New article out in New Political Economy: “Performing Energy: The IEA and the Conflicting Imaginaries of Capitalist Energy Transition” 🔗 https://t.co/gvoKycIeUX It explores how the @IEA doesn’t just model the future—it actively tries to shape it. A few key points: 🧵

President Xi Jinping of China delivered his country's 15th five-year economic blueprint today. The below are the highlights about energy / climate change:

#China, the world's largest crude oil buyer, is adding eleven new oil reserve sites this year and next as Beijing accelerates stockpiling the strategic commodity to safeguard supply security, according to public sources reviewed by Reuters. Three of the 11 sites are inland, in

Tom Friedman’s first law of petropolitics.

Oil and gas groups spend $500bn a year ‘to stand still’ as fields decline, says IEA

The conflict over the International Energy Agency's projections reflects a conflict over capital allotment today. The organization is at the center of a brawl over who gets to perform the future of energy, and for what interests.

BREAKING: Miners Anglo American and Teck Resources merge in a zero premium deal, creating one of the world's top copper producers. "Anglo Teck" will relocate its headquarter from London to Vancouver. But it will retain the primary listing in the UK.

@ewangibbs Open source link:

US fracking and UK North Sea oil were what @ewangibbs and I call late-imperial booms: national fossil fuel projects imagined as restoring energy security and geopolitical power amid imperial decline. Our paper compares their convergences & limits.

*New research article* @EckhouseGabe and I for Geoforum on how since the 1970s North Sea oil and then fracking have been imagined as British and American national energy sources through imperial oil booms reinforcing old oil powers. Read it here⬇️ https://t.co/79maaDqqv7

The spending required to build the data centres needed to power the AI era will be one of the biggest movements of capital in modern history. Who will pay for the $3tn AI building boom? We take a look here: https://t.co/icgpeSWpNw

Tim Cook: It is engraved for President Trump. It is a unique unit of one. And the base comes from Utah, and is 24 karat gold.

People asked for certainty so I triple checked the data! But the trend is there. Vietnam (and Vinfast) is killing it! Check out my latest unpacking how emerging markets are reshaping the EV narrative and the lessons for policymakers everywhere https://t.co/iDB8zUAsAP

Same for natural gas. New @IEA quarterly report: "natural gas demand growth is forecast to accelerate in 2026, sending total demand to a new all-time high." Peak by 2030, as IEA previously projected, seems highly unlikely.

🚨 U.S. Oil Production has now declined on a year-over-year basis for the first time since 2021 - Barchart

Any delay in the development of the Jafurah liquid-rich shale gas play is important because: 1) it's slated to add >600,000 b/d of liquids (condensates / NGLs rather than crude) by 2030 2) its gas supply is key to displace crude in KSA electricity generation, cutting oil demand

In 2000, China accounted for 6% of global manufacturing. In 2030, China is projected to account for 45% of global manufacturing. This kind of shift is unprecedented in the modern world economy.

Oil rigs in the Permian shale basin - Baker Hughes #oott

BP will enter into an important contract with Libya to explore the redevelopment of two giant oil fields.

Despite the risks, fossil fuel use in food systems is still growing. Our new #FuelToFork report shows how this dependence is being reinforced by a handful of powerful actors. Scroll to see what’s keeping the system stuck and where change can begin ⤵️ https://t.co/UoxbhUnY2V

Voices from #Tehran. Unlike what we often hear, it's not true to say that we don't have access to what #Iranians think. This war has been exhausting. Most want ceasefire to last, but are unsure it will. My latest w/ @NadaOHomsi @TheNationalNews https://t.co/nxv2fW7VBj