Solar Tops Coal in U.S. Power Mix for the First Month Ever
Solar power held a record-high 12.8% share of U.S. electricity supply in May, overtaking coal-generated power for the first full month on record, energy think tank Ember said in a…
Kazakhstan Oil Buyers Demand More Supply as Hormuz Closure Tightens Market
Customers buying oil from Kazakhstan are urging the OPEC+ producer to ramp up crude supply and deliver the maximum available volumes, Kazakhstan’s Energy Minister Yerlan Akkenzhenov said on Wednesday. “In…
WinGD delivers ammonia-fuelled vessel to Exmar
By 35 min ago 2 min read Swiss marine power company WinGD has delivered what it claims is the world’s first ocean-going ship designed to operate on ammonia fuel to…
Large bank syndicate to fund Commonwealth LNG project
By 24 min ago 2 min read Integrated gas and liquefied natural gas (LNG) firm Caturus has announced 20 leading banks will provide financing for the Commonwealth LNG project after…
China Begins Tapping Oil Stockpiles as Middle East Crisis Drags On
China began tapping its huge oil reserves in May, three months after the Middle East conflict wiped out about a tenth of global supply, in a sign that Beijing is…
Alberta Eyes General Corridor for New Pacific Oil Pipeline
Alberta is more likely to propose a “general corridor” rather than a specific route for the new 1 million-barrels-per-day oil pipeline to the British Columbia coast that’s expected to receive…
U.S. Company to Send 250,000 Barrels of Fuel to Cuba
An American company is preparing to send a cargo of diesel and gasoline to Cuba in what, if successful, would be the biggest U.S. shipment of fuel to the island…
War Erases 1B Barrels of Cumulative Oil Supply from Market
The Middle East war has erased around one billion barrels of cumulative crude supply from global markets in the three months since the first shots were fired. That’s what Rystad…
Protium secures hydrogen supply with H-Power deal
By 54 min ago 2 min read UK green hydrogen firm Protium has expanded its distribution network through a new agreement with H-Power, formerly AFC Energy, securing a supply of…
AI to push semiconductor market beyond $1 trillion before end of 2026
Lita Shon-Roy of TechInsights By 10 min ago 1 min read The global semiconductor market is expected to exceed $1 trillion in annual revenue before the end of 2026, with…
