Oil majors' cash flow surges to $90bn, reigniting debate over spending priorities
Energy

Oil majors' cash flow surges to $90bn, reigniting debate over spending priorities

Record Q2 2026 cash flows at the world's largest oil companies have sparked a battle over whether the windfall should go...

Aoife Keane 👁 27 💬 0
Portugal to Build Waste-to-Energy Plant as Algarve Landfills Hit Limit
Energy

Portugal to Build Waste-to-Energy Plant as Algarve Landfills Hit Limit

The Portuguese Environment Agency will launch a tender on October 15 to study a waste-to-energy facility for the Algarve...

Aoife Keane 👁 31 💬 0
Trump Rules Out Force, Bets on Economic Squeeze as Hormuz Deadlock Rattles Oil Markets
Energy

Trump Rules Out Force, Bets on Economic Squeeze as Hormuz Deadlock Rattles Oil Markets

US President signals a quieter approach on Iran, highlighting sanctions-driven inflation and currency collapse, while th...

Aoife Keane 👁 26 💬 0
Greenland Warns Trump-Linked Oil Firm Over Unauthorized Drilling Prep Amid Annexation Threats
Energy

Greenland Warns Trump-Linked Oil Firm Over Unauthorized Drilling Prep Amid Annexation Threats

A Texas-based oil company with ties to Donald Trump has moved drilling equipment to Greenland without local approval, dr...

Aoife Keane 👁 26 💬 0
Fire Quelled at Aramco’s Jazan Refinery; Houthi Shadow Grows
Energy

Fire Quelled at Aramco’s Jazan Refinery; Houthi Shadow Grows

Saudi Arabia extinguished a fire at its 400,000 bpd Jazan refinery without disclosing damage, while Houthi attacks on Sa...

Aoife Keane 👁 29 💬 0
Amazon Confirms Massive Gas Plant for Texas Data Centers — Emissions Nearly 10% of France’s Annual CO2
Energy

Amazon Confirms Massive Gas Plant for Texas Data Centers — Emissions Nearly 10% of France’s Annual CO2

Amazon will build a 7.65 GW gas-fired power plant in Texas to directly supply its data centers, bypassing the grid. The ...

Aoife Keane 👁 39 💬 0
Iran-Oman Hormuz Deal Near, But Tehran Demands U.S. Reparations Before Reopening Vital Oil Route
Energy

Iran-Oman Hormuz Deal Near, But Tehran Demands U.S. Reparations Before Reopening Vital Oil Route

Iran signals an agreement with Oman on a new Strait of Hormuz shipping route is imminent, yet insists the waterway will ...

Aoife Keane 👁 36 💬 0
ExxonMobil Names Preferred Contractor for Mozambique's $20B Rovuma LNG Project
Energy

ExxonMobil Names Preferred Contractor for Mozambique's $20B Rovuma LNG Project

U.S. supermajor selects MDC consortium for onshore EPC work on the 18.6 mtpa Rovuma LNG development, marking a pivotal s...

Aoife Keane 👁 40 💬 0
Iran Seeks US Compensation for Hormuz Violations as Oman Deal Looms
Energy

Iran Seeks US Compensation for Hormuz Violations as Oman Deal Looms

Iran and Oman are close to a deal on a new shipping route through the strategic Strait of Hormuz, but Tehran insists the...

Aoife Keane 👁 38 💬 0
Iran Sets Preconditions for Reopening Strait of Hormuz, Putting Oil Markets on Edge
Energy

Iran Sets Preconditions for Reopening Strait of Hormuz, Putting Oil Markets on Edge

Tehran's demand that the U.S. lift sanctions, withdraw troops, and pay reparations before ending the naval blockade thre...

Aoife Keane 👁 34 💬 0
Oil Climbs 1% but Weekly Rout Exposes Hormuz Deal Anxiety
Energy

Oil Climbs 1% but Weekly Rout Exposes Hormuz Deal Anxiety

Brent and WTI edged higher on Friday but remained on track for a second straight weekly decline of over 7% as traders wa...

Aoife Keane 👁 35 💬 0
Explosive Drone Crashes Near Bulgaria’s Trans-Balkan Gas Pipeline
Energy

Explosive Drone Crashes Near Bulgaria’s Trans-Balkan Gas Pipeline

An armed drone resembling a Ukrainian decoy model crashed and detonated close to a critical gas compression station in n...

Aoife Keane 👁 29 💬 0
Why Iran-Oman Shipping Talks Alone Won't Reopen the Strait of Hormuz
Energy

Why Iran-Oman Shipping Talks Alone Won't Reopen the Strait of Hormuz

Tehran signals progress in talks with Oman over a new shipping lane, but reopening depends on US compensation and sweepi...

Aoife Keane 👁 38 💬 0
Start-Up Innovation Emerges as Critical Buffer Against Energy Shocks
Energy

Start-Up Innovation Emerges as Critical Buffer Against Energy Shocks

The closure of the Strait of Hormuz has exposed the fragility of global energy supply, but agile start-ups with breakthr...

Aoife Keane 👁 31 💬 0
Texas Orders Audits of Data Centre Construction, Clouding Google and Microsoft Expansion
Energy

Texas Orders Audits of Data Centre Construction, Clouding Google and Microsoft Expansion

Governor Greg Abbott has directed the state’s utility regulator and grid operator to audit new data centre projects, a m...

Aoife Keane 👁 41 💬 0
WTI Crude Sinks 10% as Hormuz Talks Fuel Hopes, but Supply Risks Persist
Energy

WTI Crude Sinks 10% as Hormuz Talks Fuel Hopes, but Supply Risks Persist

Oil markets priced in a breakthrough over the Strait of Hormuz this week, sending WTI down sharply. Yet physical exports...

Aoife Keane 👁 35 💬 0
Startup Aternium Plans Green Hydrogen Plant with Deuterium Co-Production to Fill US Supply Gap
Energy

Startup Aternium Plans Green Hydrogen Plant with Deuterium Co-Production to Fill US Supply Gap

The Delaware facility marks a private-sector push to establish domestic heavy water production and make renewable hydrog...

Aoife Keane 👁 49 💬 0
Progress in Iran-Oman Talks to Reopen Strait of Hormuz; US to Lift Blockade as Oil Exports Set to Resume
Energy

Progress in Iran-Oman Talks to Reopen Strait of Hormuz; US to Lift Blockade as Oil Exports Set to Resume

An unnamed U.S. official says rapid progress between Tehran and Muscat could soon lead to reopening the strategic waterw...

Aoife Keane 👁 42 💬 0
Redefining Grid Reliability: Hydro One’s Zerdin on Integrating DERs and Customer Needs
Energy

Redefining Grid Reliability: Hydro One’s Zerdin on Integrating DERs and Customer Needs

With extreme weather and rising demand, utilities are rewriting reliability and resiliency. Hydro One’s Joe Zerdin discu...

Aoife Keane 👁 34 💬 0
SpaceX Plans On-Site Natural Gas Power Plants for $16.8 Billion Texas Chip Factory
Energy

SpaceX Plans On-Site Natural Gas Power Plants for $16.8 Billion Texas Chip Factory

Elon Musk's SpaceX will build its own gas-fired power plants and battery arrays to supply the massive Terafab semiconduc...

Aoife Keane 👁 31 💬 0
U.S. Senate Approves Russia Energy Sanctions Bill, Tariffs on Oil Importers Await House
Energy

U.S. Senate Approves Russia Energy Sanctions Bill, Tariffs on Oil Importers Await House

The Senate passed the Lindsey O. Graham Sanctioning Russia and Iran Act with broad bipartisan support, empowering the pr...

Aoife Keane 👁 32 💬 0
Data Centers Tap Fuel Cells to Beat Grid Delays as Oracle, Equinix Lead Charge
Energy

Data Centers Tap Fuel Cells to Beat Grid Delays as Oracle, Equinix Lead Charge

Facing years-long waits for grid connections and gas turbines, data center operators are turning to Bloom Energy's fuel ...

Aoife Keane 👁 44 💬 0
Hungary Eyes Danube Rise but Paks Nuclear Plant Remains at Near-Minimum Output
Energy

Hungary Eyes Danube Rise but Paks Nuclear Plant Remains at Near-Minimum Output

Prime Minister Magyar lifted conservation orders after a temporary rise in Danube levels, but the Paks plant still runs ...

Aoife Keane 👁 33 💬 0
Eni and TotalEnergies Finalise Cronos Gas Project, Set to Supply Europe by 2028
Energy

Eni and TotalEnergies Finalise Cronos Gas Project, Set to Supply Europe by 2028

The final investment decision on the Cronos field off Cyprus unlocks 3 trillion cubic feet of gas for Europe, using Egyp...

Aoife Keane 👁 31 💬 0
ANP Pulls Refit’s Operating License After CNPJ Suspension; Rio State Seeks Bankruptcy
Energy

ANP Pulls Refit’s Operating License After CNPJ Suspension; Rio State Seeks Bankruptcy

The Brazilian petroleum regulator revoked the license of Refinaria de Manguinhos after the tax authority suspended its C...

Aoife Keane 👁 33 💬 0
India’s Round-the-Clock Renewable Tariff Hits ₹5.25/Unit, Signalling Cost-Competitive Clean Power
Energy

India’s Round-the-Clock Renewable Tariff Hits ₹5.25/Unit, Signalling Cost-Competitive Clean Power

MNRE Secretary Santosh Sarangi highlighted the competitive tariff discovered by SECI, reflecting India's ability to inte...

Aoife Keane 👁 46 💬 0
Hormuz Strait Uncertainty Keeps Oil Market Under Pressure as Iran Proposes Fees and Restrictions
Energy

Hormuz Strait Uncertainty Keeps Oil Market Under Pressure as Iran Proposes Fees and Restrictions

Oil futures climbed on Friday after Tehran's plan to impose fees and block 'hostile' vessels from transiting the Strait ...

Aoife Keane 👁 41 💬 0
Cusco’s 40-Year Wait for Home Gas: What’s Stalling the 7-Region Pipeline
Energy

Cusco’s 40-Year Wait for Home Gas: What’s Stalling the 7-Region Pipeline

A US$550 million private project to bring natural gas to 1.2 million people across seven southern regions hangs on a sin...

Aoife Keane 👁 33 💬 0
Iran and Oman Outline Tentative Hormuz Shipping Route, But Full Reopening Hinges on U.S.
Energy

Iran and Oman Outline Tentative Hormuz Shipping Route, But Full Reopening Hinges on U.S.

A proposed temporary corridor would channel oil tankers through Iranian waters, yet Tehran warns the Strait of Hormuz wi...

Aoife Keane 👁 43 💬 0
Biomass Power Doubles in a Decade, but Its Role in the Energy Transition Remains Limited
Energy

Biomass Power Doubles in a Decade, but Its Role in the Energy Transition Remains Limited

Biomass now supplies over 10% of global energy and 2% of electricity, up from 1% ten years ago. Yet uneven resource dist...

Aoife Keane 👁 27 💬 0