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The Overlooked Power of Heat Batteries in the Energy Transition January 26, 2026
In the global race to decarbonize energy systems, attention tends to focus on the headline technologies like hydrogen, carbon capture, electric vehicles, and massive lithium-ion batteries. Yet behind the scenes, a quieter revolution is taking shape. Across Europe and beyond, heat batteries, or thermal energy storage systems, are emerging as one of the most efficient, […]
Lukoil Asks Moscow for Aid as Oil Sells at Steep Discounts January 26, 2026
Lukoil has approached the Russian government seeking changes to the oil tax formula as discounts on Russian crude exceed $20 per barrel, a level that would force producers to make net payments into the budget rather than receive compensation, according to The Moscow Times, citing Izvestia. The request comes as Russia’s largest private oil producers […]
Georgia Scrambles After Leak Reveals Rising Dependence on Russian Gas January 26, 2026
Officials are in damage-control mode in Georgia after the supposed unauthorized publication of a late 2025 state decree showing that the government’s reliance on Russian natural gas imports is growing and Tbilisi is now paying more for Russian imports than it has in the past. Earlier in January, Russia’s state-owned Gazprom announced it supplied 40.4 percent more […]