Oil Inventories Headed Toward Multi-Decade Lows, US EIA Warns
(Reuters) – Oil stockpiles in the world’s largest economies are headed toward the lowest levels since at least 2003 as inventories are drawn down at a record pace due to…
US Power Use to Beat Record Highs in 2026 and 2027 as AI Use Surges, EIA Says
(Reuters) – U.S. power consumption, which hit its second straight annual record high in 2025, will rise further in 2026 and 2027, driven by AI-hungry data centers and electrification, the…
Devon Energy provides Full-Year Forecast After Merger With Coterra Energy
June 9 (Reuters) – Devon Energy (DVN.N) on Tuesday said it expects production to average 1.38 million barrels of oil equivalent per day in 2026, including oil output of 500,000…
DOE approval of Xcimer fusion power plant preconceptual design
Athena is the reference architecture for Xcimer’s planned fleet of fusion power plants. Designed for continuous operation, industrial scale, and a fuel cycle that renews itself, Athena integrates the company’s…
Chile and Argentina sign nuclear cooperation agreement
The two countries have had agreements on cooperation in the area of peaceful uses of nuclear technology dating back to 1976. This latest agreement was signed by representatives of Argentina’s National Atomic…
BN-1200 targeted for construction start in 2027
The unit, which will be the fifth at the site in Russia’s Sverdlovsk region, will become the world’s largest fast-neutron reactor. The sodium-cooled BN-series fast reactor plans are part of Rosatom’s…
Japan, Kazakhstan extend cooperation on fast reactors
The Japan Atomic Energy Agency (JAEA) and the National Nuclear Centre of the Republic of Kazakhstan (NNC RK) have been advancing the phased EAGLE Projects on core safety experiments of…
India Eyes Russian Steelmaking Coal Assets
Indian state-controlled steelmakers are considering buying coking coal assets in Russia to boost the supply of the raw material that India designated as a critical and strategic mineral early this…
India’s Fuel Demand Falls 6.5%, LPG Consumption Drops 20%
India’s fuel consumption fell by 6.5% in May from a year earlier while sales of liquefied petroleum gas (LPG), a key cooking and industry input fuel, tumbled by 20% as…
Kuwait Offers First Crude Cargoes to Asia since Iran War Started
Kuwait, one of OPEC’s top producers and one of the exporters most affected by the near-closure of the Strait of Hormuz, is offering its crude to Asian buyers for the…


OPEC+ holds November oil production targets steady as supply remains constrained
Japan’s JERA Creates Oil Storage Firm to Manage National Reserve Sites
Alaska LNG Hinges on How Much Asian Buyers Will Pay for Energy Security
WTI Sinks Nearly 4% as EU Weighs Emergency Stockpile Release
Latest Dallas Fed Survey Reveals Theme Among Respondents
What is the near-term feasibility of helium-3 fuel for fusion power?
UN Says Global Fuel Subsidies Could Top $1 Trillion
JERA CEO Warns LNG Prices Have Further to Climb
Scaling up: Blue Star’s next phase in Colorado
Shougang, Rio Tinto commission carbon capture trial facility at China steel plant








