Engie Brasil Raises $1.7B In Latest Share Offering
Brazil’s largest private electricity producer, Engie Brasil, has successfully raised 8.4 billion reais ($1.66 billion) at a price of 30.50 reais per share in a follow-on share offering, in one…
Critical Data For India’s Largest Nuclear Plant Exposed In Massive Breach
A massive data breach has exposed approximately 19,000 highly sensitive files related to the Kudankulam Nuclear Power Plant (KKNPP) on the dark web. The documents mainly involve Units 3 and…
U.S. Strikes Iran Again as Brent Slips Despite Escalating Conflict
The oil market is treating another US-Iran escalation as background noise. The U.S. launched another wave of strikes against Iran on Wednesday, expanding attacks on military targets along the country’s…
U.S. Strikes Iran-Linked Tanker Near Kharg Island
U.S. forces have struck and disabled an Iran-linked sanctioned oil tanker near Iran’s key export terminal, Kharg Island, deep in the Persian Gulf, the U.S. Central Command (CENTCOM) said early…
IEA Warns World Has Just Weeks to Avoid Hormuz Economic Shock
The world has just a few weeks before taking an economic toll from the re-escalation in the Middle East and the new halt to tanker traffic through the Strait of…
India Hikes Diesel and Jet Fuel Export Tax
India has hiked the export duties it will be charging on exports of diesel and jet fuel for the two weeks starting July 16, as the return of the Hormuz…
India Urges Shipowners to Avoid Deploying Nationals on Hormuz Voyages
India has advised ship owners and managers to avoid hiring Indian nationals on vessels they plan to send through the Strait of Hormuz, as attacks on commercial vessels have intensified…
TotalEnergies Sees Stronger Q2 Profit as Refining and Oil Trading Surge
TotalEnergies expects higher cash flows from its oil production and strong refining margins and oil trading results to boost second-quarter profits compared to the prior quarter, as oil prices rose…
Pakistan Pays Highest Spot LNG Price in Four Years as Qatar Supply Falters
State-controlled Pakistan LNG Ltd has bought the most expensive cargo of liquefied natural gas on the spot market in four years as the recent re-escalation of the Hormuz crisis cut…
Baker Hughes closes $13.6bn Chart Industries acquisition
By 22 min ago 2 min read Global energy company Baker Hughes has completed its $13.6bn acquisition of US cryogenic equipment company Chart Industries, following the European Commission’s approval earlier…


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