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
IAEA warns of impact on nuclear safety of attacks on Ukraine’s energy infrastructure
Friday, 29 November 2024 The IAEA’s Grossi, pictured in September (Image: Dean Calma/IAEA) In the agency’s latest update it said that the nuclear power plants – Khmelnitsky, Rivne and South…
Go-ahead for expansion of Swedish repository
Friday, 29 November 2024 The blue area shows where SKB plans to extend the existing SFR repository (Image: SKB) The SFR repository is situated 60 metres below the bottom of…
Ukraine thermal power plant rebuild bill to top €250m in 2024
The bill to rebuild Ukraine’s thermal power plants (TPPs) will be an estimated €250m this year, according to a DTEK winter energy update. Delivering a ‘call to action’, following an…
‘PoWer’ consortium explores hydrogen for construction and agriculture
Efforts to decarbonise heavy-duty and off-road machinery have gained momentum as Purem by Eberspaecher collaborates with leading manufacturers and institutions in Germany on the “PoWer” project. The initiative, backed by…
CERN Partners with Voltalia to Power Particle Accelerators with Renewable Solar Energy
Representational image. Credit: Canva Voltalia has signed a power purchase agreement (PPA) with CERN (European Organization for Nuclear Research) for two solar farms under development in France. CERN, a renowned…
Suniva And Imperial Star Solar Ink Contract To Strengthen U.S. Solar Manufacturing
Representational image. Credit: Canva Suniva, a pioneer and leading U.S. manufacturer of high-efficiency monocrystalline silicon solar cells, has entered into a multi-year strategic sourcing partnership with Imperial Star Solar, a…
Serbia Launches Second Renewable Energy Auction With EBRD Backing To Boost Green Power
Representational image. Credit: Canva Serbia has launched its second renewable energy auction, aiming to support wind and solar projects through a 15-year contract-for-difference (CfD) scheme. The auction will allocate up…
IFC Report: Modernizing Power Markets Essential For Universal Energy Access And Climate Goals
Representational image. Credit: Canva A recent report by the IFC highlights the pressing need to expand electricity access for over 685 million people worldwide who still live without it. Titled…
KfW approves €24bn loan for Germany hydrogen network
KfW Development Bank has approved a €24bn loan to support the construction of Germany’s national hydrogen core network. The ambitious 9,040km link, which aims to be completed by 2032, will…
Market Circumstances Not Supportive of OPEC+ Cut Unwind, StanChart Says
Market circumstances are not supportive of production-cut unwinding. That’s what analysts at Standard Chartered Bank, including the company’s head of commodities research Paul Horsnell, said in a report sent to…
