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What Trump’s potential US diesel export ban could mean for you
President Trump has indicated support for banning US diesel exports, arguing it would lower domestic fuel prices that have climbed near record highs. Energy analysts warn such a ban could trigger global inflation and damage US trade relationships.
GB Grid: Andy Burnham says public body will invest in electricity grid
UK Prime Minister Andy Burnham announced a new publicly owned company called Great British Grid to invest in electricity infrastructure and speed up grid connections through increased competition.
‘It’s just cruel’: US households hit by surge in electricity shutoffs amid record hot summer
Electricity disconnections in the US surged 28% in July, the hottest month on record, as households struggled with rising energy costs alongside dangerous heat conditions.
From blast off to splashdown: My days following Nasa’s historic mission to the Moon
Four astronauts completed NASA’s historic Artemis II mission, traveling further into space than humans have ventured before, with the journalist documenting their 10-day journey to the Moon and back.
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Kalshi asks CFTC to allow margin trading on prediction markets
Kalshi filed with the CFTC seeking approval to offer margin trading on its event contracts, aiming to attract institutional traders to its prediction markets.
BP to develop offshore gasfield in Venezuela with firms linked to Trump administration
BP will develop an offshore gasfield in Venezuela alongside firms linked to the Trump administration, marking one of the first major foreign investments in the country since recent political changes.
UK risks running out of gas by 2030s, ministers told
Great Britain risks depleting its gas supplies by the 2030s without immediate government intervention, according to official assessments of potential supply shortages amid declining North Sea reserves.
Households in Great Britain ‘could owe energy suppliers £7bn by end of year’
Households in Great Britain could accumulate £7bn in energy debt by year-end as price caps rise to three-year highs following winter bill increases, according to industry forecasts.
UK’s small power plants face higher cyber risk into 2030s despite Iran-linked hack
A successful Iran-linked cyber-attack shut down a small British power plant for four days last month, but government cybersecurity standards for such facilities won’t take effect until 2030.
‘Winter panic’: EU gas stores at their lowest level in 13 years
European gas storage levels have fallen to their lowest point in 13 years as the region heads into winter, prompting concerns about price volatility and potential supply challenges.
Speed up electricity grid upgrade or else face higher bills, warns UK watchdog
The UK’s independent auditor warns that electricity grid upgrades must accelerate to prevent consumer bills from rising by up to £7.8bn annually by 2030 as renewable energy capacity expands.
Scrap windfall tax on oil and gas firms early, North Sea industry urges
North Sea oil and gas industry urges Labour to scrap the windfall tax three years early and approve two major fields, amid expectations of high winter energy bills.
Yemen Escalation Raises New Risks for Global Oil Markets
Yemen’s Houthi rebels have seized Red Sea territory and intensified attacks on Saudi oil infrastructure, escalating regional tensions and raising concerns about global energy supply disruptions.
Europe’s Offshore Wind Slowdown Is Squeezing Manufacturers
European offshore wind monopile manufacturers face significant overcapacity as project delays push demand timelines further out, squeezing margins despite heavy investment in new facilities.
Saudi Pipeline Restart Fails to End Oil Market Tightness
Saudi Arabia’s East-West pipeline restart has resumed operations but at reduced capacity, while freight costs and diesel prices remain elevated, signaling continued market tightness despite increased crude supplies.
Nuclear Safety Brings America Into Russia’s Uzbek Energy Project
Uzbekistan signed a nuclear safety agreement with the United States while continuing its Russian-backed reactor project, suggesting potential concerns about project management and oversight.