Decommissioning of oldest Korean reactor approved

Thursday, 26 June 2025 Kori unit 1 (Image: KHNP) Kori 1 started commercial operation in 1978. Korea Hydro & Nuclear Power (KHNP) announced in August 2015 it had withdrawn its…

Italian cement manufacturers to evaluate Newcleo reactors

Thursday, 26 June 2025 (Image: Newcleo) Newcleo says the lead-cooled advanced modular reactors it is developing will offer carbon-free energy and could play a strategic role in helping industry achieve…

US Crude, Gasoline and Distillate Inventories Fall Last Week- EIA

U.S. crude oil, gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories fell by 5.8 million barrels to 415.1 million barrels in the…

US Gasoline Demand Rose Last Week to Highest Since December 2021, EIA Data Shows

(Reuters) – U.S. product supplied of gasoline rose to 9.6 million bpd in the week ended June 20, the highest since December 2021, data from the Energy Information Administration showed…

Trump Signals US May Need to Ease Iran Oil Sanctions to Help Rebuild Country

(Reuters) – President Donald Trump said on Wednesday that the U.S. has not given up its maximum pressure on Iran – including restrictions on sales of Iranian oil – but…

IEA Calls for More Investment in Ensuring Universal Energy Access

The world has made progress in increasing access to basic electricity, but developing nations need much more financial support to reach 666 million people in vulnerable and rural areas who…

Russia to Boost Exports of China’s Favorite Russian Crude in July

Russia is set to raise the shipments of the ESPO Blend crude from its Far East port of Kozmino in July, after lower exports this month due to maintenance, trading…

China and India Cut Imports of Lower-Quality Coal From Indonesia

The world’s biggest and second-biggest coal importers, China and India, respectively, have reduced purchases of Indonesia’s lower-grade thermal coal as lower coal prices have made higher-grade coal competitive this year.…

Giant Leviathan Gas Field Offshore Israel Resumes Operations

The massive Leviathan gas field offshore Israel is resuming production on Wednesday, following two weeks in which it was shut down due to the Israel-Iran conflict. Leviathan, operated by U.S.…

April Price Crash Dragged Saudi Arabia’s Oil Revenues to 4-Year Low

Saudi Arabia’s revenues from oil exports crashed in April by 21% from a year earlier – to the lowest level in nearly four years – as international oil prices dipped…