UK CO2 supply resilience consultation closes this week
By 16 min ago 2 min read The UK government’s on domestic carbon dioxide (CO2) supply resilience is set to close Thursday evening (20 August). The scope focuses on strengthening…
Libya Power Crisis Explodes as Grid Fails Again
Libya’s electricity grid suffered another major collapse on Monday, knocking power plants offline across western, central and southern parts of the country, shutting down the Great Man-Made River water system,…
Chevron Strikes Oil and Gas Offshore Angola in Major Discovery
Chevron has announced a new oil and gas condensate discovery offshore Angola, hitting more than 2,000 feet of hydrocarbons in a Block 0 exploration well that could be tied directly…
Russia Receives First Gasoline Cargo From India as Fuel Shortages Spread
Russia has received its first gasoline cargo from India as Ukrainian attacks knock out refining capacity and a second wave of fuel shortages spreads across at least 10 Russian regions,…
ExxonMobil awards $1.1bn in contracts for Mozambique LNG project
By 13 min ago 2 min read ExxonMobil Mozambique has awarded approximately $1.1bn in pre-investment contracts for critical long-lead upstream equipment supporting the Rovuma LNG Phase 1 development in Cabo…
What is the near-term feasibility of helium-3 fuel for fusion power?
The near-term feasibility of using helium-3 as a fuel for fusion power hinges on the establishment of a reliable supply chain and the advancement of fusion reactors to commercial operation.…
China Added 200,000 Bpd to Crude Reserves in July Despite Hormuz Crisis
China is estimated to have added about 200,000 barrels per day (bpd) of crude oil to its huge inventories in July as imports rebounded from a decade-low in June and…
Japan’s Oil Crisis Eases, But the Import Bill Keeps Climbing
The oil crisis in Japan has eased in recent weeks as the resource-poor G7 economy that depended on the Middle East for 90% of its crude oil supply has managed…
Iraq-Syria Oil Pipeline to Bypass Hormuz Is 4 Years and $15 Billion Away
The project to ship Iraqi crude to the Syrian Mediterranean coast to bypass the Strait of Hormuz is still at least four years and $15 billion in investments away, sources…
China’s Renewables Boom Faces Record Clean Power Curtailments
Grid constraints and rising coal-fired power generation in China led to soaring curtailment rates of solar and wind power generation in the first half of the year. China curtailed as…
