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Southeast Asia is expected to deliver only a third of its planned gas-fired power capacity by 2030 due to fuel shortages, volatile LNG prices, turbine supply constraints, and financing challenges, forcing policymakers to reassess energy transition strategies.
European natural gas prices surged to four-month highs amid escalating US-Iran conflict, raising concerns about winter supply shortages as Qatari LNG exports remain disrupted.
Whistleblowers allege that Britain’s state-owned grid operator Neso covered up strain on the power system during late June heatwaves, with claims that managers discouraged documentation and pressured staff decisions to protect reputation.
US private equity firms KKR and Energy Capital Partners have agreed to acquire FTSE 100 energy company DCC for £5.75bn, though the founder and major shareholders oppose the deal as undervalued.
Shell’s quarterly profit nearly doubled to $9.8 billion in the second quarter, driven by surging oil and gas prices following Middle East disruptions, marking the company’s second-highest earnings on record.
Europe’s hydrogen refueling network is shifting from passenger cars to commercial vehicles, with 700-bar stations closing for cars but reappearing at dual-pressure hubs serving buses and trucks.
