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FinanceTime
  • August 22nd, 2026

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LATEST NEWS FROM ENERGY

August 10th, 2026
Energy

Indian retailers' losses on domestic LPG sales narrow in August

India's state fuel retailers' revenue loss on the sale of ​liquefied petroleum gas (LPG), mainly used as ‌cooking fuel, has narrowed to 188 rupees ($1.97) per 14.2-kilogram cylinde...
August 10th, 2026
Energy

India's CESC unit to acquire renewable assets from ReNew Solar for $510 million

India's CESC said on Monday its renewable energy platform Purvah Green Power ​will buy a 1.4-gigawatt operational solar ‌portfolio from ReNew Solar Power for 48.59 billion rupees (...
August 10th, 2026
Energy

Romania says nuclear reactor can run for nine days after redirecting Danube water

Romania said its only working nuclear reactor can operate ‌for a further nine days after it redirected the flow of the drought-hit Danube river to supply the turbines with water.
August 10th, 2026
Energy

Hungary switching one Paks turbine back on as Danube level rises

Hungary started to switch back on a turbine at the Paks nuclear plant on Monday after a rise in water levels on ​the Danube river which cools the plant, offering some relief to ‌th...
August 10th, 2026
Energy

UK's Serica says $197 million bid for Pharos is final

Serica Energy will not be raising its £145.7 million ($196.59 million) proposal for peer oil and gas producer ​Pharos Energy , the British company said on Monday, days ‌after Israe...
August 10th, 2026
Energy

ADNOC Gas profit slumps 52% but beats company's guidance

ADNOC Gas reported a 52% slide in second-quarter profit on Monday, as the Abu Dhabi state-owned company's sales dropped due to ​the closure of the Strait of Hormuz after the U.S. ‌...
August 9th, 2026
Energy

Oil rises as uncertainty continues over reopening of Strait

Oil prices rose ​on Monday as uncertainty ‌continued over the reopening of ​the Strait ​of Hormuz as Iran ⁠said a ​deal with ​Oman defining new shipping lanes was in ​its final ​st...
August 9th, 2026
Energy

Fire extinguished at Aramco refinery in Jazan, Saudi Arabia says

Firefighters extinguished a fire that broke out early on Sunday at a facility at Aramco's Jazan ​refinery in southwestern Saudi Arabia, the Saudi Energy Ministry ‌said, adding that...
August 8th, 2026
Energy

Libya's Waha Oil says it contained leak on Zaqout-Sidra pipeline, pumping resumed after repairs

Libya's Waha Oil Company said in ​a statement on Saturday ‌it contained a leak on the Zaqout-Sidra pipeline within ​24 hours of ​detecting it during routine ⁠inspection and resumed...
August 8th, 2026
Energy

UAE says Iran attacked ADNOC vessel with missile in Strait of Hormuz

The United Arab Emirates on Saturday condemned what it said was an Iranian attack on a carrier linked to its state oil company ​as it passed through the Strait of Hormuz, accusing ...
August 8th, 2026
Energy

Fire at Russia's Ilsky oil refinery put out after Ukrainian drone attack

A fire ​at the Ilsky oil refinery in Russia's ‌southern Krasnodar region has been extinguished, local authorities said on Saturday, adding that it had ​been caused by debris from a...
August 7th, 2026
Energy

Middle East buyers interested in LNG cargoes from Canada, Pacific Energy says

Buyers in the Middle East are looking to secure liquefied ​natural gas from Canada as a hedge against geopolitical turmoil, the president of the company that majority-owns Canada's...
August 7th, 2026
Energy

Petrobras likely to exceed oil production forecast for the year, says CEO

Brazil's state-run ​oil firm Petrobras ‌will "very likely" exceed its forecast for ​oil production ​in 2026, CEO Magda ⁠Chambriard told ​analysts during an earnings ​call on Friday...
August 7th, 2026
Energy

Oil India posts quarterly profit surge on crude price jump, higher production

Indian explorer Oil India reported a more than three-fold jump in first-quarter profit on ​Friday, helped by higher crude price realisations ‌and increased production.
August 7th, 2026
Energy

Drone attacks reduce July CPC oil loadings by a fifth, sources say

Drone attacks in the Black Sea took out a fifth of Caspian Pipeline Consortium (CPC) oil loadings in July, four sources familiar with the data ​said, as the Russia-Ukraine war spil...
August 7th, 2026
Energy

Vistra quarterly profit slips on hedging losses despite strong power demand

Vistra Corp reported a slight decline in second-quarter profit ​on Friday, as unrealized losses on commodity hedges outweighed ‌strong growth in its power generation business amid ...
August 7th, 2026
Energy

Norway will speed up onshore wind power developments, government says

Norway's government on Friday presented plans to cut red tape and shorten processing of applications to build new onshore ​wind power plants and transmission lines, amid concerns t...
August 7th, 2026
Energy

India seeks to boost domestic green ammonia supplies to fertiliser sector

State-owned Solar Energy Corporation of India is looking to supply an additional 1 million metric tons of locally produced ​green ammonia to fertiliser makers annually, its managin...
August 7th, 2026
Energy

Inpex raises full-year guidance on higher oil prices and LNG project

Japanese oil and gas explorer Inpex Corp raised its full-year profit forecast by ​up to 46% to a record 510 billion ‌yen ($3.22 billion) on Friday, citing higher oil prices and str...
August 7th, 2026
Energy

India's Reliance books supertanker at record freight price to lift Iraqi crude

India's Reliance Industries has paid a record $23 million to $25 million to charter ‌a supertanker to lift Iraqi crude, pointing to a limited pool of ships available in the Gulf an...
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The Wire
Aug 21st 1 day ago
Government

Trump administration moves to end attorney group's law scho...

Aug 21st 1 day ago
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Aug 21st 1 day ago
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Lula, Trump discuss tariffs in phone call, Brazil says

Aug 21st 1 day ago
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US plans $725 million payment towards its large UN debt

Aug 21st 1 day ago
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NATO members discuss Strait of Hormuz options without allia...

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Aug 21st, 2026 Americas

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Aug 21st, 2026 Litigation

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