Goldman Sachs Says Global Oil Demand Takes Big Hit, Sees Risks to Price Forecast

Goldman Sachs said in a note on Friday that global oil demand has declined more than expected, posing two-sided risks to its fourth-quarter 2026 Brent crude price forecast of $90…

Russia’s Sechin Says U.S. Companies Benefit From the Closure of the Strait of Hormuz

Rosneft Chief Executive Igor Sechin said on Saturday that U.S. energy companies were the main beneficiaries of the closure of the Strait of Hormuz and that Washington was trying to…

Kiwa PVEL 2026 Scorecard Reveals Rising Solar Module Reliability Concerns Despite Strong Top Performer Growth

Representational image. Credit: Canva Kiwa PVEL has released its 12th annual PV Module Reliability Scorecard for 2026, offering a detailed assessment of solar module performance and reliability across the global…

IEEFA Report Highlights Key Factors That Will Shape Carbon Prices Under India’s New Trading Scheme

Representational image. Credit: Canva As India moves forward with implementing its Carbon Credit Trading Scheme (CCTS), a new report from the Institute for Energy Economics and Financial Analysis explores the…

SKYWORTH Solar Expands Thailand Presence With New Bangkok Office And 100 MW Solar Project

Representational image. Credit: Canva SKYWORTH Solar has announced a major expansion in Thailand as part of its broader global growth strategy. The company recently opened a new office at Empire…

Elkem And Statkraft Enter Long-Term Power Agreement To Ensure Continued Operations At Bjølvefossen Plant

Representational image. Credit: Canva The new long-term power agreement will help ensure continued industrial operations, support local employment, and strengthen sustainable production at Elkem’s Bjølvefossen plant in Norway. The facility…

APERC Clarifies Net Metering Continuity For Existing Solar Rooftop Projects Above 500 kWp In Andhra Pradesh

Representational image. Credit: Canva The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued an important clarification regarding net metering and billing arrangements for older solar rooftop projects in the state.…

Oil Prices Fall on Mounting Hopes for De-Escalation in US-Iran War

Summary Oman said Mina al Fahal operations proceeding normally Hezbollah leader rejects Lebanon ceasefire deal Iranian oil exports fall to lowest level in six years, data shows OPEC secretary general…

Companies to Add 40 Mln Barrels of Oil to US SPR After Iran War Ends, Energy Secretary Says

(Reuters) – Companies that borrowed oil from the U.S. Strategic Petroleum Reserve in recent months will add an extra 40 million barrels of crude in the form of premiums after…

What Issues Do The US And Iran Need to Resolve for Any Peace Deal?

(Reuters) – Here are the main issues between the United States and Iran as they seek a deal to end their war, which is now in its fourth month: HORMUZ…