Oil prices slide, Brent crude below $90 as pause to U.S.-Iran hostilities app...
Monday, July 27,2026,08:59
Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place. .. read more..
Finland’s radical answer to renewable energy’s biggest headache: The world’s ...
Monday, July 27,2026,08:46
A small Finnish town has turned to the world's largest commercial sand battery to tackle a major hurdle in the energy transition: intermittency. .. read more..
India's Gen Z forced Modi to listen, respond and act — exposing chinks in the...
Monday, July 27,2026,08:41
In a rare occurrence, Modi's government was forced to concede demands of Gen Z protesters, underscoring their rising influence in the country's polity. .. read more..
Arvind Kejriwal announces 'National Town Hall' on E20; to hand over 2 lakh pe...
Monday, July 27,2026,08:38
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European Natural Gas Prices Plunge 8% as U.S.-Iran Tensions Ease
Monday, July 27,2026,08:30
European natural gas prices plunged by 8.6% at the open in Amsterdam on Monday as the United States paused strikes on Iran over the weekend and Tehran signaled a halt to retaliatory attacks across the Middle East. Hopes of de-escalation sank oil prices on Monday in Asian trade, too, with Brent Crude dropping to $90 per barrel. Europe’s benchmark natural gas prices, which had surged in the past two weeks amid the renewed hostilities, retreated on Monday from the multi-month highs of last week, as the market hopes for a diplomatic push to reopen… .. read more..
Oil slides 6% as Iran reportedly signals halt to attacks if U.S. pause holds
Monday, July 27,2026,08:00
Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place. .. read more..
Japan Eyes Foreign Banks to Back $33 Billion U.S. Natural Gas Investment
Monday, July 27,2026,07:45
The Japanese government may approach foreign banks to help finance pledged investments in U.S. natural gas production that are part of Tokyo’s trade deal with the Trump administration, agreed last year. “If financing from foreign banks materialises, it should further facilitate the procurement of foreign-currency funding needed to implement the investment initiative,” the Japanese finance ministry said in an X post, as quoted by Reuters. The publication reported earlier this month that JP Morgan and other U.S. lenders were close… .. read more..
Saudi oil can still get out — but it won’t be cheap or easy
Monday, July 27,2026,07:32
Saudi Arabia faces a challenge rerouting oil exports due to Houthi attacks. An existing pipeline bypasses the Strait of Hormuz, but a new detour is needed. This new bypass requires additional pipelines and significant diplomatic efforts. The kingdom must now push its oil north to avoid the Bab el-Mandeb strait. Urgent action is required as Houthi attacks have already impacted oil tankers. .. read more..
Baker Hughes ups IET orders outlook to $45 billion through 2028
Monday, July 27,2026,07:15
Energy technology and services player wins big on LNG projects .. read more..
Galp raises guidance as ramp-up at Bacalhau and stronger oil prices drive pro...
Monday, July 27,2026,07:00
Portuguese oil major increases guidance for 2026 forecasting higher earnings and production .. read more..
Serica to acquire Pharos in $194 million deal
Monday, July 27,2026,06:56
Boards of Serica and agree on terms of recommended offer .. read more..
China’s Crude Oil Imports Surge
Monday, July 27,2026,06:45
China is likely to have increased its crude oil imports this month, with the daily average at 7.8 million barrels, according to calculations by Kpler, as cited by Bloomberg. Refiners have been buying more Russian crude and have seen more tankers arrive from the Middle East, the report noted. The figure could add fuel to oil’s rally, as the July average would be a solid increase from the 6.2 million barrels daily that Chinese refiners imported in June. That was the lowest import rate for China in over ten years, Bloomberg noted, pointing to… .. read more..
Subcontractor dies in accident at HD Hyundai Heavy Industries' yard
Monday, July 27,2026,06:32
Third fatal accident this month at South Korean contractor's facilities .. read more..
Saipem wins $912 million worth of Eni contracts
Monday, July 27,2026,06:09
Contracts include major subsea engineering, fabrication, transportation and installation deal for Baleine Phase 3 project offshore Ivory Coast .. read more..
Sub-contractor killed at HD Hyundai Heavy Industries' yard
Monday, July 27,2026,04:56
Third fatal accident this month at South Korean contractor's facilities .. read more..
Oil slides 5% as Iran reportedly signals halt to attacks if U.S. pause holds
Monday, July 27,2026,04:51
Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place. .. read more..
Baker Hughes ups ITE orders outlook to $45 billion through 2028
Monday, July 27,2026,03:54
Energy technology and services player wins big on LNG projects .. read more..
Oil Prices Plunge 5% After U.S. and Iran Halt Attacks
Monday, July 27,2026,01:06
Oil prices plunged by more than 5% in early Asian trade on Monday as the U.S. and Iran halted attacks after two weeks of escalation that had driven Brent above $100. At the time of writing, WTI crude was trading at $84.47, down 5.39%, while Brent crude had fallen to $91.80, a decline of 5.15%. The retreat came after Washington signaled on Friday that it would temporarily halt its bombing campaign against Iran. Talking to Face the Nation on Sunday, U.S. Ambassador to the United Nations Mike Waltz said that the pause was "giving diplomacy some space"… .. read more..
China’s Rare Earth Strategy Is Forcing a U.S. Manufacturing Revolution
Monday, July 27,2026,00:00
Beijing is now desperately attempting to bring rare earth manufacturing back inside its own borders, exclusively. New Chinese export restrictions specifically target American plans to begin the country’s first commercial production of rare earth magnet materials by 2027. To counter that move, REalloys (NASDAQ: ALOY) is rebuilding every major stage of North America’s rare earth industry. Over the past two years, the company has assembled heavy rare earth feedstock, separation, metallization, alloy production, and permanent magnet manufacturing… .. read more..
Standard Chartered: Oil Markets Must Now Price Two Middle East Chokepoints
Sunday, July 26,2026,23:00
Oil prices gave up earlier gains on Friday after reports that Pakistan is trying to broker a return to U.S.-Iran nuclear negotiations. China is strongly backing the effort as the conflict and the closure of the Strait of Hormuz continue to threaten its energy security and weigh on its economy. Brent crude for September delivery fell 4.4% to trade at $96.36 per barrel at 1.35 pm ET while WTI crude for September delivery was down 3.6% to change hands at $88.86/bbl. However, Standard Chartered says the latest pullback may prove temporary as Middle… .. read more..
Oil markets reprice risk as US–Iran ceasefire falters again, says GlobalData
Sunday, July 26,2026,21:00
The ceasefire agreed between the US and Iran in June 2026 came under renewed strain in July. US President Donald Trump described the ceasefire as over on July 8, following attacks on commercial vessels in the Strait of Hormuz, and the US military carried out further strikes against Iran. Amid the escalation in the renewed ... .. read more..
Is Europe’s gas market inching towards a winter crisis?
Sunday, July 26,2026,21:00
Hopes that the war in the Middle East might end, allowing energy exports through the Strait of Hormuz to resume, were lifted by the signing of the Memorandum of Understanding (MoU) between the US and Iran on 12 June. Optimism, though, may prove short-lived, as military strikes by both sides ratchet back up. Shipping through ... .. read more..
MIDDLE EAST CRUDE MOC PERFORMANCE: 500,000 barrels change hands for July loading
Sunday, July 26,2026,21:00
Market participants in the Platts Middle East crude Market on Close assessment process have completed physical performance of 500,000 barrels of Oman crude for July-loading, according to trade performance data compiled by Platts, part of S&P Global Energy. Middle East crude cargoes trade on a two-month forward cycle, meaning that product loading in July resulted ... .. read more..
Egypt oil production reaches two-year peak, exports top 2.3m tonnes
Sunday, July 26,2026,21:00
Egypt’s crude oil production has reached its highest level in almost two years, according to Karim Badawi, Minister of Petroleum and Mineral Resources. He said the country’s refining sector is also delivering stronger export performance, with petroleum product exports exceeding 2.3 million tonnes in the first half of 2026, matching the total recorded for all ... .. read more..
Kazakhstan cuts oil output after strikes on CPC terminal
Sunday, July 26,2026,21:00
Kazakh oil companies have cut crude output after loading operations at the Caspian Pipeline Consortium (CPC) marine terminal were suspended following suspected Ukrainian drone attacks on tankers. Loading operations at the CPC’s Black Sea terminal have been temporarily suspended to ensure the safety of vessels, crews and the environment, Kazakhstan’s Ministry of Energy said on ... .. read more..
Westwood Insight – Top 10 Offshore Drillers: ADES’ Acquisition Strategy Lands...
Sunday, July 26,2026,21:00
Saudi Arabia-based Advanced Energy Systems (ADES), which was the third largest offshore driller in terms of managed units (jackups, semisubmersibles, drillships) based on figures at the end of 2024, has catapulted itself into the top spot with 77 units currently under its management – and more pending final contract signings. The former largest manager was ... .. read more..
Cosmetic changes, not reforms. WEI says the European Commission has slightly ...
Sunday, July 26,2026,21:00
The European Commission’s ETS revision, announced on 17 July, slows the pace of the carbon market without changing a single structural feature of it. The Warsaw Enterprise Institute, author of the report “In Search of an Optimal Climate Policy”, argues that Europe does not need a gentler version of a flawed instrument. It needs a ... .. read more..
After the fire: How Ukrainian strikes disrupt local economies around Russian ...
Sunday, July 26,2026,21:00
Measuring the local economic effects of Ukrainian long-range strikes on Russian oil refineries is difficult because reliable local data are scarce and both information and statistics are tightly controlled. This column uses nighttime lights as a proxy for economic activity to show that strikes on fixed industrial assets can generate economically meaningful and persistent local ... .. read more..
U.S. Jet Fuel Costs Soar as Iran War Hits Airlines Again
Sunday, July 26,2026,21:00
U.S. airlines are grappling with soaring jet fuel costs again after the return of hostilities in the Middle East shattered the three-week-long U.S.-Iran ‘deal to make a deal’ and sent Brent crude oil prices soaring past $100 per barrel again. The U.S. jet fuel market has been tightening since March, although there haven’t been concerns about any shortages in America, unlike in Europe, which in April was supposed to run out of stockpiles within six weeks. Europe didn’t see shortages, but the global markets tightened, and… .. read more..
Jogmec keen on greater role in oil and gas exploration
Sunday, July 26,2026,20:19
Japanese government body deploying array of mechanisms to secure energy supply for the nation .. read more..
Revised bids sought for key role on $10 billion-plus disputed Middle East pro...
Sunday, July 26,2026,20:18
Operator KJO aims to further optimise costs for Dorra's project management consultancy contract .. read more..
Argentina’s Oil Production Soars as Vaca Muerta Breaks New Records
Sunday, July 26,2026,19:00
Argentina’s massive shale oil and gas boom is going from strength to strength. The economically crisis-prone South American country yet again reported record monthly oil and natural gas production for May 2026. This couldn’t come at a better time for Argentina and South America. Rising global geopolitical risks, notably due to war in the Middle East, and domestic economic hazards hold the potential to derail the significant economic gains Argentina has made over the last two years. Ministry of Economy data shows May 2026 oil production… .. read more..
Russia crude prices swing wildly amid Iran war: Discounts turned into premium...
Sunday, July 26,2026,18:24
The landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts transformed into premiums amid escalating supply uncertainties. However, an influx of Russian cargoes enabled refiners to boost imports significantly in March. As supply concerns eased and global availability improved, these premiums were eventually decreased. Yet, with renewed hostilities, supply risks and crude oil prices have escalated once more. .. read more..
Russia crude prices swing wildly amid Iran war
Sunday, July 26,2026,18:24
The landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts transformed into premiums amid escalating supply uncertainties. However, an influx of Russian cargoes enabled refiners to boost imports significantly in March. As supply concerns eased and global availability improved, these premiums were eventually decreased. Yet, with renewed hostilities, supply risks and crude oil prices have escalated once more. .. read more..
Better corrosion protection could lift India's GDP by up to 1.5%, report says
Sunday, July 26,2026,18:19
India faces significant annual losses of ₹14 lakh crore due to corrosion. This damage prematurely deteriorates vital infrastructure across various sectors. Effective corrosion protection measures could boost India's GDP by up to 1.5 percent. Current standards lack specific guidance for different climatic conditions. Implementing global benchmarks will enhance infrastructure durability and safety. .. read more..
Ukraine strikes Iranian vessels in Caspian Sea, Tehran accuses Kyiv of 'hosti...
Sunday, July 26,2026,17:11
The latest attacks by Ukraine, combined with Saudi military strikes on Iran-backed Houthi targets in Yemen, represent a widening of the Middle East conflict. .. read more..
Iran says it sold US$18b of oil during war, ceasefire
Sunday, July 26,2026,17:00
Iran’s oil ministry on Saturday said it was able to sell a total of US$18 billion (RM73.6 billion) worth of oil during the war and the ensuing ceasefire with the United States. “The ministry sold US$11.5 billion of oil during the war and US$6.5 billion during the ceasefire” that collapsed earlier this month, the ministry ... .. read more..
Molten Salt Reactors Just Cleared A Major U.S. Regulatory Hurdle
Sunday, July 26,2026,17:00
domestic nuclear energy sector is set to bounce back as the technology finds favor among the public and policymakers alike for its ability to provide round-the-clock clean energy. At a time when data center hyperscalers are driving up energy insecurity and climate deadlines are drawing ever closer, the nuclear option is looking better and better. And not only is the United States trying to kickstart the expansion of traditional nuclear energy, it’s also trying to establish a place at the vanguard of next-gen nuclear energy technologies. Just… .. read more..
Oil Market's Glut Narrative Just Blew Up
Sunday, July 26,2026,16:00
Less than a month ago, analysts were warning of a looming glut of crude oil as tanker traffic via the Strait of Hormuz began to recover amid a U.S.-Iran ceasefire. Within days of these warnings, the ceasefire was a painful memory, missiles were flying again, and now Yemen’s Houthis are striking tankers in the Red Sea, which makes two blocked oil chokepoints and a very real danger of a global recession. Brent crude this week topped $100 per barrel on reports that the Houthis had struck two Saudi tankers in the Bab el-Mandeb Strait, which Saudi… .. read more..
Australia’s Clean Energy Boom Is Gathering Speed
Sunday, July 26,2026,15:00
Australia has big renewable energy ambitions and is well on its way to shifting dependence away from coal to cleaner alternatives. Having long depended on coal, the government now aims to establish a more diverse energy mix to ensure that Australia can be energy self-sufficient in the years to come, while supporting a green transition. This aim is being reflected by market forces, as energy companies invest heavily in a diverse range of energy sources. Australia is home to an extensive ageing coal fleet, meaning the government must decide whether… .. read more..
Asian operator launches deepwater exploration campaign in promising frontier ...
Sunday, July 26,2026,06:15
ONGC's new deepwater exploratory well in the Mahanadi offshore basin marks the next phase in evaluating the basin's commercial potential after the operator reported two gas discoveries in 2024 .. read more..
India must fix gas market, pipelines to unlock LNG opportunity: IGU report
Sunday, July 26,2026,05:27
India's natural gas growth requires infrastructure and industry investment. Market reforms and pricing changes are essential for sustained demand. Global LNG markets are expected to be well supplied, lowering prices. India must enable buyers to respond to short-term price opportunities. Infrastructure bottlenecks and market constraints need addressing for gas adoption. .. read more..
Can an AI Black Box Be Trusted to Run a Nuclear Reactor?
Saturday, July 25,2026,21:00
China has unveiled a daring new plan to integrate artificial intelligence throughout the nuclear energy life cycle. This week, at the World Artificial Intelligence Conference (WAIC) in Shanghai, researchers at the Chinese Academy of Sciences (CAS) revealed a new plan for safely integrating artificial intelligence into the nuclear sector, called ADANES – the Accelerator-Driven Advanced Nuclear Energy System. The system “fundamentally changes the safety logic that governs conventional nuclear reactors” and marks a major turning… .. read more..
The Carbon Capture Boom Is Starting to Crack
Saturday, July 25,2026,19:00
Carbon capture and storage (CCS) technology grew in popularity during the Covid-19 pandemic as several governments and private companies pledged to support a green transition. The use of CCS was expected to help decarbonise hard-to-abate industries until a long-term transition to clean energy could be achieved. However, in recent years, many have become more sceptical about the effectiveness of CCS technologies, as several projects have failed to perform. CCS technology is used to capture carbon dioxide at emission sources, so it can be transported… .. read more..
UCLA Scientists Turn Plastic Waste Into Pure Hydrogen Fuel
Saturday, July 25,2026,17:00
Green hydrogen was supposed to be a silver bullet solution for decarbonizing hard-to-abate sectors like shipping and steelmaking. It was the buzziest technology out there – and then it fizzled out completely. But after years of languishing in labs without reaching any meaningful level of commercialization, hydrogen is making a roaring comeback thanks to back-to-back scientific breakthroughs and renewed interest in the fossil fuel alternative against the backdrop of the global oil and gas crisis brought on by the United States’ and Israel’s… .. read more..
Russian attack cuts power to around 150,000 in Ukraine’s north as Kyiv hits m...
Saturday, July 25,2026,16:10
The update comes as Ukrainian President Volodymyr Zelenskyy welcomed strikes on a key missile components facility in the Russian city of Kirov. .. read more..
EU Backs Off Methane Rules as Energy Security Fears Mount
Saturday, July 25,2026,15:00
The European Commission (EC) has informed EU governments that they should waive penalties for oil and gas companies that breach its methane emissions law for the next three years, owing to pressure from the United States government to scrap the rules. While the decision is not binding, many member states are expected to follow the EC’s advice. The EC made the move after the U.S. and Qatar, as well as oil and gas industry groups and most EU member states, voiced concerns about the strict rules and demanded change. Several states feared… .. read more..
ONGC starts drilling first deepwater well in Mahanadi basin under Samudra Man...
Saturday, July 25,2026,10:47
ONGC began drilling its first deepwater exploratory well in the Mahanadi offshore basin. This ambitious campaign aims to tap India's vast hydrocarbon resources. The government has opened nearly one million square kilometers for exploration. Recent successes strengthen the outlook for offshore exploration efforts. .. read more..
The Strait of Hormuz Closure Is Already Hitting Supermarket Prices
Friday, July 24,2026,23:00
Crop prices just hit a three-year high, indicating major downstream pain soon to come at the supermarket. There are two major factors leading to high crop prices and a potential global food crisis: heat waves and intensifying conflict in the Black Sea threatening to disrupt global grain trades, and volatility in fertilizer markets stemming from the war in Iran and the closure of the Strait of Hormuz. The International Food Policy Research Institute (IFPRI) is referring to the unfolding situation in fertilizer supply chains as an “input crisis”… .. read more..
European gas futures hit four-month highs, set for fourth weekly gain
Friday, July 24,2026,21:00
European wholesale natural gas prices hovered to four-month highs on Friday, putting benchmark contracts on track for a fourth consecutive week of gains – their longest weekly winning streak since May last year – as intensifying Middle East transit disruptions and warnings over low regional storage levels fueled winter supply fears. The Dutch front-month contract ... .. read more..