Australia’s top scientist faces a showdown with a future coalition government, casting doubt on the opposition’s plan to establish nuclear energy. Oceanography professor and former CSIRO chief Tony Haymet has been named […]
US nuclear fusion start-up backed by Sam Altman and Peter Thiel secures $425mn
Lightspeed and SoftBank’s second Vision Fund among Helion’s new investors in latest funding round via Financial Times – Energy https://ift.tt/AYJP3La
Rystad Says Significant Uptick in USA Oil Output Highly Unlikely
In a special U.S. policy oil and gas market update sent to Rigzone by the Rystad Energy team late Wednesday, Matthew Bernstein, a vice president of upstream research at Rystad, stated that, […]
SEB: ‘Very Low’ Probability Trump Can ‘Arm Wrestle’ MBS to Produce More Oil
The probability is very low that President Trump will be able to arm-wrestle Muhammed bin Salman of Saudi Arabia to produce more oil. That’s what Bjarne Schieldrop, chief commodities analyst at Skandinaviska […]
Oil Prices Under Pressure as Trump Pressures OPEC to Boost Production
Oil Prices Under Pressure After Trump Calls on OPEC to Boost Production Crude oil prices faced significant downward pressure this week, driven by President Donald Trump’s direct call for lower oil prices […]
Solar Energy Outshines Coal in EU’s Energy Mix for the First Time
A new report shows that the European Union just passed a major milestone in its journey toward decarbonization. For the first time, in 2024, the share of electricity generated from solar power […]
New Solar Plants Expected to Support Most U.S. Electric Generation Growth
In our latest Short-Term Energy Outlook (STEO), we expect that U.S. renewable capacity additions—especially solar—will continue to drive the growth of U.S. power generation over the next two years. We expect U.S. utilities and […]
Bill Gates’ TerraPower Has Deal to Use Nuclear Power for Data Centers
TerraPower, the nuclear energy company founded by former Microsoft CEO and co-founder Bill Gates, announced it has a memorandum of understanding with a major U.S. data center developer to deploy […] The […]
Critical Minerals Boom Drives Mining Sector Consolidation
It seems like the mining sector is following in the footsteps of oil and gas with the era of the megamerger in full swing. There is great speculation about the potential merger […]
Coal Continues to Dominate China’s Energy Landscape
Coal is still king in China despite the renewables boom with record additions of solar and wind power generation. Thermal power generation, which is overwhelmingly dominated by coal, rose by 1.5% in […]