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?
Avalanche Energy contracted to develop radioisotope power technology
“The ultimate vision of Rads to Watts is to enable radiovoltaics that convert high-power nuclear radiation into kilowatts of electrical energy,” the Defense Advanced Research Projects Agency (DARPA) said. “Enabling…
Framatome signs VVER-440 fuel agreement with EU utilities
In recent years, especially since the war with Ukraine began, nuclear power operators in European Union countries who had previously relied on Russian-supplied fuel have sought alternative suppliers. Nineteen VVER…
US Crude Stocks Rise, Gasoline and Distillate Inventories Fall, EIA Says
(Reuters) – U.S. crude stocks rose while gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 3.1 million barrels to 464.7…
What the US, Iran, Israel and Pakistan Have Said About the Ceasefire
(Reuters) – The United States, Israel and Iran have agreed to a two-week ceasefire, reached with Pakistani mediation, and U.S. and Iranian officials are expected to hold talks on Friday…
Aker BP Fast-Tracks Symra Startup as DNO Ramps Up North Sea Growth
Aker BP has started production from the Symra field in the North Sea nine months ahead of schedule, while partner DNO ASA highlighted the startup as a key milestone in…
Trump Announces 50% Tariffs on Nations Supplying Iran With Weapons
(Reuters) – U.S. President Donald Trump on Wednesday said any country supplying Iran with military weapons will face immediate 50% tariffs with no exemptions, announcing the duty in a social…
India Set to Import First Iranian Oil in 7 Years
India is expected to receive this week its first cargo of Iranian oil in seven years, after the U.S. last month unsanctioned purchases of Iran’s oil already loaded on tankers.…
European Natural Gas Futures Slump by 20% on Ceasefire Relief
European benchmark natural gas prices tumbled 20% at opening in Amsterdam on Wednesday after the U.S. and Iran announced a two-week ceasefire that could lead to reopening of the Strait…
Shell Expects ‘Significantly Higher’ Oil Trading Profits in Q1
Shell expects its adjusted earnings in marketing and oil trading for the first quarter to be “significantly higher”, the UK-based supermajor said in a trading update on Wednesday in a…
Queensland Looks to Fast-Track Australia’s First New Oilfield in 50 Years
The state of Queensland on Wednesday urged Australia’s federal government to fast-track the approval of the Taroom Trough project that would see the first new oil development project the country…
