Energy News and Headlines
Energy News and Headlines
Energy Pulse
EMAIL DIGESTS
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Tuesday recap
EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
Permian Resources reported record Q2 execution, delivering 385,000 boe/d total production and 176,500 bpd of oil, surpassing its own forecasts. The company closed a $600 million Apache bolt‑on, integrating the assets within weeks and adding roughly 900 bpd of oil. Fitch upgraded PR to investment‑grade, leaving the firm with roughly one‑times leverage and $3 billion of liquidity. New gas and crude marketing contracts are expected to lift netbacks and add $50 million of free cash flow in 2026.
Mirion Technologies reported record 2025 orders exceeding $1.1 billion, a 26% year‑over‑year rise driven by strong nuclear power demand and a $150 million large‑project pipeline. Acquisitions of CertRec and Paragon Energy Solutions lifted nuclear‑power revenue to roughly 40% of total sales and...
Select Water Solutions reported $1.4 billion in consolidated revenue for 2025 and a record adjusted EBITDA of $260 million, exceeding its guidance. The Water Infrastructure segment posted a 54% gross margin in Q4 and is projected to grow 20‑25% year‑over‑year in 2026,...
Avista Corp reported consolidated earnings of $1.01 per diluted share year‑to‑date, a 30% decline from 2024, while its utility segment posted a 15% earnings increase to $1.03 per share. The company reaffirmed its 2025 consolidated earnings guidance of $2.52‑$2.72, indicating...
The Asian Infrastructure Investment Bank (AIIB) approved the procurement plan for Uzbekistan’s Resilient Electricity Transmission Project on February 25, 2026, committing 100% financing for a $1.324 million consulting package. Two contracts were cleared: a $24,000 individual consultancy and a $1.3 million project‑preparation...
Core Laboratories reported Q4 2025 revenue of $138.3 million, up 3% sequentially and 7% year‑over‑year, driven by stronger international demand for reservoir description services. The Reservoir Description segment posted $92.3 million in revenue with a 14% operating margin, while Production Enhancement revenue...
Crescent Energy reported Q4 2025 oil and gas sales of $364 million, an 8% year‑over‑year increase, while adjusted net income held steady at $46 million. A $445 million divestiture program generated a $294 million pretax gain, lifting GAAP profit to $281 million and reducing debt...
Bristow Group reported Q3 2025 adjusted EBITDA of $67.1 million, up $6.4 million sequentially, and total revenue increasing by $9.9 million, led by strong Government and Other Services performance. Offshore Energy Services revenue slipped $2.4 million, partially offset by higher utilization in the Americas....
SM Energy announced that its merger will create a top‑10 U.S. independent oil producer with roughly 526,000 barrels of oil equivalent per day and 1.5 billion BOE of pro forma proved reserves. The combined entity will hold over 800,000 net acres,...
Kinder Morgan posted record Q4 2025 results, with net income of $996 million and EPS of $0.45, up roughly 50% year‑over‑year. Adjusted EBITDA reached an all‑time high, growing 6% and surpassing the 4% budget target. The company expanded its project backlog...
Southwest Gas Holdings completed its transformation into a pure‑play regulated natural‑gas utility by fully divesting Century, using the $1.35 billion sale proceeds to retire all holding‑company debt and boost cash to nearly $780 million. The company reaffirmed its 2025 net‑income outlook at...
BKV Corporation announced it will increase its stake in the power joint venture to 75%, securing majority control and greater governance over capital decisions. Management highlighted robust free cash flow that will fund debt reduction, power‑sector investments, and its expanding...
Aggreko is constructing a hybrid power station in Queensland to serve Arrow Energy’s Surat Gas Project North. The facility will combine a 17 MWp solar farm, an 8.4‑MVA/16‑MWh battery energy storage system, and a 33.75‑MVA gas‑fired thermal generator. Expected to create...
Firmus announced a partnership with Vast Data to deploy the Vast AI Operating System as the data foundation for its Asia‑Pacific expansion. The collaboration targets high‑throughput, disaggregated GPU clusters, ensuring efficiency across thousands of GPUs in its sovereign AI factories,...
Whitecap Resources leveraged its May acquisition of rival Veren to boost scale, prompting a credit‑rating upgrade, lower borrowing costs and larger reserves. The expanded footprint enabled the company to lock in two 10‑year natural‑gas supply contracts totaling 85,000 MMBtu per day,...
Global renewable‑energy investment hit a record $386 billion in 2025, driven by offshore wind and small‑scale solar in emerging markets. In the United States, clean‑energy funding slumped sharply in Q4, falling 36 percent after the Biden‑era EV tax credit was eliminated, resulting...
Crude futures fell on Tuesday after Iran's foreign minister indicated a potential US‑Iran agreement on uranium enrichment could be reached in Geneva. The optimism trimmed the geopolitical risk premium, pushing WTI and Brent below $80 per barrel. Prices had been...
The global gas and LNG market entered a volatile phase in late February 2026, driven by tighter supply, rising spot prices, and shifting demand patterns across Europe and Asia. European winter demand outpaced supply, prompting higher contract renegotiations, while Asian...
The Energy Information Administration released the February 24, 2026 natural‑gas spot price report, detailing volume‑weighted average prices for next‑day flow and weekend delivery. The data include both wellhead and delivered price composites, along with the day’s trading range, total gas volume, and...
First Solar has signed a non‑exclusive licensing agreement with Oxford PV, granting access to the UK firm’s extensive perovskite patent portfolio and pending applications. The deal enables First Solar to develop and potentially manufacture perovskite‑based thin‑film photovoltaic modules for U.S....
The European Union is reviewing its Arctic policy, and a tighter definition could unlock the Barents Sea’s estimated 22 trillion cubic feet of gas. Norway’s offshore fields could then supply 20‑30% of EU gas demand through 2050, offering a lower‑emission alternative...
Form Energy’s iron‑air battery will be deployed by Xcel Energy in Minnesota to power a new Google data center. The 300 MW installation can discharge continuously for up to 100 hours, delivering 30 GWh of stored clean energy. Google will also fund 1.4 GW...
Diamondback Energy says fears of a global oil glut are receding as resilient demand steadies the market. Recent price action shows U.S. crude futures up more than 15% year‑to‑date, erasing most of 2025’s 20% loss. The company will keep output...
Polish oil major ORLEN has bolstered its North Sea presence by acquiring a 7.6% interest in the Albuskjell and Vest Ekofisk fields, bringing its total stake in the Tommeliten Gamma field to 62.61%. The three assets, developed under the Previously Produced Fields...
Eagle Energy Metals Corp. completed its business combination with Spring Valley Acquisition Corp. II, creating Eagle Nuclear Energy Corp. The new company will begin Nasdaq trading on February 25, 2026 under the ticker symbols NUCL and NUCLW. The merger pairs the largest...
The Mediterranean gasoline market is diverging from northwest Europe as several key fluid catalytic cracker units undergo maintenance, notably Helleniq Energy’s Aspropyrgos refinery in Greece and Eni’s Milazzo refinery in Italy. With offshore capacity constrained, February‑March spreads have turned backwardated—a...
At Mining Indaba 2026 in Cape Town, Lualaba province positioned itself as the world’s leading cobalt producer, emphasizing its pivotal role in the energy transition. Governor Fifi Masuka Saini highlighted the region’s stable, investment‑friendly governance and alignment with international mining...
Vestas has secured a firm 1.38‑GW offshore wind order from RWE for the Vanguard West project in the UK, encompassing 92 V236‑15 MW turbines. The deal includes supply, transport, commissioning, a five‑year service agreement and subsequent long‑term O&M contract. The project,...
Motiva announced a $0.50 per US‑gallon reduction to its Group II, II+ and III base‑oil postings, effective 1 March. The cut could translate into contract price declines of 10‑15¢/USG for parties linked to Motiva’s postings or to basket indices, while blenders with...
Rising energy prices, stricter regulations, and sustainability goals are forcing cold‑storage operators to prioritize efficiency. New insulation materials such as XPS and vacuum‑insulated panels dramatically reduce thermal loss, while IoT‑enabled smart controls match cooling output to real‑time demand. Manufacturers are...
Caterpillar announced a strategic investment in a Serbian lithium‑iron‑phosphate (LFP) battery manufacturer, earmarking a multi‑million‑dollar stake to bolster its energy storage capabilities. The move secures a domestic source of LFP cells for Caterpillar’s heavy‑equipment line, reducing reliance on Chinese suppliers....
Trina Storage and Gore Street Capital have launched a private EU Battery Energy Storage System (BESS) fund targeting more than 12 GWh of projects. The fund, backed by the European Investment Fund and the Irish Strategic Investment Fund, aims to raise...
Suzlon announced a major governance overhaul under its Suzlon 2.0 plan, creating a Group Executive Council and appointing Ajay Kapur as the new group chief executive. The restructure is designed to accelerate the company's shift from a pure wind‑energy provider to...
Physical tolling agreements are rapidly becoming the preferred off‑take structure for new battery storage projects across Europe, a trend highlighted at the Energy Storage Summit 2026. A poll of attendees showed 75 % are considering tolls, reflecting growing confidence that these...
Brookfield-backed Rockpoint Gas Storage completed a secondary offering, selling 16.4 million shares at C$28 per share. The transaction generated approximately C$459 million in gross proceeds, including shares issued under an over‑allotment option. The capital raise bolsters the company’s balance sheet and funds...
Renault's Ampere division has signed a development agreement with Basquevolt to accelerate lithium‑metal battery prototypes for future electric vehicles. The partnership targets pre‑A sample cells that could deliver up to 450 Wh/kg energy density while cutting capital costs and energy use...
KODE Labs has launched EnerG, an AI‑enabled platform that consolidates utility, sustainability, and performance data for enterprise real‑estate portfolios. The solution replaces fragmented spreadsheets, PDFs and portal pulls with automated ingestion, validation and anomaly detection. Built as an extension of...
BGN Group, under CEO Rüya Bayegan, is scaling its African footprint by supplying Egypt with up to 160 LNG cargoes through 2026 and operating fuel terminals across Morocco. In July 2025 the firm launched a joint venture with the DRC’s...
Mars announced a power purchase agreement with Foresight Energy Infrastructure Partners for 70% of the output from the newly commissioned 277 MW Kölvallen wind farm in Sweden, delivering roughly 670 GWh of clean electricity each year. The deal marks the confectioner’s second...
Australia’s fuel tax credits scheme is costing taxpayers nearly $10.8 bn this fiscal year – roughly $30 m a day – by refunding excise on diesel and petrol for miners, farmers and other heavy‑fuel users. Critics label it the nation’s most expensive...
The week’s disruptive theme spotlights unexpected YTD winners, led by wet and dry shipping ETFs, South Korean market exposure, and oil‑service funds. Breakwave Tanker Shipping ETF (BWET) surged 100% and Breakwave Dry Bulk Shipping ETF (BDRY) climbed 31% as VLCC...
Midstream dividend growth remains robust, with 92.7% of AMNA constituents raising payouts year‑over‑year and no dividend cuts since July 2021. Both MLPs and corporations delivered sequential increases in Q4 2025, highlighted by Plains All American’s 9.9% hike. The sector’s strong cash‑flow generation...
Hitachi Energy and Pakal Technologies have teamed up to embed Pakal’s IGTO(t) silicon power switch into Hitachi’s high‑voltage power modules. The IGTO(t) promises roughly 30% lower conduction losses than conventional IGBTs, enhancing efficiency across rail, renewable, energy‑storage, AI and data‑centre...
Offshore wind developer Inch Cape released an independent report quantifying its economic contribution to the UK. The 50/50 ESB‑Red Rock joint venture will invest £4.7 billion overall, with £2.7 billion earmarked for Scotland and £1 billion in eastern regions. At construction peak, the...
Malaysian tanker owner Orkim has signed a six‑month time‑charter for its 2012‑built Orkim Citrine MR2 tanker with PETCO Trading Labuan, the trading arm of Petronas. The agreement, effective at the end of February 2026, includes an option to extend another six...
Britain announced its largest sanctions package to date, targeting Russia’s oil pipeline operator Transneft and adding nearly 300 new measures. The package, timed with the fourth anniversary of the invasion, also sanctions 48 oil tankers linked to Russia’s shadow fleet...
Mitsubishi Shipbuilding has shipped the first ammonia fuel supply system (AFSS) and ammonia gas abatement system (AGAS) for Japan Engine Corporation’s inaugural ammonia‑fueled marine engine, model 7UEC50LSJA‑HPSCR. The AFSS delivers ammonia to the engine safely and steadily, while the AGAS...
Australia’s CSIRO Renewable Energy Integration Facility (REIF) received a $3 million federal upgrade, doubling its power‑testing capacity. The enhanced lab now emulates microgrids, grid faults, and vehicle‑to‑grid scenarios, allowing realistic stress‑tests of solar, battery, wind and EV technologies. Operated from Newcastle,...
The Solar Quality Summit in Barcelona highlighted AI’s ability to accelerate photovoltaic project planning, construction, and operations, but stressed that its value hinges on high‑quality data. Attendees warned that “garbage in, garbage out” can magnify mistakes, making validation and human...
Irish developer ET Fuels has signed a binding long‑term offtake agreement with UK shipping firm RFOcean to supply e‑methanol at a fixed price starting in 2030. The fuel will be produced at ET Fuels’ advanced Rattlesnake Gap plant in Texas,...
