Energy
Track oil, gas, electricity, renewables, nuclear power, energy markets, infrastructure and global supply trends.
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…
Middle East fuel oil exports lag pre-war levels by 800,000 tons monthly
1 week ago
Middle East fuel oil exports lag pre-war levels by 800,000 tons monthly
Kieran, head of Asian operations at Vitol, stated at an industry event that exports of high-sulfur fuel oil from the…
Record Danube Drought Forces Total Shutdown of Romania’s Cernavodă Nuclear Plant
1 week ago
Record Danube Drought Forces Total Shutdown of Romania’s Cernavodă Nuclear Plant
The shutdown is not the result of a mechanical failure or safety breach, but rather a direct consequence of hydrological…
Fuel shortages trigger long queues, remote work orders in Bali
1 week ago
Fuel shortages trigger long queues, remote work orders in Bali
The disruption stems from delays in fuel distribution after a tanker encountered trouble discharging its cargo, according to Simon Aloysius…
Türkiye Faces ₺3.9 Diesel Hike as Hormuz Crisis Drives $14 Billion Energy Bill Spike
1 week ago
Türkiye Faces ₺3.9 Diesel Hike as Hormuz Crisis Drives $14 Billion Energy Bill Spike
The driver of these hikes is not merely domestic policy but the direct transmission of global market shocks. International benchmark…
EU Proposes Tax Relief and Storage Coordination to Manage Middle East Energy Shock
1 week ago
EU Proposes Tax Relief and Storage Coordination to Manage Middle East Energy Shock
The core of the new strategy, detailed in draft proposals seen by Reuters, centers on fiscal flexibility and logistical coordination…
Oil Majors Confront $32bn Capital Allocation Challenge Amid Iran Conflict
1 week ago
Oil Majors Confront $32bn Capital Allocation Challenge Amid Iran Conflict
For years, the investment thesis for integrated oil majors has been defined by a tension between short-term cash generation and…
Danube Drought Forces Historic Paks Nuclear Shutdown, Pushing Hungary Toward Energy Emergency
1 week ago
Danube Drought Forces Historic Paks Nuclear Shutdown, Pushing Hungary Toward Energy Emergency
The technical constraint is direct and severe: nuclear reactors require a consistent and substantial flow of water to remove heat…
Oil Prices Rise on Saudi Aramco Attack Reports and Hormuz Tensions
1 week ago
Oil Prices Rise on Saudi Aramco Attack Reports and Hormuz Tensions
Reports indicated that Saudi Arabia faced fresh security challenges, with specific attention on the safety of its major oil infrastructure.…
Equinor, Eneco Lock In 9 TWh Gas Deal Amid European Price Volatility
1 week ago
Equinor, Eneco Lock In 9 TWh Gas Deal Amid European Price Volatility
Under the terms of the agreement, equinor will supply roughly 0.9 billion cubic meters (bcm) of natural gas annually. While…