France’s largest renewables project aims to deploy 1.5 GW of offshore wind capacity with a $5.2 billion investment. TotalEnergies has filed for regulatory approval to build a 1.5-gigawatt offshore wind farm off Normandy, requiring a $5.2 billion investment. The project, aw
Soaring freight rates prompt cancellations of US LPG cargoes High freight costs are forcing Asian buyers to cancel US liquefied petroleum gas cargoes. The Middle East supply crunch has led to a surge in freight rates, making it costly for buyers to ship LPG from ot
Electricity investments will account for $2.2 trillion of the total, while oil, gas, and coal draw $1.2 trillion amid shifting priorities. Global energy investment is projected to surge to $3.4 trillion this year, driven by responses to the second energy crisis in under fi
The deal covers 15% of Phase 1 output from one of the world’s largest heavy rare earth deposits, reducing U.S. reliance on China. REalloys (NASDAQ: ALOY) has signed a 15-year offtake agreement with Critical Metals Corp. (NASDAQ: CRML) for 15% of Phase 1 production from Gre
Germany’s day-ahead electricity prices soared by 29% on Wednesday as a heatwave across Europe boosted cooling demand while low wind speeds reduced wind power generation. The lower wind speeds and the resulting lower power output from wind turbines are raising the need to f
Commerzbank’s Barbara Lambrecht highlights that the global Copper market showed a large surplus in Q1 2026 as refined output surged, especially in China and the DR Congo. Demand grew less than 1%, but Lambrecht expects this to reverse, with stronger consumption and slower
UK energy prices will jump by 13% from July 1 after energy regulator Ofgem on Wednesday raised the price cap as a result of higher wholesale gas prices amid the Middle East crisis. The UK has a so-called Energy Price Cap in place, which protects households from excessively
LibertyStream targets lithium extraction from 20 million barrels of daily Permian Basin produced water to counter China’s dominance. A Texas-based firm plans to extract lithium from the 20 million barrels of produced water generated daily in the Permian Basin’s oil operati
Declining domestic production and stronger LNG demand lift benchmark U.S. natural gas prices 16% over the past month. U.S. natural gas prices climbed 5.1% to $3.06 per MMBtu in Tuesday’s session, extending a 16% monthly gain. The rally follows a drop in Lower 48 output to
Developers plan to bring approximately 44.9 billion cubic feet per day (Bcf/d) of new pipeline capacity online in the United States in 2026 and 2027, according to our latest Natural Gas Pipeline Projects Tracker. Approximately 70% (31.6 Bcf/d) of this new capacity is alrea
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