Saudi Oil Export Income Jumped to 3.5-Year High in March as Prices Soared

Despite the lowest production and export volumes on record, Saudi Arabia saw the value of its oil exports surge by 37.4% in March to the highest level in three and…

China Boosts Oil Stockpiles Despite Import Plunge

China appears to continue sending crude into strategic and commercial reserves despite the plunge in its imports and the world’s biggest-ever supply shock. China likely sent 430,000 barrels per day…

U.S. Energy Storage Installations Post Record First Quarter

Despite unfavorable federal policies, the U.S. energy storage additions jumped by 31% from a year earlier to 9.7 gigawatt-hours (GWh) in the first quarter of 2026, the strongest first quarter…

China’s Solar Exports Soar as World Grapples with Energy Crisis

Despite the end of China’s export tax refunds on April 1, exports of Chinese solar cells and panels continued to surge in April as demand for solar installations in Africa,…

Japan’s Crude Imports from Middle East Slump to Lowest on Record

Japan in April imported the lowest volume of crude oil from the Middle East on record dating back to 1979 as the Iran war and the de facto closure of…

  • Gas
  • May 21, 2026
Texas Tech University wins $4.5m state grant for semiconductor development

By 39 min ago 2 min read Texas Tech University (TTU) has secured around $4.5m through a state grant to support semiconductor development at the Edward E Whitacre Jr College…

US Energy Storage Additions Hit a First-Quarter Record, Report Shows

(Reuters) – U.S. energy storage developers installed 9.7 gigawatt-hours of new capacity in the first quarter of 2026, marking a record high for ​the quarter, an industry report showed on…

Devon Snaps Up Prime Delaware Basin Acreage for $2.6 Billion after Coterra Merger

(Reuters) – Shale producer Devon Energy ​on Thursday said it has acquired 16,300 ‌net undeveloped acres in the core of the Delaware Basin in New Mexico for about $2.6 billion through…

Oil Market Clock is Ticking as Supply Crunch Looms: Bousso

The oil industry has shown remarkable resilience in the face of the largest energy supply shock in modern history, pulling multiple levers to cushion the blow of the Iran war.…

  • Gas
  • May 21, 2026
Dutch project secures €150m for biomethane production

By 13 min ago 2 min read The Netherlands-based EemsGas Project has received a subsidy grant from the Netherlands Enterprise Agency worth €149.8m ($173.6m) to support the production phase of…