Carbon & Power Markets News

Jan 09 - Norway's oil and gas output will fall towards 2030, regulator says
Norway's offshore oil and gas output will remain broadly steady in 2026, but investments are seen falling by 6.6%, signalling a slowdown in activity and declining production towards the end of this decade, the country's regulator said on Thursday. High investment in recent years was underpinned by large developments that are gradually coming to an end, while new projects are mostly smaller in size, the Norwegian Offshore Directorate said.

Jan 09 - American Electric Power signs $2.65 billion deal for fuel cells
American Electric Power said on Thursday its unit will buy a substantial portion of its option for solid oxide fuel cells in a deal worth about $2.65 billion as part of its plans to develop and build a fuel cell power generation facility. In 2024, AEP had signed an agreement with Bloom Energy to acquire 100 megawatts of solid oxide fuel cells with an option to purchase an additional 900 MWs. The utility's unit exercised that option earlier this week, AEP revealed in a regulatory filing.

Jan 08 - Japan regulator says it may start Chubu Electric nuclear review from scratch
Japan's nuclear regulator said on Wednesday it could restart the screening of Chubu Electric Power's Hamaoka plant from scratch or reject the resumption of operations altogether after revelations the utility had falsified data for the regulatory review. The Hamaoka plant's No. 3 and No. 4 units had been undergoing screenings for over a decade under stricter rules since all of Japan's nuclear power plants were idled following the 2011 Fukushima disasters, and some analysts had expected a possible restart by 2030.

Jan 08 - Vietnam warns of nuclear power delays, seeks Russia deal by January after Japan pullout
Vietnam's Prime Minister Pham Minh Chinh wants talks with Russia to build a nuclear power plant to wrap up this month and urged government officials to find new partners after Japan pulled out from a second project, the government said. Vietnam resumed its nuclear power programme last year after halting it in 2016. Under the plan, Hanoi negotiated with Russia and Japan to build two power plants with a planned combined capacity of 4 to 6.4 gigawatts, with the aim of signing agreements with Russia by September and with Japan by the end of last year.

Jan 07 - Orsted's Sunrise Wind to challenge US suspension of wind project lease
Denmark's Orsted said on Wednesday its unit Sunrise Wind will challenge the U.S. government's decision last month to suspend its offshore wind project lease and will seek a court injunction. The Trump administration suspended leases on December 22 for five large offshore wind projects that are under construction off the U.S. East Coast over what it called national security concerns.

Jan 07 - Energy Transfer expects to spend up to $5.5 billion in 2026 on natgas network
Pipeline company Energy Transfer said on Tuesday it expects to invest $5 billion to $5.5 billion in capital in 2026, primarily on its natural gas network projects. This follows the company's announcement last month to prioritize natural gas pipeline projects for their superior risk and return profiles, and move away from liquefied natural gas due to concerns of global oversupply.

Jan 06 - US awards $2.7 billion worth of orders to boost uranium enrichment
The U.S. Energy Department announced on Monday it was awarding orders totaling $2.7 billion to three companies to boost domestic uranium enrichment over the next 10 years in a broader effort to reduce U.S. dependence on Russian supply. American Centrifuge Operating, General Matter and Orano Federal Services secured the orders, the department said in a statement.

Jan 06 - Eni, Repsol struggle to recover $6 billion in gas payments from Venezuela, FT reports
European energy companies Eni and Repsol are struggling to recover recover about $6 billion in gas payments from Venezuela and are facing indifference from U.S. officials about the debt, the Financial Times reported on Tuesday. Eni, Repsol, and the U.S. Treasury did not immediately respond to Reuters' request for a comment. Reuters could not immediately verify the report. 

Jan 05 - Egypt, Qatar sign MOU to boost LNG sales and import cooperation, Egypt says
Egypt and Qatar signed a memorandum of understanding to boost cooperation in LNG sales and imports, including terms for supplying Qatari shipments to Egypt's Ain Sokhna and Damietta ports, Egypt's petroleum ministry said on Sunday. QatarEnergy said in a statement that the agreement includes supplying Cairo with up to 24 liquefied natural gas cargoes for the upcoming summer.

Jan 05 - Berlin power grid attack caused by 'extreme leftists', officials say
A fire in southwest Berlin that has left tens of thousands in the German capital without electricity was likely the result of a far-left extremist attack, officials said on Sunday. Grid company Stromnetz Berlin said on Saturday that the suspected arson attack could leave up to 45,000 households without power until January 8.

REUTERS TECHNICAL ANALYSIS Q1 OUTLOOK 2026 - WANG TAO 

Brent crude, WTI, and palm oil may retest the supports that they failed to break in May. Spot gold could peak within the $4,995–$5,387 range, marking the end of its extended bull run. LME copper and aluminum remain bullish. Soybeans are likely to stay capped below $11.07¼. Corn and wheat are diverging, with corn poised to rise while wheat trends lower. Coffee is expected to decline further, whereas cocoa may see additional upside. The U.S. dollar index could retest resistance near 101. To read the full report, click here

Dec 31 - European Gas Prices Rise But Remain on Track for Heavy Annual Loss (DJ)

- European natural-gas prices recover after trading down at the beginning of the week. The Dutch TTF contract rises 1.8% to 28.02 euros a megawatt hour, with the benchmark price on track for a loss of around 44.5% for the year. According to industry group Gas Infrastructure Europe, gas storage levels across the European Union are about 63% full--below the seasonal average--but supply conditions remain comfortable. Cold weather conditions were well met by healthy supply, keeping European gas prices within a tight range this month.

Dec 24 - DHL and CMA CGM Sign Deal to Consume Almost 9,000 MT of Biofuels

Logistics firm DHL Global Forwarding has signed a deal with CMA CGM agreeing to the consumption of almost 9,000 mt of second-generation biofuels on board the French container line's vessels. The 8,990 mt of UCOME second-generation biofuel will save an estimated 25,000 mt of GHG emissions, with the savings attributed to ocean freight transported under DHL's GoGreen Plus service, DHL said in a statement on its website.

CMA CGM will physically bunker the biofuel across its fleet, ensuring that emission reductions correspond to DHL's Book & Claim approach.
"This collaboration marks another milestone in our mission towards low-carbon supply chains," Casper Ellerbaek, head of global ocean freight at DHL Global Forwarding, said in the statement.
"By leveraging sustainable marine fuels, we help our customers achieve their climate goals and drive real progress toward decarbonization."

CMA CGM has cut the carbon intensity of its shipping activities by 57% since 2008.

Dec 20 - Season’s Greetings from all of us at the C3 !

We're sending our best wishes to everyone in the commodities community and beyond.

Dear business partner, (customers , contributors and distributors )

Thank you for the trustful cooperation in 2025. Have a peaceful Christmas and a prosperous and healthy 2026.

Our office will be closed Dec 24 - 26 and Dec 31 - Jan 1

During 2025 year end period, a lot of our sources will cease their contributions due to the Christmas and New Year's holidays. Their regular schedule will resume on January, 2026. 

We wish everyone a very Merry Christmas, a safe and happy Holiday Season and a Happy New Year !

Dec 19 - Woodside's next CEO must steer costly LNG projects through glut risk
Woodside Energy faces a leadership shake-up after chief executive Meg O'Neill's surprise exit for the top job at BP, a move that comes as the Australian firm is striving to deliver key projects in a market braced for oversupply. The oil and gas producer is expected to press on with its global growth strategy, analysts say, requiring sustained investment in new assets and continuity in mature fields.

Dec 19 - ADNOC lands $11 billion financing for future gas output
Abu Dhabi National Oil Company has secured $11 billion in structured financing to monetise future gas production from its Hail and Ghasha development, the state company said on Thursday, after Russia's Lukoil exited the project. The deal, signed with partners Eni and PTTEP, involves 20 global and regional banks.

Dec 18 - Prices in biggest US power grid auction hit new record, signaling higher utility bills ahead
Power bills for about a fifth of Americans are expected to continue to rise after the largest U.S. grid operator, PJM Interconnection, reported fresh record-high capacity prices on Wednesday that reflected electricity demand by data centers overtaking supplies. The expansion of Big Tech's data centers has driven up so-called capacity prices in PJM by about 1,000% over a roughly two-year period, intensifying energy affordability problems for those living and working in the 13-state region covered by the grid operator. 

Dec 18 - EU Parliament approves phase out of Russian gas imports
The European Parliament on Wednesday approved the EU's plan to phase out Russian gas imports by late 2027, clearing the penultimate legal hurdle before the ban becomes law. The EU agreed earlier this month on legislation to cut ties with Europe's former top gas supplier Russia, having vowed to do so after Moscow's 2022 full-scale invasion of Ukraine.

Dec 17 - Global coal demand hit record high this year but is set to decline by 2030, IEA says.
Global coal demand reached a record high in 2025 but is expected to decline by 2030 as renewables, nuclear power and abundant natural gas squeeze its dominance in power generation, the International Energy Agency said. Weaning the world off coal is considered vital to achieving global climate targets, but the fossil fuel remains the single biggest fuel to make electricity. 

Dec 17 - Poland's offshore wind auction seen as key test for Europe after failed tenders
Poland is launching its first competitive offshore wind auction, a test experts say could revive Europe's struggling sector as developers vie for long-term contracts after a string of failed tenders across the region. The auction offers developers 25-year contracts with fixed prices of $135-$143 per megawatt hour, a level of support that contrasts sharply with recent European auctions where low price caps and lack of infrastructure funding have deterred bidders.

Dec 16 - US demands EU exempt its gas from methane emissions law, document shows
The U.S. has demanded that the European Union exempt its oil and gas from obligations under the bloc's methane emissions law on fuel imports until 2035, a U.S. government document seen by Reuters showed. Starting this year, the EU requires importers of oil and gas to Europe to monitor and report methane emissions associated with those imports, in a bid to curb emissions of the potent planet-warming gas. 

Dec 16 - Global coal exports post rare decline in 2025 on China cuts: Maguire
Global shipments of thermal coal - burned in power stations - have posted their first annual decline since 2020 on the back of lower coal-fired power generation in key Asian markets. Total seaborne exports of so-called steam coal are set to come in at about 945 million metric tons in 2025, marking a 5% or roughly 50 million ton drop from 2024, data from commodities intelligence firm Kpler shows. 

Dec 15 - Russia's monthly oil and gas revenue poised to hit lowest since August 2020
Russian state oil and gas revenue in December is likely to almost halve from a year earlier to 410 billion roubles as a result of lower crude prices and a stronger rouble, Reuters calculations showed on Friday. Oil and gas revenue is the leading source of cash for the Kremlin, making up a quarter of federal budget proceeds that have been drained by heavy defence and security spending since Russia began its military campaign in Ukraine in February 2022. 

Dec 15 - Tokyo Gas to steer more than half of overseas investments to US in next 3 years, CEO says
Tokyo Gas plans to direct more than half of the 350 billion yen it has earmarked for overseas investments over the next three years to the U.S. to drive growth, CEO Shinichi Sasayama said. In October, Tokyo Gas unveiled a plan to invest up to 1.3 trillion yen in the years to March 2029, including 350 billion yen for overseas projects such as U.S. shale gas development.

Dec 12 - China's natural gas demand seen up 5% in 2026, CNPC research shows
China's natural gas consumption will likely expand 5% next year from this year, and consumption by the industrial and city-gas sectors is set to grow in coming years, showed forecasts from the research arm of China National Petroleum Corp. The 5% growth forecast marks a rebound from this year when China's apparent gas consumption dipped 0.3% year-on-year during the first 10 months and imports of liquefied natural gas fell 16% during the same period, according to official data. 

Dec 12 - Drax plans to turn coal-era power station into data centre by 2027
Drax Group said on Thursday it could convert part of its power station in Yorkshire, northern England, into a data centre as soon as 2027, using land, cooling systems and transformers once dedicated to coal generation. Europe's ageing coal and gas-fired power plants are looking for a renewed life as tech giants such as Microsoft and Amazon seek to repurpose them into data centres, using existing access to power and water, to meet the surge in AI-driven energy demand.

Dec 11 - US coal binge helps Asia pull ahead of the West in clean power push: Maguire
Major Asian economies including China, India, Japan and Vietnam have cleaned up their power generation systems by more than the United States and Europe in 2025, setting the stage for an East-West divergence in energy transition momentum heading into 2026. Over the first 10 months of 2025, the United States was the only major power market to increase the carbon intensity of power generation compared to the year before, according to data from energy think tank Ember. 

Dec 11 - Proposed Russia-China pipeline needs 'tremendous work,' CNPC researcher says
A proposed pipeline to carry gas from Siberia in Russia to China requires "tremendous work, jobs and negotiations," a senior Chinese researcher said. In the last few years, Moscow has pushed hard to finalise a deal with Beijing to build the second Power of Siberia pipeline and in September, it unveiled a "legally binding memorandum" for its construction during President Vladimir Putin's visit to China. 

Dec 10 - Venture Global hits back at Shell's fraud claims in LNG arbitration battle
Venture Global submitted its response late on Tuesday to a legal challenge from Shell over the oil major's defeat in an arbitration case concerning liquefied natural gas cargoes, rejecting allegations of fraud and accusing Shell of breaching arbitration confidentiality. The legal documents submitted in New York Supreme Court mark the latest development in a prolonged saga over Venture Global's failure to deliver LNG under long-term contracts while selling on the spot market as prices soared after Russia's invasion of Ukraine. 

Dec 10 - US natgas output and demand to hit record highs in 2025, EIA says
U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration said in its Short-Term Energy Outlook on Tuesday. EIA projected dry gas production will rise from 103.2 billion cubic feet per day in 2024 to 107.7 bcfd in 2025 and 109.1 bcfd in 2026. 

Dec 09 - US judge rejects Trump administration's halt of wind energy permits
A federal judge on Monday struck down an order by U.S. President Donald Trump's administration to halt all federal approvals for new wind energy projects, saying that agencies' efforts to implement his directive were unlawful and arbitrary. Agencies including the U.S. Departments of the Interior and Commerce and the Environmental Protection Agency have been implementing a directive to halt all new approvals needed for both onshore and offshore wind projects pending a review of leasing and permitting practices. 

Dec 09 - Texas makes clean power breakthrough as solar output overtakes coal: Maguire
For the first time, Texas' main power system looks set to generate more power from solar farms than coal plants during a calendar year in 2025, marking a key new energy transition milestone for the largest power network in the U.S. The Electric Reliability Council of Texas generated 2.64 million megawatt hours of power from solar assets, compared with 2.44 million MWh of power from coal plants for the January-to-November period. 

Dec 08 - China's November coal imports down 20% year-on-year
Coal imports by China fell 20% in November from the previous year's record high, figures from the General Administration of Customs showed. November imports of 44.05 million metric tons, however, were up 6% from 41.74 million tons in October. 

Dec 08 - India has no immediate plans to add coal power capacity beyond 2035, official says
India does not have any immediate plans to add coal power generation capacity beyond 2035, a top power ministry official said on Sunday. "India wants to secure its energy requirements," Pankaj Agarwal, secretary at the power ministry told Reuters on the sidelines of a power ministry event. 

Dec 05 - US LNG exports will shrink if margin squeeze intensifies: Bousso
Soaring U.S. natural gas prices are eroding profit margins for the nation's LNG producers, a trend that could deepen in the coming years, forcing exports to drop as global competition heats up. U.S. benchmark Henry Hub gas prices spiked on Wednesday to their highest level in three years at over $5 per million British thermal units for January delivery thanks to the combination of cold weather across the U.S. Northeast and a sharp rise in feedstock demand from liquefied natural gas plants. .

Dec 05 - Chevron's Gorgon LNG project secures $2 billion investment nod
The Australian unit of U.S. oil giant Chevron said that the partners of the Gorgon Joint Venture have approved the A$3 billion Gorgon Stage 3 development off Western Australia's northwest coast. The development will be used as backfill for the existing LNG export concern and will link the offshore Geryon and Eurytion natural gas fields to Gorgon's existing infrastructure on Barrow Island. 

Dec 04 - Turkey extends Russia gas contracts by a year, with an eye on US investment
Turkey finalised a one-year extension of its two expiring gas import contracts with Russia that total 22 bcm, and is considering investing in U.S. gas production as it moves to diversify energy sources, Turkey's energy minister said. Turkey, Russia's last major natural gas market in Europe, has been steadily cutting the share of Russian supplies in its gas mix, which has now dropped below 40%. 

Dec 04 - The European countries most impacted by Russian gas phase-out: Maguire
The European Union's plans to phase out Russian natural gas imports by 2027 will impact some member nations more than others, due to wide country variance in gas dependence and differing abilities to switch suppliers to other origins. Some countries - including Hungary and Slovakia - are weighing legal action against the EU as their economies are highly dependent on gas for power and industry and can't benefit from LNG imports as they are landlocked. 

Dec 03 - Aramco's Jafurah gas plant begins output, Saudi finance ministry says
The first phase of oil giant Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said on Tuesday. In its 2026 budget statement, the ministry listed the milestone as an achievement reached in 2025. 

Dec 03 - Europe reaches deal on phasing out Russian gas imports by 2027
The European Council said it reached an agreement with the European Parliament on phasing out Russian gas imports by 2027 as part of an effort to end dependency on Russian energy. The agreement will include a legally binding, stepwise prohibition on liquefied natural gas and pipeline gas imports from Russia with a full ban from the end of 2026 and autumn 2027, respectively. 

Dec 02 - US LNG exports hit record high in November on cooler weather, strong output
U.S. liquefied natural gas exports hit an all-time monthly high in November for the second straight month, driven by cooler weather and robust output from the country's two largest producers, preliminary data from financial firm LSEG showed on Monday. The U.S., the world's top LNG exporter, shipped 10.9 million metric tonnes last month, up from 10.1 mmt in October despite having one fewer day in the month. 

Dec 02 - China's LNG importer crown at risk as high prices cap demand: Russell
Asia's imports of liquefied natural gas flatlined in November, putting the top-buying region of the super-chilled fuel on track to record its first annual decline in three years. Much of the blame for the soft outcome can be laid at the door of China, which may lose its status as the world's top LNG importer to previous champion Japan. 

Dec 01 - Gunvor weighs US energy push that could bolster Washington ties, sources say
Commodity trader Gunvor has held active talks to invest in U.S. oil- and gas-producing assets, which could smooth over ties with the Trump administration after fallout from Gunvor's bid to buy sanctioned Russian major Lukoil's foreign assets, two sources familiar with the matter said. Gunvor dropped its bid to buy Lukoil's assets after the U.S. Treasury expressed strong opposition to the move, calling the trading firm "Kremlin's puppet." 

Dec 01 - Ukraine's gas imports via Transbalkan route to double, operator says
Ukraine will almost double gas imports via the southern Transbalkan route linking it with Greece as it was forced to replace supplies lost due to Russian attacks, import data from transit operators showed. Russian missile strikes on gas production facilities have deprived Ukraine of at least half of its own gas output and local energy officials say the country will need to import an additional 4 billion cubic metres of gas over the winter. 

Nov 28 - China bracing for record winter spikes in power and gas demand this year
This year, China’s peak electricity load, or demand, and peak daily gas consumption are both forecast to hit the highest level yet recorded in winter, an official from the National Development and Reform Commission said on Thursday. Electricity demand usually spikes during the winter and summer because of heating and cooling demand. 

Nov 28 - Canada rolls back climate rules in energy deal with Alberta
Canada's Prime Minister Mark Carney signed an agreement with Alberta's premier on Thursday that rolls back certain climate rules to spur investment in energy production, while encouraging construction of a new oil pipeline to the West Coast. Under the agreement, the federal government will scrap a planned emissions cap on the oil and gas sector and drop rules on clean electricity, in exchange for a commitment by Canada's top oil-producing province to strengthen industrial carbon pricing and support a carbon capture-and-storage project. 

Nov 27 - India's clean energy ministry urges power regulator to defer stricter green power rules
India's renewable energy ministry has urged the power regulator to delay plans for stricter rules requiring wind and solar producers to stick more closely to their grid supply commitments, warning the move could deter investment. The Central Electricity Regulatory Commission, in a draft published in September, proposed tighter regulations for wind and solar power producers under the Deviation Settlement Mechanism.  

Nov 27 - Orsted, ESB win 900 MW offshore wind tender in Ireland
Ireland has awarded rights to develop a 900 megawatt offshore wind farm to a joint venture between Denmark's Orsted and Irish utility ESB, Orsted said on Wednesday. The Tonn Nua project was awarded with a 20-year contract-for-difference secured at a strike price of 98.72 euros per megawatt hour. 

Nov 26 - Venture Global accuses Shell of campaign to harm LNG business
U.S. LNG producer Venture Global accused Shell of waging a "three-year campaign" to damage its business after Shell appealed an arbitration loss, according to a staff note confirmed by Reuters. Venture Global has faced arbitration claims from Shell, BP and other European buyers alleging contract breaches after the company sold LNG on the spot market during the 2022 energy crisis.  

Nov 26 - Don’t expect Ukraine peace deal to alter Europe’s gas gameplan: Bousso
Europe’s gas market is far calmer today after years of turmoil that saw the region swap Russian supplies for liquefied natural gas imports, a strategy that is unlikely to change even if U.S. President Donald Trump brokers a peace deal in Ukraine. The White House is pushing Moscow and Kiev to agree to a plan to end the almost four-year war. 

Nov 25 - US senators say Trump has failed to prevent Russian LNG from helping fund war in Ukraine
Four Democratic U.S. senators said on Monday that lax enforcement by the Trump administration of sanctions on Russia's Arctic LNG 2 export terminal allows China to buy discounted liquefied natural gas and helps Moscow fund the war in Ukraine. The lawmakers, including Senator Elizabeth Warren, urged the Trump administration in September to resume targeted sanctions on Russian energy supplies, saying it was giving China a "free pass" by allowing it to buy discounted LNG from Arctic LNG 2.  

Nov 25 - Woodside and East Timor aim for first LNG from Greater Sunrise in 2032
Australia's Woodside Energy and East Timor have agreed to study sending gas from the large, undeveloped Greater Sunrise fields to a new liquefied natural gas plant in the Southeast Asian nation that could start exporting in the next seven years. The agreement calls for the two sides to study the commercial and technical viability of a 5-million-metric-ton project, with a high-level plan to start producing LNG as early as 2032-2035, Woodside and East Timor's petroleum and mineral resources ministry said in a joint statement. 

Nov 24 - COP30 seals uneasy climate deal that sidesteps fossil fuels
Brazil's COP30 presidency pushed through a compromise climate deal on Saturday that would boost finance for poor nations coping with global warming but that omitted any mention of the fossil fuels driving it. In securing the accord, Brazil hoped to demonstrate global unity in addressing climate change impacts even after the world's biggest historic emitter, the United States, declined to send an official delegation.  

Nov 24 - Australian labour tribunal approves Woodside LNG project strike vote
Australia’s Fair Work Commission approved on Monday a union request to hold a ballot for workers to vote on striking at Woodside Energy’s Pluto LNG 2 project in a battle over pay at the facility. The commission ordered the ballot be held no later than December 4. If successful a strike could be held before the end of the year, slowing work at the facility where the company hopes to ship its first liquefied natural gas cargo in the second half of 2026. 

Nov 21 - Bosnia, US eye pipeline to cut Russian gas dependency
U.S. and Bosnian officials have discussed ways to speed up a long-delayed project to build a natural gas pipeline with Croatia that is seen as an alternative to Russian gas, the U.S. Embassy in Sarajevo said in a statement on X on Thursday. The officials also agreed in principle that U.S. partners would lead the project, the statement said. 

Nov 21 - US LNG export dominance to be tested as sellers look beyond Europe: Maguire
A potent mix of American ingenuity and full-throated political backing has propelled the U.S. to the top of global LNG exporter rankings, and promoted a narrative that shipments of "freedom gas" will continue climbing to all markets for years to come. But while U.S. liquefied natural gas exports in 2025 are nearly a third more than those of the next largest exporter, the heavy skew of sales to Europe leaves American LNG vendors at risk of rapid volume downturns as European buyers curb gas use.

Nov 20 - Decades-long contracts chain Asia to coal-fired power
Decades-long coal-fired power purchase contracts are slowing the transition to cleaner energy sources in Asia, leading utilities to burn more coal even when wind and solar power are available, according to climate researchers and renewable energy advocates. Rising dependence on coal for power generation in countries such as Indonesia and Vietnam is a major obstacle to global efforts to combat climate change, exacerbated by stalled funding for renewable energy projects from rich countries. 

Nov 20 - Slovakia may sue EU over plans to stop Russian gas supplies
Slovakia is considering suing the EU over its plans to stop the delivery of Russian gas supplies from 2028 as a result of its war in Ukraine, Prime Minister Robert Fico said on Wednesday. Slovakia and Hungary have been sharply critical of the EU executive's plans to phase out Russian energy, with both still highly reliant on gas and oil supplies from Moscow and fearful that more-costly alternatives will damage their economies.

Nov 19 - Russia's Novatek gives deep discounts to sell sanctioned LNG to Chinese buyers, sources say
Russian liquefied natural gas producer Novatek has slashed the prices of its cargoes by 30% to 40% since August to entice Chinese buyers to purchase sanctioned gas from its Arctic LNG 2 project, sources familiar with the matter told Reuters. The purchases have ended the commercial limbo for the $21-billion project, which is subject to some of the harshest sanctions the U.S. and Europe have imposed on Russia.

Nov 19 - EU approves $2 billion subsidy for German coal exit
The European Commission said on Tuesday that it has approved a 1.75 billion euros compensation payment from Germany to power company LEAG for exiting coal by 2038. As part of its efforts to become climate neutral by 2045, Germany's government in 2020 agreed to shut coal-fired power plants by 2038. It agreed with LEAG on the compensation amount, pending EU approval.

Nov 18 - TotalEnergies targets power trading boost with $6 billion Kretinsky gas plant deal
TotalEnergies said on Monday it would more than double its net gas generation capacity by acquiring 50% of Czech energy company EPH's Western European flexible power generation portfolio in a 5.1 billion euro all-stock deal. The French oil major wants to become a leading global integrated electricity player, combining renewables and gas-fired generation to meet rising demand from sectors such as data centres while increasing power trading profits. 

Nov 18 - Indonesia coal power phase-out plan at risk due to stalled international funding
Indonesia's plan to retire 6.7 gigawatts of coal-fired power plant capacity by 2030 to fight climate change is at risk of failure due to stalled disbursal of funding from rich countries, the country's top official overseeing the program told Reuters. A coalition of 10 donor nations called the Just Energy Transition Partnership promised in 2022 to raise $20 billion within three to five years for Indonesia, once described as the "single-largest climate finance transaction." Funds to retire plants representing 13.5% of the country's coal-fired power capacity were to be included in the sum

Nov 17 - Saudi Aramco to sign US LNG agreements during crown prince's visit to Washington, sources say
Saudi Aramco is set to sign two U.S. liquefied natural gas supply deals with Woodside Energy and Commonwealth LNG when Saudi Arabia's Crown Prince Mohammed bin Salman visits Washington next week, sources familiar with the matter told Reuters. The world's largest oil exporter, Saudi Aramco, wants to become a major liquefied natural gas player, especially in the United States, where LNG capacity is set to almost double over the next four years.
 

Nov 17 - Shell ordered to pay Venture Global's legal fees after arbitration loss
Venture Global said on Friday that following Shell’s recent loss in arbitration over liquefied natural gas supply claims, an International Chamber of Commerce panel has issued an award ordering Shell to pay its legal fees. "Venture Global looks forward to putting these proceeds toward our coastal restoration efforts along the Gulf of America," a company spokesperson said, referring to the Gulf of Mexico.

Nov 14 - TotalEnergies' Mozambique gas 'fortress' fuels local anger and insurgency fears
In October, TotalEnergies lifted force majeure on the project, one of several set to catapult the world's eighth-poorest nation into the top 10 gas exporters by 2040. But to secure its facilities, located on the Afungi peninsula about 20 kilometres (12 miles) from Palma, it has moved to what it calls "containment mode" - operating from a giant compound accessible only by sea or air.

Nov 14 - China's coal output fell 2.3% year-on-year in October
China's coal output fell 2.3% year-on-year in October, official data showed on Friday, reflecting production restrictions designed to support prices. October output was 406.75 million metric tons. The output was also lower than 411.51 million tons in September, the data from the National Bureau of Statistics showed.

Nov 13 - China planning renewable energy expansion beyond power sector
China's energy administration said on Wednesday that it will push renewable energy use beyond the power sector over the next five years, aiming to better absorb the country's booming wind and solar output. Provinces and power producers should help local governments to build up their industrial bases for green hydrogen, green ammonia, green methanol, and sustainable aviation fuel during the next five-year plan from 2026-2030, the National Energy Administration (NEA) said in its opinion document on integrating new energy.

Nov 13 - LNG prices will drop in 2026 to absorb supply surge, but how much?: Russell
The liquefied natural gas market is bracing for a surge in supply next year, largely from top exporter the United States, but what is less certain is just how low spot prices will have to drop to clear the additional volumes. Global supply of the super-chilled fuel is expected to rise to 475 million metric tons in 2026, according to data from commodity analysts at Kpler, a 10.2% gain over the 431 million tons forecast for 2025.

Nov 12 - Shell challenges arbitration decision on Venture Global LNG supply contracts
Shell has challenged its defeat in an arbitration case against U.S. liquefied natural gas producer Venture Global in the New York Supreme Court, a legal filing seen by Reuters shows, weeks after rival BP won a similar $1 billion-plus arbitration. Both arbitration cases were over Venture Global's failure to deliver LNG under long-term contracts while selling on the spot market as prices soared after the outbreak of the war in Ukraine. 

Nov 12 - Gigawatt growth - How the global power pipeline is taking shape: Maguire
Global power generation capacity is on track to expand by just over 25% once projects that are currently under construction are completed and steer power onto generation systems and electricity grids. Around 1,450 gigawatts (GW) of new power capacity is currently under construction globally, which when complete will lift the world's power capacity footprint from 8,000 GW to nearly 9,500 GW, data from Global Energy Monitor shows.

Nov 11 - Venture Global swings to third-quarter profit on record LNG exports, new supply deals
Venture Global swung to a profit in the third quarter, it reported on Monday, as record liquefied natural gas exports and a flurry of new long-term supply deals boosted earnings. The company, the second largest LNG exporter in the U.S., saw net profit rise to $429 million in the quarter ended September 30, compared to a loss of $347 million in the same period last year. Revenue rose 260% to $3.3 billion.

Nov 11 -Shell exits two wind projects off the UK coast after strategic review
Shell has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review, the company said on Monday, a move that aligns with its current pivot away from renewables. Shell sold its 50% interest in MarramWind to ScottishPower Renewables and returned the CampionWind lease to Crown Estate Scotland, it said. While ScottishPower Renewables said it would continue the development of MarramWind, it was not immediately clear whether CampionWind would move forward as proposed under Crown Estate Scotland.

Nov 10 - US set to produce record amounts of natural gas to meet surging export demand
U.S. energy firms produced a record amount of natural gas during the third quarter as producers scrambled to keep up with soaring domestic and export demand for the fuel. Power-hungry data centers and a boom in liquefied natural gas (LNG) exports are driving up U.S. gas use, pushing producers to pull more gas out of the ground. Both supply and demand are set to hit record highs in 2025 and 2026, according to the U.S. Energy Information Administration.

Nov 10 - India's rapid renewables rollout vs demand mismatch driving up power costs, official says
India's rapid renewable energy rollout is straining grid operations and contributing to rising electricity supply costs as demand growth has not kept pace, a senior official at the Central Electricity Authority (CEA) said on Friday. India's renewable power output rose at its fastest pace since 2022 in the first half of 2025. The country achieved 50% of its installed electricity capacity from non-fossil fuel sources earlier this year, amid its target of adding 500 gigawatts by 2030.

Nov 07 - US LNG producers ink near record contract volumes, even as fees climb
U.S. liquefied natural gas developers are on track this year to ink the second-highest annual number of binding sales contracts, despite industry concerns about increasing capacity and rising costs. In the first 10 months of 2025, U.S. LNG producers signed sales and purchase agreements for 29.5 million metric tonnes of LNG per year, more than four times the 7 mtpa signed in all of 2024, data from consulting firm Rapidan Energy Group shows.  

Nov 07 - Japan to step up LNG purchases for emergency reserve from January, industry ministry sources say
Japan, the world's No.2 LNG importer, plans to buy liquefied natural gas for emergency reserves on a monthly basis from January, instead of buying only during peak demand periods, to guard against supply shocks, two industry ministry sources said. The reinforcement of the country's Strategic Buffer LNG program, run by the Ministry of Economy, Trade and Industry, will ensure at least one LNG cargo - about 70,000 metric tons - is secured each month to mitigate supply risks. 

Nov 06 - Poland in talks to import more LNG from US to supply Ukraine, Slovakia
Poland is working on a deal to import liquefied natural gas from the U.S. to supply Ukraine and Slovakia, an agreement that would further tighten the European Union’s ties to American energy, two sources familiar with the negotiations said. "We are working with our partners – Americans, Slovaks, Ukrainians – on the possibilities of importing American gas to boost the energy security of our region," the Polish energy ministry told Reuters, confirming the talks.

Nov 06 - Chevron nears green light to expand Leviathan gas field but Egypt export permit lacking
Chevron is nearing a final investment decision for an expansion of the Leviathan gas field off Israel's Mediterranean coast, but is still waiting for an Israeli permit to export the gas to Egypt, it said. Chevron and its partners in the field, NewMed and Ratio, in August signed the largest export agreement in Israel's history with Egyptian firm Blue Ocean, worth up to $35 billion, to supply gas to Egypt mainly via new pipelines.

Nov 05 - EU tentatively agrees weakened climate target in final-hour deal for COP30
EU climate ministers struck a tentative deal on a 2040 climate change target after watering down the goal in last-minute negotiations, a draft EU document showed, as they raced to clinch the deal before the U.N. COP30 summit in Brazil. After more than 18 hours of negotiations, climate ministers from European Union countries gave their informal backing to a compromise to cut emissions 90% by 2040, from 1990 levels, but with flexibilities to weaken this aim, EU diplomats said.  

Nov 05 - How BP won its $1 billion-plus case against Venture Global
Oil major BP won its $1 billion-plus arbitration case against liquefied natural gas producer Venture Global with an argument of unfair behaviour by the U.S. company, said five sources close to the matter, shedding light on strategy that could be used by claimants in parallel cases. BP won its case in October, two months after rival Shell lost a similar case when it failed to prove that Venture Global broke its long-term LNG contracts. 

Nov 04 - Asia LNG imports slip on weak China, but Europe gain compensates: Russell
Asia's imports of liquefied natural gas fell in October from the same month a year earlier, as top buyer China extended a run of weakness that has stretched for a year. In contrast to the soft demand in the world's top-importing region, demand for the super-chilled fuel has been robust in Europe as the continent builds inventories ahead of the northern winter.  

Nov 04 - Orsted sells 50% stake in UK wind farm for $6 billion to Apollo
Denmark's Orsted said it agreed to sell a 50% stake in Britain's Hornsea 3 offshore wind farm for $6.09 billion, widely regarded as a crucial move to prevent a crippling credit rating downgrade. Orsted, the world's largest offshore wind developer, is trying to restore investor confidence as it faces rising costs from supply chain disruptions and inflation, as well as uncertainty wrought by U.S. President Donald Trump's opposition to renewable energy. 

Nov 03 - ConocoPhillips begins natural gas drilling campaign offshore eastern Australia
U.S. independent ConocoPhillips began drilling its first exploration well as part of larger campaign searching for natural gas offshore eastern Australia, 3D Energi, its junior partner in the project, said. Work began over the weekend on the Essington-1 well, which will take 32 days to drill down to 2,650 metres (8,694 feet), 3D Energi said in a filing to the ASX.  

Nov 03 - India's October power output sees sharpest drop since COVID as rains dampen demand
India's power output fell at the fastest pace last month since the pandemic, as subdued industrial activity and unusually wet weather dented electricity demand and reduced cooling needs, a Reuters analysis of government data showed. Total electricity generation in October fell 6% year-on-year to 142.45 billion kilowatt-hours, an analysis of data from federal grid regulator Grid-India showed.

Oct 31 - Japanese utilities can find replacement for Sakhalin-2 if LNG supplies interrupted, executives say
Japanese utilities JERA and Tohoku Electric Power Co, buyers of liquefied natural gas from Russia's Sakhalin-2, can secure alternative supplies if flows are interrupted, executives said, amid U.S. pressure to end energy imports from Russia. The U.S. this month urged Japan, along with other Russian energy buyers, to stop imports, as it pushes the Kremlin towards ending the war in Ukraine. Japan's long-term contracts with Sakhalin-2 cover about 9% of its LNG imports.  

Oct 31 - Sanctioned LNG tanker makes STS transfer offshore Malaysia, analysts say
A sanctioned liquefied natural gas (LNG) tanker made a ship-to-ship (STS) transfer off the coast of Malaysia after picking up a cargo from a Russian export terminal also under Western restrictions, according to two analytics firms. The operation appears to be the first known STS transfer of sanctioned Russian LNG, despite Western efforts to curb Moscow's energy revenues over its war in Ukraine.

Oct 30 - Asia thermal coal imports ease as prices rise from 4-year lows: Russell
Prices of the main grades of seaborne thermal coal in Asia have continued their modest recovery from four-year lows, but the gains are coming at the expense of volumes as major importers trim demand. China, India, Japan and South Korea, the world's four biggest coal importers, are all on track for lower arrivals in October than September, according to data compiled by analysts DBX Commodities. 

Oct 30 - Another tanker set off from Russia's sanctioned Portovaya LNG plant, data shows
A second gas carrier has departed from Russia's U.S.-sanctioned Portovaya LNG plant on the Baltic Sea after a hiatus, in search of a foreign buyer, showing Russia's continued efforts to flout restrictions on LNG sales, LSEG data showed on Wednesday. According to the ship-tracking data, gas carrier Valera, previously named Velikiy Novgorod, had departed from the Gulf of Finland. It was due to arrive at an unspecified location on January 15, the data showed.

Oct 29 - US strikes $80 billion deal for new nuclear power plants
The U.S. government inked a partnership with the Canadian owners of Westinghouse Electric on Tuesday that aims to build at least $80 billion in nuclear reactors. It is one of the most ambitious plans in U.S. atomic energy in decades, underscoring President Donald Trump's agenda to maximize energy output, focused on oil, gas, coal and nuclear.  

Oct 29 - Global LNG demand to rise as new supply eases prices, say trade executives
Global liquefied natural gas (LNG) demand is set to rebound as new supply entering the market is expected to push prices down and spur interest from price-sensitive buyers, trading executives at the Asia Gas Markets Conference said on Tuesday. Demand would develop gradually with prices below $7-8 per million British thermal units (mmBtu) needed to stimulate demand, said Mohammad Arif, Uniper's head of LNG Asia Pacific. 

Oct 28 - IEA forecasts record LNG growth to lower prices, spur demand
A record wave of new liquefied natural gas production capacity coming online until 2030 is set to transform gas market dynamics by strengthening global supply security and easing market pressure, the International Energy Agency said on Monday. The IEA said in its "Gas 2025" medium-term outlook report that 300 billion cubic metres per year of LNG export capacity is set to be added by 2030, primarily in the United States and Qatar.

Oct 28 - Venezuela suspends energy agreements with Trinidad, including gas projects
Venezuela has suspended energy-development cooperation with Trinidad and Tobago, including joint natural gas projects in the works, Venezuelan President Nicolas Maduro said on Monday. Maduro said in a TV broadcast that the oil ministry and state-run oil producer PDVSA's board sent a proposal to suspend a cooperation agreement with Trinidad to his desk.

Oct 27 - Wave of LNG supply to change rules of market, IEA chief says
A surge in supply of liquefied natural gas (LNG) coming to market this year and next is poised to change the rules of the market, International Energy Agency Executive Director Fatih Birol said. LNG markets are turning from sellers' markets to buyers' markets, which is pushing LNG prices down, an important point for LNG importers in Asia, he said.

Oct 27 - U.S. natural gas sector deals surge in 2025 on AI, LNG demand from Asia
U.S. natural gas dealmaking has surged in 2025 and is set to accelerate, analysts say, driven by record power demand from AI data centers, rising LNG exports and renewed Asian investment. The United States is poised to see a record surge in power demand this year, led by data centers' outsized energy needs, the U.S. Energy Information Administration (EIA) says.

Oct 24 - Europe adopts 19th sanctions package against Russia, including LNG import ban
The European Union adopted its 19th package of Russia sanctions on Thursday, banning Russian liquefied natural gas imports and targeting entities ranging from Chinese refiners and Central Asian banks to a Russian prison medic. The overall package would make it increasingly hard for Russian President Vladimir Putin to fund his invasion of Ukraine, EU foreign policy chief Kaja Kallas said in a post on X. 

Oct 24 - Malaysia's coal binge shows what nations do to cash in on LNG boom: Maguire
It's not just the U.S., Qatar and Australia that are vying for a share of the lucrative LNG export market. Malaysia wants a cut too, and is retooling its own power generation system to do it. So far in 2025, Malaysia has lifted its imports of thermal coal to a record and boosted coal-fired electricity generation to all-time highs, data from Kpler and Ember shows.

Oct 23 - EU plans changes to sustainability law as US, Qatar increase pressure
The European Parliament agreed on Wednesday to consider further changes to the EU's corporate sustainability rules, as the U.S. and Qatar stepped up pressure on Brussels to weaken the law. The U.S. and Qatar had urged the European Union to scale back the law and warned on Wednesday that the rules risked disrupting liquefied natural gas trade with Europe. 

Oct 23 - US shipbuilders, ports take knock-on hit from Trump assault on offshore wind
U.S. shipbuilders and port operators are getting hit in the fallout from President Donald Trump’s campaign to wipe out the offshore wind industry, suffering hundreds of millions of dollars in lost government support, vanishing vessel orders, and an uncertain future for the billions of dollars' worth of investments. The impact represents an unintended consequence of Trump’s policy on the offshore wind industry, which has included stop-work orders and permit reviews for massive projects that were spurred by former President Joe Biden's green investment policy. 

Oct 22 - Venture Global gets approval to export LNG from CP2 plant
U.S. Secretary of Energy Chris Wright gave Venture Global final approval on Tuesday to export liquefied natural gas from its CP2 plant, under construction in Louisiana, to countries that do not have a free trade agreement with the U.S. The approval will allow Venture Global to export 28 million metric tons per annum or 3.96 billion cubic feet per day of U.S. natural gas to so called non-Free Trade Agreement countries. 

Oct 22 - US LNG exporters and households on gas use collision course: Maguire
Natural gas consumption by U.S. LNG firms looks set to overtake gas use by U.S. households for the first time in 2025, stoking tensions between the export-oriented LNG sector and domestic gas consumers already saddled with record-high energy bills. LNG exporters are by far the fastest-growing source of U.S. natural gas demand, with annual gas use by the sector jumping by 140% between 2019 and 2024, data from the U.S. Energy Information Administration shows

Oct 21 - China imports record amount of Mongolian coal in September
China's imports of Mongolian coal reached a record monthly high in September, customs data showed on Monday, as Beijing's efforts to tackle overcapacity pushed up domestic prices and sent traders looking for cheaper supply. Mongolia shipped 9.29 million metric tons of coal to China in September, according to China's General Administration of Customs. 

Oct 21 - EU agrees to gradually end Russian gas imports by January 1, 2028
EU energy ministers on Monday backed a proposal to phase out Russian oil and gas imports to the bloc by January 2028, the Council of the European Union said. The ministers approved the plans, which would phase out new Russian gas import contracts from January 2026, existing short-term contracts from June 2026, and long-term contracts in January 2028, at a meeting in Luxembourg. 

Oct 21 - Ukraine drone attack on Russian gas plant hits Kazakh output, sources say
A Ukrainian drone attack on Russia's Orenburg gas plant has forced neighbouring Kazakhstan to reduce production at its Karachaganak oil and gas condensate field by 25% to 30%, two industry sources told Reuters on Monday. One of the world's largest gas processing plants, Orenburg was forced to suspend its intake of gas from Kazakhstan after the attack, Kazakhstan's energy ministry said on Sunday. 

Oct 20 - Venture Global held talks with Ukraine to provide it with more LNG, sources say
Venture Global has held talks with Ukraine to sell it additional cargoes of liquefied natural gas from its Plaquemines LNG plant in Louisiana as the winter approaches amid Russian attacks on its infrastructure, three people told Reuters. The talks for LNG from Plaquemines are taking place with Ukraine's DTEK, a major player in Ukraine's energy sector, according to two of the people. 

Oct 20 - US drillers add oil and gas rigs for first time in three weeks, Baker Hughes says
U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by one to 548 in the week to October 17.

Oct 17 - Qatar's energy minister warns EU law could stop it supplying LNG to Europe
Qatar will not be able to do business in the EU, including supplying Europe with LNG to plug its energy gap, if further changes are not made to its corporate sustainability rules, Qatar's energy minister Saad al-Kaabi told Reuters on Thursday. Qatar, one of the world's top liquified natural gas exporters, has argued that the EU's corporate sustainability due diligence directive adopted in 2024, poses a significant risk to state-owned QatarEnergy. 

Oct 17 - States sue to stop Trump cancellation of $7 billion solar grant program
Nearly two dozen states are suing the Trump administration over its cancellation of a $7 billion grant program aimed at expanding solar energy in low-income communities, according to court papers. In a statement on Thursday, California Attorney General Rob Bonta announced two lawsuits by a group of states that received grants under the Environmental Protection Agency's Solar for All program.

Oct 16 - EU invites Serbia to join collective gas-buying plan to reduce reliance on Russia
The European Union has invited Serbia to join the bloc's communal gas-buying initiative, EU Commission head Ursula von der Leyen said on Wednesday, as it seeks to reduce the Balkan country's reliance on fossil fuels from Russia. The EU launched a joint gas-buying platform in 2023 to give participants more leverage to achieve better deals after Russia slashed its gas deliveries to Europe in 2022, driving European energy prices to record highs. 

Oct 16 - Hungary attacks EU energy policy at Moscow conference
Hungary would suffer if it were cut off from Russian energy, Budapest's foreign minister said during a visit to Moscow, reiterating that the country would not accept outside pressure when it came to decisions on its energy supplies. Peter Szijjarto was attending the Russian Energy Week forum as NATO defence ministers met in Brussels to discuss military aid for Ukraine, underlining Budapest's differences with most other members of the alliance when it comes to dealing with Moscow.

Oct 15 - Shell approves $2 billion offshore gas project in Nigeria with Sunlink
Shell has approved the development of an offshore gas project in Nigeria along with its joint venture partner Sunlink Energies, the oil major said on Tuesday, the latest in a series of investments by its Nigerian business. The HI offshore gas project, once completed, will supply 350 million standard cubic feet of gas per day at peak production to Nigeria LNG, which produces and exports liquefied natural gas to global markets, Shell said.

Oct 15 - Chevron pushes for say in Venture Global request for Plaquemines LNG startup extension
Chevron on Tuesday asked federal regulators to let it offer an opinion on Venture Global's recent request for more time to commission the Plaquemines LNG plant in Louisiana, at which the U.S. oil major has a long-term sales and purchase agreement that could be affected by any delay. The filing from Chevron came just days after an arbitration tribunal found that Venture Global breached an agreement with BP to declare timely commercial operations at its separate Calcasieu Pass plant, also in Louisiana.

Oct 14 - China solar stocks rise on potential capacity controls
Chinese solar stocks soared as state media reported that authorities were planning to strengthen controls on solar production capacity, as the industry faces a glut of supply that has driven prices unsustainably low. The state-run Securities Times reported on Tuesday that relevant authorities may release a notice on strengthening the regulation and control of solar production capacity. The report did not contain further details.

Oct 14 - India unveils $77 billion hydro plan as China builds upstream dam
India's power planning authority has drawn up a 6.4 trillion rupees transmission plan to move more than 76 gigawatts of hydroelectric capacity from the Brahmaputra basin by 2047 to meet rising electricity demand, the Central Electricity Authority said on Monday. In a report released on Monday, the CEA said the plan covers 208 large hydro projects across 12 sub basins in the northeastern states, with 64.9 GW of potential capacity and an additional 11.1 GW from pumped storage plants.

Oct 13 - China's September coal imports rise to nine-month high
China's coal imports rose to a nine-month high in September as rising domestic prices made imported coal more competitive, but shipments remained below year-earlier levels, customs data showed. Coal imports by China, the world's largest consumer of the fuel, totaled 46 million metric tons last month, according to China's General Administration of Customs.

Oct 13 - Russian hybrid warfare could leave Europe’s energy consumers in the cold: Bousso
The recent surge in suspected Russian "hybrid warfare" incidents across Europe has put governments on high alert, raising questions about the vulnerability of the region’s energy infrastructure as the continent enters the critical winter heating season. Preventing sabotage of a massive energy network poses security and logistical challenges. But Europe’s leaders may need to start planning.

Oct 10 - BP wins arbitration case against Venture Global over LNG cargoes
BP has won its arbitration case against Venture Global over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022, Venture Global said on Thursday. The International Chamber of Commerce International Court of Arbitration found that Venture Global breached its obligations to declare commercial operations had begun at the Calcasieu Pass plant in a timely manner and act as a "reasonable and prudent operator," Venture Global said in a regulatory filing.

Oct 10 - US grants license for Shell, Trinidad to develop Venezuelan gas field, official says
The U.S. government has granted an authorization for energy major Shell and Trinidad and Tobago to develop an offshore gas field in Venezuela close to the maritime border, Trinidad's attorney general said on Thursday.  The prominent project, aimed to supply Trinidad with Venezuelan gas, has progressed slowly in recent years amid frequent U.S. policy changes towards Venezuela, which has remained under U.S. energy sanctions since 2019.

Oct 09 - EU's plan to phase out Russian energy clears first political hurdle
European Union countries' ambassadors on Wednesday agreed to move ahead with the bloc's plan to end Russian oil and gas imports by 2028, EU diplomats said, clearing the law's first political hurdle before governments vote on it later this month. The EU is negotiating legal proposals to phase out Russian oil and gas by January 2028, attempting to deprive the Kremlin of revenues to fund its war in Ukraine.

Oct 09 - Russian strikes on Ukraine’s gas will reverberate across Europe: Bousso
Russia's heavy bombardment of Ukraine's natural gas infrastructure ahead of winter is set to have a knock-on impact on Europe's energy market as Ukraine draws more fuel from its western neighbours. Any increase in European gas prices as a result of Ukraine’s purchases is nevertheless likely to be mitigated by the abundance of global liquefied natural gas supplies.

Oct 08 - Global renewable power output overtakes coal for the first time, report says
Renewable energy sources generated more electricity than coal globally for the first time in the first half of 2025, driven by rapid growth in China and India, a report by think tank Ember showed on Tuesday. Curbing coal power generation, which emits around double the amount of carbon dioxide as gas generation, is regarded as vital by most scientists to meeting global climate targets.

Oct 08 - Turkey's gas shift threatens Russia and Iran's last big European market
Turkey could meet more than half of its gas needs by the end of 2028 by ramping up production and increasing U.S. imports, in a shift that threatens to shrink the last major European market for Russian and Iranian suppliers. Washington has publicly pressured allies, including NATO member Turkey, to cut energy ties with Moscow and Tehran. At their White House meeting on September 25, U.S. President Donald Trump pressed Turkish President Tayyip Erdogan to cut Russian energy purchases.

Oct 07 - IEA trims renewables outlook as US policy shifts and China auction reforms weigh
The International Energy Agency cut its global forecast for renewable power growth by 2030 by 900 gigawatts from last year's outlook, citing weaker prospects in the United States and China, even as solar power continues to drive record additions. Global renewable power capacity is now expected to rise by 4,600 GW by 2030 - down from a forecast of 5,500 GW in 2024 - with solar accounting for about 80% of the increase, the data showed.

Oct 07 - Solar groups sue Trump administration over cancellation of $7 bln in grants
A group of labor unions, nonprofits and solar companies sued the Trump administration on Monday over its cancellation of a $7 billion Biden-era grant program that aimed to expand solar energy to low-income communities. The complaint, filed in federal court in Rhode Island, alleges that the U.S. Environmental Protection Agency and its administrator, Lee Zeldin, broke the law when grants awarded in 2024 to 60 nonprofit groups, tribes and states were rescinded.

Oct 06 - California's solar and battery combo packs a transformational punch: Maguire
Although overshadowed so far by booming data center demand and the U.S. government's gutting of clean energy policies, California's rapid scaling of solar farms and battery systems may yet emerge as 2025's most significant power story. California's mammoth solar farms have generated more electricity than the state's fossil fuel power plants for a record-long stretch so far in 2025, setting a new marker for energy transition progress in the United States.

Oct 06 - Batista brothers' J&F in talks for EDF plant in Brazil energy push
J&F Investimentos SA, the holding company owned by Brazil's billionaire Batista brothers, is in talks to acquire French utility EDF's Rio de Janeiro thermal plant, according to two people familiar with the matter. The deal, which could fetch up to 2 billion reais according to one of the sources, has also drawn interest from other bidders, they added. One of the sources noted that the asset sale, coordinated by Bank of America, is still in its early stages and J&F has not yet made a binding offer.

Oct 03 - Shell-led LNG Canada prepares to start Train 2
Shell-led LNG Canada has begun the process of starting up its second 6.5 million tonnes per annum liquefied natural gas processing unit known as Train 2 in Kitimat, British Columbia, a company spokesperson told Reuters on Thursday. The startup of Train 2, however, is happening as the company continues to experience technical problems at Train 1, according to two people with knowledge of its operations. The train was reported by sources to have technical issues in July, a month after it had started first production. 

Oct 03 - China’s banks lend to Saudi gas project while its funds sit out of BlackRock-led deal, sources say
China’s biggest state banks are lending billions to Aramco’s Jafurah gas project, though its funds have passed on the opportunity to invest in the venture, three people familiar with the matter said. Chinese banks provided more than a third of the financing for what will potentially be the biggest shale gas project outside of the U.S., with Bank of China, ICBC and China Construction Bank each lending about $1 billion and Agricultural Bank of China around $750 million, two people familiar with the matter said.

Oct 02 - BlackRock's GIP in talks to buy power company AES, sources say
BlackRock-owned Global Infrastructure Partners is in advanced talks to buy utility group AES, people familiar with the matter said on Wednesday, a deal that could be one of the largest ever involving a U.S.-listed power company. AES shares soared to close 16.8% higher at $15.37, their highest finish in 11 months, on the news that was first reported by the Financial Times. 

Oct 02 - Italy's economic woes have a climate upside, for now: Maguire
Italy's enduring economic malaise is resulting in the lowest emissions from its power sector in decades. But climate activists should beware that planned measures to boost the economy could trigger a swift U-turn in pollution trends. Over a decade of economic stagnation has seen Italy's economic growth fall far behind that of regional rivals, resulting in steadily declining goods output and exports and lower power consumption by many of the country's businesses.

Oct 01 - US coal auctions will test industry appetite for Trump mining revival
The Trump administration will auction off coal leases on federal lands in four U.S. states in the coming days, a key test of mining industry interest in its efforts to revive a sector in decline. The sales in Alabama, Montana, Utah and Wyoming will be the first since President Donald Trump’s administration rolled out measures to support the coal industry with increased access to federal lands and hundreds of millions of dollars for more coal-fired power plants. 

Oct 01 - Japan's renewable curtailments on track to hit record as nuclear generation rises
Curtailment of wind and solar power generation in Japan is set to rise to record levels this year due to increased nuclear power use, a Reuters review of industry data showed, exacerbating pain for a sector seeing an exodus of players. In the years since the 2011 Fukushima disaster prompted a nationwide nuclear shutdown, the world's fifth-largest power producer has gradually restarted some nuclear plants.

Sep 30 - LNG is Shell's top contribution to energy industry over next decade, CEO says
Liquefied natural gas will be European oil major Shell's biggest contribution to the energy industry over the next decade in terms of value and as it seeks to cut emissions from fossil fuel production, CEO Wael Sawan said on Monday. Sawan has increased Shell's focus on natural gas to improve the company's financial performance against its peers in Europe and the U.S. since taking over as CEO in January 2023, pivoting away from renewables by pulling out of a number of wind, solar and other low-carbon ventures.  

Sep 30 - Trump administration says it will expand coal leasing, fund coal plant upgrades
The Trump administration will expand coal mine leasing on federal lands and provide hundreds of millions of dollars to support more coal-fired power generation, officials said on Monday. The plan is part of a broader effort by the administration to reverse the decline of coal use in the U.S., a fossil fuel that has been hard hit by environmental regulation and competition from natural gas in recent years.

Sep 29 - Canadian natgas producers cut output amid record low prices
Some natural gas producers in Western Canada are aggressively cutting output in an effort to ease an ongoing glut that this week tipped prices for the fuel into record negative territory, companies and analysts said. Daily spot prices at the Alberta Energy Company storage hub averaged minus 5 cents per million British thermal units on Thursday, after trading at record low levels of minus 18 cents this week. The benchmark averaged $1.03 per mmBtu so far in 2025, according to LSEG pricing data. 

Sep 29 - Trump's energy pivot accelerates US solar and wind power mergers, asset sales
The Trump administration's rapid retreat from renewable energy has kicked off consolidation and asset sales among smaller U.S. solar and wind power companies as they scramble to stay afloat, industry insiders and analysts said. President Donald Trump's One Big Beautiful Bill Act has overhauled tax credits and sharply shortened eligibility windows for solar and wind projects as part of an "energy dominance" agenda focused on oil, gas, coal and nuclear, in a sharp departure from the green energy-focused policies under his predecessor Joe Biden.

Sep 26 - Shrinking Russia's gas sales key to pressure Moscow, US energy secretary says
U.S. Energy Secretary Chris Wright said in an interview on Thursday that reducing Russia's natural gas sales to Europe is the "most immediate hammer" Washington has to pressure Moscow into ending the war in Ukraine. Wright, who spent nearly a week in Europe this month, said cutting Russia's gas sales is easier than targeting its oil because shipping it requires huge specialized pipelines and liquefied natural gas (LNG) terminals and tankers that make it tough to smuggle.  

Sep 26 - Most coal-fired power plants will delay retirement to feed AI boom, energy secretary says
The administration of U.S. President Donald Trump expects most of the nation's coal-fired power plants to delay retirement to help deliver the vast amount of electricity needed to fuel artificial intelligence, Energy Secretary Chris Wright told Reuters on Thursday. Keeping those often half-century-old coal plants running is part of a broader strategy to increase the country's power output that will also include boosting nuclear energy and allowing backup power plants to operate around the clock.

Sep 25 - US intends to cancel $13 billion in funds for green energy
The U.S. Department of Energy intends to cancel more than $13 billion in funds that the Biden administration had pledged to subsidize wind, solar, batteries and electric vehicles, it said on Wednesday. It was not immediately clear which funds were being targeted. The department did not immediately respond to a request for more details. 

Sep 25 - Turkey signs 20-year deal with Mercuria to buy US gas
Turkey has signed a 20-year deal with trading company Mercuria to buy U.S. liquefied natural gas, Energy Minister Alparslan Bayraktar said on Wednesday, as U.S. President Donald Trump pushes for Europe to halt Russian energy purchases. The deal comes ahead of Turkish President Tayyip Erdogan's meeting with Trump on Thursday.

Sep 24 - Saudi Aramco's talks to buy stake in Repsol's renewables unit hit impasse, sources say
Talks for Saudi state oil giant Aramco to buy a minority stake in Spanish energy firm Repsol's renewables unit have hit an impasse, two sources familiar with the matter told Reuters. The talks over the potential 1 billion euro investment have reached a dead end, and there are no current plans to resurrect them, one of the sources said.

Sep 24 - Using the Dirty Dozen to track global energy emissions potential: Maguire
Climate watchers need to look beyond China to gain a full read on global emissions trends tied to energy extraction and generation. To be sure, China has played an outsized role in driving global energy sector emissions to record highs for decades, and generates far more energy-related emissions than any other nation.

Sep 23 - US judge rules Trump cannot block Rhode Island offshore wind project
Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge ruled on Monday, after President Donald Trump's administration halted the project last month. The ruling is a legal setback for Trump, who has sought to block expansion of offshore wind in U.S. waters.  

Sep 23 - Stronger East Asian imports give global coal markets a jolt: Maguire
Global shipments of thermal coal - used for power generation - climbed to their highest levels since late 2024 in August on the back of strong import orders by China, Japan and South Korea. The jump in coal purchases came after nine straight months of year-over-year declines in monthly coal exports, which had raised expectations that 2025 may mark the first full-year contraction in global coal trade since 2020. 

Sep 22 - Nuclear projects seen slowing after record 2024 output, report says
A record level of global nuclear power production seen in 2024 will be hard to maintain in the coming years due to a lack of required investment, aging plants and project disruptions, the World Nuclear Industry Status Report said on Monday. Nuclear power has experienced a revival in interest from various countries trying to phase out fossil fuels, with the United States recently pushing hard to make nuclear energy a policy focus and securing several agreements with other countries to boost production. 

Sep 22 - China August coal imports from Mongolia hit highest since at least 2022
China's coal imports from Mongolia rose 13% in August from a year earlier to 8.41 million metric tons, up 20.2% from July and the highest monthly level since Reuters began tracking the data in 2022. The imports included more than 6 million tons of coking coal from Mongolia in August, up 21% from July and the highest since December 2023.

Sep 19 - Trump policies threaten US clean energy jobs engine, report says
Jobs in solar, wind and other clean energy industries grew three times faster than in the rest of the U.S. workforce last year, according to a study published on Friday, warning that many of them could go due to Trump administration efforts to block renewables. The clean energy industry added 100,000 jobs in 2024, growing 2.8% to employ more than 3.5 million people, according to environmental advocacy group E2, which has published an annual study of clean energy jobs for the last decade. 

Sep 19 - EU looks to accelerate ban on Russian LNG in new sanctions package, official says
The European Commission is discussing a proposal to bring forward a ban on Russian liquefied natural gas in a new package of sanctions against Moscow over its invasion of Ukraine, an EU official said. The new push follows a call between European Commission chief Ursula von der Leyen and U.S. President Donald Trump on Tuesday. The U.S. has stepped up pressure on Europe to play a more robust role in helping to end Russia's war in Ukraine, with a peace deal seemingly elusive despite repeated threats of harsher penalties on Moscow and partners.

Sep 18 - Santos stock slumps as $18.7 billion ADNOC-led deal collapses
Australian gas producer Santos' shares fell nearly 14% after a consortium led by Abu Dhabi National Oil Company scrapped its $18.7 billion bid for the company, saying commercial terms could not be agreed. While analysts raised concern about a third failed takeover bid for Santos in seven years, investors shrugged it off, saying the company was set to benefit from two projects due to start producing soon in Australia and Alaska. 

Sep 18 - India’s power-sector CO2 emissions fall for second time in over four decades, report says
India’s carbon dioxide emissions from its power sector declined by 1% year-on-year in the first half of 2025 on strong clean energy additions and lower power demand, data from a research report showed, marking only the second drop in nearly 50 years. The fall was driven primarily by record additions in clean-energy capacity and unusually mild weather, which curbed electricity demand, according to an analysis by the Centre for Research on Energy and Clean Air (CREA) for Carbon Brief.

Sep 17 - Japan's JERA in advanced talks to buy $1.7 billion of US shale gas assets, sources say
Japan's top power generator JERA is in advanced talks to buy natural gas production assets in the U.S. for around $1.7 billion, people familiar with the matter said, the latest example of the Asian nation investing in America's energy sector. JERA emerged as the top bidder for the assets owned by GEP Haynesville II, a joint venture between Blackstone-backed GeoSouthern Energy and pipeline operator Williams Companies, after banks solicited offers in recent weeks, the people said, asking not to be identified because the discussions are private. 

Sep 17 - EU to propose faster phase-out of Russian energy, von der Leyen says
The European Commission will propose speeding up the phase-out of Russian fossil imports, the European Union executive's head Ursula von der Leyen said on Tuesday after a call with U.S. President Donald Trump. Von der Leyen said that she had a call with Trump on strengthening joint efforts to increase economic pressure on Russia through additional measures.

Sep 16 - China renewable auction signals challenges for solar developers
Solar power prices in China's first provincial auction under its new renewable pricing mechanism were so low they could discourage new project investments there, analysts said. Last week's auction in Shandong province, seen as a bellwether for nationwide auctions, signals that renewables prices in the future will be lower than under the previous system - although not necessarily as low as in Shandong, where a glut of solar investment has driven prices down. 

Sep 16 - Global oil and gas field decline rates are increasing, IEA says
The natural rate of decline in output from the world's oil and gas fields is speeding up, owing to more reliance on shale and deep offshore resources, the International Energy Agency said on Tuesday. That means companies will need to step up the pace of investment just to keep output flat. The report from the IEA, which advises industrialised countries, warns that without continued investment in existing fields, the world would lose the equivalent of Brazil and Norway's combined oil production each year with implications for markets and energy security, the agency said in a statement.

Sep 15 - Britain and US to sign nuclear power pact during Trump's visit
Britain and the United States will sign a deal to work together on boosting nuclear power during U.S. President Donald Trump's state visit this week, the British government said, helping secure investment to fund new plants. Britain's government has launched a major push to expand nuclear power in recent months, pledging to invest 14 billion pounds in a new plant at Sizewell C and advancing plans for a Rolls-Royce unit to build the country's first small modular reactors.  

Sep 15 - China's August fossil-fuelled power generation rises to highest in decades
China's August fossil-fuelled power generation rose to its highest level since at least 1998, making up for a drop in hydropower output to meet summer demand, statistics bureau data and Reuters records showed on Monday. The jump came during China's hottest summer on record, which boosted air conditioning demand, highlighting the country's reliance on fossil fuels to meet demand spikes driven by extreme weather even as coal's share of generation declines. 

Sep 12 - EU sticks to 2028 Russian gas exit after talks with US energy chief
The EU is sticking to its deadline to phase out Russian oil and gas imports by 2028, EU Energy Commissioner Dan Jorgensen said on Thursday after a meeting with U.S. Energy Secretary Chris Wright. The EU is negotiating legal proposals to completely phase out imports of Russian oil and gas by January 1, 2028, with a ban on short-term contracts kicking in from next year, but it also faces pressure from the United States to end Russian energy imports sooner.  

Sep 12 - IEA cuts 2030 low-emissions hydrogen production outlook by nearly a quarter
A wave of cancellations, cost pressures and policy uncertainty have thinned the low-emissions hydrogen project pipeline and cut 2030 projected development by nearly a quarter, the International Energy Agency said on Friday. About 37 million metric tons per year of the low-carbon fuel is expected to be produced by 2030, down from 49 million a year earlier as developers shelved or delayed plans, the IEA said in its Global Hydrogen Review.

Sep 11 - EU considers faster Russian oil and gas exit after US pressure
The European Union is considering a faster phase-out of Russian fossil fuels as part of new sanctions against Moscow, European Commission chief Ursula von der Leyen said on Wednesday after U.S. pressure on Europe to stop buying Russian oil. A ban on seaborne Russian crude oil has cut the EU's Russian oil imports by 90%, but Hungary and Slovakia still import via a pipeline and Europe is expected to purchase about 13% of its gas from Russia this year, though that is down from 45% before Russia's 2022 invasion of Ukraine, EU data shows. 

Sep 11 - World natural gas demand on track to hit record high in 2025, says IGU report
Global natural gas demand is on track to climb by around 1.7% in 2025 after hitting a record high in 2024 as consumers around the world keep using more of the fuel for power generation, transportation and industry, according to the 2025 Global Gas Report released on Wednesday by the International Gas Union industry trade group and Italian gas pipeline company Snam. The report projected global gas demand would rise about 71 billion cubic meters in 2025 to around 4,193 bcm after climbing 78 bcm, or 1.9%, to a record 4,122 bcm in 2024. 

Sep 10 - Asian demand for US LNG unshaken by China-Russia pipeline plans, says Venture Global CEO
Recent gas agreements between China and Russia are unlikely to weaken Asian demand for U.S. liquefied natural gas (LNG), according to Michael Sabel, CEO of Venture Global LNG, the second-largest U.S. exporter of the fuel. China, the world's largest LNG importer, signed deals on September 2 to boost gas supply through the existing Power of Siberia pipeline and to build the Power of Siberia 2, raising concerns in that this could displace China's appetite for imported LNG.  

Sep 10 - US power use to reach record highs in 2025 and 2026, EIA says
U.S. power consumption will hit record highs in 2025 and 2026, the Energy Information Administration said in its short-term energy outlook on Tuesday. The EIA projected power demand will rise to 4,187 billion kilowatt-hours (kWh) in 2025 and 4,305 billion kWh in 2026, up from a record 4,097 billion kWh in 2024.

Sep 09 - Japan hires Wood Mackenzie to assess Trump-backed Alaska LNG project, sources say
Japan has hired energy consultancy Wood Mackenzie to assess a proposed 800-mile Alaska gas pipeline and LNG plant in a sign it is weighing support for the $44 billion project touted by U.S. President Donald Trump, two sources with knowledge of the matter said. The assessment could help assuage lingering concerns among potential Japanese off-takers and investors about a project that has languished for decades due to cost and logistical challenges, said one of the sources, requesting anonymity due to the sensitivity of the matter.  

Sep 09 - Taiwan's offshore wind projects to move to deeper waters, requiring more state support
Taiwan's bid to propel its billowing offshore wind power market will entail huge government support for prospective suppliers to achieve capacity goals as projects move to deep, technically challenging waters, industry officials and analysts said. The densely populated island, long reliant on coal-fired power, has more than quadrupled its wind capacity to 4 gigawatts from less than 1 GW before the COVID-19 pandemic, and aims for 60% renewably sourced power by 2050. 

Sep 08 - EU countries try to limit ways to circumvent Russian gas ban, draft shows
European Union countries are attempting to seal up ways Russian gas could still flow into Europe after the bloc's phase-out takes effect, a draft of their latest negotiating proposal on the rules, seen by Reuters, showed. The European Commission in June proposed legislation to phase out EU imports of Russian oil and gas by January 1, 2028, as Brussels seeks to sever its decades-old energy relations with Russia following its 2022 invasion of Ukraine. 

Sep 08 - US solar installation forecast slashed due to Trump policies, report says
The U.S. solar industry is at risk of installing 27% less capacity between 2026 and 2030 than before the passage of President Donald Trump's tax law that rolled back subsidies for such projects, a key trade group said in a report on Monday. The forecast by the Solar Energy Industries Association, the industry's top U.S. group, and energy research firm Wood Mackenzie, follows moves by Trump's administration to stymie development of clean energy industries that was the cornerstone of former President Joe Biden's climate change agenda.

Sep 05 - Orsted's Revolution Wind sues Trump administration over project halt
Danish offshore wind developer Orsted and the states of Rhode Island and Connecticut sued the Trump administration on Thursday, alleging its decision to block construction of the nearly finished Revolution Wind project is illegal. The separate complaints are the latest twist in a saga that started last month when U.S. officials issued a stop-work order to Revolution Wind, citing unspecified national security concerns.  

Sep 05 - Indian coal prices to be lower after tax revision, industry officials say
Coal prices in India will fall after revisions to taxes on the fuel that generates nearly 75% of the country's electricity, industry officials and analysts said, as a higher consumption tax is offset by the removal of a carbon levy. That could push up domestic consumption at the expense of imports, they said, putting further pressure on already plunging global coal prices.

Sep 04 - Chinese alchemy: Cheap fuel powers coal-to-gas and chemicals boom
At a sprawling complex in northwestern China opened in March, Ningxia Baofeng Energy can convert millions of tons of coal annually into chemicals to make plastics, part of a growing industry found almost nowhere else. The 48 billion yuan plant is the latest in a sector that performs a valuable alchemy for Beijing: turning the country's abundant coal into oil, gas and chemicals, reducing the need for energy imports that could be cut off in a conflict. 

Sep 04 - EU drafting plans to prevent circumvention of carbon border tariff
The European Commission will propose measures this year to prevent countries from dodging its carbon border tariff, a Commission spokesperson said, as some in Brussels fear Chinese firms could reshuffle their trade to avoid the levy. Starting in January, the Carbon Border Adjustment Mechanism - the world's first carbon border tariff - will impose fees on the CO2 emissions of imported goods including steel, aluminium, cement and fertilisers. 

Sep 03 - Russia and China bless vast new Power of Siberia 2 pipeline, Gazprom says
Russia and China gave their blessing to the Power of Siberia 2 pipeline but have yet to agree on pricing, Gazprom said on Tuesday, underscoring President Xi Jinping's disregard for Western demands that he row back from a deepening partnership with Moscow. The pipeline, which could one day deliver an additional 50 billion cubic metres of gas per year to China through Mongolia from the Arctic gas fields of Yamal, hands the world's largest energy consumer greater options to hedge against future reliance on U.S. liquefied natural gas. 

Sep 03 - US records highest ever LNG exports in August
U.S. exports of liquefied natural gas (LNG) reached an all-time high in August as plants exited planned maintenance programs and Venture Global's Plaquemines facility continued to increase output, preliminary data from financial firm LSEG show. August exports totaled 9.33 million metric tons, beating the previous monthly record set in April of 9.25 million tons and higher than the 9.1 million tons exported in July, according to LSEG data.

Sep 02 - Equinor to inject nearly $1 billion into Orsted following US setbacks under Trump
Norway's Equinor will pump nearly $1 billion into Orsted's emergency fundraising, it said on Monday, bolstering the Danish offshore wind power developer's efforts to cope with U.S. President Donald Trump's hostility to the sector. The energy company said it planned to participate in Orsted's 60-billion Danish crown rights issue by subscribing for new shares worth up to 6 billion crowns. 

Sep 02 - India's power output rises at fastest pace in five months on industrial boost
India's power generation in August rose at its fastest pace since March, data from the federal grid operator showed, as manufacturing activity accelerated due to strong demand. The 4% increase in electricity output last month helped boost coal-fired power generation for the first time in five months on an annualised basis, daily analysis of Grid India data showed. 

Sep 01 - Ukraine vows to retaliate after Russian attacks on power sector
Russian drone attacks on power facilities in northern and southern Ukraine overnight left nearly 60,000 customers without electricity, with President Volodymyr Zelenskiy vowing to retaliate by ordering more strikes deep inside Russia. Three and a half years into the war, Russia and Ukraine have both intensified airstrikes in recent weeks. Russia has targeted Ukraine's energy and transport systems, while Ukraine has been attacking Russian oil refineries and pipelines. 

Sep 01 - China seeks more Russian gas via old link as new pipeline stalled
China is seeking to buy more Russian gas through an existing pipeline as talks between the two countries have failed to make progress on building a second link, thwarting Moscow's quest for new outlets, two industry sources told Reuters. Energy is expected to be high on the agenda when Russian and Chinese leaders Vladimir Putin and Xi Jinping meet in China next week.

Aug 29 - Exxon sees natural gas demand surging in outlook to 2050
Global demand for natural gas will rise more than 20% by 2050 from last year's level, as it displaces coal to power industries and meet higher electricity use in developing countries, Exxon Mobil said on Thursday in an annual outlook. The projections provide the basis for the top U.S. oil producer's long-term strategy and investment. Exxon has ambitious growth plans compared to other global oil players, with a target to boost production by 18% over the next five years. 

Aug 29 - Tanker with sanctioned Russian Arctic LNG 2 cargo berths in China, tracking data shows
A tanker carrying liquefied natural gas from Russia's sanctioned Arctic LNG 2 plant has moored at an import terminal in southern China on Thursday, after loading at a Russian storage facility in June, Kpler and LSEG ship-tracking data showed. If the tanker discharges the LNG at the terminal, this would be the first cargo from the Arctic LNG 2 project to be received. The project is targeted by Western sanctions over Russia's war with Ukraine.

Aug 28 - Sky-high electricity costs hinder Britain's net zero mission
In the cradle of the industrial revolution, Britain's only aluminium coil mill has spent millions of pounds to save energy, reduce its carbon footprint and shield itself from some of the highest electricity costs in the world. But when Bridgnorth Aluminium's electricity use slips below the threshold to qualify for a government subsidy that helps businesses with their bills, it cranks everything up again to avoid missing out on the financial payout. 

Aug 28 - Europe gas markets escape hectic LNG summer storage race: Bousso
European gas traders have faced a stressful race against the clock in recent summers as they have scrambled to refill depleted gas storage facilities ahead of winter. But with demand in Asian markets sagging, Europe can expect a surge of liquefied natural gas imports over the coming months, giving the continent’s traders and governments a lot more breathing room.

Aug 27 - Trump agencies team up to review offshore wind, Kennedy says
A group of U.S. federal agencies, including the departments of defense, energy and commerce, are working together to review offshore wind farms approved by the Biden administration along the Atlantic coast, U.S. Health and Human Services Secretary Robert F. Kennedy Jr. said on Tuesday. The revelation, during a meeting of President Donald Trump's cabinet, demonstrates a full-throated effort by his administration to undermine an industry that was central to former President Joe Biden's climate and energy agendas. 

Aug 27 - US fossil fuel electricity output and emissions hit 2025 peaks: Maguire
The mixed bag of generation and emissions milestones underscores the uneven progress of U.S. energy transition efforts, and highlights the central role that coal and gas-fired power plants continue to play in the U.S. generation system. Yet the jagged nature of monthly generation trends also masks the continuing progress being made across the U.S. power system, where clean power supplies have generated a record share of total electricity so far this year.

Aug 26 - US halt of wind project defies explanation, New England officials say
The Trump administration's order to halt work on a nearly completed wind farm off the coast of Rhode Island threatens grid reliability and jobs and defies explanation, business and government leaders from New England said on Monday. State leaders in Connecticut and Rhode Island demanded details from the administration about why it issued a stop-work order to the Revolution Wind project late on Friday. In its letter to project developer Orsted, the Bureau of Ocean Energy Management cited unspecified national security concerns. 

Aug 26 - China's LNG imports are set to rise for a 4th month, but it's not bullish: Russell
China's imports of liquefied natural gas are poised to rise for a fourth straight month in August, but this may not be quite as bullish as it first appears. The world's biggest buyer of the super-chilled fuel is on track to see imports of 6.04 million metric tons in August, the strongest since the same volume was landed in January, according to data compiled by commodity analysts Kpler.

Aug 25 - Ukraine drone hits Russian nuclear plant, sparks huge fire at Novatek's Ust-Luga terminal
Ukraine launched a drone attack on Russia on Sunday, forcing a sharp fall in the capacity of a reactor at one of Russia's biggest nuclear power plants and sparking a huge blaze at the major Ust-Luga fuel export terminal, Russian officials said. Despite talk of peace by Russia and Ukraine, the deadliest European war since World War Two is continuing along the 2,000 km front line accompanied by missile and drone attacks deep into both Russia and Ukraine.  

Aug 25 - Trump plans to make Cold War-era plutonium available for nuclear power
The Trump administration plans to make available about 20 metric tons of Cold War-era plutonium from dismantled nuclear warheads to U.S. power companies as a potential fuel for reactors, according to a source familiar with the matter and a draft memo outlining the plan. The plan would follow through on an executive order signed by President Donald Trump in May ordering the government to halt much of its existing program to dilute and dispose of surplus plutonium, and instead provide it as a fuel for advanced nuclear technologies. 

Aug 22 - Russia attacks important Ukrainian gas compressor station, sources say
Russia attacked a gas compressor station in eastern Ukraine that is important for getting gas into storage facilities for the winter heating season, two industry sources said on Thursday, part of an escalation of such strikes despite a U.S. peace push. Ukraine has faced a serious gas shortage since Russian missile strikes earlier this year significantly reduced domestic production. 

Aug 22 - China's carbon emissions fell in the first half of 2025, study shows
China's carbon dioxide emissions dropped 1% in the first half of 2025 from the same period last year, helped by growing use of renewable energy to generate power, according to a study by the Helsinki-based Centre for Research on Energy and Clean Air. Emissions from the power sector, the top source of greenhouse gases in China, fell 3% during the six-month period, according to the study by CREA's lead analyst Lauri Myllyvirta for UK-based research organisation Carbon Brief.

Aug 21 - Solar may account for half of new US electricity added this year, EIA says
Developers are on track to add 33 gigawatts of solar power in the U.S. this year, accounting for about half of the total new electricity generating capacity planned for the country in 2025, the Energy Information Administration said on Wednesday. If the plans are realized, large-scale solar power additions in the U.S. would reach a record high, said the EIA, which based its analysis on a survey of developers. 

Aug 21 - Asia's imports of US LNG to surge, but likely not enough for Trump: Russell
There are early signs that some Asian countries are stepping up their imports of U.S. liquefied natural gas (LNG) as part of trade deals with President Donald Trump. Asia's imports of the super-chilled fuel are on track to hit an eight-month high of 2.01 million metric tons in August, according to data compiled by commodity analysts Kpler.

Aug 20 - China says solar sector needs to curb overcapacity
China's industry ministry said on Tuesday it held a meeting with solar industry representatives, the second in two months, as it urged the sector to strengthen regulations, curb overcapacity and reduce extreme competition among firms. Representatives at the meeting were told to "jointly promote the healthy and sustainable development of the industry", the ministry said in a statement.  

Aug 20 - California, other state AGs urge Trump EPA to drop plan to kill greenhouse gas rules
Attorneys general from California and several other U.S. states led by Democrats on Tuesday urged President Donald Trump's administration to abandon its plan to rescind the long-standing finding that greenhouse gas emissions endanger human health, a move that would remove the legal foundation for all U.S. greenhouse gas regulations. If finalized, repeal of the finding by Trump's Environmental Protection Agency would end current limits on greenhouse gas pollution from vehicle tailpipes, power plants, smokestacks and other sources.

Aug 19 - India curbs solar power output to keep grid stable amid low demand, ministry says
India is curbing solar output during periods of low demand to keep its power grid stable and to ease congestion in power lines as green energy supply rises, its Ministry of New and Renewable Energy (MNRE) told Reuters. Congestion in power lines due to some new plants coming into operation ahead of schedule and delayed transmission projects have also forced power output curbs, also known as curtailment, the MNRE said in an emailed response to questions late on Monday. 

Aug 19 - Ukraine in talks with Azerbaijan on gas import deal, Kyiv says
Ukraine is negotiating a deal with Azerbaijan to import gas from the South Caucasus country this year, Kyiv's energy minister said on Monday. "We are currently in talks. Azerbaijan is interested in this," Svitlana Hrynchuk told Ukrainian outlet RBC-Ukraine. 

Aug 18 - Trump administration unveils stricter subsidy rules for wind, solar projects
The U.S. Treasury Department on Friday unveiled stricter rules for how solar and wind projects can qualify for federal tax subsidies that President Donald Trump's new tax and spending law is phasing out over the next two years. The revisions change longstanding definitions for what it means for a project to be considered under construction by requiring developers of big solar arrays and wind farms to complete physical work rather than simply show that they have invested capital. 

Aug 18 - South Korea's nuclear power output surges as coal use plunges
South Korea's nuclear power output is racing ahead of official targets due to fewer maintenance outages, a new plant coming online and reactors running at full tilt, helping to rein in generation costs and pushing down coal usage. Generation from nuclear plants grew 8.7% year-over-year in the six months through June - three times official plans for 2.9% annual growth - while coal-fired output plunged 16%, data from state-run utility Korea Electric Power Corp showed. 

Aug 15 - Trump administration to unveil tougher solar and wind subsidy rules
The Trump administration is expected as soon as Monday to take another step toward curbing the growth of renewable energy in the United States by making it harder for companies to claim federal tax subsidies for wind and solar energy. The Treasury Department next week will reach a 45-day deadline, set by U.S. President Donald Trump in July, to revise rules governing who can qualify for clean energy tax credits that the Republicans' One Big Beautiful Bill Act is phasing out years earlier than planned. 

Aug 15 - China's July coal output falls to lowest level in over a year
China's coal output in July fell to the lowest level since April 2024, data from the statistics bureau showed on Friday, the first year-on-year decline of 2025 in a sign that China's coal output could be easing in response to oversupply. China produced 380.99 million metric tons of coal in July, down 3.8% on the year. 

Aug 14 - Venture Global LNG expects to win remaining arbitration cases against major energy companies
Liquefied natural gas producer Venture Global expects to win its remaining arbitration cases against major energy companies following its victory against Shell, CEO Mike Sabel said on Wednesday. The remaining cases are over similar contract disputes with companies that include BP, Edison, Orlen, Repsol and Galp. 

Aug 14 - China's solar power capacity growth to slow in H2 after pricing reforms
China's new solar power capacity will slow in the second half of 2025 as reforms removing guaranteed pricing create uncertainty for new projects, though full-year additions will still likely reach a record high because of frontloading, analysts say. Slowing growth in the world's largest solar fleet is a fresh blow for solar manufacturers already struggling with massive overcapacity and a vicious price war.

Aug 13 - US power use to reach record highs in 2025 and 2026, EIA says
U.S. power consumption will hit record highs in 2025 and 2026, the Energy Information Administration said in its short-term energy outlook on Tuesday. The EIA projected power demand will rise to 4,186 billion kilowatt-hours (kWh) in 2025 and 4,284 billion kWh in 2026, up from a record 4,097 billion kWh in 2024. 

Aug 13 - German solar industry warns against ending subsidies after minister proposes cuts
Germany's solar industry warned on Tuesday against ending subsidies for new rooftop photovoltaic systems, as proposed by the economy minister, arguing that withdrawing support for small installations would jeopardise the country's climate goals. The feed-in subsidies were introduced 25 years ago to aid an expansion of the solar power sector by providing a guaranteed price for renewable energy producers selling their power onto the grid.

Aug 12 - Russia's Arctic LNG 2 continue loadings with 4th sanctioned tanker, data shows
A liquefied natural gas tanker targeted by U.S. sanctions has berthed at Russia's Arctic LNG 2 plant, the fourth such vessel to do so this year, shiptracking data from Kpler and LSEG showed. The vessel was sanctioned by the U.S. Treasury department in January as part of a broader goal to target Russia's oil and gas revenues. 

Aug 12 - NextDecade secures $1.8 billion from TotalEnergies, GIP for Rio Grande LNG project
U.S. liquefied natural gas developer NextDecade will receive up to $1.8 billion in equity commitments from TotalEnergies and Global Infrastructure Partners to finance a fourth liquefaction plant at its Rio Grande LNG export project in Texas, the company said on Monday. The move brings NextDecade one step closer to a positive financial decision on the 5.4 million metric tons per annum facility, known as Train 4.

Aug 11 - Australia's Santos extends due diligence deadline for $18.7 billion ADNOC-led offer
Santos said it had extended the period of exclusive due diligence to an international consortium led by Abu Dhabi's National Oil Company (ADNOC), which had offered $18.7 billion for Australia's second biggest gas producer. The period for exclusive due diligence has been extended until August 22, it said. 

Aug 11 - Denmark's Orsted plans to raise $9.4 billion in rights issue
Danish wind farm developer Orsted said it plans a $9.4 billion rights issue, citing adverse development in the U.S. offshore wind market. Orsted said in a statement the Danish state, which owns 50.1% of the company, has agreed to subscribe to a similar portion of the share issue, thus upholding a majority stake.

Aug 08 - Trump administration will end $7 billion solar energy grant program
The U.S. Environmental Protection Agency will end a $7 billion Biden-era grant program that sought to expand solar energy to low-income communities, Administrator Lee Zeldin said in a post on X on Thursday. The One Big Beautiful Bill Act signed into law by U.S. President Donald Trump last month eliminated the program's source of funding, Zeldin added. 

Aug 08 - Israel's Leviathan signs $35 billion natural gas supply deal with Egypt
Israel's Leviathan natural gas field has signed the largest export agreement in the country's history, worth up to $35 billion to supply gas to Egypt, NewMed, one of the partners in the field, said on Thursday. The deal should ease an energy crisis in Egypt, which has spent billions of dollars on importing liquefied natural gas since its own supplies fell short of demand.

Aug 07 - China July coal imports fall 23% on ample domestic supply
China's July coal imports fell 23% from a year earlier, General Administration of Customs data showed, as ample domestic supply limited import demand. July coal imports were 35.61 million metric tons. While down from the year-earlier level, that represented a recovery from June's more than two-year low as hotter weather spurred higher air conditioning demand, supporting electricity consumption. 

Aug 07 - German minister flags risks to tenders as offshore auctions draw no bids
Germany's Economy Minister Katharina Reiche warned on Wednesday that flawed site selection and shifting market dynamics were undermining offshore wind tenders, as the country's latest offshore auctions received no bids. Two August tenders for offshore wind energy plants, with volumes of 2,000 MW and 500 MW, and planned commissioning dates in 2031 and 2030, drew no bids for the first time ever on Wednesday, utility association BDEW said, citing the Federal Network Agency.

Aug 06 - As China's renewable capacity soars, utilisation lags, data show
China's renewable power potential in far-flung provinces is increasingly going unused, official statistics showed on Monday, as the country rushes to build more long-distance transmission and energy storage to bridge the gap. The curtailment rate for solar power rose to 6.6% in the first half of 2025 from 3.9% in the same period a year earlier while the rate for wind rose to 5.7% from 3%, according to the National New Energy Consumption Monitoring and Early Warning Center. 

Aug 06 - Indian power plants tap stockpiles, cut purchases as coal use slides
India's power plants are withdrawing more coal from record high inventories and slashing fresh purchases from state-run Coal India, as coal use for power generation fell for a fourth month despite a rise in electricity demand. Coal-fired power plants typically draw from inventories when electricity demand growth outpaces production by Coal India, which accounts for about three quarters of the country's production. India is the world's No.2 coal producer and consumer after China.

Aug 05 - Europe's old power plants to get digital makeover driven by AI boom
Some of Europe's ageing coal and gas fired power plants can look forward to a more high-tech future as big tech players, such as Microsoft and Amazon, seek to repurpose them as data centres, with ready-made access to power and water. Companies such as France's Engie, Germany's RWE, and Italy's Enel are looking to benefit from a surge in AI-driven energy demand by converting old power sites into data centres and securing lucrative long-term power supply deals with their operators.

Aug 05 - BP makes its largest oil and gas discovery in 25 years offshore Brazil
BP has made its largest global oil and gas discovery in 25 years in Brazil's Santos basin, it said on Monday, in what may be a major boost for the British company's strategic shift away from renewable energy to refocus on fossil fuels. It said it planned to create a major new output hub at the Bumerangue discovery in Brazil, which a BP spokesperson said was probably the company's biggest since Shah Deniz in 1999, a gas and condensate field in the Azeri part of the Caspian Sea.

Aug 04 - US LNG exports surge in July, LSEG data show
Exports of U.S. liquefied natural gas (LNG) jumped to 9.1 million metric tons (MT) in July, marking a sharp increase from June as some plants exited maintenance activities and Venture Global's Plaquemines facility ramped up production, preliminary data from financial firm LSEG showed. The U.S. is the world's largest exporter of LNG and July's output was its third highest on record. This year the U.S. has seen three of its highest ever monthly LNG production figures, according to LSEG data.

Aug 04 - India's stranded renewable projects double to over 50 GW, industry documents show
India's stranded renewable power capacity - projects awarded but unable to come online - more than doubled over nine months, due to unfinished transmission lines, and legal and regulatory delays, letters from an industry group to the government showed. Renewable projects that won tenders to generate power but are yet to sign power purchase agreements with buyers have surged to over 50 gigawatts, India's Sustainable Projects Developers Association said in a letter to the Ministry of New and Renewable Energy on June 27.

Aug 01 - China's solar giants quietly shed a third of their workforces last year
China's biggest solar firms shed nearly one-third of their workforces last year, company filings show, as one of the industries hand-picked by Beijing to drive economic growth grapples with falling prices and steep losses. The job cuts illustrate the pain from the vicious price wars being fought across Chinese industries, including solar and electric vehicles, as they grapple with overcapacity and tepid demand. The world produces twice as many solar panels each year as it uses, with most of them manufactured in China.

Aug 01 - Spain's Cox buys Iberdrola's Mexican assets in $4.2 billion deal
Spanish water and renewable energy company Cox has agreed to buy Iberdrola's IBE.MC assets in Mexico in a deal valuing the business at $4.2 billion including debt, the companies said on Thursday. The deal is part of Cox's strategy to pursue growth through acquisitions, while it strengthens Iberdrola's financial muscle as it prepares to invest 55 billion euros in power grids in the next six years, primarily in Britain and the United States.

Jul 31 - IEA predicts fastest rise in power demand in more than a decade
Global electricity demand is forecast to increase at one of the fastest sustained rates in over a decade, driven by increased industrial use as well as data centres and electric vehicles, the International Energy Agency said on Wednesday. It said demand would rise by 3.3% in 2025 and 3.7% in 2026, well above the 2.6% recorded between 2015 and 2023 and that investment was needed in grids, storage and making the electricity system more flexible.

Jul 31 - US reversal on key climate finding spells uncertainty for business
The Trump administration has billed its plan to undo U.S. climate regulation as a way to cut costs for industry, but it may backfire by forcing automakers, utilities, and manufacturers into a future of regulatory uncertainty and litigation risk, according to lawyers and trade groups. Republican President Donald Trump's administration announced on Tuesday a plan to rescind the long-standing finding that greenhouse gas emissions endanger human health, removing the legal foundation for U.S. greenhouse gas regulations.

Jul 30 - Shell-led LNG Canada faces problems as it ramps up production, sources say
Shell-led LNG Canada is experiencing technical problems as it ramps up production at its liquefied natural gas plant at Kitimat, with one LNG tanker diverting away from the facility without the superchilled fuel in recent days, according to four sources and LSEG ship tracking data. The plant is the first major LNG export facility in Canada and the first on the west coast of North America, providing direct access to Asia, the world's largest LNG market.

Jul 30 - Indonesia nickel slump piles pressure on coal miners hit by falling exports
Indonesia's coal producers are trapped between the rock of falling exports and a hard place of peaking demand from the nickel smelters that had been driving the fuel's consumption domestically, creating a growth conundrum for the companies. Coal is Indonesia's biggest export earner, making $30.49 billion in 2024, and plunging revenues from the sector would have disproportionately bad effects on the country's commodity-dependent economy, Southeast Asia's biggest.

Jul 29 - Venture Global reaches final investment decision for CP2 LNG project
U.S. liquefied natural gas company Venture Global said on Monday it has decided to go ahead with the construction of its CP2 export facility in Louisiana after it closed $15.1 billion in financing for the first phase of the project. Venture Global's stock rose as investors cheered the decision, which promises to boost the company's export capacity by more than 70% within two years. 

Jul 29 - Portugal to invest $466 million to boost grid management, battery storage after outage
The Portuguese government plans to invest up to 400 million euros to improve grid management and boost battery storage following a massive blackout across Spain and Portugal in April. Energy Minister Maria da Graca Carvalho said on Monday about 137 million euros of the investment would go towards improving the operational and control capacity of the electricity grid to help it deal with complex intermittent renewable power sources such as wind and solar.

Jul 28 - EU lawmakers eye faster Russian gas phase out, documents show
The European Parliament is considering proposals to speed up the EU's phase out Russian gas by one year, to January 2027, documents seen by Reuters showed, as officials in Brussels prepare to negotiate the legally-binding ban. European Union countries and lawmakers are preparing to negotiate the EU's plan to ban imports of Russian gas - with the starting point a legal proposal the European Commission made last month to phase out all Russian gas imports by January 1, 2028.

Jul 28 - Qatar threatened to cut EU LNG supplies over sustainability law, letter shows
Qatar has threatened to cut gas supplies to the European Union in response to the bloc's due diligence law on forced labour and environmental damage, a letter from Qatar to the Belgian government, seen by Reuters, showed. Qatar is the world's third-largest exporter of liquefied natural gas (LNG), after the United States and Australia. It has provided between 12% and 14% of Europe's LNG since Russia's 2022 invasion of Ukraine.

Jul 24 - Germany's offshore wind roll-out stalls in H1, lobbies want auction design reforms
Germany left installed offshore power wind capacity unchanged in the first half of 2025 and industry groups on Wednesday urged the government to introduce improved auction measures this year to ensure more turbine additions. As of June 30, 2025, the country had 9.2 gigawatts (GW) of installed offshore capacity, unchanged from Dec. 31, 2024, but 1.9 GW of new turbines are under construction, said consultancy Deutsche WindGuard, commissioned by the lobbies to gather data.

Jul 24 - US gas firms EQT, Range boost output plans for 2025
U.S. energy companies EQT and Range Resources expect to produce more natural gas in 2025 to meet rising demand for the fuel without boosting planned spending. Demand for gas to produce power for data centers in the U.S. and for export to the rest of the world as liquefied natural gas is on track to keep hitting record highs in coming years, according to energy analysts.

Jul 23 - France's EDF to withdraw from some overseas projects, cut jobs, sources say
France's EDF is cutting its headcount overseas and scrapping bids on some nuclear projects abroad as it focuses on a major construction programme at home under new CEO Bernard Fontana, said two sources familiar with the matter. France, once a global leader in nuclear energy and Europe's largest nuclear power producer, is pulling back at a time of global calls for nuclear expansion, opening the door to new players as high costs and design issues hurt its ability to compete internationally.

Jul 23 - Biggest US power grid auction prices rise by 22% to new heights
Prices out of the biggest U.S. power auction, held by grid operator PJM Interconnection, cleared at $329.17 a megawatt-day, roughly 22% higher than last year's record-high levels as electricity demand continues to outstrip supply, according to results released by the organization on Tuesday. A recent surge in U.S. power consumption driven by Big Tech's data center demand has butted up against roughly a decade of shrinking power supplies in PJM, North America's largest power grid operator, leading to a supply shortfall that has driven up prices in the capacity auction.

Jul 22 - Philippines set for first coal power decline in 17 years amid rising LNG use
The Philippines is on track for an annual decline in coal-fired electricity output for the first time in nearly two decades, an analysis of market and government data showed, driven by rising liquefied natural gas-fired power generation. The Philippines has the most coal-dependent grid in Southeast Asia but its electricity tariffs, which are not subsidised, are the second highest in the region behind Singapore. 

Jul 22 - Global investment in fusion energy rises the most since 2022
Global fusion energy investment grew by $2.64 billion in the year since last July, an industry group said in an annual industry survey on Monday, but companies said they need much more money to take the industry commercial. The investment rise took place in places including the United States, the EU, Japan, China and Britain and was the highest since 2022. 

Jul 21 - China's coal imports from Indonesia sink 30% in June
China's coal imports from Indonesia, its largest supplier, fell 30% year-on-year in June, customs data showed on Sunday, outpacing a decline in total coal imports as buyers shifted away from coal with lower heat content. Indonesian imports were 11.62 million metric tons in June. For the first six months of the year, China imported 90.98 million tons of Indonesian coal, down 12% from the same period a year earlier, the data showed.

Jul 21 - Asia's LNG imports stay soft in July as Europe draws cargoes: Russell
Asia's run of subdued imports of liquefied natural gas (LNG) is set to extend for another month in July, with the top-importing region on track for a tiny increase from June. Asia's imports of the super-chilled fuel are estimated at 22.07 million metric tons in July, up from 21.80 million in June, according to data compiled by commodity analysts Kpler.

Jul 18 - EU opens door to funding nuclear energy in next budget
The European Commission wants to open up part of its proposed 2 trillion euro EU budget for 2028-2034 to nuclear energy, a move likely to divide the bloc's member states, which Germany immediately rejected. In an annex to its mammoth budget proposal published on Wednesday, the Commission listed nuclear power as an activity countries can fund through their national share of the budget - specifically, "new or additional fission energy capacity installed in GW".

Jul 18 - Solar, wind projects on US lands will get extra scrutiny
President Donald Trump's administration said on Thursday that decisions related to solar and wind energy projects on federal lands will be reviewed by Interior Secretary Doug Burgum's office to end what calls preferential treatment for renewable energy sources. The added scrutiny is aligned with Trump's pledge to undo the clean energy and climate change policies of former President Joe Biden.

Jul 17 - Dutch scale back offshore wind plans for 2040 citing lower demand
The Dutch government on Wednesday scaled back plans to build offshore wind farms in the next 15 years, citing rising costs and lower-than-expected electricity demand from industry. The government said its previous target of achieving total offshore wind capacity of 50 gigawatts by 2040 was no longer realistic, and would be replaced by a new goal of between 30 and 40 GW.

Jul 17 - Venture Global signs 20-year contract to supply LNG to Italy's Eni
Venture Global will supply 2 million metric tons a year of liquefied natural gas to Italian state-controlled energy group Eni, the two companies said on Wednesday. The deal is Eni's first long-term contract for LNG coming from the United States after Italian prime minister Giorgia Meloni told President Donald Trump in April that Rome would increase imports of U.S. LNG as a way to improve trade relations with North America.

Jul 16 - Blackstone to invest $25 billion in Pennsylvania data centers and natural gas plants, COO says
Blackstone plans to invest $25 billion in developing data centers and power plants in Pennsylvania, President and Chief Operating Officer Jon Gray said at a panel at the Energy and Innovation Summit in Pittsburgh on Tuesday. Blackstone had identified several sites to build the energy-intensive centers, Gray said, adding that the private equity firm also plans to partner with an electric utility to build multiple natural gas power generation facilities to fuel the data centers in Pennsylvania.

Jul 16 - Slow wind speeds reduce renewable share of German power
Renewable energy accounted for 54.5% of Germany's power consumption in the first six months of the year, down 2.7 percentage points from a year earlier, as slow wind speeds curbed generation, data showed on Tuesday. Germany has boosted its green power capacity as it seeks to shift towards a low-carbon economy and hit a political goal for renewables to account for 80% of consumption by 2030.

July 15 - Venture Global begins producing LNG from Phase 2 of Plaquemines plant, sources say
Venture Global has started producing liquefied natural gas from Phase 2 of its Plaquemines export facility in Louisiana, according to two people familiar with its operations as well as LSEG ship tracking data and federal filings. In the last six months, the United States' second-largest LNG producer has exported LNG from Phase 1 of its Louisiana facility, and has now begun producing the superchilled gas from Phase 2, allowing it to sell the LNG at higher spot market prices for the next two years, two people familiar with the project told Reuters.

July 15 - Mozambique paves way for TotalEnergies to restart $20 billion LNG project, report says
Mozambique has created the necessary conditions for the resumption of TotalEnergies' $20 billion liquefied natural gas project in the country, the country's energy minister was quoted as saying by Portuguese news agency Lusa on Monday. TotalEnergies, which halted construction in 2021 after an Islamic State-linked insurgency attack threatened its Afungi site in the north of Mozambique, has said it wants to resume development this summer.

Jul 14 - China's June coal imports sink to more than two-year low
China's June coal imports fell to the lowest monthly level in over two years, General Administration of Customs data showed, as the country's miners ramped up domestic production to replace lower-grade coal imports. China's June imports were 33.04 million metric tons, the lowest level since February 2023 and down 26% from June a year earlier. That was also down 8% from May. 

Jul 14 - India eases sulphur emission rules for coal power plants, reversing decade-old mandate
India has reversed a decade-old mandate to install $30 billion worth of clean-air equipment, easing sulphur emission rules for most coal-fired power plants, a government order said. Reuters in December reported the government was reviewing 2015 norms that required nearly 540 coal-based power units to install flue-gas desulphurisation systems that remove sulphur from the plants' exhaust gases in phases starting in 2027.

Jul 11 - EU countries seek to keep Russian gas exit plans secret, document shows
European Union governments want Brussels to keep secret how they plan to phase out using Russian oil and gas by the end of 2027, an internal EU document seen by Reuters showed. The European Commission last month proposed legislation to phase out EU imports of Russian oil and gas - part of which would require countries to produce national plans setting out measures and timelines for how they will do this. 

Jul 11 - LNG Canada's start-up yet to lift gas prices amid supply glut
Last month's start-up of LNG Canada, the country's first large-scale liquefied natural gas export facility, has failed to lift Western Canadian natural gas prices as quickly as some market participants and observers expected, due to a persistent supply glut and the gradual pace of the facility's ramp-up. Shell-led LNG Canada shipped its first cargo of 70,000 metric tons from the country's Pacific coast on June 30, to South Korea. 

Jul 10 - Trump sets 50% US tariffs on Brazilian imports starting in August
- U.S. President Donald Trump launched his global tariff assault into overdrive on Wednesday, announcing a 50% duty on goods from Brazil, to start on August 1.
- The announcement came hours after he also informed Brazil that its "reciprocal" tariff on August 1 would rise to 50% from 10%, a shockingly high level for a country with a balanced U.S. trade relationship.
- Trump's Brazil tariff order came in a letter to Brazilian President Luiz Inacio Lula da Silva that vented anger over what he called the "Witch Hunt" trial of Lula's right-wing predecessor, Jair Bolsonaro, and adding to an increasingly bitter public feud with Lula. Trump also criticized what he said were Brazil's attacks on free elections, Americans' free speech and "SECRET and UNLAWFUL Censorship Orders to U.S. Social Media platforms." 

- He ordered the U.S. Trade Representative's office to launch a new "Section 301" unfair trade practices investigation that could add even more tariffs, citing "Brazil's continued attacks on the Digital Trade Activities of American companies." Lula responded to Trump's letter by issuing a statement saying that any unilateral measure to increase tariffs would be met with a response in accordance with Brazilian law.

- Brad Setser, a former U.S. trade official now with the Council on Foreign Relations, said Trump's action could easily spiral into a damaging trade war between the two democracies.
"This shows the danger of having tariffs that are under the unilateral control of one man," Setser said. "It's tied to the fact that Lula beat Trump's friend Bolsonaro in the election." Brazil is the 15th largest U.S. trading partner, with total two-way trade of $92 billion in 2024, and a rare $7.4 billion U.S. trade surplus, according to U.S. Census Bureau data.
- Top U.S. exports to Brazil are commercial aircraft, petroleum products and crude oil, coal and semiconductors while Brazil's top exports to the U.S. are crude oil, coffee, semi-finished steel and pig iron. The South American country has held off on implementing a digital services tax but has sought to advance legislation with stronger competition regulations on digital platforms.

- Trump earlier on his Truth Social media platform issued August 1 tariff notices to seven minor trading partners that exported only $15 billion in goods to the U.S. last year: a 20% tariff on goods from the Philippines, 30% on goods from Sri Lanka, Algeria, Iraq, and Libya, and 25% on Brunei and Moldova.

Jul 10 - Oil giant Saudi Aramco in talks with Commonwealth LNG for offtake agreement, sources say
Oil giant Saudi Aramco is in talks with Commonwealth LNG to buy liquefied natural gas from the U.S. company's proposed facility in Cameron, Louisiana, as it seeks to strengthen its position in the market for the superchilled fuel, four people told Reuters on Wednesday. The talks are for 2 million tons per annum (mtpa), two of the people said. 

Jul 10 - Fossil fuels show staying power as EU clean energy output dips: Maguire
Utilities across the European Union cranked output from natural gas and coal-fired power plants during the opening half of 2025, boosting power sector emissions and reversing recent energy transition momentum. The upswing in fossil production follows two years of steep declines in fossil use within the EU, which established Europe as a global leader in efforts to curb reliance on polluting fuels in power production.

Jul 09 - US power use to reach record highs in 2025 and 2026, EIA says
U.S. power consumption will hit record highs in 2025 and 2026, the U.S. Energy Information Administration said in its short-term energy outlook on Tuesday. The EIA projected power demand will rise to 4,189 billion kilowatt hours in 2025 and 4,278 billion kWh in 2026, up from a record 4,097 billion kWh in 2024.

Jul 09 - US issues expedited permit for proposed Tennessee coal mine
The Trump administration said it permitted a proposed coal mine in Claiborne County, Tennessee on Tuesday under an expedited process aimed at accelerating federal environmental reviews of energy projects. The mine will produce up to 1.8 million tons of coal over the next decade, the Department of the Interior said. 

Jul 08 - Trump executive order seeks end to wind and solar energy subsidies
U.S. President Donald Trump on Monday directed federal agencies to strengthen provisions in the One Big Beautiful Bill Act that repeal or modify tax credits for solar and wind energy projects. In an executive order, Trump said the renewable energy resources were unreliable, expensive, displaced more dependable energy sources, were dependent on foreign-controlled supply chains and were harmful to the natural environment and electric grid.

Jul 08 - US proposes rules that could boost oil, gas output in US West
The U.S. Interior Department on Monday proposed rule changes to allow energy companies to more easily combine oil and gas output from multiple leases using the same well pad, which could save the industry as much as $1.8 billion per year, it said. The proposed rule change, which would mostly affect onshore oil and gas drilling in the U.S. West, would ease limits on so-called commingling, which the department said would make operations more efficient.

Jul 07 - Saudi Aramco considers power assets sale to raise billions, sources say
Saudi oil giant Aramco is looking to sell up to five gas-fired power plants, three sources with knowledge of the matter told Reuters, part of a broader effort to free up funds that could generate tens of billions of dollars. The potential sale of four or five gas-fired plants that power refineries could alone raise around $4 billion as the Saudi government pushes Aramco to increase profits and payouts to the state, two of the sources said.

Jul 07 - Israel attacks Houthi targets in three Yemeni ports and power plant
Israel has attacked Houthi targets in three Yemeni ports and a power plant, the Israeli military said early on Monday, marking the first Israeli attack on Yemen in almost a month. The strikes on Hodeidah, Ras Isa and Salif ports, and Ras Qantib power plant were due to repeated Houthi attacks on Israel, the military added.

Jul 04 - REUTERS TECHNICAL ANALYSIS Q3 OUTLOOK 2025 - WANG TAO

In the third quarter,  Brent and U.S. crude may fall to $71.33 and $55.30 respectively. Palm oil, corn, soybeans, wheat and coffee are set to test key supports, while gold may revisit $3,120. Aluminium and cocoa may face resistance, with copper targeting $10,219. The dollar index could drop to 95. To read the full report, click here

Jul 04 - Clean-energy backers blast US budget bill as a setback
Advocates of clean energy on Thursday decried the final passage of President Donald Trump's tax cut bill by the House of Representatives as a reversal of course on the energy transition, while fossil-fuel interests rejoiced. Trump's fellow Republicans in the House passed the bill 218-214 and it now heads to the president's desk. Trump is expected to sign it on Friday.

Jul 04 - EDF to spend estimated $7 billion on extending life of nuclear plants
French utility EDF expects to spend 6 billion euros on extending the life of 20 of its nuclear reactors, it said on Thursday, after getting the go-ahead from the country's nuclear regulator. The ASN said that state-owned EDF could proceed with upgrading safety standards at its 1300MW reactors so they could operate beyond their original 40-year lifespan.

Jul 03 - Exxon, QatarEnergy JV asks US regulators for permission to re-export LNG from October 1
Golden Pass LNG, which is owned by Exxon Mobil and QatarEnergy, has asked U.S. regulators for permission to re-export liquefied natural gas from October 1, as the export plant nears production after previous delays. The company said it wants to re-export a cargo of LNG that it plans to import to cool down its export plant in Texas, which is still under construction. Cooling down the plant is often the final step before producing LNG. 

Jul 03 - Saudi Arabia, Indonesia sign several deals worth around $27 billion, state news agency says
Saudi Arabia and Indonesia signed several deals and memorandums of understanding worth around $27 billion between private sector institutions in fields including clean energy and petrochemicals, Saudi state news agency SPA reported on Wednesday. Indonesian President Prabowo Subianto visited the Gulf kingdom on Wednesday and met Saudi Crown Prince Mohammed bin Salman.

Jul 02 - Despite last-minute changes, US Senate bill deals big blow to renewable energy
The U.S. Senate's massive budget bill that passed on Tuesday will make it harder to develop wind and solar energy projects, despite the removal of some contentious provisions, industry advocates and lawmakers said. The Senate dropped a proposed excise tax on solar and wind energy projects that don't meet strict standards after last-minute negotiations with key Republican senators seeking better terms for renewables. 

Jul 02 - India renewable power output grows at fastest pace in three years
India's renewable power output rose at its fastest pace since 2022 in the first half of 2025, a Reuters analysis of government data showed. Renewable power output jumped 24.4% to 134.43 billion kilowatt hours (kWh) for January–June 2025, according to a Reuters analysis of daily load despatch data from the federal grid regulator.

Jul 01 - Republican senators seek to change Senate bill clean energy tax, improve tax credits
Republican Senator Joni Ernst has introduced an amendment to the U.S. Senate's tax and spending megabill that would change two of the most contentious parts of that bill and could give a small boost to wind and solar projects that had been targeted in the draft being debated on the Senate floor. The amendment introduced by Ernst, and supported by fellow Iowa Senator Chuck Grassley and Alaska Senator Lisa Murkowski, would remove the proposed new tax on wind and solar projects that start after 2027 and make the credits available based on projects' construction start date instead of when they enter service. 

Jul 01 - Europe drives LNG import growth as Asia stumbles on higher price: Russell
Global imports of liquefied natural gas (LNG) ticked higher in the first half of 2025 as stronger European demand pulled cargoes away from Asia. Total imports of the super-chilled fuel were 208.62 million metric tons in the first six months of this year, up 1.7% from the 205.11 million for the same period in 2024, according to data compiled by commodity analysts Kpler.