Japan Restarts Nuclear Power at Kashiwazaki Kariwa After 14 Years in the Dark
Japan’s Tokyo Electric Power Company (TEPCO) has restarted Unit 6 of the Kashiwazaki-Kariwa nuclear power plant, following a 14-year shutdown following the 2011 Fukushima disaster. The 1,360 MW reactor is…
Indian Refiners Urged to Buy More U.S. and Venezuela Oil
India’s government has asked refiners to consider buying more crude cargoes from the U.S. and Venezuela on the spot market as Indian oil purchases are under scrutiny following the trade…
Big Oil Courts Syria for Major Exploration Deals
Syria expects to award oil and gas exploration licenses to major international oil firms as it looks to tap its estimated huge reserves, the chief executive of the state-owned Syrian…
Novatek’s 2025 Profit Tumbles 60% as Sanctions Bite
Russia’s biggest LNG producer and exporter, Novatek, reported on Wednesday a 60% slump in its profit for 2025 from a year earlier. Profit attributable to shareholders of Novatek plunged to…
TotalEnergies Q4 Profit Slips on Lower Oil Prices
Fourth-quarter earnings at French supermajor TotalEnergies (NYSE: TTE) fell by 13% from a year earlier as higher upstream production and improved refining margins couldn’t offset the decline in oil prices. …
Trump Allows U.S. Firms to Provide Services for Venezuela’s Oil
The Trump Administration has further eased the sanctions on Venezuela’s oil industry by allowing U.S. firms to provide services and technology for hydrocarbon exploration and production in the South American…
EIA Sees Brent Price Dropping in 2026 and 2027
In its latest short term energy outlook (STEO), which was released on February 10, the U.S. Energy Information Administration (EIA) projected that the average Brent spot price will drop in…
Siemens Boasts Record Gas Turbine Demand
Record demand for gas turbines has pushed Siemens Energy’s order book to an all-time high as well, amid soaring electricity demand that, it appears, cannot be entirely met with new…
