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Environment
Scientists say climate change is to blame for the sweltering World Cup.
According to the World Weather Attribution group, climate scientists, the use of fossil fuels has caused climate change that led to extreme heat and humidity. At least one World Cup match was deemed a danger zone. Saturday's match between?France? and Paraguay? is scheduled to begin at 5:00 pm. The temperature in Philadelphia is above FIFPRO's recommended safe playing temperatures. A heat dome has settled over the U.S. The U.S. National Weather Service has warned that the heat dome, a high pressure system that traps hot air below it, could cause heat indexes to reach 105-115 degrees Fahrenheit on parts of
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Mining
The weaker dollar and softer US rate hike bets have led to a rise in aluminium prices
The price of aluminium rose on Friday due to a weaker dollar, which eased concerns about an impending 'U.S. Interest rates are expected to rise following the release of softer than expected U.S. employment data. By 0700 GMT, the benchmark three-month 'aluminum on the London Metal Exchange was up by 1.05% at $3,124 per metric ton. The contract has fallen 2.3% for the week. The Shanghai Futures Exchange's most traded aluminium contract rose 1.56%, to 22,840 Yuan ($3,369.23). This is a decline of 0.7% since the beginning of the week. Market participants were closely monitoring macroeconomic conditions. Some analysts questioned
Natural Gas
Natural Gas Utilities
AfD leader vows restore German-Russian relations as she seeks chancellery
Alice Weidel of the far right Alternative for Germany said that Germany should stop a boycott against Russian oil and gas to boost its flagging economy. She was describing the party's ambitions to form a national coalition. Weidel claimed that the AfD could win two important federal state elections within the next few months. He described them as a milestone towards securing the position of German chancellor at the next national election due in 2029. The success of Made in Germany was due to the cheap energy that Russia provided. Weidel stated that we need to get it back. "The...
Crude Oil
Cambodians are now more motivated than ever to tap into $300 billion of energy resources, due to the global fuel crisis
Cambodia's energy minister stated on Wednesday that the oil shock caused by the conflict in Iran has prompted Cambodia to resolve its maritime dispute with Thailand and unlock underwater energy resources worth $300 Billion. The grip of Iran on the Strait of?Hormuz - the conduit for a fifth of global oil supplies - has made the conflict in the region the worst ever global energy crisis. In an interview, the Minister of Mines and Energy Keorottanak said that Cambodia relies on renewable energy, including hydropower and solar power, to help it weather this current crisis. However, its hopes for industrialisation...
Power Markets
EIA: US power consumption will surpass previous records in 2026 and '27, as AI usage surges.
The Energy Information Administration's Short-Term Energy Outlook released on Tuesday predicted that U.S. electricity consumption would continue to rise in 2026 & 2027. The EIA projects that the power demand in 2027 will increase from 4,195 billion Kilowatt-hours in 2025, to 4,248 in 2026, and 4,379 in 2027. The demand for electricity is increasing as more homes and businesses are using less fossil fuels to heat and transport their vehicles and use more electricity. The agency stated that the increase in electricity demand is being led by the commercial sector. This is expected to surpass residential demand for the first...
Natural Gas
Venture Global signs new LNG Supply Deals with TotalEnergies and Vitol
Venture Global announced on Tuesday that it had signed new LNG supply contracts with TotalEnergies, and trading house Vitol for combined sales of over 1 million metric tonnes per annum (mtpa), over the next five-year period. Mike Sabel, the CEO of Venture Global, said on a Tuesday earnings call that the company charges customers more than twice the price of long-term LNG for the five-year contracts. This reduces the risk profile. Sabel said, "It gives us the opportunity to blend out...the risks with much higher prices than 20-year contracts. We can double our long-term contracts." These deals bring the total...
Coal
The US coal industry is given a reprieve by the US government, but this will not last long: Jenarthan & Jain
Coal has been given an unlikely reprieve by the combination of U.S. support and the Iran War. Don't call this a comeback. In the first weeks of Tehran’s war against the U.S., and Israel, the global seaborne thermal prices of coal rose by over 25%. Prices rose to the highest level since late-2024, adding new momentum to a 'unexpected' rebound. This price rise reflects short-term market conditions, not a structural improvement in the?coal economy, as is evident by the fact that prices are only 15% higher than pre-war levels. These recent steps come after coal achieved several positive milestones in...
Natural Gas
Taiwan has received assurances from a'major country' about LNG supplies
Taiwan's economy minister announced on Saturday that the energy minister of a "major country" producing liquefied gas had given Taiwan assurances about supply. He was speaking in relation to the?impact of the Iran War on Middle East energy imports. Taiwan, which is a major producer of semiconductors, relied on Qatar to supply around a third its LNG prior to the conflict. It has now said that it has secured alternative supplies from countries such as Australia and the United States for the months ahead. Kung Ming Hsin, Taiwan's Economy Minister, told reporters in Taipei that Taiwan enjoys good relations with...
Natural Gas
Data centers forced to become more flexible by the US grid
In times of high demand for electricity, the U.S. tech industry is being pressured to reduce its power consumption. This comes amid growing public concerns that Big Tech's massive energy needs in expanding data centers will'max out' the country's electrical grid. When utilities and grid operators ask for it, the power industry and its regulators are increasingly pushing tech companies to make a concession that was previously unthinkable - they're asking them to?scale?back their energy consumption in giant server farms called data centers. The majority of the attempts to make data centres more flexible are in pilot mode. Data centers...
Power Markets
JERA's exec claims that there is no immediate shortage of LNG in Japan, but they are currently in negotiations for additional supply.
JERA, Japan’s largest power generator, is not facing a shortage of liquefied gas, despite the U.S. and Israel’s war against?Iran. However, JERA is in talks with long-term suppliers about possible additional supplies, according to a senior executive on Saturday. Global CEO Yukio KANI said that Japan's biggest LNG buyer, Global, handles around 35 million metric tonnes of super-chilled gas annually. Around 27 million tons of this fuel are used in Japan, with about 5% passing through the Strait of Hormuz. Iran has disrupted the shipping in the'strait', which is a conduit for 80% of the world's fossil fuel?supplies. Kani, speaking...
Energy Markets
Germany releases oil reserves to combat the energy price spike caused by Iran war
Katherina Reiche, Germany's Economy minister, said that the International Energy Agency has recommended the release 400 million barrels from its stockpiles. This is the largest?such move? in IEA's history. Reiche confirmed to reporters in Berlin that the government intends to limit petrol price increases to one per day at filling station and introduce "more stringent antitrust regulations of the sector." She did not provide a definite time frame for these measures but said that the United States, Japan and other countries would contribute the most to the release. Reiche stated that the situation is tense as oil supplies are strained...
Nuclear Power
Greenpeace activists confront Macron at the nuclear summit in France
Two Greenpeace activists rushed onto the stage during a global nuclear summit held in France on February 2, interrupting Emmanuel Macron, President of France and Rafael Grossi, U.N. nuclear watchdog chief. The protesters were dressed in black suits with ties and held banners that bore the Greenpeace logo, and read "Nuclear Power= Energy Insecurity", and "Nuclear Power fuels Russia's War". Macron was shouted by one of the protesters, "Why are we still buying Uranium from Russia?" The president responded, "We produce nuclear power ourselves." According to the latest data from the French government, France not only has its own uranium-enrichment...
Energy Markets
Petronas' profit drops for the third consecutive year as oil price pressures weigh on margins
Petroliam Nasional Bhd, the Malaysian state-owned energy company Petronas, or Petroliam Nasional, reported a profit after tax of 45.4 billion ringgit ($11.68 billion) in 2025 compared to 55.1 billion ringgit in 2024. Revenues fell from 320 million ringgit to 266.1 billion rmb ($68.44billion) over the same period. Petroliam Nasional (or Petronas) reported a profit of $45.4 billion after taxes in 2025, compared to $55.1 billion in 2024. Revenues fell from 320 billion to 266.1 billion Ringgit ($68.44 Billion) during the same time period. Tengku Taufik Tengku, the Chief Executive Officer of Tengku Muhammad Tengku Aziz, said that oil prices were...
Natural Gas
The US AI boom is facing an electric shock
The race for artificial intelligence dominance by Big Tech may soon hit a bump in the road as U.S. power grids struggle with keeping up with hyperscalers who spend big. Microsoft, Amazon and Alphabet, among other technology giants in the US, announced in recent months that they plan to spend $600 billion in AI by 2026. Some investors are already concerned about the profitability of this strategy due to the investment wave. The ambitious U.S. AI plans will be hindered by severe power-infrastructure bottlenecks including turbine shortages and slow grid expansion. The processing and cooling of data centers that are...
Environment
US considers proposal to cut Colorado River water use, Arizona says
According to Arizona's chief negotiation, the U.S. Bureau of Reclamation may adopt a large part of the proposal by Arizona, California, and Nevada to reduce the water?use?on the drought stricken Colorado River. This could save the states from further federal cuts. The Bureau of Reclamation is considering adopting a large part of a proposal by Arizona, California and Nevada to reduce water?use?on the drought-stricken Colorado River. This could spare the states steeper federal cuts. The bureau will implement its preferred plan by the beginning of August if there is no agreement among the seven states. If the Bureau adopts?the Lower...
US considers proposal to cut Colorado River water use, Arizona says
According to Arizona's Chief Negotiator, the U.S. Bureau of Reclamation may adopt a large part of the?proposal of Arizona, California, and Nevada to reduce the water?use along the drought-stricken Colorado River. This?step could spare the states from?steep cuts by the federal government. The '20-year-old' plan expires this year, and the seven states who share the Colorado River are at a standstill. On May 1, the Lower Basin states submitted a proposal to the Bureau of Reclamation that would address the severe water shortages. If there is no agreement among the seven states by early August, the Bureau will implement its...
Trump is granted a court order to stop restoring climate park exhibits and slavery.
The U.S. appeals court lifted an order on Thursday that required the Trump administration to restore dozens of exhibits it had removed from national parks, including those on slavery and climate changes. The 1st U.S. Circuit Court of Appeals, based in Boston, is a three-judge panel. Circuit Court of Appeals halted a judge’s order requiring that the National Park Service reinstall displays that were removed as a result of the Republican President's directive that targeted displays that "inappropriately disparage Americans living or past." Last month, U.S. District Court Judge Angel Kelley in Boston concluded that the displays had been removed...
Pollution
Pollution
Trump is granted a court order to stop restoring climate park exhibits and slavery.
The U.S. appeals court lifted an order on Thursday that required the Trump administration to restore dozens of exhibits it had removed from national parks, including those on slavery and climate changes. The 1st U.S. Circuit Court of Appeals, a three-judge panel based in Boston, has put on hold a judge's order requiring the National Park Service to reinstall?exhibits that it removed under President Donald Trump's directive targeting displays?that "inappropriately disparage Americans past or living." Circuit Court of Appeals halted a judge’s order requiring that the National Park Service reinstall 'exhibits' it had removed as a result of President Donald...
Mineral Resources
Hungary to clampdown on EV batteries after pollution case
Hungarian Environment minister Laszlo Gajdos threatened to shut down factories in the EV battery industry if they did not comply with environmental regulations. This is a significant policy shift for Viktor Orban, a right-wing politician who lost his power in April. Orban, who lost power in April, has 'bet big on EV batteries. He will attract foreign investment of EUR26 billion ($29.69billion) by 2021, mostly from South Korean and Chinese companies, making Hungary a hub in Europe. Environmental and health and security concerns about the plants were a key issue before the election. Centre-right rival Peter Magyar who promised to...
Energy Markets
California asks court to stop reversal state emission regulations
California filed a preliminary order on Thursday to stop the U.S. Environmental Protection Agency is preparing landmark state vehicle emission rules for possible?repeal of Congress. The Trump administration EPA stated earlier this month that waivers?under Clean Air Act approved by California environmental regulations under previous Democratic administrations, should have been sent under the Congressional Review Act to legislators. California filed a lawsuit in U.S. District Court, Washington earlier this week to seek a preliminary order that would stop the EPA's action. This move could threaten California's vehicle emission?program, which has been adopted by 12 other states and forced automakers into...
Energy Markets
French court orders TotalEnergies to address climate risks associated with its products
A Paris court on Thursday ruled that French oil giant TotalEnergies had to disclose climate risks associated with emissions from its oil products and present plans to mitigate them. The decision is a partial win for climate change NGOs who are trying to apply France's duty of vigilance corporate law from 2017 to climate change. The?court did not order any specific measures, such as limiting exploration and production overseas or setting binding emission?reduction targets. In recent years, climate litigation against oil giants has had mixed results. The Netherlands Supreme Court is currently reviewing a landmark Dutch ruling that ordered Shell...
Pollution
The top cases in the US Supreme Court docket
The U.S. Supreme Court has been deciding important cases in its current term. These include voting rights, presidential power, tariffs and birthright citizenship. Other issues are race, transgender sportspeople, campaign finance laws, LGBT "conversion therapies" and federal agency authority. The term began in October, and will run through the end of June. Separately, the court has also acted in emergency cases in several cases that challenge President Donald Trump's policy. VOTING RIGHTS ACT On April 29, the court gutted a crucial provision of the Voting Right Act, making minorities less likely to challenge electoral maps under the landmark civil right...
Pollution
Bangladesh calls for more climate finance support after saying that the $300 billion target falls short
Bangladesh demanded on Tuesday that the $300 billion per year global climate financing goal be increased to meet developing country needs. Tarique Rahman, the Prime Minister of Bangladesh, urged wealthy countries to honor their climate commitments before the next United Nations climate negotiations, which will take place in November. He spoke at the World Economic Forum Annual Meeting of the New Champions, held in Dalian, China. Bangladesh, one of the most vulnerable countries in the world to climate change is looking for'support to finance projects that will help it cope with rising flooding, cyclones and river?erosion, as well as saltwater...
Pollution
The top cases in the US Supreme Court docket
The U.S. Supreme Court has been deciding important cases in its current term. These include voting rights, presidential power, tariffs and birthright citizenship. Other issues are race, transgender sportspeople, campaign finance laws, LGBT "conversion therapies" and federal agency authority. The term began in October, and will run through the end of June. Separately, the court has also acted in emergency cases in several cases that challenge President Donald Trump's policy. VOTING RIGHTS ACT On April 29, the court gutted a crucial provision of the Voting Right Act, making minorities less likely to challenge electoral maps under the landmark civil right...
Pollution
Europe BEV shares reach record high in May
In May, battery electric vehicle registrations in Europe hit a record market share, continuing a strong growth due to?subsidies and policy support?and higher petrol prices. Data from E-Mobility Europe (EME), New Automotive and Fier Automotive revealed that battery electric vehicle registrations in 17 European markets increased by 34.4% compared to the previous year, reaching 212,387 cars in May. This gives fully electric vehicles a market share of 23.6%. This followed growth of 34.1% in March and 51.3% in April, according to data from E-Mobility Europe. In a press release, Chris Heron, secretary general of E-Mobility Europe said that "consumers and...
Energy Markets
Russian-held Crimea restricts motorcycle use, claiming they sound like drones
Moscow-installed officials in Crimea have banned motorised vehicles such as quad bikes, motorcycles and scooters from being used at night. They claim that they sound like drone attacks. The peninsula's Russian-installed Governor, Sergei Aksyonov said that the ban would be enforced between 8 p.m. to 6 a.m. on Wednesday. He called it a temporary measure for the protection of military and important facilities. The moped's noise interferes with the operation of defense systems. "Their engines sound like drones,"?Oleg?Kryuchkov, Aksyonov’s advisor, said on Telegram separately on Tuesday. "The enemy is enlisting your children for nighttime rides." The Crimea ban does not...
Climate Change
Scientists find 64,000 sq. miles of coral reef that can survive climate crisis
Researchers found that scientists have discovered a coral reef area of nearly 166,000 sq km (64,00 sq miles) which is capable of recovering and surviving climate change. This was a?three-fold increase over what they had previously estimated. Scientists have identified a 'three-fold increase' in the area of coral reefs that are capable of surviving and recovering from climate change. A study of 45,000 coral surveys, along with decades of ocean and climate data, has revealed climate-resilient coral reefs in 71 countries. This includes parts of the Caribbean Ocean and Pacific Oceans. Emily Darling, director of the Wildlife Conservation Society's coral...
Climate Change
Scientists find 64,000 sq. miles of coral reef that can survive climate crisis
Researchers have found that scientists are able to identify a coral reef of 166,000 square kilometers (64,000 square miles) which is capable of recovering from climate change. This is three times greater than what was previously thought. Scientists have warned that the world's coral reefs, which support a quarter of all marine life on earth, are under extreme stress due to violent tropical storms and pollution, as well as mass "bleaching events" caused by rising ocean temperatures. A combination of decades of climate and ocean data and 45,000 coral surveys has revealed climate-resilient coral reefs in 71 countries. This includes...
Pollution
Venezuela: Oil spillage from Trinidad and Tobago may harm fishing and environment
Venezuela's government announced on Friday that an?oil?spill from Trinidad & Tobago puts?fishing? and the environment in danger. The government released a statement in which it stated that the spill was "much larger than the one in May" and confirmed the drift of pollutants towards Venezuelan waters. It did not provide any further details on the extent of this spill, but said satellite imagery had confirmed its existence. Venezuelan Foreign minister Yvan Gil requested compensation from Trinidad and Tobago for an oil spill in the country's far east in?May. Trinidad and Tobago said that it was using its Air Guard, Coast...
Wind Farms
New York files suit against the Trump administration for a halt on two offshore wind project
New York's Attorney General sued the Trump Administration on Friday over the suspension of construction on two offshore?wind farms that it says are needed to power a million homes and reduce the state's reliance on fossil-fuels. Letitia J., New York's Attorney General, has filed two separate lawsuits asking the federal court in Washington not to allow President Donald Trump's freeze of federal offshore leases owned by Equinor from Norway and Orsted from Denmark on December 22, 2018. The Interior Department said that it had halted the project due to complaints from?the Pentagon, that wind turbines can cause radar interference which...
Japan’s KEPCO Buys Majority Stake in Ireland’s Simply Blue Energy
Japan’s Kansai Electric Power Co. (KEPCO) has signed a share subscription agreement with Ireland’s Simply Blue Group’s offshore wind development arm, Simply Blue Energy OSW (SBE OSW).The strategic investment marks KEPCO’s first investment involving management participation in an offshore wind developer.KEPCO will acquire a majority stake in SBE OSW through its wholly owned subsidiary, KPIC Netherlands BV.Simply Blue Energy OSW is actively engaged in multiple offshore wind projects across Europe and elsewhere and possesses extensive experience and expertise in offshore wind development from the early stages of project formation.With KEPCO’s investment, SBE OSW aims to accelerate the expansion of its...
L&T Joins Hitachi Energy to Support TenneT’s 2GW Offshore Wind Grid Scheme
India’s EPC contractor Larsen & Toubro (L&T) has been hired to deliver High Voltage Direct Current (HVDC) converters in support of the Dutch-German transmission system operator (TSO) TenneT’s 2GW offshore wind grid program in the North Sea.Collaborating with Hitachi Energy, a global technology leader in electrification, L&T has been nominated by TenneT to deliver HVDC converter stations, as part of the initiative that aims to accelerate the integration of large-scale renewable energy into the European power grid, particularly across the German and Dutch sectors of the North Sea.The collaboration brings together complementary strengths in advanced technology, engineering excellence, and end-to-end...