Saudi Energy Minister’s Influence Grows With Industry Portfolio

Oil volatility will cause irreversible changes to energy markets, expert warns

Global economies have already weighed energy options beyond the Middle East, as the war in Iran has put irreversible pressure on the oil industry, according to Karen Young, a researcher at Columbia University. “I don’t think (advancements in green technology) is going to be reversible,” Young told CNN’s Fareed Zakaria. “Countries are now thinking more The post Oil volatility will cause irreversible changes to energy markets, expert warns appeared first on Egypt Independent.

Aramco helicopter tragedy in Ras Tanura claims 14 lives near one of Middle East’s largest oil refineries

Saudi Aramco was the world’s largest oil company, managing vast reserves and global energy supply while expanding into petrochemicals and sustainability.

Iraq, Jordan agree to accelerate implementation of Basra-Aqaba strategic oil pipeline project

Officials discuss speeding up key energy project, expanding cooperation in industry, transport, investment

Indonesia faces growing pressure to overhaul fuel subsidies

Indonesia faces growing pressure to overhaul fuel subsidies

Saudi Industrial Production returns to growth, rising 5.1% in 2025

RIYADH — Saudi Arabia's industrial production rose 5.1 percent in 2025, driven by a 10 percent surge in environmental and water-related activities, according to the General Authority for Statistics (GASTAT). The increase marks a reversal of the declines recorded in 2023 and 2024, according to GASTAT's annual Industrial Production Index (IPI) report. Water supply, sewerage, waste management, and remediation activities recorded the strongest growth among all industrial sectors, rising by 10.0 percent year-on-year. Mining and quarrying activity increased by 5.8 percent, while oil activities grew by 5.4 percent and non-oil activities expanded by 4.3 percent. Within manufacturing, chemical products emerged as the strongest-performing sub-sector, posting growth of 9.3 percent. Overall manufacturing activity rose by 3.9 percent. Electricity, gas, steam, and air conditioning supply activities increased by 5.2 percent, while food manufacturing grew by 2.9 percent and the manufacture of coke and refined petroleum products rose by 3.7 percent.

Energy Crisis – Why Is The Caribbean Still Importing Energy?

By News Americas Business Editor News Americas, MIAMI, FL, Weds. June 24, 2026: As global energy markets face renewed disruption and oil prices remain volatile, Caribbean nations are once again confronting a familiar challenge: dependence on imported energy. From Barbados to Jamaica and across the wider CARICOM region, rising fuel costs continue to pressure consumers, []

Les pays de l’UE souhaitent que l’exploration pétrolière soit vue comme un investissement vert

Les changements proposés pourraient amener des géants pétroliers comme TotalEnergies à figurer dans des fonds d'investissement durables.

Bertindak segera tangani krisis tenaga

DALAM mendepani situasi krisis tenaga yang disebabkan konflik Iran-Amerika Syarikat (AS) dan sekutunya sehingga membawa kepada sekatan di Selat Hormuz, tidak dapat dinafikan, isu keselamatan dan kedaulatan tenaga kini menjadi fokus utama setiap negara di dunia. Dalam rangka lawatan rasmi Perdana Menteri ke Jepun baru-baru ini, Datuk Seri Anwar Ibrahim dan Perdana Menteri Jepun, Sanae ... Read more The post Bertindak segera tangani krisis tenaga appeared first on Utusan Malaysia.

This $55 Energy Stock Could Be Your Ticket to Future Riches

If you are looking to invest in the energy sector, this high-yield Canadian giant has you covered.

Current price of oil as of June 23, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Dozens of countries have lowered energy taxes or taken other policy steps in response to Iran war

Over 100 countries have enacted energy policy changes in response to the Middle East conflict, from tax adjustments to fuel subsidies.

Saudis Slash Main Oil Price To Rare Discount As Market Dives

Saudi Arabia has long been the custodian of the global oil market, boosting or reducing output when it has seen the need to do so.

Tsakos Energy Navigation: Economic Outlook Changed Dramatically But Still Dominates

Tsakos Energy Navigation: Economic Outlook Changed Dramatically But Still Dominates

Global gas consumption reaches record 4.3 trillion cubic meters in 2025 — Gazprom head

Alexey Miller said noted that new centers of economic growth, which will require more energy, will play a dominant role in shaping demand

Solar Expo 2026: Private sector playing key role in energy revolution, says Musadik Malik

Solar Expo 2026: Private sector playing key role in energy revolution, says Musadik Malik

B50 biodiesel program improves farmer welfare, CPO value: minister

Downstream development of Indonesia's palm oil industry through the B50 biodiesel program will strengthen energy ...

Ministry of Economy Discusses Renewable Energy Sector Development

Ministry - Economy - Renewable - Energy - Development

Egypt is BII’s largest market in Africa, key strategic priority: CEO

As British International Investment (BII) prepares to deploy £15bn worldwide over the next five years, Egypt is emerging as one of the institution’s most strategic markets, according to BII CEO Leslie Maasdorp. With an investment portfolio approaching 850m across 64 companies, the UK development finance institution is betting on renewable energy, manufacturing, financial inclusion and [] The post Egypt is BII’s largest market in Africa, key strategic priority: CEO first appeared on Dailynewsegypt.

Eni’s Descalzi Says Energy Crisis May Worsen in Short Term: Sole

The global energy situation could deteriorate further as oil inventories decline and competition for supplies intensifies, Eni SpA’s Chief Executive Officer Claudio Descalzi told Italian daily Il Sole 24 Ore.

मध्यपूर्व तनाव बढेपछि तेलको मूल्यमा उछाल

काठमाडौं । अन्तर्राष्ट्रिय बजारमा कच्चा तेलको मूल्य सोमबार उल्लेख्य रूपमा बढेको छ। इरानले खाडी क्षेत्रका देशहरूमाथि आक्रमण विस्तार गरेपछि तथा अमेरिकाले इरानमाथि थप सैन्य कारबाही गरेपछि ऊर्जा आपूर्ति मार्गमा जोखिम बढेसँगै तेलको भाउमा दबाब परेको हो । यतिबला ब्रेन्ट क्रुडको मूल्य ३.८८ प्रतिशतले बढ्दै प्रतिब्यारेल ७८.९६ डलरमा कारोबार भईरहेको छ । त्यस्तै डब्लूटीआई क्रुडको मूल्य []

Sovereign investors with US$29 trillion pivot to energy assets, flag dollar fears

Sovereign wealth funds and central banks managing US29 trillion in assets are turning to energy assets, and raising concerns about the dollar, in a portfolio reassessment driven by unprecedented geopolitical shifts, according to a survey ‌published on Monday by independent global investment management firm Invesco. The survey of 90 sovereign wealth funds and 54 central banks showed an increasing focus on diversification, and investment portfolios that can “take a hit and still hold it together”...

Investors funnel trillions into fossil fuels, despite looming climate targets

Institutional investors are channeling trillions into the fossil fuel industry through shares and bonds, with a majority of the financing tied to the expansion of coal, oil and gas production and extending beyond 2050 climate targets.

South Africa's Fuel Market Is Changing Hands, But the Bigger Story Is BRICS and Gulf Capital

South Africa's Fuel Market Is Changing Hands, But the Bigger Story Is BRICS and Gulf Capital

America’s Best Companies of 2026

—Illustration by TIME; Scott Olson, NurPhoto, SOPA Images/Getty Images American companies have dominated global markets for some time, but in the past few years, experts have become less certain about the future of America’s economic power and influence as a result of new tariffs, export controls, and the worldwide backlash against them. However, even in []

New rules for energy communities, participation in wholesale market, and storage use

New rules for energy communities, participation in wholesale market, and storage use

'ASS-BACKWARD': Enbridge CEO says oil production growth, not pipelines, will determine Canada’s energy future

While recent political attention has focused on the announcement of Alberta’s new West Coast crude oil pipeline proposal, one energy executive says production growth will be the critical factor determining whether the project succeeds if Canada hopes to significantly expand energy exports over the next decade.

PIAC warns global energy transition policies adoption could threaten Ghana’s petroleum industry

Technical Director of the Public Interest and Accountability Committee (PIAC), Mark Agyemang, has cautioned that adopting uniform global energy transition policies without considering Ghana’s unique economic and energy needs could pose significant challenges to the country’s petroleum industry. Speaking during a lecture for the second cohort of the Africa Extractive Media Fellowship, Mr. Agyemang said []

The Iran War Has Oil-Rich Alaska Freaked Out About $9 Gas

Trump’s energy agenda is poised to boost the industry, but Alaskans are reeling from war-driven price increases.

Reforms Fuel Nepal's Energy Makeover

In its first 100 days in office, the government has placed the energy sector at the centre of its economic transformatio...

Business : Indonesia's B50 Mandate Opens Growth Opportunities For Malaysian Palm Oil - MPOC

By Danni Haizal Danial Donald KUALA LUMPUR, July 13 (Bernama) -- The recent launch of Indonesia's nationwide rollout of the B50 biodiesel mandate presents an opportunity for Malaysia to strengthen its existing palm oil markets while expanding its market share in selected destinations.

Cow Manure Could Be the Next Data Center Fuel

The manure-to-energy field has a new sales pitch. Critics warn it could mean even more factory farms.

UAE energy firms risk forfeiting millions in R&D credits unless spend is qualified and pre-approved

From enhanced carbon capture at gas processing plants to grid modernisation and renewable energy storage, the technology reshaping the UAE’s oil and gas industry, has acquired a new dimension. As of the 2026, a significant portion of the research and development (RD) behind it can be converted into a corporate tax credit of up to [] The post UAE energy firms risk forfeiting millions in RD credits unless spend is qualified and pre-approved appeared first on Middle East News 247.