Marchés des Devises

Jul 03 - Russia's LNG exports up 9.9% in first half of 2026, data shows
Russia's exports of liquefied natural gas rose 9.9% in the first half of the year to 16.6 million metric tons, boosted by growing supplies from the new Arctic LNG 2 project, preliminary LSEG data showed on Thursday. However, June exports fell 1.5% from a year earlier and 37% from May to 2.03 million tons, due to seasonal maintenance at the Asia-oriented Sakhalin-2 plant.

Jul 03 - Heat dome poses woes for largest US power grid beyond data center boom
Largest U.S. power grid PJM on Thursday braced for record-setting consumption spurred by a heat dome and the boom in data centers by re-routing massive traffic jams on power lines and dispatching costly fossil fuel plants to avert outages.While power-hungry data centers strain PJM's grid this week, the operator's overall cost of running a system for 67 million people has increased nearly 70% this year, or by more than $16 billion, according to the latest report from PJM's independent market monitor.

Jul 03 - Indonesia state utility secures additional coal after supply crunch
Indonesian state electricity firm Perusahaan Listrik Negara (PLN) has secured additional coal shipments for its electricity system in Java after supply issues caused a series of power outages, its chief told members of parliament on Thursday. In July, PLN will get 1.8 million metric tons of coal with 4,500 kcal-grade or higher, on top of its contracted deliveries, Darmawan said. From August to December, PLN will get an additional 3 million tons per month.

Jul 02 - US LNG exports to Europe decline as Asia prices surge
For the first time in nearly two years, less than half of U.S. LNG exports last month went to Europe as stronger prices in Asia and record imports by Egypt diverted cargoes, according to preliminary ship-tracking data from LSEG. The shift marks the first time since July 2024 that Europe has not taken the majority of monthly U.S. exports of liquefied natural gas. 

Jul 02 - Gas plants for US data centers to be major source of climate change-linked emissions
Dozens of planned gas plants to directly power data centers in the United States could emit as much greenhouse gas annually as Australia or France, according to a report by an environmental group published on Wednesday. The Environmental Integrity Project reviewed 74 gas-fired U.S. power plant projects proposed or planned to provide electricity directly to data centers, which would sidestep the process to connect to the U.S. electric grid.

Jul 01 - Hormuz disruption to stall 2026 LNG trade, demand to rise by 2050, says Shell
Shipping disruptions in the Strait of Hormuz due to the Iran war could keep global liquefied natural gas trade flat this year if flows return to normal in the next three months, Shell said on Tuesday, though it expects growth to resume in 2027 and demand to rise sharply by 2050. The severe disruption to tanker traffic through the crucial waterway has shut in around one-fifth of global monthly LNG supply since the conflict began. Energy major Shell had expected LNG trade, which reached 422 million metric tons in 2025, to increase in 2026.

Jul 01 - Industrial firms warn EU carbon overhaul could benefit polluters
The Emissions Trading System (ETS) is the EU’s flagship climate change policy. The long-planned changes to the ETS, aimed at aligning the system with the EU's 2040 climate goal agreed last year, are taking place during a political backlash against Europe's green agenda, which some leaders, including Italy’s Giorgia Meloni and Poland’s Donald Tusk, argue is eroding industrial competitiveness.

Jul 01 - REUTERS TECHNICAL ANALYSIS Q3 OUTLOOK 2026 - WANG TAO

A firmer U.S. dollar is likely to weigh on energy and metals markets. The dollar index has established a solid base and is gathering upward momentum, reinforcing the bearish outlook for crude oil, gold, base metals and grains. In contrast, palm oil and soft commodities appear less vulnerable to dollar strength and are expected to extend their gains. To read the full report, click here .

Jun 30 - Stalled US permits threaten $121 billion in wind and solar investment, report shows
Trump administration policies that have stalled permits for renewable energy projects are putting more than $121 billion of investment at risk and slowing development of wind, solar and storage capacity needed to meet rising power demand, according to a report published on Monday. The findings by energy research firm Wood Mackenzie highlighted tension between President Donald Trump’s goal of fast-tracking energy infrastructure to support the artificial intelligence boom and his opposition to renewable energy.

Jun 30 - US leads global CO2 emissions increase in 2025, report finds
The United States accounted for about a third of the rise in global carbon emissions in 2025, as higher gas prices pushed power producers back to coal, an Energy Institute report showed. U.S. coal consumption jumped 10% last year, reversing a shift towards cleaner fuels and helping lift overall emissions.

Jun 29 - Australian energy exploration hits 10-year high in hunt for gas
Energy exploration has picked up sharply in Australia driven by growing Asian gas demand, technological advances and an improved investment climate, with the Iran war underscoring the urgency to develop supply, after years of sluggish spending. Quarterly oil and gas exploration spending in Australia, the world's No. 2 liquefied natural gas producer, hit a 10-year high of A$471 million in the March quarter, government data released in June shows.

Jun 29 - China will lead both renewable energy and coal consumption
China's latest five-year energy plan confirms two seemingly contradictory positions: it will continue to be the world's leader in both renewable energy and coal. The trick is to view China's plans to massively expand renewable power while keeping coal production and consumption around record levels through the prism of energy security.

Jun 26 - China targeting half of power from non-fossil sources by 2030
China is aiming for half of its electricity to come from non-fossil sources by 2030, up from a 42.3% target for 2025, according to a five-year plan for the energy sector released on Thursday. China is aiming for wind and solar to exceed 50% of installed capacity by 2030, up from about 47% at end-2025.

Jun 26 - TotalEnergies must address climate risks linked to its products, French court rules
French oil major TotalEnergies must disclose the climate risks linked to emissions from its oil and gas products and set out plans to mitigate them, a Paris court ruled on Thursday. The ruling is a partial victory for climate change NGOs seeking to apply France's 2017 corporate duty of vigilance law to climate change.

Jun 25 - Global natural gas markets to stabilize after Middle East war, says GECF Secretary General
Global natural gas markets were on track to stabilize during the third quarter with the reopening of the Strait of Hormuz following the ceasefire between the U.S. and Iran, Philip Mshelbila, secretary general of the Gas Exporting Countries Forum (GECF), said at the Reuters Global Energy Forum in New York on Wednesday. "If we assume that the Strait (of Hormuz) is now open and will remain open, our view is actually that in the course of this next quarter we will begin to see some re-stabilization in the market," Mshelbila said.

Jun 25 - Asia's thermal coal imports jump on China, Japan, S.Korea buying (Kpler)
Asia's imports of seaborne thermal coal are rebounding as China boosts purchases to compensate for soft domestic output and Japan and South Korea seek energy security amid the fallout from the U.S.-Israeli war on Iran. The top-energy-consuming region's imports are on track to reach 77.37 million metric tons in June, the most in six months and up from May's 68.39 million, according to data compiled by commodity analysts Kpler.

Jun 24 - China's coal power on the rise again in 2026, reversing first-in-a-decade decline
China's coal-fired power generation is set to rebound this year from its first fall in a decade, analysts said, due to the impact of El Nino and the Iran war and as renewable sources of energy have failed to keep pace with demand. The world's biggest power consumer increased its usage of thermal power by 3.4% year-on-year in the first five months of the year to 2.53 trillion kilowatt-hours (kWh), statistics bureau data showed last week.

Jun 24 - US announces $17.5 billion in loans for nuclear power supply chain
The U.S. Department of Energy announced on Tuesday $17.5 billion in conditional loans for utilities and energy companies to purchase parts needed to strengthen the U.S. commercial nuclear supply chain. U.S. Energy Secretary Chris Wright told reporters the loans will help the U.S. achieve its goal of having 10 new large-scale nuclear reactors under construction by 2030, potentially accelerating that timeline by three years.

Jun 23 - Solar manufacturing group seeks US trade probe of cell imports from South Korea
Three solar panel makers urged U.S. officials to investigate cell imports from South Korea, saying firms including Hanwha's Qcells, were using them to evade tariffs on Chinese products, according to a petition seen by Reuters. The petition was filed with the Department of Commerce on June 18 on behalf of a manufacturing joint venture of Canadian Solar, SEG and Heliene, which all operate solar panel factories in the United States.

Jun 23 - Canada sets out plan for up to 10 new nuclear reactors
Canada unveiled a strategy on Monday to accelerate the development of nuclear power, setting out a goal of building up to 10 new large-scale reactors and streamlining approvals for future projects. The strategy, announced by Natural Resources Minister Tim Hodgson, aims to have two new nuclear reactors under construction by 2035 and five more planned or under development by 2040. 

Jun 22 - Fifty-four injured and 18 missing after explosion at Qatar LNG site, authorities say
Fifty-four people were injured and another 18 were missing after an explosion at Qatar's core LNG processing site of Ras Laffan on Sunday, authorities said. An incident during the start-up of operations at Ras Laffan Industrial City resulted in an explosion and fire at the Barzan local gas supply facility on Sunday evening, QatarEnergy said in a statement. 

Jun 22 - Global business leaders back faster electrification shift
Companies including Nestle and Ikea urged governments to make electrification central to their economic strategies, to help reduce exposure to volatile fossil fuel costs and bolster energy security. In an open statement seen by Reuters and backed by 112 businesses from sectors including industrials, consumer goods and healthcare, they said exposure to fossil fuel-driven price shocks undermined competitiveness.

Jun 19 - Top US energy regulator pushes grids to overhaul data center power rules
The top U.S. energy regulator ordered the country's electric grid operators on Thursday to consider new protocols to quickly connect very large energy users, such as data centers, without driving up costs and the risk of blackouts. Data centers are pushing U.S. electricity use to record highs and requiring more electricity in large swaths of the country than grids can supply, sending regulators scrambling to develop ways to manage that explosive demand. 

Jun 19 - High French river temperatures expected to limit nuclear power output next week
French state-owned utility EDF warned on Thursday that three nuclear plants face production curbs next week because of high temperatures on the Rhone and Garonne rivers as France grapples with its second heatwave this spring. Nuclear output in France has been relatively consistent this year as production has continued to recover from lows hit several years ago, but exceptional heatwaves at the end of the northern hemisphere spring have raised water temperatures to levels that put reactors at risk of output curtailment.

Jun 19 - China's coking coal imports set to rise as Shanxi mine disaster hits supply, traders say
China's imports of coking coal, a steelmaking ingredient, are set to rise further this year after a fatal mine accident reduced domestic supply, traders said. Chinese importers have turned to producers such as Canada and Australia for delivery in June and July after 155 coal mines in the northern Chinese province of Shanxi, its largest coal producer, were shut for safety checks following the accident in late May. 

Jun 18 - EU countries scale back plan to fund power grids, document shows
Governments have cut back the European Union's proposal to spend national funds on the bloc's energy infrastructure after Sweden threatened to restrict power exports over the plan, an internal negotiating document seen by Reuters showed. The spat concerns a proposed EU law to raise funds for large cross-country energy infrastructure projects, like interconnectors, which are needed to integrate more renewable energy into the network and meet rising power demand from data centres and other sources.

Jun 18 - The Hormuz shock didn’t break Europe's gas market. Time might: Martin Vladimirov and Borbala Toth
Europe's natural gas market has passed the Hormuz stress test — at least so far. A U.S.-Iran peace deal suggests the worst of the shock may be over, even if flows recover only gradually. That should temper supply fears and shift attention to the demand pressures likely to shape the market in coming decades. The near-total closure of the Strait of Hormuz following the outbreak of the U.S.-Israeli war with Iran halted nearly 20% of global liquefied natural gas trade, sending Asian and European gas prices sharply higher. 

Jun 17 - Fast-tracked power plants fuel AI boom, with little public scrutiny
Data provided to Reuters by research firm Cleanview shows there are at least 57 off-grid U.S. power plants proposed or under construction to serve individual data centers in the United States. Their capacity totals 73,000 megawatts, enough for tens of millions of homes. Reuters identified more than a dozen such projects that won approval in under a year, with little or no notice to residents. 

Jun 17 - China taps ultra-deep Sichuan shale in push to boost gas output
China is expanding gas drilling into deeper, more ancient shale formations in the Sichuan basin that could potentially lift domestic output of the unconventional fuel by more than a third by 2035, according to a Sinopec expert and industry consultants. With shale gas output lagging government targets and making up just 10% of China's gas production, state oil giants are tackling terrain some 5,000 m (16,400 ft) below the surface - among the deepest in the world - to arrest slowing growth.

Jun 16 - Middle East oil and gas output will take months to fully recover
A framework agreement between the U.S. and Iran on terms to end their war and reopen the Strait of Hormuz sent oil prices tumbling, as traders anticipated the return of flows. But industry officials say a full return to pre-war production and refining levels is likely to take weeks, months or even years.

Jun 16 - Japan assessing impact on LNG supplies from Australia's Ichthys LNG strike
Japan is assessing the impact on liquefied natural gas supplies from a strike at Inpex's Ichthys project in Australia after a court rejected a bid to halt the action, Industry Minister Ryosei Akazawa said. Australia's Offshore Alliance plans to extend until July 6 action that could disrupt LNG shipments, it said on Monday, after a tribunal rejected plant operator Inpex's bid to halt the strike at Ichthys LNG.

Jun 15 - China's top coal region to expand coal-to-oil output in energy security push
China’s top coal-producing region plans to build the country’s largest base for turning coal into oil, gas and chemicals to help reduce reliance on imports, highlighting how the Iran war has sharpened China’s focus on energy security. Inner Mongolia is also China’s top producer of renewable energy, making it a microcosm of the country's complicated energy transition, with a reliance on foreign oil sitting alongside a relative abundance of coal.

Jun 15 - Australia's Woodside Energy says it is unaware of any proposal involving Exxon Mobil
Australia's Woodside Energy said it was not aware of any proposal involving U.S. major Exxon Mobil and was not engaged in discussions regarding a potential transaction, responding to recent media speculation. Woodside's shares fell 2.7% in early trade on the Australian stock exchange, as oil prices slid 4% to their lowest since March after the U.S. and Iran said they had reached an initial deal to end their war and resume traffic through the Strait of Hormuz.

Jun 12 - EU curbs on Chinese inverters risk slowing solar rollout over security fears
The European Union's ban on public funding for Chinese-made solar inverters could affect more than a fifth of new solar capacity, exposing a growing tension between energy security fears and the bloc's race to meet climate targets. Brussels imposed the restriction last month, citing fears that internet-connected inverters supplied by "high-risk" countries such as China could be used to disrupt Europe's power grid. 

Jun 12 - Iran war adds to AI boom as demand for gas turbines rises further, Siemens Energy says
The Iran war has become an additional driver of demand for gas turbines, Siemens Energy executives said on Thursday, at a time when manufacturers are already flooded with orders due to the massive data centre expansion in the United States. Along with rivals GE Vernova and Mitsubishi Heavy Industries, Siemens Energy has seen demand for gas turbines soar as so-called hyperscalers invest more than $700 billion in energy-hungry artificial intelligence, in turn driving demand for new energy capacity.

Jun 11 - Commodities trader Gunvor funds venture to buy US natural gas production
Commodities trader Gunvor on Wednesday told Reuters it has provided financial backing to a team of energy industry executives for efforts to amass natural gas-producing assets across top U.S. shale basins. A Gunvor spokesperson confirmed that the company has backed Western Natural Resources, a private oil and gas producer based in Oklahoma City which has previously developed energy production projects in partnership with asset manager KKR.

Jun 11 - EU agrees stronger price controls for new carbon market
The European Union agreed on stronger measures to control prices in its new carbon market, the European Parliament said early on Thursday, responding to governments' concerns that the emissions-cutting initiative could increase fuel bills. Negotiators from EU countries and the European Parliament agreed that if the cost of permits in the new carbon market exceeds €45 per metric ton of CO2, then 40 million permits will be released into the market from a "stability reserve" to regulate supply, up from a previous 20 million. 

Jun 10 - China's green-energy drive will shift up a gear
The energy transition in China is full of contradictions. On the one hand, cities are less polluted, while green industries like solar panels and electric vehicles account for some 30% of GDP growth. On the other, China is using more coal than ever and building new power stations to burn it. Beijing’s plan to cut greenhouse gas emissions by 10% at best by 2035 seems unambitious, as does its longstanding aim of only hitting net-zero in 2060, a decade later than many countries' stated goals.

Jun 10 - Germany's power growth could reignite industrial engine.
Germany's electricity output is on track to expand by the most in more than a decade in 2026, offering a potential lifeline to the industrial sector at the heart of Europe's biggest economy after years of near-stagnation. Total utility-supplied electricity output from January through May has expanded by the most in more than a decade, to 209 terawatt hours according to energy think tank Ember.

Jun 09 - LNG demand in Asia recovers from Iran shock as China buys.
Liquefied natural gas demand in Asia is quietly recovering from the shock of losing almost 20% of global supply to the Iran conflict as top buyer China shows signs of returning to the market. The biggest-importing region is on track for arrivals of 21.83 million metric tons in June, the most for five months and also up from the 21.55 million tons in the same month last year, according to data compiled by commodity analysts Kpler.

Jun 09 - EU plans tax changes to reduce electricity bills, draft shows
The European Union is preparing changes to energy taxes and network charges, including plans to tax electricity at a lower rate than gas, in a bid to cut consumers' power bills, a draft proposal seen by Reuters showed. The European Commission proposal is part of the EU's response to the fallout from the Iran war in energy markets, which has pushed up oil and gas prices, raising consumer bills due to the bloc's reliance on imported fossil fuels.

Jun 08 - Key reasons why Trump's push to save US coal sector may backfire.
U.S. President Trump's push to revive the domestic coal sector taps into a potent mix of energy security, industrial policy and electoral politics. But the data show that coal's decline is being driven by structural forces that are unlikely to reverse. That means that even if the administration directs tens of millions of dollars toward coal producers and utilities, the most likely outcome is a misallocation of taxpayer funds, higher emissions, and increased electricity costs for consumers.

Jun 08 - China dominates low-carbon industrial projects, US lags, report says.
The number of low-carbon industrial projects that have secured funding over the last six months has more than doubled year-on-year to 19, worth $43 billion, with the bulk of them in China, a report said. Some 13 of the projects that reached a final investment decision from November to April were in China, ranging from methanol to aluminium, while only one of them was in the U.S., a report by the Mission Possible Partnership said.

Jun 05 - China's solar majors charge into batteries as panel sales falter
China's major solar panel manufacturers are ramping up higher-margin battery exports to boost revenue as growth in photovoltaic (PV) sales slows, betting on rising global demand for renewable energy storage to cut reliance on fossil fuels. The sector has been hit by weaker domestic installations, slowing exports and record-low prices, with executives expecting global demand to decline in 2026.

Jun 05 - Trump directs hundreds of millions of dollars to support coal using emergency powers
President Donald Trump said on Thursday he is directing hundreds of millions of dollars to support U.S. coal power plants and to ship the carbon-intensive fuel to Asia, with most of the funding coming from Cold War-era emergency powers. Trump invoked the Defense Production Act, a 1950 law granting presidents broad authority over industries deemed critical to national security, to fund $425 million in upgrades to 13 coal-fired power plants and $75 million to support the proposed West Gateway coal export terminal in Oakland, California.

Jun 04 - LNG prices could go higher in significant volatility, Uniper executive says
Liquefied natural gas (LNG) prices could rise further in significant volatility than experienced so far during the Iran war if supply disruptions coalesce with hot weather in Asia and European storage refill needs, Uniper's chief executive for the Middle East, John Roper, said on Wednesday. The current supply disruptions have hit Asian countries excluding China harder than Europe so far, and the consequences will be felt until at least 2030 as the closure of the Strait of Hormuz and damage to facilities took most of the LNG supply growth from 2025-2026 off the market, Roper said.

Jun 04 - Trump plans $700 million in new coal support, White House official says
U.S. President Donald Trump is planning to use Cold War-era national defense powers to send nearly $700 million to support coal facilities, according to a White House official. Trump could announce as soon as Thursday that he will invoke the Defense Production Act, the 1950 law granting presidents wide authority over national security-related industries, to upgrade more than a dozen coal power plants, build a massive West Coast coal export terminal and match corporate funds to build new power plants, the official said.

Jun 03 - US LNG exports fall in May on maintenance, Asia's take rises
U.S. liquefied natural gas exports fell to 10.2 million metric tons (MT) in May, the lowest level this year excluding February’s shorter month, as seasonal maintenance curbed output, preliminary data from financial firm LSEG showed. The decline was driven by planned outages across several export plants, as operators carried out spring maintenance after delaying work earlier in the year to capture strong demand.

Jun 03 - US states sue Trump administration over deal to scrap offshore wind project
Seven U.S. states led by New York sued the Trump administration and a French energy firm on Tuesday for canceling a major offshore wind lease off the coast of New York in exchange for a pledge by the company to invest instead in fossil fuel projects. The lawsuit in the Washington, D.C., federal court challenges a March 23 decision by the U.S. Department of the Interior to cancel a lease by a subsidiary of France's TotalEnergies, "reimburse" $795 million to the company, and extract a pledge from the company not to develop new offshore wind projects in the United States.

Jun 02 - Unions threaten to stop Inpex Ichthys LNG loadings from next week
Workers began a limited strike on Tuesday at Inpex's Ichthys liquefied natural gas facilities in Australia over a wage dispute, and their unions threatened much broader action next week that could disrupt LNG production and loadings. Ichthys accounts for about 10% of LNG supply from Australia, which is now the world's second-largest LNG exporter following damage to facilities in Qatar due to the Iran war.

Jun 02 - Russia's LNG exports rise 11.5% in January to May, data shows
Russia's exports of liquefied natural gas rose 11.5% in January to May from a year earlier, to 14.5 million metric tons, due to a ramping up of supplies from the new Arctic LNG 2 project, preliminary LSEG data showed on Monday. In May alone, total Russian exports of LNG jumped 23% from a year ago to 3.12 million tons. According to LSEG data, this is the highest level of monthly shipments since December 2023, when a record monthly export of 3.2 million tonnes was recorded.

Jun 02 - Indonesia's January-April coal exports fall 6.7% on year
Indonesia exported 114.54 million metric tons of coal in the January-to-April period, down 6.7% from the same period a year earlier, statistics bureau data showed. The shipments were worth $7.57 billion.

Jun 01 - Devon Energy gets $8 billion offer for Marcellus position, sources say
Devon Energy has received a roughly $8 billion offer from money manager Stone Ridge Asset Management for its Marcellus shale assets, four people familiar with the matter said. The move comes as Devon reviews its business in the wake of closing its $58 billion merger with Coterra Energy earlier this month, a combination which created one of the largest independent oil and gas producers in the United States, with a presence in a half-dozen regions led by the Delaware portion of the Permian basin in Texas and New Mexico.

Jun 01 - Activist Voss Capital urges Sempra to spin off Texas electricity unit Oncor, letter says
Activist investor Voss Capital has urged Sempra to spin off its Oncor electricity unit, creating a high-growth Texas-focused utility unencumbered by the $60 billion energy giant's predominant California business, according to sources familiar with the matter and a letter seen by Reuters on Thursday. The Houston-based hedge fund, which owns roughly 2 million shares, or less than 1%, of Sempra, argues that a newly independent Oncor Electric Delivery Company would be the highest-growth public transmission utility in the U.S., and could be worth as much as $78 billion by the end of 2028. Since Sempra controls around 80% of Oncor, its stake in the spinoff would be worth more than Sempra's current market value as a combined company, Voss said in the letter to its investors.

May 29 - Russia sends first LNG tanker this year eastward along the Arctic, data shows
A liquefied natural gas carrier has departed from a Russian outlet and sailed east towards Asia, LSEG data showed on Thursday, the first tanker this year to set sail along the Northern Sea Route as navigation along the route opens earlier than usual. Russia hopes to boost trade with Asia along the route, which it sees as an alternative to other routes such as the Suez Canal, at a time of heightened security risks for navigation, especially in the Middle East during military conflicts. 

May 29 - Russia signs $16.5 billion deal to build first nuclear power plant in Kazakhstan
Russia signed an agreement on Thursday with Kazakhstan to build the first nuclear power plant in Central Asia's largest country at a cost of about $16.5 billion, partially covered by a major export loan from Moscow. Kazakhstan, the world's biggest producer of uranium and a country which suffered from the fallout from Soviet nuclear testing, has been discussing the possibility of atomic power for at least two decades.

May 28 - Aluminium price spike from Mideast war fans costs for US solar industry
Commercial U.S. solar customers are seeing installation costs spike as the war in Iran chokes supply of aluminium and makes racking systems more expensive, compounding financial pressures on an industry already grappling with elevated silver prices. Aluminium is vital for solar racking components such as rails, clamps, and brackets to mount solar panels. 

May 28 - Natural gas spending to hit 10-year high in 2026 as oil investment falls, IEA says
Global investment in natural gas projects is set to rise by more than 10% this year to $330 billion, its highest level in 10 years, while upstream oil spending declines for a third straight year, the International Energy Agency said in a report. As global energy markets remain disrupted by the Iran war, which has halted tanker traffic through the Strait of Hormuz and caused production stoppages across the Middle East, companies are accelerating investment in other geographies and boosting spending on renewables, LNG and coal to shore up supply security.

May 27 - US and Thailand speed LNG talks as war hits Qatar exports, sources say
The U.S. and Thailand are in talks on new long-term supply of U.S.-produced liquefied natural gas, two sources said on Tuesday, negotiations that have accelerated since the U.S.-Israeli-led war on Iran led to LNG production damage in key exporter Qatar. The talks center on a binding long-term deal between Venture Global and Thailand's state-controlled energy company PTT PCL, said the sources familiar with discussions who were granted anonymity due to the sensitive nature of the discussions. 

May 27 - Asia's early heat wave signals potential summer squeeze for coal and gas
Many of Asia's largest cities are already gripped by above-normal temperatures that are prompting widespread use of power-hungry air conditioners weeks ahead of the usual peak in summer thermometer readings across the region. Temperatures in many parts of China, Japan, India, South Korea and Southeast Asia have climbed to well above their long-term averages recently, and look set to remain elevated for the next several weeks, data compiled by LSEG shows. 

May 26 - QatarEnergy extends force majeure until mid-August, Italy's Edison says
QatarEnergy has notified one of its biggest European customers that it will cancel five additional LNG cargoes, extending force majeure from early July until mid-August, Italian utility Edison said on Monday. Edison holds a long-term contract with QatarEnergy for the supply of 6.4 billion cubic meters of liquefied natural gas per year to Italy which has been impacted since April by disruptions linked to the Iran war. 

May 26 - Draft Australian LNG policy draws ire from industry
The Australian government on Monday released a draft of its liquefied natural gas export rules for consultation, looking to clarify its new 20% domestic reservation rule but drawing criticism for opacity instead. The Domestic Supply Obligation rule will operate from July 2027 and will only apply to contracts or extensions of existing contracts signed after December 22 last year, although it is clear while it will "respect" contracts it wants more gas to market.

May 25 - Third Qatari LNG tanker heads through Hormuz to China, data shows
A Third Qatari liquefied natural gas tanker is transiting the Strait of Hormuz and heading to China, ship-tracking data showed on Friday, as a Qatari negotiating team arrived in Tehran to try to help secure a deal to end the war with Iran. As shipments through the waterway continue to be erratic, this third transit of a Qatari LNG tanker is taking place nearly two weeks after a first such cargo passed through the strait under an Iran-Pakistan arrangement.

May 25 - Asia thermal coal imports, prices lift amid Iran war, China output drop: Russell
The Iran war has upended crude oil and liquefied natural gas markets, but the impact on coal has been more muted, even as prices for thermal grades have quietly climbed to multi-year highs. While the conflict between the United States and Iran has resulted in the loss of at least 10% of the world's crude oil and about a fifth of LNG, thermal coal supply remains largely unaffected, even if the cost of producing and shipping has risen on the back of higher fuel prices.

May 22 - Europe gas stocks could turn critical if Hormuz shut for 1–3 months, Equinor says
Europe could face a critical shortfall in gas stocks if disruption to shipping through the Strait of Hormuz lasts one to three months from now, as low inventories and distorted prices slow stockpiling, senior executives at Equinor said. Gas caverns and tanks across Europe are currently just above 35% full, below a seasonal norm of around 50%, Gas Infrastructure Europe data showed.

May 22 - US energy storage additions hit a first-quarter record, report shows
U.S. energy storage developers installed 9.7 gigawatt-hours of new capacity in the first quarter of 2026, marking a record high for the quarter, an industry report showed on Thursday. Energy storage capacity grew 32% in the quarter from a year ago despite federal actions the industry says are slowing clean energy development, the report by the Solar Energy Industries Association and Benchmark Mineral Intelligence said.

May 21 - Deep under China's coal basins, PetroChina is unlocking gas from rocks
Thousands of metres below its vast coal basins, China is tapping an unconventional fuel source in a multi-billion-dollar effort to unleash new supplies of natural gas and further Beijing's goal for energy independence. State energy giant PetroChina's experts forecast the company could produce 30 billion cubic metres of coal rock gas by 2035, topping last year's record shale gas output, which made up 10% of the country's production.

May 21 - Saudi Arabia to burn more oil for power this summer as gas output falls
Saudi Arabia is expected to burn more imported fuel oil for power generation this summer following a loss of natural gas supply from oilfields that have been shut after the Iran war curbed its oil exports, analysts said. The rise in fuel oil use at power plants just as electricity demand jumps for cooling in the summer marks a setback for the kingdom's push to switch to cleaner fuels.

May 20 - Four US LNG vessels sailing to China after Trump-Xi summit
Four liquefied natural gas vessels were sailing to China from the U.S. and expected to arrive in June, according to data from financial firm LSEG, marking the first U.S. LNG cargoes to leave the U.S. and go directly to China during U.S. President Donald Trump's second term in office. Last week, Trump went to Beijing for a summit with Chinese President Xi Jinping. During the trip, Trump told Fox News on May 14 that China wants to buy oil, LNG and other goods from the United States.

May 20 - Australia's LNG industry worries it will miss the huge opportunities from Iran war
Australia's liquefied natural gas sector is both uninvestable and the greatest opportunity for growth, and that's according to the industry itself. The dichotomy isn't as contradictory as it may first appear, as the industry is effectively saying there is a window during which the world's third-largest exporter of LNG can either grow, or it can stagnate and slowly drift into decline.

May 19 - NextEra plans to buy Dominion Energy for $66.8 billion, form biggest US power company as AI demand booms
U.S. power companies NextEra Energy and Dominion Energy announced a plan to merge on Monday in a $66.8 billion deal that will form one of the world's largest electric utilities during an expansion of energy-intensive data centers to support artificial intelligence. The all-stock transaction, which is pending regulatory approvals, is one of the largest-ever energy mergers.

May 19 - How India's cooking fuel shortage is driving up California's gas prices
In India, there is a shortage of cooking gas. In California, motorists are paying $6 a gallon for gasoline. They are both symptoms of the worst-ever energy supply disruption. They are also directly connected, and evidence of the knock-on effects across the global economy of the U.S.-Israeli war with Iran.

May 18 - China's April coal output ticks down 1% on year
China's coal output inched down 1% year-on-year in April despite lower imports and a rise in coal-fired power generation during the month, statistics bureau data showed, indicating a continued tight supply-demand balance. April output was 385.63 million metric tons, down from a record high of 440.62 million tons in March. 

May 18 - China's April fossil-fueled power generation up 3.1%
China's fossil-fuelled power generation rose 3.1% year-on-year in April, statistics bureau data showed. Thermal power generation, mostly from coal with a small amount from natural gas, rose 3.6% over the first four months as a whole, compared with 2025.

May 15 - China's Sinopec books major reserves in ultra-deep shale gas find
Chinese oil major Sinopec said it has booked large proven reserves of gas at its ultra-deep Ziyang Dongfeng shale gas field. It said it had secured official approval for proven geological reserves of 235.687 billion cubic meters for the Ziyang Dongfeng field, which lies deeper than 4,500 meters in the Sichuan Basin.

May 15 - Australia holds off on gas export curbs after supply assurances
Australia will not impose export restrictions on natural gas during winter after exporters assured the government of sufficient supply for its east coast markets, Resources Minister Madeleine King said. The government said in April it was considering activating the Australian Domestic Gas Security Mechanism in the third quarter, which would have required exporters to prioritise local supply.

May 14 - EU's rising reliance on US gas brings risks, regulators warn
The European Union's growing reliance on U.S. gas carries risks, including rising dependence on a single supplier, European energy regulators warned on Wednesday. EU countries have tripled imports of U.S. liquefied natural gas since 2021 as they race to phase out Russian energy. 

May 14 - India clears $3.9 billion push to turn coal into gas to reduce imported fuel reliance
India's cabinet approved a 375 billion rupee scheme to boost coal gasification projects, reducing reliance on imported fuels and channelling domestic coal into cleaner industrial uses, Information Minister Ashwini Vaishnaw said. The cabinet decision seeks to encourage the conversion of coal into synthetic gas that can be used to produce power, fertiliser, petrochemical among other industrial applications.

May 13 - Top Asian LNG markets boost coal use as Iran war limits supply
Major Asian liquefied natural gas importers Japan and South Korea ramped up coal-fired power generation in April and into early May, market data showed, as the Iran war disrupted supplies of the super-chilled fuel and boosted prices. Japan's gas-fired power supply hit two-year lows in April and South Korea's dropped to six-month lows, according to data from the Japanese Electricity Market Data Hub and Korea Power Exchange.

May 13 - US LNG vessels leave for China after year-long pause ahead of Trump-Xi summit
China could receive in June its first direct U.S. liquefied natural gas shipment in more than a year in a potential sign of thawing energy ties as U.S. President Donald Trump this week heads to Beijing for a summit with Chinese President Xi Jinping. Three vessels left U.S. LNG export plants in Louisiana last week and are expected to reach China in mid- to late June, according to data from financial firm LSEG.

May 12 - India declines Russian LNG under sanctions, talks continue on permitted cargoes, sources say
India has declined Russia’s offer to sell it liquefied natural gas subject to U.S. sanctions despite a shortfall driven by Middle East tensions, said two sources with direct knowledge of the matter, leaving a tanker bound for India in limbo as talks continue on permitted cargoes. The stance highlights the fine balance the world’s third-biggest oil importer and consumer is seeking to strike between securing energy supplies and avoiding LNG cargoes on which the U.S. has placed sanctions, which are harder to disguise and carry greater compliance risk. 

May 12 - India to shrink zones around nuclear reactors to free up land, sources say
India plans to reduce the size of exclusion zones around nuclear plants to free up significant amounts of land for reactor expansions, three officials familiar with the matter said, in a move to attract private investment that is likely to face backlash from opposition parties and the public. At present, all nuclear reactors in India have a minimum buffer of about 1 km around reactors where no habitation or economic activity is allowed, a provision meant to keep radiation risks at a distance.

May 11 - Trump’s crackdown on China-linked solar firms stalls U.S. factory boom
Top solar companies, banks and insurers have stopped doing business with at least a half dozen recently built U.S. panel factories because of uncertainty over whether their ties to China could disqualify them from clean-energy subsidies, according to industry executives and documents reviewed by Reuters. The shift, driven by new Trump administration policies, jeopardizes more than a third of U.S. solar capacity in factories initially built by Chinese firms. 

May 11 - Why millions of Americans pay for unfinished electricity projects
Millions of Americans are unknowingly financing electric grid projects before they get any benefit. Policy-makers, in an urgent bid to overhaul the nation’s aging electric grid, are increasingly letting utilities charge customers for power plants and transmission lines long before they’ve been built, boosting near-term bills in exchange for promised savings decades down the road, according to a Reuters review of regulatory disclosures.

May 08 - IEA says Middle East conflict altering medium-term gas outlook
The Iran war has already led to a loss of about 120 billion cubic metres of global liquefied natural gas supply over the 2026 to 2030 period, Gergely Molnar, an analyst from the International Energy Agency, said on Thursday. Speaking at the Budapest LNG Summit, Molnar said the conflict was reshaping the medium-term gas outlook, with tighter market conditions likely to persist longer than previously expected.

May 08 - Australia requires LNG exporters reserve 20% of gas for east coast market
The Australian government said on Thursday energy exporters must reserve 20% of their natural gas for the domestic market on the country's east coast to avert supply shortfalls and help lower energy bills. The scheme will apply from July next year and not affect existing contracts, the government said.

May 07 - Iran war lifts Asia-Pacific interest for Norwegian petroleum products, LNG, Equinor says
Equinor has seen a surge in interest for energy exports out of Norway from customers as far afield as Australia after the Iran war curbed exports of petroleum and liquefied natural gas from the Gulf, the energy group said on Wednesday. The conflict has effectively closed the Strait of Hormuz, a choke point for energy exports from producers in the Gulf, especially affecting clients in Asia. 

May 07 - Europe's solar glut shunts power system into tricky new transition phase
Europe's solar surge has become one of the continent's most visible energy transition success stories. But even the staunchest clean power advocates are now sensing there can be too much of a good thing. Solar power capacity has expanded far more quickly than any other power source in Europe so far this decade, surging by over 115% since 2020 and triggering a doubling in solar-powered electricity supplies flowing through regional grids.

May 06 - QatarEnergy extends force majeure on Edison LNG supply to early July
QatarEnergy has notified its biggest Italian customer, Edison, that it would cancel two additional liquefied natural gas cargoes, extending force majeure to early July, the Italian utility said on Tuesday. Edison, a unit of French energy group EDF, said in a statement that QatarEnergy would not deliver the two cargoes, on top of the 10 that have been cancelled since the start of the U.S.-Israeli war on Iran. 

May 06 - EU energy ministers to discuss domestic gas drilling, document says
European Union countries' energy ministers will take the unusual step of discussing domestic natural gas production next week, as governments seek ways to limit the economic impact of the Iran war, an internal document seen by Reuters showed. The EU relies on gas imports - which cover about 80% of its needs - and has been highly exposed to the surge in international energy prices after the Middle Eastern conflict has led to unprecedented disruption.

May 05 - Power suppliers hesitate as Venezuela seeks grid repairs without payment guarantees
When potential providers and financiers for Venezuela's electric industry, including Siemens Energy and GE Vernova, held meetings with officials in Caracas in April, questions of how they might get paid to shore up the country's deteriorated grid were top of mind, two sources involved in the talks said. Those executives came away hesitant, the sources said, as the nation tries to jumpstart a $100 billion reconstruction plan pushed by Washington. 

May 05 - Iran war gives small boost to thermal coal, further gains possible: Russell
Seaborne thermal coal prices in Asia rallied in the wake of the U.S. and Israeli war against Iran, but the gains are modest and nowhere near the size seen during the crisis created by Russia's invasion of Ukraine. This may seem counter-intuitive at first glance, given that thermal coal is an alternative to liquefied natural gas for electricity generation, and about 20% of global supply of the super-chilled fuel has been lost with the effective closure of the Strait of Hormuz. 

May 04 - US LNG exports to Asia surged in April as Middle East conflict curtailed supply
U.S. exports of liquefied natural gas to Asia jumped in April, with American producers helping offset reduced supplies from Middle Eastern exporters as the Iran war curtailed output in the region, preliminary ship-tracking data from financial firm LSEG showed. Nearly a quarter of all U.S. LNG exports went to Asia during the month, marking a sharp increase since the conflict began in late February and underscoring the growing role of the U.S. as a swing supplier amid elevated prices and strained global gas flows.

May 04 - While Asia and Europe scramble for natural gas, the US glut has nowhere to go
The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf. In West Texas, gas is so abundant that some producers must pay to have it taken away. The war and Iran's attacks on Gulf energy producers have halted 20% of global liquefied natural gas supply.

May 01 - Woodside struggles to sell LNG volumes at Louisiana LNG plant, sources say
Australia's Woodside Energy is struggling to sell liquefied natural gas volumes from its planned Louisiana LNG export facility because it is seeking liquefaction fees above prevailing U.S. market rates, two people familiar with the matter told Reuters. The Australian energy producer has so far announced only one long-term sales and purchase agreement for the project, a deal with Germany’s Uniper covering up to 2 million metric tons per year. 

May 01 - Analysts cut EU carbon price forecasts on policy reforms
Analysts have significantly cut their forecasts for prices in the European Union's carbon market for the next couple of years, due to uncertainty over proposed policy changes and future supply levels. The EU's Emissions Trading System is Europe's main tool for curbing emissions. 

Apr 30 - Europe's energy crisis response avoids consumption curbs, for now
As the energy shock from the Iran war deepens, countries around the world from Australia to Egypt are looking to conserve fuel, be it through encouraging more remote work, limiting air travel, or promoting public transport.  But not – with a very few timid exceptions - in Europe. 

Apr 30 - Apollo, Blackstone and KKR vie for Shell stake in LNG Canada, sources say
Apollo Global Management, Blackstone and KKR are battling it out to acquire a significant stake in the mammoth LNG Canada project from energy major Shell, three people familiar with the matter said. The trio, among the world's largest asset management firms, are the remaining bidders in the auction process, run by Shell, which also garnered interest from other large money managers and infrastructure investors.

Apr 29 - BP quarterly profit beats expectations at $3.2 billion, driven by Iran war trading boon
BP's first-quarter profit more than doubled year-on-year to $3.2 billion - its highest since 2023 - the British oil major reported on Tuesday, beating expectations by 20% after the Iran war boosted its oil trading results. Its customers and products business, which includes oil trading operations, recorded profit before interest and tax of $3.2 billion, its highest level since the 2022 Russian invasion of Ukraine, beating an average analyst estimate of $2.5 billion.

Apr 29 - EDF delays decision on Edison stake sale as Middle East conflict disrupts LNG supply, sources say
French utility EDF has pushed back any decision on the sale of a stake in its Italian unit Edison as the war in Iran has disrupted liquefied natural gas supplies from Qatar that Edison imports, four people with knowledge of the matter said. EDF has been working with advisers since October to assess options on Edison, including the sale of a minority stake to a financial partner and an initial public offering, as France looks to raise funds for greater investment in nuclear reactors.

Apr 28 - ADNOC LNG tanker crosses Strait of Hormuz for first time since Iran war, ship-tracking data shows
A liquefied natural gas tanker managed by UAE's ADNOC has crossed the Strait of Hormuz and appears to be near India, ship-tracking data showed on Monday. The 136,357-cubic-meter tanker, which is managed by Adnoc Logistics & Services and was last seen in the Gulf on March 30, has shown up off the west coast of India, suggesting it has crossed the Strait of Hormuz after several weeks without signal, according to data from ICIS LNG Edge, Marine Traffic and LSEG.

Apr 28 - LNG tanker orders gain pace despite mixed outlook from Iran war
Global orders to build liquefied natural gas carriers are set to rebound this year after a 2025 slump as growing LNG output and vessel fuel efficiency drive demand, industry executives and analysts say. The rise in orders is offsetting concerns that supply disruptions from the U.S.-Iran war may reduce near-term shipping demand and pressure freight rates.

Apr 27 - Middle East conflict could cause 120 bcm of LNG supply loss from 2026-2030, IEA says
The Middle East conflict could result in the loss of around 120 billion cubic metres of cumulative liquefied natural gas supply between 2026 and 2030, or 15% of expected global supply, due to short-term disruptions to flows and slower capacity growth, the International Energy Agency said on Friday. The loss will ultimately be offset by the starting of new liquefaction facilities but the impact on growth will be mostly this year and next and will therefore delay the effects of an expected wave of LNG supply from new projects, the IEA said in its quarterly natural gas outlook. 

Apr 27 - US exporters are plugging a Qatar-sized LNG supply hole - for now: Maguire
U.S. LNG exporters have so far offset the drop in shipments from Qatar following Iranian attacks on its facilities and the closure of key Middle East shipping lanes, ensuring that total supplies remain at record highs despite the war. The on-again, off-again peace talks with Iran mean that the repair of damaged Qatari liquefied natural gas export sites remains a distant prospect, and could result in a years-long dent to supplies from the world's third-largest producer. 

Apr 24 - EU not on track to fill gas storage 90% before winter
European Union countries are set to fall short of the bloc’s requirement to fill gas storage to 90% of capacity before next winter, because of the Iran war’s disruption to global fuel markets, the European energy regulators' agency ACER said on Thursday. Countries should be able to reach a lower 80% filling level - a flexibility the EU rules allow in difficult market conditions, ACER said. 

Apr 24 - China's LNG imports plunge, helping Asia adjust to Iran war losses: Russell
Asia's imports of liquefied natural gas are poised to drop to the lowest in nearly six years in April as the effective closure of the Strait of Hormuz cuts off cargoes from major supplier Qatar. Despite the loss of volumes it could be argued that Asia's LNG markets are being more successful in adjusting to the fallout from the U.S. and Israeli attacks on Iran than those for crude oil and refined products.

Apr 23 - EU aims to ease energy blow from Iran war with tax cuts, gas coordination
The European Commission set out plans on Wednesday to cut electricity taxes and coordinate the summer refill of countries' gas storage, as it seeks to cushion the energy fallout from the Iran war. The published plans show the EU will, for now, avoid major market interventions such as capping gas prices or taxing energy companies' windfall profits - measures it used in 2022 when Russia cut gas supplies and prices hit record highs.

Apr 23 - Iran war revives European rooftop solar demand to cut energy bills
Demand for rooftop solar systems across Europe has surged since the start of the Iran war, as households rush to shield themselves from soaring power prices triggered by the worst global energy disruption in history. The conflict has pushed oil, gas and electricity prices sharply higher, hitting companies and households alike and accelerating efforts to find cheaper alternatives and reduce exposure to volatile energy markets.

Apr 22 - War in Iran is causing biggest energy crisis in history, IEA says
The conflict between Iran and the United States and Israel is creating the worst energy crisis ever faced by the world, the head of the International Energy Agency said on Tuesday. "The crisis is already huge, if you combine the effects of the petrol crisis and the gas crisis with Russia," Birol said.

Apr 22 - US judge blocks Trump administration actions stymieing wind, solar projects
A federal judge on Tuesday blocked President Donald Trump's administration from enforcing a series of permitting policies that wind and solar energy industry groups say have stymied the development of new energy generation projects. Chief U.S. District Judge Denise Casper in Boston issued a preliminary injunction sought by nine advocacy groups and industry trade associations that argued the administration had imposed unlawful roadblocks that have halted the development of wind and solar energy projects nationwide.

Apr 21 - Singapore GasCo secures extra LNG cargoes, eyes term deals despite war volatility
Singapore's state gas buyer GasCo has secured additional cargoes of liquefied natural gas to offset supply shortfalls triggered by the U.S.-Israel war on Iran, and plans to seek long-term supply deals this year, despite market volatility. The city-state, which relies on gas to generate 95% of its electricity has been importing increasing volumes of LNG, reaching 5.93 million tons last year, Kpler data shows, nearly half of it shipped from Qatar.

Apr 21 - UK accelerates clean energy to protect against fossil fuel price shocks
Britain set out plans to weaken the link between its cost of electricity and volatile gas prices, saying it would seek to force older renewable energy generators onto fixed contracts in a bid to bring down consumer bills. Britain has some of the highest electricity prices in the world due to the structure of its energy market which means gas sets the price for all generation most of the time, pushing up bills that weigh on households and damage industrial competitiveness.

Apr 20 - US energy chief says gas prices could stay above $3 per gallon until next year
U.S. Energy Secretary Chris Wright said on Sunday he believes gas prices have peaked but predicted that they may stay above $3 per gallon until next year. Gas prices have risen during the U.S. and Israeli war on Iran and Iranian attacks on nearby countries, creating political headwinds for President Donald Trump ahead of the November midterm elections, where his Republican Party will defend slim majorities in the Senate and House of Representatives.

Apr 20 - Turkey says Iran gas pipeline contract nearing expiry, no talks yet on extension
Turkey's long-term contract for importing natural gas from Iran is due to expire in the coming months, and the two countries could hold talks on a possible extension, though no negotiations are under way yet, Turkey's energy minister said on Saturday. The agreement, due to expire in July, provides for delivery of 9.6 billion cubic metres of gas a year, but actual flows have often fallen short. 

Apr 17 - Exxon withdraws offer to sell two initial Golden Pass LNG cargoes, sources say
Exxon Mobil has withdrawn an offer to sell two initial cargoes of liquefied natural gas from its Golden Pass export plant in Texas that's been in the process of starting up operations, two people familiar with the decision said on Thursday. The sources did not give a reason for the withdrawal, but the plant has been running at around a third of its capacity since it began production late last month.

Apr 17 - Britain to scrap carbon tax on electricity generation as pressure mounts on bills
Britain's carbon tax on electricity generation will be scrapped from April 2028, the government said on Thursday as it seeks to curb electricity prices for households and businesses. Domestic energy prices are expected to soar from July following wholesale energy prices which have risen due to the Iran conflict and as the regulator's price cap enters a new pricing quarter from July to September.

Apr 16 - European buyers hold talks to ship Canadian LNG via Panama Canal to diversify supply
European buyers, including Germany's Uniper, are exploring the possibility of purchasing liquefied natural gas from Canada's Pacific coast and shipping it through the Panama Canal as part of a long-term strategy to diversify supply, an effort made more urgent in the wake of the Iran war, two sources familiar with the matter said. Three sources said European buyers are among the potential customers that have had commercial talks with Canada's Ksi Lisims LNG, a proposed liquefied natural gas export terminal whose backers have been working to finalize contracts with purchasers before making an expected final investment decision this year.

Apr 16 - China solar makers say war-induced renewables demand won't fix overcapacity
Chinese solar manufacturers say any boost to global demand for renewable energy from the oil supply shock caused by the Iran war is unlikely to significantly ease the industry's overcapacity, leaving producers worried about their survival. The solar industry is widely seen as one of the sectors most affected by overcapacity - an endemic problem in the Chinese economy, which has fuelled a record trade surplus but weighed on manufacturers' profits and fuelled diplomatic tensions.

Apr 15 - War spurs EU plan for electricity tax cuts, faster shift from fossil fuels, draft shows
The European Union plans to reduce electricity taxes and expand clean technologies faster to cut consumers' exposure to soaring oil and gas prices, as part of its plan to offset the Iran war's energy impact, a draft document showed. The draft European Commission proposal, due to be published on 22 April, sets out short-term measures aimed at curbing energy bills, as well as plans to wean Europe off fossil fuels faster, to protect the continent from future oil and gas supply disruptions.

Apr 15 - US utilities increase spending plans to $1.5 trillion through 2030, research report says
U.S. electric utilities expect to spend $1.4-1.5 trillion on power lines and other infrastructure-related costs over the next five years, raising concerns about rising power bills ahead for American homes and businesses, according to research released on Tuesday. Utilities' five-year capital expenditure plans rose 20% from last year's reported plans, said PowerLines, a nonprofit that advocates for utility reform, which authored the report.

Apr 14 - Japan's greenhouse gas emissions fell to record low in FY2024
Japan's greenhouse gas emissions fell by 1.9% in fiscal 2024, which ended in March 2025, government data showed, the third straight annual fall and the lowest since records began on lower manufacturing energy use and greater use of renewable and nuclear power. Japan's GHG emissions totalled 1.046 billion metric tons of carbon dioxide equivalent in fiscal 2024, down from 1.067 billion tons a year earlier, environment ministry data showed.

Apr 14 - Britain will have enough energy this summer despite Iran turmoil, grid operators say
Britain will have enough gas and electricity supply this summer, the country’s network operators said, despite declining domestic gas production and fears over energy supplies from the Middle East. Domestic gas supply from the UK Continental Shelf is expected to be 6% lower than last summer, at 13.1 billion cubic metres, reflecting years of declining North Sea output.

Apr 13 - How the AI boom derailed clean air efforts in one of America's most polluted cities
Trump’s rollbacks in support of AI mark a reversal in U.S. environmental policy and a painful truth for America's clean air activists: After years pushing coal toward the exits, the rise of power-hungry data centers has nudged the country's most polluting power source back to the stage. Reuters interviewed 20 air quality activists and health advocates for this story and found all had identified the AI boom - and the policies supporting it - as the biggest potential threat to U.S. air quality due to its need for power, including from dirty sources like coal.

Apr 13 - Big Tech puts financial heft behind next-gen nuclear power as AI demand surges
Big Tech is reshaping the funding landscape for new nuclear technologies as it seeks to bolster electricity supply for power-hungry AI data centers, inking deals that offer nuclear companies both funding and a clearer path to making money. Several U.S. firms are developing new modular reactors that are smaller, more advanced and scalable than conventional nuclear plants. But none have begun commercial electricity production yet as projects face challenges such as financing constraints and first-of-its-kind risks.

Apr 10 - Shell seeks to begin gas output at massive Venezuela-Trinidad Loran Manatee field next year
Energy producer Shell plans to begin natural gas output in 2027 from the Loran-Manatee offshore field, which crosses the border of Venezuela and Trinidad and Tobago the chairman of Trinidad's National Gas Company, Gerald Ramdeen, told Reuters on Thursday. Shell is moving to accelerate gas projects in Venezuela under interim President Delcy Rodriguez's administration, particularly those with Trinidad, which needs fresh gas supplies to feed liquefied natural gas and petrochemical projects.

Apr 10 - Orsted CEO eyes boost to European offshore wind from energy crunch
The Middle East war is giving fresh momentum to Europe's push for energy independence and bolstering the case for offshore wind farm developments, the CEO of Denmark's Orsted said on Thursday. Europe, a major importer of fossil fuels, has seen energy prices soar in recent weeks as the U.S.-Israeli war on Iran, and Teheran's blockage of shipments through the Strait of Hormuz, led to a worldwide scramble for oil and natural gas.

Apr 09 - Iran ceasefire eases fears but LNG sector left scarred, industry executive says
A Middle East ceasefire signals de-escalation, but the conflict has scarred the global LNG industry, denting confidence in Gulf suppliers and raising doubts among Asian buyers, particularly poorer countries, over the fuel’s reliability and affordability, a top industry executive said. LNG prices have, as of last week, soared over 80% since the U.S. and Israel launched strikes on Iran on February 28, closing the Strait of Hormuz, a narrow waterway that normally carries about a fifth of global LNG supplies, to most ships.

Apr 09 - QatarEnergy preparing for LNG production startup, sources say
QatarEnergy is preparing to restart liquefied natural gas (LNG) production, two sources with knowledge of the matter told Reuters on Wednesday. In March, QatarEnergy halted production of LNG and associated products due to military attacks on facilities in Ras Laffan and Mesaieed.

Apr 08 - US natgas output to hit record high in 2026, while demand declines, EIA says
U.S. natural gas output will rise to a record high in 2026, while demand will decline, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook on Tuesday. EIA projected dry gas production will rise from a record 107.7 billion cubic feet per day (bcfd) in 2025 to 109.6 bcfd in 2026 and 112.6 bcfd in 2027.

Apr 08 - Freeport LNG seeks approval to demolish obsolete import facilities in Texas
Freeport LNG has asked U.S. regulators for permission to demolish facilities in Texas that were previously used to import liquefied natural gas, according to a regulatory filing. While the U.S. was once a major importer of the fuel, the shale revolution transformed the domestic gas market and turned the country into the world's largest LNG exporter. Freeport has not imported LNG since 2011.

Apr 07 - Iran halts two Qatar LNG tankers it previously cleared to transit Strait of Hormuz, source says
Iran's Revolutionary Guards halted two Qatar liquefied natural gas tankers that had been heading towards the Strait of Hormuz on Monday morning and instructed them to hold position without explanation, a source told Reuters on Monday. Iran had permitted the vessels to transit the strait under an agreement reached with the United States last week via Pakistani mediation, said the source who had been briefed on the agreement and spoke on condition of anonymity.

Apr 07 - Europe gas underprices Hormuz disruption risk, China demand masks impact, Goldman says
European gas prices may be underestimating the risks from ongoing Liquefied Natural Gas (LNG) supply disruptions through the Strait of Hormuz, with resilient imports and weak Asian demand masking the impact for now, Goldman Sachs said in a note dated April 2. European natural gas markets are pricing a lower-than-expected risk premium even as ~19% of global LNG supply (80 mtpa) remains disrupted via the Strait of Hormuz, including lasting damage to some Qatari output, Goldman said.

Apr 06 - Italy to get LNG from QatarEnergy-Exxon's US Golden Pass from June, sources say
Italy will begin receiving liquefied natural gas (LNG) from the Golden Pass LNG facility in the United States, a joint venture between QatarEnergy and Exxon Mobil, from June, two sources familiar with the matter told Reuters. The LNG tankers from the United States will help Italy plug a potentially costly supply gap due to disruptions from Qatar linked to the U.S.-Israeli war against Iran, the sources with knowledge of the LNG market said.

Apr 06 - Five EU countries call for windfall tax on energy companies
Five European Union countries are calling for a windfall tax on energy companies' profits in reaction to rising fuel prices due to the Iran war, according to a letter from finance ministers to the EU Commission seen by Reuters on Saturday. The finance ministers of Germany, Italy, Spain, Portugal and Austria made the joint call for an EU-wide tax in a letter dated Friday. Such a measure could help fund relief for consumers in the face of high energy prices and be a signal that "we stand united and are able to take action", they said. 

Apr 02 - US LNG exports break record high as Middle East war disrupts global supply
U.S. exports of liquefied natural gas rose to an all time high in March as plants ran above nameplate capacity and new units started up, preliminary data from financial firm LSEG showed. Shipments to Asia more than doubled from the previous month amid the ongoing conflict in the Middle East that has roiled energy markets and taken nearly 20% of global LNG supply offline, forcing customers who depended on cargoes that transited the Strait of Hormuz to try and find alternatives. 

Apr 02 - In tight global market, well-positioned China resells record LNG volumes
Chinese firms are reselling record volumes of LNG, cashing in on soaring spot prices as China has enough domestic and pipeline gas to meet its own weakened demand, in stark contrast to other Asian buyers scrambling to replace supplies cut off by the Iran war. The world's top importer of liquefied natural gas, China reloaded 8 to 10 cargoes in March, its highest monthly total on record, according to analytics firms ICIS, Kpler and Vortexa.

Apr 01 - Renewables grew to almost 50% of global electricity capacity in 2025 after solar boost
Renewable power made up almost 50% of the world’s electricity capacity last year after a record increase in solar installations, data from the International Renewable Energy Agency shared exclusively with Reuters showed on Tuesday.  As the Middle Eastern conflict has led to record monthly gains on oil markets, some in industry have lobbied for more investment in fossil fuels, but countries with higher renewable capacity have been insulated from the market shock, some analysts say.

Apr 01 - Iran war is both a boost and a threat to Australia's LNG: Russell
The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas, providing a boost to producers outside the Middle East that will likely last long after the current conflict ends. One of the major beneficiaries is Australia, which last year slipped to the third-largest exporter of the super-chilled fuel behind the United States and Qatar.

Mar 31 - Gas majors warn Australia against taxing LNG windfall profits
Gas majors including Shell and Chevron warned Australia against introducing a windfall tax on gas exporters, saying it would deter investment and undermine energy security as LNG prices surge amid disruption caused by the Iran war. Australia became the world's second-largest LNG supplier after Iranian strikes forced Qatar to halt production, with its export revenue set to surge due to lower supply caused by the conflict.

Mar 31 - Exxon and QatarEnergy's joint venture Golden Pass produces first LNG at new Texas facility
Golden Pass LNG, a joint venture between QatarEnergy and Exxon Mobil, has produced its first liquefied natural gas at its new facility in Texas, the company said on Monday, a major step toward bringing one of the largest U.S. export projects online. The plant is expected to export its first cargo in the second quarter, Exxon said on Monday.

Mar 30 - Russia's options to reroute LNG from Europe limited by high shipping costs, contract structure
Russia's threat to halt liquefied natural gas (LNG) deliveries to Europe and divert cargoes to Asia would prove difficult to achieve because of its long-term contracts and need for more Arctic-class tankers, industry analysts said. President Vladimir Putin said in a TV interview early in March that Russia could stop gas supplies to Europe with immediate effect and seek longer-term commitments from other buyers.

Mar 30 - Oil, gas exploration is back: Energy giants hunt to replenish reserves
Global energy companies are getting back to basics and focusing on the hunt for new sources of oil and gas, executives declared at the CERAWeek conference in Houston this week, ending years of underinvestment in exploration. In recent years, the shale revolution in the U.S. promised abundant, flexible supply, while growth in renewable resources like wind and solar raised doubts about long term oil demand.

Mar 27 - Iran war seen boosting renewable energy investment with focus on security, not climate
Energy security concerns that once limited investment in renewable energy could now accelerate its development more than worries about climate change, executives said at the CERAWeek conference in Houston, as oil and gas supplies face a fresh wave of uncertainty due to the war with Iran. The U.S.-Israeli war on Iran has removed millions of barrels per day of oil from the global market, driving energy prices to multi-year highs and causing fuel shortages in countries reliant on oil and gas flowing through the Strait of Hormuz.

Mar 27 - Stressed US grid forcing data centers to get more flexible
The U.S. technology industry is being pushed to shrink its power use in times of high demand, amid growing public concern that Big Tech's massive electricity needs for its expansion of data centers are maxing out the country's grid. The power industry and its regulators are increasingly urging tech companies to make what was once an unthinkable concession - scaling back energy consumption at the giant server farms known as data centers when called upon by utilities and grid operators.

Mar 26 - France's hydrogen ace card - The French connection ( Hydrogen Economist )

The Middle East energy shock has highlighted the value of France’s unique potential to deploy nuclear-powered electrolysers. The European Commission quietly waved through France’s latest low-carbon hydrogen subsidy plans with a low-key announcement in late March, as the energy shock sparked by the escalating conflict in the Middle East threatened to tip global economies into recession. 
 
Under the plans, the French government will use public funds to subsidise the deployment of 1GW of electrolysis capacity through a series competitive tenders. As a first step, developers will be invited to bid for about €800b ($927b) of subsidies to support the deployment development of 200MW of capacity. The subsidies will be in the form of fixed payments of a 15-year period. 
 
Nothing remarkable here. The scheme is broadly in line with those of other European governments and is designed to help deliver against a 2030 capacity target of 4.5GW, rising to 8GW by 2035. 
 
However, the French government has an ace up its sleeve in the form of a cheap, carbon-free generation source that has started to look more attractive the longer the crisis in the Middle East drags on: nuclear power. 
 
France relies on nuclear for roughly 70% of its power, making it the world’s leading generator. The government is committed to building new reactors and extending the life of some existing plants. 
 
For electrolytic hydrogen production, nuclear offers round-the-clock baseload power without the need for storage or back-up from flexible gas-fired generators, as is the case with renewable-powered production. 
 
The French government is aware of the opportunity and is understood to be keen on developing nuclear-powered, or ‘pink’, hydrogen production at scale, assuming it can square ‘pink’ with the EU’s overly-complex definitions of ‘green’. Green hydrogen is still very much on the agenda, with the government pursuing ambitious expansion targets for wind and solar power. 
 
The nuclear strategy is not risk free. Hydrogen projects face fierce competition for nuclear power from multiple other offtakers as France pushes ahead with widespread electrification of its economy, while a sizeable chunk of the nuclear output is exported to European neighbours. 
 
In addition, datacentres are driving up power demand in most developed economies, including France. 
 
The performance of France’s ageing reactors is also a concern, with protracted outages often lowering the nuclear fleet’s output significantly. The government is also pursuing ambitious expansion targets for wind and solar power. 
 
Nuclear renaissance
Still, France’s nuclear legacy can potentially give it an advantage over rival hydrogen producers. Pink hydrogen may well gain serious traction in the wake of the Middle East crisis as nuclear enjoys a post-war renaissance while governments redouble their efforts to move away from fossil fuels. 
 
Even before the war in Iran, investment in nuclear—especially small modular reactors—as gathering pace as hyperscalers seek access to carbon-free baseload power. 
 
Contrast the French position with that of neighbouring Germany.

The German government started phasing out nuclear power in response to the Fukushima disaster in Japan in 2011, a decision that is increasingly being questioned as crude and gas prices surge. The country has built out its renewables capacity rapidly but still relies on imported gas for about a quarter of its power generation, a setup that left it seriously exposed to the 2022 Ukraine energy crisis. In response, it turned to imported LNG, a solution that looks significantly more expensive than it did just a month ago thanks to the second major energy crisis in four years.

Mar 26 - Iran war damage to Qatar hits global LNG outlook, upends Asia demand growth
The Iran war is upending the global LNG outlook as soaring prices, damage to major supplier Qatar's export infrastructure and potential delays to new supply raise doubts about previously expected demand from price-sensitive Asian buyers. Before the war, analysts expected global liquefied natural gas supply to rise as much as 10% this year to between 460 million and 484 million metric tons as new capacity, mainly in the U.S. and Qatar, came online, with demand forecast to grow in tandem.

Mar 26 - Shares of Western gas exporters reap war windfall as Qatar flows dry up
Shares in Western gas suppliers and traders have emerged as beneficiaries of the U.S.-Israeli war on Iran, as investors expect companies with supply routes that bypass the Middle East to reap a windfall from high energy prices. U.S. liquefied natural gas exporter Venture Global has been a standout, with its shares surging over 70% since the conflict began, outperforming other global energy stocks, as the jump in natural gas prices has outpaced the rally in oil.

Mar 25 - Which firms will clean up after the Iran war is finally over? : Maguire
When the missiles and drones eventually stop flying in the U.S.-Israeli air strikes against Iran, a new contest is likely to get underway: the scramble for contracts to rebuild damaged oil and gas infrastructure and restore shipping lanes - and influence - across the Middle East. The destruction is not confined to Iran. At least 40 energy assets across nine countries in the Middle East have been "severely or very severely" damaged, with oil and gas fields, refineries and pipelines all expected to take some time to repair, the International Energy Agency head Fatih Birol warned on Monday.

Mar 25 - India delays coal flexibility plan as solar power curbs rise, document shows
India has pushed back by a year its plan for coal-fired power plants to lower output when solar generation is high, as regulators work out how to compensate for the higher costs of retrofitting entailed, documents reviewed by Reuters show. Analysts say lack of flexible generation of coal power as India expands renewable capacity threatens to waste green investments, swell compensation costs and boost emissions from greater coal use that could otherwise have been avoided.

Mar 24 - Iran war deals harder blow to natural gas than oil: Maguire
At first glance, the Iran war appears to be hitting oil and gas with equal force, as missiles, drone strikes and shipping disruptions choke flows through the Strait of Hormuz. But beneath that surface symmetry lies a critical imbalance. The global gas supply chain has fewer rerouting options and less storage capacity than the oil market - making the fallout for gas consumers considerably more acute.

Mar 24 - Investors bet Iran war will boost Chinese renewables demand
Investors are rushing into Chinese renewable stocks, betting the oil shock triggered by the Iran war will boost global demand for green energy, a sector China dominates. Such a portfolio trend in Asia, spurred by heightened worries about energy security and growing distrust in the U.S.'s reliability, contrasts with a shift in the United States back toward oil and gas.

Mar 24 - REUTERS TECHNICAL ANALYSIS Q2 OUTLOOK 2026 - WANG TAO

Brent crude and WTI may rise toward their 2022 highs, while palm oil to climb toward its 2024 high.  Spot gold would keep reversing its long-term uptrend. LME copper to fall toward $10,935. Aluminium remains bullish. Soybeans are likely to retreat. Corn and wheat are riding steady uptrend. Coffee and cocoa may bounce further. The U.S. dollar index targets 103-104 range. To read the full report, click here

Mar 23 - Iran threatens to strike Gulf power plants after Trump ultimatum
Iran will attack Israel's power plants and plants supplying U.S. bases in the Gulf if President Donald Trump carries out his threat to "obliterate" Iran's power network, the country's Revolutionary Guards said in a statement. The statement seemingly retracted earlier threats to desalination plants in the region, which are crucial for providing drinking water in Gulf countries.

Mar 23 - India confident of meeting summer power demand despite Middle East gas shock
India does not expect the Middle East crisis to affect its ability to meet soaring power demand this summer, as the country has lined up coal and renewable capacity to make up for any gas supply issues, a senior government official said on Saturday. Although gas accounts for only around 2% of India's total power generation, the South Asian country uses about 8 gigawatts (GW) of gas power during peak-demand periods or heat waves.

Mar 20 - Natural gas prices soar as Iran, Israel strike Middle East energy infrastructure
Natural gas prices in Europe surged as much as 35% on Thursday as Iranian and Israeli strikes targeted some of the Middle East's most important gas infrastructure, doing damage that will likely take years to repair. The strikes on energy facilities since the onset of the U.S. and Israeli war on Iran have brought to life some of the energy industry's worst fears - that a conflict in the region will leave long-term damage and shortages in global energy supplies. 

Mar 20 - Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says
Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy's CEO and state minister for energy affairs told Reuters on Thursday. Saad al-Kaabi said two of Qatar's 14 LNG trains and one of its two gas-to-liquids facilities were damaged in the unprecedented strikes. The repairs will sideline 12.8 million tons per year of LNG for three to five years, he said in an interview.

Mar 19 - Qatar says Iran attacked LNG hub; UAE shuts gas facilities
Qatar's state oil giant QatarEnergy said on Wednesday that Iranian missile attacks on Ras Laffan, the site of the country's core LNG processing operations, caused "extensive damage", while the UAE shut gas facilities after intercepting missiles early on Thursday. The attacks, which drew a furious response from U.S. President Donald Trump, came hours after Iran issued evacuation warnings for several oil facilities across Saudi Arabia, the UAE and Qatar, following strikes on its own energy infrastructure in South Pars and Asaluyeh. 

Mar 19 - Iran war fallout lands hardest on Europe's most gas dependent nations: Maguire
Electricity prices in Eastern Europe and Italy have climbed faster than other parts of the continent so far in 2026, suggesting that Europe's most gas-dependent economies have been among the hardest hit so far from the ongoing U.S.-Israeli war on Iran. Average wholesale electricity prices in Hungary, Italy and Romania so far in 2026 have all climbed by at least 12% from last year's average levels, data from energy data portal electricity maps shows. 

Mar 18 - Asia pivots to coal as Middle East conflict chokes LNG supply
Asian utilities are boosting coal-fired power generation to cut costs and safeguard energy supply, industry officials say, as the U.S.-Israeli war on Iran chokes liquefied natural gas (LNG) shipments and soaring prices threaten to suppress LNG demand. Asia spot LNG prices have doubled to three-year highs in the second major supply shock in four years, as shipping through the Strait of Hormuz has all but stopped and No.2 global exporter Qatar has halted shipments. 

Mar 18 - EU's Kallas rejects Belgian PM's call to normalise Moscow ties, get cheap Russian energy
European Union foreign policy chief Kaja Kallas pushed back on Tuesday against a call by Belgian Prime Minister Bart De Wever to normalise relations with Moscow and regain access to cheap Russian energy. De Wever's comments, in an interview with Belgian newspaper L'Echo, run counter to official EU policies to maintain a hard line against Moscow over its invasion of Ukraine and phase out the use of Russian fossil fuels.

Mar 17 - The spectre of a European gas price cap returns (Petroleum Economist)
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs.

The EU is once more considering a cap on gas prices in response to the Hormuz blockade, with analysts warning the measure would prove harmful, as it could prevent the bloc from attracting additional LNG cargoes as it faces fierce competition from buyers in Asia. Iran’s blockade of Hormuz and Qatar’s subsequent force majeure on deliveries from its production base at Ras Laffan have triggered a spike in European gas prices, with the TTF front-month contract averaging €56/MWh ($64.5/MWh) on 9 March. It subsequently subsided, with trading closing at €50.6/MWh on 12 March. 

Mar 17 - Shell says global LNG demand to rise at least 54% by 2040
Global demand for liquefied natural gas is estimated to rise by 54-68% by 2040 and 45-85% by 2050 from 422 million metric tons in 2025, boosted by growing Asian appetite for the fuel, Shell, the world's biggest LNG trader, said on Monday. A year ago, Shell said global demand for LNG was expected to rise to between 630 million and 718 million metric tons a year by 2040. 

Mar 17 - UAE suspends Shah gas field operations after drone attack
Operations at the United Arab Emirates' Shah gas field remained suspended following a drone attack, while a fresh attack caused a fire in the Fujairah Oil Industry Zone. No injuries were reported in either incident, the local media offices said.

Mar 16 - Japan's JERA hedges growing Middle East risks by seeking more LNG supply
Japan's biggest liquefied natural gas buyer, JERA, has started talks for potential additional purchases with global suppliers to hedge against Middle East supply worsening further, even as a major LNG exporter said the price spike was short-lived. Some 20% of global LNG supply is offline as the U.S.-Israeli war on Iran has shut QatarEnergy LNG facilities, disrupting energy supplies from the Middle East. 

Mar 16 - South Korea to lift coal cap, boost nuclear output amid Iran crisis, ruling party says
South Korea's ruling Democratic Party said on Monday that the government will lift limits on coal-fired power generation capacity and raise nuclear power plant utilisation to as high as 80% as part of an energy response to the Middle East crisis. Lawmakers in the party's Middle East crisis economic response task force said in a briefing the measures are aimed at stabilising energy supply and prices as oil and gas shipments to South Korea have been blocked by tensions in the Strait of Hormuz.

Mar 13 - US power demand surge from data centers could lift fossil fuel generation, EIA says
U.S. fossil fuel generation could rise over the next two years as surging electricity consumption from data centers tightens power supplies, the U.S. Energy Information Administration said in an analysis on Thursday. The EIA noted that U.S. electricity demand has been growing at an annual rate of 1.7% since 2020, following more than a decade of flat growth, driven primarily by the expansion of large-scale computing facilities. 

Mar 13 - EU to soften gas authorisation rules to help secure supplies, diplomats say
The European Commission will instruct governments to be flexible in enforcing EU rules on gas imports, diplomats told Reuters on Thursday, a move likely to benefit imports from Azerbaijan. The Commission plans to issue guidance before March 18 on how to apply rules within the European Union law to phase out Russian gas, the diplomats said.

Mar 12 - Asia LNG scramble pulls cargoes from Europe; one US shipment switches destination to China
Asia's scramble for LNG to replace output cut off by war in the Middle East is drawing more cargoes away from Europe, with at least one U.S. shipment switching its destination to China, which would end a year-long halt in such imports due to tariffs. The conflict that began with U.S.-Israeli attacks on Iran on February 28 has halted traffic through the Strait of Hormuz, disrupting supply from Qatar - the second-biggest LNG exporter after the U.S. - causing buyers to compete for spare cargoes. 

Mar 12 - Is Europe's gas demand recovery derailed or just dented by Iran crisis?: Maguire
Most of Europe's largest natural gas consumers cranked gas-fired power production to multi-year highs in early 2026, raising hopes among liquefied natural gas (LNG) exporters that the region was regaining its taste for the fuel. However, a major slowdown in gas consumption is evident so far in March, with average gas generation levels across key consumers dropping by around a third from the month before.

Mar 11 - US natgas output to hit record high in 2026, while demand declines, EIA says
U.S. natural gas output will rise to a record high in 2026, while demand will decline, the U.S. Energy Information Administration said in its short-term energy outlook on Tuesday. EIA projected dry gas production will rise from a record 107.7 billion cubic feet per day (bcfd) in 2025 to 109.5 bcfd in 2026 and 112.3 bcfd in 2027. 

Mar 11 - Reducing Europe's nuclear energy sector was 'strategic mistake', EU chief says
Reducing Europe's nuclear energy sector was a "strategic mistake", European Commission chief Ursula von der Leyen said on Tuesday, as governments grapple with an energy crunch from the Iran war. Europe produced around a third of electricity from nuclear power in 1990 but that has fallen to 15%, she told an event in Paris, leaving it reliant on oil and gas imports whose prices have surged in recent days.

Mar 10 - Quality is key as some coal rallies amid LNG's spike on Iran war: Russell
The surge in the spot price of liquefied natural gas (LNG) has dragged seaborne thermal coal prices higher, but only for the higher quality grades that can substitute for natural gas in power generation. The spot price of LNG in Asia more than doubled last week as the market digested the loss of nearly 20% of the global supply of the super-chilled fuel after the U.S. and Israeli strikes on Iran effectively closed the Strait of Hormuz, shutting off Qatar's LNG. 

Mar 10 - Venture Global pledges on-time LNG deliveries amid Middle East conflict
U.S. liquefied natural gas developer Venture Global LNG has told customers of its Plaquemines export plant under development in Louisiana that it will start delivering contracted cargoes on schedule and at the already-agreed-upon prices, according to a letter seen by Reuters. The Virginia-based company wrote on Friday to buyers of Plaquemines Phase 1 - which include British major Shell and Poland’s Orlen - and said it remains committed to beginning long term deliveries from October 31 despite a surge in global gas prices because of the U.S.-Israeli war on Iran. 

Mar 09 - Tracking LNG flows as key global gas prices go haywire: Maguire
The sudden stoppage of LNG exports from Qatar - the world's second-largest exporter in 2025 - has sent natural gas prices soaring by 50% from year-ago levels across Europe and Asia and has prompted panicked buyers to seek out replacement cargoes. However, a shortage of available vessels and limited spare liquefaction capacity is restricting the number of liquefied natural gas cargoes available for immediate delivery to either region, and is likely to keep gas prices elevated for some time. 

Mar 09 - EU looks to soften energy bill pressures for industry, document shows
The European Union is examining energy taxes, network charges and carbon costs as possible areas for short-term measures to ease pressure on industries hit by high energy prices, a document seen by Reuters showed. Brussels is looking for quick fixes after companies warned they cannot compete with rivals in China and the U.S. - even before this week's surge in oil and gas prices sparked by the U.S.-Israeli war on Iran.

Mar 05 - Europe faces gas storage scramble as Iran conflict tightens supply
Europe's already huge task of refilling gas storage for next winter has suddenly become far riskier and far more expensive, as fallout from the U.S.-Israel war on Iran disrupts LNG production and shipments, tightening supply and sending prices soaring. Gas storage allows Europe to meet winter heating and power demand, underpinning the region's energy security. 

Mar 05 - U.S., Australia can do little to replace lost Qatari LNG cargoes
Companies in the United States and Australia, two of the top global liquefied natural gas producers, have little spare capacity to offset lost supply after Qatar halted production and declared force majeure on shipments due to the conflict in the Middle East, according to Reuters calculations and industry analysts. Qatar supplies around 20% of the world's LNG but stopped production this week because it is unable to send tankers full of the super-chilled gas through the Strait of Hormuz.

Mar 04 - Asia scrambles for LNG as Qatar halts output due to Iran war
India began rationing natural gas on Tuesday while countries around Asia looked to the spot market to replace supplies, activated emergency plans and prepared to step up production, as the conflict in the Middle East curtailed shipping and halted Qatari output. Government officials and company executives in Japan, Taiwan, Bangladesh and Pakistan said they did not expect an immediate impact as some cargoes due this month had already arrived, but they would diversify their import sources and buy liquefied natural gas (LNG) from the spot market if the war drags on. 

Mar 04 - Japanese utilities boost LNG reserves, METI sees no calls for emergency supply yet
Major Japanese utilities increased their liquefied natural gas stockpiles by 10% to 2.19 million metric tons last week, the Ministry of Economy, Trade and Industry (METI) said on Wednesday, adding that there were no calls so far for emergency supplies. The LNG stockpiles of utilities in Japan, the world's second-biggest LNG buyer, are equal to around 12 days of domestic use for the week that ended on March 1. 

Mar 03 - Qatar LNG, Saudi refinery, Israeli oil, gas fields down due to Mideast strikes
Qatar halted its production of liquefied natural gas on Monday, as Iran continued to strike Gulf countries in retaliation for Israeli and U.S. strikes against it, prompting precautionary shutdowns of oil and gas facilities across the Middle East. Qatari LNG production is equivalent to about 20% of global supply and plays a major role in balancing both Asian and European markets' demand for the fuel. 

Mar 03 - Europe's skimpy gas storage under scrutiny as Qatar halts LNG flows: Maguire
The historically low levels of gas inventories across Europe could quickly become a major liability for utilities and industry across the region following the halting of LNG exports by world's third-largest producer Qatar. A combination of new gas storage rules, high natural gas prices, above-normal winter temperatures and subdued regional economic activity prompted Europe's gas storage operators to deplete stockpiles to well below normal this winter. 

Mar 02 - Saudi Aramco bringing shale gas revolution to Arabian Desert
The shale revolution that made the United States the world's top oil producer is taking shape in the Arabian Desert. Deep in the sands southeast of Saudi Arabia's giant Ghawar oilfield, state oil company Aramco is pushing ahead with a natural gas megaproject that could boost the kingdom’s revenues by billions of dollars in the coming years. 

Mar 02 - India seeks to cut power sector coal imports by 30% this year, sources say
India, the world's second-largest importer of thermal coal, wants to cut those imports for power plants by at least 30%, asking them to test increased blending with domestic coal, government and industry officials familiar with the plan said. India's power plants used nearly 50 million tons of imported coal in 2025 from countries like Indonesia, South Africa and Russia.

Feb 27 - Aramco cancels Juaymah LPG deliveries through March for repairs, traders say
Saudi Aramco's Juaymah liquefied petroleum gas export terminal is expected to be offline for repairs for at least a month after an outage this week forced the cancellation of cargoes through March, traders said on Thursday. The lengthy outage at Juaymah, one of the world's largest LPG export terminals, is expected to tighten propane and butane availability in Asia and has driven up prices at a time of high demand for the heating, cooking and petrochemical feedstock fuels.

Feb 27 - Italy's Eni beats profit forecast on strong upstream business
Italian energy group Eni beat forecasts on Thursday with a 35% year-on-year jump in fourth-quarter adjusted earnings, driven by a strong performance in its exploration and production division and improved refining results. Adjusted net profit came in at 1.2 billion euros between October and December, beating an analysts' consensus forecast of 960 million euros compiled by the company.

Feb 26 - Asia prices of LPG, naphtha jump after Saudi terminal outage
Prices of liquefied petroleum gas and naphtha jumped in Asia after Saudi Aramco halted exports from a key terminal, disrupting supplies to the region, according to trade sources and LSEG data. On Wednesday, Saudi Aramco said it halted LPG exports this week from its eastern terminal of Juaymah, one of the world's largest exporters of propane and butane, after structural damage on February 23 to a part of its delivery system. 

Feb 26 - Southern Co gets largest-ever US energy department loan
The U.S. Energy Department said on Wednesday it has offered a $26.54 billion loan to subsidiaries of Southern Co to increase power grid reliability, the largest ever such financing by its loan office. The financing will save power customers in Georgia and Alabama more than $7 billion, the department said, as electricity bills rise on demand from the boom in AI data centers, cryptocurrencies, and electrification of transportation. 

Feb 25 - US AI boom faces electric shock: Bousso
Big Tech’s race to dominate artificial intelligence may soon hit a nasty road bump as U.S. electricity grids struggle to keep pace with the big-spending hyperscalers. America’s technology giants, including Microsoft, Amazon, Alphabet and Meta, have in recent months announced plans to spend over $600 billion on AI in 2026 alone. The investment wave has already fuelled unease among some investors about the profitability of this strategy.

Feb 25 - AI-fuelled optimism meets policy risks for European clean energy stocks
Investors in European clean-energy producers are bracing for fresh turbulence as a months-long rally, fuelled by hopes of AI-driven power demand, collides with a resurgence of policy risk. The sector had surged on bets that data-centre expansion would finally revive electricity use after years of stagnation, echoing trends in the U.S., where renewables have shifted from a subsidies-led market to one driven by firm demand. 

Feb 24 - US power plants may avert retirement in 2026, EIA says
U.S. power plants scheduled to be retired in 2026 could stay online longer, the Department of Energy's research arm said on Monday, building on a trend that began last year as electricity use and prices hit record levels in some parts of the country. Across the U.S., some 11 gigawatts of power-generating capacity had been expected to shut this year, according to the Energy Information Administration. Nearly 60% of that is coal-fired power and the rest is natural gas-fired, the EIA said in its research.

Feb 24 - Enel eyes US acquisitions, vows to up investor reward in its strategy
Enel is interested in acquiring renewable assets in the U.S., the CEO of the Italian power utility said on Monday, adding the development of artificial intelligence was expected to boost energy demand in North America. "We plan to focus M&A on brownfield assets," Enel's Flavio Cattaneo said, referring to plants already running or with their approval process completed.

Feb 23 - US LNG export surge and soft China demand meet record European imports: Russell
Spot prices for liquefied natural gas (LNG) in Asia have drifted lower despite solid demand in the top-consuming region and record imports by Europe. Throw in tensions in the Middle East and the threat to shipments from Qatar, the second-biggest exporter behind the United States, and the relaxed spot price seems incongruous.

Feb 23 - Trump EPA to weaken rule limiting harmful mercury, air toxins from coal plants
The Trump administration announced on Friday it will roll back clean air regulations limiting mercury and hazardous toxins from power plants, saying it will boost baseload energy, while public health groups warn it will harm America's most vulnerable. President Donald Trump's Environmental Protection Agency has said that easing the pollution standards would alleviate costs for utilities that run older coal plants at a time when demand for power is soaring amid the expansion of data centers used for artificial intelligence.

Feb 19 - Austria eyes renewables, African gas to cut US LNG dependence, junior minister says
Austria is seeking to expand renewable energy and increase gas imports from Africa to avoid becoming overly dependent on U.S. liquefied natural gas as Europe reshapes its energy supply, the country's junior energy minister told Reuters on Wednesday. European countries are wrestling with how to keep electricity prices affordable as the European Union phases out Russian gas by 2027 in response to Moscow's 2022 invasion of Ukraine. 

Feb 19 - Canada to boost investments in Ukraine's energy sector
Canada will step up support to Ukraine's energy sector, working with industry to supply oil and gas equipment on favourable terms and boost renewable energy investments, the two governments said on Wednesday. Russia has targeted power stations, electricity transmission lines and gas facilities as part of its full-scale invasion of Ukraine, which began in February 2022. 

Feb 18 - Trump says Japan to invest in energy, industrial projects in Ohio, Texas and Georgia
President Donald Trump's administration on Tuesday announced three projects valued at $36 billion to be financed by Japan, including an oil export facility in Texas, an industrial diamonds plant in Georgia and a natural gas power plant in Ohio. The projects are the first investments under Japan's $550 billion U.S. investment pledge as part of a trade deal that cut Trump's tariffs on Japanese imports to 15%, Trump said on Truth Social. He gave few details about the projects.

Feb 18 - Booming LNG exports may get dragged into US cost-of-living debate: Maguire
U.S. exporters of LNG consumed more natural gas than both households and commercial businesses last year, tightening U.S. gas supplies and putting the LNG export boom squarely in the frame of discussions surrounding rising U.S. energy costs. Liquefied natural gas exporters gobbled up a record 5,000 billion cubic feet of natural gas during January to November of 2025, the latest data from the U.S. Energy Information Administration shows.

Feb 17 - Chevron-led consortium signs contracts for gas exploration off Greece
A consortium led by U.S. oil major Chevron signed exclusive lease agreements on Monday to look for natural gas off southern Greece, expanding the United States' presence in the eastern Mediterranean. The deal doubles the amount of Greek maritime acreage available for exploration and is the second in months involving a U.S. energy major as the European Union seeks to phase out supplies from Russia and the U.S. seeks to replace them.

Feb 17 - Vitol backs proposed $3 billion LNG power plant for South Africa's Durban port
Global commodity trader Vitol is backing a consortium planning to build a $3 billion gas-fired power station and liquefied natural gas import facility at South Africa's east coast Durban port, a company spokesperson said. South Africa sees gas as crucial for its efforts to move away from coal-fired power plants which supply most of the electricity to Africa's most industrialised economy, while Vitol wants a foothold in a market targeting 16 gigawatts of new gas generation by 2039. 

Feb 16 - France aims to boost decarbonised power production by 20% over decade, encourage demand
France will seek to boost electricity production from nuclear and renewables by 20% over the next decade, and will publish an electrification plan soon to help drive the move away from fossil fuels, Finance Minister Roland Lescure said on Friday. Answering questions about the country's newly published energy planning law, Lescure said he would meet with industry leaders to discuss support measures for electric vehicles and other electrification subsidies for inclusion in the 2027 budget.

Feb 16 - China's epic renewables boom lifts it into rare clean capacity club: Maguire
The world's top polluter crossed a critical energy transition threshold in 2025 by deploying more clean power capacity than fossil fuel generation capacity for the first time. China had 1,494 gigawatts of clean power generation capacity in operation in 2025, compared to 1,420 GW of capacity fueled by coal, natural gas and other fossil fuels, data from Global Energy Monitor shows.

Feb 13 - India will buy US LNG if offered at reasonable price, Petronet CEO says
India will buy U.S. liquefied natural gas if it is offered at reasonable rates, the head of the country's top gas importer Petronet LNG said on Thursday, as New Delhi looks to boost imports from Washington. U.S. President Donald Trump last week said he will slash tariffs on imported Indian goods to 18% from 50%, easing concerns in India, but in exchange asked New Delhi to more than double its annual imports from the United States.

Feb 13 - Australian uranium miners in Namibia bullish on outlook as prices surge
Australian miner Paladin Energy is on track to complete the ramp up of its Langer Heinrich uranium mine in Namibia to reach maximum output from July as higher prices help to accelerate mining investment, its chief executive said on Thursday. Spurred by a global push for nuclear energy and a potential supply shortfall for the critical mineral, uranium prices surged to a two-year high of $101 a pound in January before settling down to hover between $85-$90 a pound.

Feb 12 - Libya awards new oil, gas blocks to Chevron, Eni, others in first licensing round since 2007
Libya on Wednesday awarded oil and gas exploration blocks to foreign oil companies, including Chevron, Eni, QatarEnergy and Repsol, in its first licensing round in nearly two decades as it seeks to revitalise the sector despite ongoing political division. The National Oil Corporation (NOC) announced the winners of its first bid round since 2007, allocating key acreage across the onshore Sirte and Murzuq basins and offshore blocks in the Sirte basin of the gas-rich Mediterranean.

Feb 12 - Industry steps up pressure on EU to cut energy prices
Top business leaders urged the European Union on Wednesday to act urgently to bring down energy prices, saying that was key for European industries to compete with the U.S. and China. The industries' message was timed to land just before EU leaders gather in a Belgian castle on Thursday for an informal "retreat" to thrash out a plan for how Europe can compete economically with China and the U.S.

Feb 11 - China's 2026 coal output set for slowest growth this decade despite lower imports
China's coal output is expected to rise 35 million metric tons to 4.86 billion tons in 2026, a major coal industry group said on Tuesday, the slowest pace this decade despite projections of a second consecutive fall in annual imports due to top supplier Indonesia halting spot exports. Production by the world's biggest producer, consumer and importer of coal is set to rise 0.7% this year, while imports are set to fall 5.1% to 465 million tons, China Coal Transportation and Distribution Association (CCTD) said.

Feb 11 - Europe's low snow cover sets the stage for even higher gas burn: Maguire
Europe's appetite for natural gas could climb more steeply than expected this year after skimpy snow coverage across key mountainous regions ate into hydropower production potential. Snow coverage in key parts of Italy and Austria is well below normal so far in 2026, resulting in a steep drop in the main source of fuel for hydropower plants in those regions.

Feb 10 - Shell needs big discovery or deals as oil, gas reserves dwindle
Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 barrels of oil equivalent per day by 2035 due to maturing fields unable to meet its output targets, the company and analysts say. For years, oil majors have been restrained in topping up reserves, mindful that a swift industry transition to other sources of energy could curtail oil and gas demand.

Feb 10 - Australia's renewables boom delivers coveted power price payoff: Maguire
Australia's wholesale electricity prices fell to the lowest in four years in 2025, bucking the rising price trends seen elsewhere and validating claims that renewables-heavy power system overhauls can help lower consumer power costs. Increased battery storage capacity and solar farms should allow utilities to limit operating costs, with those savings potentially passing through to households and businesses as soon as this year.

Feb 10 - India's sponge iron boom rides to rescue South African coal: Russell
Finding bullish exporters of thermal coal has been tricky of late given soft prices, lower demand from heavyweight buyers China and India, and for Indonesian miners an additional headache of uncertainty over government policy. But there is one group of coal exporters that seem quite ebullient. South Africa's miners are looking forward to increased demand from their top buyer India as well as improving rail infrastructure that will allow for higher volumes.

Feb 09 - Greek joint venture seeks 20-year US LNG deal to strengthen Southern Europe’s gas supply
Atlantic Sea LNG Trade, a joint venture between Greece's gas supplier DEPA and construction group Aktor, is in talks to secure up to 15 billion cubic meters (bcm) of U.S. liquefied natural gas (LNG) annually for 20 years to supply southern Europe, its CEO told Reuters. The talks come as Greece seeks to bolster its role as a transit route for gas into Europe and as the continent prepares to halt Russian gas imports by late 2027, intensifying competition for long term LNG supply and increasing pressure on governments to avoid being caught short.

Feb 09 - Williams weighs buying gas-producing assets to enhance AI energy supply to hyperscalers, sources say
Williams Companies is exploring buying natural gas production in the United States, a rare foray for an energy infrastructure operator, as it aims to secure natural gas supplies to support its one-stop-shop offering to hyperscalers and data center clients, three people familiar with the matter said. The Tulsa, Oklahoma-based firm has spent the last year positioning itself as a leader in providing energy to companies building out artificial intelligence infrastructure, supplementing its traditional pipeline business with new power generation capabilities.

Feb 06 - Vaca Muerta expected to lift Argentina energy surplus to new record in 2026
Argentina could surpass last year's record energy trade surplus in 2026, supported by infrastructure that has improved the country's capacity to ship oil and gas from the Vaca Muerta shale formation, analysts said. The 2026 energy trade surplus could range from $8.5 billion to $10 billion, and would depend mainly on oil production, three analysts told Reuters. 

Feb 06 - EU weighing options to support industry in carbon market overhaul
The European Commission is looking at various ways to support industries in an upcoming overhaul of the EU carbon market to prevent them moving to areas with lower pollution standards, the head of the Commission’s climate department said late on Wednesday. Brussels is preparing a redesign of the European Union carbon market, the bloc's most important climate change policy, which forces power plants and industries to buy permits when they emit planet-heating carbon dioxide.

Feb 05 - Serbia seeks EU gas deals as it reduces Russian supplies, says President Vucic
Serbia is diversifying its energy supply away from Russia and is already in talks to buy natural gas via a European Union purchasing mechanism, President Aleksandar Vucic said on Wednesday in an interview with Reuters. The Balkan country, which wants to join the EU, is one of Europe's few remaining buyers of Russian natural gas - over 80% of its supplies come from there. 

Feb 05 - Japan-Qatar gas tie-up highlights global push for energy security: Bousso
Qatar's long-term deal to supply Japan's power giant JERA with liquefied natural gas highlights two key themes in the red-hot market for this super-chilled fuel: the race to gain market share and the global push for energy security. Qatar's national oil and gas company QatarEnergy on Tuesday signed a deal to supply JERA, Japan's largest power generator, with 3 million tons per year (mtpa) of LNG over 27 years, starting in 2028.

Feb 04 - Eni sees 2026 LNG market 'finely balanced' on thin supply, Asian demand
The global liquefied natural gas (LNG) market is expected to stay finely balanced this year as thin supply buffers, low European inventories and recovering Asian demand leave little room for unexpected weather shocks, an Eni executive said. "Europe has very low storages, and we need to refill it in the summer," Cristian Signoretto, director for global gas & LNG portfolio at Italian energy major Eni told Reuters.

Feb 04 - Indonesian miners halt spot coal exports over proposal to cut output
Indonesian miners have halted spot coal exports after the government proposed deep production cuts, leaving Asian buyers unable to secure supplies from the world's largest exporter, industry officials said on Tuesday. Indonesia last month issued output quotas to major miners that were 40% to 70% lower than 2025 levels as part of a plan to cut production by nearly one quarter and boost prices. The country's main industry body has opposed the move, warning it could trigger layoffs and mine closures.

Feb 04 - Peak coal may be elusive, but peak seaborne coal is here: Russell
The headline news that global coal demand reached a record high in 2025 masks some important underlying shifts in how the fuel is being produced, traded and used. The trend of coal production, shipping and demand shifting toward Asia has been in place for decades, but 2025 saw a shift insofar as less coal was shipped around the region even as more of the fuel associated with climate change was consumed.

Feb 03 - AI power needs may turn LNG glut to gap by 2030, says Qatar Energy CEO
Growing electricity demand from AI and data centres, together with rising fuel use in Asia and European gas needs could turn an expected global liquefied natural gas supply glut into a shortage by 2030, Qatar Energy CEO Saad al-Kaabi said on Monday. LNG coming online between 2026 and 2029 has raised concerns of a supply glut that could depress prices, with projects like Golden Pass LNG on the U.S. Gulf Coast and Qatar's North Field Expansion expected to contribute sizeable volumes.

Feb 03 - Indonesia coal miners warn of layoffs, economic risks over proposed output cuts
Indonesia's coal mining association (ICMA) has objected to steep production cuts for 2026 proposed by the government, saying the move could trigger mass layoffs and harm the mining industry. Most members of the association, which represents companies producing two-thirds of Indonesia's coal, received output quotas 40%-70% lower than 2025 levels, ICMA said in a January 31 letter to energy and mineral resources minister, Bahlil Lahadalia.

Feb 02 - Rising oil, gas and LNG demand draws global traders to India
A rare combination of rising fuel demand and expanding refining capacity is drawing global commodity traders to India, with firms such as Trafigura seeking long-term partnerships with state oil companies. As consumption growth slows in most major economies, trading firm executives told the India Energy Week conference that they see opportunities across crude, refined fuels and liquefied natural gas.

Feb 02 - Canada, Australia LNG cargoes head to the Atlantic in rare move after Arctic storm
At least three liquefied natural gas (LNG) cargoes loaded in Australia and Canada are heading toward Europe and the Americas instead of their usual destination, Asia, after an Arctic storm curbed exports from the U.S., shiptracking data showed. The diversion of supply away from Asia could tighten supply and support spot LNG prices in the region.