Energy Market News & Updates
Stay informed with the latest developments in the global petroleum market. We curate essential news covering price fluctuations, geopolitical impacts, and supply chain shifts.
China Is Quietly Winning the Clean Energy Trade War
China’s clean energy dominance is growing. Buoyed by the skyrocketing energy needs and future projected demands of the a...
NASA Eyes Moon Base Powered by Solar Panels and Nuclear Reactors
With major plans for space travel, several governments are proposing lunar energy production, including solar and nuclea...
The AI Power Crisis Is Creating a Massive New Market for Fuel Cells
Data center developers are scrambling for reliable power, turning away from congested grids and toward on-site fuel cell...
Turkey Pushes Bold Global Plan to Electrify 35% of Energy Use by 2035
Turkey, the host of the UN’s COP31 climate summit, has urged other countries to electrify to support the global green tr...
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...
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, geopolitic...
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 ener...
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...
US Drillers Add Oil, Gas Rigs As Hormuz Transit Resumes
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that...
Equinor Pulls Out of Japan’s Offshore Wind Market
Equinor is ending its offshore wind business activities in Japan and will close its Tokyo office by the end of the year...
Canada and Japan Consider Joint Critical Mineral Projects to Counter China
Canada and Japan are considering cooperation in critical mineral projects and a potential plan of joint stockpiling of k...
Brent Erases Iran War Premium as Hormuz Flows Show Signs of Recovery
Oil prices tumbled as markets bet Strait of Hormuz disruptions will ease, with Brent down 10% on the week and Middle Eas...
Russia’s Fuel Crisis Is Pushing the Kremlin Toward Kazakhstan
Grappling with a severe shortage, Russia is seeking to purchase a significant volume of gasoline from neighboring Kazakh...
China Isn’t Giving Up On Coal Despite Green Energy Goals
Chinese authorities are not restricting coal power growth in the new five-year energy plan as Beijing doubles down on th...
Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit
European officials are expected to visit Baghdad in the coming weeks for high-level talks on energy cooperation, just ho...