House Bill Pushes SAF Into Federal Biofuels Policy
The U.S. House approved H.R. 7567, part of the 2026 Farm, Food, and National Security Act, to expand federal biofuel policy to include sustainable aviation fuel (SAF) produced from renewable agricultural feedstocks. Sponsored by Agriculture Committee Chairman Glenn Thompson, the measure tasks the USDA with developing SAF through feedstock research and public‑private partnerships. It cleared the House 224‑200 and now moves to the Senate, where a companion version has yet to be released. Industry groups such as NBAA praised the step, while NATSO urged a technology‑neutral approach.
Trump’s Economic Fury Strikes Again as US Sanctions Chinese Oil Terminal over Iran Imports
The U.S. State Department has imposed sanctions on a Chinese oil terminal and two Chinese ship‑management firms to tighten pressure on Iran’s oil exports. The action coincides with President Donald Trump’s public disappointment in Iran’s latest peace proposal and follows...
Wyoming’s Largest Utility Joins a New Western Day Ahead Market for Electricity
Wyoming’s largest utility, Rocky Mountain Power— a PacifiCorp subsidiary—began trading in the new Extended Day Ahead Market on the Western grid, which runs on CAISO’s platform. The market expands access to a broader pool of buyers and sellers, allowing the...
Oil Falls on Hopes for US-Iran Negotiations, Hormuz Progress
Oil prices slipped as West Texas Intermediate dropped up to 5.5% before stabilizing near $102 per barrel, reflecting thin trading ahead of Labor Day holidays. Ongoing US‑Iran negotiations remain deadlocked, with both sides maintaining a de‑facto blockade of the Strait...
It’s Sinking In That Fossil Fuel Demand Won’t Grow Forever
The United Arab Emirates announced its departure from OPEC, underscoring a strategic pivot as global fossil‑fuel demand is expected to plateau. A climate‑focused summit in Santa Marta, Colombia, convened nearly 60 nations to launch work streams that integrate climate considerations...
US LNG Player Backed by Oil Heavyweights Offers Timeline for First Gas Into Export Terminal
NextDecade, a U.S. LNG developer backed by major oil firms, announced that it expects to introduce feedgas into its Rio Grande LNG export terminal in the second half of 2026. The first commercial LNG production is slated for 2027, positioning the...
Shift in the Middle East Has Implications for Countries Like Australia
The United Arab Emirates announced it will leave OPEC, marking a dramatic break with its Gulf neighbours and underscoring a new strategic direction. UAE diplomatic adviser Anwar Gargash warned that Gulf policies toward Iran have failed and called for a...
Shipping’s Decarbonisation Drive Back on Track, Says IMO
The International Maritime Organization (IMO) says its Net Zero Framework for shipping remains on schedule despite vocal opposition from the United States and major oil‑producing nations. After two weeks of intensive negotiations, senior officials confirmed the decarbonisation plan is still...
Non-Compliance with a Looming NERC Deadline Could Cost Clean Energy Owners and Operators, Big Time
The North American Electric Reliability Corporation (NERC) has extended its reliability standards to small inverter‑based resources (IBRs) such as solar farms and wind turbines. Effective May 15 2026, any IBR with an aggregate capacity of 20 MVA (roughly 16‑20 MW) connected at 60 kV or...
Chouest Group Acquires Alliance Business From Helix Energy Solutions Group
Chouest Group completed the acquisition of the Alliance business from Helix Energy Solutions Group, folding it into its newly created Champagne Energy Solutions (CES). The deal expands Chouest’s offshore decommissioning and plug‑and‑abandonment platform, adding subsea intervention, marine logistics and infrastructure...
$1.4B Saved: Massachusetts Locks in Cheaper Offshore Wind Power
Massachusetts has formalized long‑term power purchase agreements for Vineyard Wind, the state’s first utility‑scale offshore wind farm. The contracts lock in an average saving of about 1.4 cents per kilowatt‑hour, translating to roughly $1.4 billion in reduced electricity bills over the next 20...
U.S. Oil Prices Will Exceed Iran Wartime High to Above $125 as Conflict Drags on, Kalshi Traders Say
Traders on the Kalshi prediction‑market platform see a better‑than‑50% chance that U.S. West Texas Intermediate (WTI) crude will climb to around $127 per barrel in 2026, well above the current $113 level. A 63% probability now exists for WTI to...
Trump Official Signals Turnaround on Blocked Wind and Solar Projects
U.S. Interior Secretary Doug Burgum told the Senate Energy Committee he will resume processing permits for solar and wind projects that have been held up by his office, complying with a recent federal court order. The court on April 21...
LNG Vessel Finally Transits Strait of Hormuz, Others Moving Toward Waterway
The first fully loaded LNG tanker has successfully transited the Strait of Hormuz since the Iran‑UAE conflict began on Feb. 28. The vessel, named Mubaraz, is chartered by ADNOC and was loaded at the UAE’s 6 million‑ton‑per‑year Das Island export terminal on...
ExxonMobil CEO: ‘Market Hasn't Seen the Full Impact’ of Middle East War
ExxonMobil CEO Darren Woods told investors on May 1 that the market has not yet absorbed the full impact of the ongoing Middle East conflict. He said existing global oil stockpiles are currently cushioning supply disruptions, keeping prices from spiking...
Unlocking Smart Meter Insights with Smart Datastream
Smart Datastream is a cloud‑native platform that turns the UK’s flood of half‑hourly smart‑meter readings into ready‑to‑use energy data via secure APIs. It delivers up to 13 months of historical consumption, near‑real‑time streams, and portfolio‑level insights, allowing enterprises to bypass...
Hydropower Is in Hot Water. Will Trump’s DOE Release Funding to Help?
U.S. hydropower, which supplied nearly 6% of electricity in 2025, faces a licensing crunch as hundreds of aging dams—averaging 65 years old—require costly upgrades or risk shutdown. The Biden administration earmarked $430 million from the 2021 infrastructure law for safety, grid‑resilience,...
Exxon Mobil CEO Expects Higher Oil Prices Due to Iran War: ‘The Market Hasn’t Seen the Full Impact’
Exxon Mobil CEO Darren Woods warned that current oil prices do not reflect the full impact of the Iran‑triggered supply shock, noting that strategic reserves and in‑transit tankers have temporarily cushioned the market. He said oil flows from the Persian...
The IEA’s Fatih Birol on ‘the Greatest Energy Security Threat in History’
International Energy Agency Executive Director Fatih Birol told an Atlantic Council event that the ongoing war in Iran represents the greatest energy security threat in history. He warned that disruptions in the Strait of Hormuz could force oil prices to...
Venezuela Signs Agreements with International Operators Under New Hydrocarbon Law
Venezuela has signed agreements with major oil majors—BP, Eni, Repsol, Chevron and Shell—under its reformed hydrocarbon law to boost exploration and production. The law permits minority partners to directly operate fields and sell output, a shift from PDVSA‑only control. BP’s...
Batteries: The Game Has Changed – and It’s Not What You Think
The battery industry is moving from a single performance benchmark to multiple, application‑specific trajectories such as ultra‑fast charging, energy density, cost and scalability. Companies like CATL and BYD are shifting from selling cells to delivering integrated battery‑as‑a‑system solutions, while newcomers...
Nuclear AI Startup Fermi Promised Land and Ample Power. But It Couldn't Sign a Single Client
Fermi Inc., a nuclear‑AI startup co‑founded by former Texas governor Greg Abbott’s ally and a tech entrepreneur, announced plans to build atomic‑powered data centers on vast Texas panhandle tracts. The company touted virtually unlimited power and cheap land as a...
NeMo.bil Project Integrates Type 4 Tanks Into Mobility System Storage Rack
The NeMo.bil consortium, funded by Germany’s Federal Ministry for Economic Affairs and Energy, has integrated five Type 4 thermoplastic‑composite hydrogen tanks from Avanco Composites into a dedicated storage rack co‑designed with Poppe + Potthoff. The rack also houses the electronic high‑pressure regulation unit,...
OCP Members Tout DC Power in the Data Center to Meet Growing AI Power Demands
Open Compute Project members are rallying the data‑center ecosystem around low‑voltage direct current (LVDC) to power next‑generation AI racks. A joint working group of Google, ABB, Siemens and others released a 170‑page white paper outlining efficiency gains and standard‑setting pathways....
NextDecade Will Be Chartering More Ships, Company CEO Says
NextDecade announced it will increase its LNG carrier fleet to handle early output from its Rio Grande project. The company already secured three long‑term charters with Dynagas, with the first vessel delivered from HD Hyundai’s yard in May 2026. Train 1...
Caterpillar to Triple Power Generation Capacity, Raises 2030 Targets
Caterpillar announced it will triple its large reciprocating‑engine capacity by 2029 to meet surging demand from data‑center, oil‑and‑gas, and mining customers. The expansion, slated for 2027‑2029, is expected to deliver a positive cash payback by 2030 and has prompted the...
Venezuela Oil Exports Hit 7-Year High as U.S., India, Europe Ramp Up Buying
Venezuela’s oil exports jumped 14% in April to 1.23 million barrels per day, the strongest monthly level since late 2018. The surge was driven by higher shipments to the United States, India and Europe after U.S. sanctions were eased and a...
Oil Rally Stalls as Iran Proposal Triggers Profit-Taking
Oil prices stalled below $110 per barrel after a week of extreme swings, with Brent’s June contract briefly touching $126. The slowdown was driven by Iran’s latest negotiation proposal, which sparked profit‑taking amid uncertainty over President Trump’s 60‑day war‑powers deadline....
Global Briefing: White House to Pay $900m to Stop Two More US Offshore Wind Projects
The White House has agreed to pay roughly $900 million to energy developers to abandon two pending U.S. offshore wind projects. The payouts cover sunk costs, lease obligations and contractual penalties, effectively terminating the projects before construction begins. The move is...
Hunt, Crossover Sign Orinoco Exploration Deals
Two U.S. independent producers, Hunt Oil and Crossover Energy Holdings, signed memorandums of understanding with Venezuela’s state‑owned PDVSA to explore oil and gas in the Orinoco heavy‑oil belt. The projects, located in Monagas state, are expected to attract up to...
Gas Prices in Great Lakes Region Jump by 84 Cents Per Gallon in One Day
Gasoline prices in Indiana jumped 84 cents per gallon on May 1, marking the steepest one‑day increase in the United States. Analysts attribute the surge to heightened geopolitical risk from the Iran conflict, a blockage in the Strait of Hormuz, and an...
TC Energy Plans Major Appalachian Pipeline Expansion to Meet Surging Power Demand
TC Energy announced a $1.5 billion expansion of its Columbia Gas system to link Appalachian Basin gas supplies with the rising demand for natural‑gas‑fired power in the PJM Interconnection. The project, scalable to 2 billion cubic feet per day, aims to serve...
Octopus Energy Boss: Some People Would Accept Blackouts if Bills Cut
Octopus Energy chief Greg Jackson told an industry conference that many Spanish households would accept occasional blackouts if it meant electricity costs 25% lower, roughly $2,540 a year for a typical UK dual‑fuel bill. He argued that cheap home batteries...
From Restaurants to Packaged Food, a Slew of Sectors See Higher Cost Pressures Post Commercial LPG Price Hike
India’s commercial LPG price rose by ₹ 993 ($12) per 19‑kg cylinder, marking the third consecutive hike and bringing the cumulative increase to ₹ 1,332 ($16). The surge is hitting energy‑intensive sectors – restaurants and hotels face 10‑15% menu price hikes, with...
Power Spot Market Back in Operation
The Philippines' Wholesale Electricity Spot Market (WESM) resumed trading after a month‑long suspension triggered by the global oil crisis and soaring fuel costs. The Energy Regulatory Commission (ERC) lifted the halt to restore transparent price discovery while keeping consumer‑protection safeguards...
Australia’s $22 Billion Answer to the Question the Hormuz Crisis Asked
Australia’s reliance on imported refined fuel was laid bare when the Strait of Hormuz closed in March 2026, exposing it as the most fuel‑vulnerable developed economy. In response, the Albanese government launched a A$22.7 billion (~$15 bn) “Future Made in Australia” programme aimed...
Iran’s Threat to the World Economy
Iran has seized effective control of Strait of Hormuz traffic while the United States has responded with a naval blockade aimed at stopping Iranian oil exports. Both sides believe they hold the upper hand, creating a dangerous stalemate that could...
3 Oil Pipeline MLP Stocks to Gain Despite Industry Challenges
Midstream oil and gas pipeline master limited partnerships (MLPs) remain insulated from commodity price swings, yet Zacks rates the sector poorly at #195, the bottom 20% of industries. Despite a high 56.8% debt‑to‑capitalization ratio and a gradual shift toward renewables,...
Morrow Begins Battery Cell Deliveries to Proventia as Norwegian Production Scales Up
Norwegian battery maker Morrow Batteries has begun delivering lithium‑iron‑phosphate (LFP) cells to Finnish industrial‑technology firm Proventia, marking the first shipments under a master supply agreement that runs through 2031. The prismatic LFP cells will be used in Proventia’s off‑highway and...
Iran Delivers New Proposal to US as Hormuz Remains Shut
Iran delivered a fresh proposal to the United States via Pakistan, though the content on Hormuz and its nuclear program was not disclosed. President Trump reaffirmed his commitment to a naval blockade of Iranian ports, arguing it will pressure Tehran...
In Pictures—A Vision for a Hydrogen Future
Green hydrogen produced by GeoPura from wind‑powered electrolysis is now fueling construction equipment at the Port of Tilbury. JCB’s backhoe runs on a hydrogen internal‑combustion engine, while Toyota deploys the same fuel for its Mirai fuel‑cell cars. The portable hydrogen...
Advancements in Thermal Adhesives: Enhancing Battery Cell-to-Pack and Cell-to-Ribbon Performance for EVs
Parker Lord introduced CoolTherm TC-850, a thermally conductive acrylic adhesive that builds on its earlier TC-2002 product. The new formulation delivers four‑times higher elongation, stronger adhesion to plastics, and optimized 100 µm bondlines for lower thermal resistance. These advances target cell‑to‑pack...
The Hydrogen Stream: AfDB Backs Projects, Europe Logs 265 Offers
The African Development Bank’s Sustainable Energy Fund for Africa has opened a Green Hydrogen Programme, offering up to $20 million in pre‑investment grants to private developers across the continent. Meanwhile, the European Commission’s Hydrogen Mechanism recorded 265 supply‑side opportunities, with 87 %...
Could OPEC Lose Its Grip on Oil?
The United Arab Emirates announced its departure from OPEC and the broader OPEC+ alliance, ending a six‑decade partnership that had bolstered the cartel’s credibility. While Saudi Arabia retains the lion’s share of spare capacity and Russia continues to back the...
Iran War: Why We Must Embrace Energy Development
The article argues that the Iran conflict highlights the direct link between energy independence and national security. Disruptions in Middle‑East oil markets immediately raise prices and strain supply chains, giving adversarial regimes leverage. It warns that current U.S. policies that...
Walmart Rolls Out ABB A400 EV Fast Chargers at Seven Sites in Metro Phoenix
Walmart is installing ABB e‑mobility A400 All‑in‑One DC fast chargers at seven Phoenix‑area stores, part of a broader rollout that will bring 38 chargers to nine locations. Each unit can deliver up to 400 kW, either 200 kW to two cars simultaneously...
Environment Not Getting Worse, Despite Poll
International Energy Agency (IEA) chief Fatih Birol warned that the world has lost roughly 13 million barrels of oil per day, citing major disruptions tied to the Iran‑Russia conflict and the ongoing closure of the Strait of Hormuz. He described the situation...
Chinese PV Industry Brief: Longi, Trina Solar Report Losses
Longi Green Energy posted 2025 revenue of $10.3 billion, down 14.8% YoY, with a net loss of about $1.0 billion and margins hovering near break‑even. Trina Solar saw revenue around $9.8 billion, a 16.6% decline, and a widened net loss of roughly $1.1 billion...
Trader Mercuria Sues Baltic Exchange Over Hormuz Freight Losses, Court Filing Shows
Swiss‑based commodity trader Mercuria has filed a lawsuit in England’s High Court against the Baltic Exchange, alleging the benchmark TD3C crude‑tanker index remained published despite the effective closure of the Strait of Hormuz. Mercuria claims the unchanged index caused extreme...
No Evidence of Widespread Fuel Price-Gouging, Watchdog Says
The UK Competition and Markets Authority (CMA) reports no evidence of widespread fuel price‑gouging after the US‑Israel war with Iran sparked a surge in wholesale oil costs. Retail margins between February and March stayed close to the 10.7 pence per litre...