Energy News and Headlines
Energy News and Headlines
Energy Pulse
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EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
Saudi Aramco is close to awarding two major offshore tenders, CRPO 154 and 155, for the Safaniya field expansion, with a combined value of about $600 million. Italian contractor Saipem has emerged as the frontrunner for these contracts and already secured CRPO 156, a $500 million package. The Safaniya field, the world’s largest offshore oil field, produces roughly 1.2 million barrels per day. Aramco’s offshore EPCI spending topped $11 billion last year, underscoring a vigorous upstream investment cycle.
India’s electricity consumption in March 2026 rose modestly by 1.8% to 149.56 billion units, driven by unseasonal rains that kept temperatures low. Peak power demand reached 238.37 GW, a slight increase from February’s 235.22 GW. The all‑time high of 250 GW recorded in May...
Eric Nuttall, senior partner at Ninepoint Partners, warned that the United States could face oil shortages within weeks if the war involving the U.S., Israel and Iran keeps the Strait of Hormuz closed. The conflict has already removed more than...
Germany’s 2025 grid‑congestion report shows that total management measures held steady at roughly 30,300 GWh, while overall costs edged up about 4% to $3.38 billion. Quarterly data reveal a 9% drop in Q4 measure volume and an 18% cost decline, driven by...
Juwi commissioned two new Vestas V162 turbines at the Minfeld wind farm, each rated at 6 MW, replacing four 1.5 MW units from 2004. The repowering boosts annual generation to roughly 30 GWh—enough for about 10,000 households—and lifts output by a factor of...
Indonesia’s government has rolled out emergency measures to curb a worsening energy crisis, including a push for remote work, reduced subsidies and scaling back free school meals to conserve fiscal resources. Economists and business groups warn that these austerity steps...
Texas has launched a $350 million advanced nuclear grant program, split between a $70 million project‑development fund and a $280 million construction fund, to accelerate reactor build‑out and supply‑chain capacity. Applications are due April 23 for intent and May 14 for full proposals, with awards...
Solar installations in the United States fell 22% in 2025, dropping to 26.5 GW from 33.8 GW the prior year, according to FERC data. Despite the decline, solar still led all generation sources, representing 12.2% of installed capacity behind natural gas and...
The European Commission proposed adjusting the EU Emissions Trading System to stop automatically cancelling excess permits, instead keeping them in a special reserve as a price‑volatility buffer. The move follows pressure from member states, notably Italy, as soaring energy costs...
Thailand is seeking additional LNG supplies from Malaysia to offset disruptions caused by the Middle East conflict, which currently provides about 5%‑10% of its imports. The country receives two to three LNG vessels from the region each month, and officials...
Argentina’s government postponed a one‑month increase in fuel and carbon‑dioxide taxes to the end of April, aiming to blunt global price pressures sparked by the Iran war. Russia rejected Ukraine’s proposal for an Easter cease‑fire on energy infrastructure, calling it...
President Trump’s decision to launch a war against Iran has led Iran to block the Strait of Hormuz, cutting roughly 30% of the world’s oil flow. The closure, combined with possible Red Sea blockades, has driven oil and jet‑fuel prices...
DEE Development Engineers Ltd received a revised tariff of ₹5.224 per kWh (≈$0.06) for its 6 MW Malwa biomass plant in Punjab, a 49% increase effective for ten years. The higher rate is expected to lift FY26 profit before tax by...
A new study of 33,131 German news articles shows heat pumps are generally portrayed positively, yet public sentiment is volatile. Sentiment dipped sharply after the 2022 Russian gas cut and again during the early‑2023 debate over Germany’s heating law (GEG)....
The Energy Storage Summit 2026 hosted a panel titled “Life After MACSE: The Green Light for BESS Investors” to examine Italy’s grid‑scale battery market now that the long‑awaited MACSE auction has concluded. Speakers from Ikigai Capital, Enel Green Power, Sphera Energy, Greenvolt Power...
GeoPura and Forth Ports have signed a 10‑year agreement to build a commercial‑scale green hydrogen plant at the Port of Tilbury. The initial 1 MW electrolyser, powered by rooftop solar, will start construction this year, backed by a £2 million ($2.5 million) seed...
A new analysis by Lawrence Berkeley National Laboratory and The Brattle Group finds that investor‑owned utilities requested $18 billion in rate increases last year, with roughly two‑thirds approved, signaling further retail electricity price hikes. From 2019 to 2025, residential electricity rates...
The International Energy Agency warned that oil supply disruptions from the Middle East will intensify in April as the Strait of Hormuz remains closed, cutting off more than 12 million barrels per day. The loss is projected to be twice March’s...
Subsea7 has been awarded a substantial subsea installation contract by Noble Energy, a Chevron affiliate, for the Aseng gas monetisation project offshore Equatorial Guinea. The contract, valued between $150 million and $300 million, covers a single‑well tie‑back that will connect the Aseng...
New OECD research finds that while most advanced economies have legally liberalised electricity and natural‑gas markets, significant regulatory gaps still hinder true competition. About 10 % of electricity and 16 % of gas markets retain only accounting separation, limiting access for rival...
EnerVenue closed a $300 million Series B extension led by Full Vision Capital, adding a new investor to the round. The funding will finance rapid expansion of its high‑volume nickel‑hydrogen battery plant in Changzhou, China, and accelerate supply‑chain development. The company also...
The escalating war with Iran is destabilizing Middle‑East oil supplies, prompting global buyers to seek alternatives. African basins—particularly offshore Namibia, Ghana, and Nigeria—are attracting heightened investor attention thanks to favorable geology and lower‑cost drilling technologies. New seismic imaging and digital‑oilfield...
India’s major oil refiners, long buoyed by cheap Russian crude, are now grappling with tighter supply and falling margins as the Gulf war disrupts the Strait of Hormuz. The closure of this key shipping lane has choked the flow of...
President Donald Trump told the nation the U.S. could wrap up its Iran offensive within two to three weeks and urged oil‑dependent allies to assume responsibility for keeping the Strait of Hormuz open. He expressed frustration that partners were not...
China's Cosmx, the world’s second‑largest smartphone battery‑pack supplier, has formed a joint venture with Chennai‑based Munoth Industries to source lithium‑ion cells in India. Cosmx will acquire a 26% stake in Munoth’s newly approved cell‑manufacturing facility and begin sourcing cells for...
Quebec has broken ground on the Des Neiges wind farm, a C$3 bn ($2.1 bn) joint venture between Hydro‑Québec, Boralex and Énergir Développement. The first two phases will install 114 turbines, delivering 800 MW—enough for roughly 140,000 homes—and are slated for completion in 2027...
India’s Numaligarh Refinery logged a record 3.113 million metric tonnes of crude processed in FY26, operating at 103% of its 3 MMTPA rated capacity for the second year running. The refinery’s LPG output jumped 22% in March, while motor‑spirit production also hit...
PECO Energy, an Exelon subsidiary, has filed a request with the Pennsylvania Public Utilities Commission for a $429 million rate increase that would lift its revenue by roughly 11%. The utility proposes to spread the cost of vegetation‑management and energy‑efficiency programs,...
The study introduces a plasma‑assisted hydrothermal (PAHT) method that produces alkali‑metal and water co‑intercalated V₂O₅ cathodes in just 70 minutes. The resulting K‑WiVO material delivers a record 527 mAh g⁻¹ at 0.1 A g⁻¹ and maintains 94.5% of its capacity after 4,000 high‑rate cycles. Dual‑phase...
The New York Power Authority (NYPA) will finance the 5‑MW Hannacroix Solar project in Greene County, aiming to fast‑track its development before federal solar tax credits expire. The project will feed into NYPA’s REACH program, delivering bill credits to low‑income...
Researchers engineered a Pt‑Ni alloy interfaced with NiIn‑based oxides to create a low‑work‑function junction that promotes hydrogen spillover. The catalyst delivers exceptional hydrogen evolution activity with only 1.6 wt % platinum, achieving a 13 mV overpotential at 10 mA cm⁻² and stable operation for over...
The oil and gas sector is increasingly investing in petrochemical plants to produce far more plastic, with companies like ExxonMobil and Shell targeting a 40% rise in U.S. output. Production has surged from roughly 2 million metric tons in the 1950s...
The European Commission cleared Italy’s €6 billion ($6.96 billion) state‑aid scheme aimed at producing 200,000 metric tons of renewable hydrogen annually through 2029. The program uses two‑way contracts for difference, setting a strike price via competitive bidding to bridge the cost gap between green...
Antero Resources, a leading natural‑gas producer operating in the Marcellus and Utica shales, posted Q4 revenue up 21% to $1.41 billion, though earnings per share fell 26% to $0.43. Analysts anticipate a sharp earnings rebound, forecasting 48% growth in Q1 and...
Solar Fabrik unveiled the Mono S4 Halfcut Chroma Orange, a 400‑watt red‑brown glass‑glass PV module tailored for heritage roofs. The panel delivers 20.02% efficiency using bifacial n‑type TOPCon half‑cells and meets strict aesthetic standards by matching traditional red tiles (RAL 8004)....
Rain Industries Ltd.’s shares jumped 7.9% after its subsidiary, Rain Carbon Canada, completed a pilot to produce battery‑grade coated spherical purified graphite (CSPG) for EV batteries. The joint project with Green Graphite Technologies was partially funded by the Ontario government,...
Ember’s latest report warns that Europe faces a 104 GW grid‑capacity shortfall that could cripple utility‑scale solar and wind projects. More than two‑thirds of the 158 GW of renewables slated for 2030 may never connect, while nearly 700 GW of projects sit in...
SolarPower Europe reports that EU solar generation has saved roughly $127.5 million each day since the Middle East conflict began. In March, cumulative savings reached about $4.36 billion, offsetting an estimated $2.2 billion in gas‑fuel costs. The analysis projects total 2026 benefits could...
NTPC’s 2,000 MW Simhadri super‑thermal plant in Andhra Pradesh has achieved more than 100 percent ash utilization for the ninth consecutive year, underscoring its resource‑efficiency drive. In FY 2025‑26 the plant generated 11,136 million units of electricity with a 64.27 % plant load factor, while...
The 40th anniversary of the Chernobyl disaster highlights that the site remains an active decommissioning complex rather than a static memorial. Ukraine is transferring spent fuel to the world’s largest dry storage facility and preparing to dismantle the original sarcophagus...
Japanese solar‑cell maker Toyo reported FY 2025 revenue of $427.4 million, a 142% jump year‑on‑year, driven by a $241.6 million surge in cell sales and a modest $7.6 million lift in module revenue. The firm shipped 4.5 GW of cells and 249 MW of modules, surpassing...
The power sector is grappling with multi‑year lead times for essential hardware such as large transformers, high‑voltage switchgear, and gas‑turbine components. Rotor forgings and hot‑section blades have emerged as the most acute bottlenecks, while rising demand from data‑center expansions intensifies...
A February 2026 Eurelectric report warns that Europe’s electricity grid is already a hybrid‑war target, combining physical sabotage, cyber‑attacks and maritime threats, yet most utilities remain under‑prepared. The study cites over 1,000 attacks on Ukrainian energy assets, costly subsea cable cuts...
Ameren Illinois and Missouri are hardening their grid by installing fiber‑reinforced polymer (FRP) composite poles every fifth pole on high‑risk lines. The staggered mix of wood and TridentStrong FRP poles, now over 10,000 in service, has withstood more than a...
Inox Clean Energy has completed the acquisition of Vibrant Energy for an enterprise value of roughly ₹5,000 crore (about $600 million), adding a 1,337 MW renewable portfolio spanning five Indian states. The deal closed in a record four months despite a volatile global...
Jammu’s Chief Minister Omar Abdullah announced that a Union Territory subsidy of ₹3.80 crore (approximately $458,000) has been disbursed to 4,288 residential consumers under the PM Surya Ghar‑Muft Bijli Yojana. The payout includes ₹1.80 crore for 2,053 Kashmir Power Distribution Company customers and ₹2 crore for 2,235...
ScottishPower announced a $77 million-plus fabrication programme for the steel jacket foundations of its East Anglia TWO offshore wind substation, to be built at Smulders' River Tyne yard. The $5.1 billion, 4‑GW project off Suffolk will generate enough electricity for roughly one million...
Germany’s Federal Network Agency announced it will publish the first framework for future electricity network fees in late May or early June 2026. The guidance will outline how fees apply to battery energy storage systems (BESS) and interact with flexible...
Johns Hopkins University’s Office of Climate and Sustainability unveiled its 2025 Sustainability Progress Report, showcasing a suite of research breakthroughs and operational gains. Faculty teams led by Susanna Thon and Sara Thoi are pioneering photobatteries and spray‑paintable quantum‑dot solar cells...
France’s Association Environnement Juste has urged the government to mandate on‑site energy storage for any renewable project larger than 10 kW, aiming to embed flexibility directly at the source. The proposal highlights sodium‑ion batteries as a cost‑effective, metal‑independent solution, with cell...
