NextEra-Dominion Energy Merger To Create World’s Largest Electric Utility
Leading clean energy utility, NextEra Energy (NYSE:NEE), has agreed to buy Dominion Energy (NYSE:D) in an all-stock transaction valued at $66.8 billion, marking the largest power utility acquisition on record.…
European Airlines Say Jet Fuel Supply Is Under Control for Summer
European airlines are becoming increasingly confident the continent would avoid a jet fuel shortage this summer as refiners maximize jet fuel output and buyers diversify imports to offset supply losses…
Australian Strike Could Worsen World’s Already Strained LNG Markets
An Australian trade union is threatening to start a strike at an LNG export facility from May 27, in a two-week-long industrial action that could further tighten the global LNG…
New Fed Chair Faces Pressure as Oil Prices Fuel Inflation
The U.S. Federal Reserve is set to begin a new era after former governor Kevin Warsh won a highly polarized 54-45 Senate confirmation vote to replace Jerome Powell as the…
India’s Oil Refiners Slated To Ride Out Disruptions After Russian Waiver Ends
Indian oil refiners are structurally equipped to handle potential disruptions after the United States allowed its key sanctions waiver on Russian seaborne crude purchases to expire. Petroleum Minister Hardeep Singh…
China Burns More Coal and Gas as Wind and Nuclear Output Falls
China boosted its coal and gas power generation by 3.1% in April from a year earlier as wind and nuclear power output fell. Despite a 1% decline in domestic coal…
Russia Quietly Adds Four LNG Carriers to Its Arctic Dark Fleet
Russia appears to have recently added four LNG carriers to its growing dark fleet of tankers exporting cargoes from the sanctioned Arctic LNG 2 project, a Bloomberg analysis of shipping…
EIA Sees Oil Deficit Widening in 2026
In its latest short term energy outlook (STEO), which was released on May 12, the U.S. Energy Information Administration (EIA) widened its global oil deficit projection for 2026. According to…
EET advances Stanlow SAF project toward FEED
By 38 min ago 2 min read Essar Energy Transition (EET), the UK subsidiary of Essar Group, has completed early-stage engineering for its proposed methanol-to-jet (MtJ) sustainable aviation fuel (SAF)…
CHAI seeks proposals for medical liquid oxygen tech in Kenya
By just now 3 min read Global health non-profit the Clinton Health Access Initiative (CHAI) has called for manufacturers to supply and deliver a medical liquid oxygen remote monitoring telemetry…
