When the market reacts sharply to short-term pressures, long-term fundamentals often get obscured. That may be the case with Enphase Energy (NASDAQ: ENPH). Solar stocks have struggled in 2025. Enphase shares are down roughly 65% from 2024 highs, impacted by rising interest rates, shifting U.S. policy incentives, and slowing rooftop demand. Sentiment has weakened, and many investors have exited the sector, reallocating toward larger-cap utilities or oil and gas producers perceived as safer amid policy uncertainty. But Enphase remains a key player…

The precedent for politicized energy policy in the region is well known. The 1973 Arab oil embargo remains the most prominent example of hydrocarbons being wielded as geopolitical leverage. But in the decades since, Gulf NOCs have moved away from direct entanglement in regional conflicts, particularly Arab-Israeli or Iranian-Israeli hostilities. Instead, they have matured into commercial and strategic instruments aligned with national agendas focused on long-term stability, economic diversification, and global market integration. This evolution…

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Thursday, following a 7-rig decrease in the week prior. The total rig count in the US fell by 8 to 539 rigs, according to Baker Hughes, down 46 from this same time last year. The number of oil rigs fell by 7 to 425 after falling by 6 during the previous week—and down by 54 compared to this time last year. The number of gas rigs fell by 1 this week, to 108 for a gain of 7 active gas rigs…

Via Metal Miner   Chinese automaker BYD recently appointed Austria’s Voestalpine as its first steel supplier for the planned production plant in Hungary. On June 24, the Linz-headquartered steel industry leader officially announced it will begin supplying autobody and outer-skin components from its rolling mills to BYD’s Szeged plant in Q4 2025. Szeged sits about 180 kilometers south of Hungary’s capital, Budapest, near the national border with Serbia. BYD officially announced plans to build a passenger vehicle factory in…

China has avoided buying U.S. crude oil for three straight months—the longest dry spell since 2018—delivering another hit to American shale producers already struggling with weak prices and rising global supply. According to new U.S. Census data released Thursday, China bought no American crude in May, following a similar freeze in March and April. The gap comes amid ongoing trade tensions between Washington and Beijing and has dragged total U.S. crude exports to their lowest level in more than two years. The timing couldn’t be…

China has avoided buying U.S. crude oil for three straight months—the longest dry spell since 2018—delivering another hit to American shale producers already struggling with weak prices and rising global supply. According to new U.S. Census data released Thursday, China bought no American crude in May, following a similar freeze in March and April. The gap comes amid ongoing trade tensions between Washington and Beijing and has dragged total U.S. crude exports to their lowest level in more than two years. The timing couldn’t be…

India’s Hindustan Zinc is moving into rare earths, but commercial production could take up to five years, underscoring the hurdles of building a domestic supply chain to challenge China's grip on the sector. "This (rare earth) is of strategic interest (to India)," said CEO Arun Misra in an interview, according to Nikkei Asia. The company was the only private bidder to win a monazite mining block in Uttar Pradesh in a government auction in May. However, exploration and reserve analysis will take three to four years. "The first part is exploration…

A U.S. court officer on Wednesday officially recommended awarding a $7.38-billion winning bid to mining firm Gold Reserve and investor group Dalinar Energy for PDV Holding, the parent company of Citgo Petroleum, Reuters reported. The move positions Dalinar as the lead contender to seize control of one of the largest independent refiners in the U.S., capping a high-stakes auction that has drawn scrutiny across the board.  The bid, which is substantially above the $3.7-billion “floor price” approved in April, would mark the largest…

Denmark has taken over the six-month rotating presidency of the Council of the European Union as questions swirl over Europe's security and trade and a war still raging on its eastern flank. "Europe is at a defining moment in time," Danish Prime Minister Mette Frederiksen said in her welcome message as the country took the helm of Europe's leadership from July 1. "The world that secured our freedom and made us prosper can no longer be taken for granted." While there isn’t much Copenhagen can do about some of the issues that will face the…

The floating LNG import terminal in Mukran in the German part of the Baltic Sea achieved in the second quarter record-high gas deliveries for Germany’s gas grid, the terminal operator Deutsche ReGas said in a statement. That’s a stark turnaround from the first quarter of the year, when the Mukran terminal was estimated to have operated at just 5% capacity, per Reuters calculations. Until the end of the first quarter, there have been concerns that the LNG terminals in Germany and France have sat idle for months due to high operating…

The floating LNG import terminal in Mukran in the German part of the Baltic Sea achieved in the second quarter record-high gas deliveries for Germany’s gas grid, the terminal operator Deutsche ReGas said in a statement. That’s a stark turnaround from the first quarter of the year, when the Mukran terminal was estimated to have operated at just 5% capacity, per Reuters calculations. Until the end of the first quarter, there have been concerns that the LNG terminals in Germany and France have sat idle for months due to high operating…

The relatively quiet East Mediterranean appears to be boiling again, following the signing of a new agreement by Turkey and Libya on the delineation of their maritime borders. Ankara is once again pushing East Mediterranean littoral states—Greece, Cyprus, Israel, and Egypt—toward confrontation by asserting longstanding claims over the Economic Exclusive Zones (EEZ) of Athens, Nicosia, and Cairo. Ankara is now actively fueling the fire. In June 2025, Turkey raised tensions by submitting a new maritime map to UNESCO, challenging Greek…

Shell is to file amended regulatory filings after Big Four firm EY told the oil giant it broke audit rules after its lead partner overstayed their time. Shareholders were informed on Wednesday that an unnamed partner at EY who led the 2023 and 2024 audits for the energy giant “had exceeded the period allowed under Securities and Exchange Commission (SEC) audit partner rotation rules”. EY informed Shell on Tuesday that its US opinions on Shell’s previously issued audited consolidated financial statements and effectiveness of internal…

Shell is to file amended regulatory filings after Big Four firm EY told the oil giant it broke audit rules after its lead partner overstayed their time. Shareholders were informed on Wednesday that an unnamed partner at EY who led the 2023 and 2024 audits for the energy giant “had exceeded the period allowed under Securities and Exchange Commission (SEC) audit partner rotation rules”. EY informed Shell on Tuesday that its US opinions on Shell’s previously issued audited consolidated financial statements and effectiveness of internal…

Shell is to file amended regulatory filings after Big Four firm EY told the oil giant it broke audit rules after its lead partner overstayed their time. Shareholders were informed on Wednesday that an unnamed partner at EY who led the 2023 and 2024 audits for the energy giant “had exceeded the period allowed under Securities and Exchange Commission (SEC) audit partner rotation rules”. EY informed Shell on Tuesday that its US opinions on Shell’s previously issued audited consolidated financial statements and effectiveness of internal…

Shell is to file amended regulatory filings after Big Four firm EY told the oil giant it broke audit rules after its lead partner overstayed their time. Shareholders were informed on Wednesday that an unnamed partner at EY who led the 2023 and 2024 audits for the energy giant “had exceeded the period allowed under Securities and Exchange Commission (SEC) audit partner rotation rules”. EY informed Shell on Tuesday that its US opinions on Shell’s previously issued audited consolidated financial statements and effectiveness of internal…

Russia saw its revenues from oil and gas for the budget crash by 33.7% in June from a year earlier—to the lowest level since January 2023, amid weaker commodity prices and a stronger Russian ruble. For June, total budget revenues from oil and gas dipped to $6.3 billion (494.8 billion Russian rubles), according to data from Russia’s finance ministry published on Thursday. Revenues for the first half of the year also fell compared to the same period of 2024. Russia received $60 billion (4.73 trillion rubles) from oil and gas in January…

Abu Dhabi’s national oil company, ADNOC, has restored most of the Murban crude supply to its partners in the onshore fields pumping the UAE’s flagship crude grade, after cuts were made last month, numerous trading sources told Reuters on Thursday. BP, TotalEnergies, China National Petroleum Corporation (CNPC), Zhenhua Oil, Inpex of Japan, and South Korea’s GS Energy are partners of the UAE’s state energy firm in ADNOC Onshore. These equity holders are entitled to receive about 40% of the Murban output, which is around 2.1…

Despite promises to bring consumer bills down, electricity prices in the United States have surged in recent years. According to the U.S. Energy Information Administration (EIA), retail electricity prices have risen more rapidly than the rate of inflation since 2022, a trend that is expected to continue through 2026. Prices have increased by 4.5 percent over the past year, at almost double the rate of inflation for all goods and services. The price increases since 2020 can be blamed largely on the disruption of supply chains during the COVID-19…

Arabian Gulf Oil Company (AGOCO), wholly owned by the National Oil Corporation of Libya, has completed repairs on a crude oil pipeline where a leak was detected at the end of May. AGOCO completed the repairs on the Hamada-Zawiya crude oil pipeline, the company said on Thursday, as carried by Reuters. Zawiya, which lies 25 miles west of Tripoli, is home to the largest operational refinery in the country with a capacity to process 120,000 barrels per day (bpd) of crude oil. The Zawiya refinery is connected to the 300,000-bpd Sharara oilfield, Libya’s…