Energy News and Headlines
Energy News and Headlines
Energy Pulse
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Daily
Every morning
Weekly
Tuesday recap
SSE has named Kirby Group Engineering and Sungrow as the primary contractors for the 100 MW/200 MWh Derrymeen Battery Energy Storage System in County Tyrone. Sungrow will provide its PowerTitan 2.0 battery technology while Kirby will manage construction and balance‑of‑plant work. Mobilisation is underway with full construction slated to begin in the coming weeks and continue through late 2027. The facility is designed to bolster renewable electricity integration and grid flexibility in Northern Ireland.
The Competition and Markets Authority (CMA) has issued an open letter urging all road fuel retailers to register with the government’s Fuel Finder platform and to report any price changes within 30 minutes. Starting 1 May 2026, the CMA will actively enforce...
Uber has broadened its $4,000 "Go Electric" grant to every driver in the United States, extending a program that was previously limited to New York, California, Massachusetts and Colorado. The incentive applies to Platinum and Diamond drivers who switch to...
Osprey Charging has opened a new ultra‑rapid EV charging hub at Twyford Services near Evesham, featuring 16 Kempower chargers capable of 300 kW output. The site can potentially serve up to 32 vehicles at once and offers a range of payment...
Borr Drilling announced new contract commitments and extensions for four of its premium jack‑up rigs spanning West Africa, the Americas, Europe and Southeast Asia. The Prospector 5 rig secured a binding 320‑day, up‑to‑220‑day extension contract with BW Energy in Gabon. The...
Transocean announced a roughly $1 bn increase to its order backlog after winning a new harsh‑environment semisub contract in Norway and securing extensions for two ultra‑deepwater drillships in Brazil. The Barents rig will operate under a 1,095‑day, $450,000‑per‑day agreement starting mid‑2027,...
Energy supplier tem is absorbing over £7 million (≈$9 million) of the 2026 TNUoS residual banded charge for contracts signed before October 2025, shielding customers from a 60% increase. The TNUoS charge, a non‑commodity cost set by NESO, is rising due to under‑investment...
Exxaro Resources and state utility Eskom have signed a new coal supply agreement that extends the delivery of Matla mine coal to the Matla power station through November 2043, renewing a partnership that began in 1983. The contract is a...
At the Energy Storage Summit 2026 in London, a panel examined Germany’s merchant‑only energy‑storage market, where subsidies are scarce and revenue must come from grid services and market participation. Speakers highlighted that Germany is projected to install 24 GW of utility‑scale storage...
Arcius Energy, the BP‑ADNOC joint venture, announced a final investment decision to develop the Harmattan gas field in Egypt’s El Burg Offshore concession. The project carries an estimated $500 million investment and aims to lift domestic natural‑gas output. Execution contracts have been...
The UK emissions trading scheme (ETS) front‑year contract widened its discount to the EU ETS in Q1, averaging £14.75 per tonne of CO₂e (about $19) and swinging between £6.85 and £25 per tonne. This is the broadest quarterly gap since...
Adrian Del Maestro argues that the rapid expansion of AI‑driven data centres hinges on secure, clean power and strategic use of "powered land". He highlights that under‑utilised sites with grid connections can generate new revenue streams while supporting the UK’s digital...
China’s foreign ministry said US and Israeli strikes on Iran caused the Strait of Hormuz blockage. The closure has pushed Brent crude to about $100 a barrel, spiking global oil prices by 40‑50%. Chinese airlines announced fuel surcharges, while President...
Dimension Energy secured a $650 million financing package to develop a 132 MW portfolio of 25 community solar projects across Pennsylvania, New York, New Jersey and Illinois. The deal includes $415 million in debt from MUFG, First Citizens Bank, ING Capital and National Bank of...
The ongoing Iran‑related conflict has closed the Strait of Hormuz, pushing crude oil above $100 per barrel and gasoline past $4 a gallon in the United States. The spike is reverberating through petrochemical feedstocks, especially naphtha, where Asian prices have...
The first Malta‑Italy interconnector (IC1) was re‑energised on April 1 after a brief shutdown to reroute control cables for the upcoming second link. The work, performed at the Ragusa terminal in Sicily, included preparation for a new 220 kV hybrid switchgear...
Oil prices surged nearly 7% on Thursday after President Donald Trump warned that the United States and Israel would continue striking Iran, reigniting concerns over supply disruptions. Brent crude rose to $108.81 a barrel and U.S. WTI to $107.18, marking...
MetaWealth announced the launch of its first battery energy storage system (BESS) in Dumbrava, Neamț, Romania, financed in part through a corporate bond aimed at retail investors. The bond carries a minimum ticket size of €25,000 (about US$29,000), marking a...
Dutch research institute TNO, together with thin‑film specialist ASAT, unveiled what it calls the world’s first perovskite solar roof tile. The flexible perovskite module delivers 13.8% efficiency on foil and 12.4% after being bonded to a curved composite tile. TNO...
The war involving Iran is reshaping the global energy transition by turning energy security into a central concern. Conflict‑driven supply disruptions have pushed oil and gas prices higher and heightened market volatility. Private infrastructure investors, who previously emphasized pure renewable...
EnQuest plc has signed a production sharing contract for the Cendramas block offshore Malaysia, securing a 25% participating interest through its subsidiary EnQuest Petroleum Production Malaysia. The block will be operated by Medco Asia Pacific, which holds a 50% stake,...
onsemi announced that its next‑generation hybrid power integrated modules (PIMs) will be used in Sineng Electric’s 430 kW liquid‑cooled string energy storage system and 320 kW utility‑scale solar inverter. The FS7 IGBT and EliteSiC‑based F5BP modules deliver 32% higher power density and...
Texas, the nation’s onshore wind leader, has no offshore projects because state officials blocked approvals, causing zero bids in the 2023 federal Gulf lease auction. Despite the Gulf’s high wind potential and Texas’s oil‑gas expertise, political hostility, stringent easement requirements,...
Alicia Johnson, newly elected Georgia Public Service Commissioner, is pledging to put affordability and transparency at the forefront of utility regulation. Her election, alongside Democrat Peter Hubbard, marks the first Democratic presence on the five‑member commission since 1998, reflecting a...
Malaysia will keep subsidised fuel prices for another week despite Brent crude topping $100 per barrel and refined gasoline and diesel exceeding $150 and $250 respectively. Retail rates without subsidies rise to RM4.95 ($1.09) per litre for RON97 and RM6.02...
Energean is spending roughly $10 million each month to keep its Israeli offshore assets on standby as the Israel‑Iran conflict drags on, and its $1 billion Katlan gas development could be postponed if hostilities extend beyond May. CEO Mathios Rigas emphasized that...
A liquefied natural gas tanker, identified as the Omani‑flagged Sohar LNG, has become the first LNG vessel to navigate the Strait of Hormuz since the regional conflict began. The ship, which appears to be sailing empty, altered its course to...
Europe’s residential battery fleet is expanding rapidly, with Germany alone installing hundreds of thousands of home storage units. Yet most of these batteries operate only in self‑consumption mode, missing out on lucrative electricity markets. Podero proposes aggregating thousands of modest...
Transmission system operators TenneT and National Grid Ventures have signed a joint development agreement to advance LionLink, a 2‑GW hybrid interconnector linking the UK and the Netherlands via the planned Nederwiek 3 offshore wind farm. The JDA outlines joint procurement, governance...
Valero Energy is leveraging record‑high crack spreads and a 98% refinery utilization rate to generate strong cash flow. Tight global refining capacity, driven by plant closures and regulatory headwinds, gives the company a structural pricing advantage. The refiner’s balance sheet...
Zambia has opened a 300 MW solar photovoltaic tender under its Carbon Feed‑In Premium (CFIP) programme, targeting projects with on‑site battery storage. The Ministry of Green Economy and Environment and the Ministry of Energy invite local and international independent power producers,...
U.S. offshore oil production hit a record 714 million barrels in 2025, the highest output ever from the Outer Continental Shelf. The surge is driven primarily by deepwater projects in the Gulf of Mexico, reflecting years of lease sales, geological studies...
The Office for Nuclear Regulation, the Environment Agency and Natural Resources Wales have finished Step 2 of the Generic Design Assessment for Holtec’s SMR‑300, confirming no fundamental safety, security, safeguards or environmental shortfalls. This clearance removes a major regulatory hurdle for...
New financing from the European Investment Bank ($1.15 billion) and the Rockefeller Foundation ($10 million) will accelerate the World Bank‑led Mission 300 initiative, which aims to connect 300 million people in sub‑Saharan Africa to electricity by 2030. The funds support a mix of grid...
Saudi Arabia is pivoting from oil to critical minerals to meet Vision 2030 goals, targeting 30% electric‑vehicle sales and 50% renewable electricity by 2030. Africa, which holds about 30% of global critical‑mineral reserves, is becoming a key supply source. Riyadh has...
The Australian Energy Market Commission (AEMC) has finalized rules that require customers who permanently abolish their gas connections to pay a cost‑reflective fee, ending state caps that previously spread removal costs across remaining users. Distributors will also be mandated to...
The Australian Competition and Consumer Commission (ACCC) has ordered fuel retailers to pass on the latest federal fuel excise reduction of about 5.7 Australian cents per litre (≈3.8 US cents) as quickly as possible. This follows an earlier 26.3‑cent cut...
Harmony Gold’s $2.4 billion Eva copper mine in Queensland has secured a 15‑year power contract with UK‑based Aggreko to build Australia’s largest off‑grid hybrid renewable facility. The complex will combine a 118 MWp solar farm, a 250 MWh battery storage system and a...
Subsea7 secured a substantial subsea installation contract for Chevron’s Aseng Gas Monetization Project offshore Equatorial Guinea. The award covers roughly 19 km of rigid production flowline and 20 km of umbilicals, to be installed in about 800 m water depth, linking the Aseng...
At the Energy Workforce & Technology Council’s Tucson meeting, offshore and onshore panels highlighted a renewed surge in deep‑water projects and the growing role of AI, automation, and performance‑based contracts in boosting efficiency. Offshore executives cited West Africa, Brazil, Guyana,...
The U.S. Bureau of Land Management’s latest lease sale across Colorado, Nevada and Utah generated $64.8 million from 136 parcels covering 131,121 acres. Utah accounted for the bulk of revenue, delivering $56.4 million from 57 parcels, while Colorado and Nevada contributed $8.1 million...
New Fortress Energy has signed a long‑term lease and capacity agreement for its Terminal de Gás Sul (TGS) LNG import facility in Santa Catarina, Brazil, set to commence in August 2026. The deal is projected to generate roughly $50 million in annual...
In the April 2 2026 Solar Insiders podcast, Matthew van der Linden of Flow Power argues that combining battery storage with real‑time energy intelligence can drive household and commercial electricity costs toward zero. He outlines how declining storage prices and advanced analytics enable users...
Sydney‑based Eora Energy launched today, positioning itself as a new player in Australia’s long‑duration energy storage market with vanadium redox flow batteries. The company is focusing on diesel‑dependent mining operations and rapidly expanding data‑centre clusters, where grid constraints demand firming...
The Australian Senate has reopened calls for research into the health impacts of wind turbines, reviving the controversial notion of wind turbine syndrome. Recent peer‑reviewed studies, including a randomized controlled trial by the Woolcock Institute and a sleep‑EEG investigation from...
The Australian Labor government has opened five new offshore gas exploration blocks in the Otway Basin, covering roughly 1.6 million hectares off Victoria and 800,000 hectares off Tasmania. The move revives drilling ambitions that were previously halted after the successful #FightForTheBite...
Australia’s liquefied natural gas (LNG) sector is leveraging record export volumes to offset a sharp domestic energy price shock caused by global supply disruptions. In 2023 the country shipped roughly 70 million tonnes of LNG, generating about $30 billion in export revenue....
Sir Jim Ratcliffe, the billionaire behind Ineos, has joined other manufacturing chiefs in endorsing the Conservative Party’s pledge to scrap the UK Emissions Trading Scheme (ETS), a carbon‑tax mechanism that forces high‑carbon energy to cost more than renewables. The party...
Hundreds of French gas stations ran out of fuel after the government imposed price caps to curb soaring costs caused by Middle East supply disruptions. TotalEnergies accounts for about 700 of the 900 stations that reported shortages, a logistical bottleneck...
Republican Representative Brad Finstad, a member of the House Agriculture Committee, says the year‑round E15 ethanol blend legislation is nearing completion, with the latest draft now at the House legal counsel’s office. He reports growing support from small and medium‑sized...
