"Gambling on the weather has become an institution throughout a great part of the United States." This sentiment from the Fort Worth Star-Telegram in 1915 highlights the long-standing tradition of weather betting in American culture.
South Korea has launched a nationwide energy-saving campaign, enforcing an odd-even vehicle restriction system for public-sector cars based on licence plate numbers. Authorities urge voluntary compliance from private vehicle owners.
Metafuels' aerobrew technology converts renewable methanol into drop-in jet fuel, delivering up to 90% lower lifecycle emissions than conventional kerosene, with no modifications needed for existing aircraft.
Citi's upgrade reflects a broader geopolitical reality reshaping global energy markets. The Iran war is accelerating the flight of European and Asian buyers toward secure, long-term U.S. LNG supply contracts.
At the start of this year, Pakistan had more imported liquefied natural gas (LNG) than it could use, with demand falling from a peak of 8.2 million tonnes in 2021 to 6.1 million tonnes by late 2025. The government sold excess gas shipments to other countries and shut down domestic gas wells to prevent pipelines from bursting under oversupply.
"A more decentralized energy system, with a growing share of renewables and more market players, is structurally more resilient. Countries that invested in the energy transition are weathering this crisis with less economic damage, as they boost energy security, resilience and competitiveness."
"We are deeply grateful for the opportunity to soon be joining Daimler Truck and Volvo Group as partners in building a hydrogen society," Toyota President and CEO Koji Sato said. "cellcentric which possess deep expertise in commercial fields together with Toyota's over 30 years of fuel-cell development in the passenger car sector, can combine their strengths to deliver one of the world-leading fuel cell systems for heavy commercial vehicles."
U.S. financial markets experienced a volatile week, largely influenced by geopolitical developments in the Middle East and fluctuations in energy prices. Investor sentiment was driven primarily by external events rather than domestic fundamentals.
Attempting to eke out the remaining oil and gas from the North Sea was not the answer to the challenges facing the UK. It will not bring down the price for consumers, nor will it deliver long-term energy security. The international markets will determine the price and destination; that is not energy independence.
"We have recently launched the largest ever release of IEA emergency oil stocks - and I am in close contact with key governments around the world, including major energy producers and consumers, as part of our international energy diplomacy."
The war in the Middle East is exposing how dependent the world is on a handful of strategic chokepoints. The Strait of Hormuz a narrow waterway in the Gulf is closed. The longer this goes on, the faster the global energy map could be reshaped.
TotalEnergies will abandon offshore wind projects deemed too big and expensive without federal subsidies in the U.S., opting instead for onshore wind, solar, and battery storage.
January 2026 showed just how violent this relationship can get: Henry Hub spiked to $30.72/MMBtu on January 23 - a near-tenfold surge - before collapsing to $3.13/MMBtu by February 23. Extreme winter heating demand and supply constraints drove that move - exactly what BOIL is built to capture on the upside, and what devastates holders on the way back down.
