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The Energy Institute recently published its updated energy report, the 2025 Statistical Review of World Energy, showing data through the year 2024. These trends help explain the strange behaviors that we have been seeing from governments recently. In this post, I identify trends in the new data that I consider worrying.
From pioneering technologies that shattered geological limits to building empires that outmuscled governments, these oil titans didn’t follow the energy industry — they dragged it behind them. Some were wildcatters with nothing but a hunch and a homemade rig.
The Starmer government has promised it would reduce industrial users’ electricity bills by up to 25% from 2027 as part of its energy strategy, due to be released this week.
The UK government is mulling over a change to the law to oil and gas projects in the North Sea in a drive to lower energy bills. The government has given extra funds for the Department for Energy Security and Net Zero to invest between 2026…
Many countries need to invest heavily in upgrading their electrical grid system, as vast quantities of renewable energy get connected, many from non-conventional energy-producing regions. In most countries, the transmission network was built several decades ago around conventional power plants in energy hubs.
AGA Newsroom True Blue Blog Where energy conversations come to life. The Pipeline and Hazardous Materials Safety Administration (PHMSA) is one of the most important government agencies that many Americans have never heard of. Hydrogen is a promising avenue for lowering emissions and an excellent potential tool for energy storage.
Governments and policy makers must better anticipate and prepare for energy crises before they happen, drawing from past experience and increasing diversification of supply, predictability in policy, and international cooperation, Fatih Birol, Executive Director at the International Energy Agency (IEA), said on Thursday.
National governments in the EU would soon be allowed to subsidize companies struggling with exorbitant energy costs, according to a Politico report suggesting the bloc is about to change its strict no-subsidy rules.
The incoming new government has to adhere to this law. The topic of the climate crisis barely made it into this winter’s election campaign – and when it did, many parties slammed the Energiewende (clean energy… Source Will it though? Credits: MDV Edwards, All rights reserved.
For years, Mexico has been exploiting its vast oil reserves to meet its energy needs and boost its export revenues. During this time, several governments largely overlooked the country’s renewable energy potential. However, to date, its renewable energy sector is somewhat underdeveloped. However, greater…
This is part of a Labour government plan to accelerate the country’s green transition by expanding its clean energy capacity and shifting away from a reliance on fossil fuels. For decades, the U.K.
The UK government has ruled out the introduction of a zonal energy pricing system that would have seen regions closer to renewable energy sources likelier to see lower prices. Consultation on a zonal energy pricing system lasted three years. Greg Jackson, founder and head of Octopus Energy, was…
In a move with significant implications for transcontinental energy trade, the UK government has formally withdrawn support for the $34.4-billion But Energy…
A government -backed fund is pledging more than £2 for a carbon capture project. Energy secretary Ed Miliband has said that workers in “Britain’s manufacturing heartlands” will benefit from the investment in the Peak Cluster works.
The UK’s government must find a way to lower energy costs if it wants to accomplish its climate change goals, a report by the Climate Change Committee said this week. The CCC is the official advisor to the government on all things net zero.
The UK’s energy regulator has approved a £24bn investment to upgrade the UK’s energy infrastructure as a part of its green transition. The Office of Gas and Electricity Markets (Ofgem) move comes as the government renews its push for cleaner energy, despite backlash around the impact on prices.
Supreme Court ruled that energy companies like Valero’s Diamond Alternative Energy do, in fact, have standing to challenge the EPA’s 2022 decision that allowed California to impose tougher emissions and electric vehicle mandates than the federal baseline.
Australia’s government is supporting with grant funding the development of a green hydrogen project in the country, which has recently seen setbacks in the sector with major projects canceled or halted. The Hunter Valley Hydrogen Hub (HVHH) project will produce renewable hydrogen using a 50-megawatt electrolyzer powered…
Washington acted first, recalling charge d’affaires John McNamara on Thursday, with State Department spokesperson Tammy Bruce saying the move was taken “following baseless and reprehensible statements from the highest levels of the government of Colombia.” Hours later, President Petro announced he was calling home ambassador…
Commonwealth LNG received major news this week from two different government agencies. The first bit of news was a final authorization from the Federal Energy Regulatory Commission (FERC) to proceed with building the $11 billion project in Cameron, Louisiana.
The UK government is set to drop plans to introduce zonal pricing in the country’s wholesale electricity market, following a backlash from industry saying that splitting the market into geographical areas would damage investments in renewable energy projects, the Guardian reports, citing sources. Under the proposed reform,…
dollars of investments to catch up with the rising share of renewable energy generation. Governments, especially in Europe, have started to realize that the net-zero ambitions and the cleaner electricity grids will cost much more than initially planned. Grid upgrades, expansions, and resilience will need trillions of U.S.
Octopus Energy founder Greg Jackson has accused his opponents of “gaslighting” ahead of an imminent decision by ministers on whether to split up the UK’s power market. Prime Minister Sir Keir Starmer is expected to draw a line under the zonal pricing debate as early as this week after months of increasingly fierce lobbying from both sides.
The world’s solar power capacity has risen dramatically in recent years, as governments have invested in a green transition and energy companies have taken advantage of favourable renewable energy policies.
Offshore Energies UK (OEUK) has today proposed key reforms to accelerate offshore wind generation following the government’s publication of its Review of Electricity Market Arrangements (REMA). OEUK’s Wind Energy Manager, Thibaut Cheret, said: “AR7 must be the turning point in making UK wind ambitions a reality.
The government of Mozambique is ready to lift the force majeure imposed on TotalEnergy’s LNG project in the country as soon as the company applies for this, the country’s energy minister said.
The UK energy secretary greenlighted BP and EnBW's Mona project, which the government says is the biggest wind farm in the Irish Sea with a maximum grid connection potential of 1.5
Smelters and miners are complaining about high energy costs and asking for government help. The country’s consumer watchdog just this week warned the east coast could face a gas shortage as soon as this year. And now the industry department is warning that commodity exports are about to weaken on trade headwinds.
Leading trade body Offshore Energies UK (OEUK) has welcomed today’s announcement of £1 billion in funding from a number of sources for the offshore wind supply chain – calling it a positive signal but urging government to use it as a springboard for much wider action.
The UK government said it would invest 14.2 billion pounds in the construction of the Sizewell C nuclear power plant as it seeks to boost energy security. The amount equals around $19.3 Sizewell C is a 3.2-GW GW nuclear power facility that is being developed by French…
As the global clean energy transition continues to accelerate, demand for critical minerals is heating up around the world. While the government tracks 50 of these materials that are essential to economic and national security goals, there is one clear frontrunner in the demand curve arms race: lithium.
After years of battling the poor public perception of nuclear power, several countries are now on track to develop their nuclear energy sector as governments encourage a shift away from fossil fuels to cleaner alternatives. Nuclear plants have the potential to provide abundant, clean power.
Through targeted domestic content incentives, the federal government has […] The post IRA Incentives Fuel U.S. solar manufacturing landscape has undergone a remarkable transformation since the passage of the Inflation Reduction Act (IRA) in 2022. Solar Manufacturing Surge appeared first on POWER Magazine.
(World Oil) – Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt. GEIL has since received regulatory approval from the government to boost production to 30,000 bpd under a revised field development plan.
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. million fundraise comprising a £9.8 million Placing and £0.7 on 29 July 2025).
is pleased to announce that Ron Gusek, CEO of Liberty Energy and Amerino Gatti, Executive Vice President of Oilfield Services & Equipment for Baker Hughes have been confirmed as keynote speakers at EnerCom Denver – The Energy Investment Conference. (Oil Gatti served on the Board of Helix Energy Solutions Group, Inc.
(Oil & Gas 360) – Register for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025 , featuring a broad group of public and private energy companies at www.enercomdenver.com at The Westin Denver Downtown.
Leading trade body Offshore Energies UK has today responded to the publication of the government’s Industrial Strategy , which sets out a ten-year plan for Britain’s industrial sectors. Our sector has a vision of a modern industrial Britain, powered by secure, affordable, homegrown energy.
The Ministry of Oil has signed an agreement in principle with HKN Energy to develop the Hamrin field in northern Iraq. In May, HKN Energy and ONEX Group signed a binding term sheet with the Kurdistan Regional Government (KRG) to develop the Miran gas field through their new joint venture, Miran Energy. By John Lee.
EQT Corporation, the largest Marcellus/Utica producer by the volume of M-U molecules produced, published its 2024 Environmental, Social and Governance (ESG) Report, titled “Promises Made, Promises Delivered,” on Tuesday.
Norway's energy regulator has identified four more areas as most suited for future offshore wind development, it said on Monday, with the government now consulting…
Leading trade body Offshore Energies UK today responds to the government’s publication of its Review of Electricity Market Arrangements (REMA). Retaining national pricing supports offshore wind and clean energy development in Scotland and across the UK. These reforms are an important stepping stone to the UK’s energy future.
To meet the rising demand for energy and the increase in global renewable energy capacity, there is a clear need to expand critical mineral mining activities.
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