A unit of UK-based energy giant BP is joining forces with Indonesian firm AKR Corporindo to develop a regasification terminal in Indonesia’s East Java. According to statement by AKR, the distributor of petroleum and basic […]
Chinese shipbuilder Hudong-Zhonghua has handed over the 13,000-teu LNG-powered containership, CMA CGM Bahia. The naming and delivery ceremony for the LNG-powered vessel took place on December 7, according to the Chinese shipbuilder. This is the […]
The US, Canada, France, Japan and the UK have agreed to mobilise government-led investments totalling $4.2bn to develop a global nuclear supply chain. The decision was announced at the Net Zero Nuclear Summit at COP28 […]
The official numbers have been crunched at long last, and there is now a definitive answer to how much more Rocky Mountain Power rates will be for at least the first part of its two-part […]
27 EU member ministers agreed at a meeting this week that nuclear power should be included in the list of acceptable strategic technologies. With this new position, the number of strategic net-zero technologies available to […]
The Fed has now shed 29% of Treasuries it had added during pandemic QE starting in March 2020. By Wolf Richter for WOLF STREET. The Fed’s Quantitative Tightening (QT) continues on track, and the unwinding of the March […]
US News MOSCOW – Saudi Arabia and Russia, the world’s two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output cuts for the good of the global economy […]
Nasdaq DUBAI – The global nuclear industry got a morale boost at the COP28 climate summit in Dubai after more than 20 nations vowed to triple capacity by 2050. But reaching that goal will require the industry […]
World Oil (Bloomberg) – Venezuela is in advanced talks on new deals with European energy majors Repsol SA and Eni SpA as the Andean nation seeks to reassert itself as a global oil producer after […]
Fund Ukraine or your children will have to fight Russia, X host claims Congress was told US Secretary of Defense Lloyd Austin reportedly told members of Congress that unless they approve more funding to Ukraine, […]
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