US affirms support for Korean uranium enrichment

The briefing, issued on 13 November by the White House and the Office of the President of the Republic of Korea, follows Trump’s 29 October state visit to Korea at…

Study evaluates potential market for SMRs in industrial sector

Commissioned by uranium enrichment services provider Urenco, the study – titled – analyses the energy demands of 11 industries representing 80% of industrial energy use, going beyond data centres to…

Six German states unite for fusion research

“Working together, they intend to advance this technological development quickly, effectively, and with strategic coordination,” the states said in a joint statement. “The goal of the Fusion Alliance is the…

Tripling of nuclear capacity is achievable, says World Nuclear Association

On Energy Day at the 2025 United Nations Climate Change Conference, COP30, in Belém, Brazil, World Nuclear Association previewed findings from its forthcoming report, World Nuclear Outlook Report 2025. The…

EU Development Bank Boosts Funding for Ukraine Gas Supply

The European Union’s development bank has decided to provide additional funds to Ukraine’s state energy firm Naftogaz to secure natural gas supply amid continued Russian attacks on the Ukrainian energy…

Oil Prices Tick Up After Steep Losses in Previous Session

Summary API shows rise in weekly US crude, sources say OPEC report says oil supply will match demand in 2026 IEA says oil, natural gas demand to grow through 2050…

Australia’s Conservative Opposition Ditches Net-Zero Goal

Australia’s Liberal Party, the conservative opposition party, is abandoning the net-zero by 2050 target and will remove it from the country’s Climate Change Act if elected, the party leaders announced…

Norway’s Oil Industry Raises 2026 Investment Forecast

Energy operators offshore Norway expect to invest $24.8 billion (249 billion Norwegian crowns) in oil and gas activities next year, Statistics Norway’s latest quarterly survey showed on Thursday.   The estimate…

Hungary’s MOL Moves to Acquire Stake in Sanctioned Serbian Refinery

Hungarian oil company MOL is close to buying an 11.3% stake in Serbia’s only refinery from its Russian owners, Serbian news outlet NIN reported on Thursday, citing sources familiar with…

IEA Warns Oil Glut Will Be Worse Than Expected

The surplus on the oil market next year will be even higher than previously expected, the International Energy Agency (IEA) said on Thursday, as it raised both its demand and…