HDRE Accelerates Global Expansion With Strong Focus On Energy Storage In 2026

Representational image. Credit: Canva Taiwan-headquartered HD Renewable Energy is preparing for major international expansion in 2026 with a strong focus on battery energy storage. The company announced its December 2025…

Saudi Electricity Company Secures New $1.5 Billion Loan To Support Growing Power Needs

Saudi Electricity Company has secured a new five-year loan of up $1.5 billion, marking its third major financing deal in less than six months. The latest move shows how the…

WTI and Brent Rise as Geopolitics and Washington Rattle the Market

Oil prices pushed higher on Tuesday afternoon, with traders weighing a familiar but combustible mix of Middle East risk and Washington-driven policy uncertainty. As of 2:34 p.m. ET, U.S. benchmark…

Large Crude, Product Builds Weigh on Oil Prices

The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 5.27 million barrels in the week ending January 9. Crude oil inventories…

  • Gas
  • January 14, 2026
EU allocates funding to drive cross-border CCUS

The EU is allocating nearly €2m in project finance funding to support carbon capture utilisation and storage (CCUS) in Denmark’s Øresund region. The funding, comprising a budget of €1.2m and…

US Files for Warrants to Seize Dozens More Venezuela-Linked Oil Tankers

Summary US has seized five sanctioned vessels as it keeps grip on Venezuelan exports More seizures could come, but action paused since Friday Russia, which relies on shadow fleet, has…

API to Washington: Meet Energy Demand or Get Out of the Way

At the American Petroleum Institute’s annual State of American Energy event, API President and CEO Mike Sommers framed the coming decade in blunt terms: energy demand is rising fast, and…

China to Sustain Energy Storage Leadership, WoodMac Projects

China accounted for 54 percent of last year’s record global energy storage installations and looks set to maintain its dominant position in the sector beyond the decade despite policy headwinds,…

US Oil Drilling to Slow as Prices Slump, Venezuela Growth Could Amplify Pressure, EIA Says

(Reuters) – Lower oil prices are expected to cut U.S. drilling activity and reduce output 1% this year from the top producing country, while potentially higher output from Venezuela could…

US Crude Output to Ease in 2026, While Demand Remains Flat, Says EIA Data

(Reuters) – U.S. crude production will ease in 2026 and 2027 after reaching a record high in 2025, while petroleum demand will hold steady this year, the U.S. Energy Information…