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The Latest Breaking News from Energy

Dalal Street Week Ahead: Nifty stuck in consolidation zone; 23,800 remains key breakout hurdle

Markets experienced volatility and ended the week with a modest loss, primarily due to MSCI rebalancing flows. Nifty consolidated within a range, with immediate resistance at 23,800 and support at 23,300-23,400. Traders are advised to maintain a selective approach and protect gains.

The Economic Times

Desperate British Retailers Suffer Sudden Private Sector Contraction As Struggling Families Pull Back Spending

The government reported troubling findings for the fashion industry last month, with the Iran war and rising current and future energy costs driving up pressure on production and supply chains.

International Business Times UK

GB Energy 'splashes' millions in taxpayer cash to be 'told how to do its job'

GB Energy is handing out millions in taxpayer cash to private consultancy firms to tell it 'how to do its job', The National can reveal

The National (Scotland)

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GB Energy 'scandal' blasted yet again as latest staffing numbers revealed

Labour have been slammed yet again over the 'scandal' of GB Energy after the latest figures revealed the vast majority of staff it has hired are not…

The National (Scotland)

Scots warned of ‘devastating’ impact of energy bill hike

People are already struggling to pay their bills at the lower rate, charities have warned, after a 13% price hike was announced.

Evening Standard

Climate campaigners slam 'insatiable greed of energy giants' as UK price cap rises

Climate campaigners have reacted angrily to the new energy price cap rise, slamming the 'insatiable greed of energy giants'

The National (Scotland)

Rachel Reeves urged to ‘act now’ to save poorest from pain of rocketing winter energy bills

Donald Trump’s Iran war is blamed for continued volatility in global energy markets, which has led to higher wholesale gas prices

The Independent UK

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Minister rejects Blair’s triple lock warning as ex-PM calls for ‘coherent plan’

Dan Tomlinson said ‘things have moved on’ since the ex-Labour leader was in No 10.

Evening Standard

Energy bills in Britain surge higher on Iran war impact

Soaring wholesale gas prices caused by the Iran war is punishing British households with power price rises of more then 10 per cent.

AAP

Energy must be in Scotland's own hands, SNP say as price cap set to increase

WESTMINSTER cannot be trusted with Scotland’s energy, the SNP have said after it was revealed the energy price cap will be increased in July ...

The National (Scotland)

Ofgem energy price cap: Everything you need to know as bills rise by 13%

Households are set to pay an additional £221 each year

The Independent UK

Millions face higher energy bills as UK price cap rises

Ofgem will raise the energy price cap by 13 per cent from July due to the ongoing conflict in the Middle East, the regulator has announced ...

The National (Scotland)

Data centre power concerns spark moratorium call

A report by Greenpeace has challenged claims Australia's AI-fuelled data centre boom can support rather than undermine the clean energy transition.

AAP

Renewables pushing out rivals to give power bill relief

Solar and batteries are helping to deliver households relief on their electricity bills, but elevated network costs are thought to be tempering price falls.

AAP

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Latin Times

'US Venezuela Mineral Deal' Video Reminds of Expanding U.S.-Venezuela Partnerships in Mining, Rare-Earth & Energy

On May 20, 2026, the White House published a video highlighting the recent U.S.-Venezuelan mineral agreements that have been executed over the past several months, bringing renewed attention to one of the Trump administration's most significant foreign policy pivots in Latin America. The video's release prompts an important question: Just…

The Economic Times

Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?

Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength. These sectors are hitting new highs, driven by structural earnings visibility and long-term growth tailwinds, indicating a fundamental shift beyond mere defensive plays.

AAP

Power bill relief as energy caps slashed in one state

Cheaper electricity bills are in store for hundreds of thousands of households and small businesses in one state under a lowered benchmark power price.

International Business Times UK

Trump Energy Secretary's Wife Says Teachers' Unions Want to Keep Students 'Stupid' to 'Turn Them Into Democrats'

Liz Wright, wife of the US energy secretary, has claimed that teachers' unions keep students 'stupid' to control them politically, sparking widespread debate and backlash online.

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The Independent UK

Warning summer holidays are under threat with oil markets nearing ‘red zone’

We are facing the largest energy shock in living memory, the energy boss warned

Barchart

Fervo Energy Is Already Cooling Off. This AI Infrastructure IPO Needs Time to Show Real Results.

The geothermal company had the biggest clean energy IPO in history.

The Times of India

Nuclear energy, Taiwan and Trump's 'Golden Dome': 5 takeaways from Putin-Xi Jinping meet in Beijing

Just days after US President Donald Trump concluded his high-profile visit to Beijing, Chinese President Xi Jinping rolled out another elaborate welcome at the Great Hall of the People, this time for Russian President Vladimir Putin.

Evening Standard

MPs reject Tory bid to issue new oil and gas licences

In the King’s Speech, the Government reiterated its manifesto commitment not to issue new licences to explore new fields.

Evening Standard

‘Only a complete whacko’ would scale down North Sea oil and gas, MPs told

Energy Secretary Ed Miliband and Claire Coutinho traded blows ahead of a Commons vote on whether to permit new licences for oil and gas fields.

Barchart

Ford Didn’t Fail at EVs. Here’s Why Energy Storage Upside Might Be Closer Than It Appears.

The automaker’s hairpin turn into battery storage solutions just scored its first major commercial win, and investors should be paying attention to F stock now.

The Economic Times

US stocks today: Nasdaq falls as technology stocks slide, Treasury yields climb

US stocks closed mixed as Nasdaq slipped due to profit booking and rising Treasury yields, while Dow edged higher. Oil prices surged on supply disruption fears but later eased after geopolitical comments. Energy stocks outperformed, Nvidia earnings are awaited, and Regeneron fell after a failed drug trial result.

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