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Nuclear Fuel

Pressure on U.S. Nuclear Power Could Mount if Sanctions Imposed on Russian Uranium

Russia’s invasion of Ukraine and ensuing sanctions may have a limited immediate impact on the U.S. nuclear industry, despite its reliance on uranium imports.

Nuclear Power Plant

Chernobyl Power Cut, Transmission Lost at Europe's Largest Atomic Plant: IAEA

Power has been cut to the Chernobyl nuclear plant, Ukraine said Wednesday, but the UN's atomic watchdog said there was "no critical impact on safety".

Wind Farm

Vestas Secures Cordelio Power Order

Vestas has received a 171 MW order from Cordelio Power to power the Moraine Sands wind project in Illinois, US. The order consists of 38 V150-4.5 MW turbines.

Nuclear Power Plant

UK Nuclear Site Choices 'Should be Reusable'

With the planned expansion of nuclear power in the UK, the government needs to harness community support and include the full lifecycle when considering propose…

Carbon Pricing

Ukraine Invasion Crashes Carbon Credit Prices

The Russian invasion of Ukraine roiled financial markets across the world, and the European carbon credit market was no exception. As the price of oil surged, c…

Crude Oil

Norway's Equinor Halts Trading Russian Oil

Norwegian state oil company Equinor has stopped trading Russian oil as it winds down operations there in the wake of Moscow's invasion of Ukraine, Chief Executi…

NHPC Sets up New Firm for Renewable Developments

India’s NHPC has set up a new wholly owned subsidiary company for the development of renewable projects, including small hydro, and green hydrogen.

Oil Price

Oil Extends Losses; Russia to Fulfil Supply Contracts

Oil extends losses by nearly 2% after 13% plunge on Wednesday. Russia pledges to fulfil contractual obligations

Oil Price

Oil Futures: Brent Rebounds amid OPEC+ Output Uncertainty, Above $ 115/b

Crude oil futures in early European trading hours Thursday were trending higher as markets stabilized after the previous session's huge price retreat, which cam…

Oil Price

EIA Hikes Oil Price Forecast To $105 This Year

The Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook (STEO), significantly raising its February forecast of $82.87 after Rus…

Oil Exploration

PM of Barbados Defends Country’s Oil and Gas Exploration

Prime Minister Mia Mottley has defended Barbados’ plans to resume fossil fuel exploration off its coast, saying that developing nations deserved “equity” and…

Oil Exploration

ONGC Conducts Seismic Surveys in Tripura to Identify Oil Reserves

ONGC started drilling in Tripura back in 1962. The national oil and gas explorer was awarded acreages at Central Baramura, Aramura Bulge, Tichna and Khubal area…

Natural Gas

U.S. Natural Gas Little Changed as Rising Demand Offsets Global Price Drop

U.S. natural gas futures were little changed on Wednesday as forecasts for more U.S. heating demand next week slowed the U.S. market following a massive drop in…

Offshore Wind Power

Shell and ScottishPower in Offshore Wind Push

ScottishPower and Shell are to invest £75 million ($99 million) in infrastructure and facilities to support the growth of the offshore wind industry in Scotlan…

Oil & Gas Supply

European Oil and Gas Majors’ Exposure to Russia Is Limited

European oil and gas major’s planned exit from Russia or curtailed operations in the country will have a limited impact on their credit metrics, Fitch Ratings …