US Secures Control of 65B Barrels of Venezuela Oil
Trump announces landmark deal giving US majority control of 65 billion barrels of Venezuela's oil reserves, reshaping global energy markets.
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Trump announces landmark deal giving US majority control of 65 billion barrels of Venezuela's oil reserves, reshaping global energy markets.
The U.S. Army selects five companies to build nuclear microreactors at military bases under the $2.2B Janus Program, targeting 2028 deployment.
China's total electricity consumption grew 4.7% year-on-year in Jan-July 2026, driven by high-tech manufacturing and digital economy growth.
Belgium and Europe still import Russian gas in large volumes despite the EU's 2027 exit plan, exposing a structural weakness in energy security.
China launches first retired wind turbine recycling project in Jiuquan, boosting utilization rates from 30% to 70%.
Belgian fixed gas contract prices rise 20% amid low European storage levels and Middle East tensions, raising fears of a new energy crisis this winter.
Belgium's energy regulator CREG will end grid tariff exemptions for new battery parks from 2028, citing sufficient competition and met targets.
Gulf oil giants are investing billions in pipelines to bypass the Strait of Hormuz, reshaping global energy supply chains amid the ongoing Iran war.
Belgian electricity prices hit a two-year record at nearly 20 cents per kWh as gas costs surge up to 40% amid the US-Iran conflict.
China's mandatory renewable energy consumption targets take effect as the Bohai Sea's first 100-billion-cubic-meter gas field begins full production.
China's electricity load hit a record 1.557 billion kW on August 7, the fourth all-time high this summer amid heatwaves and economic growth.
China delivers first batch of improved household solar equipment to Cuba amid deepening energy crisis, expanding Belt and Road cooperation.
China's nuclear power construction scale ranks first globally for 19 straight years, with total capacity reaching 125 million kW per the latest NEA report.
China's nuclear power construction scale ranks first globally for 19th consecutive year, with 112 units totaling 125 million kW in operation or approved.
China's first 16MW tension-leg floating wind platform begins operations, supplying green power to offshore oil fields and withstanding typhoons.
After a decade of construction, the Brabo III high-voltage line officially opens in the Port of Antwerp, strengthening Belgium-Netherlands energy exchange.
China's new power system plan targets 50% non-fossil generation by 2030, unlocking 20+ trillion yuan in energy investment.
Belgian PM De Wever and Dutch PM Jetten inaugurate the Brabo III high-voltage line, strengthening cross-border energy security and grid capacity.
Hainan's first Hualong One nuclear reactor at Changjiang plant connected to grid, marking a milestone for China's homegrown nuclear technology.
China's new energy storage capacity now accounts for about 50% of global total, cementing its leadership in the clean energy transition.
China's State Council approves eight new nuclear reactors across four provinces, investing up to 170 billion yuan toward 110 GW capacity by 2030.
Hainan's first Hualong One nuclear unit at Changjiang Phase II connects to the grid, marking a milestone in China's clean energy transition.
China's Yalong River basin commits 23 GW of clean energy capacity to peak summer power supply, bolstering grid stability amid record demand.
China's State Council approved four nuclear projects totaling eight reactors, including the first Hualong One 2.0 demonstration units.
A Chinese-built 1,000 MW solar farm is helping Laos become Southeast Asia's clean-energy battery and deepening regional grid ties.
China's coal-fired power share fell to 49.7% in H1 2026 — the first time below 50% — as renewables hit a record 41.2% of generation.
China's NDRC raised retail gasoline and diesel prices by 685 and 655 yuan per tonne from July 31 as Middle East conflict pushed crude costs higher.
China's coal power generation fell below 50% of total electricity output for the first time in H1 2026, as renewables surged to a record 41.2% share.
Chinese scientists achieve 28.04% certified efficiency in perovskite-organic tandem solar cells, setting a world record while solving key stability issues.
China's solar generation surged 40% in H1 as capacity nears overtaking coal. Industry faces overcapacity, plunging installations and heavy losses.
China's 630°C ultra-supercritical coal unit reaches 50.05% thermal efficiency, breaking the global 50% barrier for coal power.
Belgium's energy excise reform shifting taxes from electricity to fossil fuels takes effect August 1. See how it impacts household bills.
Converging threats including the US-Iran war, low gas storage, and Asia-LNG competition risk a severe European energy crisis this winter.
NRC proposes scrapping 50-year-old ALARA radiation standard. Supporters say it clarifies rules; critics warn it weakens worker protection.
Diesel prices in Belgium rise 8.5 cents to €2.23/L as the IEA warns of potential gasoline and diesel shortages amid escalating US-Iran hostilities.
Belgian consumers have a narrow window to lock in lower energy rates before winter. With price gaps of up to €700, experts urge comparing suppliers now.
Morgan Stanley warns European diesel inventories will hit multi-year lows as Middle East war, Russian export ban, and refining constraints converge.
Brent crude rises above $90/barrel for first time since June as renewed US-Iran hostilities disrupt shipping through the Strait of Hormuz.
China's crude oil imports plunged 41.3% in June to a near-decade low, driven by the U.S.-Iran war, rapid EV adoption, and strategic reserve management.
As oil companies rake in billions from war-driven price spikes, U.S. lawmakers push a windfall profits tax to return excess profits to households.
Chinese researchers achieve world-record 28.04% efficiency for perovskite-organic tandem solar cells, published in Nature, with 90% stability.
Belgium's gas storage is only 25% full amid the Iran war and Strait of Hormuz blockade, raising energy security concerns ahead of winter.
Belgium faces climate-driven early harvests, a startup making CO2 capture affordable, and critically low gas reserves at 25% capacity ahead of winter.
China details plans for a next-gen smart power grid with over 5 trillion yuan in investment, aiming to build a resilient renewable-powered network by 2030.
Flemish government parties agree to eliminate fines for homeowners who forget to register solar panels with Fluvius, shifting responsibility to inspectors.
China's power load hit a record 1.518 billion kilowatts on July 10, driven by industrial growth, EV and data center demand, and extreme heat.
Belgian fuel prices rise sharply as diesel hits EUR 2.10/litre. Surging refining margins and geopolitical tensions are driving the increase.
China reports record summer grain harvest, all-time high power load of 1.518 billion kW, and marine economy surpassing 11 trillion yuan.
China's national power load reaches a historic high of 1.518 billion kilowatts, driven by industrial growth, service sector expansion and summer heatwaves.
Flanders cuts electricity taxes and raises gas levies from 2028 to push green heating. Belgian fuel prices surge as refining margins hit highs.
Chinese scientists develop a transient assembly method to produce platinum catalysts in minutes, slashing energy use by 90%.
China's first sea-land integrated flexible DC converter station sets sail for Yangjiang offshore wind farm, marking a renewable energy milestone.
Flanders unveils a tax shift making electricity €80 cheaper and gas €80 more expensive annually to incentivize switching to electric heating by 2028.
China issues mandatory solar efficiency standards effective Jan 2027, targeting overcapacity that has caused 50B yuan in industry losses.
Henrico County, Virginia faces a 25% electricity rate increase driven by surging data center energy demand, forcing budget cuts and conservation pleas.
Oil prices fell nearly $10 in ten days after a US-Iran peace deal. Belgian fuel drops sharply but experts warn the fragile agreement may not hold.
The Shuangjiangkou Hydropower Station, the world's tallest dam at 315 meters, has begun operations in Sichuan, adding 2,000 MW of clean energy capacity.
Chinese researchers achieve breakthrough in fusion reactor superconducting magnets, building the world's largest TF magnet with 100% domestic technology.
Belgium's nuclear buyout from Engie faces scrutiny as questions mount over ministerial expertise and the state's ability to negotiate a fair deal.
Oil prices have fallen to pre-Iran war levels around $73 per barrel. But gas prices remain high and winter risks loom for Belgian consumers.
China's Shuangjiangkou Hydropower Station, with the world's tallest dam at 315 meters, connected its first turbine to the grid on June 26.
China's 15th Five-Year Plan targets 20+ trillion yuan to build a clean new energy system by 2030 as installed capacity hits 4 billion kW.
Maximum gasoline prices in Belgium fall to their lowest level since March, offering relief to motorists as Brent crude drops to nearly $76 per barrel.
President Trump accuses oil companies of price gouging and orders a DOJ investigation as gas prices remain elevated despite falling crude oil costs.
Oil prices dropped to four-month lows as tanker traffic through the Strait of Hormuz recovers to 25% of pre-war levels after the U.S.-Iran peace deal.
Tesla, Sunrun, and Renew Home partner to deliver 16+ GW of home energy capacity to AI data centers, turning homes into a virtual power plant.
Belgium activates heatwave alarm phase as evening electricity prices soar to €658/MWh, with forecasts of €1,038/MWh — the highest ever recorded.
China's AI boom is reshaping its power grid, driving data centers to deserts and sparking a $295 billion national computing grid.
Explosion at Qatar's Ras Laffan gas facility killed 13 workers and injured 66. Minister confirmed it was a technical accident, not sabotage.
Oil drops below $75 for first time since March as Treasury issues 60-day Iran waiver and Strait of Hormuz traffic recovers, signaling de-escalation.
Summer Davos 2026 convenes in Dalian June 23-25 as Chinese scientists publish the nation's first map of 319,900 solar and 91,600 wind facilities.
AI-powered mapping of 319,972 solar facilities and 91,609 wind turbines reveals nationwide coordination could recover 100 billion kWh annually.
Construction begins on the world's largest single-unit solar thermal plant in Qinghai, with 15-hour molten salt storage and 100% domestic technology.
Belgium paid 27 million euros to keep Doel 4 and Tihange 3 reactors running, the first nuclear subsidies this century amid a push for state takeover.
China's 92-octane gasoline drops back to 7.8-7.9 yuan/liter after NDRC cuts prices by 515 yuan/ton. Analysts predict a third consecutive cut on July 3.
Belgium's energy excise reform shifts taxes from electricity to fossil fuels starting August 2026. See how much your household will pay or save.
FERC unanimously voted to speed power delivery to AI data centers, requiring them to pay grid upgrade costs amid rising community opposition.
Chinese solar technology is driving Iraq's green energy transition, addressing chronic electricity shortages through Belt and Road projects.
The 10th China-South Asia Expo signed 18 energy projects worth over 25.7 billion yuan, featuring China's first green certificate deal with Laos.
GCL Technology pivots from solar silicon into lithium battery materials as the solar industry faces a severe overcapacity crisis and storage booms.
Small plug-in solar panels for balconies and backyards are gaining momentum across the U.S., with 30 states considering legislation to legalize them.
Solar supplied 12.8% of US electricity in May 2026, surpassing coal for the first month on record, even as Trump boosts coal with a $700M plan.
New figures reveal the Belgian state paid more for electricity from Doel 4 and Tihange 3 than it earned from sales, reigniting debate over nuclear costs.
Lanzhou University achieves high-precision lithium isotope detection using laser spectroscopy, with major implications for nuclear reactors.
China invests over 5 trillion yuan in smart grid construction during the 15th Five-Year Plan, driving unprecedented growth in energy storage.
China's 15th Five-Year Plan designates hydrogen as a future industry, targeting 100,000 fuel cell vehicles and hydrogen under 25 yuan/kg by 2030.
New analysis: EU could eliminate foreign gas imports by 2040 through electrification, saving €29 billion a year and reshaping energy security.
Belgian Energy Minister Mathieu Bihet says the government will not blindly buy back Engie's nuclear plants, with a go/no-go clause in the deal.
Belgium moves to nationalize Engie's nuclear assets in a historic energy policy reversal, with negotiations over seven reactors at stake.
Gerben Croonenborghs, chief of staff to Belgian Energy Minister Mathieu Bihet, has left his post by mutual agreement amid nuclear talks with Engie.
Antares Nuclear's Mark-0 microreactor achieves zero-power criticality at Idaho National Lab, a first for private advanced reactors in 40 years.
Chinese researchers achieve 50% green hydrogen blending in coal power, cutting carbon emissions by up to 50% while maintaining energy output.
China's solar PV exports to Southeast Asia surged 267% in April 2026, defying export tax rebate cancellation and underscoring Beijing's solar dominance.
State Grid forecasts summer peak power load will exceed 1.3 billion kW, a 6% year-on-year increase, as China prepares for record electricity demand.
President Trump announces Todd Blanche as his nominee for attorney general and a $700 million package to revive the struggling U.S. coal industry.
China deploys AI large models across its energy sector, from oil fields to power grids, with measurable gains and a push for tech independence.
Chinese scientists achieve first commercial supercritical CO₂ power plant using 'atomic stitching,' boosting efficiency by 85% and slashing emissions.
Northern China bakes under persistent heatwave while southern regions see record electricity loads. Officials warn summer peak could reach 16 billion kW.
China's electricity market trading volume jumped 25.6% YoY in early 2026, driven by power market reform and full renewable energy market entry.
Walloon government mandates grid operators to compensate solar panel owners when systems disconnect due to grid saturation, with payments starting in 2027.
ExxonMobil and Chevron executives warn oil prices could hit $150-$160 per barrel as global inventories near critical lows amid the Strait of Hormuz crisis.
Southern China's power grid set four consecutive load records from May 25-28, driven by early heatwaves, AI computing, and economic growth.
Belgian petrol and diesel prices drop over 10 cents per litre from Friday, offering relief at the pump amid high living costs.
Belgium's Walloon region requires grid operators to compensate solar panel owners when systems disconnect due to grid overload, in a landmark policy.
Virtual power plants gain traction as utilities pay customers for excess solar and battery power, offering a fast solution to grid strain.
Electrabel distributes €10.4 billion to French parent Engie in Belgium's largest-ever profit distribution, raising questions about capital outflows.
A sanctioned Russian tanker carrying 270,000 barrels of diesel failed to reach Cuba, deepening the island's catastrophic energy crisis.
Nine Chinese provinces cancel fixed time-of-use electricity pricing, shifting from government-set rates to market-driven pricing in a landmark reform.
China's Shengli Jiyang shale oil zone surpasses 2M tonnes, unlocking reserves international experts deemed commercially unviable.
Gas prices reach $4.55/gal ahead of Memorial Day while electricity bills climb 8.5%. The Iran war drives energy costs to multi-year highs.
National gas prices hit $4.55/gallon as Iran war disrupts oil supplies, California battles Chevron, and 45M Americans face costly holiday travel.
Americans face soaring summer electric bills as rising temperatures and higher energy prices drive cooling costs up 8.5%, straining household budgets.
China's AI expansion is straining the power grid as data center electricity demand surges. Experts warn of a construction pace mismatch and grid risks.
Walloon Minister Desquesnes blocks Engie from demolishing Tihange cooling towers, requiring federal approval and freezing Belgium's nuclear dismantling.
Gasoline prices in Belgium surpass €2 per liter for the first time since 2022. Experts analyze the Iran conflict's impact and what comes next.
Energy Minister Mathieu Bihet outlines Belgium's plan to nationalize nuclear plants from Engie, sparking debate on costs and energy security.
NGOs sue over PFAS inaction, Asian hornet queen catches triple in Flanders, and Belgium's offshore wind expansion falls behind schedule.
NextEra acquires Dominion in a $67 billion all-stock deal, creating the world's largest regulated electric utility to meet AI-driven power demand.
Belgium's gas storage is only 23.75% full, raising energy security concerns and potential price hikes for consumers ahead of the 2026-2027 winter.
Belgium and the Netherlands signed an MoU to boost nuclear energy cooperation, covering R&D, supply chains, joint training, and waste management.
Belgian diesel prices fall by 6.2 euro cents to €2.116 per liter starting May 16, offering modest relief after weeks of war-driven increases.