Energy
Oil, gas, power, renewables and the energy transition.
354 articles
MOL Demands $400M Carbon Tax Refund from Hungary After EU Court Ruling
Hungary's MOL seeks 133 billion forints in retroactive carbon tax refunds after the EU Court of Justice ruled the levy i...
Potsdam's Ambitious Plan to Harness Geothermal Energy
Potsdam, a city in Brandenburg, Germany, is drilling over a kilometer into the earth to tap into geothermal energy, aimi...
Qatar Turns to Cheniere for U.S. LNG as Iran War Reshapes Global Gas Trade
QatarEnergy's 4 mtpa deal with Cheniere through 2054 marks a historic reversal: the world's former No. 2 LNG exporter is...
Grüüün's Abrupt Exit Leaves 200,000 Customers Facing Higher Bills as Regulator Investigates
German energy provider Grüüün will stop supplying 200,000 customers by 31 October 2026, but failed to notify the Federal...
European Gas Prices Reach Multi-Year High Amid Geopolitical Tensions
European gas prices have surged to their highest level since 2022, driven by attacks on oil tankers in the Strait of Hor...
Shell Rotella Unveils Next-Gen Heavy-Duty Engine Oils Ahead of API CL-4 and FB-4
Shell Rotella announced upgraded heavy-duty engine oils in Houston, designed for the upcoming API CL-4 and FB-4 specific...
Russia's Oil Supply to US Fails to Bring Down Prices
The US government's partial easing of sanctions on Russia and increased oil supply has failed to bring down soaring oil ...
European Gas Prices Surge 3% Amid Ongoing Conflict
European gas prices jumped 3% on Friday, driven by the ongoing conflict in the Middle East. The price surge has been a p...
Grenland Dismisses Trump's Claims of Rapid Oil and Gas Exploration
Grenland's mining official downplays Trump's claims of imminent large-scale oil and gas exploration, citing known obstac...
Oil Prices Slip as Gulf Supply Fears Ease and IEA Cuts Demand Outlook
Brent crude fell 1.5% to $104.40 a barrel as investors unwound part of the geopolitical risk premium tied to Houthi atta...
Trump's Alaska LNG Push Lands Only Taiwan as Seoul and Tokyo Balk
Taiwan has confirmed plans to invest up to $4.4bn in Alaska's LNG pipeline and terminal and buy 6m tonnes a year, but So...
France Accelerates Nuclear Energy Development with New Legislation
The French government has introduced new legislation to accelerate the development of nuclear energy in the country, inc...
Russia's Fuel Price Surge Cools: Petrol Up Just 0.01%, Diesel Slips 0.04%
Russian pump prices barely moved in the week to October 12, with petrol up 0.01% and diesel down 0.04% — but year-to-dat...
Australia's Gas Reserve Plan Seeks to Counter Chinese Dominance, Lower Prices
Australian Resources Minister Madeleine King introduced a gas market reform plan to parliament, aiming to deliberately o...
UK Leader Faces Crucial Test on North Sea Oil Drilling Decision
British Prime Minister Andy Burnham is set to make a key decision on whether to allow oil and gas drilling in the North ...
Egypt's Energy Minister Highlights Importance of Regional Cooperation for Secure Energy Supplies
Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, has emphasized the need for regional cooperation to...
Google's Energy Shift: Michael Terrell Departs, AI Boom Fuels Infrastructure Hurdles
Google's Head of Advanced Energy, Michael Terrell, leaves the company after 19 years, while the AI boom fuels infrastruc...
Oil Prices Surge 5% Amid Fears of New US Attacks on Iran
Oil prices have jumped 5% as concerns grow over potential new US attacks on Iran, which could disrupt global oil supplie...
Montepuez Ruby Mining Doubles Semiannual Revenue to $76.1 Million
Montepuez Ruby Mining, the world's largest ruby producer, reported semiannual revenue of $76.1 million, nearly double th...
Fire Near Aramco Riyadh Facility Unclaimed as Saudi-Houthi Hostilities Intensify
Smoke and flames were reported near an Aramco site in Riyadh with no confirmed cause, no claim of responsibility and no ...
WTI Oil Price Volatility Continues as Gulf Supply Improves and Middle East Risk Returns
WTI oil prices are caught between improving Gulf crude exports and persistent fuel shortages intensified by renewed Midd...
Mitsubishi Power's CEO on Why Gas and Renewables Can Coexist in the Energy Transition
Mitsubishi Power's CEO, Javier Cavada, shares his vision for a future where gas and renewables work together to achieve ...
Ampol Buys Evie Networks for $225m to Build Australia's Largest EV Charging Network
Ampol's $225m acquisition of Evie Networks would add over 1,030 charging bays and create roughly 1,425 EV bays nationwid...
Kazakhstan Exports Gas but Imports Urea: A Fertilizer Opportunity It Can't Ignore
Long-term food demand, domestic gas and regional transport routes give Kazakhstan a window in ammonia and urea productio...
White House Diesel Export Ban Talk Sinks ULSD Futures and Boosts Gasoline
CME diesel futures fell to their lowest settlement since September 8 while RBOB gasoline jumped after President Trump si...
South Korea's First US Investment Is a $22.3 Billion Texas Gas Bet With No Customers
Seoul selected a 6.3GW Encinal gas complex as the first deployment of its $350 billion US pledge, but there is no PPA, n...
Gulf of Oman Ship-to-Ship Oil Transfers Hit Record 7.2m b/d as Saudi Exports Reroute
Record STS transfer volumes of 7.2m b/d and VLCC rates above $1m/day show Middle East tanker trade rerouting after Saudi...
Trump Presses Zelensky to Halt Russian Refinery Strikes Over Diesel Price Fears
The US president reportedly tied Ukraine's attacks on Russian oil plants to higher global diesel prices; the two leaders...
Why US Energy Affordability Now Depends on Permitting Reform
A new energy snapshot ties America's high household energy costs to slow federal permitting for pipelines and transmissi...
USDA Opens $175 Million Financing Window for Rural Nuclear and Transmission Projects
Rural electric cooperatives can apply for USDA loans and grants to finance nuclear generation, power purchase agreements...