Greens Push Windfall Tax on Oil Companies as German Fuel Prices Bite
Energy

Greens Push Windfall Tax on Oil Companies as German Fuel Prices Bite

Green parliamentary leader Katharina Dröge wants excess oil profits taxed and refunded through lower electricity costs, ...

Aoife Keane 👁 44 💬 0
DOE Ends Review of Last Three National Interest Transmission Corridors
Energy

DOE Ends Review of Last Three National Interest Transmission Corridors

Energy Secretary Chris Wright ends the NIETC review process for the Lake Erie–Canada, Southwestern Grid Connector and Tr...

Aoife Keane 👁 45 💬 0
Hydropower's Transformer Crisis: The 60-Month Bottleneck Threatening U.S. Fleet Modernization
Energy

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...

Aoife Keane 👁 58 💬 0
Yucatán Breaks Ground on Mexico’s First Wind Farm Under Sheinbaum’s 2025 Energy Policy
Energy

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...

Aoife Keane 👁 29 💬 0
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
China’s 2030 Power System Roadmap Targets 50% Renewables, Grid Overhaul
Energy

China’s 2030 Power System Roadmap Targets 50% Renewables, Grid Overhaul

China unveiled a five-year blueprint to build a power system where renewables generate half of electricity, with massive...

Aoife Keane 👁 32 💬 0
Oil Majors Book $93 Billion Q2 Profit as US-Iran War Fuels Price Surge
Energy

Oil Majors Book $93 Billion Q2 Profit as US-Iran War Fuels Price Surge

Oil giants including Saudi Aramco and ExxonMobil earned $93 billion last quarter — nearly double a year earlier — as the...

Aoife Keane 👁 33 💬 0
Sołowow Pushes Private SMR Fleet as Poland's Answer to Looming Power Gap
Energy

Sołowow Pushes Private SMR Fleet as Poland's Answer to Looming Power Gap

Polish billionaire Michał Sołowow makes a direct appeal in a Forbes Poland interview: approve his GE Vernova-based SMR p...

Aoife Keane 👁 37 💬 0
Uruguay Freezes Fuel Prices in August Despite Rising Global Oil Costs
Energy

Uruguay Freezes Fuel Prices in August Despite Rising Global Oil Costs

Uruguay holds gasoline, diesel and LPG prices flat for August, absorbing higher global crude costs linked to Middle East...

Aoife Keane 👁 44 💬 0
Austria Extends Fuel Tax Brake Through August, Warns of Potential Margin Caps
Politics

Austria Extends Fuel Tax Brake Through August, Warns of Potential Margin Caps

Austria extends its fuel tax brake through August, cutting mineral oil tax by 1.9 cents per litre. Officials warn that a...

Sinead Brennan 👁 37 💬 0
Vermilion Fights to Keep 450 French Oil Wells Operating Past 2040
Energy

Vermilion Fights to Keep 450 French Oil Wells Operating Past 2040

The largest oil producer in France is lobbying to extend its concessions beyond the 2040 phase‑out, arguing that the gov...

Aoife Keane 👁 31 💬 0
Brazil to Auction Union Gas Directly to Industry, Minister Says Firms Are ‘All Equal’
Energy

Brazil to Auction Union Gas Directly to Industry, Minister Says Firms Are ‘All Equal’

New rule permits state-owned PPSA to sell the Union’s natural gas directly to chemicals, fertilizers and power generatio...

Aoife Keane 👁 32 💬 0
US Trade Body Awards $5.7M for Green Hydrogen Study in Morocco Despite Trump’s Energy Shift
Energy

US Trade Body Awards $5.7M for Green Hydrogen Study in Morocco Despite Trump’s Energy Shift

A $5.7 million U.S. grant to study green hydrogen in Morocco highlights contradictions in America’s energy policy while ...

Aoife Keane 👁 34 💬 0
Russia Extends Gasoline Export Ban to January 2027, Eases Diesel Restrictions for Producers
Energy

Russia Extends Gasoline Export Ban to January 2027, Eases Diesel Restrictions for Producers

The Russian government has re-imposed a temporary ban on gasoline exports from August 1 to January 31, 2027, while allow...

Aoife Keane 👁 54 💬 0
OPEC+ Considers Pausing Production Increases from October as Focus Shifts to 2027 Quotas
Energy

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...

Aoife Keane 👁 51 💬 0
Uzbekistan’s President Dismisses Energy Minister After 4,000 Outages in Two Months, Orders AI-Led Shake-Up
Energy

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 ...

Aoife Keane 👁 41 💬 0
Russia Plans to Extend Gasoline Export Ban Through 2026, Signals Diesel Curbs May Ease
Energy

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...

Aoife Keane 👁 37 💬 0
Egypt's Minister Pitches Renewable Energy Investment to Global Ambassadors, Eyes Regional Hub Status
Energy

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 ...

Aoife Keane 👁 34 💬 0
China Sets Ambitious 2030 Renewable Energy Targets in New Five-Year Plan
Energy

China Sets Ambitious 2030 Renewable Energy Targets in New Five-Year Plan

Beijing’s 2026–2030 renewable energy roadmap targets 3.5 TW of installed capacity and 6 trillion kWh of annual generatio...

Aoife Keane 👁 45 💬 0
TotalEnergies CEO Pushes EU to Shield Companies in Russian LNG Sanctions
Companies

TotalEnergies CEO Pushes EU to Shield Companies in Russian LNG Sanctions

Patrick Pouyanné hopes a proposed Greek tanker exemption could keep Yamal LNG gas flowing, protecting a $300–400m annual...

Declan Byrne 👁 81 💬 0
U.S., Saudi Arabia Ink Historic Nuclear Partnership, Opening Door for American Reactor Exports
Energy

U.S., Saudi Arabia Ink Historic Nuclear Partnership, Opening Door for American Reactor Exports

A new 123 agreement grants U.S. firms privileged access to Saudi Arabia’s nascent nuclear energy program, advancing non-...

Aoife Keane 👁 31 💬 0
Kremlin Says Measures to Stabilize Russian Fuel Market Are Working
Energy

Kremlin Says Measures to Stabilize Russian Fuel Market Are Working

Government interventions including a gasoline and diesel export ban and tax incentives are easing domestic fuel shortage...

Aoife Keane 👁 32 💬 0
Alberta's Proposed 1M-BPD West-Coast Pipeline Needs Barrels That Don't Exist
Energy

Alberta's Proposed 1M-BPD West-Coast Pipeline Needs Barrels That Don't Exist

Regulator forecasts show oil-sands output growing only 560,000 bpd by 2034, leaving the proposed new line nearly twice t...

Aoife Keane 👁 39 💬 0