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Eight-hours grid-level battery capacity will complete the green energy revolution
What started as development banks pushing emerging markets to adopt green energy because of the Climate Crisis has been transformed after the cost of producing green energy plummeted. But 8-hour batteries are key to completing the evolution.
Oil production halts loom as Gulf storage facilities rapidly fill towards capacity
US President Donald Trump has said that he thinks the conflicts in Iran will go on for about a month. However if it lasts only four weeks then all of Iraq, Kuwait, UAE, and Qatar will be forced to shut down production after they run out of storage,
Croatia proposes nuclear energy law to boost low-carbon power by 2040
The government aims to nearly the double share of nuclear power in electricity generation in the next 15 years.
Alaska offshore lease sale fails to attract any bids
An oil and gas lease sale held in Cook Inlet offshore Alaska received no bids upon closing this week
Europe’s gas crisis deepens as Putin turns the tables on Europe, threatens to cut off supplies early
Russian President Vladimir Putin sought to capitalise on the chaos on the energy markets by threatening to cut off Russian gas supplies to Europe, which is already facing a gas crisis that will amplified by the escalating war in Iran.
US shale unlikely to replace Middle Eastern oil, industry players and analysts warn
The shale industry cannot increase production rapidly enough to replace any supply disrupted as a result of the conflict in Iran in the near term, according to warnings from both industry participants and analysts.
Nigeria’s Dangote Refinery raises fuel prices as war with Iran continues
Nigeria’s 650,000 barrels per day (bpd) Dangote Refinery increased its petrol price by N101 ($0.073) this week to N875 ($0.63) per litre from N774 ($0.56) per litre, sparking concerns about cost of living.
Angola’s Sonangol in talks with Chinese lenders for $4.8bn loan
Angola’s state oil company Sonangol is currently in talks with Chinese banks as part of efforts to obtain a $4.8bn loan for the construction of the 200,000 barrels per day (bpd) Lobito refinery.
Iranian warship sunk by US submarine was not in Indian waters
The IRIS Dena was a Moudge-class frigate in Iran's regular navy fleet and was part of the Indian Navy organised International Fleet Review between February 15-25 2026.
YPF posts best earnings in 10 years for 2025
YPF reported an adjusted EBITDA of $5bn for 2025, the highest in a decade, driven by record shale oil production in Vaca Muerta despite falling international crude prices.
QatarEnergy declares force majeure on LNG shipments amid Gulf conflict
QatarEnergy declares force majeure on LNG deliveries after suspending production, threatening global gas supplies as the Gulf conflict disrupts the world's largest LNG exporter.
‘Nearly ten’ vessels hit by Iran in Strait of Hormuz, local media says
Iranian forces have struck “nearly ten” oil tankers and ships in the Strait of Hormuz since the outbreak of a US-Israeli war on Iran.
Russian shadow ship becomes first LNG carrier ever lost at sea, with Moscow blaming Ukrainian drone strike
The Arctic Metagaz tanker, under both UK and US sanctions as part of a so-called shadow fleet of vessels servicing Russia’s Arctic LNG-2 project.
Beijing’s next five-year plan tests climate ambition
The rapid deployment of renewable energy options around the country and the popularity of electric vehicles in recent year has already begun to restrain the growth of China’s climate footprint.
African Energy Chamber, Venezuelan petroleum authorities sign MoU to drive energy investment, collaboration
Venezuela’s leading petroleum authorities have signed a Memorandum of Understanding (MoU) with the African Energy Chamber (AEC), establishing a formal framework for long-term collaboration across the hydrocarbon value chain.
Algeria set to boost LNG exports amid regional tensions and rising demand
Algeria is preparing to increase its presence in the global liquefied natural gas (LNG) market by enhancing its spot sales, driven by expected demand spikes due to the ongoing war with Iran and potential supply chain disruptions
Venezuela oil shipments double in February as output rebounds
January exports had stood at roughly 383,000 barrels a day, when the Trump administration first took control of the country’s oil sales
Why Gulf bypass routes offer only weeks of oil supply cover
The effective closure of the Strait of Hormuz has exposed a critical vulnerability in global energy security
Price-sensitive, import-reliant India grapples to shore up energy security amid Hormuz crisis
The disruption has already rippled into domestic markets.
How exposed is China to the Hormuz crisis?
A prolonged closure of the Strait of Hormuz would hit China’s energy security hard, threatening to sever roughly half of its crude imports and a significant share of its LNG supply.
Iraq halts production at giant Rumaila oilfield as Hormuz closure chokes exports
Iraq halted all production at the giant Rumaila oilfield, its largest, after the closure of the Strait of Hormuz sent storage levels to critical capacity and tankers refused to enter the Gulf amid the US-Israeli military campaign against Iran.
IAEA confirms damage to Iran's Natanz nuclear site entrance, no radiation leak detected
IAEA confirms satellite imagery shows damage to entrance buildings at Iran's Natanz nuclear plant but says no radiation leak expected. Iran's atomic agency confirms no contamination.
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