Tag: #energy

Ukraine Says It Struck Taganrog Drone Plant, Updates Damage at Tuapse Oil Facility

Ukraine said it struck the Atlant Aero drone plant in Taganrog and updated damage to a Tuapse oil facility; a Taganrog fire was independently confirmed.

#ukraine, #russia, #drones, #energy

EOG Doubles Q1 2026 Tax Outlook to $500–$600 Million After Oil Rally

EOG raised its projected current tax expense for Q1 2026 to $500–$600M, citing higher crude prices tied to Middle East conflict — lifting the tax midpoint about $270M.

#eog, #oil, #energy, #taxes, #commodities

Chevron Warns Accounting ‘Timing Effects’ and Working‑Capital Outflow Could Cut Billions From Q1 Results

On April 9, Chevron warned marking derivatives, LIFO inventory and a $2–4bn working‑capital outflow could trim roughly $2.7–$3.7bn from Q1 results.

#chevron, #oil, #earnings, #accounting, #energy

U.S. to repay TotalEnergies nearly $1 billion to drop offshore wind leases, redirecting investment to LNG and drilling

Interior will refund TotalEnergies’ 2022 offshore wind lease payments after it matches the sum in U.S. oil, gas and LNG investments.

#energy, #offshorewind, #lng, #oilgas, #interiordepartment

Strike on Iran’s South Pars Gas Hub Opens a New Front in the 2026 War

Israeli strikes on Iran’s South Pars gas facilities disrupt output, jolt global markets and raise legal questions over targeting civilian energy hubs.

#iran, #israel, #naturalgas, #southpars, #energy

AI’s Power Hunger Fuels a K‑Shaped M&A Boom as Megadeals Dominate Early 2026

Global M&A hit $813B by early March as a handful of megadeals—spanning shale, data centers and software—track the race to build AI infrastructure.

#mergersandacquisitions, #ai, #datacenters, #energy, #antitrust

ECB Holds Rates as Middle East Energy Shock Lifts Inflation Outlook, Weakens Growth

The ECB kept interest rates unchanged, warning that a Middle East-driven energy shock has pushed inflation risks higher even as eurozone growth slows.

#ecb, #interestrates, #inflation, #eurozone, #energy

U.S. to Refund TotalEnergies Nearly $1 Billion to Drop Offshore Wind Leases and Invest in Oil and Gas

At CERAWeek, the Interior Department struck a deal to unwind two offshore wind leases and reimburse TotalEnergies if it invests in U.S. oil and gas.

#energy, #offshorewind, #oilgas, #totalenergies, #interiordepartment

ECB Holds Rates at 2% as Iran War Drives Energy Prices Higher and Revives Inflation Fears

The European Central Bank kept rates unchanged after the Iran conflict sent oil and gas prices soaring, raising inflation risks and dimming growth.

#ecb, #interestrates, #inflation, #energy, #eurozone

Bank of England Puts Rate Cuts on Hold as Iran War Drives Energy Prices Higher

A surge in oil and gas prices after war erupted in Iran prompts a unanimous Bank of England vote to hold rates, delaying hoped-for relief.

#bankofengland, #interestrates, #inflation, #energy, #iran

Russia Unleashes Major Missile-and-Drone Barrage on Kyiv Region as Energy War Intensifies

One of winter’s largest barrages hit the Kyiv region, killing at least four. Ukraine struck refineries and ports in Russia as energy sites become the front line.

#ukraine, #russia, #kyiv, #airdefense, #energy

Reeves touts improving outlook, but watchdog warns UK’s fiscal cushion is thin as energy shocks hit markets

UK forecasts show slower growth and higher joblessness as the OBR warns a slim fiscal buffer could vanish if Middle East conflict keeps energy prices high.

#uk, #budget, #inflation, #energy, #ftse100

U.S. Opens Door to Venezuelan Oil—But Routes Payments Into Treasury-Controlled Accounts

A new OFAC license lets U.S. firms buy and refine Venezuelan crude, while a paired executive order funnels payments into U.S.-held funds, not Caracas.

#venezuela, #oilsanctions, #ofac, #usforeignpolicy, #energy

Massive Russian Barrage Knocks Out Heat and Water in Kyiv as Deep Freeze Bites

Ukraine says Russia launched 300+ drones and missiles at energy sites, plunging Kyiv into outages amid subzero cold and renewed peace talks.

#ukraine, #russia, #kyiv, #energy, #blackouts