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Energy

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Energy

Judge Blocks Trump IRS Rule Limiting Solar and Wind Tax Credits

A Clinton-appointed federal judge called the IRS's exclusion of a key cost-based construction rule for wind and solar projects 'arbitrary and capricious'.

EnergyJune 9, 2026

Asia Faces Third Oil Shock as Hormuz Closure Cuts 15M Barrels Daily

Former IEA chief Nobuo Tanaka warns Asia will bear the brunt of the energy crisis, with 60% of its crude imports from the Middle East disrupted by the Strait of Hormuz closure.

EnergyJune 9, 2026

Qatar LNG Damage Forces Asia to Burn 70M More Tonnes of Coal

Damage to Qatar's Ras Laffan facility has removed 10.2 Mtpa of LNG supply, forcing Japan, South Korea and others to run coal plants harder and scrap regulatory caps.

EnergyJune 8, 2026

China Halts 500,000 bpd Refining as Iran War Chokes Hormuz Supply

The disruption of Middle Eastern crude supplies through the Strait of Hormuz forces Chinese refiners to delay or postpone major projects, marking the first major downstream impact of the Iran war outside the Gulf.

EnergyJune 8, 2026

Asia Coal Prices Hit 2-Year Peak on Indonesia Export Curbs

New Indonesian government regulations centralize control of commodity exports, threatening shipment delays just as wartime demand from Japan and South Korea soars.

EnergyJune 6, 2026

Trump Pours $700M Into Coal, Invokes Korean War Law

The funding targets 13 existing plants, two new builds, and a long-blocked California export terminal, using a national security argument tied to AI grid demand.

EnergyJune 5, 2026

Alaska Lease Sale Tests Arctic Refuge Drilling Ambitions

The Trump administration holds its first Coastal Plain lease sale, targeting up to 11.8 billion barrels of oil despite legal threats and harsh conditions.

EnergyJune 5, 2026

Antares Microreactor Hits Criticality at Idaho Lab

The Mark-0 becomes the first advanced reactor to reach criticality under the DOE's accelerated pilot program, validating a design aimed at defense and space markets.