Monday, March 30, 2026

Line 5 News

Taiwan freezes its electricity rates to maintain the industry's competitiveness and stabilize prices

The economy ministry announced 'on Friday that Taiwan won't raise its electricity prices for the time being, despite the fact that energy prices are higher due to the Middle East war. This is to maintain price stability and to keep the industrial competitiveness.

The Iranian market is a catalyst and a slowdown for the European green energy race

Investors are wary of the market volatility and interest rate hikes expected in the future, as well as the slow permitting process. The 'war in Iran' and its associated surge in fossil fuel prices has prompted some politicians to push for more renewable energy.

Philippines suspends spot electricity sales due to Middle East conflict

The Philippines announced on Thursday that it had suspended the sale of electricity at spot prices until further notice due to fuel supply risks and price volatility caused by Iran's war. The suspension was ordered by a decree declaring…

Slovenia limits fuel purchases as pumps run dry

Slovenia temporarily restricted fuel purchases on Sunday to combat a shortage at the pumps caused by the Iran War and cross-border stockpiling. This has raised concerns over the security of supplies ahead of the country's elections.

Helium prices rise as Qatar LNG shutdown exposes fragile supply chains

The Iran war has caused disruptions in Qatar's natural-gas processing, which have pushed helium prices up sharply. This exposes the fragility of this small but important market that supports industries ranging from semiconductors to imaging.

India is ready to support the oil markets after IEA releases record-breaking release

India announced 'on Wednesday that it is ready to support the global oil'markets, in line with the International Energy Agency releasing a record 400,000,000 barrels - of oil in an effort to tame the prices which have risen following the U.S./Israeli war against Iran.

EUROPE GAS - European prices fall in line with crude oil as Middle East hopes for de-escalation are raised

Dutch and British wholesale gasoline prices fell from their 3-year highs in the morning of?Tuesday, mirroring oil market movements after?U.S. Donald Trump claimed that the Middle East conflict would end "soon". Data from Intercontinental Exchange (ICE)…

Repsol, a Spanish oil company, increases payouts and targets for oil production but reduces investment

Spanish?energy group Repsol announced on Tuesday that it would give its shareholders between 30 and 40 percent of the cash flow generated by its operations until 2028 through dividends and share buybacks. It also pledged to increase oil production while reducing investments.

Japan's Nikkei to suffer its biggest weekly decline in 11 months due to Middle East conflict

Investors slashed riskier assets as renewed worries arose over the Middle East conflict. The Nikkei Index was flat as of 0219 GMT. It had dropped as much as 1.4% in the morning, and is on course for its biggest weekly percentage drop since April 4.

Allianz GI acquires a 50% stake in German battery projects from TotalEnergies

TotalEnergies, the French oil giant, has sold to Allianz Global Investors a 50% share in?11 batteries projects in Germany that are under construction. The companies announced this on Tuesday as the interest in Germany's rapidly growing renewables market grows.

Galp, a Portuguese company, sees its core profit decline further due to lower oil prices and margins

Galp Energia said that its adjusted 'full-year core profits fell 8%, to $3.57 billion. The company warned on Monday of a further decline in this year. The company blamed weaker oil prices, a refinery shutdown and other factors for the decline in 2025.

Gas prices are rising in line with higher contracts and the Iran conflict

European forward power contracts increased on Monday as a result of higher oil and natural gas prices. This was due to the fact that energy infrastructure had been 'damaged' and tanker shipments through the Strait of Hormuz were disrupted by the conflict in the Middle East.

carried Ukrainian and Russian oil before attack

The Druzhba pipeline exported some Ukrainian oil, as well as much higher volumes of Russian crude, before it was damaged a month ago by a Russian strike that has led to a halt in supply, three industry sources familiar with the matter…

Malaysia's Petronas reports a decline in profit and revenue for the third consecutive year 2025

Petroliam Nasional Bhd (or?Petronas? ) is the state-owned energy company in Malaysia. After the oil price fell, BP reported a lower profit and revenue for 2025. This is the third consecutive year of decline. Petronas has reported a profit…

Vallourec is expecting a lower core profit in Q1 as steel tube volume weighs on the company

French steel tubes manufacturer Vallourec announced on Friday that it expected to make a lower profit in the first three months of 2026 compared to the previous quarter, due in part to the drop in volumes. The group's?operating profits before interest, tax, depreciation, and amortisation?

Shares of UK power company Drax hit a 20-year high after beating profit expectations

The British power company Drax surpassed annual profit expectations on Thursday and increased its dividend, thanks to strong pellet production in North America, and record renewable generation. Shares of the company rose to near a two-decade high, as a result.

Eni, the Italian oil and gas company, beats its profit forecast thanks to strong upstream operations

Eni, the Italian energy group, beat expectations on Thursday by posting a 35% increase in adjusted fourth-quarter earnings compared to last year. This was due to a strong performance from its exploration and production division as well as improved refinery results.

First Solar shares fall after poor sales forecast amid policy uncertainties

On Wednesday, shares of First 'Solar' fell 12.8% and reached their lowest level since September last year. The company had forecast sales that were below Wall Street estimates due to uncertainty in the U.S. political environment as well…

First Solar shares fall after weak sales forecast amid policy uncertainties

First Solar shares fell 16.7% on Wednesday in premarket trade after the company predicted annual sales below Wall Street expectations due to uncertainty and delays caused by the Trump administration's U.S. policies. According to LSEG data…

Iberdrola's earnings are higher after the network business boosts results for 2025

Iberdrola, Europe's largest utility, expects its business of building and updating?power?networks in Britain and America to boost earnings this year, after it drove a 10% increase in 2025 adjusted Net Profit. The Spanish company will…