Piolito Salgan has driven a jeepney in Manila for 27 years, ferrying hundreds of riders every day in one of the Philippines’ iconic public utility vehicles. But with the war in Iran pushing fuel prices to record highs, he is thinking of giving up. Diesel prices in the Philippines have more than doubled since the
When US President Donald Trump addressed the nation on April 1, he said the US is not reliant on oil through the Strait of Hormuz. Loading audio narration… It was a nod to an idea he’s touted before—energy independence—but the reality is complicated. It does not, for instance, mean the US is shielded from the
As the closure of the Strait of Hormuz wreaks havoc on fossil-fuel supplies across the world, a prominent narrative in western media has been that low-carbon energy has helped mitigate the worst of the impact on China. While Chinese-language media has featured similar arguments, it has also highlighted China’s coal industry and broader energy security
The New Whittle Laboratory now has a 60-tonne pressure vessel Cambridge University’s New Whittle Laboratory has gained a new pressure vessel to aid the study of energy and aerospace. Cambridge’s new National Centre for Propulsion and Power (NCPP) has had a peculiar look for a while, with a wall still open. The lab was waiting
Ofgem has explained how much everything from your kettle to your tumble dryer will now cost to use Households benefiting from a slight reduction in energy bills are being cautioned(Image: Natalia Lebedinskaia via Getty Images) Households benefiting from a slight reduction in energy bills are being cautioned that the largest drain on finances isn’t the
An environmental disaster is looming, thanks to so-called renewable energy sources. The massive push in this century for alternatives to fossil fuels—mainly windmills and solar panels—has been one of the greatest follies in human history. The cost of these alleged renewables in the last 25 years exceeds $10 trillion, and the results politically and economically
By Demetris Stefani On March 2, 2026, the Strait of Hormuz, the world’s most critical energy passage, effectively closed. Approximately 20 per cent of global seaborne oil trade has been disrupted. Crude oil has surpassed $100 per barrel for the first time in four years. This is the largest disruption to the energy market since
Energy security has once again taken on urgent priority in the European Union, as the Iran war reveals how exposed many member states still are to abrupt oil and gas supply shocks — despite the lessons of Russia’s full‑scale invasion of Ukraine four years ago. The crisis has prompted member states to reexamine their efforts
It’s a rough Monday for many solar investors. SolarEdge Technologies (NASDAQ:SEDG) stock is down 7% today, sliding from $48.75 to $45 and change, while Enphase Energy (NASDAQ:ENPH) stock is off 4%, dropping from $34.92 to around $33.50. Broader tariff concerns are weighing on growth and clean energy names across the board, and these two solar
Unpacking Q4 Earnings: Atlas Energy Solutions (NYSE:AESI) In The Context Of Other Oilfield Services Stocks Looking back on oilfield services stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Atlas Energy Solutions (NYSE:AESI) and its peers. Oilfield services companies provide equipment, technology, and services enabling exploration and production activities, including drilling, completion,