The IEA’s November Oil Market Report, published Friday, says global balances point to a surplus in the fourth quarter of 2026. European diesel is still about 77% above pre-war levels, and U.S. pump diesel is still above $6 a gallon. The International Energy Agency said Friday the global oil market is swinging back to a […]
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The award is smaller than some of Hyosung’s earlier 2026 utility mega-deals, but it is strategically important: hyperscalers are now buying grid hardware directly, and Hyosung is one of the few firms that can deliver 765 kV equipment from a U.S. factory. The split is ₩220 billion of 765 kV transformers for the southern site […]
Continue ReadingSaudi Arabia, the world’s oil titan, is leveraging its vast petroleum wealth to fuel an ambitious pivot toward artificial intelligence (AI) and technological innovation. As part of its Vision 2030 initiative, the Kingdom aims to diversify its economy, reduce oil dependency, and position itself as a global AI powerhouse. This transformation hinges on massive investments […]
Continue ReadingDaily Standup Top Stories Ukraine’s MHP delivers first bio-LNG supplies to EU May 13, 2025 Mariel Alumit ENB Pub Note: I added overall market context on the bio-LNG markets Bio-LNG (liquefied biomethane) is a renewable fuel derived from organic waste, such as agricultural residues, household waste, and industrial byproducts. Its production and […] Equinor could axe wind […]
Continue ReadingStay up to date on all things energy by visiting the TEA Newsroom. America needs Affordable, Reliable, Clean energy security. Granholm warns that cutting EV tax credit would help China. Banning natural gas development would be catastrophic to Pa. Why oil companies are walking back from green energy. Huge power plant eyed to run mystery Louisiana data center. The trillion-dollar question that’s disrupting COP29. Opinion: Trump can topple the […]
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