Industry News — Energy & Compliance
الاسم المختصر: Energy News
Aggregated public RSS feeds covering energy, climate and compliance news. Used as Outreach content seeds (not a regulator).
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فتح في المتصفح →US Crude Oil Inventories Down Again, Losing 52 Million Barrels in 9 Weeks
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 8.33 million barrels in the week ending June 12. Analysts had expected a 4.5 million draw. In the week prior, US crude oil inventories fell by a rather large 9.119 million barrels. Although inventories have been falling rapidly for the last 2+ months, shedding 52 million barrels over the last nine weeks, US crude inventories are only down 1.4 million barrels so far this year, according to API data. Inventories in the US Strategic Petroleum Reserve…
Egypt Clears $6 Billion in Energy Debt and Opens Door to a New Gas Boom
The announcement from Egypt’s petroleum and mineral resources minister Karim Badawi that the country has paid all its outstanding debts to foreign oil firms is as welcome to international oil companies and their governments as it is to the country itself. Egypt has become one of the West’s prime targets in the hunt for replacement gas supplies after the loss of Russian flows following the 24 February 2022 invasion of Ukraine. Officially, it holds around 93 trillion cubic feet (Tcf) of proven natural gas reserves, but unofficially, it…
Oil Extends Losses as Hormuz Reopens
Oil fell for a fourth straight session as a US-Iran deal to reopen the Strait of Hormuz improved expectations for increased crude supply.
AI Power Hunger Sparks Push for Energy Efficiency
The surge of AI and the data center boom have started to pose challenges to the global energy system amid soaring power demand, spiking energy bills, and a higher environmental footprint. As much as AI is changing the world and the economy, it could also offer assistance to one of the energy sector’s most pressing needs in times of rising demand, uncertainty in fossil fuel supply, and inflationary and supply-chain pressures in the renewables industry—energy efficiency. AI could be the tool to help unlock additional energy gains and…
Norway Moves to Extend the Life of Europe’s Most Important Oil Field
Norway is moving ahead with the next phase of development at Johan Sverdrup, a project designed to help maintain production from the oil field that has become one of Europe's most important sources of crude supply. According to Equinor, new discoveries in the Johan Sverdrup area have laid the foundation for Phase 4 of the giant North Sea field. Preliminary estimates indicate resources of around 20 million barrels of oil and approximately 30 million barrels of oil equivalent, with production expected to begin in 2029. The volumes are modest compared…
Oil Prices Crash as Traders Bet the War Is Over
The oil market just did something remarkable. After spending months pricing in tanker attacks, shut-in production, damaged LNG facilities, and the largest supply disruption in modern oil market history, traders are suddenly betting the crisis is ending. Brent crude futures fell below $79 per barrel on Tuesday, its lowest level since March, after the United States and Iran digitally signed a peace agreement that includes the reopening of the Strait of Hormuz and the immediate return of Iranian oil sales to global markets. The selloff has been relentless.…
The Bottleneck Holding Back Britain's Energy Industry
Alan Chang believes Britain’s energy crisis is largely self-inflicted. The founder of Fuse Energy, the $5bn (£3.72bn) energy supplier and infrastructure developer, argues that the UK already has the ingredients needed to drive investment in the sector. What it lacks, he says, is a planning system capable of turning that potential into projects. “There is more money chasing infrastructure projects than there are infrastructure projects”, Chang told City AM. “It’s basically a self-imposed bottleneck for growth.”…
Trump Deal Resumes Iran Oil Sales Immediately
Iran won’t have to wait for inspectors, certifications, or a long diplomatic victory lap to start earning oil revenue again. Under the agreement expected to formally end the war between the United States and Iran, Tehran will be allowed to immediately resume oil and fuel sales, according to people familiar with the deal who spoke to the Wall Street Journal. The sanctions relief takes effect as soon as the agreement is signed and extends beyond crude exports to include the banking, shipping, and insurance services needed to move those barrels…
Falling Oil Prices Could Ease Pressure on India’s Trade Deficit
The tentative U.S.-Iran deal and the expected drop in oil prices amid increasing flows from the Middle East are set to help narrow India’s trade deficit, which held at relatively high levels in April and May due to the crude price shock. Higher refined petroleum products helped India’s trade deficit narrow slightly to $28.21 billion in May from $28.38 billion in April, but the crude import bill nearly doubled compared to the same month last year. India’s petroleum imports jumped to $22.7 billion last month, up from $14…
Chinese Refining in May at Lowest Level in Nearly 4 Years
The question for the market, now that a deal has been reached to reopen Hormuz, is whether Chinese demand for fuels like gasoline will normalize, or whether the rapid transport electrification has permanently dented consumption.
Hormuz Reopens as Traders Price Out the War Premium
The U.S.-Iran agreement to reopen Hormuz and lift the maritime blockade has pushed oil below $80, though risks remain if tensions in Lebanon escalate. China Slams the Brakes on Crude Refining - China’s crude throughput has plunged by a hefty 9.1% year-over-year to 12.7 million b/d, according to the country’s National Bureau of Statistics, marking one of the most substantial instances of demand destruction on the heels of the US-Iran conflict.- Refinery runs in China plunged to their lowest since April 2022, depressed by negative refining…
The $10 Billion Energy Corridor That Could Bypass Hormuz
The extended disruption caused by the US-Iran conflict highlights a need for diversifying energy export routes to reduce dependency on shipping via the Strait of Hormuz. A new initiative launched by the Washington, DC-based New Lines Institute seeks to develop Syria and Turkey into major energy distribution hubs. The Four Seas Initiative outlines an expansive framework for redirecting energy export flows in ways that can lessen European dependence on Russian and Iranian oil and gas while directing investment from Gulf states toward Western-aligned…
Europe Wary of Sending Hormuz Aid as Questions Linger
At the Group of Seven Summit, held in France, Europeans have raised a series of questions about what exactly was agreed to before committing to demining missions and patrols.
Hundreds of Well Workers offshore Norway Go on Strike
The Norwegian Union of Energy Workers is staging strikes against offshore well services companies after refusing proposals that the union sees as years behind collective bargaining agreements in other parts of the oil and gas industry.
U.S. EV Adoption Slows While Global Demand Accelerates
Electric vehicle sales in the United States are set to account for only 17% of all nationwide passenger vehicle sales in 2030, BloombergNEF said in its latest EV outlook, slashing its 27%-share projection from last year as the Trump Administration ended incentives for electric vehicles. Back in 2024, the year before President Trump won a second term in office, BloombergNEF expected EVs to have a 48% share of total U.S. passenger car sales in 2030. With the scrapping of the incentives for electric vehicle purchases, analysts, including those at…
DHL Targets 5x Increase in Energy Transition-Related Revenues to €3 Billion by 2030
Logistics giant DHL Group announced plans to strengthen its capabilities and presence in the New […]
Australian LNG Strike Threatens Global Gas Supply as Qatar Recovery Lags
The ongoing strike action at Australian LNG facilities of Inpex is expected to disrupt operations significantly, a senior official at the Japanese energy firm told Bloomberg on Tuesday. Workers at Inpex’s Ichthys LNG facilities last week voted to escalate the strike action at all three sites to work stoppages of up to 8 hours per day, up from 4 hours previously. “We anticipate imminent disruption to production at both onshore and offshore Ichthys LNG facilities,” Bill Townsend, senior vice president corporate at Inpex,…
SolarSquare Raises $53 Million to Scale Residential Solar Platform in India
India-based rooftop solar system provider SolarSquare announced today that it has raised $53 million in […]
U.S. and Iran Digitally Sign Peace Deal to Reopen Strait of Hormuz
The United States and Iran have electronically signed a framework deal to end the three-month-long war and reopen the Strait of Hormuz, senior US administration officials said on June 15. Speaking on background to reporters, the officials said US President Donald Trump and Vice President JD Vance signed the agreement virtually, while Iran's parliament speaker and chief negotiator, Mohammad Baqer Qalibaf, signed on behalf of Tehran. The deal is expected to be formally signed during a ceremony in Geneva, Switzerland, on June 19. The full text of…
Upright Launches New AI Model to Quantify Companies’ Sustainability Impacts, Risks and Opportunities
Impact data company Upright announced the launch of a new vertically-trained AI model designed to enable […]
Dubai and Murban Crude Signal End of Middle East Supply Crunch
The benchmark crude grades of the Middle East have slumped this week as the U.S.-Iran deal raises hopes that supply from the top oil-exporting region would begin to recover soon. As a result of the eased concerns about prompt crude supply from the region, the key benchmark crudes, Dubai and Murban, saw their futures curve structure on Tuesday flip to contango for the first time since the war began on February 28, according to data compiled by Bloomberg. The contango structure, in which prices for contracts dated further out in time…
Inside PV manufacturing: Solarge’s module factory in Netherlands
Solarge is a Dutch manufacturer that produces ultra-lightweight, fully recyclable solar modules at an automated plant in Weert, in the southern Netherlands. The post Inside PV manufacturing: Solarge’s module factory in Netherlands appeared first on pv magazine Global .
Canada Launches Legislation to Ban Products Made with Forced Labor Following U.S. Tariff Threat
The Government of Canada announced the launch of new proposed legislation aimed at strengthening its […]
Qatar Eyes Quick LNG Restart Once Hormuz Reopens
Qatar prepares to quickly restart and restore liquefied natural gas output within weeks after the eventual reopening of the Strait of Hormuz, Bloomberg reported on Tuesday, citing anonymous sources with knowledge of the plans. State firm QatarEnergy, which curtailed LNG output in early March before an LNG facility was hit by Iranian missiles in mid-March, has now told its customers that it could restore about 50% of its production capacity within a month after safe navigation through the Strait of Hormuz is restored. Within two months, Qatar…
China proposes PV product grading system in bid to drive industry consolidation
China has proposed a PV product grading system that classifies modules into three quality tiers based on reliability, performance, and environmental attributes. The framework is expected to influence procurement, financing, and insurance decisions in a bid to drive industry consolidation. The post China proposes PV product grading system in bid to drive industry consolidation appeared first on pv magazine Global .
Kyrgyzstan switches on 175 MW of solar
The commissioning of the first phase of a planned 1.9 GW solar project represents Kyrgyzstan’s largest operational solar site to date. The post Kyrgyzstan switches on 175 MW of solar appeared first on pv magazine Global .
UtmoLight launches new perovskite solar module series
UtmoLight unveiled its Chuangshi S2 and S1 perovskite modules at SNEC 2026, targeting durability and lightweight deployment challenges that have limited commercial adoption of perovskite PV. The 500 W S2 module is designed for harsh weather conditions and certified for high mechanical loads, while the ultra-light S1 targets distributed PV, BIPV and low-load rooftop applications. The post UtmoLight launches new perovskite solar module series appeared first on pv magazine Global .
Analysis: Energy-efficient air conditioning could save Indian homes 69bn rupees a year
More energy-efficient air-conditioning units could, together, save Indian households ₹69bn ($724m) a year, according to... The post Analysis: Energy-efficient air conditioning could save Indian homes 69bn rupees a year appeared first on Carbon Brief .
USA EIA Raises 2026, 2027 Henry Hub Price Forecasts
The U.S. Energy Information Administration raised its Henry Hub spot price forecasts for 2026 and 2027 in its latest short term energy outlook.
EBA Integrates Climate Risk into EU Banking Stress Test
EU banking supervisor The European Banking Authority (EBA) announced the draft methodology and templates for […]
Iberdrola to Invest Nearly $5B in Brazilian State of Bahia by 2030
'Through its subsidiary Neoenergia Coelba, the company will build 54 new substations, more than 2,000 kilometers of high-voltage transmission lines and 42,000 kilometers of medium-voltage distribution networks'.
Vikram Solar to commission 9 GW PV cell manufacturing capacity by December
Vikram Solar is simultaneously expanding its module manufacturing capacity from 9.5 GW to 15.5 GW, with the additional capacity expected to be commissioned by the first quarter of fiscal year 2027. The post Vikram Solar to commission 9 GW PV cell manufacturing capacity by December appeared first on pv magazine Global .
Microsoft-Backed SAF Producer Twelve Launches First U.S. Plant to Make Jet Fuel from CO2
Carbon transformation-focused cleantech company Twelve announced the launch of AirPlant One, the first commercial-scale facility […]
Chevron Expands Exploration Footprint in Greek Mediterranean
Chevron and Helleniq Energy have now expanded their partnership in Greece to five offshore concessions.
The real cybersecurity debate around chinese inverters is only just beginning
The European Commission’s move to restrict funding for projects using high-risk inverter vendors marks a turning point for solar cybersecurity. In this article, Uri Sadot, founder of SolarDefend and a longtime renewable energy cybersecurity specialist, explains why banning Chinese inverters may support Europe’s strategic independence, but will not solve the sector’s cybersecurity challenge. The road to greater security must include clear technical standards, stronger asset visibility and practical implementation of NIS2. The post The real cybersecurity debate around chinese inverters is only just beginning appeared first on pv magazine Global .
JERA Receives LNG Cargo from Barossa Project
The Japanese integrated power company took delivery of its first cargo of LNG from the Barossa Gas Project in Australia's Northern Territory, in which it owns a minority stake.
Satellite breakthrough enables accurate panel-scale temperature mapping for solar farms
A Chinese research team has developed a scene-aware panel surface temperature (PST) retrieval model for utility-scale photovoltaic (PV) plants using MODIS thermal infrared satellite data. The method corrects for mixed-pixel effects, array geometry, and PV-specific directional emissivity to enable accurate panel-scale temperature estimation from space. The post Satellite breakthrough enables accurate panel-scale temperature mapping for solar farms appeared first on pv magazine Global .
Trump Insists Iran Deal Will Hold
The White House sought to make the case that its interim deal with Iran will end a global energy crisis and achieve the administration's wartime goals, even as the two adversaries diverged on what the agreement will look like.
Welsh rugby stadium goes solar with 1.5 MW PV array
Welsh Rugby Union claims stadium array is largest installed on a UK sports venue to date, with generating capacity to power more than 50 matchdays. Historic horse racing venue Ascot also adds solar as part of broader sustainability drive. The post Welsh rugby stadium goes solar with 1.5 MW PV array appeared first on pv magazine Global .
Rheem launches variable-speed air-source heat pump
The RP17AY system is a variable-speed, inverter-driven air-source heat pump using R-454B refrigerant, designed for universal replacement applications with high seasonal efficiency. The post Rheem launches variable-speed air-source heat pump appeared first on pv magazine Global .
Renewables shield Spain from energy crisis as gas sets electricity price in only 9% of hours
A report by the British consultancy Ember estimates that renewables shielded Spain from the gas crisis, saving households an average of €10 per month while Europe faced its second gas price crisis in five years. The post Renewables shield Spain from energy crisis as gas sets electricity price in only 9% of hours appeared first on pv magazine Global .
Crude Extends Slide on Iran Accord
Oil prices plunged after the US and Iran agreed to an interim deal aimed at reopening the Strait of Hormuz.
Pemex CEO Set to Visit Brazil amid Talks of Joint Gulf Campaign
Petroleos Mexicanos' Juan Carlos Carpio is expected to visit Brazil this month as the company explores a deal with Petroleo Brasileiro to explore for oil in the Gulf of Mexico, Petrobras' boss said.
Analysis: UK’s EV drivers are now saving £1,100 each a year – and £3bn in total
Amid reports that the government could weaken the UK’s electric vehicle (EV) targets, Carbon Brief... The post Analysis: UK’s EV drivers are now saving £1,100 each a year – and £3bn in total appeared first on Carbon Brief .
Venture Global Gets Enlarged Contract to Supply LNG to Greece
Venture Global and Atlantic-See LNG Trade amended their agreement to allow the delivery of 1 million metric tons per annum of United States liquefied natural gas to Greece.
Petronas Farms Down Several Malaysian Assets
Petronas said it continues to expand participation by state governments in the development of Malaysia's oil and gas resources.
New Forests Launches A$1 Billion Global Natural Capital Fund
Nature-based real assets-focused investment manager New Forests announced today the launch of its Global Landscape […]
P&G’s First Chief Sustainability Officer Virginie Helias Retires
Virginie Helias, who has led sustainability efforts at consumer brands giant Procter & Gamble (P&G) […]
NYC Comptroller Launches Search for Asset Managers After Predecessor Recommended Dropping BlackRock Over Climate Concerns
New York City Comptroller Mark Levine announced that the City’s five public pension systems have launched […]
Johan Sverdrup Partners Eye Phase 4
Recently completed appraisal wells, which hold preliminary estimates of 20-30 million barrels of oil equivalent, form the basis to further extend the productive life of Norway's biggest oilfield beyond the ongoing phase 3.
Workiva Launches Agentic AI Sustainability Reporting Solution
Business data and reporting solutions provider Workiva announced the launch of Workiva Sustainability Disclosure Agent, […]
Woodside Says No Takeover Offer from ExxonMobil
The Australian company said it was not in discussions with ExxonMobil over a potential takeover, while an analyst said any deal would likely face regulatory hurdles if it came to fruition.
Japan Agrees to Facilitate $12B Investment in UK Offshore Wind
The investment will support the development of 5.9 gigawatts of floating facilities in which Japanese companies own a stake.
Hormuz to Reopen as Iran, US Agree to Pause War
Oil prices fell as the U.S. and Iran agreed to pause hostilities and begin reopening the Strait of Hormuz, easing fears of a prolonged disruption to global energy supplies.
Shell Plots $1B Wind Farms Sale
Shell is preparing to launch a sale of its offshore wind farms in the oil major's latest move away from renewable energy to focus on its higher-returning fossil fuel business.
ExxonMobil Explores Acquisitions Including Woodside
ExxonMobil has been holding early-stage discussions internally, according to people with knowledge of the matter.
Oil Drops to Four-Month Low
Oil prices fell sharply as hopes grew for a Hormuz reopening agreement between the US and Iran.
DeBriefed 12 June 2026: El Niño begins | COP31 hosts eye electrification | Atlantic current monitoring at risk
Welcome to Carbon Brief’s DeBriefed. An essential guide to the week’s key developments relating to climate... The post DeBriefed 12 June 2026: El Niño begins | COP31 hosts eye electrification | Atlantic current monitoring at risk appeared first on Carbon Brief .
Analysis: Solar overtakes gas power in Asia for first time ever
Solar has overtaken gas power in Asia to become the continent’s third-largest source of electricity,... The post Analysis: Solar overtakes gas power in Asia for first time ever appeared first on Carbon Brief .
China Briefing 11 June 2026: Tech clampdown | Extreme weather | Provinces’ energy plans
Welcome to Carbon Brief’s China Briefing. China Briefing handpicks and explains the most important climate... The post China Briefing 11 June 2026: Tech clampdown | Extreme weather | Provinces’ energy plans appeared first on Carbon Brief .
Guest post: How a record-high ‘energy imbalance’ is driving global warming
The planet is heating up more quickly than ever before. For decades, greenhouse gas emissions... The post Guest post: How a record-high ‘energy imbalance’ is driving global warming appeared first on Carbon Brief .
Cited 9 June 2026: Europe’s ‘exceptional’ heatwave | Warming forecast | AMOC observations ‘at risk’
Welcome to Cited, your essential guide to new climate research. In the news SPRING HEATWAVE:... The post Cited 9 June 2026: Europe’s ‘exceptional’ heatwave | Warming forecast | AMOC observations ‘at risk’ appeared first on Carbon Brief .
DeBriefed 5 June 2026: UK eyes 2040 emissions cut | US ‘dismantling’ oceans research | China’s solar slump
Welcome to Carbon Brief’s DeBriefed. An essential guide to the week’s key developments relating to climate... The post DeBriefed 5 June 2026: UK eyes 2040 emissions cut | US ‘dismantling’ oceans research | China’s solar slump appeared first on Carbon Brief .
Chart: Why China’s solar boom is slowing down
Solar power has been a major element of China’s renewables buildout since the mid-2010s.  The... The post Chart: Why China’s solar boom is slowing down appeared first on Carbon Brief .
Analysis: China’s CO2 climbs 2% in early 2026 due to ‘wasted’ wind and solar
China’s carbon dioxide (CO2) emissions grew by 2% in the first quarter of 2026, after... The post Analysis: China’s CO2 climbs 2% in early 2026 due to ‘wasted’ wind and solar appeared first on Carbon Brief .