U.S. Crude Stocks Rise Against Forecasted Draw

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose this week, adding 1.539 million barrels in the week ending July 25. This is a…

Oil Prices Remain Elevated as Traders Brace for Volatile Week

Oil prices held onto recent gains in early Asian trading on Wednesday, buoyed by a complex mix of geopolitical risks, tightening trade policies, and anticipation surrounding the U.S. Federal Reserve’s…

Oil Pauses Rally as Markets Weigh Trump’s Ultimatum to Russia

Summary Trump cuts deadline, vows sanctions if Russia makes no progress Supply risks rise over U.S. warning to China over Russian oil China unlikely to comply with U.S. sanctions, analysts…

Tesla Signs $4.3 Billion Battery Deal with LGES, Source Says, Reducing China Reliance

Summary LGES to provide Tesla with LFP batteries for energy storage systems from US factory -source Tesla has been looking to reduce reliance on Chinese suppliers amid tariff, policy headwinds…

Floating LNG Becomes Superstar in Global Gas Markets

Floating LNG is having its moment. Once dismissed as costly and unreliable, FLNG is now one of the fastest-growing segments in the gas industry—and analysts at Rystad Energy say global…

Oil Prices Rally on US Pressure on Russia, Trade Deal Optimism

By Brent, WTI hit highest since June 20 US to start impose tariffs and other measures on Russia ten days from today, Trump says China could face high tariffs if…

Korean SMRs to be considered for Norwegian project

Wednesday, 30 July 2025 Norway’s Trondheimsleia Kjernekraft AS and Korea Hydro & Nuclear Power are to conduct a feasibility study on the construction of a power plant based on multiple…

Regulator approves South African waste facility licence transfer

Wednesday, 30 July 2025 Vaalputs is South Africa’s facility for the disposal of low-level radioactive waste (Image: NRWDI) The Vaalputs National Radioactive Waste Disposal Facility in the Northern Cape Province…

Tomari 3 meets safety requirements, regulator concludes

Wednesday, 30 July 2025 Unit 3 of Hokkaido Electric Power Company’s Tomari nuclear power plant – Japan’s newest power reactor – has moved a step closer to restarting after the…

ENEC and Samsung C&T to collaborate on global nuclear projects

Wednesday, 30 July 2025 The Emirates Nuclear Energy Company and Samsung C&T Corporation have signed a memorandum of understanding to jointly explore projects ranging from restarts in the USA, to…