Utility consortium looks to Nebraska new build

Four public power utilities – Lincoln Electric System, Nebraska Public Power District, Omaha Public Power District and Grand River Dam Authority – have signed a Memorandum of Understanding to form the…

Laurentis, BWXT and CNPSA sign Bulgarian new nuclear contract

The contract signed by project company Kozloduy NPP-New Build EAD with Laurentis Energy Partners, its subsidiary Canadian Nuclear Partners SA (CNPSA) and BWXT Canada was announced in Sofia at an event attended…

U.S. Sanctions Force Serbia’s Only Refinery to Shut Down

The United States has denied a sanctions waiver to Serbian refinery Naftna Industrija Srbije (NIS), majority owned by Russian state energy firms and sanctioned by the United States, forcing Serbia’s…

Oil Prices Steady on Worries About Geopolitical Risks to Supply

Summary Markets weigh risk from Ukraine attacks on Russian facilities Caution emerges over US-Venezuela situation Decline in India’s Russian oil imports may be brief: Kremlin spokesperson LONDON, Dec 2 (Reuters)…

Argentina Notches First LNG Sales Deal as Shale Patch Booms

By and Argentina has secured its first agreement for long-term sales of liquefied natural gas, a key step in its bid to become a global supplier of the fuel as…

Exxon Eyes Lukoil’s Huge Iraqi Oilfield as U.S. Sanctions Forces Sales

U.S. supermajor ExxonMobil has approached Iraq’s Oil Ministry to express interest in buying Lukoil’s 75% stake in the West Qurna 2 oilfield, one of the largest in Iraq, Reuters reported…

TotalEnergies Partners with Japanese Giants for U.S. Synthetic Gas Project

TotalEnergies is partnering with several Japanese firms to develop the Live Oak project in Nebraska—a facility to produce electric natural gas (e-NG), synthetic gas produced from renewable hydrogen and CO2,…

Kazakhstan Plans to Double Oil Refining Capacity by 2040

Kazakhstan plans to build a new large refinery and boost existing refining capacity to more than double its crude processing capacity by 2040, Energy Minister Yerlan Akenzhenov said on Tuesday. …

EIA Sees Gasoline, Diesel Price Dropping in 2025, 2026

The U.S. Energy Information Administration (EIA) projected that the U.S. regular gasoline and U.S. on-highway diesel fuel retail price will drop both in 2025 and 2026 in its latest short…

Nigeria Opens 50 Oil and Gas Blocks in $10 Billion Investment Push

Nigeria has tendered 50 oil and gas blocks, eyeing $10 billion in new investments over the next ten years and 400,000 barrels daily in additional production capacity, local media report.…