Energy
Oil, gas, power, renewables and the energy transition.
315 articles
Solar Eclipse Triggers €400+ Wholesale Power Spike in Germany
A partial solar eclipse will briefly push German wholesale electricity prices above €460/MWh on Wednesday evening, expos...
Japan Condemns Houthi Attacks on Saudi Oil Tankers and Civilians in Red Sea
Japan has strongly denounced Houthi attacks on Saudi crude tankers, oil facilities and civilian targets, warning of esca...
U.S. Oil Inventories to Stay Tight Through 2026 as Exports Surge, EIA Says
Strong crude exports, falling imports and high refinery runs will keep U.S. commercial crude stocks below seasonal norms...
European Gas Prices Dip to $716 as TTF Trading Remains Choppy
The front-month TTF contract fell 1.5% to $715.6 per thousand cubic metres on Tuesday, reversing an early gain, as trade...
Greece's Ageing Power Grid Triggered 75% of This Year's Wildfire Devastation
Preliminary fire service data shows sparks from outdated overhead cables are the dominant driver of catastrophic wildfir...
U.S. Strategic Oil Reserve Drops Below 300 Million Barrels for First Time in Over 40 Years
America’s emergency crude stockpile has fallen to 298.7 million barrels after massive releases ordered during the Iran c...
Oil Supermajors' Record Profits Spark Trump Backlash and Windfall Tax Debate
The five supermajors posted $48 billion in quarterly profit amid the U.S.-Iran conflict, prompting President Trump to de...
Egypt's Electricity Load Holds at 38.5 GW as Dabaa Nuclear Unit Hits Inner Containment Milestone
Stable power demand is met with over 3.8 bcf/d of gas and 12,000 tonnes of mazut, while the first nuclear unit's fourth ...
Oil Prices Surge Nearly 5% as Hormuz Opening Hopes Collapse Under Iran-US Demands
Brent and WTI crude jump more than 4 dollars a barrel after Iran ties any reopening of the Strait of Hormuz to lifting U...
Kazakhstan Reroutes Oil to Atyrau-Samara and China After CPC Terminal Attacks
Drone strikes on tankers at the Caspian Pipeline Consortium’s Black Sea terminal forced Kazakhstan to divert crude flows...
Oil Edges Higher After 5% Surge as Iran-US Standoff Keeps Hormuz Jitters Alive
Brent hovered near $87.8 a barrel in early Tuesday trading, adding to Monday’s sharp gains, as clashing demands between ...
Brent Oil Edges Higher as Iran Dampens Hopes of Quick Hormuz Reopening
Brent crude rose 1% to $84.39 after Iran said the Strait of Hormuz will only reopen once the U.S. meets conditions inclu...
Cameroon Moves to Nationalise Globeleq’s Kribi and Dibamba Power Plants
Yaoundé is negotiating to buy out the British group’s 56% stake in two key power stations for around $138 million, accel...
How Maui’s Water Utility Turned Storage Tanks into Solar Power Plants
A County of Maui water agency solved land scarcity and high pumping costs by installing ballasted solar arrays directly ...
CorPower Ocean earns world-first DNV certification for wave energy converter
The prototype certificate for the CorPower C4 device validates structural strength, reliability and storm survivability,...
How Visual Context Helps Energy Operators Turn Alerts into Actionable Insight
A single sensor reading rarely tells the full story. Energy firms are increasingly pairing SCADA data with live video to...
China Single-Handedly Balances Asia's Crude Oil Demand After Hormuz Closure
China's crude imports have dropped 4.2 million bpd, absorbing almost all of Asia's demand loss since the Iran conflict c...
Hydropower's Transformer Crisis: The 60-Month Bottleneck Threatening U.S. Fleet Modernization
As the U.S. hydropower fleet ages past 80 years, ballooning lead times and import dependence on large power transformers...
Oil Jumps Above $85 as Hormuz Reopening Pessimism Deepens
Brent closes at $87.72 and WTI at $82.13 after Houthi attacks and a US-Iran standoff fuel supply fears. Skepticism over ...
Michigan City Taps Budderfly and Schneider to Overhaul Energy Systems Without Taxpayer Money
The City of Cadillac is using an Energy-as-a-Service model to fund a $4.4m infrastructure upgrade, with savings covering...
Diesel Prices Surge 40% as War Disruptions Set Stage for Winter Crunch
Geopolitical disruptions in the Middle East and Ukraine are choking global diesel exports. With European inventories dow...
Brazilian Court Suspends 18 Oil and Gas Blocks After Environmental Challenge
A federal judge in Brazil has halted the offering of 18 exploration blocks across three basins, ruling that the governme...
India Bans Renewable Energy Projects Within 1km of Borders, Expands Security Vetting to 50km
New MHA guidelines prohibit solar, wind and hybrid energy projects in a 1km strip along the LoC, LAC and International B...
DOE Commits $100M to Train Critical Minerals Workforce, Aiming to Double Graduates
The PROSPECT initiative will fund scholarships and new programs to fill a projected 6,000-engineer gap in mining and mat...
ADNOC Gas Q2 Net Income Tops Guidance at $665 Million, Lifts 2030 Growth Target on Expansion Spree
ADNOC Gas posted net income of $665 million, beating the upper end of its own guidance, and raised its 2030 EBITDA growt...
EU Gas Reserves Plunge to 2009 Low as Ormuz Stranglehold and Russian Halt Bite
Europe’s gas storage levels have slumped to just 57% — the lowest August level since 2009 — as the blockade of the Strai...
Yucatán Breaks Ground on Mexico’s First Wind Farm Under Sheinbaum’s 2025 Energy Policy
The Tizimín II project marks the first private wind farm to move from permit to construction under Mexico’s newly opened...
Hormuz Crisis Drives Big Oil to Record $48B Profit as Diesel Soars
The Strait of Hormuz closure after the US-Iran conflict handed Exxon, Chevron, BP, Shell and TotalEnergies a combined $4...
Japan and Oman Pledge Joint Push to Restore Free Navigation in Strait of Hormuz
Prime Minister Takaichi and Sultan Haitham discuss the critical Iran situation, Oman’s mediation with Tehran, and the ne...
Nuclear Energy’s Contested Place in the Push for Sustainable Power
Nuclear power supplies around 10% of global electricity and produces no direct carbon emissions, but uranium supply conc...