Beetaloo Locks in $66.3M to Fast-Track to First NT Gas
Beetaloo Energy Australia secured a A$66.3 million (≈US$44 million) capital raise and expanded its A$45 million (≈US$30 million) mid‑stream facility, positioning the company to deliver its first pilot gas from the Carpentaria project by Q4 2026. A follow‑on share plan targets an additional A$5 million (≈US$3 million) and the raise includes a A$10.4 million (≈US$7 million) investment in a local frac‑sand operation to slash input costs by roughly 90%. The funding arrives as total investment in the Beetaloo Basin approaches A$1 billion (≈US$660 million), underscoring a rapid escalation of exploration and development activity in Australia’s emerging on‑shore gas province.
Adani Power, Tata Power to Jaiprakash Power: Why Are Power Stocks Rising Despite the Stock Market Crash?
Power stocks in India are climbing as summer approaches, boosting electricity demand. Companies like Adani Power, Tata Power and Jaiprakash Power are posting notable gains, driven by expectations of higher consumption. The rally occurs despite a broader market decline caused...
Pure/AVK Self-Powered Dublin Datacentre Dodges Grid Constraints
Pure Data Centres (PureDC) and AVK‑SEG have finished Europe’s first microgrid‑powered datacentre in Dublin, supplying 54 MW from a hybrid LNG and sustainably sourced hydrotreated vegetable oil (HVO) system. The site achieved 100 % decarbonisation of its natural‑gas use in 2025 by...
“100 Pct Renewable, 74 Pct of the Time:” How Australia’s Most Advanced Grid Plans to Be an Energy Powerhouse
ElectraNet chief Simon Emms announced a plan to expand South Australia’s transmission network to 25 GW, supporting a projected peak demand rise from 3.3 GW to over 6.5 GW within 15 years. The state already averages 74 % renewable generation and hits 100 % renewable...
ACME Solar Share Price Jumps 7% After HSBC Assigns ‘Buy’ Call, Sees up to 30% Upside Potential
ACME Solar Holdings shares jumped nearly 7% after HSBC launched coverage with a Buy rating and a target price of ₹350 (≈ $4.2), implying about 30% upside. HSBC highlighted that the company currently runs roughly 3 GW of solar capacity and has...
ADX Energy Eyes Near-Term Drilling Catalyst with HOCH-1 Shallow Gas Well Mobilisation Underway
ADX Energy (ASX:ADX) has begun mobilising the HOCH-1 shallow‑gas well in Upper Austria, targeting the Miocene Hall formation. The well is slated to spud on April 16, 2026 and is the first of three shallow‑gas wells planned for the year. Prospective...
Department of Energy’s Tech Incubator Doubles Down on Fusion Power
The Department of Energy’s Advanced Research Projects Agency‑Energy (ARPA‑E) announced a $135 million infusion for fusion research over the next 18 months, matching the total it has spent on the technology in the past 12 years. The funding aims to accelerate...
Why Trump’s Latest Threat Could Turn a Crisis Into an Emergency
President Donald Trump announced that the U.S. Navy could block vessels from Iranian ports in the Strait of Hormuz, reviving a high‑risk escalation in a six‑week conflict. The threat sent Brent crude futures up roughly 8%, to $102.80 a barrel,...
Thai Developer Sends New Big Battery Project to EPBC as Storage Takes Centre Stage in Old Coal Country
Banpu Energy Australia, a coal‑mining offshoot, has lodged its largest ever battery project—a 500 MW, two‑hour Pinecrest storage facility—with the federal EPBC review, marking its first such referral. The site sits adjacent to the 1,430 MW Mt Piper coal plant and the decommissioned...
HPCL, BPCL and IOCL Shares Slide up to 4% as Crude Oil Reclaims $100. Where Are Prices Headed?
Crude oil prices rebounded 8% on Monday, climbing back above $100 per barrel after the U.S. Navy announced a blockade of the Strait of Hormuz, limiting Iranian exports. The surge sent Indian fuel‑retailer stocks—HPCL, BPCL and IOCL—down 3‑4%, with HPCL...
Oil Prices Surge Above $100 After Peace Talks Fail and Trump Threatens Blockade
Oil prices surged above $100 per barrel after U.S.-Iran peace talks collapsed and President Trump announced plans to blockade the Strait of Hormuz. The announcement triggered a sell‑off in equities as investors priced in heightened geopolitical risk. Trump’s threat mirrors...
Despite Subsidies, Diesel Price Is Affecting Malaysian Hauliers – Credit Limits Are Being Exhausted Earlier
Malaysian hauliers are feeling the strain of a sharp diesel price surge, which climbed from RM3.12 (≈$0.69) per litre in early March to RM6.72 (≈$1.48) per litre this week. Although the government’s fuel subsidy cushions end‑consumer prices, credit limits with...
Zen Says Sale Talks Progressing Well, All Parties “Deeply and Strategically Aligned” On Renewables
Zen Energy, the Adelaide‑based gentailer focused on baseload renewables, says it is deep into sale negotiations with a preferred strategic buyer, amid reports that Swiss trader Gunvor Group is the exclusive contender. The company disclosed a $133.6 million AUD (≈$88 million USD)...
Malaysia Seizes US$1.37 Million Worth of Diesel in Illegal Fuel Transfer Off Penang
Malaysia’s Maritime Enforcement Agency (MMEA) detained two tankers off Penang after an intelligence tip revealed an illegal ship‑to‑ship transfer of roughly 700,000 litres of Euro 5 diesel. Authorities seized about 800,000 litres in total, valued at approximately US$1.37 million, and arrested 22 crew members...
Diesel Export Tax Hike May Align Prices of State OMCs, Private Comapnies
India raised its diesel export duty to $95 per barrel, up from $37, prompting a sharp narrowing of the pricing gap between state‑run oil marketing companies (OMCs) and private refiners. OMCs, which dominate about 90% of the domestic fuel retail...
GUSH: Immediate Uncertainty And Conflict Risks Dominate
The Direxion Daily S&P Oil & Gas Exploration & Production 2X ETF (GUSH) provides leveraged exposure to the E&P sector, but its daily reset makes it suitable only for short‑term trades. Recent collapse of cease‑fire talks and a U.S.-backed blockade...
Central Petroleum Signs Major Gas Deal for Palm Valley Expansion
Central Petroleum (ASX: CTP) has signed a multi‑year gas sales agreement with the Northern Territory Government, securing up to 21 PJ of gas – 10.5 PJ of Central’s share – through 2034. The deal underwrites the final investment decision for two new...
Asian LNG Prices Set to Rise as US Threatens to Block Hormuz
Asian spot liquefied natural gas (LNG) prices are poised to climb after the United States announced a naval blockade of all vessels entering and leaving Iranian ports. The move follows stalled peace talks between Washington and Tehran and targets only...
NSW Planners Approve Foresight’s 150MWh BESS; Banpu Submits 1GWh Development to Australia’s EPBC Act
The NSW Independent Planning Commission approved Foresight Group Australia's 75 MW/150 MWh Hume North battery near Albury, a AU$120 million (≈US$84 million) project slated to start construction in early 2026. The facility will connect to the Transgrid 132 kV line and create up to 50...
Govt Backs Approvals Process for WA Green Ammonia Project
The Australian Treasury has added the Murchison Green Hydrogen project in Western Australia to its Front Door program, a fast‑track initiative that streamlines regulatory approvals and links developers to financing. The project, backed by Copenhagen Infrastructure Partners, will combine 1,200 MW...
Trump’s Hormuz Blockade Risks Piling Pain on Asia Allies, China
President Donald Trump announced a naval blockade of the Strait of Hormuz, restricting vessels entering or leaving Iranian ports starting 10 am NY time on April 13. The move sent Brent crude up 8.6% to over $103 a barrel and spiked European gas...
A New Ad Campaign Is Pushing Australians to Use Less Petrol. Has This Happened Before?
The Australian federal government has launched the "every little bit helps" ad campaign urging drivers to cut fuel consumption amid a global oil crisis and volatile Middle East supply routes. The initiative follows Prime Minister Anthony Albanese’s Singapore trip that...
How Govt Policy Initiatives to Impact Shares of EV Makers, Oil Exporters
India’s Finance Ministry raised the windfall tax on export‑bound diesel by 158% to ₹55.5 per litre (about $0.67) and on aviation turbine fuel by 42% to ₹42 per litre (about $0.51), effective immediately. The hike follows a March 26 re‑imposition...
U.S. LNG Exports Soar to Record Levels
U.S. liquefied natural gas (LNG) exports surged to a record 11.7 million metric tons in March 2026, driven by panic buying after missile and drone attacks on Qatar’s Ras Laffan Industrial City. Louisiana’s export terminals handled 1.8 million more tons than a year...
The Floating Offshore Wind Catastrophe
The California Coastal Commission released a report titled “Statewide Strategy for the Coexistence of California Fishing Communities and Offshore Wind Energy.” The document provides a guiding framework to align proposed floating offshore wind projects with Coastal Act policies while protecting...
Could EVs Hit 50% in Europe?
A draft EU regulation requiring large companies to electrify their vehicle fleets could generate about 2 million additional electric‑vehicle registrations by 2030, covering 57% of the sales volume automakers need to meet EU CO₂ targets. If the Commission leaves the proposal...
Why Gasoline Prices Don't Fall as Quickly as Crude
U.S. gasoline prices remain elevated despite recent softening in crude oil markets. Drivers across the country are paying around $5 per gallon, with California often exceeding $6. The lag is driven by refinery margins, seasonal demand, and logistical constraints. Even...
Government Rolls Out $20m ‘Every Little Bit Helps’ Fuel-Saving Campaign
Australia's federal government has unveiled a $20 million AUD (≈$13 million USD) “Every little bit helps” fuel‑saving campaign, the second phase of its four‑stage National Fuel Security Plan. The multi‑channel effort, managed by UM, includes TV, radio, print, digital and outdoor ads...
IMF Director Says Shock From US-Iran War Is Already 'Baked' Into the Economy
International Monetary Fund Managing Director Kristalina Georgieva told CBS that the economic fallout from the U.S.-Iran war is already "baked" into global markets. She highlighted disruptions to oil tankers, Gulf energy infrastructure and attacks on Qatari gas fields as sources...
“Not Economically Viable:” Global Funds Giant Drops Plans for Solar Farm, to Build Bigger Battery Instead
Revera Energy, a Carlyle‑controlled offshoot, has scrapped its planned 500 MW solar farm near Robertstown, South Australia, and will instead focus on a 500 MW, 2,000 MWh battery at the same site. The company cites the current lack of economic viability for new...
U.S. Loans 8.5 MMbbl From SPR in Second Release Amid Iran War
The U.S. Department of Energy has loaned 8.48 million barrels of crude from the Strategic Petroleum Reserve to Gunvor USA, Phillips 66, Trafigura Trading and Macquarie Commodities Trading, marking the second emergency release aimed at cushioning oil markets amid the Iran conflict....
TotalEnergies Targets Production Growth with Major Africa Projects, LNG Restart
TotalEnergies is positioning Africa as the engine of its production growth, with half of its operated output and the largest share of exploration spend coming from the continent. The company will spend $500 million in 2025 to drill additional wells in...
Envirotech Vehicles Inc (EVTV) Q4 2025 Earnings Call Transcript
EVgo reported a strong fourth quarter and full‑year 2025, delivering $384 million in revenue, a 50% year‑over‑year increase, and achieving adjusted EBITDA breakeven for the first time with $12 million for the year. The company expanded its network to 5,100 stalls, boosting...
Pegatron Head Calls for a Change in Energy Policy
Pegatron chairman Tung Tzu‑hsien urged Taiwan to use the global energy crisis as a catalyst to cut fossil‑fuel reliance by 20% by 2030, positioning liquefied natural gas (LNG) as a backup rather than a primary source. He highlighted that Taiwan’s...
How AEM's 'Rare-Earth-Free' Tech Aims to De-Risk EV Supply Chains
Advanced Electric Machines (AEM) has moved its rare‑earth‑free electric‑motor technology from the lab to commercial pilots, promising EV manufacturers a path away from neodymium‑based magnets. The design replaces rare‑earth materials with copper windings and optimized iron cores while maintaining comparable...
Powering Australia’s Next Phase of Decarbonisation: Why Long-Duration Storage Must Lead
Western Australia has launched an expression of interest for a 500 MWh vanadium redox flow battery (VRFB) project, positioning long‑duration storage at the heart of its decarbonisation agenda. CEO James Costello of EORA Energy argues that VRFBs, with discharge times exceeding...
Hormuz Blockade, Australia Acts to Secure Urea
After US‑Iran peace talks collapsed, President Trump announced a full naval blockade of the Strait of Hormuz, heightening fears of oil and commodity disruptions. In response, Australia created a government‑industry working group to protect its urea supply, noting that roughly...
Price Tracker: Oil, Fuel Monitor for Apr. 13
The Philippine Department of Energy announced a sharp rollback of retail fuel prices for the week of April 14‑20, 2026. Diesel is set to fall by ₱20.89 per litre (about $0.38), gasoline by ₱4.43 ($0.08) and kerosene by ₱8.50 ($0.15)....
Psalm Enters Talks for Agus-Pulangi Rehabilitation
Power Sector Assets and Liabilities Management Corp (PSALM) is negotiating with one of four bidders to rehabilitate the aging Agus‑Pulangi hydropower complex. The project, initially budgeted at about $350 million, aims to restore the facility’s full 1,000 MW capacity, up from the...
Oil Prices Rise After the US Says It Would Block Iranian Ports
The United States announced a blockade of Iranian ports starting Monday, sending U.S. crude up 8% to $104.24 per barrel and Brent 7% to $102.29. The move follows Iran’s control of the Strait of Hormuz, a chokepoint for roughly 20%...
Stock-Market Futures Drop, Oil Surges Above $100 After Failed Talks Betwe...
U.S. and Iran failed to reach an agreement over the Strait of Hormuz, prompting President Donald Trump to threaten a naval blockade. Oil prices rebounded above $100 per barrel as the geopolitical risk premium widened. Futures on the Dow, S&P 500...
Trump Says Petrol Prices May Remain High Through November Midterm Election
President Donald Trump warned that U.S. gasoline prices, which have been above $4 per gallon in April, could stay elevated through the November midterm elections. He announced a U.S. Navy blockade of the Strait of Hormuz to deter ships paying...
Zero-Emission Drone News From Ukraine: Flying Fuel Cells & Green Hydrogen
Ukraine’s drone maker Skyeton has moved its Raybird reconnaissance UAV from gasoline power to a hydrogen‑fuel‑cell hybrid, achieving combat‑ready flights of over 10 hours. The hybrid system operates across a –35 °C to +55 °C temperature span, matching the internal‑combustion version while...
A Major U.S. Gasoline Production Hub Is in Such a Severe Drought that Its Refineries May Be Hobbled. ‘We Are...
A prolonged seven‑year drought has driven Corpus Christi’s water reservoirs to historic lows, threatening both residential supply and the city’s oil‑refining complex that produces about 5% of U.S. gasoline. City officials warn that without significant rain or new water sources,...
Live: Markets on Edge, Oil Set to Rise on US Gulf Blockade Threats
Wall Street’s brief relief rally stalled on Friday as US‑Iran peace talks collapsed, leaving the S&P 500 down 0.1%, the Dow down 0.6% and the Nasdaq up 0.4%. European markets outperformed, with the Eurostoxx 600 gaining 0.4% and Japan’s index rising over...
How the Iran War Is Disrupting Gulf Economies: 5 Key Effects
The Iran‑U.S./Israel war has effectively shut the Strait of Hormuz, cutting global oil flows by roughly 8 million barrels per day and driving war‑risk insurance premiums up to 1,000 %. Gulf Cooperation Council economies are confronting steep GDP declines—up to 14 % in...
Your Say: Week Beginning April 13
A reader points out that Australia’s 15.7 million passenger‑vehicle fleet dwarfs the modest goal of 120,000 new electric‑vehicle (EV) sales per year over the next six years. Even a rapid uptake would barely dent the overall fleet, prompting a call for...
Saudi Arabia Gets More Oil Flowing as US Blocks Strait of Hormuz. What You Need to Know About Iran Today
US President Donald Trump announced a unilateral blockade of the Strait of Hormuz after Iran refused nuclear assurances in talks held in Islamabad. The move comes as Saudi Arabia’s East‑West pipeline, damaged earlier by an Iranian strike, has returned to...
Mookhey Quietly Orders Stocktake of NSW Council Fuel Supplies
New South Wales Treasurer Daniel Mookhey has initiated a soft audit of diesel fuel reserves held by state councils. The move comes as councils grapple with rising diesel costs and supply uncertainty that threaten essential services such as waste collection....
Trump Humiliated as Key U.S. Ally Bails on His New War Plan
President Donald Trump announced a unilateral blockade of the Strait of Hormuz, demanding NATO allies help reopen the vital waterway after Iran mined it. The United Kingdom publicly refused to commit naval or aerial assets, contradicting Trump’s claim that allies...