Energy

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

Brent Crude Reclaims $110 as Middle East Tensions Escalate

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

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

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

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

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

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

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

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

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

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…
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