Market-moving news and intelligence across global energy markets.
The European Commission's July 2026 proposal to reform the EU ETS aims to balance climate ambition with industrial competitiveness, impacting carbon prices
TotalEnergies acquires Shell's 4 GW European onshore renewables portfolio and sells a 50% stake in 1.2 GW of developed assets to KKR, optimizing capital.
California's Air Resources Board has pushed back the initial SB 253 greenhouse gas emissions reporting deadline for large companies by three months to Nove
OPEC+ concludes its 2023 voluntary oil production cut rollback with a September output increase, signaling a stable supply outlook for global markets.
TotalEnergies expands its European renewables portfolio by acquiring Shell's onshore assets and optimizes capital through a 50% stake sale to KKR.
TotalEnergies expands its European renewables footprint by acquiring Shell's onshore portfolio, signaling strategic shifts in the energy transition.
Belgium became fully reliant on Russian LNG in July, complicating EU sanctions as Middle East disruptions rerouted supplies and European gas storage levels
Geopolitical tensions in the Middle East have propelled global refining margins to record highs, but Asian refiners are cutting output amidst crude supply
OPEC+ nations will raise September oil output by 188,000 bpd, completing 2023 voluntary cuts, but regional conflicts and Strait of Hormuz disruptions limit
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