Sinopec Slashes Refining Runs as Hormuz Disruption Squeezes Crude Supply

Sinopec, China’s biggest oil refiner, has reduced its run rates by 10%, Bloomberg reported today, citing unnamed sources, in response to the supply squeeze resulting from the traffic disruption in…

EU Ministers Race to Shield Industry From an Escalating Energy Shock

The European Union is in a rush to find ways to alleviate the energy cost pain for consumers and businesses, with energy ministers of member states set to meet later…

Peak Energy Deploys Passively Cooled Sodium-Ion Battery System with RWE Americas

U.S.-based energy storage company Peak Energy Technologies has signed an agreement with RWE Americas to pilot a next-generation sodium-ion battery system for grid-scale energy storage in the Midwestern United States.…

UAE And Germany Strengthen Energy Partnership To Accelerate Global Clean Energy Transition

The United Arab Emirates and Germany are strengthening their cooperation in the energy sector as both countries work toward a cleaner and more sustainable energy future. Their growing partnership focuses…

Vietnam Needs $18 Billion Grid Investment To Support Rapid Renewable Energy Expansion – Report

Ember has highlighted that Vietnam needs around $18 billion in investment to upgrade its power grid in order to support the country’s fast-growing renewable energy sector and meet its climate…

US Oil CEOs Warn Trump Administration that Energy Crisis Likely to Worsen, WSJ Reports

Chief executives of major U.S. oil companies warned official of U.S. President Donald Trump’s administration that the energy crisis triggered by the Iran war is likely to get worse, The…

Iran Denies Seeking Truce as Dubai Oil Port Damaged

Iran denied US President Donald Trump’s assertion that it wants ceasefire talks, launching fresh attacks across the Persian Gulf and forcing a suspension of flights at Dubai’s main airport. The…