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Russia
LNG
Norway’s Hammerfest LNG Plant Extends Outage Until May 27
Norway's Hammerfest LNG plant is now expected to restart on May 27, four days later than the previous plan and further delaying operations since a fire in 2020,…
LNG
Natural Gas Prices Under Pressure From Soaring U.S. Demand
U.S. natural-gas prices have hit their highest level in 14 years as North American producers scramble to replenish supplies with demand soaring and storage leve…
OPEC
Five Major Challenges Facing the Energy Industry
Record-high prices at the pump, a looming diesel shortage right when the summer season is starting, and an uncooperative OPEC are probably reasons for many head…
Nuclear Power Plant
Nuclear Included in EU's Repowering Plan
The European Commission has formally adopted the REPowerEU plan which aims to rapidly reduce EU dependence on Russian fossil fuels.
EU
Europe Admits It’ll Have to Burn More Coal as It Tries to Wean Itself off Russian Energy
The EU’s desire to wean itself off Russian hydrocarbons means it will need to find oil and gas from other parts of the world to plug supply gaps.
Energy Security
EU Unveils €300BN Package to Slash Reliance on Russia’s Energy
The EU Commission President has highlighted the need for a “rapid reduction” in European reliance on Russian oil and gas.
Natural Gas
‘Finland Could Be Cut off Gas by Russia This Week’
Finland’s state-owned energy provider has warned that there is “a real risk” of natural gas supply.
Nuclear Reactor
Rosatom Starts Irradiation of the New ATF Fuel Matrix
Rosatom engineers have completed new milestones in development of ATF fuel for light water reactors.
Nuclear Power Plant
Construction of Xudapu 4 Under Way
Construction of unit 4 at the Xudapu nuclear power plant in China's Liaoning province has officially got under way with the pouring of first concrete for the re…
Oil Price
Saudi Arabia’s Oil Revenue Expected to Rise 66% To $249BN
Jadwa Investment estimates Riyadh's expenditure to increase by 5% this year.
ITER
Russia Carries Out This Year’s First Shipment of Equipment for the Iter Machine
The shipment of the next batch of Russian electrical equipment for the ITER fusion reactor has been completed.
LNG
EU Unveils 210 Bln Euro Plan to Ditch Russian Fossil Fuels
The European Commission on Wednesday unveiled a 210 billion euro plan for Europe to end its reliance on Russian fossil fuels by 2027, and to use the pivot away …
Energy Transition
EU to Map Out Escape Route From Russian Fossil Fuels
The European Commission will on Wednesday unveil a 210 billion euro plan for how Europe can end its reliance on Russian fossil fuels by 2027, and use the pivot …
Natural Gas
Surging Natural Gas Prices Squeeze U.S. Industrial Sector
Skyrocketing natural gas prices have raised manufacturing and transportation costs across many U.S. industries, and the situation should persist as the United S…
Oil Price
Oil Prices Drop on Profit-Taking, Supply Fears Linger
Oil prices slipped on Monday, giving up earlier gains as investors took profits after a surge in the previous session, but global supply fears loomed with the E…
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