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News Powered By AI

Germany’s Hydrogen Pipeline Reached Marl. Its Market Still Needs to Add Up.

by News Feed Editor | Nov 2, 2026 | Energy

Germany’s hydrogen pipeline successfully delivered renewable hydrogen from Lingen to Marl Chemical Park in August 2026, but establishing a viable commercial market for the costly fuel remains challenging.

Rare Iranian Strike On Vessel Hundreds Of Miles From Strait Of Hormuz

by News Feed Editor | Nov 2, 2026 | Energy

An Iranian projectile struck an Emirati-owned tugboat in the Strait of Hormuz, causing the vessel to partially sink. The attack marks the second strike on a tug in the region within recent weeks.

Sanctioned Iranian Tanker Slips Past U.S. Blockade, Delivers Cargo to China

by News Feed Editor | Nov 2, 2026 | Energy

A sanctioned Iranian tanker carrying 500,000 barrels of liquefied petroleum gas successfully evaded a U.S. naval blockade and delivered its cargo to China in September, according to monitoring group UANI.

E.ON Next deal to buy Ovo Energy leaves UK with just ‘big three’ energy suppliers

by News Feed Editor | Nov 2, 2026 | Energy

E.ON Next completed its acquisition of Ovo Energy, creating a market where three suppliers now serve nearly three-quarters of British households, raising competition concerns.

Ofgem could force energy suppliers to pay rivals if they lure customers with cheaper deals

by News Feed Editor | Nov 2, 2026 | Energy

Ofgem proposes reintroducing a market stabilisation charge that would require energy suppliers to compensate rivals when winning customers through cheaper deals during periods of falling wholesale prices.

Electricity costs put UK steelmakers in worst position in three years against EU rivals

by News Feed Editor | Nov 2, 2026 | Energy

British steelmakers face their worst electricity cost disadvantage against European rivals in three years, as global gas price surges widen the gap with competitors.

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