Trump Admin Backs Potential American Buy of Lukoil Iraq Field

The US government is backing Iraq’s plan to transfer Lukoil PJSC’s stake in a giant oil field to an American company, days before a sanctions waiver on the Russian firm…

Iraq’s Massive West Qurna 2 Field Resumes Oil Flows After Brief Outage

Crude flow from Lukoil’s West Qurna-2 storage tanks has resumed toward the major Tuba depots after a weekend shutdown, two energy sources told Quantum Commodity Intelligence. Full field operations are…

NextEra Energy Forecasts Higher Adjusted Profit Growth in 2026

Dec 8 (Reuters) – NextEra Energy (NEE.N) on Monday raised its adjusted profit forecast for the current-year as well as 2026, as the utility benefits from a surge in power…

Trump Ban on Wind Energy Projects Ruled Illegal by US Judge

By and President Donald Trump’s executive order directing government agencies to halt approving new wind energy projects was ruled illegal by a federal judge. Get the Latest US Focused Energy…

EU approves Polish state aid for nuclear plant

In November 2022, the then Polish government selected Westinghouse AP1000 reactor technology for construction at the Lubiatowo-Kopalino site in the Choczewo municipality in Pomerania in northern Poland. An agreement setting…

Estonia moving ahead on new nuclear planning

Minister of Economic Affairs and Industry Erkki Keldo said: “We are looking forward to qualified companies participating in the tender to contribute to the development of Estonia’s energy security. This is…

MoU marks next step in potential VC Summer sale

Santee Cooper announced in October that it was in negotiations with Brookfield Asset Management about the potential completion of the units, triggering a six-week week initial project feasibility period. The…

Second phase of Nuward review completed

In June 2022, EDF announced that the Nuward design would be the case study for a European early joint regulatory review led by the Autorité de Sûreté Nucléaire (ASN) with…

French Major TotalEnergies Scales Up North Sea Operations

A week after Shell and Equinor launched their combined UK North Sea business, French supermajor TotalEnergies announced on Monday it would merge its upstream UK business with NEO NEXT to…

UAE to Hike LNG Exports to Meet Soaring Global Demand

The United Arab Emirates is growing its LNG exports to meet surging global demand that will outpace investment in supply, according to the UAE’s Energy Minister Suhail al-Mazrouei. “We intend…