SLB Prepares to Restart 15 Oil Rigs in Venezuela
SLB is preparing to reactivate up to 15 drilling rigs in Venezuela to boost the country’s crude production capacity, with some rigs potentially operational before year-end.
Russia’s Fuel Crisis Hits Moscow as Rationing Spreads
Russia faces fuel shortages and rationing in Moscow after Ukrainian drone attacks on oil refineries. Major gas station networks have implemented sales restrictions as long queues form at filling stations.
Hope Fades, Traders Brace for Extended Oil, LNG Squeeze
Commodity traders are increasingly accepting that Middle East tensions will persist, driving prolonged shortages in crude oil and refined fuels despite earlier optimism about swift peace resolutions.
16 Agrivoltaic Projects on Local Farms Move Forward in New Jersey
New Jersey approved 16 agrivoltaic projects totaling 52.06 megawatts, combining solar power generation with active agricultural production on farmland across eight counties.
Coal Remains The Undisputed King Of Global Power
Coal remains the world’s dominant electricity source, generating nearly one-third of global power in 2026 despite rapid renewable expansion, with disruptions to natural gas supplies strengthening coal’s competitive position.
Translucent Solar Starts Producing Solar Panels in South Carolina
Translucent Solar has opened a manufacturing facility in South Carolina that will produce solar panels at 1.2 gigawatts capacity by year-end, as part of broader efforts to expand U.S. cleantech production.