News & Map

North Sea gas discovery twice as big after appraisal success with tie-back on the table

Appraisal activities have doubled a North Sea gas discovery’s estimate, with a potential tie-back to existing infrastruc...

Analysis: China’s clean-tech exports in 2026 to avoid as much CO2 as Brazil emits in a year

China’s exports in 2026 of clean-energy technologies, such as solar panels, batteries and electric vehicles, are on trac...

Oil prices fall as renewed U.S.-Iran peace efforts ease supply fears

Oil prices declined Thursday as prospects of renewed peace negotiations eased fears of supply disruptions stemming from ...

South Korea says considering deployment options to Strait of Hormuz, including aircraft

SEOUL, Oct 29 (Reuters) - South Korea's National Security Adviser Wi Sung-lac said on Thursday that Seoul was still cons...

Shell lifts buyback as high oil price drives bumper profits

Oil major reports adjusted earnings of $10.8bn for the third quarter, its second highest on record

KHNP-Daewoo deal derailed on W25tr Czech nuclear project

Korea Hydro & Nuclear Power has ended construction contract negotiations with a Daewoo Engineering & Construction-led co...

South Korea says considering deployment options to Hormuz Strait

South Korea says considering deployment options to Hormuz Strait South Korea's National Security Adviser said on Thursda...

Sitting Ducks or Strategic Shields: What Does the Small Reactor Promise Mean for Future Conflicts?

Amid the rapid expansion of AI and data centers alongside growing climate commitments as the demand for clean energy ris...

Renault, EDF plan vehicle-to-grid charging offer for 2027

Renault Group and EDF will launch a home charging service in France in summer 2027, combining electric vehicles, bidirec...

UKTMO: Vessel reported on fire in Hormuz Strait, off the coast of Oman 

UKTMO: Vessel reported on fire in Hormuz Strait, off the coast of Oman The United Kingdom Maritime Trade Operations rece...

Shell Reports Second-Highest Profit Ever as Refining Hits Record

Shell Plc reported the second-highest profit in its history on the back of record oil refining margins as the Iran war a...

Nigeria: Govt Approves East, West Super Grids to Raise Transmission Capacity to 19,000MW

[Vanguard] ·Pays N1.23trn of N3.3trn power sector debt

Huge investment to keep first UK-France interconnector running until at least 2050

The UK's National Grid is investing up to £400 million (around €478 million) in the first cross-border electricity link ...

Doosan Enerbility wins SMR supply deal from US firm NuScale Power

Doosan Enerbility Co. said Thursday it has secured a contract from US-based small modular reactor (SMR) developer NuScal...

Chilean solar plant offline for two months following cyberattack

A 103 MW solar plant and its 98 MW/312 MWh battery storage system in northern Chile have remained offline for two months...

SK Innovation's profit surges sixfold on strong oil, lubricants margins

SK Innovation posted record operating profit in the third quarter, fueled by soaring refining margins amid Middle East t...

Angry Labour MPs urge leadership not to overrule energy secretary on Rosebank

Exclusive: Backbenchers voice alarm over ‘intolerable position’ faced by Miatta Fahnbulleh over oilfield decisionFurious...

KHNP ends talks with consortium on Czech nuclear plant construction contract

Korea Hydro & Nuclear Power Co. (KHNP), South Korea's state-run nuclear power operator, said Thursday it has ended negot...

Uganda: Methane Controls Face Test As First Oil Nears

[Independent (Kampala)] Kampala, Uganda -- Uganda's preparations to reduce methane emissions from its emerging oil and g...

Venezuela’s oil revival threatened by worker shortage

Thousands of skilled engineers fled country during administrations of Nicolás Maduro and Hugo Chávez

Could a ski slope atop a waste plant hold the key to the UK’s heating woes?

Copenhagen’s waste-to-energy plant is part of a network that heats 98 per cent of the city. By 2050, the UK government w...

Venezuela’s oil revival threatened by worker shortage

Thousands of skilled engineers fled country during administrations of Nicolás Maduro and Hugo Chávez

Europe’s oil bill: EU pays €10bn more per month than in 2025

Euronews Business takes a closer look at how Europe’s petroleum oil import bill has risen amid tensions in the Middle Ea...

Trump methane policy rollback may have minimal impact on crude prices, EPA says

The EPA projects Trump’s methane rollback would only lower 2027 U.S. crude prices 11 cents a barrel, while lifting domes...

Commodity prices to surge 23pc, warns World Bank

WASHINGTON: Global commodity prices are set to surge 23 per cent in 2026, the World Bank said on Wednesday, citing risin...

U.S. warns allies to prepare for possible Iran strikes, retaliation after elections, say sources

The U.S. has told regional allies that the new round of military action could last for several days, but regional offici...

RBC Flags Risks of Renewed US Strikes on Iran Despite Diplomacy

Renewed US military strikes against Iran remain possible despite a flurry of diplomatic activity in recent days ahead of...

Trump floats plans of naming Hormuz Strait into Trump Strait again

The US leader also added that more oil is currently flowing out of the waterway "that it was seven months"

Lynas Expects One-Month Shutdown at Malaysian Rare-Earths Plant

Lynas Rare Earths Ltd. said planned maintenance at its refinery in Malaysia would cut production this quarter, but expec...

As Iran war drags on, airlines pull back on fuel hedges and warn on fares

Jet fuel accounts for 30% to 40% of airlines' costs, with European and Asian carriers historically hedging more of their...

S. Korea to conditionally ease diesel export restrictions amid stable crude supplies

South Korea will ease export restrictions currently imposed on diesel starting in November on condition that domestic su...

Siam Cement, PTT Global Forge $5.5 Billion Petrochemical Deal

Siam Cement Pcl and PTT Global Chemical Pcl agreed to combine Thai olefins and polyolefins businesses valued at 187 bill...

PACNEWS TWO, 29 OCTOBER 2026

In this bulletin: 1. PACIFIC — GCF invests US$15m in Pacific climate businesses fund2. UN — Ocean’s ability to absorb ca...

China’s Green Exports Enough to Offset Brazil’s Emissions: CREA

Chinese exports of clean technologies this year could offset the equivalent of Brazil’s annual emissions from fossil fue...

Taiwan inflation could rise if energy subsidies end: Central bank

Peace Talks Won’t Save Oil Buyers From $100-Plus Oil

Middle East nations have renewed their diplomatic efforts, with high-level delegations from Saudi Arabia, Turkey and Pak...

Iran war live: Tehran presses 7-day Hormuz plan; Trump denies peace talks

Araghchi says Iran is in close contact with mediators on ideas to implement its seven-day plan to reopen Hormuz strait.

Treasury Secretary says US economic sanctions on Iran 'very successful'

Treasury Secretary says US economic sanctions on Iran 'very successful' US Treasury Secretary Scott Bessent said on Wedn...

MAP: Power plants in the Visayas grid

One in three power plants in the Visayas is fueled by coal, based on the Department of Energy's list of existing power p...

Petrobras Pumps at Record as Iran War Upends Oil Markets

Brazil’s state-controlled oil producer Petrobras lifted production to a record and ran its refineries near full capacity...