Energy

Oil prices have climbed up to their highest level in the past seven years, with an increase in tensions caused by a Houthi attack on the United Arab Emirates causing an increase in supply chain […]

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The US will shift its attention from the East Mediterranean Gas Pipeline (EastMed), which could connect fields off the coast of Israel and Cyprus with Greece and Italy, to transmission channels for electricity generated by […]

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US senators have drafted a bill that would ban US companies from buying rare earth metals from China. According to Reuters, the bill aims to ban such purchases after 2026. The only supplier of these […]

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Saudi Arabia has large uranium reserves and will use them for commercial purposes, Saudi Energy Minister Abdulaziz bin Salman Al Saud said at the World Mining Conference, which opened on Wednesday in Riyadh, local media […]

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The certification process for the controversial Nord Stream 2 pipeline will remain suspended in Germany until the operator makes the necessary changes since the project still does not meet EU requirements, Germany’s foreign minister said […]

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As the United States’ interest is increasingly switching to renewable energy sources, Washington is no longer supporting the construction of EastMed gas pipeline project, the US State Department said in its statement. The construction agreement […]

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Saudi Arabia’s state-owned oil and gas company Saudi Aramco has cut its February selling prices for oil for Asia, Bloomberg reported. “Saudi Arabia has slashed oil prices for buyers in Asia, signaling that additional supplies […]

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While the energy crisis in Europe is worsening by the day, US LNG tankers reportedly destined for China have been diverted to head towards Britain in a move that is critical to tempering even more […]

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The Nord Stream 2 gas pipeline will eventually get the necessary certification and start working and Russia isn’t even considering a “Plan B” in case that doesn’t happen, Russian Deputy Prime Minister Alexander Novak said […]

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All the accusations that Russia and Gazprom are delivering insufficient amount of gas to the European market and deliberately causing natural gas shortages are absolutely baseless, unacceptable and untrue – in other words, a pack […]

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The deal the Belgian coalition government has reached Thursday after years of debate and overnight talks by government ministers will see the country’s seven ageing nuclear reactors closed by 2025. However, the country will not […]

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In October 2021, Saudi Arabia increased oil production by 1.2% and exports by 4.9% compared to the previous month, according to data on the Joint Organization Data Initiative (JODI) website. Exports reached 6.833 million bpd, […]

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After faults have been found on pipes in a safety system at its Civaux nuclear power station, French power giant EDF announced on Wednesday it would shut down another plant that uses the same kind […]

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SpaceX is working on a program to extract CO2 out of the atmosphere by turning it into rocket fuel, which will be important for its mission to Mars, its founder Elon Musk has announced in […]

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The Nord Stream 2 natural gas pipeline from Russia can’t be certified and launched yet because it doesn’t meet EU energy requirements while safety concerns are still on the table, Germany’s new foreign minister, Annalena […]

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US authorities sold Iranian oil seized by the US Navy in the Arabian Sea for a total of $26.7 million, the US Department of Justice said in a statement released on Tuesday. “Following the court’s […]

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The US wants to create something like a cartel by teaming up with major oil-consuming countries, Toshihiro Sugiura, a researcher at the Economic Research Institute for Northern Asia (ERINA) in Japan told Russian media. He […]

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In the event of a conflict between Russia and Ukraine, “the threat to the Nord Stream 2 project becomes very much real,” the head of the leading faction of the European Parliament – the European […]

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In a ceremony facilitated by the UAE and in the presence of US climate envoy John Kerry, Israel and Jordan cemented the largest ever partnership between them agreeing to swap desalinated water for solar energy. […]

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Washington recently announced that it was releasing strategic oil reserves to cool the market and urged China, Japan, South Korea, and India to follow suit. This development led to a drop in oil prices below […]

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Oil has taken a fresh hit, continuing its fall from a seven-year high set in October as China said it was releasing some of its oil from strategic reserves – just days after the US […]

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A branch of the transcontinental ‘Friendship’ pipeline carrying oil supplies from Russia through Belarus to a number of EU states will be closed in the next three days due to necessary “unscheduled repairs” the operator […]

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German officials have blocked the certification process of Nord Stream 2, the now completed controversial gas pipeline connecting Germany and Russia, because the subsidiary set to operate the German part of pipeline not meet the […]

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OPEC+ is unable to alleviate the gas crisis, Saudi Arabia said in response to calls for increased production. According to the Kingdom’s energy minister, real problems cannot be solved by switching to oil. No additional […]

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