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Energy News — Page 131
15‑kg Giant Echidna Fossil Found After 100 Years
A 1907 skull fragment from Foul Air Cave has been identified as a 15‑kg, 1‑m‑long extinct giant echidna, filling a century‑old gap in Victoria’s Pleistocene megafauna record and providing new insight
Oil Futures Fall on Diplomacy Hopes; Physical at $149
Oil futures traders are betting on a U.S.-Iran diplomatic breakthrough even as the physical market tightens sharply, exposing a widening gap between headline optimism and the squeeze already hitting s
New Mercedes EQS: 926 km Range, 800V, Steer-by-Wire
Mercedes-Benz has unveiled a heavily overhauled EQS sedan with a 926 km WLTP range, 800V architecture, and steer-by-wire technology — the first German automaker to offer the latter in a production car
Doyle: $90 Price Needed to Spark Shale Boom
Despite a jump in oil prices, shale operators remain cautious, with industry insiders saying a $100 price won’t trigger a boom and only a sustained $90 barrel price could revive drilling activity.
Oil, Gas Shortages to Last Months, Analysts Warn
Up to 11 million barrels of daily oil production is offline and Qatar's LNG remains shuttered after Iranian strikes, with analysts warning that even a best-case ceasefire would leave energy markets sh
Finland to Open World's First Permanent Nuclear Waste Site
Finland's Posiva is set to receive a license within months to operate the world's first permanent underground repository for spent nuclear fuel, completing more than two decades of construction and ad
Vitol loses millions on oil bets as war spikes prices
Vitol Group, the world’s largest oil trader, suffered hundreds of millions in losses on oil derivative bets after the Middle East war drove jet fuel and crude prices to record highs.
Anker SOLIX Earth Day: Up to 65% Off Power Stations
Anker SOLIX kicks off Earth Day with a massive power‑station sale, slashing prices up to 65% and bundling three tiers of free gifts, with units as low as $120. The promotion also highlights a one‑day‑
Vineyard Wind Sues GE Renewables Over Defective Blades
Vineyard Wind sued GE Renewables in Massachusetts to block the turbine supplier’s exit after defective blades caused a costly six‑month halt, prompting a $853 million cost claim and a dispute over $65
BP Acquires 60% Stake in Three Namibia Offshore Blocks
BP will buy a 60% stake in three offshore Namibian exploration blocks from Eco Atlantic, becoming the operator and expanding its upstream portfolio in a frontier basin as the country aims for a Guyana
VW launches ID.3 Neo, ends US ID.4 production
Volkswagen’s brand chief Thomas Schäfer admitted the company’s EVs lost the ‘special Volkswagen feel,’ prompting a rapid rollout of refreshed models—starting with the ID.3 Neo—and a shift to name‑base
US Blocks Strait of Hormuz, Oil Prices Surge 7%
Oil prices leapt over 7% as President Trump ordered a U.S. naval blockade of the Strait of Hormuz to choke Iran’s oil exports, prompting Iran to threaten retaliation and OPEC to trim its demand foreca
TotalEnergies Strikes 100M Barrel Oil Find at Congo's Moho
TotalEnergies has discovered oil and gas at its offshore Moho license in the Republic of Congo, with the Moho G find combined with the nearby Moho F discovery estimated at close to 100 million barrels
PJM Proposes 14.9 GW Backstop Procurement for Data Centers
PJM Interconnection proposed a one-time, two-phase procurement to add 14.9 GW of new power generation, primarily to meet surging demand from data centers and large industrial loads across its grid reg
Trump silences climate talk at IMF/World Bank meetings
The White House is pressuring delegates at this week's IMF and World Bank spring meetings in Washington to avoid mentioning the climate crisis, threatening to derail a new climate action plan even as
Noaa Confirms El Niño Arrival, Warns of Historic Strength
NOAA confirmed El Niño has officially arrived, with a 63% chance it becomes a 'super' event ranking among the largest in the historical record since 1950 — one that could push 2027 into record-heat te
Sunward unveils electric drill rigs, 5‑10% savings
Chinese equipment maker Sunward introduced a new line of hybrid electric rotary drilling rigs that combine battery power with onboard generators, promising quieter operation and up to 10% energy savin
Eni CEO Urges EU to Suspend Russian LNG Ban
Eni’s chief executive has urged the European Union to lift its prohibition on Russian liquefied natural gas, a move that would reverse the current ban and open the market to resumed imports.
Ikea kept promoting Soly after collapse
Customers who purchased solar panels through Ikea’s partnership with Soly are left out of pocket after the company collapsed, with Ikea continuing to advertise the deal and offering no support.
Rare Rock Whitebeam Planted on Teesdale Cliffs
Rare rock whitebeam saplings are being planted on limestone ledges in Teesdale to re-establish the native species in a protected, grazing-free environment after years of conservation effort.
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