Category: Energy
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Nigeria’s national generation fell to 1,132 megawatts on the night of 22 August, from more than 4,000 earlier that day, with twelve plants showing zero output. No cause was given. The country’s real electricity cost does not appear in the tariff at all — it appears in the generators people have to buy.
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US Central Command says it struck three Iranian oil tankers on Friday after the Revolutionary Guard fired at two American navy vessels. Tankers are not bases: they carry civilian crews from countries with no part in this.
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Blasts were heard near Kharg Island this morning. One Iranian agency says the origin is unknown and no smoke was visible; another says the US hit a tanker. Nobody has confirmed anything — which is the story worth understanding.
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Buenos Aires has opened sanction proceedings against 45 people and companies over oil work around the Falkland Islands. The firms involved mostly do not trade in Argentina — which is why the interesting part is the shareholders, directors and suppliers.
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The US added nearly 5 GW of land-based wind in the second quarter while the pipeline behind it shrank. Those measure different years — and the number worth watching is the one nobody reports.
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The Commerce Secretary says data centres don’t use water. That is true of some designs and false as a general claim — and an EPA proposal would remove the public’s right to comment on their air pollution.
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Chevron will put $7bn into Venezuela and more than double production. Exxon, asked the same week whether anything had changed since it called the country uninvestable, said nothing had. One of those two judgements will turn out to be wrong.
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Seventeen fields, 65 billion barrels, 25 years, a 55 per cent US stake and the right to buy at cost. No text has been released, and the terms that decide whether it is worth anything are the ones not published.
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The US Strategic Petroleum Reserve fell to 289.7 million barrels, its lowest since November 1982. The stockpile is not empty — but the reserve’s usefulness is measured in barrels per day, not barrels, and that number has fallen too.
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Iran’s foreign minister says US officials are gaming energy markets for personal gain and keeping the president in a losing war. No evidence was published, no names given. Why the claim is worth reporting anyway — and how to read it.