Trending Energy News
BP puts North Sea oil and gas business up for sale
BP has launched a formal process to sell its North Sea oil and gas business, ending six decades of operations in the basin as the company seeks to simplify its portfolio and reduce debt levels.
Households near new pylons to get £250 taken off annual energy bills
UK households within 500 metres of new power pylons will receive £250 annual energy bill reductions as the government accelerates grid modernization projects across 40+ locations nationwide.
BP to develop offshore gasfield in Venezuela with firms linked to Trump administration
BP is developing an offshore gasfield in Venezuela with partners linked to the Trump administration, marking one of the first major foreign energy investments following recent political changes in the country.
UK’s small power plants face higher cyber risk into 2030s despite Iran-linked hack
A successful Iran-linked cyber-attack on a British small power plant last month has heightened concerns about security vulnerabilities, though new cybersecurity standards won’t be required until the end of 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 summer injections lag behind historical averages, raising concerns about winter energy availability and price volatility across the continent.
REPORT: U.S. Adds 20 GWh of Energy Storage Capacity in Q2, Largest Quarter on Record
The U.S. installed a record 20.2 GWh of energy storage capacity in Q2 2026, bringing first-half installations to 30.8 GWh and prompting upward forecast revisions through 2030.
Octopus Energy urges millions of households to use less electricity during solar eclipse
Britain’s largest household energy supplier urges customers to reduce electricity use during a major solar eclipse this week, offering rewards to those who delay running appliances during peak hours.
Britain Faces a North Sea Crossroads as Jackdaw and Rosebank Await Approval
Britain faces a pivotal decision on approving the Jackdaw and Rosebank North Sea oil and gas fields, with nearly £11 billion in private investment pending and broader implications for energy policy and fiscal health.
Green Bonds Hit Record High Despite Persistent Challenges
Green bond issuance reached a record $193 billion in the second quarter of 2026, though the sector represents only about 3 percent of the global bond market amid persistent challenges including greenwashing and regulatory complexities.
Hydrogen Gets Far More Attention Than Its Deployment Justifies
Hydrogen receives substantially more media attention than its actual market deployment warrants, with announcements failing to reflect the vast scale differences between hydrogen and battery technologies across transportation and storage sectors.
Why More Venezuelan Oil Won’t Solve America’s Gasoline Problem
The U.S. secured control of Venezuelan oil fields containing 65 billion barrels, but increased production alone won’t significantly lower gasoline prices due to limited global refining capacity.
Iran War Triggers Billions in New Oil Pipeline and Port Investment
The U.S.-Israel-Iran conflict has disrupted Persian Gulf energy exports, prompting billions in investment in alternative oil and gas pipelines and port infrastructure to bypass the Strait of Hormuz.
Trump’s Secret Offshore Wind Payout Benefits Billionaire Donor
The Trump administration approved a $1.2 billion deal with German energy company RWE to cancel offshore wind projects, with $900 million redirected to an LNG venture owned by a Trump campaign donor.
Utility Customers Could Save Millions from Dominion Coal Plant Retirements, New Expert Analysis Shows
Expert analysis suggests Dominion Energy could save ratepayers millions by retiring coal plants Wateree and Williams as scheduled, while maintaining grid reliability through alternative generation sources.
Georgia PSC Approves Secret OpenAI Contract
Georgia’s Public Service Commission staff approved a contract between Georgia Power and OpenAI for a 3.2 gigawatt data center in Effingham County, drawing criticism from environmental groups over the secretive approval process.
Energy Security Is Increasing The Value Of Cross-Border Electricity
European countries are expanding cross-border electricity interconnections despite geopolitical tensions, prioritizing strategic energy interdependence through diversified partners and generation sources rather than pursuing complete energy independence.
Oil Companies and Banks Face UK Windfall Tax Threat
UK Chancellor John Healey is considering windfall taxes on oil companies and banks to rebuild fiscal reserves and fund defence spending, according to reports citing Treasury officials.
Iran Weakened but Defiant After 6 Months of War
Six months into a US-Israeli conflict with Iran, military strikes have degraded Iranian capabilities while the country faces economic pressure, yet it retains leverage through the Strait of Hormuz with no clear resolution in sight.
Russian Oil Is No Longer India’s Easy Bargain
India’s Russian crude imports declined sharply in August amid Black Sea security threats, Chinese competition, and reduced Russian exports, raising questions about sustained supply challenges ahead.
Norway Wants Europe’s Energy Market, Without Sharing Its Trade-Offs
Norway’s energy minister states the nation will continue Arctic oil and gas exploration despite EU opposition, while also dismissing the concept of being Europe’s “green battery.” However, Norway remains deeply integrated in European energy markets rather than breaking from them.
BP puts North Sea oil and gas business up for sale
BP has launched a formal sale process for its North Sea oil and gas business, ending six decades of production in the basin as the company seeks to streamline operations and reduce debt levels.
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