OPEC+ will meet on 4 January to discuss market developments and determine production levels Russia and Saudi remain committed to the OPEC+ deal on production cuts, said Russian Deputy Prime Minister Alexander Novak, the nation’s […]
While the arrival of President-elect Joe Biden at the White House on January 20 is expected to mark a shift in the US policy with far reaching geopolitical implications, sanctions on Iran may not be […]
After announcing discovery after discovery from its massive Stabroek Block offshore the tiny South American nation of Guyana over the past three years, ExxonMobil XOM +0.6% announced on Friday that it has struck South American oil and gas […]
The U.K. government’s long-awaited policy paper on energy will outline “major investments” in hydrogen, carbon capture and storage, and nuclear power as well as reforms for the retail supply market. It’s due to be published […]
Private equity firm Global Infrastructure Partners (GIP) said on Tuesday it had raised $2.8 billion in its two credit funds that invest in the debt and equity of infrastructure assets in the oil and gas, […]
New Delhi: India is a leader on renewables and a natural partner for Britain in the shared mission to create a greener planet and enable a clean and resilient recovery from Covid-19, British Acting High Commissioner to […]
Energy News Beat Publishers Note: This is only one of the problems for OPEC and OPEC + in controlling world oil prices. Countries know that with the Biden administration, they will not have sanction enforcement, […]
An automatic shutdown yesterday of unit 2 at the Olkiluoto nuclear power plant in Finland was caused by a fault in the purification system for the reactor cooling water, which led to a temporary increase […]
EnergyWorld WARSAW: Poland sees the total costs of building six nuclear reactors of 6-9 gigawatts capacity over 20 years at around $30 billion, state news agency PAP quoted the minister responsible for energy infrastructure as saying on Friday. Poland generates most […]
Energy News Beat Publishers Note: Fossil fuels will be around a while. The COVID-19 pandemic this year has dented oil consumption and brought forward forecasts by energy majors, producers and analysts for when the world’s […]
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