South Korea Unveils $747 Billion Plan to Break Its Fossil Fuel Habit
Shell’s Refining Margin Jumps 75% as Fuel Supplies Dry Up
Norway Plans to Tap $63.7 Billion From Its Oil Fund in 2027
IEA Discusses G7’s 100 Million-Barrel Oil and Diesel Release
UK compressed gases body appoints new CEO
Chevron, Shell and BP Pull Workers From the Gulf Ahead of Hurricane
Australia’s High Court Blocks Major Coal Mine Expansion Over Emissions
QatarEnergy Secures $3 Billion Loan From Chinese Banks as LNG Exports Stall
Europe’s Fuel Squeeze Is Turning Into a Q3 Windfall for Equinor
How Much Gulf Production Will Isaias Knock Out?
Exxon, Chevron report record oil production for second quarter
(Bloomberg) – Exxon Mobil Corp. and Chevron Corp. posted better-than-expected results after record oil production cushioned the impact of lower crude prices. Exxon pumped more oil than it has…
Hungary looking at deployment of BWRX-300s
Friday, 1 August 2025 Hungarian nuclear energy development firm Hunatom has signed a letter of intent with Synthos Green Energy to establish a pre-framework for joint activities relating to project…
Hot testing of second Taipingling unit completed
Friday, 1 August 2025 Tests that simulate the temperatures and pressures which the reactor systems will be subjected to during normal operation have been completed at unit 2 of the…
Rolls-Royce SMR agreements with Škoda and Curtiss-Wright
Friday, 1 August 2025 UK-based Rolls-Royce SMR has signed a memorandum of understanding with the Czech firm Škoda JS to explore the production of key components for a global fleet of…
Freeport LNG Gas Flows Still Curtailed After Power Outage, LSEG Data Show
(Reuters) – The Freeport LNG export terminal in Texas was running at about half of normal capacity on Thursday following a power interruption that had put the entire plant offline…
Asian Refiners Pivot to U.S. Crude as Middle East Prices Surge
Rising prices of Middle Eastern crudes have opened the arbitrage window for West Texas Intermediate (WTI) to flow to Asia, which is set to buy higher volumes of the U.S.…
New Zealand Lifts Offshore Oil and Gas Exploration Ban
New Zealand reopens for oil and gas exploration after the country’s Parliament on Thursday voted to repeal a 2018 ban on offshore resource drilling. Back in 2018, the center-left government…
AI Boom Will Drive U.S. Energy Expansion, Says Interior Secretary Burgum
Low oil prices may be squeezing U.S. shale producers, but Interior Secretary Doug Burgum isn’t worried. In a new interview with The National’s Hadley Gamble, Burgum predicted that skyrocketing demand…
MPLX LP to Buy Northwind Midstream in $2.38 Billion Deal to Expand Permian Basin Footprint
(Reuters) – MPLX LP said on Thursday it will acquire Northwind Midstream for $2.38 billion in cash to expand its sour gas gathering and processing footprint in the Permian Basin,…
TC Energy Raises Full-Year Core Profit Forecast on Natural Gas and Power Demand
(Reuters) – Canadian pipeline operator TC Energy raised its full-year adjusted core earnings forecast on Thursday, driven by increased natural gas and power demand and strength in its North America…
