LNG layup processes add to Gulf shipping complexities
China’s Sinopec to Slash Refinery Rates amid Crude Supply Shock
Alaska LNG Needs More Offtake Commitments Before Final Investment Decision, CEO Says
Emergency Stockpile Oil Coming Soon to Iran-Wracked Markets, IEA Says
IRAN’S “CROWN JEWEL” – Kharg Island, Struck by US, is Key Hub for Iran Oil Exports
US Authorizes 13% Increase in Exports at Venture Global’s Plaquemines LNG Terminal
Trump Threatens More Strikes on Iran’s Kharg Island, Pushes Allies on Strait of Hormuz
Sabah Unveils New Renewable Energy Framework To Boost Clean Power Investment In Malaysia
Actis Sells Peru Power Generation Platform Orygen to Grupo Romero
GE Vernova And Hitachi Explore Small Modular Reactor Deployment Across Southeast Asia
Three Illinois reactors receive licence extensions
In the USA, commercial nuclear power plants are initially licensed by the Nuclear Regulatory Commission (NRC) to operate for up to 40 years. A first licence renewal covers an additional…
Norwegian towns take stakes in nuclear project company
In July 2024, Farsund and Lyngdal – both located in Agder county, on the southern tip of Norway – entered into cooperation agreements with Norsk Kjernekraft regarding the investigation of…
Shell Renews Efforts to Sell Stake in Rosneft-Held German Refinery
Shell has restarted a process to sell its minority 37.5% stake in the Schwedt refinery in Germany, whose majority shareholder is now-sanctioned Russian state oil giant Rosneft, Reuters reported on…
Russia’s Crude Price Slips to Lowest since Ukraine Invasion
The price of Russia’s crude has tumbled over the past three months to its lowest level since Russia invaded Ukraine in early 2022, weighed down by intensified U.S. sanctions and…
Ford to Take $19.5 Billion in Charges Tied to Sweeping EV Unwind
Automaker is cancelling a planned electric F-Series truck and shifting production toward gas and hybrid vehicles By Keith Naughton and Gabrielle Coppola Ford Motor Co. will take $19.5 billion in…
Global Solar Power Expansion to Dip for the First Time Ever in 2026
Amid major policy shifts, next year will see the first-ever decline in annual solar power capacity installations, following the weakest growth in seven years in 2025, according to BNEF’s Global…
Pakistan and Russia Discuss Oil Cooperation Deal
Pakistan and Russia are discussing a potential cooperation agreement in the oil sector, including in exploration, production, and refining, Pakistani Finance Minister Muhammad Aurangzeb told Russian news agency RIA on…
US Investor Group Kimmeridge Offers $6 Billion for Gas Driller Ascent Resources, FT Reports
“Our view is that this is a significant premium versus the valuation proposed in the continuation funds,” U.S.-based Kimmeridge’s managing partner Ben Dell told the newspaper. Get the Latest US…
Why is the Trump Administration Putting Pressure on Venezuela?
US President Donald Trump Below is a look at the mix of issues that appear to be contributing to the pressure campaign. DRUGS The Trump administration informed Congress in October…
Shell Greenlights US Gulf Waterflood Project to Boost Oil Recovery
LONDON, Dec 16 (Reuters) – Oil major Shell (SHEL.L) has taken a final investment decision on a waterflood project at its Kaikias field in the U.S. Gulf of Mexico, aiming…
