Report: US solar installations will drop by 2025 as a result of Trump's policies.
A study released on Tuesday showed that the U.S. market for solar energy added fewer installations in 2025 than the previous year. This is due to the fact that President Donald 'Trump' scrapped tax breaks and subsidies for renewable energy developers. According to a report by Wood Mackenzie and the Solar Energy Industries Association, 43 gigawatts of new solar capacity was installed in 2018. This compares to 50 GW in 2020. Report: The One Big Beautiful Bill Act of the Obama administration has caused a disruption in the solar industry…
Oil and Gas Industry urge EU to stop methane emission law
Oil and gas companies warned that the European Union's methane emission law could disrupt Europe’s fuel imports if it is implemented next year. The?industry's call comes after the U.S. The?government asked the EU to exempt U.S. gas and oil from the rules. Brussels has offered more flexible options for companies to comply with the rules, but refused to rollback this policy. It is a key pillar in its climate strategy. A study commissioned…
EUROPE GAS - European gas prices rise as Qatar stops LNG production
Benchmark Dutch and British wholesale?gas?prices rose by almost 50% Monday after a major LNG exporter, Qatar Energy, announced that it had stopped production due to the attacks in Middle East. Qatar is soon to become the second largest LNG exporter in the world after the United States. It plays a significant role in balancing the demand for LNG on both the Asian and European market. QatarEnergy, according to a source familiar with the situation, is preparing to declare force majeure for LNG shipments.
EUROPE GAS-European gas prices soar as Iran had conflict halts Qatar LNG output
The benchmark Dutch and British wholesale gas prices rose by nearly?50% after Qatar Energy, a major LNG exporter, announced that it had stopped production because of attacks in the Middle East. Qatar is soon to become the second largest LNG exporter in the world after the United States. It plays a significant role in balancing the demand for LNG on both the Asian and European market. Trade sources report that most tanker owners and oil majors…
EUROPE GAS - European gas prices rise on Middle East conflict
Prices for'standard' Dutch and British wholesale gas increased on Monday, after a flurry of energy shipments were suspended through the Strait of Hormuz due to the intensified attacks by Israel and Iran in the Middle East. Trade sources say that most tanker owners, oil companies and trading houses have stopped shipping crude oil, fuel, and LNG through the Strait of Hormuz after Tehran warned against it. Europe has increased its LNG imports in the last few years to replace Russian gas after Russia's invasion.
China's coal production in 2026 is expected to grow at the slowest pace this decade, despite lower imports
A major coal industry group announced?on? Tuesday that China's coal production is expected to increase by 35 million metric tones to 4.86 billion tons in 2026. This would be the slowest rate this decade, despite?projections? of a second consecutive drop in annual imports as a result of Indonesia, its top supplier, ceasing spot exports. China Coal Transportation and Distribution Association said that production by the world's largest producer…
Shell is in need of a big deal or discovery as its oil and gas reserves are dwindling
Shell and analysts agree that the company needs to find a way to increase production to compensate for an expected shortage of between 350,000 and 800,000 barrels equivalent to oil per day in 2035, due to mature fields that are unable to meet its output targets. Oil majors have resisted the urge to 'top up' their reserves for years. They were aware that a rapid transition from oil and gas to other energy sources could reduce demand.
US rooftop solar installers restructure, cut jobs as homeowner subsidies expire
Residential solar companies in the U.S. are preparing to see a sharp drop in their business after the expiration?of a federal tax credit which helped fuel more than a decade's rapid growth. This has led to layoffs, reorganizations and even some company failures. Under President Donald Trump's new tax reform, the 30% federal income tax credits for homeowners who buy rooftop systems will expire at the end 2025. This has led to the most labor intensive segment of the solar sector contracting sharply…
US crude production still down by 500,000 barrels per day (bpd) from winter storm, according to consultancy estimates
According to Energy Aspects consultancy, around half a million barrels of crude oil per day or 0.5% of the global supply was offline in the United States on Thursday as an Arctic blast gripped large areas of the country in the aftermath of a weekend winter storm. This week, production outages in the U.S. as well as in Kazakhstan have led to an increase in U.S. benchmark oil futures to a five month high. On Thursday, oil prices rose by 3% due to fears that the U.S. would attack Iran.
US crude and natural gas production recovers after winter storms ravage output
U.S. crude and?natural-gas producers brought wells online on Wednesday following a severe storm that swept across the country at the weekend. The storm strained energy infrastructure and power systems. According to Energy Aspects consultancy, domestic crude production is down by around 600,000 barrels a day. This represents 4% of the total output. On Saturday, it was estimated that there had been a loss of up to 2 million barrels bpd.
Bousso: Trump offers US oil companies in Venezuela a poisoned cup
Donald Trump, the president of the United States, is offering U.S. companies an opportunity to revitalize Venezuela's vast and derelict petroleum industry. This is an offer that they might not want to accept. U.S. Representatives of the Trump administration will meet with oil executives this week to discuss increasing Venezuelan oil production. Monday is a holiday. Exxon Mobil and ConocoPhillips may find it attractive to tap Venezuela's…
Bousso: Trump offers US oil companies in Venezuela a poisoned cup
Donald Trump, the president of the United States, is offering U.S. companies an opportunity to revitalize Venezuela's vast and derelict petroleum industry. This is an offer that they might not want to accept. U.S. Representatives of the Trump Administration plan to meet with oil executives this week in order to discuss increasing Venezuelan oil production. Monday is a holiday. Exxon Mobil and ConocoPhillips may find it attractive to…
Japan will increase public funding for nuclear power renewal
Japan has announced plans to increase public funding for its crippled nucleopower sector. This is essential, say experts, to kick-start an industry that was previously financed by utilities owned by shareholders. Japan closed all 54 reactors in the wake of the 2011 Fukushima nuclear disaster. The public was concerned about safety standards and shut them down. Only 14 out of 33 reactors that were available to restart are operational due to stricter rules and in some cases opposition from locals.
Report: US solar installations up 49% in the third quarter
A study released by Wood Mackenzie and the Solar Energy Industries Association on Tuesday showed that the U.S. industry installed new solar capacity of 11.7 gigawatts in the third quarter. This represents a 49% increase. The report said solar accounted ?for ?58% of all new electricity-generating capacity added to the U.S. grid through the third quarter, with more than 30 GW installed. The report said that the rise in solar energy was a result of the One Big Beautiful Bill Act, which caused a disruption across the industry.
Wood Mackenzie warns that China's curtailment of renewable energy will present revenue risks over the next decade.
Wood Mackenzie, a consultancy, said that if renewable energy is curtailed to balance China's grid during times of low or high demand it will pose a risk to investor revenues over the next decade. Wood Mackenzie predicts that solar curtailment rates will average over 5% in 21 provinces within the next decade. According to the latest data from the National New Energy Consumption Monitoring and Early Warning Center, this is an increase from only 10 provinces that experienced the same level of curtailment from January to August last year.
BP confirms that the fire at Indiana oil refinery has been extinguished; multiple units are down
The company reported that a fire broke out at BP’s Whiting refinery, which produces 440,000 barrels of oil per day, on Friday morning. Gas prices in some parts of the Midwest skyrocketed after the fire at the U.S. Midwest's largest refinery. In an email, the company stated that there were no injuries and that it was an accident. The company did not go into detail about the incident. Two market sources cited data from Wood Mackenzie, which indicated that multiple units had been reported as offline.
As US onshore oil growth slows, will improved drilling boost Gulf of Mexico offshore oil production?
Analysts and consultants predict that offshore investment will continue to grow as new technology and more friendly regulations encourage investment. In recent years, the offshore oil and natural gas sector has been overshadowed by shale because it requires more upfront investment and years of construction. The entry costs for shale were lower and the returns faster, so the rapid expansion of shale led to the U.S. becoming the top oil producer in the world. The U.S.
Wood Mackenzie: New US community solar dropped by 36% after a record year in the first half of 2025
According to a report published on Tuesday by Wood Mackenzie, a consultancy, and the Coalition for Community Solar Access, U.S. solar community installations fell 36% in 2025's first half compared to the same period of last year. This follows a record 2024. In the first half 2025, 440 megawatts were added to the community solar capacity. This is down from the 683 megawatts that was added in 2024's first half. Last year, more than 1.8 gigawatts, the largest annual total ever, of community solar was added.
JERA in Talks to Buy $1.7b of US Natural Gas Assets
Japan's top power generator JERA is in advanced talks to buy natural gas production assets in the U.S. for around $1.7 billion, people familiar with the matter said, the latest example of the Asian nation investing in America's energy sector.JERA emerged as the top bidder for the assets owned by GEP Haynesville II, a joint venture between Blackstone-backed GeoSouthern Energy and pipeline operator Williams Companies, after banks solicited offers in recent weeks…
The US cuts to oil jobs and expenditure threaten the output growth
Due to the lower oil price and the largest consolidation in the last generation, the U.S. Oil industry has cut thousands of jobs and billions of dollars in spending. This could be the end of rapid growth in output that made the U.S. world's leading producer. Organization of the Petroleum Exporting Countries (OPEC) and its allies within the OPEC+ group of producers are increasing production to regain market share lost in recent years to the United States. OPEC+ decided on Sunday to increase production by 137,000 barrels a day from October.