First concrete poured for tritium removal facility

Tuesday, 3 June 2025 (Image: Nuclearelectrica) It will be the first such facility in Europe, and just the third in the world, with Romania hoping that it will help the…

Trump Budget Proposes Closing Northeast Heating Oil Reserve

(Reuters) – President Donald Trump’s budget proposes to shut as soon as in a few months the Northeast Home Heating Oil Reserve, which stores 1 million barrels of diesel and…

US Natgas Prices Jump 8% to 3-Week High on Lower Output, Higher Demand

(Reuters) – U.S. natural gas futures jumped about 8% to a three-week high on Monday on a drop in output forecasts for warmer weather and higher demand this week than…

Oilfield Services Provider Baker Hughes to Sell Stake in Unit to Cactus

June 2 (Reuters) – Baker Hughes (BKR.O) will sell 65% of its surface pressure control business to a unit of equipment maker Cactus (WHD.N) for $344.5 million, as the oilfield…

Turkey Partners With Socar and BP in Azeri Caspian Sea Gas Field

Turkey’s state energy firm TPAO will sign a partnership deal with UK-based supermajor BP and with Azerbaijan’s state oil and gas company Socar for the development of a natural gas…

Trump Administration to Roll Back Biden’s Curbs on Alaska Oil Drilling

The Trump Administration is working to roll back the severe restrictions on oil and gas drilling in Alaska imposed by the Biden administration, Interior Secretary Doug Burgum has said. The…

Carney Vows to Fast-Track Canadian Energy Projects

During a meeting with oil and gas executives in Canada’s oil-producing province of Alberta, Canadian Prime Minister Mark Carney pledged that the federal government would work to fast-track major projects…

How the House Cut Off New Solar and Wind Subsidies in the “Big Beautiful Bill” – Alex Epstein

By Alex Epstein I invited Representatives Chip Roy and Josh Brecheen for a discussion about how they defeated a hoard of subsidy-seeking lobbyists to cut off new solar and wind…

Kazakhstan’s Giant Kashagan Oilfield to Hit 1 Billion Barrels Production Soon

The Kashagan oilfield, which began production in 2013, is expected to hit the landmark 1 billion barrels of cumulative production by the end of the year, according to Kazakhstan media.…

Russia’s Pipeline Gas Supply to Europe Rose in May

Russia’s natural gas deliveries via pipeline to Europe jumped by 10.3% in May compared to April, data calculated by Reuters showed on Monday. Last month, Russia’s gas giant Gazprom sent…