US Upstream Oil and Gas Dealmaking Hit Two-Year High in Q1 2026
By HOUSTON, May 13 (Reuters) – Dealmaking in the U.S. upstream oil and gas sector jumped to $38 billion in the first quarter of this year, marking the highest quarterly…
Italy prepares for return of nuclear power
Responding to a question on the establishment of a control board to address the country’s strategic priorities, she told the Senate: “I believe your question raises a common ground, which…
WENRA says regulatory framework needed for nuclear shipping
In June 2025, the 110th session of the International Maritime Organization’s (IMO’s) Maritime Safety Committee recognised that the Code of Safety for Nuclear Merchant Ships was outdated and represented a barrier…
FANCO and AtkinsRéalis form strategic alliance for SMR deployment
The partnership will combine the companies’ technical, commercial, and organisational capabilities to develop, test, and license EAGL-1. AtkinsRéalis will serve as the exclusive engineering, procurement, and construction management (EPCM) provider…
China eyes more U.S. oil amid Hormuz disruption, White House says
Map source: Global Energy Infrastructure (Bloomberg) – A White House official said that Chinese President Xi Jinping opposes efforts to charge a toll to navigate the Strait of Hormuz…
First RITM-200 reactor unit manufactured for Leningrad nuclear icebreaker
Each of the Project 22220 nuclear icebreakers has two RITM-200s – pressurised water reactors with a thermal capacity of 175 MW, which converts to 30 MW at the propellers. It…
Operation of Swiss plants up to 80 years feasible, report says
Switzerland currently has four nuclear reactors – two at the Beznau plant and one each at the Gösgen and Leibstadt plants – generating about one-third of its electricity. They all…
Solar to Surpass Coal in Texas Power Generation in 2026, EIA Says
(Reuters) – Annual electric power generation from utility-scale solar will surpass that from coal for the first time in 2026 within the electricity grid, the U.S. Energy Information Administration said…
US Energy Firms Pull Record Amounts of Crude From SPR Last Week, EIA Says
(Reuters) – U.S. energy firms pulled a record 8.6 million barrels of crude from the Strategic Petroleum Reserve (SPR) in the week ended May 8, reducing the total amount of…
US Crude and Gasoline Inventories Fell Last Week, Distillates Rose, EIA Says
(Reuters) – U.S. crude and gasoline stocks fell last week while distillate inventories rose, the U.S. Energy Information Administration said on Wednesday. Crude inventories fell by 4.3 million barrels to…


South Korea Unveils $747 Billion Plan to Break Its Fossil Fuel Habit
Shell’s Refining Margin Jumps 75% as Fuel Supplies Dry Up
Norway Plans to Tap $63.7 Billion From Its Oil Fund in 2027
IEA Discusses G7’s 100 Million-Barrel Oil and Diesel Release
UK compressed gases body appoints new CEO
Chevron, Shell and BP Pull Workers From the Gulf Ahead of Hurricane
Australia’s High Court Blocks Major Coal Mine Expansion Over Emissions
QatarEnergy Secures $3 Billion Loan From Chinese Banks as LNG Exports Stall
Europe’s Fuel Squeeze Is Turning Into a Q3 Windfall for Equinor
How Much Gulf Production Will Isaias Knock Out?








