OPEC+ Holds December Oil Output Targets Ahead of 2027 Quota Decision

OPEC+ has kept December oil production targets unchanged as the Iran war continues to disrupt Gulf…

Rising Energy Prices Add to Cost-of-Living Protests Across Europe

Euro area inflation rose to 3.8 per cent in September 2026, as energy prices increased 18.8…

US Petrol Prices Under Trump Edge Above Biden-Era Average as Midterms Loom

Average US petrol prices under Donald Trump have edged above Joe Biden’s presidential average, while diesel…

Oil Spill Forces Beach Closures Along UAE’s Coast

The UAE has launched containment operations and environmental assessments after a tanker spill off Umm Al…

Heidelberg Materials Pauses German Carbon Capture Project

Heidelberg Materials has paused its €191 million GeZero carbon capture project in Germany, citing weak commercial…

McKinsey: Asia Needs $1 Trillion Annual Energy Investment

Asia may need to invest up to $1 trillion annually in energy over the next 15…

Energy Disruptions Threaten Middle East, North Africa and Pakistan’s Economic Outlook, IMF Says

The IMF forecasts a 1.3% economic contraction across the Middle East, North Africa and Pakistan in…

France Allows 25MW Solar-Plus-Storage Projects

France plans to raise the installed-capacity limit for solar-plus-storage projects from 17MW to 25MW by the…

Euro Weakens as Energy Price Surge and French Unrest Rattle Markets

High oil and natural gas prices, alongside political unrest in France, weakened the euro and intensified…

Google Plans Clean Energy Expansion to Power AI Data Centre

Google and Xcel Energy have proposed adding 1,400MW of wind, 200MW of solar and 300MW of…