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Found 2018 articles
Solar and wind developers struggling with grid connectivity may soon receive relief from transmission charges, as the Indian government moves to protect projects stalled by infrastructure shortages. The Central Electricity Regulatory Commission is evaluating a waiver specifically for developers who secured seven-year power sale contracts before the end of this year.
A 20.2 per cent drop in domestic passenger vehicle sales during the first half of 2026 has forced the China Passenger Car Association to slash its annual retail forecast. While the home market faces its most difficult period since 2021, local manufacturers are aggressively pivoting toward international growth to offset cooling demand.
A Greek-owned liquefied natural gas carrier emerged from the Strait of Hormuz over the weekend following an unspecified incident that triggered emergency protocols. While the vessel, Gas Log Shanghai, remains stable and its crew accounted for, the event highlights the persistent volatility surrounding this critical global energy chokepoint.
Global crude benchmarks shed over 5% in Monday’s early Asian trade after President Trump abruptly canceled retaliatory strikes against Iran. The shift away from military escalation, combined with reports of renewed diplomatic channels, has begun to strip away the geopolitical risk premium that defined a volatile July for energy markets.
China installed 360 gigawatts of wind and solar capacity in 2024 alone, cementing its position as the world’s largest producer of green energy. Yet, the nation simultaneously maintains its status as the global leader in coal expansion, creating a dual-track energy strategy that threatens its long-term carbon neutrality goals.
In the fast-moving currents off Cape Cod, an Alaska-based startup is testing a modular turbine designed to finally unlock the massive potential of American tidal energy. While the National Renewable Energy Laboratory estimates marine resources could meet 57 percent of national electricity demand, the U.S. currently hosts zero commercial tidal plants.
The rapid expansion of artificial intelligence is frequently framed as a runaway supply crisis, yet the true challenge lies in the grid's inability to absorb massive, concentrated demand. While data centers are expected to consume 950 TWh by 2030, the real bottleneck is not the total volume of electricity, but its rigidity.
Suriname is transitioning into a significant South American energy player as the GranMorgu deepwater project clears final hurdles. Following years of technical delays and economic instability, the nation now anticipates a $26 billion fiscal boost, positioning its offshore reserves to capitalize on tightening global energy markets.
While the Vaca Muerta shale patch in Neuquén province hits record production levels, the rest of Argentina remains mired in economic contraction. This growing divide between the booming energy sector and the struggling national market poses a significant challenge for President Javier Milei’s administration as it faces upcoming elections.
California startup Reflect Orbital has secured FCC approval to test a satellite equipped with an 18-meter mirror designed to beam sunlight back to Earth at night. While the company markets the technology as a breakthrough for solar energy, the project has triggered a firestorm of opposition from the global scientific community.
Starting in October, the Bank of England will no longer accept bonds linked to thermal coal as collateral for commercial bank loans. This quiet shift in policy classifies coal-related assets as high-risk, signaling a significant move by a major central bank to insulate its balance sheet from fossil fuel depreciation.
In the small Finnish town of Pornainen, a new facility is tackling Europe’s energy storage crisis using one of the most abundant materials on Earth. By commissioning the world’s largest sand battery, local officials are demonstrating a way to heat homes without relying on rare earth minerals or complex chemical supply chains.
A fragile status quo between eastern commander Khalifa Haftar and Tripoli Prime Minister Abdul Hamid Dbeibah is fraying, not from military escalation, but from the rising discontent of a population long sidelined by their corrupt power-sharing schemes. For six years, this divide has secured personal wealth for two rival camps.
Securing 142 votes in June, Kyrgyzstan has earned a two-year seat on the United Nations Security Council. This milestone marks only the second time a Central Asian nation has held a position on the world’s most influential security body, forcing Bishkek to balance regional interests against complex geopolitical pressures.
Donald Trump’s July 8 order to halt trade with Spain is moving beyond political posturing, placing Madrid’s energy security in a precarious position. Following Spain’s refusal to hike defense spending or join operations against Iran, Washington is weighing export restrictions that could jeopardize the crude oil and LNG supplies essential to the Spanish economy.
Former U.S. Secretary of State John Kerry argues that energy insecurity represents a graver danger to European stability than any conventional military threat. Despite recent NATO commitments to boost defense spending in Ankara, Kerry contends the alliance maintains a dangerous blind spot by neglecting the energy crises currently destabilizing the continent.
Global coal consumption climbed to a record 166.0 exajoules in 2025, a 0.7% increase that defies expectations of a rapid global phaseout. While absolute usage rose, the fuel’s share of the total energy mix actually slipped, highlighting a deepening divide between industrial reliance in Asia and the energy transition in the West.
Ukrainian intelligence has extended its operational reach to the Caspian Sea, targeting cargo ships suspected of ferrying military hardware from Tehran to Moscow. The strikes, which allegedly damaged vessels and a Russian missile boat, mark a significant tactical shift that risks drawing Iran into a direct confrontation with Kyiv.
The recent strike on Saudi Aramco’s Abqaiq complex exposes a critical vulnerability in the global energy supply chain. While international oil prices remain restrained, the incident reveals that the Kingdom’s carefully constructed export architecture is no longer the impenetrable backstop traders and investors have historically assumed it to be.
Global investment in nuclear fusion and fission startups has surged to over $4.5 billion in 2026, putting the sector on track to shatter previous annual records. Driven by the energy-intensive demands of artificial intelligence, both private tech giants and the U.S. federal government are aggressively backing next-generation nuclear deployment.
A 6.5 percent surge in trade between China and Central Asia during the first half of 2026 masks volatile shifts across the region, according to data from the PRC’s General Administration of Customs. While total turnover reached $52.94 billion, the gains were unevenly distributed, revealing stark economic imbalances between the five nations.
Starting November 1, 2026, the Abu Dhabi National Oil Company will transition its entire crude portfolio to a prompt-month pricing methodology. By moving away from forward-looking futures contracts, ADNOC aims to align its pricing for Murban, Das, Upper Zakum, and Umm Lulu grades with the real-time needs of Asian refiners.
Saudi Arabia is moving to establish a multinational maritime coalition to secure Red Sea shipping lanes, a direct response to escalating Houthi attacks. While Brent crude faces an 8% weekly decline, persistent volatility in the Strait of Hormuz and regional drone activity keep prices anchored near $90 per barrel.
With West Texas Intermediate hovering near $85 per barrel, American oil producers added a single active drilling rig this week, bringing the national count to 451. Despite this marginal uptick in exploration, domestic crude output slipped slightly to 13.796 million barrels per day, reflecting a sector balancing growth against market volatility.
Two drones breached heavily guarded Mediterranean airspace on Wednesday, striking the U.S.-owned Energos Winter and an adjacent gas-processing vessel at Egypt’s Damietta port. The attack forced both ships offshore, ignited fires, and exposed critical vulnerabilities in the nation’s energy infrastructure amid a volatile regional conflict.
Seventeen million barrels of fuel per day are flowing out of American refineries, the highest volume since 2019, yet global shortages intensify. While record crack spreads incentivize maximum production, the world remains gripped by a fuel crisis that crude oil inventory headlines consistently fail to address.
With pump prices averaging $4.11 nationwide, President Donald Trump has demanded an explanation for the disconnect between his target of $2.25 per gallon and the record-breaking financial performance of the nation’s two largest oil companies, which collectively hauled in $26.5 billion during the second quarter.
A fresh wave of Ukrainian drone strikes targeted the Volgograd refinery on Friday, marking a return to the strategic campaign against Russian oil infrastructure. The facility, capable of processing 300,000 barrels of crude daily, serves as a critical node for producing gasoline, diesel, and jet fuel across the region.
Crude oil markets are swinging on the razor's edge of geopolitical volatility, with WTI futures down over 7% this week as traders struggle to price the reality of the Strait of Hormuz. The initial retreat fueled by diplomatic optimism gave way to a sharp reversal when direct military engagements reignited.
China is on the brink of a historic energy shift, with solar power capacity set to overtake coal-fired generation this quarter. According to the China Electricity Council, solar reached 1,274 gigawatts by late June, closing a narrow gap with the 1,275 gigawatts of coal infrastructure currently anchoring the national grid.