India extends existing tax waivers for nuclear to 2035

The Union Budget was tabled in India’s parliament on Monday by Finance Minister Nirmala Sitharaman with the key goal “to accelerate and sustain economic growth, by enhancing productivity and competitiveness,…

Inner dome installed at Zhangzhou 3

The Hualong One reactor design features a double-layered containment building, the main function of which is to ensure the integrity and leak tightness of the reactor building, and it plays…

Equinor Slashes 2026 Buybacks as Low Oil Prices Persist

Equinor (NYSE: EQNR) slashed the amount of share repurchases for 2026 to $1.5 billion from $5 billion last year while it narrowly missed earnings estimates for the fourth quarter of…

Eni Expects ‘Very Finely Balanced’ LNG Market This Year

Contrary to forecasts of an LNG supply glut as soon as this year, Italy’s energy major Eni expects a “very finely balanced” market in 2026 as European demand is set…

India Weighs Cheap Russian Oil Against Costly U.S. Trade Commitments

Russia’s flagship crude, Urals, is being offered in India at a widening discount to Brent, with the differential now at $11 per barrel and testing the appetite of Indian refiners…

Trafigura Calls for a Rethink of LNG Project Funding

The current financing model for most LNG export projects, where banks require a large part of the future volumes to be contracted in advance in long-term deals, needs to change,…

Oil Prices Rise on U.S.-Iran Tensions; Broader Selloff Caps Gains

Summary Investors monitor Washington-Tehran developments Drone attack and tanker incident in focus Prices also supported by US inventory draw (Reuters) – Oil prices rose on Wednesday after the U.S. shot…

Trump’s India Pact to Make Big Dent in Russian Oil Revenue

U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S., February 13, 2025.…

Texas Upstream Employment Rises

Employment in the Texas upstream sector increased between November and December 2025. That’s what the Texas Independent Producers and Royalty Owners Association (TIPRO) said in a statement sent to Rigzone…