Global energy markets faced renewed pressure Friday as Brent crude climbed above $112 a barrel and European natural gas prices hovered near €100 per megawatt-hour, amid growing concerns over a possible escalation of the US-Iran conflict and Europe's ability...
More than 200 passengers who had paid to live permanently aboard a luxury cruise ship have been forced to leave their floating homes in Cambodia after soaring fuel prices linked to the Iran war made the vessel's round-the-world voyage...
Finland has made history by granting an operating license to the world’s first deep geological repository for nuclear waste. The decision marks a major breakthrough in the decades-long effort to find a permanent solution for spent nuclear fuel, although...
The airline industry is facing growing financial pressure as soaring fuel prices erode profits despite strong passenger demand and higher ticket fares, prompting major U.S. carriers to consider limiting flight growth in 2027.
Delta Air Lines and United Airlines have...
Brent crude oil prices climbed above $110 per barrel on Wednesday, October 21, approaching five-month highs as escalating tensions in the Middle East, attacks on shipping routes and uncertainty surrounding U.S.-Iran diplomatic efforts raised concerns about global energy supplies.
Brent...
European natural gas prices approached €89 per megawatt-hour on Monday, October 19, amid concerns over winter supplies, while international oil prices declined.
According to Trading Economics, European gas was quoted at €88.92/MWh, an increase of 1.57%. The rise reflected concerns...
Greek authorities have proceeded to the arrest of six individuals following a severe industrial accident that injured four workers at Motor Oil’s major refinery.
The incident occurred during planned welding operations executed by an external contractor, when a sudden and...
Kimberly Guilfoyle’s departure as US ambassador to Greece has brought competing plans for American liquefied natural gas exports into the political debate in Athens, with Greek commentary questioning whether commercial rivalries contributed to her downfall.
Claims of Turkish involvement have...
Two workers were seriously injured Thursday afternoon in an explosion at Motor Oil's refinery in Corinth, Greece, less than a week after another explosion at the facility left two people dead.
The two injured workers, aged 40 and 59, sustained...
Workers gathered outside Motor Oil facilities in Greece on Wednesday as part of a 24-hour strike following an explosion that killed two employees during maintenance operations at the company's refinery.
A large number of workers participated in the demonstration, displaying...
President Donald Trump has suggested that Ukraine should replace President Volodymyr Zelensky following criticism of a US agreement to temporarily ease sanctions on Russian diesel exports.
“I think it's time for Ukraine to get a new president,” Trump told reporters...
US President Donald Trump said that Russian President Vladimir Putin has agreed to supply diesel to the US and global markets in an effort to lower fuel prices, and his administration temporarily lifted sanctions on Russian fuel, Reuters reports.
Reports...
European Union finance ministers have officially approved greater fiscal flexibility for Greece, green-lighting a massive €1 billion (~$1.12 billion) energy investment plan running through 2028.
The landmark decision extends a crucial exemption under European fiscal rules to cover vital energy-security...
A tragic maintenance accident at Motor Oil’s massive refinery near Corinth killed one contract worker on Friday, October 9, 2026. A second worker sustained critical head injuries and unfortunately passed away in the hospital on Sunday.
Both victims worked for...
