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Crude Oil

U.S. Oil Exports Surge, Drawing Crude away From Storage Hub

U.S. oil exports have climbed following Russia's invasion of Ukraine, and barrels of domestic oil that would typically go to the Cushing, Oklahoma, storage hub …

LNG

Latvia Mulls Options for Its Own LNG Terminal

Investors from the United States and the Middle East are among at least four groups expressing an interest in construction of a Liquefied Natural Gas (LNG) term…

Nuclear Reactor

Most Japanese Back Nuclear Power for First Time Since Fukushima

For the first time in more than a decade, a narrow majority of Japanese now support restarting idled nuclear reactors.

Nuclear Fusion

Nuclear Fusion: Inside the Construction of the World’s Largest Tokamak

How close are we to achieving reliable nuclear fusion? The ITER experiment in France aims to bring the process closer to reality.

Crude Oil

EU Steps back From Impractical Russia Oil Embargo

EU leaders have stepped back from imposing an immediate embargo on Russian crude and petroleum product imports as the impracticality of the policy has become cl…

Carbon Neutral

Researchers Develop Reactor That Refines Waste Carbon into Chemicals While Generating Hydrogen

A team at Pacific Northwest National Laboratory has developed an innovative flow cell reactor capable of refining waste carbon into valuable chemicals, while si…

Hydrogen Fuel Cell Vehicle

New Ford Patent Shows Its Interest in Hydrogen

Ford Motor Company recently filed a patent for a combustion engine that will run on hydrogen, Motor1 reports.

Hydrogen Production

How Hydrogen Will Transform Geopolitics

While reinforced by recent events, the push to scale-up clean hydrogen energy has been underway by governments, energy suppliers, and environmentalists alike in…

Crude Oil

China's Sinopec Plans Its Biggest Capital Expenditure in History

China Petroleum & Chemical Corp, better known as Sinopec, is planning its highest capital investment in history for 2022 after recording its best profit in a de…

Offshore Wind Power

How the UAE Is Helping to Power 2 Million Dutch Homes

The new era of offshore wind power demands engineering as formidable as that achieved in the era of oil and gas. The UAE is playing its role.

Nuclear Power Plant

Elon Musk Says Closing Nuclear Plants Now Is 'Total Madness,' Calls Biden's Leadership 'Ancient' in a Talk About the Future

Tesla's Elon Musk confirmed his belief that Germany should not only stop closing its operational nuclear power plants, but should also reopen the ones it alread…

United Kingdom

Industry Body Says Offshore Fields Can Support 40% of UK’s Gas Consumption

The UK’s offshore fields can support around 40% of the country’s gas consumption and two-thirds of its oil consumption over the next two years.

Oil Price

Sinopec's 2021 Profit More Than Doubled on Higher Oil Prices, Sales

China Petroleum & Chemical Corp.'s 2021 net profit more than doubled to its best level in nearly a decade on higher prices and demand for petroleum products.

United States

Why Gas Prices Have Soared in America

Why gas prices are high even though the U.S. doesn't depend on Russia for oil?

EU

EU's Borrell Says Nuclear Agreement with Iran 'Very Close'

Top EU diplomat Josep Borrell said on Saturday Iran and world powers were "very close" to agreement on reviving their 2015 nuclear deal.