Trump and Starmer Set to Seal Sweeping Nuclear Energy Deal
Britain and the United States are set to sign a sweeping agreement to accelerate nuclear power development during U.S. President Donald Trump’s state visit this week, marking what Keir Starmer…
Puerto Rico Climate Case Against Oil Majors Gets Tossed
A federal judge in Puerto Rico has tossed out a climate lawsuit against a slate of oil and gas majors, ending a challenge brought by nearly 80 municipalities five years…
Kuwait Said to Mull Pipeline Deal to Raise Billions
Kuwait Petroleum Corp. is considering leasing part of its pipeline network to help fund a $65 billion investment plan that covers everything from upstream to petrochemicals, according to people familiar…
U.S. Energy Chief: EU Can Quit Russian Gas in Less Than 12 Months
The EU could accelerate the phase out of natural gas imports from Russia and end purchases within six to 12 months by replacing it with American LNG, U.S. Energy Secretary…
China’s Oil Buying Spree Won’t Stop Coming Glut
China is set to continue its crude stockpiling throughout next year, but even the buying spree from the world’s top crude importer would not be sufficient to support oil prices…
IEA Slashes Clean Hydrogen Production Forecast
Rising costs and uncertain regulatory and demand picture have made low-emission hydrogen projects more challenging and clean hydrogen production by 2030 could be a quarter lower than expected at this…
Japan Cuts Price Cap on Russian Oil to $47.60
Japan joins the EU in cutting the price cap on purchases of Russian oil to $47.60 per barrel, in a move effective Friday and aimed at punishing Russia over the…
Global EV Sales Growth Slows as Chinese Surge Cools
Global electric vehicle sales grew by 15% in August from a year earlier, slower than the 27% growth rate in January-July, as EV sales in the biggest market, China, increased…
Beijing’s Ambitious Plan to Double Energy Storage by 2027
China plans to have its battery storage capacity more than double to 180 gigawatts (GW) by 2027 in a new plan aimed at attracting $35.1 billion (250 billion Chinese yuan),…
Australia Approves North West Shelf LNG Extension to 2070
Australia has given the final approval for the North West Shelf Project Extension that will see the operating life of the country’s biggest and oldest LNG plant extended to 2070. …
