Vessel for Newcleo technology demonstrator installed

To support Newcleo’s advanced reactor R&D programme, SRS Servizi di Ricerche e Sviluppo Srl has recently completed the installation of OTHELLO, a 2 MW loop-type lead test facility for qualifying…

Malaysia Secures Fuel Supply Through End of July

Malaysia has secured its fuel supply until the end of July, state energy firm Petronas has assured the economy ministry, as Southeast Asia is reeling from the worst supply disruption…

China’s Solar Additions Drop 79% in April as Domestic Market Slumps

China installed much less solar power capacity in April from a year earlier as the domestic solar market continues to adjust to a change in policy following record-high installations and…

Analysts Explain Oil Price Drop

Monday May 25, 2026 – ‘On late Saturday, there seemed to have been a breakthrough in the U.S.-Iran war’, Gaik June Goh, a senior oil market analyst at Sparta Commodities,…

Expert Says Traders Should Brace for July Jump in Oil Prices

Oil traders don’t want to think about the worst-case scenario and lap up every word of U.S. President Donald Trump about a potential deal with Iran, but the market needs…

Oil Prices Fall 6% as U.S.-Iran Peace Talks Gain Ground

Oil prices were sharply lower on Monday following comments by President Donald Trump that diplomatic negotiations with Iran are advancing, easing market fears of severe energy supply disruptions due to…

Oil Slips to Two-Week Low as US and Iran Seen Moving Closer to Deal

Summary Washington cites progress in Iran conflict resolution Trump says there is no rush for Iran deal, US blockade stays Two LNG, one crude tanker cross Strait ​in recent days,…

What Needs to be Agreed to End the Iran War?

Iran’s foreign ministry spokesperson said on Monday that conclusions have been reached on many topics discussed in a potential 14-point memorandum of understanding, but this does not mean a deal…

India Raises Fuel Prices for Fourth Time as Oil Crisis Hits Consumers

India’s state-owned energy majors that trade in fuels raised prices at the pump for the fourth time in the space of a month, reflecting the continued effect of the Strait…

Australia Set to Include Existing LNG Deals in Gas Reservation Scheme

Australia plans to include existing LNG contracts in its so-called Domestic Gas Reservation scheme, expected to come into force in July 2027, to ensure local supply. The new Australian regulation,…