Energy News and Headlines
Energy News and Headlines
Energy Pulse
EMAIL DIGESTS
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EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
Hephae Energy Technology has appointed industry veteran Andy Bruce as president to drive the commercialization of its ultra‑high‑temperature geothermal drilling and robotics solutions. Bruce brings more than three decades of leadership in downhole drilling, energy services, and M&A across companies such as Scout, Nabors and Trelleborg. The hire signals Hephae’s shift from technology development to field‑scale deployments targeting super‑hot rock geothermal reservoirs. The company expects Bruce to lead engineering, manufacturing, partnerships and customer engagement worldwide.
The 730 MW Winterbourne wind farm in New South Wales has been referred to the Independent Planning Commission after attracting over 550 public objections and 770 supportive submissions, giving it a 56 % approval rate among 1,371 total entries. The project, championed...
Geopolitical tensions between the United States and Iran have added a sizable risk premium to oil, pushing Brent into the low‑70s and sparking forecasts of $100 per barrel if conflict escalates. The surge has lifted the STOXX Europe 600 Oil...
Yancoal posted record 2025 coal production, lifting run‑of‑mine output to 67 million tonnes and saleable production to 50.8 Mt, despite a 13% revenue decline driven by lower coal prices. Operating EBITDA reached $1.44 billion, delivering a 24% margin, while cash operating costs fell...
Caterpillar’s Electrification + Energy Solutions Division has created a Product Support Field Engineering team to back its first‑generation battery‑electric mining equipment. The team troubleshoots hardware in real‑world sites, trains dealers on high‑voltage safety, and channels field observations back to engineers....
Willdan Group reported its strongest quarter ever in Q4 2019, with contract revenue jumping 49.7% to $129.4 million and net revenue rising 51.8% to $61 million. The Energy segment led the surge, posting an 84.5% increase in net revenue, while adjusted EBITDA more...
Fluor Corporation reported $12 billion in new awards for 2025, with 87 % structured as reimbursable contracts, while deploying $754 million in share repurchases and receiving $2 billion from its NuScale Power investment. The Energy Solutions segment posted a $414 million loss, driven primarily by...
Kimbell Royalty Partners reported Q4 2025 production of 25,627 BOE per day and adjusted EBITDA of $64.8 million, while proved reserves rose 8% to a record 73 million BOE. The company declared a $0.37 per unit distribution, a 6% increase, classified entirely as return of...
Sempra reported adjusted Q3 2025 EPS of $1.11, a 25% year‑over‑year rise, while GAAP earnings fell to $0.12 per share because of a $514 million non‑recurring tax charge. The company reaffirmed its 2025‑2026 adjusted EPS guidance and highlighted a $10 billion sale...
Talen Energy reported adjusted EBITDA of $1.035 billion and adjusted free cash flow of $524 million for 2025, with Q4 cash flow surpassing the entire 2024 level. The company reaffirmed its 2026 guidance, targeting $1.75‑$2.05 billion EBITDA and $980‑$1.18 billion free cash flow, while...
Turkey’s state‑owned TPAO and Britain’s BP have signed a comprehensive oil and gas cooperation agreement targeting Iraq’s Kirkuk basin. TPAO aims to lift 500,000 barrels per day by 2028, while BP’s initial target is 328,000 barrels per day, with plans...
DMC Global reported Q4 2025 consolidated sales of $143.5 million, a 6% YoY decline, and a negative adjusted EBITDA of $1.6 million. Net debt fell 67% to $18.7 million, the lowest since the 2021 Arcadia acquisition, while cash stood at $32 million. All three...
Pacific Gas & Electric reported full‑year 2025 core earnings of $1.50 per share, a 10% increase over 2024 and the midpoint of its guidance range. The company raised its 2026 core EPS outlook to $1.64‑$1.66, signaling another 10% growth year...
Daqo New Energy reported a 39.7% drop in annual polysilicon production to 123,652 metric tons, staying within its guided range, while sales outpaced output at 126,707 tons. Revenue fell 35% to $665 million and average selling price slipped 7.2%, yet the...
3ME Technology and South 8 Technologies have signed a Letter of Intent to develop lithium‑ion batteries for extreme cold‑weather and Arctic defence use. South 8 will supply its LiGas‑enabled cells, which operate from –60 °C to +60 °C, for integration into 3ME’s EdgeVOLT Cold...
Hawthorn Football Club announced a premier partnership with Anker SOLIX, naming the global home‑battery leader its Proud Official Home Battery Partner. The deal coincides with Australia’s Cheaper Home Batteries Program, which offers rebates to spur residential energy‑storage adoption. Hawthorn members will...
Pulsenics, a Toronto‑based tech firm, unveiled AccelaGrade, a rapid quality‑control platform for lithium‑ion battery remanufacturers. The solution combines partial‑discharge cycling, temperature monitoring, and electrochemical impedance spectroscopy to assess cell health and assign letter grades. AccelaGrade delivers a full state‑of‑health readout...
IFS unveiled Resolve for Utilities, an AI‑enabled field service solution designed to boost storm response, crew coordination, and daily grid operations. Built on IFS's existing FSM platform, the tool incorporates IFS Nexus Black AI to automate crew callouts, enhance mutual‑aid...
Manila Electric Co. (Meralco) posted a record 2025, with consolidated core net income rising 12% to P50.57 billion, surpassing its P50 billion profit target. The boost came primarily from its power‑generation arm, which grew its share of profit to 33% and contributed...
Atombeam and Trilliant have partnered to combine Atombeam’s Neurpac data‑compression software with Trilliant’s AMI communications platform, offering utilities a way to transmit more grid data without new hardware. Neurpac’s “Data‑as‑Codewords” encoding claims up to 75% reduction in data size, effectively...
U.S. ethanol production held steady at 1.113 million barrels per day, slipping 5,000 barrels from the prior week but climbing 32,000 barrels year‑over‑year as plants chase demand. Iowa State University’s Center for Agricultural and Rural Development reported improved operating margins...
Component-level inspections give utilities granular data to improve hazard modeling, risk forecasting, and targeted mitigation. By focusing on small hardware such as cotter pins, connectors, and splices, utilities can markedly reduce outage risk during wildfires, storms, and other extreme events....
ENGIE announced a £10.5 billion equity purchase of UK Power Networks, valuing the distribution operator at a £15.8 billion enterprise value. The acquisition gives ENGIE its second‑largest market globally and adds 192,000 km of mostly underground network serving 8.5 million customers across London and...
North Sea crude spreads fell to a two‑month low after Vitol and TotalEnergies halted a heavy buying spree, pushing the WTI Midland spread to just $1.70 above Brent. Derivative indicators turned bearish as weekly Brent CFDs entered contango and the...
Roanoke City Public Schools will install a solar‑powered microgrid with battery storage at Patrick Henry and William Fleming high schools, funded by a $450,000 state grant and $2.1 million from Secure Solar Futures. The $2.55 million project, the first public‑school solar microgrid...
Boulder Municipal Airport aims to start offering unleaded aviation fuel by late 2026, ahead of Colorado’s 2030 statewide leaded‑avgas phase‑out. The draft transition plan, due by Jan. 1, 2026, outlines annual reviews but omits specifics on fuel type, infrastructure, and financing. To...
Heron Power announced a $140 million Series B round to launch gigawatt‑scale production of solid‑state transformers for data centers and the electric grid. The round, led by Andreessen Horowitz’s American Dynamism Fund and Breakthrough Energy Ventures, follows a $38 million Series A raised in...
The U.S. Department of Energy is finalizing a $26.5 billion loan package for Southern Company that will support more than 16 GW of baseload projects, including 5 GW of new gas, 6 GW of nuclear upgrades, battery storage, and over 1,300 miles of transmission. The...
Airbus and a coalition of airlines completed the GEESE wake‑energy retrieval trials, demonstrating that two A350s can rendez‑vous over the North Atlantic while maintaining vertical separation. The Pairing Assistance Tool coordinated flight paths in real time, achieving a 75% success...
President Donald Trump claimed the United States received over 80 million barrels of Venezuelan crude, a figure far exceeding reality. Vortexa ship‑tracking data shows U.S. imports of Venezuelan oil totalled about 17.7 million barrels, roughly 300,000 barrels per day, in January and...
The U.S. Treasury's Office of Foreign Assets Control (OFAC) announced it will approve third‑party applications to resell Venezuelan crude and refined products to Cuba. Transactions must follow the same conditions as U.S.-authorized sales to Venezuela's state oil firm, including depositing...
Eidesvik Offshore has secured an additional contract extension from Aker BP for its 2012-built platform supply vessel Viking Prince. The extension adds roughly two months to the vessel’s hire, pushing the end‑date to the end of April 2026. This follows...
Nordex SE posted record Q4 2025 results, with order intake rising 9.2% to €3.2 billion and revenue up 16% to €2.5 billion. EBITDA surged to €307 million, delivering a 12.1% margin, while net profit jumped to €184 million. Full‑year 2025 figures also broke records,...
Venture capital in Africa is pivoting from fintech to solar microgrid projects as investors chase more predictable, asset‑backed returns. After a fintech boom between 2016‑2021, market saturation, rising customer‑acquisition costs and tighter regulation have eroded margins. Solar microgrids, backed by...
Saudi Arabia’s largest oil shipper, Bahri, provisionally chartered five very large crude carriers as daily charter rates neared $200,000, the highest level since 2020. The vessels are slated to move Saudi crude to Asian markets, chiefly China, in the coming...
Surge Battery Metals, together with Evolution Mining, released the final assay results from its 2025 core drilling program at Nevada North Lithium Project. Infill drilling returned a 116‑metre interval averaging 3,752 ppm lithium, including a 32.1‑metre zone grading 4,521 ppm, confirming a...
Germany's Bundestag will vote on a hydrogen acceleration law that expands eligible infrastructure to include carbon‑capture‑and‑storage (CCS) based hydrogen production. The amendment also adds import facilities for power‑to‑liquid fuels such as synthetic aviation fuel. Projects designated as "overriding public interest"...
The U.S. Treasury’s Office of Foreign Assets Control announced sanctions on 12 tankers and their owners that have shipped hundreds of millions of dollars in Iranian petroleum and petrochemical products. The designations also include nine individuals and entities in Iran,...
German startup Solarsecure Tech introduced the SolarSecure Vision gateway, a hardware‑agnostic device installed at the meter connection point that intercepts and validates inverter‑to‑cloud communications. The gateway blocks unverified kill‑switch commands while allowing authenticated signals, including mandatory grid‑operator directives, to pass via a...
Ontario natural gas storage remains well below the five‑year average, sitting 27.7 Bcf short and driving Dawn hub prices higher as winter ends. Seasonal withdrawals are the third‑largest on record, with the March exit projected near 60 Bcf. The forward price curve...
South Africa’s Minerals Council criticised the 2024 budget for omitting any reduction in electricity tariffs for the ferroalloys sector, despite industrial power costs soaring over 900% since 2008. The omission threatens the ferrochrome industry, which supports more than 20,000 jobs,...
Siemens and CAPHENIA announced a partnership to accelerate commercial Sustainable Aviation Fuel production by integrating Siemens’ digitalisation and automation tools with CAPHENIA’s plasma Boudouard reactor technology. The reactor splits bio‑methane into synthesis gas at 1,500 °C with over 86 % efficiency, enabling...
Germany’s regulator is reconsidering the grid‑fee exemption for utility‑scale battery storage, creating uncertainty for projects commissioned before 2029. While the Bundesnetzagentur expects storage capacity to surge to 68 GW by 2037, the potential retroactive fees could dampen investor momentum. At the...
Researchers have created a high‑entropy alloy (HEA) catalyst composed of Mn, Fe, Co, Ni, and Cu, derived from a layered double hydroxide precursor. The HEA nanoparticles are uniformly anchored on nitrogen‑doped carbon nanotubes via dicyandiamide‑assisted pyrolysis, yielding a single‑phase fcc...
Sunbolt announced an expanded Eclipse Solar Charging Umbrella lineup, adding a refreshed fabric‑canopy version with 88 W of high‑efficiency panels and a new permanent Aluminum Canopy model delivering 110 W. Both units are built in the United States, feature six dual‑port USB/USB‑C...
Russia's finance ministry announced plans to lower the cut‑off price that triggers the transfer of oil revenues into the budget reserve fund. The move aims to channel more of the declining oil proceeds into the $56 billion reserve to protect it...
EDP Renovaveis reported a 50% jump in recurring net profit for 2025, reaching €330 million, driven by rapid U.S. capacity expansion. EBITDA rose 17% to €1.95 billion, with a target of €2.1 billion for 2026. The company added 2 GW of new capacity, over...
At the Energy Storage Summit 2026 in London, analysts warned that pairing batteries with under‑performing solar farms is not a universal remedy. While co‑located projects can make efficient use of land, experts argue that standalone storage delivers the most valuable...
Crude oil rallied to $65.89 per barrel this morning as concerns over a potential Iranian conflict resurfaced, while the Canadian dollar held near 65.89 U.S. cents. In the grain sector, canola futures slipped to C$690.20 a tonne, pressured by a...
European day‑ahead power contracts plunged on Wednesday as wind generation surged and demand fell across the region. Germany's baseload price dropped 20.6% to €75/MWh, while France’s fell 30% to €21/MWh. Wind output is set to reach 23.8 GW in Germany and...
