Oil Prices Sink 4% as OPEC Moves to Balanced 2026 Outlook

Oil prices fell sharply on Wednesday after OPEC said it now expects the global market to be balanced in 2026, abandoning its earlier deficit forecast as non-OPEC production rises and…

China Looks to Expand Renewable Energy Use Beyond Electricity

China will aim to use more renewable energy such as green hydrogen and green ammonia to avoid curtailments of solar and wind power whose soaring capacity sometimes boosts clean power…

  • Coal
  • November 13, 2025
Procuring Power: Experts Discuss Contract Complexities

Securing a reliable supply of electricity requires plenty of research to balance the risks and rewards of striking a deal. The post appeared first on .    

EIA Raises US Oil Output Forecast, Says Oversupply Will Weigh on Prices

(Reuters) – U.S. oil production is expected to set a larger record this year than previously forecast, even as global oil supply outpaces fuel demand, the Energy Information Administration said…

BP in Active Talks With Stonepeak Over Castrol Sale, Sources Say

(Reuters) – BP is in active talks with investment firm Stonepeak over the sale of its Castrol lubricants unit, two people with knowledge of the situation said, in what would…

Oil Prices Plunge 2.5% as OPEC, IEA Outlooks Point to Softer Market

Oil prices tumbled on Tuesday, with Brent down 2.46% at $63.56 a barrel at 9:54 a.m. ET, and West Texas Intermediate (WTI) slid 2.64% to $59.43, as traders reacted to…

UK selects Wylfa to host at least three Rolls-Royce SMRs

“Sitting on the North Wales coast, Wylfa has a strong nuclear heritage dating back to the 1960s,” the government said. “The first-of-its-kind project is expected to support up to 3,000…

Brazil’s microreactor project under way

The National Nuclear Energy Commission (CNEN) project aims to demonstrate the feasibility of the development of a Brazilian 3-5 MW microreactor. The vision is for the microreactor to fit within…

Korean reactor cleared for extended operation

Kori unit 2 – South Korea’s second nuclear power reactor – began commercial operation in August 1983. The 685 MWe pressurised water reactor’s operating permit expired on 8 April 2023,…

Anfield breaks ground at Utah uranium mine

The symbolic first dig marked the official launch of construction activities including mine reopening, dewatering, and development, following expedited federal and state approvals. The mine, in southeastern Utah, was approved…