gas Journal – General Interest
A Connected Threat Needs a Connected Framework
NewsMay 18, 2026

A Connected Threat Needs a Connected Framework

The April‑8 cease‑fire in the US‑Iran conflict left the Strait of Hormuz partially closed and damaged Qatar's Ras Laffan LNG complex, with repairs expected to take three to five years. The disruption rippled through maritime insurance, sanctions, fertilizer feedstocks, helium for...

By Atlantic Council – All Content
Southern Africa: Russia's Controversial Uranium Mining Plan Threatens Southern Africa's Vital Aquifer
NewsMay 18, 2026

Southern Africa: Russia's Controversial Uranium Mining Plan Threatens Southern Africa's Vital Aquifer

Rosatom subsidiary Headspring Investments/Uranium One is advancing Project Wings, an in‑situ leaching uranium venture in the Kalahari’s Stampriet Artesian Basin. The plan calls for pumping large volumes of sulphuric acid into the trans‑boundary aquifer that supplies drinking water and irrigation for Namibia,...

By AllAfrica – Mining
US Extends Russian Oil Sanctions Waiver as Iran War Squeezes Supply
NewsMay 18, 2026

US Extends Russian Oil Sanctions Waiver as Iran War Squeezes Supply

The U.S. Treasury has renewed a 30‑day general license that temporarily lifts sanctions on Russian crude stranded at sea, citing supply disruptions caused by Iran’s closure of the Strait of Hormuz. Treasury Secretary Scott Bessent said the waiver will help...

By Al-Monitor
China Added a Germany-Sized Electricity Grid Last Year - OWID
NewsMay 18, 2026

China Added a Germany-Sized Electricity Grid Last Year - OWID

In 2025 China’s electricity generation jumped by almost 500 terawatt‑hours, roughly the amount Germany produces in a year, effectively adding a Germany‑sized grid in a single year. The surge came almost entirely from solar and wind, with solar alone contributing an...

By bne IntelliNews
Ukraine Escalates Drone Strikes Against Russian Oil Infrastructure, Exports Down 10%
NewsMay 18, 2026

Ukraine Escalates Drone Strikes Against Russian Oil Infrastructure, Exports Down 10%

Ukraine intensified its drone campaign against Russian energy assets over a weekend, striking refineries, pipelines and storage sites. The attacks have knocked out roughly 700,000 barrels per day of refining capacity across 16 facilities, driving a near‑10% drop in oil...

By bne IntelliNews
Reality Check Needed for Philippine Energy Policy
NewsMay 18, 2026

Reality Check Needed for Philippine Energy Policy

The 2026 Middle East conflict has exposed the Philippines’ heavy dependence on imported fossil fuels, triggering the world’s first declared national energy emergency. Imported natural gas now accounts for roughly 55% of primary energy, while power‑generation self‑sufficiency has slipped to...

By Manila Bulletin – Business
U.S. LNG Is Becoming the Backbone of Global Gas Supply
NewsMay 18, 2026

U.S. LNG Is Becoming the Backbone of Global Gas Supply

The United States has overtaken Qatar as the world’s largest LNG producer, with roughly 120 million metric tons per annum (MTPA) of export capacity versus Qatar’s 77 MTPA. Ongoing projects could lift U.S. capacity to about 220 MTPA within five years, giving it...

By OilPrice.com – Main
Now It’s Vladimir Putin’s Turn to Visit Beijing
NewsMay 18, 2026

Now It’s Vladimir Putin’s Turn to Visit Beijing

Russian President Vladimir Putin announced a two‑day visit to Beijing on May 19‑20, following a brief encounter between President Donald Trump and Xi Jinping. The trip is expected to focus on finalising a long‑planned natural‑gas pipeline linking Siberia to China, a...

By The Economist – China
Ruto Convenes Crisis Meeting over High Fuel Prices
NewsMay 18, 2026

Ruto Convenes Crisis Meeting over High Fuel Prices

President William Ruto convened an emergency meeting with energy, treasury, transport and interior ministers alongside oil marketers and transport leaders to address Kenya's soaring fuel prices. The government has already deployed a roughly $80 million stabilization fund and cut fuel VAT...

By Daily Nation (Kenya) – Business
Tankers Entering Hormuz During War Are Making Their Way Out
NewsMay 18, 2026

Tankers Entering Hormuz During War Are Making Their Way Out

Since the February U.S.-Israeli strikes, most non‑Iranian tankers that entered the Persian Gulf have now left with cargo, but roughly 100 remain anchored out of fear of Iranian attacks. Bloomberg vessel‑tracking shows 19 oil and LPG carriers crossed Hormuz between...

By Transport Topics – Technology
Iran’s Pezeshkian Admits Oil Exports Hit by US Naval Blockade
NewsMay 18, 2026

Iran’s Pezeshkian Admits Oil Exports Hit by US Naval Blockade

President Masoud Pezeshkian publicly confirmed that a U.S. naval blockade has disrupted Iran’s oil exports, marking the first senior admission since the blockade began in mid‑April. The U.S. Navy has been intercepting Iran‑linked vessels in the Sea of Oman and...

By bne IntelliNews
Gas Reservation Push Raises Stakes for Australia LNG
NewsMay 18, 2026

Gas Reservation Push Raises Stakes for Australia LNG

Australia has rolled out a new gas reservation framework that could reshape LNG investment dynamics. While existing contracts remain protected, the policy’s unresolved mechanisms create uncertainty for upstream developers, exporters, and Asian buyers. Projects such as the Browse field, Beetaloo‑linked...

By Energy Intelligence
Brazil’s Record Oil Production Comes at a Crucial Moment for Global Markets
NewsMay 18, 2026

Brazil’s Record Oil Production Comes at a Crucial Moment for Global Markets

Brazil’s oil output hit a record 4.24 million barrels per day in March 2026, driven by ultra‑deepwater pre‑salt projects in the Santos Basin. Petrobras, Shell and Equinor are committing billions to offshore development, with Petrobras planning $109 billion of capital spending through 2030,...

By OilPrice.com – Main
Oman Signs 2.7GW Hybrid Renewables PPA with Naqaa Sustainable Energy
NewsMay 18, 2026

Oman Signs 2.7GW Hybrid Renewables PPA with Naqaa Sustainable Energy

Naqaa Sustainable Energy has signed a 2.7 GW hybrid renewable power purchase agreement with Oman’s state‑run Nama Power and Water Procurement for projects in Mahout and Duqm. The hybrid scheme will combine solar PV, wind turbines and battery storage to deliver...

By PV-Tech
Terrestrial Energy: Projects Progress & DOE Programs Strengthen Commercialization – Quarterly Update Report
NewsMay 18, 2026

Terrestrial Energy: Projects Progress & DOE Programs Strengthen Commercialization – Quarterly Update Report

Terrestrial Energy’s Integrated Molten Salt Reactor (IMSR) made notable strides in Q1 2026, securing NRC approval of its Postulated Initiating Events (PIE) safety framework and advancing DOE‑backed TETRA and TEFLA pilot programs. A strategic partnership with Riot Platforms opened a data‑center...

By Yahoo Finance – News Index
$30bn North Field Offshore Expansion Project Spurs Fierce Bids at World’s Largest Gas Field in Qatar
NewsMay 18, 2026

$30bn North Field Offshore Expansion Project Spurs Fierce Bids at World’s Largest Gas Field in Qatar

QatarEnergy’s North Field offshore expansion, valued at over $30 billion, is entering an aggressive EPC tender phase as contractors vie for packages covering platforms, subsea pipelines and processing facilities. The multi‑package strategy spreads risk and accelerates delivery, while bidders are required...

By Construction Review Online
Commercial Oil Inventories Falling ‘Rapidly’ and only Have Weeks Left: IEA Chief
NewsMay 18, 2026

Commercial Oil Inventories Falling ‘Rapidly’ and only Have Weeks Left: IEA Chief

International Energy Agency chief Fatih Birol warned that commercial oil inventories are depleting at a record pace, leaving enough supply for only a few weeks of global demand. Since the February US‑Israeli war with Iran, the IEA has coordinated the release...

By Upstream Online
Singapore’s Vena Energy Starts P24-Billion Philippine Solar Projects
NewsMay 18, 2026

Singapore’s Vena Energy Starts P24-Billion Philippine Solar Projects

Singapore‑based Vena Group has broken ground on two utility‑scale solar projects in Ilocos Norte, Philippines, with a combined investment of about ₱24.3 billion (≈$440 million). The Astra Solar Power Project will cost ₱3.76 billion (≈$68 million) and generate roughly 142 GWh annually, enough for 120,000...

By Manila Bulletin – Business
The Philippines Positions Energy Sector for Large-Scale Investment Amid Global Uncertainty
NewsMay 18, 2026

The Philippines Positions Energy Sector for Large-Scale Investment Amid Global Uncertainty

At the PCCI Energy & Power Summit 2026, the Philippine Finance Department unveiled a suite of reforms aimed at attracting large‑scale investment in energy infrastructure and renewables. The CREATE MORE Act and revised PPP, lease and right‑of‑way laws provide tax holidays,...

By OpenGov Asia
TotalEnergies' Critical New FSO Vessel Arrives in Chinese Yard
NewsMay 18, 2026

TotalEnergies' Critical New FSO Vessel Arrives in Chinese Yard

TotalEnergies' new floating storage and offloading (FSO) vessel, named Adiana, has arrived at Cosco Shipping Heavy Industry's yard in Weihai, China, for conversion. The vessel will replace the aging Unity FSO operating in Nigeria’s offshore oil fields. The move is...

By Upstream Online
The Oil and Gas Supply Chain Control Tower Vendor Landscape
NewsMay 18, 2026

The Oil and Gas Supply Chain Control Tower Vendor Landscape

The global supply chain control tower (SCCT) market is rapidly expanding, delivering real‑time visibility to oil and gas firms facing geopolitical volatility and complex operations. Vendor strength varies sharply across upstream, midstream and downstream segments, with industrial‑tech platforms and specialized...

By Logistics Viewpoints
Taiwan Shifting to Regionalized Approach for Solar Permitting
NewsMay 18, 2026

Taiwan Shifting to Regionalized Approach for Solar Permitting

Taiwan's city of Taoyuan introduced new solar permitting guidelines that require operators to conduct self‑inspections on environmentally‑sensitive sites, engage local residents, and establish disaster‑panel storage plans. The rules also mandate third‑party health checks once plants are online and enforce stricter...

By pv magazine
Oil Shock Stokes Inflation Fears and Dims Hopes for Fed Rate Relief
NewsMay 18, 2026

Oil Shock Stokes Inflation Fears and Dims Hopes for Fed Rate Relief

Oil prices surged past $110 per barrel for Brent and $100 for WTI as Middle East tensions, including drone strikes and a closed Strait of Hormuz, intensified. The spike pushed 10‑year U.S. Treasury yields to a 15‑month high of 4.63%...

By InvestmentNews – ETFs
Constellation Advances $800M in Power Uprates at Braidwood and Byron Generation Stations in Illinois
NewsMay 18, 2026

Constellation Advances $800M in Power Uprates at Braidwood and Byron Generation Stations in Illinois

Constellation Energy is investing $800 million to uprate its Braidwood and Byron nuclear stations in Illinois, adding a combined 158 MW of capacity. The Byron upgrade began in March and targets completion in 2028, while Braidwood will start next spring and finish...

By Construction Review Online
Pennsylvania Releases ‘First-of-Its-Kind’ Large-Load Model Tariff
NewsMay 18, 2026

Pennsylvania Releases ‘First-of-Its-Kind’ Large-Load Model Tariff

The Pennsylvania Public Utility Commission issued a final order creating a pioneering model tariff for large‑load customers such as data centers, applying to loads over 50 MW individually or 100 MW in aggregate. The non‑binding framework requires utilities to charge “but‑for” upgrade...

By Utility Dive (Industry Dive)
Greek Owner Agrees Deal with US to Get Blocked VLCC Out of Hormuz
NewsMay 18, 2026

Greek Owner Agrees Deal with US to Get Blocked VLCC Out of Hormuz

Greek owner of the 300,000‑dwt VLCC Agios Fanourios I announced that U.S. authorities have cleared the vessel to exit the Strait of Hormuz after a five‑day blockade. The ship, which was previously denied passage to Vietnam, resumed its eastward course in the...

By TradeWinds