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Oil Price

Oil Prices up With China Demand Hopes

Oil prices increased on Wednesday supported by economic stimulus measures in China, the world’s biggest crude importer, aimed at boosting domestic growth.…

Nuclear Fuel

Rosatom Starts Reactor Tests Aiming to Increase Nuclear Fuel Enrichment

Russia's Rosatom is testing VVER nuclear fuel containing the neutron absorber erbium and uranium enriched to about 5%. It says such fuel could significantly…

Nuclear Power Plant (NPP)

Grossi Restates Key Role for IAEA , After Agency Vehicle Hit by Drone

An International Atomic Energy Agency vehicle was hit and damaged by a drone on the day of the latest rotation of the agency's team of experts at the Zapori…

Natural Gas

ExxonMobil to Drill Offshore in Egypt’s Western Mediterranean

ExxonMobil will begin drilling a new offshore gas exploration well in the North Marakia Offshore Concession, Western Mediterranean this month.During a meeting i…

Oil Exploration

ORLEN Ramps up Its Exploration Activity on the Norwegian Continental Shelf

A total of 6 exploration and appraisal wells were completed by ORLEN Upstream Norway in 2024, 4 more than the previous year. As a result, the company discovered…

Uranium Project

USA Selects Suppliers for Low-Enriched Uranium Contracts

The US Department of Energy has selected six companies which will be able to compete for contracts to supply low-enriched uranium. It follows June's request…

Nuclear Technology

Partnership Aims to Boost Canadian Nuclear Exports

Canadian Nuclear Laboratories has signed a letter of understanding with Canada's government-to-government contracting agency Canadian Commercial Corporation…

Crude Oil

Oil Production Hits 1.7mbpd – FG

The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day in Nov…

Nuclear Fuel

GoviEx Commences Niger Arbitration Proceedings

The Vancouver-based company is seeking arbitration on the basis that the State of Niger breached its legal obligations when it withdrew the company's mining…

Nuclear Reactor

UK Assessment of BWRX-300 Progresses to Second Step

GE-Hitachi Nuclear Energy's BWRX-300 small modular reactor design has completed the first step of the UK's Generic Design Assessment process and progres…

Crude Oil

OPEC Says Russia Made Small Cut to Oil Output in November

Russia's crude oil output in November edged down by 7,000 barrels per day (bpd) to about 8.99 million bpd, the Organization of the Petroleum Exporting Count…

Nuclear Reactor

AtkinsRéalis Selected for Energy Northwest SMR Project

Energy Northwest has selected AtkinsRéalis Group Inc as the Owner's Engineer for its small modular reactor development project in Washington state.(I…

Natural Gas

Azerbaijan Unveils Latest Data on Its Oil, Gas Output, and Export Volumes for Current Year

Oil-condensate production in Azerbaijan was 26.5 million tons, and the exports were 22.2 million tons, while the gas production and exports amounted to 45.8 bcm…

Energy Storage Project

Ember Analysis Shows EU Nations Target to Increase Energy Storage and Grids Can Be Exceeded

A total of 58 countries, including 17 EU nations including Germany, Italy, Spain, the Netherlands and Poland, signed a pledge at COP29 to increase global energy…

Natural Gas

OGDCL-Led Consortium Wins Bid for 49% Stake in Miran Block

Oil and Gas Development Company Limited (OGDCL), along with its consortium partners Pakistan Petroleum Limited (PPL) and Government Holdings (Private) Limited (…