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voltsdaily

Saturday, 26 September 2026

73 briefs so farlast update 23:50 UTC

Key points

  • Fuel Oil Stocks Run 30% Below Seasonal Norms as Refiners Chase Diesel.
  • Saudi-led coalition intercepts six projectiles over Yanbu and Taif as Iran floats Hormuz reopening.
  • Brent Crosses USD 104 as Iran Tensions Flare, Then Slips on Diplomacy.
  • PPL Electric Utilities gets up to USD 71.5 million for grid upgrade.

Policy & Geopolitics

Scotland extends Emergency Heating Oil Scheme into winter

The Scottish Emergency Heating Oil Scheme, originally due to close at the end of this month, will continue into the winter, according to the Herald Scotland.

The Scottish Government has issued more than 6,700 payments under the scheme since its launch, aimed at helping households in the greatest need cover the cost of keeping their homes warm.

Source: heraldscotland.com (opens in a new tab)2 sourcesPermalink

Policy & Geopolitics

German parliament approves fuel tax cut from October to December

The German parliament approved a fuel tax cut aimed at easing the burden on motorists as pump prices climbed, according to dpa international.

Taxes on petrol and diesel are to be reduced by a combined 17 cents per litre, with the measure running from October 1 to December 31, dpa international reported.

The second fuel discount is set to cost the federal and state governments around EUR 2.5 billion, according to Sonnenseite.

Source: dpa-international.com (opens in a new tab)2 sourcesPermalink

Policy & Geopolitics

G20 energy ministers back clean cooking declaration at Houston meeting

The Department of Energy hosted G20 counterparts in Houston from September 14 to 16, 2026 for the G20 Energy Abundance Ministerial, the department said.

Participants agreed on four deliverables: expanding energy access and narrowing the clean cooking gap, securing supply chains, building infrastructure and strengthening water resilience.

Ministers signed a declaration supporting affordable, reliable and scalable options to close the clean cooking access gap, including liquefied petroleum gas. LPG has driven roughly 75% of global gains in clean cooking access since 2010, the department said.

Source: energy.gov (opens in a new tab)1 sourcePermalink

Policy & Geopolitics

Germany Targets 2045 Fossil Phase-Out as Heat Pumps and EVs Lead Strategy

The German government has drawn up a plan to phase out coal, oil and gas by 2045, with electrification prioritised for vehicles and heating systems, according to idnfinancials. In the buildings sector, heat pumps are expected to become the country's main heating system in the coming years, the outlet reported.

The strategy lands against a global energy balance in which heat remains the largest and least decarbonised segment. Citing REN21 and IRENA, mexicobusiness.news reported that heat accounts for roughly 48% of final energy consumption worldwide, compared with 23% for electricity and 29% for direct fossil fuels. Only about 10% of that heat currently comes from renewable sources, according to the same outlet.

Source: mexicobusiness.news (opens in a new tab)2 sourcesPermalink

Policy & Geopolitics

Kazakhstan allows crypto miners to generate power from excess oil-field gas

Kazakhstan is allowing crypto miners to generate their own electricity with excess associated gas from oil fields, according to Euronews.

Electricity from autonomous generation systems may be allocated to digital miners when the underlying resources are not required by the state, TokenPost reported.

The framework is intended to shift crypto mining toward autonomous generation at production sites rather than greater reliance on the national grid, according to TokenPost.

Source: euronews.com (opens in a new tab)2 sourcesPermalink

Policy & Geopolitics

Latvia and Bulgaria approve temporary fuel excise cuts

Event Registry reported that Latvia's parliament approved temporary excise-duty reductions on diesel and unleaded petrol from 1 October through the end of 2026.

The three-month measure is forecast to reduce state general budget revenue by EUR 14.4 million, according to Event Registry.

Event Registry reported that Bulgaria's Parliament approved zero excise duty on natural gas and LPG used as motor fuel from 1 October through 31 December 2026.

The measure is expected to reduce budget revenue by about EUR 20 million over three months, according to Event Registry.

Source: rte.ie (opens in a new tab)2 sourcesPermalink

Policy & Geopolitics

Ukraine launches eight-country Carpathian cooperation format

Ukraine launched a Carpathian regional cooperation format linking eight countries across security, energy, transport, investment and cross-border trade, according to Event Registry.

The eight Carpathian Initiative countries prepared a portfolio of approximately 100 projects valued at nearly EUR 40 billion, with around 550 business representatives expected to participate, Event Registry reported.

Ukrainian President Volodymyr Zelenskyy proposed creating a Carpathian wind energy cluster with 1.5 GW of capacity, according to Event Registry.

Ivan Us said the Carpathian Initiative could support alternative routes for supplying energy resources and goods to Europe without Russia's involvement, Event Registry reported.

Source: en.interfax.com.ua (opens in a new tab)2 sourcesPermalink

Policy & Geopolitics

Guyana urges Venezuela to accept forthcoming Essequibo ruling

Guyana wants Venezuela to accept the forthcoming International Court of Justice judgment on Essequibo, while Caracas is demanding direct negotiations, according to Event Registry.

Guyana's President Irfaan Ali urged Venezuela to abide by the ruling and said Guyana would also comply, Event Registry reported.

Venezuela says it will not recognize the judgment, according to Event Registry.

Source: latinamericanpost.com (opens in a new tab)2 sourcesPermalink

Policy & Geopolitics

China could cut fuel exports in October as inventories fall

China could lower fuel exports in October as domestic gasoline and diesel inventories have fallen to multi-year lows, Event Registry reported.

GL Consulting estimates that exports will decline as state-owned refiners prioritize domestic energy supply security.

China has not issued its October fuel export quota plan to refiners, according to Event Registry.

Source: idnfinancials.com (opens in a new tab)2 sourcesPermalink

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