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Iran

Iran Says Proposed Ideas Submitted to Accelerate Nuclear Talks

Iran has submitted proposed ideas in "both substance and form" to the other sides of the Vienna talks on reviving the 2015 nuclear deal, to pave the way for the…

Oil Price

South Africa Authorities to Cut Fuel Pump Prices From Wednesday

South Africa will slash the pump price of fuel from the middle of next week, aiming to ease the burden on consumers of soaring energy prices since the Ukraine w…

Natural Gas

Australia’s East Coast May Face Gas Shortfall Next Year, Watchdog Warns

Australia's competition watchdog urged the federal government on Monday to consider curbing gas exports, warning its east coast could face a major shortfall nex…

OPEC

OPEC Secretary General Says Russia’s Membership in OPEC+ Is Vital for Success of Agreement

OPEC's new secretary general said that Russia's membership in OPEC+ is vital for the success of the agreement, Kuwait's Alrai newspaper reported on Sunday.

Paris Climate Agreement

Why Oil Investors Should Keep an Eye on ESG Scores

Legal and regulatory initiatives promulgated as a result of the 2015 Paris Climate Accords, have been the driver of these changes.

Crude Oil

More Oil Discoveries Boost Guyana’s Offshore Boom

Guyana has seen a string of oil discoveries, quickly positioning it as one of the world’s hottest offshore drilling locations.

Oil Field

Green Light From TotalEnergies for Oil Project off Angola

France-headquartered energy giant TotalEnergies has taken a final investment decision (FID) to develop an oil development project located offshore Angola.

Energy Transition

Green Hydrogen Can Help Latin America’s Energy Transition

Amid the energy transition, Latin American countries are investing in hydrogen.

Natural Gas

Will Centrica’s Rough Open Its Reservoir for Britain’s “Roughest” Winter?

The reopening is predicted to help the country cement its gas stocks amid fears of shortages

Natural Gas

Germany Starts Rationing Hot Showers to Save on Gas

Authorities of a German city race to save kilowatts as gas shortage scenarios are looming

Electric Vehicle Charging

Vattenfall and Netto Germany Cooperate on Charging Infrastructure for Electric Mobility

Vattenfall and the grocery discounter Netto will cooperate in setting up fast charging stations in Germany.

Chevron, Exxon Post Record Quarterly Profits as Commodity Prices Boom

Exxon and Chevron posted record profits during the second quarter of 2022 as high commodity prices boosted operations, and as the oil giants kept spending in ch…

Nuclear waste

UK's Gemini Waste Packages Re-Enter Service

The first active shipment of legacy waste drums from Magnox Harwell in Oxfordshire, England, to Sellafield in Cumbria has been completed using the Nuclear Decom…

China

China, US to Account for 75% of Global Energy Storage Demand

Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031.

Nuclear Reactor

DOE Formalises Test Reactor Decision

The US Department of Energy (DOE) has issued its Record of Decision on the Final Environmental Impact Statement (FEIS) for the sodium-cooled fast neutron reacto…