Energy

Track oil, gas, electricity, renewables, nuclear power, energy markets, infrastructure and global supply trends.

South African fuel prices face steep October hike as Middle East tensions drive costs up

South African fuel prices face steep October hike as Middle East tensions drive costs up

The proposed increase represents a significant jump in consumer costs. For a standard 50-litre tank, the cost of filling up…
Oil Prices Surpass $108 as Trump Rejcts Iranian Peace Proposal, Heightening Strait of Hormuz Risks

Oil Prices Surpass $108 as Trump Rejcts Iranian Peace Proposal, Heightening Strait of Hormuz Risks

Geopolitical Pivot Points to Supply Security The Strait of Hormuz remains the most critical chokepoint for global energy supply, serving…
Middle East Conflicts Trigger Europe’s Biggest Fuel Price Surge Since 2022

Middle East Conflicts Trigger Europe’s Biggest Fuel Price Surge Since 2022

The current crisis is driven by a quartet of adverse factors converging on global supply chains. In addition to the…
Czech Republic, Slovakia agree €40m deal to reverse Druzhba oil pipeline flow

Czech Republic, Slovakia agree €40m deal to reverse Druzhba oil pipeline flow

Czech Industry Minister Karel Havlíček announced the initiative on March 18, following negotiations in Prague with Slovak Economy Minister Denisa…
UK Committee Urges Government to Reject Creditor Bid and Nationalise Thames Water

UK Committee Urges Government to Reject Creditor Bid and Nationalise Thames Water

Thames Water, the UK’s largest water utility with 16 million customers, is burdened by approximately £20 billion in debt. The…
Germany Faces Lowest Winter Gas Storage Levels in 15 Years Amid Price Volatility

Germany Faces Lowest Winter Gas Storage Levels in 15 Years Amid Price Volatility

The immediate effect of these low storage levels is heightened vulnerability to supply shocks. Experts caution that an unusually cold…
Barrick to spend $136 million closing Pascua-Lama, revives exploration near site

Barrick to spend $136 million closing Pascua-Lama, revives exploration near site

The original Pascua-Lama plan, which straddled the border between northern Chile and Argentina, contemplated an open-pit operation that would have…
Oil Rises as Trump Rejects Iran’s Strait of Hormuz Reopening Proposal

Oil Rises as Trump Rejects Iran’s Strait of Hormuz Reopening Proposal

The immediate market reaction was bifurcated but distinct. Crude oil benchmarks advanced as traders priced in the risk of continued…
UK reviews emergency fuel rationing plans as Hormuz closure drives prices to 18-month highs

UK reviews emergency fuel rationing plans as Hormuz closure drives prices to 18-month highs

The urgency of the review stems from the ongoing conflict involving Iran, which has led to the blockade of the…
Vietnam Fuel Prices Hit 4-Month High as Global Supply Disruptions Tighten Grip

Vietnam Fuel Prices Hit 4-Month High as Global Supply Disruptions Tighten Grip

Sharp Adjustments and Fiscal Interventions The pressure on Bac’s business is part of a broader trend of consecutive price hikes…
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