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AI data center developers are turning to industrial package boilers and steam turbines to circumvent multi-year gas turbine backlogs. With lead times under a year, this alternative generation setup h…
PetroChina posted a record H1 net profit of RMB103.94 billion, rising 22% year-over-year on strong natural gas and petrochemical expansion. Rapid EV adoption pressured domestic transport fuel demand,…
Solar power now achieves upfront cost parity with fossil fuels in many markets, even when factoring in battery storage. This eliminates the traditional financing advantage of coal and gas plants, acc…
PetroChina reported record H1 2026 profits, up 22% y/y, driven by strong performance in oil, gas, and expanding new materials sectors. The company is strategically pivoting towards petrochemicals and…
Mexico's new government, under President Sheinbaum, is aggressively pivoting towards renewable energy, reversing the previous administration's nationalization policies. This shift opens the door for …
Soaring fuel prices due to Middle East conflicts have accelerated global EV adoption, with sales projected to reach nearly 30% of all car sales this year. This shift poses long-term downside risks fo…
Surging consumer interest and rising sales in electric vehicles highlight growing demand across the U.S. market as drivers seek fuel savings. Amid ongoing oil price uncertainty, interest in new and u…
WoodMac report predicts EV growth driven by oil shocks, high fuel prices, and Chinese battery tech could cut global oil demand to 99M bpd by 2040, boosting EV adoption in US and Europe.
Albemarle Q2 2026 results show 31% sales growth, doubled EBITDA, and raised specialty outlook amid tight lithium markets from surging stationary storage and EV demand outpacing supply growth.
Wood Mackenzie's 'electric shock' scenario shows EV adoption could surge globally, led by China (29.9M sales by 2040), pressuring oil demand to 99 mb/d and risking early refinery closures, while US E…
FGE NexantECA acquired renewable fuels data firm SquareCo, enhancing its Lumen AI platform for supply-demand analytics. This is a private B2B deal with no direct impact on major tradable energy bench…
GE Vernova is soaring due to AI-driven demand for its power and electrification segments, despite recent earnings misses and wind-segment losses causing a short-term stock pullback.
Shell is selling its European onshore renewables portfolio to TotalEnergies as it pivots back towards high-value oil and gas investments. This strategic shift aligns Shell with peer BP, abandoning ea…
TotalEnergies acquires Shell's European renewables business and sells a 50% stake in another portfolio to KKR. This move indicates Shell's shift towards higher-value areas and aligns with TotalEnergi…
Multiple European energy projects were announced, including solar, nuclear SMRs, data center infrastructure, and battery storage. TotalEnergies, GE Vernova, and the EIB are among the key players driv…
Grounded Lithium Corp. reports consistent June oil sales, secures financing for facility upgrades in August to boost efficiencies, and outlines plans for future processing fees. The developments supp…
Seraya Partners, an Asian private equity firm, is investing up to $500 million in Faraday Energy, a new venture partnered with Germany's Schneider Electric. This move targets the booming Asian energy…
Nvidia partners with Commonwealth Fusion Systems to develop AI-driven digital twin technology accelerating nuclear fusion energy commercialization, signaling long-term growth potential for Nvidia's A…
China's rapid renewable energy expansion, solar innovation, and EV market growth bolster its green transition despite coal reliance and US tariffs, indicating gradual positive impacts on global curre…
Google and Microsoft secure nuclear power deals amid rising data center demand for zero-carbon energy; broad nuclear capacity investment expected long term.