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Workers Seek Shelter As Hanford Nuclear Complex Issues Leak Alert

Workers Seek Shelter As Hanford Nuclear Complex Issues Leak Alert

Dec 23, 2024 at 13:39 | Alex Kimani

Workers at the Hanford nuclear site were ordered to take cover on Friday after a large holding tank with ammonia vapor was discovered…

Indian Oil Probes Allegations of Albemarle Bribes to State Firm’s Officials

Indian Oil Probes Allegations of Albemarle Bribes to State Firm’s Officials

Dec 23, 2024 at 08:09 | Charles Kennedy

Indian Oil Corporation (IOC), a state-owned oil giant, has launched an internal investigation over alleged bribes paid by Albemarle to IOC officials to secure contracts more than a…

High Electricity Taxes Are Crippling European Industry

High Electricity Taxes Are Crippling European Industry

Dec 23, 2024 at 07:14 | Tsvetana Paraskova

European countries need to work out ways to lower taxes on electricity to revive the competiveness of Europe’s energy-intensive industries, Leonhard Birnbaum, president of electricity lobby Eurelectric, told…

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Russia Expands Global Nuclear Footprint Despite Western Pushback

Russia Expands Global Nuclear Footprint Despite Western Pushback

Dec 23, 2024 at 07:02 | Tsvetana Paraskova

Russia is looking to maintain its position as “one of the biggest builders of new nuclear plants in the world,” a top envoy of Russian President Vladimir Putin…

Syrian Oil Supply Crisis Deepens as Iraq Cuts Exports

Syrian Oil Supply Crisis Deepens as Iraq Cuts Exports

Dec 23, 2024 at 03:06 | Charles Kennedy

Iraq has suspended crude oil deliveries to Syria, a member of the Iraqi parliament said on social media as quoted by BNE Intellinews.…

Trump Threatens Panama Canal Takeover Over

Trump Threatens Panama Canal Takeover Over "Excessive" Fees

Dec 23, 2024 at 02:12 | Irina Slav

President-elect Donald Trump has threatened to take over control of the Panama Canal unless the Panamanian authorities stop charging excessive rate for the use of the chokepoint.

Fico Defies EU, Meets Putin to Secure Slovak Gas Supply

Fico Defies EU, Meets Putin to Secure Slovak Gas Supply

Dec 23, 2024 at 02:07 | Irina Slav

The Prime Minister of Slovakia visited Moscow this weekend to discuss gas supplies to his country following the expiry of a transit contract between Gazprom and the Ukraine’s…

Data Centers Are Eating the Grid Alive

Data Centers Are Eating the Grid Alive

Dec 20, 2024 at 11:58 | Julianne Geiger

The future of data centers is about to make a huge draw on the power grid. According to a DOE-backed report from Lawrence Berkeley National Lab, U.S. data center energy…

EU Ready to Discuss Closer Energy Ties with US under Trump

EU Ready to Discuss Closer Energy Ties with US under Trump

Dec 20, 2024 at 10:32 | Charles Kennedy

The European Union is prepared to discuss with U.S. President-elect Trump boosting economic ties, including in the energy sector, an EU spokesperson told Reuters on Friday, hours after Trump…

Turkey Gets Waiver to Pay for Russian Gas via Sanctioned Gazprombank

Turkey Gets Waiver to Pay for Russian Gas via Sanctioned Gazprombank

Dec 20, 2024 at 08:05 | Charles Kennedy

Turkey has obtained a waiver from the United States to pay for natural gas to Russia via the now-sanctioned Russian Gazprombank, Turkish Energy Minister Alparslan Bayraktar told Reuters on…

Iran’s Floating Oil Storage Jumps Amid Tighter Sanctions

Iran’s Floating Oil Storage Jumps Amid Tighter Sanctions

Dec 20, 2024 at 07:14 | Tsvetana Paraskova

Iran’s oil is increasingly finding its way into floating storage offshore Southeast Asia instead of at customers as a recent raft of U.S. sanctions on tankers shipping Iranian oil has…

Trump: “Tariffs All The Way” if EU Fails to Buy More U.S. Oil and Gas

Trump: “Tariffs All The Way” if EU Fails to Buy More U.S. Oil and Gas

Dec 20, 2024 at 07:09 | Tsvetana Paraskova

The European Union should buy more oil and gas from the United States or risk tariffs, U.S. President-elect Donald Trump said on Friday. “I told the European Union that they…

Mining Giant BHP: Trump Tariffs Will Hold Back the Energy Transition

Mining Giant BHP: Trump Tariffs Will Hold Back the Energy Transition

Dec 20, 2024 at 06:19 | Tsvetana Paraskova

President-elect Trump’s proposed tariffs and the heightened risk of trade wars would be major challenges to the global energy transition, Mike Henry, the chief executive of mining giant BHP, told…

Renewables Growth Won’t Go Away Under Trump

Renewables Growth Won’t Go Away Under Trump

Dec 20, 2024 at 05:50 | Tsvetana Paraskova

The rise of data centers and their quest for renewable energy to power AI technology will boost the growth of renewables even under President Donald Trump, the Americas head of…

Shell Traded Nigeria Exit for Fresh Oil Investment

Shell Traded Nigeria Exit for Fresh Oil Investment

Dec 20, 2024 at 03:00 | Irina Slav

Shell secured the Nigerian government’s approval of a major asset sale in the country by committing to a fresh large-scale investment in the Bonga North field, the Financial Times

U.S. Oil Exports to Europe Set for January Dip

U.S. Oil Exports to Europe Set for January Dip

Dec 20, 2024 at 02:00 | Charles Kennedy

Crude oil exports from the United States to Europe are set to dip next month amid a tightening spread between West Texas Intermediate and Brent, Reuters has reported, citing…

Oil Prices on Track for Weekly Loss as Demand Pessimism Dominates Markets

Oil Prices on Track for Weekly Loss as Demand Pessimism Dominates Markets

Dec 20, 2024 at 01:41 | Irina Slav

Crude oil prices were on track for yet another weekly loss earlier today as pessimism about demand growth in China continued to dominate markets. At the time of writing

North Dakota Crude Output Cut By 520,000 b/d After October Wildfires

North Dakota Crude Output Cut By 520,000 b/d After October Wildfires

Dec 19, 2024 at 13:45 | Alex Kimani

North Dakota, the third-largest producing state in the U.S., saw its crude production fall by 520,000 barrels per day in October after operators shut in wells to protect…

Argentina’s YPF and Shell Strike $50 Billion Deal

Argentina’s YPF and Shell Strike $50 Billion Deal

Dec 19, 2024 at 13:34 | Julianne Geiger

Argentina's YPF has hooked Shell for a $50 billion LNG project that could put the country's energy game on the global map. Announced Thursday, the deal sees Shell stepping in…

Venezuela Sends Crude to India in New Deal

Venezuela Sends Crude to India in New Deal

Dec 19, 2024 at 12:20 | Julianne Geiger

A high-seas oil tango is back on between Venezuela's state oil company PDVSA and India’s Reliance Industries, rekindling a swap arrangement paused by U.S. sanctions. This revival, greenlit by a…

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