Canada, India Agree to Grow Energy Trade in Relations Reset

Canada and India will pledge to expand trade in oil and gas as the countries reboot their relationship after a diplomatic chill.  Ottawa will commit to ship more crude oil,…

Indian government releases draft energy policy

The Draft National Electricity Policy 2026, once finalised, will replace India’s first National Electricity Policy (NEP) which dates back to 2005. That policy addressed fundamental challenges for the power sector, including…

India’s $100 billion drilling push targets deepwater and frontier oil resources

(Bloomberg) – India’s efforts to expand oil drilling to previously restricted areas could help attract investments worth $100 billion by the end of the decade, Prime Minister Narendra Modi said…

Mott MacDonald to advise UK government on Sizewell C

Under the contract – valued at between GBP3.64 and GBP4.84 million (USD5-6.7 million) – Mott MacDonald will provide expert advice, guidance and support to enable government to effectively fulfil its…

Zhangzhou 3’s steam generators lifted into place

China’s Ministry of Ecology and Environment issued construction licences for Zhangzhou units 1 and 2 on 9 October 2019 to CNNC-Guodian Zhangzhou Energy Company, the owner of the Zhangzhou nuclear…

Stellaria seeks permission to build experimental reactor

The company – a start-up spun out of the French Alternative Energies & Atomic Energy Commission and Schneider Electric – submitted its application for the creation authorisation decree (DAC) for…

Baker Hughes Sees Significant Revenue Opportunity in Venezuela

(Reuters) – Oilfield services company Baker Hughes said on Monday that there is significant revenue opportunity in Venezuela, with the main considerations for operating there being safety and conditions for…

Trump Administration Takes First Step Toward Offering New Offshore Oil Drilling Leases in California

(Reuters) – The Trump administration on Monday invited the oil and gas industry to nominate areas for a potential sale of offshore oil and gas leases in Southern and Central…

US Shale Production Could Fall by 400,000 Barrels Per Day if Prices Dip to $40 a Barrel, Analyst Says

(Reuters) – U.S. shale production could fall by as much as 400,000 barrels of oil per day in 2026 if OPEC countries try to increase market share and oil prices…

US Energy Sector Reels After Winter Storm Knocks Out 2 Million bpd of Crude Output

(Reuters) – U.S. oil producers lost up to 2 million barrels per day or roughly 15% of national production over the weekend, analysts and traders estimated, as a winter storm…