Industry News — Energy & Compliance
Short name: Energy News
Aggregated public RSS feeds covering energy, climate and compliance news. Used as Outreach content seeds (not a regulator).
Latest items
Open in Browser →Europe's "Less" Is Doing More Than Anyone Gives It Credit For
Brent is sitting a touch above $104 this morning, down slightly from yesterday's surge. The Strait of Hormuz, which used to move something like a fifth of the world's oil and LNG before the war, has been effectively shut since March. Saudi output dropped around 1.9 million barrels a day in August, tanker rates are breaking records, and the EIA doesn't see Middle East production back near pre-conflict levels until the second quarter of 2027. Meanwhile, the European Union imports 57 percent of the energy it consumes and spent €340 billion on…
White House Weighs Defense Production Act as U.S. Refineries Maxed Out
The White House is considering using the Defense Production Act to add U.S. refining capacity, with American refineries already running at 98% capacity and diesel prices above $6 per gallon for the first time. The proposal was discussed during President Donald Trump’s recent meeting with nearly a dozen U.S. refiners, according to Reuters. No decision has been made, and discussions are expected to continue. Refining executives told administration officials that federal money would produce more barrels faster if it were used to expand existing…
Oil Posts Biggest Weekly Gain Since July
Oil posted a strong weekly gain as Middle East conflict and mounting supply risks kept markets on edge.
Trump's Grid Battery Ban Leaves Developers Guessing
The United States is trying to build up its energy storage capacities at a rapid scale. At the same time, it is trying to wean itself off of Chinese battery tech. In many ways, these two goals are in direct opposition to each other. China dominates global supply chains for clean energy tech in general, but especially when it comes to lithium-ion batteries, which power everything from your phone to your car. Approximately 80 percent of all battery cells in the world are made in China according to figures from the International Energy Agency. What…
IEA Says Ukraine Strikes Degrade Russian Oil Refining Sector
Drones are now hitting secondary-processing units at Russia's refineries, which may require six to eight months to replace, according to IEA estimates.
UK Interest Rates Could Rise Four Times Over the Next Year
The Bank of England is expected to hike interest rates as many as four times within the next year, City figures have said, after the economy delivered surprise growth in July. The central bank is expected to be buoyed by this morning’s GDP figures, which saw the UK economy grow by 0.4 per cent in July despite forecasts that growth would grind to a halt. Andrew Bailey is widely tipped to oversee an interest rate hike in November, economists have said, though his Monetary Policy Committee (MPC) is expected to leave rates unchanged when…
U.S. Oil Rig Count Rises as Oil Tops $100
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US rising to 591, up 52 from this same time last year. The number of active oil rigs rose by 1, reaching 450 during the latest reporting period, according to the data. This is 34 above this same time last year. The number of gas rigs rose by 2 to 132, which is 14 more than this time last year. Miscellaneous rigs stayed the same at 9. The latest EIA data showed…
Drone Strikes Hit Saudi Arabia’s Vital East-West Oil Pipeline
Saudi Arabia’s critical East-West oil pipeline system was struck on Thursday, with multiple pumping stations hit in an attack that could threaten one of the kingdom’s most important crude export routes, according to CNN, citing two U.S. officials familiar with the matter. The confirmation comes after satellite data on Thursday pointed to unusual activity along the pipeline corridor. OilPrice.com reported that NASA FIRMS had detected multiple large fires near the East-West pipeline, while Sentinel-3 imagery appeared to show a massive…
Saudi Arabia’s Critical Oil Bypass Comes Under Threat
Houthi strikes threaten Saudi oil exports as Brent hits $105 and Middle Eastern crude soars to $120. Friday, September 11, 2026 Houthi strikes on Saudi Arabia’s oil infrastructure have alerted the oil markets to the possibility of seeing even less Middle Eastern supply than before, with potential damage to the East-West pipeline jeopardizing 3-4 million b/d of Saudi crude exports. Whilst the meeting of Gulf foreign ministers over the weekend has poured some cold water on runaway crude prices, ICE Brent at $105 per barrel (and available Middle…
Supertanker Rates Hit $800,000 a Day as Gulf Tensions Escalate
Supertanker rates on the Baltic Exchange's benchmark Middle East-to-China shipping route have surged to a staggering $800,000 a day. With US forces having destroyed five Iranian-linked tankers and Tehran threatening further escalation in recent days, prospects for near-term stabilization remain limited. The freight surge signals that crude oil and refined products continue to flow but are becoming increasingly costly to transport out of the Gulf region to global markets. According to Bloomberg, US Gulf-to-Asia shipments on very large crude carriers…
IEA Sees 5.7 Million Bpd Oil Supply Plunge as Gulf Recovery Slips to 2027
The IEA just took another 1.4 million barrels per day out of its 2026 global oil supply outlook, and it no longer expects normal Gulf flows to return this year, according to a new agency report released on Friday. Global oil supply is now expected to fall by 5.7 million bpd in 2026, or roughly 6%, compared with the 4.3-million-bpd decline the agency forecast just one month ago. The delayed recovery of Middle Eastern production has pushed the return of normal Gulf supplies into 2027. Global oil stocks fell at a rate of 3.1 million bpd in August,…
Shell Acquires PJM Gas Power Plant
Shell agreed to acquire a 169-megawatt natural gas-fired power plant in Pennsylvania, while selling a 609-MW combined-cycle gas power plant in New England.
UAE Rethinks 5-Gigawatt AI Campus After Iran Targets US Assets in Gulf
The United Arab Emirates (UAE) is considering significant changes to its plans to build a massive 5-gigawatt AI data center in Abu Dhabi in partnership with U.S. tech giants, after Iran started targeting American air bases and U.S.-linked critical infrastructure in the Persian Gulf, multiple sources have told Reuters. The UAE, which aims to become not only a regional but also a global leader in AI development and computing, last year planned to build the 5-GW UAE-US AI Campus in Abu Dhabi. The sprawling campus was planned to include 5 GW of capacity…
USA Crude Oil Stocks Drop Week on Week
Crude oil stocks, not including the SPR, stood at 424.1 million barrels on September 4, the EIA's latest weekly petroleum status report showed.
El Niño: Indonesia fire emissions in 2026 ‘on track’ to match record for this century
Wildfires currently burning large swathes of land in Indonesia are on track to produce emissions on a par with the… The post El Niño: Indonesia fire emissions in 2026 ‘on track’ to match record for this century appeared first on Carbon Brief .
Norway Sees 'Strong Confidence' in New Discoveries Potential
The Norwegian Energy Ministry received applications from 21 companies including international majors for the country's expanded exploration licensing round.
Latvenergo expands Baltic battery storage, solar push alongside wind deals
Latvenergo is folding solar and battery assets into a broader wind-acquisition drive as part of its push to diversify Baltic power generation and strengthen regional energy security. The post Latvenergo expands Baltic battery storage, solar push alongside wind deals appeared first on pv magazine Global .
Debunking the Viral Claim That America Has Only 14 Days of Oil Left
Claims have been circulating on social media that the United States has only about two weeks of oil left. The calculation appears to compare the 286.6 million barrels currently held in the Strategic Petroleum Reserve with roughly 20.7 million barrels per day of U.S. petroleum demand, producing a figure of about 14 days. But that does not describe how the U.S. petroleum system works, and even the units are mismatched. The SPR holds crude oil, while the 20.7-million-barrel figure represents total petroleum products supplied, a broad proxy for consumption…
GSK Signs 500,000-Tonne Carbon Removal Deal with Varaha
Global biopharma company GSK announced that it has signed an eight-year agreement in with carbon […]
UK Business Calls For Scrapping Taxes on Electricity Bills
The large businesses in the UK have urged the government to remove taxes on electricity bills for business to make Britain more competitive and energy costs more affordable amid escalating energy prices that hurt both consumers and industry. In one of his first moves as the UK’s Prime Minister, Andy Burnham in July announced that the new Labour government would scrap the 5% value added tax (VAT) on household electricity bills to help Britons cope with rising energy costs. All suppliers are expected to pass the VAT reduction on to all customers,…
Jeff Currie Sees $5 Gasoline Before Midterms
Diesel just broke $6 a gallon nationwide for the first time in U.S. history, and Jeff Currie says $5 gasoline is likely to land before midterms. The founder and CEO of Real Macro, who spent more than a decade running Goldman Sachs’ commodities research desk, told Bloomberg Television on Friday that the odds of average U.S. gasoline hitting $5 a gallon before the November midterms are “extremely high.” AAA data released the same day put the national diesel average at $6.0556, a record that’s up 14 percent in a month…
IEA Slashes Oil Demand View
The International Energy Agency cut forecasts for oil demand this year and warned consumption may decline further in the coming months.
Lebanon issues new provisions for solar up to 1.5 MW
Lebanon has introduced new permitting and safety rules for PV systems up to 1.5 MW, establishing municipal oversight and technical requirements for installations. The post Lebanon issues new provisions for solar up to 1.5 MW appeared first on pv magazine Global .
Houthis Advance on Bab al-Mandeb as Saudi Oil Route Comes Under Threat
Politics, Geopolitics & Conflict Yemen's Houthis captured the Red Sea port of Mocha on Thursday, taking the approach to the Bab al-Mandeb Strait, which connects the Red Sea (and the Suez Canal, beyond it) to the Gulf of Aden and the Indian Ocean. Bab al-Mandeb is 12 miles wide and carries 6.2 million barrels of oil and refined products a day (plus ~80% of the LNG shipped north to Europe). Houthi attacks made these waters unsafe for shipping in 2024, and Suez Canal revenue fell more than 60% that year, costing Egypt $7B. Houthi forces also captured…
Vostok Oil: One Tanker, Four Trillion Rubles
Every headline number behind Vostok Oil — from the tanker fleet and shipping target to the resource base and flagship well — has failed to survive contact with what Rosneft has actually drilled, built, or shipped. Four trillion rubles into the project, Rosneft has filled a single tanker. The Valentin Pikul spent 84 days moored at Bukhta Sever's single loading berth before its cargo was loaded for the run to China along the Northern Sea Route. Its sister ship, the Akademik Gubkin, is right behind it. Rosneft's own operating plan calls…
USA Diesel Hits $6 Per Gallon for First Time Ever
'It is a level diesel has never reached', GasBuddy said.
Array Technologies triples its U.S. manufacturing footprint
The Albuquerque solar tracker manufacturing facility will employ about 300 people and enable it to bring production in house rather than sourcing components from other suppliers. The post Array Technologies triples its U.S. manufacturing footprint appeared first on pv magazine Global .
Solarize Africa: The case of Madagascar
Madagascar’s diesel-dependent power system faces high costs and chronic blackouts, making solar PV and battery storage an increasingly attractive route to reliable, affordable electrification. Five solar-diesel hybrid projects demonstrate that PV can significantly reduce fuel consumption and electricity prices, offering a scalable model for Madagascar and wider sub-Saharan Africa. The post Solarize Africa: The case of Madagascar appeared first on pv magazine Global .
‘I make a point of thanking people for asking critical questions and disagreeing openly’
This week, Women in Solar+ Europe gives voice to Hanna König, Head of Division Project Execution, at Germany's Enertrag SE. She says the most important element of an inclusive organisational culture is ensuring that everyone feels safe to contribute ideas and opinions, particularly when they disagree with the majority or with people in more senior positions. The post ‘I make a point of thanking people for asking critical questions and disagreeing openly’ appeared first on pv magazine Global .
Sunny north and cloudy south as Super El Niño defines South American winter
In a new weekly update for pv magazine , Solcast, a DNV company, reports that Super El Niño drove a sharp north–south irradiance divide across South America in winter 2026, with sunnier conditions in the north and persistent cloud reducing solar irradiance across much of the south. Two rare August snowstorms in Chile’s Atacama Desert also caused likely snow-related losses for solar PV assets, alongside severe rainfall, flooding, and mudslides. The post Sunny north and cloudy south as Super El Niño defines South American winter appeared first on pv magazine Global .
South Korea forecast to add 3.5 GW of solar in 2026
The Export–Import Bank of Korea says the country is on track to add more this solar this year than last year, as the Korean government works on developing a distributed power grid that facilitates greater integration of distributed energy resources. The post South Korea forecast to add 3.5 GW of solar in 2026 appeared first on pv magazine Global .
Chinese PV Industry Brief: Tongwei clears antitrust hurdle for acquisition of polysilicon competitor Qinghai Lihao
In other news, Longi said its operating conditions are expected to improve after a CNY 3.68 billion ($542 million) first-half loss, while GCL SI and Ant Digital Technologies agreed to develop an AI-enabled carbon-management platform. JinkoSolar, meanwhile, proposed renaming its overseas parent Jinko Holdings Limited as it expands beyond solar manufacturing into strategic investments. The post Chinese PV Industry Brief: Tongwei clears antitrust hurdle for acquisition of polysilicon competitor Qinghai Lihao appeared first on pv magazine Global .
The Hydrogen Stream: AEM electrolysis could deliver hydrogen at $3.27/kg, say Repsol, P2HP
Power to Hydrogen (P2H2) and Repsol completed a 1,250-hour pilot of P2H2’s hybrid AEM electrolyzer technology, demonstrating operation at 40% to 100% load, pressures up to 30 bar and hydrogen purity of up to 99.9%. P2H2 projects an LCOH of €3.86 ($4.47)/kg, potentially falling to €2.82/kg under optimized renewable energy conditions, and the companies are considering a 500 kW-to-MW-scale demonstration. The post The Hydrogen Stream: AEM electrolysis could deliver hydrogen at $3.27/kg, say Repsol, P2HP appeared first on pv magazine Global .
What if the Assumptions Embedded in the Oil Curve Are Wrong?
What if the assumptions embedded in the oil curve are wrong - J.P. Morgan analysts, including Natasha Kaneva, J.P. Morgan's Head of Global Commodities Strategy, ask.
Factcheck: Reform UK’s 45 false or misleading claims about climate and energy
Reform UK, led by Nigel Farage, has emerged as a major force in UK politics in recent years – pushing… The post Factcheck: Reform UK’s 45 false or misleading claims about climate and energy appeared first on Carbon Brief .
Saipem Signs New Preliminary Contract for Rovuma LNG
A consortium of Belgium's Jan De Nul and Italy's Saipem signed a letter of intent with ExxonMobil for the upstream infrastructure of the planned Rovuma LNG project in Mozambique.
Greenly Acquires Normative as Carbon Accounting Consolidation Accelerates
Carbon accounting and management solutions provider Greenly announced today the acquisition of carbon accounting software […]
China wafer prices fall as August rally fades, polysilicon outlook remains uncertain
In a new weekly update for pv magazine , OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry. The post China wafer prices fall as August rally fades, polysilicon outlook remains uncertain appeared first on pv magazine Global .
Gulf States Mull Hormuz Talks with Iran
Oman is aiming to get foreign ministers from the Gulf Cooperation Council and Iran together, according to a person familiar with the matter.
Revealed: More than 1,000 NHS operations cancelled due to record UK heatwaves
More than 1,000 operations at NHS hospitals were cancelled due to heat during the UK’s record May and June heatwaves,… The post Revealed: More than 1,000 NHS operations cancelled due to record UK heatwaves appeared first on Carbon Brief .
AI Boom to Boost Southeast Asia’s LNG Demand
Demand for liquefied natural gas (LNG) in Southeast Asia has found a new major driver apart from the years-long efforts to switch away from coal-fired power generation. The AI boom and the data center construction in Asia are set to materially change Southeast Asia’s LNG demand outlook with a significant upside, as combined-cycle gas turbines (CCGT) remain the most reliable 24/7 power provider for hyperscalers amid relatively immature renewable energy-plus-batteries across the region, analysts at Wood Mackenzie say. As a result of the higher…
Why The United States’ Belated Critical Minerals Gambit Won’t Stop China
U.S. President Donald Trump has undertaken the most aggressive federal intervention in the critical minerals and rare earth sectors ever since he returned to the Oval Office, announcing a flurry of deals as Washington desperately tries to counter China’s dominance in minerals that are powering the energy transition and AI boom. The deals included a hodgepodge of equity and debt packages with dozens of rare earths companies, with MP Materials (NYSE:MP) and U.S. Rare Earths (NASDAQ:USAR) some of the key beneficiaries. Last month, Trump unveiled…
Higher Oil Prices Let Mexico Pull Back Billions in Pemex Support
Mexico’s government is slashing financial assistance for the state energy major by as much as 70% despite Pemex’s continued struggle to pay down debt and boost production. The decision rests on expectations that the company will benefit from the oil and gas price rally spurred by the U.S. and Israeli war against Iran. Per a Bloomberg report from this week, the government of Mexico sees Pemex posting a rare cash surplus of some 95 billion pesos, or around $5.63 billion, as a result of the oil price rally. Based on those expectations,…
OPEC Sees Oil Demand Growth Explode Sixfold in 2027
OPEC now expects global oil demand growth to jump from just 380,000 barrels per day this year to 2.36 million bpd in 2027—a more than sixfold increase in the space of a year. The cartel trimmed its 2026 demand-growth forecast in its September Monthly Oil Market Report, putting total consumption this year at 105.84 million bpd. For 2027, OPEC raised its forecast, with global demand expected to reach 108.19 million bpd. The swing is especially stark in China. OPEC expects Chinese oil demand to grow by only 10,000 bpd this year, leaving consumption…
How China Became the World's First Electrostate
More Top Reads From Oilprice.com Diesel Crunch Set to Worsen as Refining Capacity Falls Short, Industry Warns Russia Strikes Moldova Border as Ukraine Hits Black Sea Port Permian Gas Has Been Worth Less Than Nothing for 118 Days This Year
Russia's Crude Output Fell in August
Russia's production of crude oil shrank in August.
Copper Stocks Sink as White House Tariff Uncertainty Spooks Traders
Copper future and related stocks plunged on Thursday morning after a Reuters report said that the White House's "copper tariff plan stalls amid affordability concerns." The Trump administration has yet to decide whether to impose tariffs on refined copper, sending copper prices around the world to record highs this summer as physical copper flooded US warehouses. The report from the outlet: The White House has not yet made a decision on refined copper tariffs as officials juggle concerns that higher prices for the red metal could…
Oil Soars as Hormuz Risks Rattle Markets
Brent surged more than 6% to $107.63 as escalating Middle East tensions heightened global supply concerns.
US Natural Gas Market Verging on Record Growth
US natural gas production is projected to reach a record high of 111.7 billion cubic feet per day (bcfd) in 2026, up from 107.6 bcfd in 2025, according to the U.S. Energy Information Administration (EIA). By 2027, domestic supply is expected to hit 115.9 bcfd. But that’s only half the story. Over the next two years, US natural gas supply and demand will both rise to record levels, the EIA states in its Short-Term Energy Outlook. Domestic gas consumption is projected to rise from a record 91.9 bcfd in 2025 to 111.7 bcfd in 2026 and 115.9 bcfd…
EIA Raises 2027 U.S. Oil Output Forecast
The U.S. Energy Information Administration has raised its forecast for U.S. crude oil production in 2027 to 14.3 million barrels per day, up from 14.2 million bpd in August and 14.0 million bpd in July. For 2026, EIA is still calling for 13.8 million bpd, unchanged from its July and August forecasts. That would top the 13.7 million bpd record set in 2025. U.S. production averaged 13.7 million bpd during the first half of this year, up 300,000 bpd, or 2%, from the same period last year. Most of that increase came from the Permian and the U.S. part…
Russian Mobilization Rumors Ripple Across Central Asia
Kyrgyzstan and Kazakhstan are introducing new procedures for foreign visitors. Some local observers believe the moves are connected to a fresh influx of Russians amid rumors that the Kremlin may order a general military mobilization. A Kyrgyz government decree outlines plans to implement a tracking system to ensure foreigners adhere to migration rules. Those who violate length-of-stay requirements will be barred from returning for a set period, as determined by the number of days a citizen of a given country can stay in Kyrgyzstan…
U.S. Crude Inventories Fall As Brent Prices Soar
Crude oil inventories in the United States saw a decrease of 400,000 barrels during the week ending September 4, according to new data from the U.S. Energy Information Administration (EIA) released on Thursday. The decrease brings commercial stockpiles to 424.1 million barrels, according to government data, which are now on par with the five-year average for this time of year. The EIA’s data release follows API’s figures that were released a day earlier, which reported that crude oil inventories had fallen by 300,000 barrels in the…
The Race to Cut Methane Emissions Is Exposing a Global Divide
Several countries worldwide have been working to reduce methane leaks, with some states making significantly more progress than others. The establishment of the Global Methane Pledge in 2021 at the COP26 climate summit has helped accelerate cleanup efforts; however, many countries are still falling behind on their methane-cutting pledges. Now, one of the world’s biggest methane polluters – Turkmenistan – is aiming to plug its mega leaks, which would help reduce global methane emissions and could encourage other countries to do…
Enbridge to Acquire Tallgrass Pipelines for $2.55B
The acquisition includes a 75 percent stake in the Pony Express Pipeline, which carries up to about 460,000 barrels per day of Rockies production to Cushing, Oklahoma.
Senegal to Offer 109 Oil and Gas Blocks to Investors
Senegal will offer to local and foreign investors as many as 109 oil and gas blocks, Energy and Petroleum Minister, El Hadji Abdourahmane Diouf, has said. Only four out of the West African country’s 113 oil and gas blocks are currently contracted, the official told a local TV channel. “The remaining 109 will be put on the market,” the minister said, as carried by Reuters. “The president’s plan is to create local leaders in the energy, oil and gas sectors,” Diouf added. [GooglePreferredSource] Several oil and…
Climeworks Doubles CO2 Capture Performance at Iceland Carbon Removal Plant
Zurich-based Carbon removal solutions provider Climeworks announced a series of performance improvements at its “Mammoth” direct […]
NextEra Energy Seals $1.9B DOE Loan to Restart Iowa Nuclear Plant
The Trump administration has now financed three nuclear power plant restarts.
Permian Gas Has Been Worth Less Than Nothing for 118 Days This Year
Outside Pecos, Texas, Chevron is getting ready to build a power plant to solve a problem the Permian Basin has been stuck with for years, which is that it produces far more natural gas than anyone nearby is willing to pay for. Chevron's subsidiary, Energy Forge One, signed a 20-year agreement with Microsoft in June to build a gas-fired plant beside a data center campus, ramping up to roughly 2.67 gigawatts. The final investment decision is due by the end of this year, with power flowing in 2028. One deal in one county doesn't make a trend,…
Twelve Secures $45 Million Financing for CO2-Based Clean Fuels Plant
Carbon transformation-focused cleantech company Twelve announced that it has secured a credit facility of up […]
Two Historic USA Fuel Records Fall
Two 'historic' fuel records fell recently, a blog posted on GasBuddy's website on Tuesday outlined.
IEA: Global Coal Demand Set to Hit Record High as Iran War Chokes LNG Supply
Soaring LNG prices due to the Strait of Hormuz blockage are prompting economies to shift to alternative energy sources, pushing coal demand to a another record high this year, the International Energy Agency (IEA) said in a new report on Thursday. The surge in LNG prices have pushed markets including China, India, Japan, South Korea, and even Europe, to rely more on coal-fired capacity for electricity generation, the IEA said in its new Coal Mid-Year Update 2026. The Middle East is not a major exporter of coal, so global coal shipments weren’t…
Iran, USA Brace for Long War
Iran and the U.S. are digging in for a protracted war.
Russia Strikes Moldova Border as Ukraine Hits Black Sea Port
A Russian drone attack targeted a border crossing between Ukraine and Moldova, killing two people and injuring three others, while Russian drones also struck in Kyiv, as Moscow continues its campaign of near-continuous strikes across Ukraine. The Russian attack on the Starokazache–Tudora border crossing in Ukraine's Odesa region on September 9 damaged checkpoint infrastructure, vehicles, and buildings, sparked a major fire, and forced the evacuation of 16 people, Ukraine's State Border Guard Service reported. Moldovan authorities condemned…
Midsummer, Indonesian firm sign deal for CIGS thin-film solar manufacturing plant
Midsummer's minority stake in a new Indonesian joint venture marks its second copper indium gallium selenide (CIGS) manufacturing partnership abroad, following a similar equipment-and-know-how deal in Colombia and a decision to shelve its own planned Swedish factory. The post Midsummer, Indonesian firm sign deal for CIGS thin-film solar manufacturing plant appeared first on pv magazine Global .
Google Signs its Largest-Ever Superpollutant Carbon Credit Deal
Google announced today that it has signed a new agreement with startup Mitti Labs to […]
McDermott Wins Contract for Eni's Cronos Project offshore Cyprus
The Houston-based company received a 'substantial' contract from Eni for Cyprus' first hydrocarbon development.
Guest post: How extreme heat is ‘creeping’ from summer into autumn and spring
Extreme heat is one of the deadliest climate hazards, but no two heatwaves are the same. Heat extremes that happen… The post Guest post: How extreme heat is ‘creeping’ from summer into autumn and spring appeared first on Carbon Brief .
Romania allocates €650 million for solar, storage at public buildings
New subsidy schemes in Romania will cover up to 100% of the costs associated with installing solar-plus-storage at public institutions, or with adding storage to existing PV installations. Calls for proposals open tomorrow. The post Romania allocates €650 million for solar, storage at public buildings appeared first on pv magazine Global .
Whirlpool Procures Multi-Technology Carbon Removal Portfolio
Climate solutions provider ClimeFi announced that it is working with home appliance manufacturer Whirlpool to […]
EU Faces Worst Gas Storage Position in Decades, WoodMac Says
Wood Mackenzie warned that Europe faces its 'weakest' winter gas storage position for nearly two decades.
EU Lawmakers Propose Tougher Fossil Fuel Rules for New SFDR Transition Investment Category
Lawmakers on the European Parliament’s Economic and Monetary Affairs Committee voted today on its proposed […]
Dsm-firmenich Appoints Inge Massen-Biemans as New Chief Sustainability Officer
Swiss nutrition, health and beauty company dsm-firmenich announced today the appointment of Inge Massen-Biemans as […]
Japan’s Idemitsu sets up U.S. lab for space-grade CIGS solar cells
The Japanese oil refiner says its development laboratory in South Carolina will conduct prototypes of space-grade copper indium gallium-selenide solar cells as it works toward commercialising the technology. The post Japan’s Idemitsu sets up U.S. lab for space-grade CIGS solar cells appeared first on pv magazine Global .
UK aviation emissions to be 50% higher than thought by 2050, government admits
The UK government has slashed its hopes for electric planes and “sustainable aviation fuels” (SAFs), ahead of giving the green… The post UK aviation emissions to be 50% higher than thought by 2050, government admits appeared first on Carbon Brief .
TotalEnergies Makes New Discovery offshore Angola
TotalEnergies announced a discovery in Block 17 off Angola's Atlantic coast, which it expects to put into production this quarter.
Merchant BESS switched on at operational solar site in Romania
Econergy has launched commercial operations at its 70 MW/141 MWh Părău 1 battery project in Romania, paired with an existing 92 MW solar plant to create a 162 MW hybrid site. The fully merchant BESS can charge from the grid during low or negative prices, with Econergy expecting €9.7 million in storage revenue. The post Merchant BESS switched on at operational solar site in Romania appeared first on pv magazine Global .
Oil Closes at Highest Level in 4 Months
The Brent oil price closed at $101.21 per barrel on Wednesday.
Suriname tenders solar-storage minigrids
A tender is open in Suriname for the design, supply and installation of solar-storage minigrids and water infrastructure for rural communities across the country. The deadline for bids is October 30. The post Suriname tenders solar-storage minigrids appeared first on pv magazine Global .
Two-step process turns end-of-life PV backsheets into supercapacitor electrodes
Chinese researchers have developed a two-step process to recycle waste TPT solar backsheets into hierarchical porous carbon for supercapacitor electrodes. The resulting material achieved a specific capacitance of 469 F/g and retained 92.4% of its initial capacitance after 10,000 cycles. The post Two-step process turns end-of-life PV backsheets into supercapacitor electrodes appeared first on pv magazine Global .
Standard Chartered Launches Platform to Help Suppliers to Track, Reduce Carbon Footprint
International banking group Standard Chartered announced the launch of Supply Net Zero, a new free […]
Longi, Soochow University unveil 34.0% perovskite-silicon tandem solar cell based on dual-anchored interfacial design
Soochow University and Longi researchers developed a ZrO₂ interfacial strategy that reduces recombination and leakage while improving charge extraction in perovskite-silicon tandem solar cells. The resulting device achieved 2.014 V open-circuit voltage and retained 84% of its initial efficiency after 2,000 hours. The post Longi, Soochow University unveil 34.0% perovskite-silicon tandem solar cell based on dual-anchored interfacial design appeared first on pv magazine Global .
Iran Says Ready for Escalation after Trump Warning
'The war is going to end immediately after the election because they can't hold out any longer', Trump said.
South Korea sets up committee to rebuild domestic solar manufacturing
The South Korean government has launched a committee to rebuild the country's domestic solar supply chain and push next-generation cell technology, as Chinese manufacturers continue to gain ground in its home market. The post South Korea sets up committee to rebuild domestic solar manufacturing appeared first on pv magazine Global .
WattPower introduces 506 kW grid-forming inverter for utility-scale solar
WattPower says its 506KTL inverter has a maximum efficiency of 99.1% and a European efficiency of 98.8%. The post WattPower introduces 506 kW grid-forming inverter for utility-scale solar appeared first on pv magazine Global .
Thailand paves the way for 10 GW of rooftop solar
Thailand’s new Power Development Plan targets 50% clean energy within 10 years and another 10 GW of rooftop solar. The post Thailand paves the way for 10 GW of rooftop solar appeared first on pv magazine Global .
Oil Breaks $100—and This Rally Has Legs
For months, crude oil prices have been constrained by reports of improving tanker traffic in the Strait of Hormuz. Even after the June ceasefire between Iran and the United States collapsed, tankers moving in and out of Hormuz have been moving at rates higher than in the spring. This has now changed with the latest escalation in the chokepoint, sending Brent crude above $100 per barrel on Wednesday morning. For months, analysts have been warning that Brent crude could surge to over $100 per barrel and stay there for an extended period of time.…
Canadian Oil Pushes Deeper Into U.S. Gulf Coast Market
For decades, the United States has been Canada’s most important energy partner, absorbing the lion’s share of its oil and gas production. After meeting its domestic refining needs, Canada exports ~80% of its crude output, with roughly 90% going to the U.S. thanks to integrated oil infrastructure built over more than 70 years. In 2024, Canada exported crude oil, NGLs and natural gas worth $160 billion, with Canadian oil accounting for more than 60% of U.S. crude imports. In 2025, Canada exported a record 4.3 million bpd of crude, with…
The Commodity Bull Market Just Entered a Dangerous New Phase
Readers are familiar by now with the broad-based commodity rally, with energy, agricultural products and metals moving sharply higher as former Goldman Sachs commodities head Jeff Currie warned this summer of growing scarcity in the physical economy. The Bloomberg Commodity Index has climbed to levels last seen in 2012... ... while the Quantix Commodity Index has hit a new record high. Bloomberg macro strategist Simon White is out with a new note this morning warning that the commodity rally is threatening…
U.S. Crude Stocks Edge Lower as Oil Tops $100
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 300,000 barrels in the week ending September 4. In the week prior, US crude oil inventories fell by 2.6 million barrels. Commercial crude oil inventories excluding the SPR have lost just over 48 million barrels over the last 21 weeks, with US crude inventories up 2.8 million for the year, according to API data, kept in check by draws from the SPR. For the week ending September 4, another 1.2 million barrels left the SPR to aid commercial inventories,…
Negative Power Prices Are Piling Up Across Europe
Europe desperately needs to ramp up its energy storage capacity if it wants to avoid another energy crisis. In the wake of Vladimir Putin's invasion of Ukraine back in 2022, the European Union made major strides in building up its own energy production capacities in an effort to wean itself off of Russian oil and gas. Much of this buildout has been in the form of wind and solar energy, which is great news for energy independence and the bloc's climate goals, but poses key challenges in terms of energy security. As more and more of Europe's energy…
Mexico Slashes Pemex Aid by 70 Pct in Budget
Mexico plans to cut financial support for state-owned Petroleos Mexicanos by nearly 70 percent next year.
U.S. Administration Eyes Venezuela’s Critical Minerals
After signing what President Donald Trump touted as “the biggest oil deal in world history” to take majority control of 65 billion barrels of proven crude oil reserves in Venezuela, the U.S. Administration is setting its sights on the South American country’s potentially vast gold and critical minerals wealth. The Trump Administration is weighing measures to involve U.S. companies in Venezuela’s gold and critical minerals and has held initial meetings with firms to see if there is interest in engaging in the Venezuelan mining…
Oil Surges as Attacks Escalate
Brent reached $101 as Middle East disruptions, falling inventories and renewed Chinese buying tightened markets.
Britain Can Save £500 by Scrapping Net Zero, If It Ignores Most of the Bill
A new British report offers households an attractive deal: abandon net zero and save more than £500 a year. At a time of painfully high energy bills, that claim deserves attention. A transition households cannot finance will eventually lose political support. But the £500 promise is not really a household-cost calculation. It models a cheaper-looking electricity system, excludes costs outside it, assumes fewer cars and homes electrify, and translates the total into a household-sized headline. The report identifies genuine weaknesses…
Belarus Refineries Post Decade-High Profits Amid Russia's Fuel Crisis
Belarusian oil refineries recorded their highest profitability in a decade in 2026, according to the independent Pozirk news agency, as Russia's refining crisis pushed record volumes of gasoline and diesel across the border. Belneftekhim head Ilya Ikan credited the results to "favorable conditions in foreign markets, primarily in the eastern direction," adding that reserve capacity came online for round-the-clock operations in June and July. Belarusian gasoline shipments to Russia rose 25-fold over the first seven months of 2026 compared with the…
U.S. Moves to Isolate Iran’s Aviation Sector From the Global Economy
The United States has imposed sanctions on all of Iran's remaining active airlines, sharply escalating pressure on Tehran's aviation sector as part of a broader campaign aimed at cutting the Islamic Republic off from international trade and finance. The US Treasury Department on September 8 sanctioned 36 targets, including 27 Iranian airlines, as well as foreign companies and an individual accused of helping Iran's sanctioned aviation networks procure aircraft, aircraft parts, and other technology. The action marks the first time Washington has…
Suniva raises $835 million to drive 4.5 GW in new solar cell capacity
The domestic solar cell manufacturer is building a new $600 million facility in Laurens County, South Carolina, with a planned opening in late 2027 and an expected 564 manufacturing jobs at full capacity. The post Suniva raises $835 million to drive 4.5 GW in new solar cell capacity appeared first on pv magazine Global .
Uganda Launches New Crude Grade as First Oil Exports Near
Uganda is approaching its entry into the oil export market, but getting its new Pearl Sweet grade to buyers will be harder than its low sulphur content might suggest. The country’s two projects are expected to produce 230,000 b/d at plateau, opening a yet untapped revenue stream for the landlocked economy. Yet the crude’s high wax content requires heating from the production facilities through to its destination, adding costs and narrowing the pool of buyers. With production deadlines slipping and the export pipeline still incomplete,…
Google Bets €13 Billion on Finland to Power AI Boom With Nuclear Energy
Google will invest at least €13 billion ($15.1 billion) in Finnish AI infrastructure over 2027 and 2028 and has signed a 22-year power purchase agreement with Fortum for up to 50% of the output from the Loviisa nuclear plant, Google's first nuclear power contract outside the United States, the companies said Wednesday. The Fortum agreement funds a life-extension and upgrade program that keeps Loviisa running through 2050. Without it, the plant, which supplies about 10% of Finland's electricity and employs nearly 600 people, would have had…
Bank of England Warns Iran War Could Push UK Inflation Above 4%
Bank of England governor Andrew Bailey has warned inflationary pressures are still buffeting the UK economy and energy prices could rise further next year if the war in Iran continues. Speaking to MPs on Tuesday, the Bank chief said inflation risks were “to the upside” and energy prices “could be higher still” due to the conflict, which has triggered a surge in oil prices and stoked inflation fears globally. “The conflict is still going on and it is also causing a high level of energy prices and quite a bit of…