Japan’s JERA Creates Oil Storage Firm to Manage National Reserve Sites
Alaska LNG Hinges on How Much Asian Buyers Will Pay for Energy Security
WTI Sinks Nearly 4% as EU Weighs Emergency Stockpile Release
Latest Dallas Fed Survey Reveals Theme Among Respondents
What is the near-term feasibility of helium-3 fuel for fusion power?
UN Says Global Fuel Subsidies Could Top $1 Trillion
JERA CEO Warns LNG Prices Have Further to Climb
Scaling up: Blue Star’s next phase in Colorado
Shougang, Rio Tinto commission carbon capture trial facility at China steel plant
Oil Prices Come Under Pressure
Saudi Shipping Giant Rents Supertankers as Freight Costs Skyrocket
Bahri, the national shipping carrier of the world’s top crude exporter, Saudi Arabia, has provisionally chartered at least five supertankers to ship oil to Asia amid soaring tanker rates not…
Lloyd’s Register approves hybrid powered ship design
The design enables micro modular reactors (MMRs) to be combined with conventional diesel-electric systems for 73-metre and 90-metre amphibious stern landing vessel (SLV) designs. The approval in principle (AiP) follows…
New heat-resistant steel developed for BR-1200
The Russian state nuclear corporation said the new type of heat-resistant steel was developed by specialists at the Central Research Institute of Mechanical Engineering Technology (TsNIITMASH), its mechanical engineering division. It…
First concrete for Kaiga 5 & 6 in India approved
According to the of the consent, the present status of the project is that “Excavation activities for identified safety-related structures at Kaiga-5&6 have been completed. Post-excavation investigations for Nuclear Building,…
Agreement to build German nuclear fusion power plant
The memorandum of understanding outlines a roadmap to commercial fusion in Europe that begins with building demonstration stellarator Alpha near the Max Planck Institute for Plasma Physics (IPP) in Garching.…
US Crude, Distillate Inventories Rise, Gasoline Stocks Fall, EIA
(Reuters) – HOUSTON, Feb 25 – U.S. crude and distillate inventories rose while gasoline stocks fell last week, the Energy Information Administration said on Wednesday. Crude inventories rose by 16…
US Crude Oil Imports From Venezuela Rose to One-Year High Last Week, EIA Says
(Reuters) – U.S. crude oil imports from Venezuela rose to their highest since January 2025, the U.S. Energy Information Administration’s (EIA) said on Wednesday. Imports from Venezuela rose by 290,000…
US Offers Largest Ever Energy Loan With $26.5 Billion to Southern Co
(Reuters) – The U.S. Energy Department has offered a $26.54 billion loan to subsidiaries of Southern Co to increase grid reliability, the largest ever such financing by its loan office,…
Senate Democrats Blast Trump for Failing to Use Sanctions to Pressure Russia
(Reuters) – Democrats on the Senate Banking Committee on Tuesday blasted President Donald Trump for failing to ramp up sanctions to pressure Russia to end its four-year war in Ukraine,…
Russia and Iran Slash Oil Prices to Secure China Market Share
Discounts for Russian and Iranian crude have widened in recent weeks as China’s independent refiners have remained the only buyers not shunning sanctioned supply, which is amassing in floating storage…
