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Energy Investment

China Holds Central Economic Work Conference to Plan For 2024

The annual Central Economic Work Conference was held in Beijing from Monday to Tuesday as Chinese leaders decided priorities for the economic work in 2024.Xi Ji…

Oil Pipeline

More Than 30,000 Gallons of Gas Spill After Pipeline Leaks in Skagit Co.

State ecology workers estimate 30,000 gallons of gasoline leaked out of an Olympic Pipeline storage vault in Skagit County after a part failure this weekend.Ear…

Oil Exploration

Türkiye's Oil Production in Eastern Region Breaks Record With 30,000 Barrels per Day

ANKARATürkiye's daily oil production in the Gabar region of southeastern Sirnak province has reached 30,000 barrels, the country's state-owned oil …

Nuclear Power Plant (NPP)

Worker Exposed to Radiation at Fukushima Nuclear Plant

A worker at Japan's crippled Fukushima Daiichi nuclear plant may have ingested radioactive materials after his face was exposed to the substances, local med…

Electric Vehicles

Hyundai and Kia Boast Another Breakthrough, Unveiling New Tire With Retractable 'Snow Chains'

Weeks after introducing a potentially game-changing Uni-wheel drive system for EVs, Hyundai and Kia are showing off another next-generation technology to keep E…

SMR

Hyundai, Kaeri Team Up for Export of Smart SMR

Hyundai Engineering and the Korea Atomic Energy Research Institute (KAERI) have signed a memorandum of understanding to collaborate on the commercialisation and…

Oil & Gas Trade

Gunvor to Acquire BP's 75% Stake in Spanish Gas Power Plant

Energy trader Gunvor has agreed to acquire a 75% stake in 785 megawatt (MW) power plant in Bilbao, Spain, from BP (BP.L) gas marketing, a joint statement said o…

Coal-Fired Power Plants

EU Approves German State Aid for Closure of RWE Power Plants

European Union flags fly outside the European Commission in Brussels, Belgium, November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsThe Euro…

Oil&Gas Drilling

Frontera, CGX to See First Oil in Guyana by 2030, Seek Partners

Frontera Energy (FEC.TO) and CGX Energy (OYL.V) expect to make a final investment decision by 2026 on developing a promising Guyana offshore block, with first o…

COP28

New COP28 Draft Deal Stops Short of Fossil Fuel 'Phase Out'

A draft of a potential climate deal at the COP28 summit on Monday suggested a range of measures countries could take to slash greenhouse gas emissions, but omit…

Oil & Gas Trade

Occidental Petroleum to Expand Permian Ops With $12 Billion Deal for Crownrock

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…

Uranium Project

US House Passes Bill Banning Uranium Imports From Russia

Spent fuel storage is seen at the San Onofre Nuclear Generating Station near San Clemente, California, U.S., April 21, 2022. REUTERS/Nichola Groom/File Photo Ac…

Electric Vehicles

Net-Zero Agenda: Oando Promises 50 Additional Electric Buses

Oando Clean Energy (OCEL) has announced that the company will be matching the efforts of the federal government through the purchase and deployment of an additi…

LNG

Papua New Guinea in Advanced Talks With Chinese Banks to Fund Its Stakes in LNG Megaprojects

Papua New Guinea's state-owned petroleum company is in advanced talks with Chinese banks to help fund its stakes in the two major liquefied natural gas (LNG…

Offshore Wind Power

China's Largest Onshore Wind Power Base Starts Full-Capacity Production

A wind power facility with an electricity generating capacity of more than 10 billion kilowatt-hours (kWh) a year was put into full-capacity production and conn…