Energy

Oil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between the US, Israel, and Iran. This easing of supply concerns has pushed prices towards pre-war levels.

June 24, 2026 Reported by AI

YPF signed a mandate letter with BID Invest to structure up to US$500 million in financing for road works in Neuquén.

Falu Energi och Vatten chooses to retain the effect fee even though the government urged grid companies to remove it.

June 22, 2026 Reported by AI

The Delhi High Court dismissed petitions by BSES Rajdhani Power Ltd. and BSES Yamuna Power Ltd. against a proposed audit by the Comptroller and Auditor General.

Analysts expect fuel prices in South Africa to fall significantly due to declining global oil prices and a stronger rand. The Central Energy Fund forecasts petrol prices could drop by up to R2,94 per litre and diesel by as much as R4,97.

June 21, 2026 Reported by AI

President Claudia Sheinbaum Pardo inaugurated the Central Ciclo Combinado González Ortega of CFE in Mexicali, Baja California, and stressed that energy production is a pillar of national sovereignty.