EBRD Invests Record €426 Million In Armenia In 2025 Across 26 Projects, Boosting Economy, Energy Efficiency And Private Sector

The European Bank for Reconstruction and Development (EBRD) invested a record €426 million in Armenia in 2025, supporting 26 projects across multiple sectors of the economy. George Akhalkatsi, EBRD Head…

REC Limited Declares ₹4.60 Third Interim Dividend, Posts ₹12,920 Crore Profit in 9M FY26

Representational image. Credit: Canva State-owned power sector financier REC Limited has reported a strong financial performance for the quarter and nine months ended December 31, 2025, while also announcing a…

Gold Briefly Jumps Toward $5,600 as Iran Tensions Flare

Gold prices surged sharply on Thursday morning as energy markets jolted higher following fresh Iran-related rhetoric from U.S. President Donald Trump, briefly sending oil prices up by as much as…

Coterra Energy and Devon Energy in Advanced Talks to Merge, Source Says

(Reuters) – Coterra Energy and Devon Energy could announce an agreement to merge as soon as next week, in what would be the largest oil and gas deal in the…

US Faces Growing Risks of Power Outages Due to Rising Winter Demand, Changing Fuel Mix

(Reuters) – The risk of U.S. power outages is worsening due to a changing mix of electricity supplies and rapidly growing demand in the winter months, the North American Electric…

US Natgas Futures Soar 140% During Arctic Blast, Boosting Consumer Costs

(Reuters) – U.S. natural gas futures jumped 140% over the past seven trading days, and cash gas and power prices hit record highs this week as an Arctic blast sent…

US Eases Sanctions on Venezuelan Oil Industry

(Reuters) – The Trump administration on Thursday eased some sanctions on the Venezuelan oil industry as it seeks to expand production there after U.S. forces ousted the South American country’s…

Demand at Largest US Electric Grid Hovers Near Winter Record

(Reuters) – The largest U.S. electric grid on Thursday operated near record levels for demand amid frigid temperatures as weather forecasters predicted another Arctic blast over the weekend. The PJM…