Tuesday, March 3, 2026
Clean Energy markets face a volatile year despite record global investment- oil and gas 360

Clean Energy markets face a volatile year despite record global investment

(Oil Price) – It’s been a volatile year for clean energy markets. Despite major policy shifts impacting green industries, global renewable energy investment hit a record high in 2025. A closer look at last year’s figures reveals a high level of ambivalence in the marketplace, with a sharp drop in clean energy investments in the United States in the last corner,

U.S. power boom triggers global gas turbine shortage- oil and gas 360

U.S. power boom triggers global gas turbine shortage

(Oil Price) – The hyperscaler-driven surge in U.S. power demand is creating ripple effects in the global supply chain, with gas turbines becoming the most critical bottleneck to rolling out flexible baseload capacity to support accelerated load growth. Gas turbine makers report soaring backlogs and delivery times years after order placement, while analysts say the bottlenecks in power plant equipment effectively

Europe sets its sights on Brazil’s rare earth riches- oil and gas 360

Europe sets its sights on Brazil’s rare earth riches

(Oil Price) – The European Union has been looking for rare-earth suppliers outside China for a while now. Last year, Commission president Ursula von der Leyen declared, “The aim is to secure access to alternative sources of critical raw materials in the short, medium and long term for our European industries.” It seems one of these alternative sources will be Brazil.

Trump orders emergency power auction for big tech AI data centers- oil and gas 360

Trump orders emergency power auction for big tech AI data centers

(Oil Price) – U.S. President Donald Trump is taking action to protect American consumers from soaring electricity bills with plans to direct the biggest U.S. grid operator, PJM, hold an emergency power auction in which Big Tech would bid for power supply for their new data centers and effectively pay for new power plants. President Trump and governors of several U.S. states, including

Germany relaunches major EV subsidy program with billions in funding- oil and gas 360

Germany relaunches major EV subsidy program with billions in funding

(Oil Price) – Two years after abruptly ending the EV subsidies due to budget constraints, Germany is returning the incentives for buying electric vehicles with federal funds of $3.5 billion (3 billion euros) by 2029. With the return of the incentives, Germany plans to prop up its ailing automotive sector, which has suffered a lot in recent years from surging costs,

bp flags up to $5 billion in energy transition writedowns in Q4 update- oil and gas 360

bp flags up to $5 billion in energy transition writedowns in Q4 update

(World Oil) – bp said it expects to record $4 billion to $5 billion in post-tax impairments in the fourth quarter of 2025, largely tied to its energy transition businesses, according to a trading statement released ahead of its full-year results. The company said the writedowns, which will be excluded from underlying replacement cost profit, are primarily linked to its gas and

Trump proposes revision of Biden tweak to clean water rule- oil and gas 360

Trump proposes revision of Biden tweak to clean water rule

(Investing) – WASHINGTON – The Trump administration on Tuesday proposed a rule revising Biden-era pollution protections for waterways, a move the Environmental Protection Agency said would speed permitting of energy and artificial intelligence infrastructure. The proposed rule concerns the 2023 finalization by the administration of former President Joe Biden of the 401 section of the Clean Water Act. That reversed a

Trump’s war on wind power is raising costs around the world- oil and gas 360

Trump’s war on wind power is raising costs around the world

(Oil Price) – President Donald Trump’s crackdown on offshore wind power in the United States could spill over globally, dampening investor sentiment in the industry, wind power executives have warned. Citing the chief executive of Vestas, the turbine maker, the Financial Times reported today that the ban on offshore wind in the United States heightened uncertainty, which would reduce investors’ risk tolerance and

The breakthrough that finally makes green hydrogen cost-competitive- oil and gas 360

The breakthrough that finally makes green hydrogen cost-competitive

(Oil Price) – For decades, green hydrogen has been touted as the “next big thing” in clean energy technology, with particularly promising potential applications in hard-to-abate sectors like transport, steelmaking, and shipping. However, the long-predicted green hydrogen renaissance has never come to fruition due to several factors, including the prohibitively high cost of production and the energy losses and inefficiencies associated

White hydrogen emerges as a wild card in the global clean energy race- oil and gas 360

White hydrogen emerges as a wild card in the global clean energy race

(Oil Price) – The white hydrogen boom could be within sight based on recent finds in France, the United States, and other parts of the world. However, developers are still not sure of the costs involved with exploiting white hydrogen resources, as well as the technical challenges to accessing reserves, making the outlook uncertain. Unlike other low-carbon forms of hydrogen, such

U.S. power consumption to hit record highs in 2025 and 2026, says EIA- oil and gas 360

U.S. power consumption to hit record highs in 2025 and 2026, says EIA

(Investing) – U.S. power consumption is projected to reach record levels in the next two years, according to the Energy Information Administration’s short-term energy outlook released Tuesday. The EIA forecasts power demand will climb to 4,199 billion kilowatt-hours in 2025 and further increase to 4,267 billion kWh in 2026, up from the 2024 record of 4,110 billion kWh. This surge in

A conflict is brewing between big tech and American farmers- oil and gas 360

A conflict is brewing between big tech and American farmers

(Oil Price) – For farmers in the United States, concerns about too much clean energy production are quickly transforming into concerns about too little energy to go around. For years, rural America has been pushing back against the spread of utility-scale solar and wind farms competing for agricultural land. Now, they have a new sector to worry about as massive data center developments