Energy News and Headlines
Energy News and Headlines
Energy Pulse
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Every morning
Weekly
Tuesday recap
Adani Power Limited has created a wholly‑owned subsidiary, Adani Atomic Energy Limited, to enter India’s nuclear power generation market. The move follows the Indian government’s SHANTI Bill, which relaxes licensing and permits controlled private participation in nuclear projects. The new subsidiary, fully funded with INR 0.5 million equity, will focus on generating, transmitting and distributing nuclear‑based electricity. This diversification comes as India targets a 100 GW nuclear capacity by 2047, supported by SMR development and a INR 200 bn budget allocation.
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) warned that President Bola Tinubu’s February 18 executive order, which channels oil and gas revenues directly into the federation account, undermines the financial autonomy granted to NNPC Limited under the...
Utilities are moving beyond pilot‑scale drone programs to enterprise‑level unmanned aircraft systems (UAS) that can inspect transmission lines, manage vegetation, and support emergency response. The core question now is whether to invest in larger UAS—platforms over 55 lb that operate outside...
Australia’s largest publicly owned wind farm, the 436.5 MW Tarong West project, has secured federal environmental approval under the EPBC Act. Fully owned by Queensland‑government generator Stanwell Corp after a $776 million state commitment, the scheme will feature 97 Vestas turbines across...
GridBeyond CEO Michael Phelan explains how AI‑driven orchestration of industrial loads and data‑centre consumption, combined with battery storage, can reveal gigawatts of hidden flexibility for Australia’s power grid. The podcast outlines the technical mechanisms that enable real‑time demand shaping and...
Shares of Indian upstream explorers jumped as Brent crude breached $71 per barrel amid renewed US‑Iran tensions and temporary Strait of Hormuz closures. Oil India rose 5.2% and ONGC gained 3.6%, while downstream marketers HPCL and BPCL slipped nearly 5%...
PPL Corp reported fourth‑quarter 2025 earnings with ongoing EPS of $1.81 per share, a 7.1% year‑over‑year increase that hit the midpoint of its guidance. The utility raised its quarterly dividend to $0.285 and reaffirmed a 4‑6% dividend growth target while...
Oil States International reported fourth‑quarter 2025 revenue of $178 million, up 8% sequentially and year‑over‑year, as offshore and international operations drove growth. Adjusted consolidated EBITDA rose 9% to $23 million, hitting the top of management’s guidance range. Cash flow from operations surged...
Incat Crowther, together with SWITCH Maritime, is advancing a 28‑metre hydrogen fuel‑cell electric ferry for New York waters. The vessel will carry 150 passengers at 25 knots, powered by 720 kg of compressed hydrogen, delivering a full‑day range without shore‑side charging. Backed...
U.S. LNG exports are set to climb from 15 Bcf/d last year to 18.1 Bcf/d by 2027, driving record natural‑gas production. The surge in feed‑gas demand and AI‑powered data‑center growth is tightening domestic supply, pushing residential and wholesale electricity prices higher. While...
Nymex natural gas futures for March slipped 1.5 cents to $2.996 per MMBtu on Thursday. This marks the first time the prompt‑month contract has settled below the $3 threshold since mid‑October. Despite short‑term expectations of cooler weather early next week, analysts...
On February 19, 2026, the U.S. spot cash electricity market posted a 3.2% increase in average price, reaching $58.4 per megawatt‑hour. The rise reflected higher natural‑gas forward curves and a dip in wind generation across the Midwest. Day‑ahead trading volumes...
The Trump administration announced that SoftBank’s U.S. affiliate SB Energy will develop a proposed 9.2‑GW, $33 billion natural‑gas power complex near Portsmouth, Ohio. The project is the flagship of a $36 billion first tranche of a $550 billion U.S.–Japan strategic investment framework that...
TIP Solar, backed by GoodLeap’s residential solar leases and PPAs, has issued $179.7 million in asset‑backed securities. The ABS are collateralized by 7,812 leases held by Jaguar Solar Owner 2026‑1 and structured into A‑ and B‑tranches with anticipated repayments through March 2033 and...
Luis Gonzalez, chief data and AI officer at Aboitiz Power, argues that the data industry will become the primary driver of the energy transition by using AI to finance and operate renewable assets. He envisions a future where computation is...
LanzaJet announced a $135 million equity financing round, valuing the company at $650 million pre‑money. The round is co‑led by International Airlines Group (IAG) and Shell, with existing investors such as Groupe ADP, LanzaTech and Mitsui also participating. Proceeds will fund the expansion...
Tech firms are pouring billions into energy‑intensive data centers as U.S. electricity demand climbs, prompting political scrutiny over rising utility bills. The White House has suggested that these companies finance new power‑plant capacity, while Senators Hawley and Blumenthal introduced legislation...
The House Republican‑led E15 Rural Domestic Energy Council has revised its biofuel exemption plan, raising the annual cap from 450 million to 550 million Renewable Identification Number (RIN) credits. The proposal also authorizes year‑round sales of 15% ethanol gasoline (E15) and expands...
Los Angeles hired AECOM for three $5 million reports that map a $1 billion, 2024‑2033 recovery strategy for Pacific Palisades after the deadly 2025 fire. The studies expose pervasive fire‑code violations, narrow streets and evacuation bottlenecks, and call for aggressive brush‑clearance, water‑system...
Kazakhstan’s thermal coal production slipped 1.7% YoY to 9.92 million tonnes in January, while total coal output fell 0.7% to 10.31 million tonnes. Despite the dip, the government is rolling out a national project to add about 7.6 GW of coal‑fired capacity by...
The Spanish electricity spot index plunged to an average €12.66/MWh for 1‑20 February, far below the €50.55/MWh forward contract and last year’s €116.88/MWh level. Wind generation surged 123% year‑on‑year to 11.2 GW, while gas‑fired output fell 25% to 3.6 GW, driving the price...
Urenco, a global uranium enrichment firm, faced fragmented, manual controls for removable media and file transfers across its air‑gapped nuclear facilities. To achieve consistent security, it deployed OPSWAT’s MetaDefender platform, routing all devices through centralized, zero‑trust inspection checkpoints. The solution...
Energy ministers at the International Energy Agency meeting failed to produce a joint climate‑change communiqué, as U.S. Energy Secretary Chris Wright aggressively challenged the agency’s net‑zero agenda. European ministers, led by the UK, France and Spain, reaffirmed the importance of...
A lighting audit does more than cut electricity bills; it uncovers hidden operational risks and opportunities. By pinpointing fixtures that are near failure, audits help schedule replacements during planned shutdowns, avoiding costly unplanned downtime. They also improve worker safety, health,...
Mark Temnycky, a non‑resident fellow at the Atlantic Council, wrote in Forbes that the European Union will fully phase out Russian liquefied natural gas (LNG) by the end of 2026. The move is framed as a step toward greater energy...
The International Energy Agency has opened formal discussions to grant India full membership, building on its associate status since 2017 and a 2023 request. Ministers from IEA member states agreed in February 2024 to start talks, signaling a push to...
SolarPower Europe unveiled two technical due‑diligence reports aimed at utility‑scale hybrid solar‑PV and battery energy storage projects. The “Technical Due Diligence Best Practice Guidelines” and the third‑edition EPC Best‑Practice Guidelines provide a lifecycle framework covering planning, construction, operation and decommissioning,...
Luminus Devices and APC Electronics have formed an exclusive partnership that couples Luminus’s high‑brightness LED modules with APC‑E’s silicon‑carbide (SiC) power semiconductors. The integration promises up to 15% efficiency improvement in high‑power luminaires and a 50% reduction in power‑supply size...
Sudamala Resorts has installed a 300 kW solar system at its Seraya location, now covering 80‑85 % of the resort’s electricity needs. The array, featuring 480 panels and a 770 kWh battery, generates roughly 410,000 kWh of clean energy annually, cutting diesel use and...
FlexGen Power Systems unveiled HybridOS version 13, a hardware‑agnostic energy management system that unifies battery storage and solar assets under a single interface. The upgrade adds real‑time and historical data APIs, a fleet‑view mobile app, predictive diagnostics, and enhanced battery‑management functions...
Energy storage specialist Emtel Energy USA has rebranded as Syntropic Power and introduced three stationary‑storage product lines—GridSurge, GridSpan and Tenet. The systems employ sodium‑ion batteries that have passed UL 9540A fire‑safety testing and are undergoing third‑party validation at Rochester Institute of...
Brazos Midstream commissioned its largest cryogenic plant, Sundance II, adding 300 MMcfd of processing capacity in the Midland Basin and joining the 200 MMcfd Sundance I that began operations in 2024. The company also broke ground on Cassidy I, another 300 MMcfd cryogenic facility in Glasscock...
Sweden’s wind sector recorded zero turbine orders in Q4 2025, marking the lowest investment pace in modern times. Green Power Sweden warns that the slowdown threatens the country’s self‑sufficiency, energy security, and ability to meet climate targets. The association attributes the...
Centrica reported a 41% plunge in 2025 earnings per share to GBX 11, matching FactSet consensus. After completing a £2 billion share‑buyback programme, the company announced a pause to the scheme. Soft 2026 guidance, driven by weaker gas and power trading, pushed...
Chinese battery maker EVE Energy commissioned the world’s first storage system built around its new 628 Ah ultra‑large lithium‑iron‑phosphate cells. The 200 MW, 400 MWh facility, comprising 80 five‑megawatt DC modules, demonstrates the technology at grid scale and marks a shift from research...
Orsted’s Hornsea 3 chief announced the collapse of a major monopile contract, forcing the 2.9 GW offshore wind project to pause its foundation procurement. The decision highlights the difficulty of securing large‑scale steel structures for the UK’s expanding offshore wind fleet....
President Trump’s energy dominance agenda has boosted US fossil fuel output, with oil production reaching record levels and LNG exports rising over 20 percent. The administration has kept five coal‑fired plants operating through regulatory rollbacks and secured Pentagon contracts, while...
Open Energy Transition (OET) advocates replacing black‑box energy‑system models with open, transparent tools such as PyPSA‑Eur. A recent German study, conducted with Form Energy, used granular multi‑year climate data to assess multi‑day storage (MDS) needs for a near‑100 % clean grid...
The Trump administration has issued new licenses permitting several Western oil companies to operate in Venezuela, potentially boosting the country's output by 30‑40 percent—roughly 300,000 to 400,000 barrels per day—this year. Energy Secretary Chris Wright said the increase would represent...
The Trump administration announced a U.S.–Saudi nuclear cooperation framework in November 2025, but a newly obtained report to Congress reveals the draft 123 agreement omits key non‑proliferation safeguards. The proposal would permit Saudi Arabia to pursue a limited uranium enrichment...
China State Shipbuilding Corporation (CSSC) subsidiary Sunrui Environment and Sunrui Composites have launched a 5‑metre‑diameter, 35‑metre‑tall rotor sail at Dalian, touted as the world’s largest. The sail uses the Magnus effect to convert wind into thrust, offering lightweight, high‑efficiency propulsion...
Equinor has scrapped its Dutch H2M Eemshaven CCS‑hydrogen project, citing policy uncertainty and insufficient funding, while the Belgian H2BE plant remains on schedule. Both plants were designed to produce 210,000 t/yr of low‑carbon hydrogen using autothermal reforming and each received roughly €160 million...
The U.S. Energy Information Administration trimmed its gasoline price outlook, now projecting an average of $2.91 per gallon in 2026 and $2.93 in 2027, down slightly from the January forecast of $2.92 and $2.95. The agency’s short‑term energy outlook still...
President Donald Trump warned Iran it has roughly ten days to reach a "meaningful" nuclear agreement, hinting that "bad things" could follow. He said negotiations were progressing but insisted Tehran must abandon enrichment and missile programs. The warning coincides with...
Russia warned of an unprecedented escalation around Iran as the United States completes a military buildup slated for mid‑March. A Russian corvette joined Iranian naval drills in the Gulf of Oman, underscoring Moscow’s support amid heightened US‑Iran tensions. Negotiations over...
Shell has launched a multi‑well offshore drilling campaign off Egypt using Stena Drilling’s sixth‑generation IceMax drillship. The first wells, Mina West development followed by Sirius and Velox exploration, are located in the Northeast El Amriya concession where Shell holds a...
Martin Midstream Partners reported a $14.7 million net loss for 2025, widening from a $5.2 million loss in 2024. The loss was driven primarily by $57.8 million in interest expense and higher SG&A costs, while adjusted EBITDA fell to $99 million for the year....
Viridi installed a 150‑kWh battery energy storage system at Erie County Sewer District No. 2 in Hamburg, New York, replacing a diesel backup generator. The BESS provides 32‑90 hours of power depending on pump demand, eliminating fuel use and cutting emissions. Real‑time...
Nigerian President Bola Tinubu and German Chancellor Friedrich Merz discussed reviving a stalled electricity transmission project with Siemens and the purchase of used German helicopters, highlighting deeper security and power cooperation. France’s audit office warned that the country must shift...
Neste and World Fuel Services have signed a five‑year extension to broaden the supply of Neste‑produced sustainable aviation fuel (SAF) across more than 100 airports in the UK and Europe. The agreement aligns World Fuel’s extensive distribution network with Neste’s...
