Adam Whittaker

The U.K. energy regulator said it has taken steps to preserve underused underwater gas pipelines connecting the country's energy grid to continental Europe, preserving the ability to import European gas in case of emergencies.

As companies prepare to post their earnings for the quarter, the spotlight is on oil majors after severe tightness in global fuel markets drove refining margins to all-time highs.

The company now sees Brent at $90 a barrel over the full year, up from $80 and its full-year refining margin at around $25 a barrel of oil equivalent, from $13.

Galp Energia lifted its full-year guidance after third-quarter earnings jumped and it raised its oil-price assumption.

Shares in Portugal's Galp Energia fell after talks with Moeve on a potential merger of their downstream operations collapsed, overshadowing quarterly earnings growth and a full-year guidance hike.

Energy companies could increasingly look to drill offshore Europe as the continent seeks to boost its supply security following the latest global shocks, Eni's operations chief said.

Equinor raised its full-year 2026 oil and gas production target to around 4% growth compared with 2025, up from its previous 3% target.

Equinor's third-quarter earnings doubled on elevated oil and gas prices, and a jump in refining margins triggered by global conflicts which have upended energy markets.

Maurer Rides has unveiled a new passenger transport concept that brings roller coaster engineering into the world of mobility.

Reverchon has announced the passing of Christian Reverchon, a figure whose work helped shape the development of amusement rides.