Energy
Track oil, gas, electricity, renewables, nuclear power, energy markets, infrastructure and global supply trends.
Saudi Arabia postpones Future Investment Initiative to 2027 following Houthi strikes on Riyadh
5 days ago
Saudi Arabia postpones Future Investment Initiative to 2027 following Houthi strikes on Riyadh
The postponement follows a significant escalation in regional hostilities. On October 10, Houthi forces launched an attack on King Khalid…
Macron Launches Gulf Tour to Stabilize Oil and Diesel Supplies
5 days ago
Macron Launches Gulf Tour to Stabilize Oil and Diesel Supplies
Macron arrived in Kuwait, a member of the Organization of the Petroleum Exporting Countries (OPEC), where he was received by…
BMI estimates Nigeria’s petrol discount to cost 0.4% of GDP amid IMF caution against broad subsidies
5 days ago
BMI estimates Nigeria’s petrol discount to cost 0.4% of GDP amid IMF caution against broad subsidies
The intervention requires the Nigerian National Petroleum Company Limited (NNPC) retail arm to sell petrol at cost, forgoing profit margins,…
Hungary Names New MVM CEO as Budapest Pursues Romanian Gas to Cut Russian Dependence
5 days ago
Hungary Names New MVM CEO as Budapest Pursues Romanian Gas to Cut Russian Dependence
Leadership Overhaul at MVM On Tuesday, Hungarian Economy and Energy Minister István Kapitány announced the dismissal of MVM CEO Károly…
Brent Crude Retreats to $108.30 as Sanctions Easing Fears Weigh on Global Oil Markets
5 days ago
Brent Crude Retreats to $108.30 as Sanctions Easing Fears Weigh on Global Oil Markets
As of the latest market close, Brent crude, the global benchmark for seaborne oil, traded at $108.30 per barrel. In…
Romania’s Cernavoda NPP Cuts Profit Forecast as Danube Low Waters Delay Reactor Restart
6 days ago
Romania’s Cernavoda NPP Cuts Profit Forecast as Danube Low Waters Delay Reactor Restart
The Cernavoda NPP, located on the banks of the Danube approximately 100 kilometers east of Bucharest, relies on the river…
Selangor launches probe into seven petrol stations over RON95 water contamination claims
7 days ago
Selangor launches probe into seven petrol stations over RON95 water contamination claims
Muhamad Hanif Asa'ari, the director of the Selangor Domestic Trade and Cost of Living Ministry (KPDN), confirmed that the ministry…
Pakistan Trims Petrol Prices by 3.93 Rupees as Global Platts Rates Dip, Diesel Held Steady
1 week ago
Pakistan Trims Petrol Prices by 3.93 Rupees as Global Platts Rates Dip, Diesel Held Steady
The decision is anchored in the technical mechanics of the petroleum pricing mechanism overseen by the Oil and Gas Regulatory…
NNPC Reverses Discount as Petrol Price Jumps to ₦1,405 Amid Election-Year Energy Tensions
1 week ago
NNPC Reverses Discount as Petrol Price Jumps to ₦1,405 Amid Election-Year Energy Tensions
The latest adjustment, verified by checks on Friday, saw NNPC raise its petrol price by ₦35 per litre, moving from…
Brent Crude Reclaims $110 as Middle East Tensions Escalate
1 week ago
Brent Crude Reclaims $110 as Middle East Tensions Escalate
The immediate catalyst for the price jump was a report that Saudi Arabia-led forces had intercepted and destroyed missiles aimed…