CNOOC upgrades automation systems at Buzzard North Sea oil field

(WO) — ABB has been awarded a contract to modernize automation and safety control systems on the Buzzard offshore platform, supporting continued operations at one of the UK’s largest producing…

Permission granted for Kozloduy sanctions derogation

The Kozloduy nuclear power plant is in the northwest of Bulgaria on the Danube River and provides about 34% of the country’s electricity. It features two Russian-designed VVER-1000 units currently…

Core catcher installed at Leningrad’s seventh unit

Specialists from construction company Titan-2 Holding oversaw the moving of the core catcher into the concrete shaft of the reactor containment building for what is the third unit in the…

US Energy Chief Says Not Aware of US Taking Oil Out of Iran

(Reuters) – U.S. Energy Secretary Chris Wright told a congressional hearing on Wednesday that he’s not aware that the U.S. has taken millions of barrels of oil out of Iran,…

US Offers to Loan Up to 40 Million Barrels of Oil From Strategic Petroleum Reserve

(Reuters) – The U.S.is seeking to loan energy companies up to 40 million barrels of crude oil from the Strategic Petroleum Reserve to help push fuel prices down, the Department…

Kazakhstan Oil Buyers Demand More Supply as Hormuz Closure Tightens Market

Customers buying oil from Kazakhstan are urging the OPEC+ producer to ramp up crude supply and deliver the maximum available volumes, Kazakhstan’s Energy Minister Yerlan Akkenzhenov said on Wednesday. “In…

Solar Tops Coal in U.S. Power Mix for the First Month Ever

Solar power held a record-high 12.8% share of U.S. electricity supply in May, overtaking coal-generated power for the first full month on record, energy think tank Ember said in a…

KKR Eyes $6.7 Billion Takeover of Irish Energy Distributor DCC

A consortium led by private equity firms KKR and Energy Capital Partners is in advanced discussions to acquire Irish energy distributor DCC in a deal that could value the company…

EU Moves Against Russian LNG Shipping As Arctic Gas Imports Surge

Brussels is proposing new restrictions on Russia’s LNG shipping sector even as Europe remains the primary destination for Russian Arctic gas, receiving nearly 97% of Yamal Arctic LNG exports so…