Westinghouse, Hyundai deepen cooperation with Fortum

Tuesday, 24 June 2025 From left to right, Westinghouse Senior Vice President Elias Gedeon, Fortum New Nuclear Power Plant Vice President Laurent Revuegle and Hyundai E&C New Energy Division Director…

Norwegian SMR project development firm launched

Tuesday, 24 June 2025 The Mongstad oil refinery (Image: Nina-no / Wikipedia) Norwegian nuclear project developer Norsk Kjernekraft and Austrheim Municipality have established Fensfjorden Kjernekraft AS for the potential deployment…

Symbolic Missile Attack Calms Oil Markets

Iran fired missiles at a US air base in Qatar after promising it would respond “proportionately and decisively” to President Donald Trump’s weekend airstrikes on three of its nuclear facilities.…

Oil Tankers on Edge in the Strait of Hormuz

After U.S. airstrikes on Iran, some oil tankers did U-turns, paused, or avoided spending even a minute longer than necessary when crossing the Strait of Hormuz—the world’s most vital oil…

Cheniere Sabine LNG plant in Louisiana on Track to Exit Reduction, says LSEG Data

The amount of natural gas flowing to U.S. liquefied natural gas (LNG) company Cheniere Energy’s Sabine Pass export plant in Louisiana was on track to rise to a three-week high…

KEEP IT DOWN! Trump Tells Everyone to Keep Oil Prices Down After Iran Attacks

Trump followed up with another post addressed to the U.S. Department of Energy, encouraging it to “drill, baby, drill” and saying, “I mean now.” Get the Latest US Focused Energy…

EU Commissioner Calls for Strategic Rare Earths Reserve

The European Union needs to create a joint strategic reserve of rare earth elements to avoid supply chain disruptions and economic blackmail from China, Stephane Sejourne, European Commissioner for Prosperity…

Oil Rises in Choppy Session as Investors Weigh Up US strikes on Iran

Oil prices climbed to their highest in five months on Monday as fears grew over what conflict in the Middle East could mean for supplies. Summary Brent, WTI up 1%…

Goldman Sachs Warns of Oil Price surge on Strait of Hormuz Risks 

(Reuters) – Goldman Sachs flagged risks to global energy supply amid concerns over a potential disruption in the Strait of Hormuz that would lead to significant spikes in oil and natural gas prices, the…

Iran’s Supreme Leader asks Putin to do More after US Strikes

Iran’s supreme leader sent his foreign minister to Moscow on Monday to ask President Vladimir Putin for more help from Russia after the biggest U.S. military action against the Islamic…