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Energy sector

  • Friday, 16 January, 2026
    Oil & Gas industry
    Buffett-backed Japanese trading house to buy US gas producer for $7.5bn

    Mitsubishi Corporation’s purchase of Aethon will bolster its gas portfolio as energy demand soars due to AI

    2 hours ago
    Signage with the Mitsubishi logo and Japanese text outside the Mitsubishi Corp head office in Tokyo.
  • Friday, 16 January, 2026
    Electric power
    Trump calls for emergency energy auction to make tech giants pay for AI power

    President urges nation’s largest grid operator to have data centre companies bid for contracts to build power plants

    High voltage power lines and transmission towers stretch across the sky above dense vegetation with clouds in the background.
  • Friday, 16 January, 2026
    Oil & Gas industry
    Trump’s first Venezuela oil sale deal goes to megadonor’s company

    Senior Vitol trader met US president at White House last week and gave millions of dollars to his re-election campaign

    John Addison speaks into a microphone while Bryan Sheffield listens with arms crossed during a meeting
  • Thursday, 15 January, 2026
    Oil
    Oil prices tumble as fears of US action in Iran ease

    Brent crude falls more than 4% as oversupply fears return

    Aerial view of a large green tanker connected to unloading pipes at a crude oil terminal dock in China
  • Thursday, 15 January, 2026
    Richard Ollington
    Small nuclear reactors are worth the wait

    Compared to other clean energy sources, the value of SMRs lies in scale not speed

    A modern, angular building with a steep roof and large glass facade stands in a snowy landscape with mountains in the background.
  • Thursday, 15 January, 2026
    Energy Source
    Halliburton expects speedy return to Venezuela and plays down risks

    The US oil services company could be active in the country within ‘months’, its CEO says

    Premium content
    A sculpture of a large hand holding an oil drilling rig stands outside the PDVSA headquarters in Caracas, with city buildings in the background.
  • Thursday, 15 January, 2026
    Utilities
    South East Water faces Ofwat investigation as outages continue

    Regulator to review utility’s customer service performance with Kent and Sussex homes still lacking supplies

    South East Water staff in high-visibility jackets distribute bottled water to drivers in the rain at a water station.
  • Thursday, 15 January, 2026
    News in-depthCoal
    China pushes coal-fired power projects alongside renewables

    Vast majority of 104 electricity-generating units set to start operation worldwide this year are in China

    Cooling towers and a smokestack emit steam and smoke at Wujing Power Station, with a bridge and surveillance camera in the foreground.
  • Thursday, 15 January, 2026
    Mining
    Rio Tinto and BHP team up for iron ore savings in Australia

    Collaboration comes against backdrop of pricing pressure from China and rival sources of supply

    Two large mining trucks drive on a dusty red dirt road at the Gudai-Darri iron ore mine in Western Australia.
  • Wednesday, 14 January, 2026
    LexWind power
    Offshore wind’s fickle fortunes may finally be turning

    There is comfort that a price exists where developers make money and British consumers are at least no worse off

    Premium content
    Five offshore wind turbines with yellow bases stand in blue ocean waters at the Ørsted Block Island Wind Farm.
  • Wednesday, 14 January, 2026
    UK energy
    Record UK offshore wind auction boosts plan to decarbonise by 2030

    Government increases prices to encourage bids from developers

    Rows of offshore wind turbines in the North Sea with multiple Union Jack flags in the foreground.
  • Wednesday, 14 January, 2026
    Moral Money
    China’s mighty green tech sector still has stubborn weak points

    Trade tensions highlight reliance on imported components and minerals

    Premium content
    Workers watch as a large cylindrical component is moved on the back of a truck
  • Wednesday, 14 January, 2026
    SLB
    World’s largest oilfield services company to pounce on Trump’s Venezuela opening

    Shares in the world’s largest oilfield services company have risen by 14% since US capture of Nicolás Maduro

    El Palito refinery with several tall smokestacks emitting light smoke under a clear blue sky. Power lines run across the foreground.
  • Wednesday, 14 January, 2026
    BP PLC
    BP takes $4bn-$5bn hit on green energy business

    UK oil major suffers latest setback as it tries to pivot back to fossil fuels

    A person holds a green fuel pump while refuelling a vehicle, with the BP logo in the background.
  • Wednesday, 14 January, 2026
    Nuclear energy
    European nuclear start-ups shift focus to US in search for funding

    American investors galvanised by possibilities of technology they hope can power expected AI boom 

    Two workers wearing ‘newcleo’ shirts and safety gear inspect equipment in an industrial facility filled with pipes and metal tanks.
  • Wednesday, 14 January, 2026
    Basic resources
    China’s state iron ore buyer flexes muscles in talks with global miners

    Australian producer Fortescue says China Mineral Resources Group is ‘key risk’ for market as Beijing seeks more leverage

    Aerial view of cargo ships docked at Qingdao Port as cranes unload iron ore onto large, colourful stockpiles at the terminal.
  • Tuesday, 13 January, 2026
    Utilities
    South East Water bosses recalled by MPs over outage

    About 25,000 properties remain without water in Kent after new supply issues

    Workers in high-visibility jackets distribute packs of bottled water to people in cars, with pallets of bottled water stacked in the background.
  • Tuesday, 13 January, 2026
    Microsoft Corp
    Microsoft vows to ‘pay its way’ as it seeks to defuse data centre backlash

    Soaring electricity demand from AI has become political issue for Big Tech and the Trump administration

    A large Microsoft data centre is shown next to a suburban neighbourhood with rows of houses and autumn foliage.
  • Tuesday, 13 January, 2026
    Energy Source
    Do not wait around for nuclear fusion

    Industry is sceptical that the technology will be commercially viable anytime soon

    Premium content
    Workers assemble a large toroidal field magnet on an orange frame at Commonwealth Fusion Systems, with one person in safety goggles and gloves working in the foreground.
  • Tuesday, 13 January, 2026
    Ørsted AS
    Ørsted shares rally after US court lifts block on key wind farm project

    Danish company says ruling will allow work on Revolution Wind to restart immediately

    Five offshore wind turbines with yellow bases stand in the ocean near Block Island, Rhode Island.
  • Tuesday, 13 January, 2026
    The Big Read
    How the west fell behind in the green tech race

    European companies pioneered much of the technology used in renewables, but have they left it too late to compete with China?

    Wind turbines stand on the mountain peak at Niushou Mountain Wind Farm in Qingtongxia City, Ningxia Hui Autonomous Region, China
  • Monday, 12 January, 2026
    Industrial metals
    Italian steel plant demands €7bn in damages from ArcelorMittal

    State-appointed administrators file complaint to Milan court about ‘mismanagement’ of the Taranto site by former owner

    The Arcelor Mittal Italia steel plant in Taranto with multiple smokestacks, industrial buildings, and cranes under a clear sky
  • Monday, 12 January, 2026
    Copper
    In charts: why Rio Tinto and Glencore are in talks about a megamerger

    The proposed $260bn tie-up would create the world’s biggest copper producer at a time of soaring demand for the metal

    A dump truck drives along a terraced ramp in an open pit mine, overlaid with a blue fluctuating line chart
  • Monday, 12 January, 2026
    Renewable energy
    Wind chiefs warn of global ‘spillover’ from Trump’s green crackdown

    US suspension of offshore renewable projects adds to market uncertainty

    Two Vestas wind turbines with orange-tipped blades stand against a cloudy blue sky at a wind farm.
  • Monday, 12 January, 2026
    Oil & Gas industry
    Trump threatens to block Exxon from Venezuela

    US president attacks oil major’s chief executive over his scepticism about investing in South American country

    Darren Woods sits among oil executives, looking toward Donald Trump during a meeting in the White House East Room.
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Most Read

  1. Trump’s first Venezuela oil sale deal goes to megadonor’s company
  2. Small nuclear reactors are worth the wait
  3. Oil prices tumble as fears of US action in Iran ease
  4. Trump calls for emergency energy auction to make tech giants pay for AI power
  5. BP takes $4bn-$5bn hit on green energy business

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