Daily Standup Top Stories High Energy Costs Push UK Industry to the Brink September 1, 2025 Clark Savage This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes that have ranked the country among the top five with the most expensive electricity in the world. But […] The UK Energy […]
In an era where energy demands are skyrocketing and climate change is reshaping weather patterns, Norway stands as a prime example of the vulnerabilities inherent in over-reliance on a single energy source. As Europe’s hydropower giant, Norway has long exported its abundant clean electricity to neighbors like the UK and other EU countries. However, a […]
In a display of enduring alliance, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi convened at the Shanghai Cooperation Organisation (SCO) summit in Tianjin, China, on September 1, 2025. Their meeting, marked by a warm hug and an impromptu hour-long car ride together, underscores a commitment to business and cooperation in key sectors […]
In the pursuit of a net-zero future, the United Kingdom has embarked on a path that reeks of hypocrisy: aggressively taxing its oil and gas sector while simultaneously relying on it to prop up the economy. The Labour government’s recent hikes to the Energy Profits Levy (EPL)—now at a staggering 78% headline rate—exemplify this contradiction, […]
This week saw yet another hike in Britain’s electricity price cap—the latest in a string of hikes that have ranked the country among the top five with the most expensive electricity in the world. But there is a bigger problem: the country is the undisputed leader in industrial electricity prices in the world. And that […]
“Global LNG freight rates softened this week, with Spark30S (Atlantic) priced $34,350 per day and Spark25S (Pacific) at $33,500 per day,” Spark’s commercial analyst, Max Glen-Doepel, told LNG Prime on Friday. Last week, Spark30S (Atlantic) rates were $36,500 per day and Spark25S (Pacific) rates $35,000 per day. In Europe, the SparkNWE DES LNG decreased compared to last […]
In a bold move that could reshape the UK’s energy landscape, Conservative Party leader Kemi Badenoch has vowed to scrap net zero requirements for oil and gas extraction in the North Sea, prioritizing maximum fossil fuel production to boost economic growth and energy security. Speaking ahead of a planned address in Aberdeen, Badenoch declared that […]
In the ongoing battle for America’s energy future, a shadowy network of dark money is empowering Democratic-aligned environmental groups to thwart President Donald Trump’s push for energy dominance. This web of funding, with deep ties to former President Barack Obama and prominent Democrats, is not just a national phenomenon—it’s infiltrating state-level policies in places like […]
In the first half of 2025, China has ramped up its coal power infrastructure at a pace not seen in nearly a decade, commissioning 21 gigawatts (GW) of new capacity amid ongoing efforts to balance energy security with its green transition goals. This surge comes as the nation continues to dominate global coal demand, with […]
In a stunning reversal that underscores the pitfalls of California’s aggressive green energy agenda, the state’s plan to cap refiner profits—a measure signed into law by Governor Gavin Newsom in 2023—has been delayed by five years. This decision, set for a vote by the California Energy Commission, represents a major win for the oil industry […]
