Russian uranium mining hit targets in 2025, expansion planned

In a report of the annual meeting of Rosatom’s mining division Rosatom Nedra with stakeholders, it noted that licences have been obtained for the development of the Shirondukuyskoye deposit in eastern…

NANO signs MoU exploring MMR deployment in UAE

The memorandum of understanding (MoU) will see NANO collaborate with EHC – a 35-year-old diversified investment holding company which is a subsidiary of International Holding Company – to “identify and evaluate…

Denison to proceed with Canada’s first ISR uranium mine

“Making a final investment decision and the upcoming initiation of construction activities at Phoenix mark the beginning of a new era in Denison’s history and the Canadian uranium mining sector,”…

Kuwait Readies $7 Billion Oil Pipeline Deal with Global Investors

State-held Kuwait Petroleum Corporation (KPC) is considering following in the footsteps of its Saudi and Abu Dhabi peers by tapping major international infrastructure investors to buy a stake in its…

Moscow Reroutes Oil to China on Largest Vessels After India Slowdown

The surge in Russian crude sales in China and the simultaneous drop in Indian demand for Russia’s oil have prompted Moscow to turn to using a larger fleet of supertankers—vessels…

Eni Set to Approve Two Gas Projects Offshore Indonesia

Italy’s Eni is poised to reach next month a final investment decision to develop two offshore gas fields in Indonesia, the head of the Southeast Asian country’s upstream regulator said…

Russia’s Dark Oil Web Exposed in Major UK Sanctions Escalation

The UK on Tuesday slapped sanctions on Russia’s oil pipeline giant Transneft and targeted Russia’s dark web of illicit oil traders and shadow fleet operators, to attempt to further stifle…

Oil Tanker Rates Surge to Six-Year High

Supertanker rates to ship crude on the key Middle East-to-China route have surged to a six-year high as Persian Gulf supply to India soars and traders rush shipments to precede…

US Natgas Prices at Waha Hub in Texas in Negative Territory for Record 12th Day

Reuters U.S. spot natural gas prices for Monday at the Waha Hub in the Permian Shale in West Texas closed in negative territory for a record 12th time in a…