US Says it Has Returned to Venezuela All $500 Million of Initial Oil Sale
US Refiners Struggle to Absorb Sudden Surge in Venezuelan Oil Imports
Commonwealth LNG Strikes 20-Year Supply Deal With Mercuria as US Pushes LNG Export Growth
US Soon to Issue General License for Oil Production in Venezuela, Sources Say
Marathon Petroleum Beats Earnings Expectations as Refining Margins Surge
Oil Tanker Rates Soar Amid Shipping Shortages and Middle East Tensions
Libya Signals a New Gas Push as Europe Searches for Supply
Ørsted to Sell European Onshore Business for $1.7 Billion
Kuwait Seeks Foreign Majors’ Help to Develop Offshore Fields
Qatar Moves to Reclaim Japan’s LNG Market With Major Jera Deal
Trump Says India Will Buy Oil From Venezuela
ABOARD AIR FORCE ONE – (Reuters) – U.S. President Donald Trump on Saturday said India will buy Venezuelan oil, helping to replace some of the Russian oil that the world’s…
Darlington refurb completed ahead of schedule, under budget
Candu units are pressurised heavy water reactors designed to operate for 30 years before refurbishment. Refurbishment is a major undertaking: it includes the replacement of key reactor components such as…
Serbia discusses new nuclear with French development agency
Đedović Handanovic, pictured above, noted the existing cooperation agreement in the field of nuclear energy between the Serbian Government and France’s state-owned energy giant EDF, which included a preliminary technical study…
Yokogawa to supply Rolls-Royce SMR control systems
The scope of the agreement includes design engineering, validation and qualification, product hardware, building and testing the system, installation and commissioning of the SMR’s main control system. The project will…
Kursk II’s first unit reaches 40% capacity
By 13:00 local time on 30 January the unit was operating at a load of 408 MW, which is about 40% capacity for the VVER-TOI reactor. Pilot operation began the…
Union Budget 2026: Solar Power Anchors India’s Clean Energy Transition with Focus on Manufacturing, Storage, and Grid Resilience
The Union Budget 2026 places clean energy, especially solar power, firmly at the centre of India’s growth and energy transition strategy. With a clear focus on scale, affordability, manufacturing strength,…
Exxon, Chevron See Glimmer of Venezuela’s Potential, But With Long Road Ahead
Summary Exxon, Chevron cautious on Venezuela investments despite U.S. push Exxon, Chevron CEOs stress need for legal, political stability Venezuela’s political shifts may benefit Exxon, Chevron in Guyana (Reuters) –…
Oil Hovers Near Six-Month High as Investors Track US-Iran Tensions
Summary Iran says defense capabilities not for discussion US issues new Iran-related sanctions Trump names Kevin Warsh for Fed chair Oil benchmarks set for highest monthly gains in since 2022…
US Lower 48 Crude Output Down 379,000 Bpd in January on Storm Outages
U.S. crude output is expected to be down 379,000 barrels per day in the lower 48 states for the month of January, according to consultancy Rystad, as operators kept restoring…
Glut To Trump Geopolitics to Keep Oil Price around $60 This Year
The global oversupply is set to override geopolitical flare-ups this year, keeping oil prices close to the $60 per barrel mark, the monthly Reuters poll showed on Friday. Brent Crude…
