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Global diesel shortages stemming from Middle East conflict and Russian refinery damage threaten prolonged economic disruption, with prices up 70% in Europe and refining capacity significantly constrained.
GMB union seeks formal recognition at Octopus Energy, the UK’s largest energy company, arguing workers deserve a unionized platform despite the firm’s assertion that staff have not requested it.
Britain’s largest household energy supplier urges customers to reduce electricity use during this week’s solar eclipse, offering rewards for participation in demand-reduction efforts.
Pemex and Petrobras are partnering to explore deep Jurassic formations in Mexico’s Gulf of Mexico, targeting high-risk but potentially transformative oil discoveries beneath the seabed.
Oil prices fell sharply and European stocks rallied after Trump cancelled planned strikes on Iran and signaled peace talks were imminent, though Tehran denied negotiations would begin.
Great Britain faces a potential electricity shortfall during a near-total solar eclipse on Wednesday evening, with grid operators securing backup power at premium prices to compensate for lost solar generation.
