A Trend Break? EIA Sees Jump in Alaska Oil Production in 2026
Alaska’s production outlook is shifting for the first time in nearly a decade, with the U.S. Energy Information Administration (EIA) on Wednesday projecting that North Slope crude output will rise…
Biotech firm to capture CO2 from steam generation for low-carbon bio-oil
German biotech startup Colipi plans to use carbon dioxide captured from industrial exhaust gases to produce bio-based materials, including low-carbon alternatives to plant-based oils. The firm will filter CO2 from…
Pakistan to Launch Artificial Offshore Island To Jump-Start Oil Exploration
Pakistan is preparing to launch its most unconventional offshore campaign yet in the form of a purpose-built artificial island in the Arabian Sea that will act as a fixed platform…
Saudi Crude Oil Exports Soar to Seven-Month High
Saudi Arabia’s crude oil exports hit a seven-month high in September as its production jumped to a 29-month high, the latest data by the Joint Organizations Data Initiative (JODI) showed…
Global Oil Demand Surged in September
The world’s oil demand jumped in September by 1.4 million barrel per day (bpd) compared to August and by 1.8 million bpd from a year earlier, driven by higher consumption…
Sanctioned Serbian Refinery Fights for Survival With Urgent U.S. License Bid
Serbia’s only refinery Naftna Industrija Srbije (NIS), majority owned by Russian state energy firms and sanctioned by the United States, said on Wednesday it had applied for a special U.S.…
U.S. Backs Nuclear Plant Restart as AI Power Demand Soars
The U.S. Department of Energy is extending a $1-billion loan to help Constellation Energy restart the Three Mile Island Unit 1 nuclear reactor to add baseload power to the grid…
EU’s Fossil Fuel Phaseout Stance Splits at COP30 Summit
As many as 82 countries called for a clear roadmap toward the phase-out of fossil fuels at the global climate summit COP30 in Brazil—but the European Union, which aims to…
The World’s Largest Nuclear Plant Inches Toward Restart After Key Approval
The Kashiwazaki-Kariwa nuclear power plant in Japan, the world’s largest in terms of nameplate capacity, could soon clear a major hurdle toward a partial restart as the governor of the…
Carbon capture project in Japan to produce CO2 for local use
A demonstration plant in Japan will capture and liquefy carbon dioxide from boiler exhaust gas and supply it to the local CO2 market, according to Japanese newsletter the Gas Review.…
