Ukraine Drones Hit Russian Black Sea Oil Terminal

(Update) November 14, 2025, 9:45 AM GMT+1: Article updated with additional details. Ukrainian drones attacked Russia’s giant Black Sea port of Novorossiysk overnight, prompting a state of emergency, as Moscow…

Oil Stabilizes After Selloff Amid OPEC Reassessment and U.S. Funding Deal

Oil prices steadied on Wednesday after a sharp 4% slide the day before, with Brent trading near $63.08 and WTI around $58.80 at 11:01 a.m. ET, as traders reassessed the…

Germany Caps Power Prices to Save Its Industrial Base

Germany has agreed to subsidize electricity for its heavy industries, capping prices at about €0.05 per kilowatt-hour from 2026 through 2028—a major policy move aimed at keeping its industrial base…

Oil Prices Soar 2.75% After Ukraine Strike On Major Russian Export Hub

Oil prices jumped in early Asian trade on Friday morning as markets responded to renewed Ukrainian attacks on Russia’s energy infrastructure. A Ukrainian drone attack on the Russian Black Sea…

Ecopetrol Completes Acquisition of 0.6 GW Solar Portfolio from Statkraft to Advance Energy Transition

Representational image. Credit: Canva Ecopetrol S.A.has completed its transaction with Statkraft European Wind and Solar Holding AS acquiring one development and operations company and six special purpose entities holding approximately…

Rondo Energy and SCG Cleanergy Activate Southeast Asia’s First Industrial Heat Battery in Thailand

Representational image. Credit: Canva Rondo Energy and SCG Cleanergy, a clean-energy subsidiary of SCG, announced the start of operations of Southeast Asia’s first heat battery at SCG’s cement plant in…

Global Climate Action Report Warns Progress Is Too Slow To Meet 2030 Renewable Energy Targets – IRENA

The 2025 Climate Action Report highlights that the world is making progress in renewable energy, but not at the speed or scale required to meet global climate targets. According to…

  • Gas
  • November 14, 2025
Germany cuts electricity prices in boost for industrial gas sector

Germany’s energy-intensive industries will have access to a subsidised power price until 2028 in order to reduce costs and boost competitiveness, according to a Reuters report. The subsidised price will…

U.S. Sanctions Strand a Third of Russia’s Crude Exports at Sea

Nearly a third of Russia’s current seaborne oil export potential is now stuck in tankers as the U.S. sanctions upend crude flows and Russia’s top buyers, China and India, are…

Repsol Weighs Merger of $19 Billion Upstream Unit With APA, Bloomberg News Reports

(Reuters) – Spain’s biggest refinery operator Repsol SA is considering a reverse merger of its upstream unit with potential partners, including U.S. energy producer APA, Bloomberg News reported on Thursday,…