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Energy
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TotalEnergies (TTE) Plans $10 Billion Investment in Angola's Offshore Oil Over Next Five Years
The investment aims to maintain and potentially increase the company's oil production in Angola, where it currently operates at around 450,000 barrels per day. Key projects include the $6 billion Kami
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Musk posted that AI data centers are leading to lower consumer electricity prices.
Musk posted that AI data centers are leading to lower consumer electricity prices. He reposted news about Georgia Power's large electricity contracts, primarily with data centers, stating that these c
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Moody's: AI Boom to Drive $110 Billion U.S. Power Buildout by 2030, Data Centers Could Consume 10% of U.S. Electricity
According to Moody's, America’s data center boom will require $110 billion to add 45GW of power capacity through 2030. More than 30GW is expected to come from natural gas, requiring an extra 4 billion
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FT: Saudi Arabia's energy supplies hit amid spreading war, threatening Trump and MBS as winter nears
The Financial Times reports that a spreading war has impacted energy supplies from Saudi Arabia, posing a threat to Trump and MBS as Europe and the US head into winter.
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U.S. Energy Secretary Wright: Trend in 7-day rolling average of oil shipments through Hormuz is rising and will continue to rise
U.S. Energy Secretary Wright: Trend in 7-day rolling average of oil shipments through Hormuz is rising and will continue to rise
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Baker Hughes CEO sees no slowdown in energy projects despite higher rates, citing robust LNG demand from AI buildouts
Baker Hughes Chairman and CEO Lorenzo Simonelli stated that the company has not observed a slowdown in major energy project investments, attributing this to strong demand for natural gas and power dri
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Japan is considering building a next-generation fast breeder nuclear reactor to reduce its reliance on imported uranium
The move comes as China and Russia lead in the development of this technology, which Japan hopes will enhance its energy independence. The Japan Atomic Energy Agency's prototype fast breeder reactor,
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Saudi Arabia says its East-West oil pipeline was hit by drones launched from Iraq
Iraq condemned the attack, with Prime Minister Ali al-Zaidi ordering an investigation into those responsible. Saudi Arabia stated it would not retaliate for now following a request from Baghdad, while
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BRICS Leaders, Including China, Russia, and Iran, Convene 11-Nation Summit in New Delhi Amid Global Trade Tensions and Mideast Conflict
Leaders of the 11-member BRICS bloc are meeting in New Delhi, India. The summit takes place as US President Donald Trump's administration has again impacted global trade with tariffs, and the seven-mo
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Danish tanker company Torm (TRMD) saw profits surge by 452% due to the Strait of Hormuz crisis, with its stock price nearing a buy point.
Torm (TRMD), the Danish company operating a fleet of product tankers, saw its profits surge as escalating conflict between the US and Iran in the Strait of Hormuz led to a spike in energy prices.
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Former Trump Economic Advisor Hassett: There's a Big Issue with Diesel Because It's a Refined Product
Former Trump Economic Advisor Hassett: There's a Big Issue with Diesel Because It's a Refined Product
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Bank of America: Investors May Be Regretting Buying European and UK Government Bonds as Soaring Energy Prices Lead to Yield Spikes
Investors who recently bought large amounts of European and UK government bonds may be regretting their decisions as bond prices have fallen sharply, according to a Bank of America survey. The survey
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Crude oil prices climbed back above $100 a barrel this week, with US diesel surging past $6 a gallon for the first time.
Crude oil prices climbed back above $100 a barrel this week, with US diesel surging past $6 a gallon for the first time.
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Bundesbank Chief Nagel: Further ECB Rate Hikes 'Very Much Dependent' on Energy Costs
German central bank chief Joachim Nagel told CNBC on Friday that any potential move by the European Central Bank (ECB) to hike interest rates into restrictive territory would be "very much dependent o
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Indonesian Coal Miners Accelerate Diversification into New Businesses Amid Rising Volatility
Major producers are expanding into critical minerals like lithium and aluminum, as well as gold, solar power, and gasification. This strategy is driven by increasing external volatility and domestic p
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The UN envoy to Yemen warned the Security Council that the war in Yemen has entered a "more dangerous phase" after Houthi forces captured the strategic port of Mocha.
UN Special Envoy for Yemen Hans Grundberg warned the Security Council on Thursday that the war in Yemen has entered a "new, more dangerous phase" after Houthi forces captured the strategic port city o
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UK Power Grid Needs £70 Billion Upgrade Investment, Delays Could Lead to Higher Consumer Bills
Bloomberg Markets reports that UK power companies need to invest up to £70 billion (approximately $94.5 billion) in their grids by the early 2030s to upgrade aging infrastructure. Delays in these upgr
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Permian Gas Has Been Worth Less Than Nothing for 118 Days This Year Amid Oversupply
Permian Basin natural gas has traded at negative prices for 118 of the first 131 trading days this year, indicating a persistent oversupply due to insufficient pipeline capacity. Chevron's subsidiary
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Vinson & Elkins Report: Private Credit Takes Bigger Role in Financing Energy and AI Infrastructure
The report highlights that private credit has evolved into a major source of financing for energy and infrastructure projects, as banks retreat from long-dated and complex loans. It notes that artific
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Wealthy investors seek oil and gas assets amid Iran war and AI boom, driving deal spend to multi-year highs
Ultra-high-net-worth investors and family offices are increasingly interested in mineral rights and other energy assets, fueled by energy pressures from the Iran war and the artificial intelligence bo
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Iran Orders Temporary Suspension of 10% Freight Charge on Foreign Vessels Carrying Energy Products to or From Iran
Iran Orders Temporary Suspension of 10% Freight Charge on Foreign Vessels Carrying Energy Products to or From Iran
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U.S. EIA expects electricity generation to hit record 4,368 BkWh in 2026 with 2.2% growth, followed by 1.7% growth in 2027
The U.S. Energy Information Administration (EIA) expects U.S. electricity generation will grow 2.2% to a record 4,368 billion kilowatthours (BkWh) this year, with an additional 1.7% growth in electric
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South Africa's Central Energy Fund Outlines Plans to Triple Oil-Refining Capacity, Targeting 400,000 Barrels Daily Throughput
The Central Energy Fund (CEF) intends to rebuild the Sapref refinery near Durban, which was idled after 2022 floods, to reduce dependence on fuel imports.
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ExxonMobil CFO: Guyana Project Recoups Approximately $55 Billion in Costs Two Years Ahead of Schedule, Free Cash Flow Expected to Double from 2025-2030
ExxonMobil CFO Neil Hansen stated at the Barclays Energy-Power Conference that the company recovered approximately $55 billion in costs from its Guyana project about two years ahead of schedule. Despi
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UKMTO: Crude Oil Tanker Struck by Unknown Projectile While Exiting Strait of Hormuz
The UK Maritime Trade Operations (UKMTO) reported that a crude oil tanker was struck by an unknown projectile while completing its outbound transit of the Strait of Hormuz. Citing "verified sources,"
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Strait of Hormuz Tensions Escalate: Oman Rescues Burning Tanker Crew, Iran Intercepts Tanker and Destroys Unmanned Vessels
Oman rescued 25 crew members from a burning oil tanker in the Strait of Hormuz on Friday, Al Jazeera reported. Meanwhile, Iran stated it had intercepted three oil tankers attempting to cross the strai
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ExxonMobil's CEO stated that the company plans to invest over $100 billion by 2030 to increase global energy supply.
ExxonMobil's CEO stated that the company plans to invest over $100 billion by 2030 to increase global energy supply.
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Iranian Navy says two oil tankers caught fire after hitting mines in the eastern Strait of Hormuz.
Iran's navy stated that two oil tankers were damaged and caught fire after hitting mines in the eastern Strait of Hormuz. A statement cited by Iranian media claimed that the vessels were operating in
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Russia plans to export 510,000 tons of diesel in October and 2.15 million tons in November, TASS cites Novak.
Russia plans to export 510,000 tons of diesel in October and 2.15 million tons in November, TASS cites Novak.
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Russia's Novak says Ukraine attacked Russian refinery overnight
Russia's Novak says Ukraine attacked Russian refinery overnight
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ExxonMobil CEO Darren Woods: Diesel is a critical bottleneck, with demand remaining high despite limited production capacity.
ExxonMobil CEO Darren Woods: Diesel is a critical bottleneck, with demand remaining high despite limited production capacity.
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Dominion Energy, Inc.(D) Q3: EPS 1.28 USD (above forecast), Revenue 5.62B USD (above forecast)
Dominion Energy, Inc.(D) Q3 EPS: 1.28 USD; Forecast 1.21 USD Revenue: 5.62B USD; Forecast 4.9B USD Reporting period: 2026 Q3 (period ended 2026-09-30) Release date: 2026-10-30
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ExxonMobil's Q3 refining profits hit a record high as Gulf and Russia-Ukraine conflicts pushed up gasoline and diesel prices.
ExxonMobil Holdings Corp. exceeded third-quarter profit expectations, primarily driven by soaring gasoline and diesel prices due to the Persian Gulf and Russia-Ukraine conflict, which propelled its re
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BP's Q3 profit surged to nearly four times year-on-year, reaching $8.5 billion and significantly exceeding expectations, driven by a substantial increase in refining margins.
BP announced its third-quarter results, with underlying replacement cost profit (a proxy for net profit) reaching $8.5 billion, significantly exceeding analysts' expectations of $6.191 billion and app
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BP Profit Hits 18-Year High as Oil Refining Margins Surge
BP Plc said profit surged to the highest in 18 years as soaring refining margins boosted earnings, giving Chief Executive Officer Meg O’Neill a powerful tailwind as she seeks to turn around the beleag
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French economy shrinks 0.1% in Q3
France, the Eurozone's second-largest economy, experienced a 0.1% economic contraction in the third quarter, primarily due to high energy prices and soaring borrowing costs.
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Musk reposted a Tesla Energy tweet promoting Powerwall 3/3P heat pump optimization features, which can save energy costs in the European market.
Musk retweeted a Tesla Energy post promoting Powerwall 3/3P heat pump optimization features, which can save energy costs in the European market. This feature allows Powerwall to increase heating when
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Japan's Marubeni Corporation sees energy and resource bottlenecks from the AI boom as growth opportunities.
Japanese trading house Marubeni Corporation sees the energy and resource bottlenecks caused by the AI boom as a growth opportunity. One of Japan's five largest trading companies, Marubeni plans to exp
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New Jersey Governor Mikie Sherrill threatened to block Russian diesel shipments from reaching U.S. East Coast ports, calling the agreement between Trump and Putin "corrupt and illegal."
New Jersey Governor Mikie Sherrill threatened to block Russian diesel shipments from reaching U.S. East Coast ports, calling the agreement between Trump and Putin "corrupt and illegal."
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Chevron accelerates global oil and gas exploration, targeting undeveloped regions with 50% of capital, after first-half profits exceeded $14 billion
Chevron is accelerating oil and gas exploration in Africa, South America and the Mediterranean, supported by soaring energy profits following the Iran war. The company now allocates 50% of its explora
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Cheniere's Chief Commercial Officer Anatol Feygin states Europe will require an additional 69 million metric tons of LNG this winter and must pull cargoes from Asia.
Cheniere's Chief Commercial Officer Anatol Feygin states Europe will require an additional 69 million metric tons of LNG this winter and must pull cargoes from Asia.
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Iran's navy reported that an oil tanker struck a mine in the eastern Strait of Hormuz, adding that three other tankers had previously struck mines.
The Iranian Navy announced that an oil tanker struck a mine in the eastern Strait of Hormuz, causing hull damage and a fire, rendering the vessel inoperable. Iran's state broadcaster IRIB cited a navy
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IRGC Deputy Commander: Strait of Hormuz will remain closed until Iran's conditions are met
Mostafa Izadi, Deputy Commander of Iran's Revolutionary Guard, stated on Thursday that the Strait of Hormuz will remain closed until Iran's conditions for reopening the waterway are met. He emphasized
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A spokesperson for Iran's Islamic Revolutionary Guard Corps demanded independent evidence from the U.S. military that the Strait of Hormuz has been cleared of mines.
Hossein Mohebi, spokesperson for Iran's Islamic Revolutionary Guard Corps (IRGC), challenged the U.S. Central Command's (CENTCOM) claim that the Strait of Hormuz had been completely cleared of mines,
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Shell reports second-highest profit in history, with record refining margins, due to the Iran war and the Russia-Ukraine conflict limiting global fuel production capacity.
Shell reports second-highest profit in history, with record refining margins, due to the Iran war and the Russia-Ukraine conflict limiting global fuel production capacity.
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South Korea Considers Deploying Maritime Patrol Aircraft to Strait of Hormuz; President Lee Jae-myung Rules Out Combat Deployment
South Korea's National Security Advisor, Wi Sung-lac, stated that Seoul is still considering various options for deployment to the Strait of Hormuz, including sending maritime patrol aircraft. He reve
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US Treasury Secretary Scott Bessent: Believes we are facing an energy supply shock, and the Federal Reserve should remain open-minded.
US Treasury Secretary Scott Bessent: Believes we are facing an energy supply shock, and the Federal Reserve should remain open-minded.
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Wright says diesel prices will fall significantly.
Wright says diesel prices will fall significantly.
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ODMCoin (ODMC) Project Review: A Blockchain Attempt at Oil and Gas Waste Treatment
ODMCoin was a project aimed at applying blockchain technology to the oil and gas waste treatment sector, planning to support oil sludge treatment technology through tokenized investments. The project launched its ICO in late 2017 but failed to reach its soft cap target, and all raised funds were returned. Although the team had stated they would continue to advance the project and conducted an airdrop in 2018, current public information indicates that the ODMC token lacks an active trading market, and its trading activity cannot be confirmed.
Energy
24H Trending
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1
The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
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South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
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The Shanghai Composite Index fell 1.16% from its previous close to 3,609.01.
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Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
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Samsung Electronics is down 5.82% from its previous close, now trading at ₩218,500.
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SK Hynix is down 8.06% from its previous close, now trading at ₩1,403,000.
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Analysts: Middle East Conflict Supports Energy Storage Demand, CATL, BYD, and Gotion High-tech Expected to Benefit
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PUNDIX Coin Value Analysis: Current Status and Investment Considerations for Pundi X Token
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Cryptocurrency Buyback and Burn Mechanism: A Multi-faceted Benefit Analysis
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Coin98 (C98) Token: Total Supply, Circulating Status, and Investment Outlook Analysis
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