Energy
Prime Minister Andy Burnham said at his first COP as prime minister: "We’re committed to meeting our 2050 net zero target and committed to working with all of our partners to reach theirs."
Energy
The EIA said: "we expect the Brent crude oil spot price will remain near $100 per barrel (b) for the remainder of this year." It forecast Brent "will gradually fall to an average of $77/b in the fourth quarter of 2027."
Energy
The UK government said RWE and KKR "have announced a total investment of £12 billion" for the Vanguard West and Vanguard East offshore wind farms, "set to be operational by 2030".
Energy
“Decreto Bollette”
“stabilisce un tetto al gas utilizzato per produrre elettricità”
“La misura durerà diciotto mesi”
“sets a cap on gas used to produce electricity”
“The measure will last eighteen months”
Official post · not independently verified
Energy
“Doubling our electricity grid. Home retrofits to lower your energy bills. More EV charging stations across the country. $400 million to help businesses cut energy costs.”
Official post · not independently verified
Energy
“The Strait of Hormuz transit levels are back to pre-conflict levels minus Iranian barrels.”
“The world can live without Iranian oil.”
Official post · not independently verified
Energy
The EIA said "Working gas in storage was 3,724 Bcf as of Friday, October 23, 2026", a net increase of 80 Bcf from the previous week.
Energy
For the week to 23 October, the Energy Information Administration's tables show commercial crude inventories, excluding the Strategic Petroleum Reserve, at 410.6 million barrels, down from 412.5 million.
Energy
“The first shipment from the historic Venezuela oil deal arrives TODAY in Corpus Christi, Texas!”
“SECURED MORE THAN 65 BILLION BARRELS”
“will receive ONE MILLION BARRELS of VENEZUELAN OIL”
“NO cost to the American Taxpayer”
Official post · not independently verified
Energy
The European Commission said the T-MED platform offers "up to €4.5 billion in guarantee capacity" under its EFSD+ fund for renewable power, renewable hydrogen, grids, storage, cross-border interconnections and clean-tech manufacturing around the Mediterranean.
Energy
“oil exports from the Persian Gulf are roaring back and have surpassed pre-conflict levels.”
“MIDEAST CRUDE EXPORTS ROAR BACK”
“~17–18 mb/d”
“Jan-Feb 2026 Average”
“as of October 21, 2026”
Official post · not independently verified
Energy
In a memorandum to the Secretary of War, the President determined that "domestic petroleum production, refining, and logistics capacity, including exploration and production, gathering and transmission pipelines, storage, and marine terminals" are essential to the national defense, waived Section 303(a)(1)-(a)(6) requirements, and authorized "necessary purchases, commitments, and…"
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