Last year generation capacity fell below 10GW, down from its pre-war total of just under 60GW, and against current demand of at least around 18GW. Some $90.6bn is needed for the rebuild through to 2035.

Ukraine’s energy future hinges on reform as war damage tops $88bn - KSE

Energo - CEE/FSU Power
By Ben Aris in Berlin 8 June 2026
Ukraine’s ability to keep the lights on through another wartime winter will depend as much on reform as reconstruction, according to a new report by the Kyiv School of Economics (KSE).
The last three years have been the hottest ever on record and this year not expected to be any different.

The world's record heatwaves - Statista

REM - Renewable Energy
By Newsbase 8 June 2026
According to NASA, there is “unequivocal evidence that Earth is warming at an unprecedented rate”, Statista reports.
Ships remain stuck in the Persian Gulf as tensions continue.

Fitch raises oil and gas sector outlook to improving on Hormuz closure price effect

MEOG - Middle East Oil & Gas
By bnm Gulf bureau 8 June 2026
Fitch has raised its 2026 oil and gas outlook to improving, lifting its Brent assumption to $87 on a five-month Strait of Hormuz closure, with prices seen at $100-110 before easing to $70 by September.
Nasa satellite imagery.

Atlantic 'cold blob' points to weakening ocean current nearing tipping point, study finds

REM - Renewable Energy
By Newsbase 8 June 2026
The cooling of the North Atlantic "cold blob" is being driven by a weakening AMOC current system that may be nearing a tipping point, a new study using observational data has found.
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