S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Section

Energy

Found 1790 articles

Energy

Turning Biogas Into Fertilizer: A Decentralized Shift for Europe

Thousands of anaerobic digesters across Europe currently burn methane for heat or power, yet a shift toward localized ammonia production could transform these sites into critical fertilizer hubs. By bypassing massive, centralized chemical plants, farmers might secure their supply chains while insulating themselves from volatile global commodity markets.

Energy

Tehran Vows Counter-Offensive Following U.S. Sanctions

“Our defense is no longer so defensive; the enemies should wait for an attack,” declared Iran’s economy minister Ali Madanizadeh, as Tehran signaled a shift toward aggressive retaliation following the rollout of a fresh round of U.S. sanctions targeting the nation’s trade partners and oil infrastructure.

Energy

Iran Targets 45 Tankers in Strait of Hormuz Standoff

Staring down a looming U.S. economic offensive, Tehran has blacklisted 45 oil, LNG, and LPG tankers transiting the Strait of Hormuz. The newly formed Persian Gulf Strait Authority warns that these vessels now face potential detention, heavy fines, and the outright seizure of their cargo as regional tensions reach a boiling point.

Energy

Norway Faces Looming Cliff in Petroleum Production

Norway is extracting oil and gas at a pace that far outstrips new discoveries, setting the stage for a sharp production downturn after 2030. While current activity remains high, the Norwegian Offshore Directorate warns that the country’s long-term energy output depends on shifting exploration strategies before existing infrastructure begins to shutter.

Energy

Europe Trails U.S. in Global Race for Critical Minerals

‘‘I really admire the Americans because they take an idea and they run with it, while we Europeans hesitate, over-administrate, talk and lose time,’’ said Bernd Schaefer, head of a major European minerals organization, highlighting a widening gap between Brussels and Washington in securing essential raw material supply chains.

Energy

US Targets Middle Corridor Nations in Crackdown on Chinese Trade

The Trump administration has publicly identified over 40 nations, including Azerbaijan, Georgia, Kazakhstan, and Uzbekistan, as key facilitators in a massive Chinese tariff evasion scheme. Labeled the Great Transshipment Scam, the strategy allegedly allows Beijing to bypass U.S. duties by routing exports through smaller economies with lax customs enforcement.

Energy

Houthis Strike Saudi Tanker in Escalating Red Sea Campaign

Yemen’s Houthi rebels launched a coordinated ballistic missile and drone assault on the Saudi oil tanker Amzan off the coast of Yanbu on Monday. The attack, confirmed by the Saudi shipping firm Bahri, signals a dangerous intensification of the group’s naval blockade against regional oil transit routes.

Energy

Iranian-Linked Cyberattack Hits British Energy Facility

A small-scale energy generator in the United Kingdom remained offline for four days last month following a successful breach by hackers tied to the Iranian regime. While the facility was not classified as critical infrastructure, the incident marks a shift in the reach of state-affiliated cyber actors targeting British assets.

Energy

US Treasury Launches Operation Economic Outcast Against Iran

Treasury Secretary Scott Bessent has initiated Operation Economic Outcast, an aggressive expansion of secondary sanctions targeting nearly 60 individuals, entities, and vessels linked to Iran. The policy threatens foreign firms with total exclusion from the U.S. financial system if they continue facilitating Iranian trade in sectors like oil and aviation.

Energy

Zelenskyy Seeks Urgent Air Defense Surge as Kyiv Summit Convenes

As Ukraine marks its 35th independence anniversary under the shadow of persistent Russian bombardment, President Volodymyr Zelenskyy is pressing European leaders for immediate air defense reinforcements. The summit, held in Kyiv, comes as officials scramble to secure multibillion-euro funding packages before the onset of a potentially brutal winter.

Energy

TotalEnergies Targets Gulf Export Independence to Bypass Hormuz

Following months of tanker paralysis in the Strait of Hormuz, TotalEnergies has committed to backing two major pipeline projects designed to bypass the volatile waterway. CEO Patrick Pouyanné confirmed the strategy at the ONS energy conference, labeling the development of alternative export routes an absolute priority for the company.

Energy

Goldman Sachs Warns European Gas Prices Must Spike to Avoid Winter Shortage

With European gas storage at a 17-year low, Goldman Sachs analysts warn that current Dutch Title Transfer Facility (TTF) benchmark prices are insufficient to secure necessary winter supplies. Escalating competition with Asian buyers for LNG, compounded by Middle East supply instability, demands a significant price correction to incentivize inventory replenishment.

Energy

Russian Refineries Strive to Stabilize Fuel Supply Amid Drone Attacks

Persistent Ukrainian drone strikes on energy infrastructure, some reaching over 1,000 miles from the border, have forced Russia to scramble for fuel solutions. As gas stations face rationing and long queues, authorities are now banking on the return of repaired refineries to prevent a deepening domestic supply collapse.

Energy

Equinor and Aker BP Strike Gas Near North Sea Balder Field

Equinor and Aker BP have confirmed a new gas and condensate discovery near the operational Balder field, according to the Norwegian Offshore Directorate. Located 205 kilometers west of Stavanger, the find adds to a strategic push by Norwegian producers to leverage existing infrastructure for rapid development and sustained export capacity.

Energy

Norway Challenges Court Ruling on North Sea Oil Permits

Norway’s Supreme Court opened hearings Monday to determine the fate of three major North Sea oilfields after lower courts invalidated their development permits. The government aims to reverse these rulings, defending the legality of operations at the Breidablikk, Yggdrasil, and Tyrving sites against environmental legal challenges.

Energy

Japan Electricity Costs Hit 20-Month High Amid Supply Crunch

A 20 percent spike in nationwide day-ahead electricity prices has pushed Japan to its highest energy costs since January 2023. The surge follows an intense nationwide heatwave and renewed disruptions to liquefied natural gas shipments from the Middle East, leaving the country’s power grid under severe strain.

Energy

Norway Defies EU Moratorium to Push Arctic Drilling

Energy Minister Terje Aasland confirmed that Norway intends to pursue oil and gas exploration in the Barents Sea, disregarding the European Union’s current moratorium on Arctic drilling. As Europe’s primary gas supplier, Oslo argues that expanding production remains essential to maintaining continental energy security through 2035.

Energy

Iran Claims Major Gas Find as Economic Pressure Mounts

Deep in the southern province of Fars, Iran has uncovered a gas reservoir containing 7.5 trillion cubic feet of reserves. This discovery, announced by the oil ministry, arrives just as Washington signals an intent to escalate financial warfare against Tehran, casting a long shadow over the country’s energy ambitions.

Energy

ExxonMobil Joins Race for Shell’s $8 Billion U.S. Chemical Assets

ExxonMobil has emerged as a primary contender for Shell’s U.S. chemical division, an asset portfolio valued at approximately $8 billion. The supermajor enters a competitive field of bidders, including LyondellBasell, Apollo Global Management, and the Kuwait Petroleum Corporation, all of whom have submitted preliminary non-binding offers to the London-based energy giant.

Energy

Global Diesel Shortage Outpaces Crude Oil Price Hikes

While crude oil prices remain relatively contained, the global market for diesel is fracturing under the weight of geopolitical instability. With nearly 20% of Middle Eastern refining capacity offline and Russian exports restricted, the world is facing a structural fuel squeeze that threatens to sustain inflationary pressure for months to come.

Energy

Strait of Hormuz Traffic Dwindles Amid Escalating U.S.-Iran Standoff

Only four tankers traversed the Strait of Hormuz on Sunday, marking a sharp decline in activity as Washington and Tehran trade increasingly hostile rhetoric. The chokepoint, vital for global energy supplies, now sees transit volumes hovering nearly 90% below pre-conflict baselines, according to recent UK Maritime Trade Operations data.

Energy

Oil Prices Dip as Markets Brace for U.S. Sanctions on Iran

Oil prices retreated by over 2% during early Asian trading on Monday, as investors locked in profits following last week’s 5% surge. The market now pivots toward a looming U.S. Treasury announcement from Scott Bessent, which the secretary has framed as an "economic D-Day" for Iranian petroleum exports.

Energy

Super El Niño Triggers Global Food and Trade Disruptions

With sea surface temperatures in the tropical Pacific surging toward historic highs, meteorologists are bracing for a Super El Niño that threatens to upend global supply chains. The phenomenon, already linked to disrupted planting seasons and water shortages, may push an additional 50 million people into acute hunger.

Energy

Big Tech’s Shadow Grid and the Private Equity Utility Gold Rush

A rare bipartisan alliance is forming in Washington, united by a singular grievance: the runaway energy consumption of AI data centers. As hyperscalers scramble to build private power plants to feed their servers, critics warn that this shift risks bypassing essential grid oversight and inflating consumer electricity costs nationwide.

Energy

Pemex and Petrobras Target Deep Jurassic Reserves in Gulf of Mexico

Mexico’s state-owned Pemex has joined forces with Brazil’s Petrobras to probe ultra-deep Jurassic formations in the Gulf of Mexico. By targeting reservoirs located miles beneath the seabed, the partnership seeks to reverse years of declining production, banking on Petrobras’ extensive expertise in complex offshore salt-layer drilling.

Energy

Tapping Undersea Volcanoes for 24/7 Clean Energy

Off the coast of Oregon, a 100-kilowatt geothermal generator will settle onto the seafloor this September to harvest heat from a 750-degree hydrothermal vent. This pilot project, spearheaded by Seattle-based Endurance Energy, marks a strategic attempt to transform volatile underwater volcanic activity into a steady, emissions-free stream of commercial electricity.

Energy

The Global Oil Grid Under Siege

While the Strait of Hormuz remains the focal point of energy market anxiety, the global oil supply chain is fracturing across five other critical chokepoints. With 16.7 million barrels per day rerouted due to the Persian Gulf crisis, the world’s narrowest maritime passages are now operating at dangerous capacity limits.

Energy

The AI Power Crisis: Why Gas Turbines Are the Ultimate Bottleneck

If you ordered a heavy-duty gas turbine from GE Vernova today, you would be waiting until 2031 for delivery. This production schedule, confirmed during the company's July 22 earnings call, reveals a fundamental reality: the surge in AI data center power demand is colliding with a manufacturing wall that cannot be moved.

Energy

US Renewable Investment Defies Policy Rollbacks to Hit Record Highs

Despite federal efforts to dismantle clean energy incentives, the United States is on track to hit a record $180 billion in renewable energy investment by the end of 2026. Market forces, driven by surging AI power demands and grid instability, have effectively decoupled the sector's growth from shifting political priorities.

Energy

Europe's Rhine Logistics Crisis Masks a Deeper Industrial Decline

The Rhine’s water levels have crept above the critical 10-centimetre floor recorded in August, yet the relief is largely an optical illusion. While barges remain unable to carry full loads, the continent avoids a total supply collapse only because industrial demand has already withered to historic lows.