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The average wholesale electricity price will be 0.18 euros per MWh this Sunday, the lowest level of the year and one of the lowest in history, according to the Operador del Mercado Ibérico de Energía (OMIE). This marks a 94% drop from Saturday's 3.03 euros average. Ten hourly periods will see negative prices.

28 मार्च 2026 AI द्वारा रिपोर्ट किया गया

Karim Badawi, Egypt's Minister of Petroleum and Mineral Resources, inspected the Valaris DS-12 drilling rig, which recently arrived to launch a programme drilling five new natural gas wells in the Mediterranean Sea for BP and Arcius Energy. Badawi stated that intensifying drilling is a top priority to unlock exploration opportunities and boost output from existing fields. The initiative reflects international companies' confidence in Egypt's investment climate.

The World Bank Group has announced a coordinated plan to provide financial aid to vulnerable countries like Kenya amid the Middle East conflict's effects. President William Ruto warned oil marketers against hoarding fuel for profit. This comes as fuel prices surge and some Kenyan petrol stations report shortages.

27 मार्च 2026 AI द्वारा रिपोर्ट किया गया

Meta has agreed to fund seven new natural gas power plants and extensive energy infrastructure to support its largest data center under construction in Richland Parish, Louisiana. The deal with Entergy Louisiana includes 240 miles of transmission lines and battery storage, as reported by the Wall Street Journal. This follows a non-binding pledge by tech companies to cover power costs for AI data centers.

Chile's Superintendencia de Electricidad y Combustibles (SEC) has instructed electricity distributors to delay billing adjustments for the 2020-2024 period until July 2026, instead of April. The decision follows requests from lawmakers and industry groups amid economic pressures. Energy Minister Ximena Rincón called it positive news for Chilean families.

27 मार्च 2026 AI द्वारा रिपोर्ट किया गया

Japan's government plans to temporarily lift restrictions on coal-fired power plants to address an energy crunch from the Middle East war. Officials presented the plan to a panel of experts, who approved it, the industry ministry said. The measure allows full operation of older, less efficient coal plants for a year starting in the new fiscal year from April.