INTEnergy Newsoilprice:oilprice-article-44772ActualitésIn force

China's Battery Giant Bets Big on Sodium as Lithium Volatility Persists

The world’s largest battery maker is taking a step back from the eclectic vehicles sector to refocus its efforts on energy storage. China’s Contemporary Amperex Technology Co. Ltd. (better known as CATL) has been building up its energy storage portfolio for years now, but the company’s transition away from EVs and toward energy systems has been supercharged by the artificial intelligence boom. Five years ago, just 2 percent of CATL’S sales came from battery storage. Today, storage accounts for a full quarter of the megacompany’s…

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INTEnergy Newsoilprice:oilprice-article-44766ActualitésIn force

The Billion-Dollar Debt Deals Exposing an Oil Giant

Last week, Angola's state oil company, Sociedade Nacional de Combustíveis de Angola (Sonangol), secured a $2.65-billion financing deal with a consortium of international banks to fund the company's operating expenses and capital investments. The financing was heavily backed by a syndicate of foreign lenders including Société Générale, First Abu Dhabi Bank, Standard Bank of South Africa and Absa, while local Angolan banks, including Banco Fomento de Angola (BFA), Banco Millennium Atlântico and Banco Angolano…

il y a 5 heures

INTEnergy Newsoilprice:oilprice-article-44770ActualitésIn force

AI Demand, War, and Climate Pressure Push World Back To Nuclear

Global energy markets are in turmoil as energy crises keep piling up. The energy-hungry AI boom, war in Iran, geopolitical instability, and climate pressures are creating a polycrisis for the global energy sector, and it’s just getting started. To solve multiple overlapping crises, we will need multiple overlapping solutions. An all-of-the-above solution to increasing energy security is therefore gaining favor on a global scale as the precariousness of over-reliance on limited energy supply chains becomes dangerously clear. While fossil fuels…

il y a 7 heures

INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/uk_grid_issues_another_supply_warning-26-jun-2026-184002-article/?rss=trueActualitésIn force

UK Grid Issues Another Supply Warning

The UK grid operator issued a second power supply warning for Friday evening.

il y a 7 heures

INTEnergy Newsrigzone:https://www.rigzone.com/news/wire/crude_falls_on_rising_gulf_supplies-26-jun-2026-184005-article/?rss=trueActualitésIn force

Crude Falls On Rising Gulf Supplies

Oil prices fell sharply as rising Strait of Hormuz traffic and increasing Persian Gulf exports fueled oversupply concerns.

il y a 8 heures

INTEnergy Newsoilprice:oilprice-article-44765ActualitésIn force

The IAEA Faces a New Nuclear Puzzle Inside Iran

Amid an ongoing row between Washington and Tehran over whether international monitors can verify Iranian compliance with its nuclear nonproliferation commitments, former officials have told RFE/RL that the scale, scope, and degree of access are crucial to the success of inspections. Details on those have yet to be determined, though Raffael Grossi, head of the International Atomic Energy Agency (IAEA) said the UN body "will be working on the modalities -- dates, procedures, places -- very soon." That doesn't mean, according to experts, that the…

il y a 9 heures