China just installed 15,927 heliostats at a 100-MW molten-salt plant in Xizang, with grid connection targeted for October 2026. The project is designed to solve the storage gap behind China's solar ...

U.S. electricity demand is set to hit record highs in 2026 and 2027, driven largely by the rapid expansion of AI and Big Tech data centers. The biggest constraint is the grid, particularly ...

Washington is putting real money behind advanced nuclear. The US Department of Energy is gearing up to hand X-energy another $1 billion for its planned nuclear project with Dow in Texas, bringing ...

Oil prices fell as sharply weaker 2026 demand forecasts and a huge U.S. inventory build outweighed persistent geopolitical risks around the Strait of Hormuz.

Russia’s diesel and gasoil exports crashed in the first seven days of August to just 80,000 barrels per day (bpd), the lowest in many years, as Moscow extended restrictions on diesel exports amid a ...

Brent is heading for a nearly 5% weekly gain, supported by stalled U.S.-Iran talks, continued Hormuz uncertainty and tightening global fuel supplies. Diesel is the biggest concern, with refining ...

Porsche is reportedly preparing to phase out production of its flagship Taycan electric sports car by 2030, marking a major setback for the German automaker’s once-aggressive electrification strategy.

UK GDP expanded 0.4% between April and June, slowing from 0.6% in the first quarter, while June alone delivered a stronger-than-expected 0.3% increase. Services drove second-quarter growth while ...

New Zealand has approved a 10-year petroleum mining permit for the Puka field as it seeks additional domestic natural gas supplies and new oil production.

Ukraine struck Gazprom's Salavat refinery in the Urals Thursday, deepening a fuel crunch that's already forced Russia to import gasoline from India.

Elevated oil prices are widening the cost advantage of China’s coal-based chemicals industry and driving sharply higher profits at Baofeng Energy.

Decommissioning remained a major activity across the UK North Sea in 2025, with industry spending hitting a record-high of £2.6 billion, or $3.5 billion, the North Sea industry regulator said in a ...