INTEnergy Newsoilprice:oilprice-article-45515ActualitésIn force

Chinese Solar Panels Drop to 12 Cents a Watt, Rooftop Installs Surge Worldwide

Chinese-made photovoltaic panels cost 12 cents a watt in 2026, down from $5-$6 at the turn of the millennium, and that price collapse is now powering rooftop solar installations from Pakistani cement plants to Philippine homes and Australian suburbs, according to the Financial Times. A Pakistani cement giant has cut its power costs by up to 40% with solar at its production sites, and rooftop solar capacity in the Philippines has nearly doubled in a year. At the same time, Africa is on pace to install record gigawatts, and Australia has installed…

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Chinese-made photovoltaic panels cost 12 cents a watt in 2026, down from $5-$6 at the turn of the millennium, and that price collapse is now powering rooftop solar installations from Pakistani cement plants to Philippine homes and Australian suburbs, according to the Financial Times. A Pakistani cement giant has cut its power costs by up to 40% with solar at its production sites, and rooftop solar capacity in the Philippines has nearly doubled in a year. At the same time, Africa is on pace to install record gigawatts, and Australia has installed…

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INTEnergy Newsoilprice:oilprice-article-45514ActualitésIn force

Saudi Pipeline Outage Hits an Oil Market Running Out of Buffers

The war in Iran that had to be over and won by the United States in about six weeks is now in its seventh month and the oil markets are starting to crack. Gone are most of the cushions the market had in the early weeks and months of the Middle East conflict. The oversupply from early this year has disappeared as oil on water was drawn down quickly when the Strait of Hormuz was closed to tanker traffic in March. Record stock releases led by the International Energy Agency (IEA) depleted strategic inventories in developed economies, including in…

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Hormuz Risk Opens $40-Plus Price Gap Between Crude Grades

Back in late June, after the United States and Iran agreed to cease hostilities in the Persian Gulf for 60 days, oil prices took a dive. Two months later, Brent is trading at over $107 per barrel, and WTI is moving closer to $103, as a deep chasm opens up between the price for oil stuck in the Gulf and oil that can be moved with no threat of a drone or missile attack. Iraq, OPEC’s number-two producer, has suffered some of the most severe disruptions in its oil industry because of the war between the U.S. and Israel, and Iran. The country…

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INTEnergy Newsoilprice:oilprice-news-45515ActualitésIn force

U.S. Oil Inventories Jump as Cushing Stocks Keep Falling

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INTEnergy Newsoilprice:oilprice-article-45510ActualitésIn force

Sam Altman Is Selling Utilities the Cure for a Cyberattack His Own AI Helped Cau

The artificial intelligence boom is driving a new wave of autonomous cyberattacks, posing a major and growing threat to critical infrastructure, including the energy grid. Ninety percent of state government chief intelligence officers recently reported that cyberattacks on critical services – including threats to water and wastewater systems, hospitals, transportation, and energy and communication networks – is a matter of great concern, according to a new report from the National Association of State Chief Information Officers and…

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INTEnergy Newsoilprice:oilprice-article-45509ActualitésIn force

Texas Pumped Over a Quarter of All U.S. Natural Gas in 2025

U.S. gross natural gas withdrawals reached 47.7 trillion cubic feet in 2025, with a small group of states accounting for most of the total. Much of this output comes from prolific shale formations such as the Permian, Marcellus, Haynesville, and Eagle Ford. This map, via Visual Capitalist's Niccolo Conte, shows 2025 gross natural gas withdrawals by state and producing area using data from the U.S. Energy Information Administration, with the latest available 2024 figures used for five states. Gross withdrawals measure total well-stream production…

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