Doosan selected as Candu Energy preferred vendor

Wednesday, 30 April 2025 (Image: Doosan Enerbility) According to Doosan Enerbility, it was selected by Candu Energy – a subsidiary of AtkinsRéalis – following the shortlisting of nine companies from…

Nordic Investment Bank to help finance Olkiluoto upgrades

Wednesday, 30 April 2025 Olkiluoto units 1 and 2 (Image: TVO) Olkiluoto units 1 and 2 – which were first connected to the grid in September 1978 and February 1980,…

India Boosts U.S. Oil Imports Ahead of Tariff Talks

India is ramping up purchases and imports of crude oil from the United States ahead of crucial talks on the U.S. tariffs next month. As many as 11.2 million barrels…

Scotland’s Sole Oil Refinery Shuts Down for Good

The only refinery in Scotland has stopped processing crude oil after 100 years of operation, as planned by its owners who announced the decision in the autumn of 2024. Last…

China Waives Tariffs on US Ethane Imports, Sources Say

By and Tariff waiver eases pressure on Chinese petrochemical firms China’s tariff waiver not publicly announced yet China buys nearly half of US ethane exports SINGAPORE, April 29 (Reuters) –…

BP Reports 48% Profit Drop as Strategy Chief Leaves

By Profit of $1.38 billion misses analysts’ $1.53 billion Shares down 3.2% CEO signals option for further spending cuts Share buybacks at bottom of guided range Shares down 4% after…

COMMENTARY: US LNG Exporters Could Lose Out As AI Gas Demand Booms

By Share of data centres in U.S. power market to more than double by 2030 Natural gas to account for over half of incremental power supply U.S. natural gas production…

Natural Gas Morphs From Being a ‘Bridge’ to Becoming the Destination

Some power companies have stopped calling the fuel a temporary pathway to renewable energy and are making it central to their long-range plans. By The Gateway Generating Station natural gas-fired…

PetroChina Q1 Profit Rises, Bucking the Trend of Chinese Oil Majors

PetroChina, the largest oil and gas producer in China, reported on Tuesday a net profit for the first quarter up by 2.3%, becoming the only state oil giant to book…

Vattenfall: Tariffs Could Dampen Europe’s Power Demand

The tariff threats could reduce electricity demand in Europe as investors could be more hesitant to invest in new factory capacity amid the ongoing trade wars, the top executive of…