Energy
Oil, gas, power, renewables and the energy transition.
315 articles
BP's Exit Threatens Japan's Offshore Wind Ambitions as Cost Headwinds Persist
BP is weighing a pullout from a major offshore wind consortium in Japan, deepening fears of a domino effect across the s...
OPEC+ Considers Pausing Production Increases from October as Focus Shifts to 2027 Quotas
OPEC+ may freeze output after September’s planned increase, pausing for three months to allow negotiations on 2027 quota...
Stalled Gas Plant Build-Out Puts Spotlight on Grid-Side DER and VPP Gains
With US natural gas plant additions virtually stalled, startups and automakers are advancing distributed energy resource...
Oil Prices Slide $3 as US-Iran Talks Raise Hopes for Strait of Hormuz Reopening
Crude futures fell for a third session Tuesday, shedding $3 a barrel, as optimism over a potential US-Iran diplomatic th...
Despite Ceasefire, US Strikes Iran's Minelayers and Missile Sites in Hormuz
The attacks, labeled self-defense, come as nuclear deal negotiators try to finalize a 60-day truce. The Strait of Hormuz...
Longi & DHL Ink Green Logistics Deal; Shenhuo Profit Soars 151% — Energy Roundup
Longi and DHL sign strategic cooperation on BIPV and green hydrogen; Shenhuo Shares posts a 151% profit jump on strong a...
Turkish Coal Importers Feel the Supply Pinch as Black Sea Risks Redirect Russian Cargoes
Turkish coal buyers returning to the market are facing scarce Russian supply, driving up prices and freight costs. Disru...
Macquarie Sees Oil Surplus by Year-End as US Election Pressures Trump Toward Iran Deal
Macquarie forecasts a return to oversupply with a 2 million bpd surplus in Q4, doubling in early 2027, driven by midterm...
Oman Leads Regional Diplomacy to Ease Tensions Around Strait of Hormuz
Oman’s foreign minister held phone talks with counterparts from Saudi Arabia, Qatar, Kuwait, Egypt and Iran, focusing on...
Hawaiian Electric Seeks to Expand Renewables, Energy Storage on Oʻahu, Hawaiʻi Island, and Maui
The utility has filed an ambitious procurement plan for nearly 1,650 GWh of renewables and 465 MW of grid-forming storag...
Uzbekistan’s President Dismisses Energy Minister After 4,000 Outages in Two Months, Orders AI-Led Shake-Up
Shavkat Mirziyoyev names Sherzod Khodjaev to lead the energy ministry, criticises $2.5bn grid modernisation that failed ...
European Gas Prices Fall Below $700 as Mideast Tensions Ease
TTF benchmark drops over 8% amid reports Trump delayed Iran military plans; oil also down sharply. The move offers a rep...
Poland's PFR aims to break nuclear SMR deadlock with OSGE stake
Negotiations are underway for state fund PFR to join Orlen Synthos Green Energy in a restructuring push designed to unbl...
Houthi Strikes on Saudi Oil Sites and Caspian Clash Signal Wider Iran War
Fighting in the Iran conflict leaped to the Red Sea and Caspian Sea as Houthis attacked Saudi Aramco facilities and Iran...
EU Targets Deal-Makers Behind Russia’s Ghost Fleet, but Oil Keeps Flowing to India and China
EU sanctions on Russian oil traders have failed to halt shadow fleet deliveries to India and China, where deep discounts...
Russia Plans to Extend Gasoline Export Ban Through 2026, Signals Diesel Curbs May Ease
The Russian government intends to prohibit gasoline exports until the end of the year, though a ban on diesel exports co...
Oil Prices Plunge as Trump Halts Iran Strikes and Hormuz Deal Nears
Brent crude drops 6% to $86.8, European gas sheds 7.8% after reports that Oman-mediated talks could reopen the Strait of...
War on Iran Puts Egypt’s Energy Pricing Overhaul Back on Front Burner, Think Tank Says
The Egyptian Center for Economic Studies warns that geopolitical shocks could hit Egypt’s budget hard unless it adopts t...
Nigerian Navy Intercepts Vessel with 683 Tonnes of Stolen Crude as Anti-Theft Drive Lifts Output
The seizure of MT FILIA off Akwa Ibom underscores the Navy's crackdown on crude theft, with production gains pushing Nig...
Egypt's Minister Pitches Renewable Energy Investment to Global Ambassadors, Eyes Regional Hub Status
Electricity Minister Mahmoud Esmat briefed Egyptian diplomats on a drive to hit 45% renewable generation by 2028, a new ...
Deadly Storm Disrupts Chilean Copper Mines, Threatening AI and Energy Supply Chains
Extreme snowfall and floods forced multiple top miners to halt operations in Chile, the world's largest copper supplier,...
China's Belt and Road Green Energy Deals Hit $20.1 Billion Record in H1 2026
Driven by cheaper renewables and fallout from the U.S.-Iran conflict, China's flagship infrastructure initiative is pour...
Iran Halts Retaliatory Strikes as US Pauses, Easing Strait of Hormuz Tensions
A fragile halt in US-Iran hostilities revives shipping through Hormuz, but Houthi attacks on Saudi Aramco facilities and...
Iraq Greenlights Syrian Oil Export Corridor to Bypass Blockaded Hormuz Strait
Iraq's cabinet approved a memorandum with Syria for a Mediterranean pipeline, aiming to reduce dependence on the Strait ...
Iraq Cabinet Approves Mediterranean Oil Pipeline via Syria, Akkas Exploration Deal with ConocoPhillips
Iraq’s cabinet authorised a memorandum of understanding for a crude oil pipeline through Syria to the Mediterranean, as ...
Japan Rules Out Tapping Strategic Oil Reserves, Sees Purchases on Track
PM Sanai Takaichi says crude supplies are sufficient and Tokyo will not release stockpiles, calming markets as oil remai...
Airstrikes Pause as US and Iran Weigh Diplomatic Off-Ramp Amid Strait of Hormuz Crisis
After nearly two weeks of US bombing, a pause in airstrikes and intensifying talks raise hopes for de-escalation—but con...
Saudi Oil Exports Pivot to Suez as Red Sea Attacks Escalate
Houthi attacks on tankers in the Red Sea force Saudi Arabia to reroute millions of barrels through the Suez Canal, strai...
China’s Crude Oil Imports Plunge 41% in June, Deepening the Demand Shock
China’s monthly crude imports collapsed to a decade-low in June, marking a fourth straight monthly drop. The slump is sh...
Egypt's Grid Hits 39.6 GW Peak but No Return to Load Shedding, Ministry Says
A record summer demand of 39,600 MW did not trigger power cuts thanks to expanded capacity and grid upgrades, according ...