Ea

Crude Oil

The World Could See a Record-Breaking Oil Supply Shock

IEA: market could lose around 3 million bpd of supply from Russia starting in April.

Nuclear Power Plant

'No Safety Concern' as Zaporozhe Loses Third Power Line

The International Atomic Energy Agency (IAEA) said it had been told that Ukraine's largest nuclear power plant has lost connection to a third power line, but tw…

Nuclear Power Plant

Tender Launched for New Nuclear Plant at Dukovany

The Czech Republic’s Ministry of Industry and Trade has officially given its approval after completing the safety assessment of the three approved bidders - ED…

Natural Gas

Average San Diego County Gas Price Rises for 22nd Consecutive Day

The average price of a gallon of self-serve regular gasoline in San Diego County rose Wednesday for the 22nd consecutive day, increasing 3.3 cents to a record $…

Crude Oil

Russia Could Lose 30% of its Oil Output Within Weeks, IEA Warns

Russia could soon be forced to curtail crude oil production by 30%, subjecting the global economy to the biggest supply crisis in decades — that is, unless Sau…

Natural Gas

Exxon, BHP to Invest $291 Million to Expand Gas Output off Australia

Exxon Mobil Corp and BHP Group said on Thursday they will go ahead with a project to boost gas output from their Gippsland Basin Kipper field off southeast Aust…

Natural Gas

IOG Starts Gas Production from Another Saturn Banks Field

UK-North Sea-focused oil and gas firm IOG on Wednesday confirmed first gas production from the Elgood field, part of Phase 1 of its Saturn Banks Project.

Coal Mine

Balkan States Say Supply Security more Pressing than Ditching Coal

A surge in power costs and concerns about reliance on Russian energy have prompted Balkan utilities to reassess plans to shut down coal-fired power plants, desp…

Crude Oil

Oil PSUs Readying to Buy Discounted Russian Crude

Companies would make the move in a day or two after they achieve clarity on insurance, freight and payment for the Russian oil in view of the Western sanctions …

Crude Oil

IEA: 3 mbpd of Russian Oil may not Reach Market from April

Rising commodity prices and sanctions on Russia "are expected to appreciably depress global economic growth" and impact inflation, said the Paris-based IEA, off…

Coal-Fired Power Plants

Japan's Fukushima Earthquake Shuts Dozen Power Plants, Sendai, Chiba Refineries

A magnitude 7.4 earthquake occurred offshore Fukushima in northeastern Japan late March 16, shutting a dozen coal, gas and oil-fired power plants along with the…

Thermal Coal

India Looks to Russia to Solve the Energy Crisis Moscow Created

​Can Russia rescue India from the high energy prices caused by Moscow's invasion of Ukraine?

Ukraine

‘Historic Milestone’ as Ukraine Connected to European Power Grid

​The electricity grids of Ukraine and Moldova have successfully been synchronised with the Continental European Grid.

Nuclear Power Plant

Belarus Grid Supplying Electricity to Chernobyl: Local Authorities

Belarus is supplying electricity to Ukraine's Chernobyl nuclear power station, the site of the world's worst nuclear disaster in 1986, local Belarusian authorit…

SMR

Ukraine, Climate, SMRs: EU and IAEA Nuclear Talks

The eighth European Union-International Atomic Energy Agency (IAEA) Senior Officials Meeting discussed opportunities to deepen cooperation in a range of areas, …