Energy
LATEST NEWS FROM ENERGY
Energy
Coal India plans Singapore trading hub in hunt for critical mineral assets, sources say
The world's largest coal producer, Coal India Ltd , is setting up its first overseas trading office in Singapore, aiming to diversify into trading iron ore and critical and strate...
Energy
Russian-held Zaporizhzhia nuclear plant loses external power supply
The Russian-controlled Zaporizhzhia nuclear power plant in Ukraine has switched to emergency diesel generators after damage to a high-voltage line caused the facility to lose ex...
Energy
Oil gains on Middle East supply concerns amid impasse in US-Iran war
Oil prices climbed on Thursday on concerns the impasse in the U.S.-Israeli war against Iran will continue to disrupt supply from the key Middle Eastern producing region and tighte...
Energy
Brazil's largest thermal power plant shut down after equipment failure
Brazil's largest thermal power plant, GNA II, said on Wednesday its operations have been interrupted since August 10 after a failure in the steam turbine circuit breaker affecte...
Energy
SLB, Formentera working to activate drilling rigs in Venezuela, executives say
Oil service provider SLB and private equity firm Formentera Partners are working to either reactivate oil rigs in Venezuela or import additional rigs into the country in the comin...
Energy
Hungary's nuclear plant avoids shutdown as water level expected to stay high enough
Hungary's Paks nuclear plant averted a complete shutdown as water levels on the Danube river, its main coolant source, are expected to stay high enough near the plant due to engi...
Energy
LG Energy, once fixed on EV batteries, jumps to Plan B
A few years ago, battery manufacturer LG Energy Solution was racing to make cells for electric vehicles. Today, its focus has mostly flipped to a new product: energy storage batt...
Energy
Chilean miner SQM's shares rise after earnings beat, higher lithium outlook
Shares of Chilean miner SQM rose on Wednesday after the company posted a strong second-quarter earnings beat, lifted its 2026 lithium demand outlook and gave investors fresh deta...
Energy
Turkey is ready to search for oil and gas in Syria, Turkish minister says
Turkey is ready to work with Damascus to look for oil and gas in Syria, Turkish Energy Minister Alparslan Bayraktar said on Wednesday.
Energy
Moscow's fuel stations limit sales amid shortages
Fuel stations in Moscow have reimposed limits on gasoline purchases due to fuel shortages linked to Ukrainian drone attacks on refineries and strong seasonal demand, according to ...
Energy
Oil exports from Russia's western ports drop 15% below plan, traders say
Oil shipments from Russia's western ports have fallen to about 2.3 million barrels per day in the first half of August, 15% below the initial loading plan, because of disruptions...
Energy
US, Indian fuel exporters profiting from supply uncertainty during wars
Oil refiners in India and the U.S. are reaping a bonanza as wars in Iran and Ukraine have disrupted global fuel supplies, driven up prices, and left importers scrambling for barrel...
Energy
Britain's energy price cap to hit three-year high in October, Cornwall Insight says
Britain's domestic energy price cap is forecast to rise about 4% in October to a three-year high, analysts at Cornwall Insight said on Wednesday, with higher wholesale costs due ...
Energy
UK's Ithaca ups dividend forecast, says Rosebank could produce in early 2027
Oil and gas producer Ithaca Energy raised its 2026 dividend forecast on Wednesday, buoyed by robust cash generation and growth in half-year production, as it laid out details on w...
Energy
Indian rupee volatility bets sink to seven-month low on sustained RBI intervention
The Indian rupee was nearly flat in early trade on Wednesday, withstanding strain from higher oil prices and a global bond rout, as the Reserve Bank of India's persistent interve...
Energy
Energy producer Santos beats H1 profit estimates, sees second-half output rising
Australian oil and gas producer Santos reported a smaller-than-expected drop in its first-half profit and forecast higher production in the second half as its Barossa and Pikka pr...
Energy
Oil extends climb on prolonged Hormuz export uncertainty
Oil prices climbed for a fourth straight day on Wednesday as investors weighed conflicting messages from Tehran and Washington on whether the Strait of Hormuz is open to ships.
Energy
About half of Venezuela oil output now goes to US, Under Secretary Haustveit says
U.S. Energy Under Secretary Kyle Haustveit said on Tuesday that about half of Venezuela's oil output is now being exported to the U.S.
Energy