US Natural Gas Prices Fall 4% to 11-Week Low on Record Output

(Reuters) – U.S. natural gas futures slid about 4% to an 11-week low on Monday on record output, lower flows to liquefied natural gas export plants, and ample amounts of…

Oil Prices Settle at Lowest in Over a Week, as US Pauses Attacks on Iran

Trump pauses attacks to allow more time for diplomacy, US ambassador says Trump threatens strong military action if talks with Iran fail Strait of Hormuz traffic stays low despite pause…

US Energy Department Orders More Power Resources for Western Electric Grid

By Order lets SPP use backup generators before a level three emergency alert SPP’s West region will remain under a conservative operations advisory until Aug 1 Friday import losses left…

Red Sea Tanker Traffic Falls to Multi-Month Low After Houthi Threats

Tanker traffic through the Bab el-Mandeb Strait slumped to a multi-month low on Sunday amid Houthi attacks on Saudi oil infrastructure on the Red Sea coast. Only 11 tankers carrying…

Gasoline in Australia Jumps to Highest Level Since March

Fuel prices in Australia hit last week the highest level since March as the hostilities in the Middle East drove international crude oil prices to the highest in two months.…

Houthi Threats Force Saudi Crude Tanker Onto Suez Route To Asia

The Houthi threats to shipping in the Red Sea and its chokepoint, the Bab el-Mandeb Strait, have forced at least one oil tanker carrying Saudi crude to Asia to choose…

Russia Says Fuel Crisis Is Easing as Refineries Restart

The fuel crisis in Russia has started to ease in recent days as some refineries have restarted operations, Russia’s Deputy Prime Minister Alexander Novak said on Sunday. “The situation is…

Indian Refinery MRPL Bars Crude Suppliers From Hormuz, Red Sea Routes

India’s Mangalore Refinery and Petrochemicals Ltd. (MRPL) has become the first Indian refinery to tell crude suppliers to avoid both the Strait of Hormuz and the Red Sea, inserting the…

EDF teams up with Technip Energies for EPR2 delivery

In February 2022 President Emmanuel Macron announced that the time was right for a nuclear renaissance in France, saying the operation of all existing reactors should be extended without compromising…

Argentina’s Nucleoeléctrica signs MoU relating to life extension project in Romania

It says that the company is aiming to “expand its revenue streams, generate foreign exchange, and project the expertise developed by the Argentine nuclear industry internationally”. Both Romania’s Cernavoda plant…