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Live News ENERGY FLASH M impact Oct 12, 2026, 04:05 PM UTC

Galp 3Q Working Interest Production 131,000 BOE/D

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Heavy Oil Glut Builds in Americas as Freight Squeeze Limits Exports Heavy crude is piling up in North and South America as soaring freight rates stifle exports and US refiners run close to capacity. Buyers in Asia and Europe are scrambling for barr M impact | ENERGY | Oct 12, 2026, 06:43 PM UTC Aramco CEO Warns Oil Supply Squeeze Could Worsen Saudi Aramco CEO Amin H. Nasser said global oil and refined-fuel supply pressure could intensify until the Strait of Hormuz fully reopens, with dwindling inventories eroding a buff M impact | ENERGY | Oct 12, 2026, 05:59 PM UTC Juniper Green Energy Commissions 150 MW Hybrid Power Project in Gujarat Juniper Green Energy says it fully commissioned the 150 MW wind-solar hybrid project under a power purchase agreement with Gujarat Urja Vikas Nigam. The final 5 MW wind turbine was M impact | ENERGY | Oct 12, 2026, 05:51 PM UTC Oil Gains After Russian Strikes Hit Ukrainian Energy Targets Oil prices strengthened after Russia struck Ukrainian energy targets, hours after President Trump declared an “energy ceasefire” between the two countries. Diesel futures pared the L impact | ENERGY | Oct 12, 2026, 04:52 PM UTC Galp Says Q3 Refining Margins More Than Tripled to Record High Galp Energia said its refining margins more than tripled year over year in the third quarter, reaching record highs as Middle East conflict tightened refined-product supplies and d M impact | EARNINGS | Oct 12, 2026, 04:42 PM UTC Galp Renewable Energy Sales Rise 42% to 1,174 GWh in 3Q Galp said renewable energy sold rose 42% year over year to 1,174 GWh in the third quarter. M impact | EQUITY | Oct 12, 2026, 04:05 PM UTC

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