Construction under way of third Taipingling unit

Wednesday, 11 June 2025 (Image: CGN) “On the morning of 10 June, the mobilisation meeting for the construction of unit 3 of CGN Guangdong Taipingling Nuclear Power Project was held…

Oil Prices Hold Near 7-Week High as Market Waits for News From US-China Trade Talks

By US and China enter second day of talks in London Saudi crude exports to China set to fall slightly Upcoming: US oil inventory data from API and EIA NEW…

US Energy Loan Office Should Fund Oil, Gas, White House Aide Says

WASHINGTON, June 10 (Reuters) – The U.S. Energy Department’s loan office should fund oil and gas infrastructure, a White House aide said on Tuesday, as President Donald Trump’s administration moves…

Data Centers Prompt US to Boost Power-Usage Forecast by 92%

By US data centers are rapidly driving up demand for power, with the official forecast for electricity consumption next year almost doubling in the past month. Total power usage in…

Trump Poised to Repeal Biden Curb on Power-Plant Pollution

By and The Trump administration will propose scrapping Biden-era climate mandates requiring the nation’s power plants to curb planet-warming greenhouse gas emissions as soon as Wednesday, according to people familiar…

Japan Imports Russian Oil for First Time Since 2023

Per Japanese government instructions, refiner Taiyo Oil has bought a cargo of Russia’s Sakhalin crude to ensure stable production of the LNG plant that supplies gas to Japan, a company…

China’s Gas Firms Want Power Sector To Prop Up Demand

As China’s natural gas demand growth slows, domestic gas producers are lobbying the authorities to raise the number of gas-fired power plants, which they see as the key growth driver…

US Senate Should Ease Provisions For Clean-Energy Tax Credits, Republican Senator Says

WASHINGTON, June 10 (Reuters) – The U.S. Senate should make changes to House budget reconciliation bill provisions that phase out clean-energy tax credits, including easing start-date requirements, Republican Senator John…

US Sees Oil Output Falling in 2026 in Blow to Trump’s Agenda

By and The US sees domestic crude production declining next year for the first time since 2021 in a blow to US President Donald Trump’s push for American energy dominance.…

Saudi $5 Billion Loan to Nigeria Hangs in the Balance After Crude Prices Plunge

Falling oil prices have made negotiations between Aramco and Nigeria’s government more difficult over a record $5-billion loan backed by oil, which Saudi Arabia’s state oil giant has agreed to…