Thu.Jun 19, 2025

article thumbnail

Nuclear Energy Gets a Major Boost From World Bank

OilPrice

The global tide is turning in favor of nuclear energy after decades of distrust and an adverse policy environment. This week, the sea change picked up speed as the World Bank announced that it would return to the nuclear energy space as a funder, marking a “major reversal” and “a momentous shift for international energy policy” according to the World Nuclear Association.

Energy 285
article thumbnail

Polish Group Receives Millions to Expand Hydrogen Projects

POWER Magazine

Polish state-owned energy company ORLEN said it has secured more than 1.7 billion zloty ($458.3 million) in grants from European Union (EU) post-pandemic recovery funds to expand its hydrogen energy projects. The company on June 16 said the funding will enable production of hydrogen using renewable energy, along with infrastructure to support the use of hydrogen fuel in central Europe.

Energy 165
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Kazakhstan, China Forge Uranium Partnership as U.S. Falls Behind

OilPrice

Kazakhstan and China have moved to deepen their strategic partnership, with the two allies set to sign 60 agreements worth up to $25 billion at the China–Central Asia Industrial and Investment Cooperation Forum in Astana. Kazakhstan has identified China National Nuclear Corporation (CNNC) as a key strategic partner for building nuclear power plants, and will sign a cooperation agreement with China on nuclear energy.

Energy 288
article thumbnail

Striving for smart, sustainable cities & urban excellence

Oilholics Synonymous Report

On Wednesday, the second and final day of the Abu Dhabi Infrastructure Summit, over 4,000 attendees visited the exhibition and conference. They included royalty as the Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council Sheikh Khaled bin Mohamed bin Zayed Al Nahyan joined the crowds. He met exhibitors, officials and visitors alike d uring his visit.

article thumbnail

India, Pakistan Brace for Oil Price Surge, Seek New Oil Suppliers

OilPrice

India and Pakistan are weighing their options in case the Israel-Iran conflict disrupts oil supplies through key chokepoints. While many analysts are still not convinced that Iran can actually afford to close the Strait of Hormuz, as it has threatened, it’s a big gamble, and Indian refiners are making backup plans. Indian refiners are considering supplies from West African producers and other alternative energy sources as the world’s second-largest importer of crude grows wary of the unfolding s

Oil 264
article thumbnail

Middle East Conflict Jolts Energy Markets

Enverus

The ongoing conflict between Israel and Iran continues to send shockwaves through global energy markets. Recent strikes on Iranian energy infrastructure by Israel have heightened concerns about supply disruptions and price volatility. As geopolitical tensions escalate, energy professionals are closely monitoring the situation’s impact on oil prices, market dynamics and long-term industry outlook.

Energy 130
article thumbnail

The Permian Basin is Fueling America's Electric Future

OilPrice

The growth in US power demand is surging to its highest rate in decades, driven first by the electrification of oil and gas production and then by the build out of data centers. While still below the 5-10% growth seen in China, the world’s first “electrostate," the US power sector is experiencing rapid structural growth. The country is delivering more than a 3.

Basin 234

More Trending

article thumbnail

Japan Moves to Shield Consumers from Soaring Gasoline Prices

OilPrice

Japan’s government will implement measures to ensure that the Israel-Iran conflict and potential escalation wouldn’t result in major spikes in gasoline prices in one of Asia’s most oil-import dependent large economies. Japan is part of the G7 group of the world’s most industrialized nations, but it is exposed to international oil price spikes as it imports most of the oil it consumes.

Crude Oil 294
article thumbnail

EnerCom announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th annual EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

Oil & Gas 360º

(Oil & Gas 360) – Register for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025 , featuring a broad group of public and private energy companies at www.enercomdenver.com Limited presentation opportunities remain for E&P, Midstream, OFS, Energy Transition, Nuclear and Emerging Technology companies Sponsorship opportunities are available for companies seeking to increase marketplace and brand awareness through EnerCom’s multi-channel approach before, duri

Energy 130
article thumbnail

The Physics of Collapse: How to Adapt to Economic Shifts

OilPrice

Today, the world is filled with conflict. Part of the problem is oil limits, but there are many other issues as well: Resources such as coal, lithium, and copper are also becoming more expensive to extract. Fresh water is often inadequate for the world’s rising population. Debt levels are very high. Complexity is very high. An adequate standard of living is becoming unaffordable for many people.

Oil 289
article thumbnail

300MW/1.8GWh! Another Cross-Industry Company Plans a Major Energy Storage Project

EnergyTrend

300MW/1.8GWh! Another Cross-Industry Company Plans a Major Energy Storage Project OnJune18,YongzhenCo.,Ltd.(603381.SH),aleadingenterpriseinphotovoltaic(PV)framemanufacturing,announcedthatitssubsidiaryYongzhenPower(Baotou)Co.,Ltd.(he.

Energy 130
article thumbnail

China Loosens Rare Earth Export Controls

OilPrice

China has eased its restrictions on exports of rare earth elements by approving “a certain number” of export licenses, its commerce ministry said on Thursday in what could be the beginning of eased access to rare earths for the global supply chains. A certain number of applications has been approved, the ministry said, as carried by Reuters. However, China did not elaborate on whether U.S. firms have been granted licenses or how many applications have been approved.

article thumbnail

Media missives from Abu Dhabi Infrastructure Summit

Oilholics Synonymous Report

With the inaugural Abu Dhabi Infrastructure Summit drawing to a close on June 18, the Oilholic enjoyed an engaging week out in Abu Dhabi, UAE. An action-packed two days included insightful fireside chats, panel discussions, and wider engagements on international collaboration in the infrastructure space. All of The Oilholic's blog entries for Abu Dhabi Infrastructure Summit may be found here.

article thumbnail

Iran Shifts to Single Tanker Loading for Oil Exports, Relocates Storage

OilPrice

Iran is maintaining crude oil supply by loading tankers one at a time and repositioning floating storage closer to Asia, two vessel tracking firms told Reuters, as the country seeks to preserve a vital revenue stream while under Israeli attack. Loadings at Kharg Island reached roughly 2.2?million barrels per day in recent days, a five-week high, while up to 8?

Oil 224
article thumbnail

Criterium Energy Ltd. Announces Results of Annual General Meeting

Oil & Gas 360º

Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, Acquisitions & Divestitures Bankruptcy Return of Capital Earnings Capital Markets ESG/Corporate Responsibility Commodities Economy Energy Transiti

article thumbnail

Why Big Oil Isn’t Afraid of Peak Oil Demand

OilPrice

Big Oil firms expect global oil demand to stop growing at some point early next decade. But the decline will be very slow and gradual and will look more like a plateau than a downward spiral. The world’s biggest international oil and gas companies have started to acknowledge that demand growth could slow or stop within a decade. But these firms keep pumping oil and gas more than they did earlier this decade as they expect that oil demand – regardless of a peak – isn’t going anywhere.

Oil 199
article thumbnail

Tongwei Showcases TNC 2.0 Modules at SNEC 2025: High Efficiency, Robust Reliability, ESG Leadership

EnergyTrend

Tongwei Showcases TNC 2.0 Modules at SNEC 2025: High Efficiency, Robust Reliability, ESG Leadership AtShanghai's18thSNECExhibition,Tongweipresenteditsnext-generationTNC2.0moduleseriesalongsideglobalcertificationsandsustainabilitymilestones.TNC2.0:Tai.

130
130
article thumbnail

Namibia Considers Incentives to Help Launch its Oil Industry

OilPrice

Namibia, one of the latest exploration hotspots in the world, is weighing potential further incentives and financing options to offer to international majors preparing plans for oil production offshore the African country. Oil and gas supermajors, including Shell, TotalEnergies, and Portugal-based energy firm Galp, have already made large discoveries offshore Namibia.

article thumbnail

Tongwei Again Named as 2025 Kiwa PVEL “Top Performer” with Outstanding Reliability Results

EnergyTrend

Tongwei Again Named as 2025 Kiwa PVEL “Top Performer” with Outstanding Reliability Results TongweiSolarhassecureditspositionamongthephotovoltaicelite,earningrepeat"TopPerformer"designationinKiwa PVEL'srigorouslyindependent2025PVModuleReliabi.

130
130
article thumbnail

Strait of Hormuz Tensions Drive 60% Surge in Tanker Rates

OilPrice

Tanker rates for the route via the Strait of Hormuz have doubled since Israel started bombing Iran last Friday, the Financial Times has reported, citing shipowners growing reluctance to sail through the chokepoint. The daily rate for a very large crude carrier chartered from the Gulf of China, for instance, has jumped from $19,998 last Thursday to over $47,600 this week, the publication noted, citing figures from Clarksons Research, a maritime analysis provider.

Insurance 201
article thumbnail

Suncor Energy: Buy, Sell, or Hold?

Oil & Gas 360º

Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, Acquisitions & Divestitures Bankruptcy Return of Capital Earnings Capital Markets ESG/Corporate Responsibility Commodities Economy Energy Transiti

article thumbnail

Middle East Conflict Sparks Exodus of Foreign Oil Personnel

OilPrice

Several foreign experts working with oil companies in Iraq have recently left the country amid the escalating Israel-Iran conflict, Shafaq News reported on Thursday, citing a senior source in the industry. “Certain nationalities, especially British experts, have also exited Iraq,” the source told Shafaq News, “yet continue to receive full salaries despite their absence from the field.

Oil 168
article thumbnail

The Whole Solar PV Industrial Chain Under Pressure, Price Declines Continue (June 19)

EnergyTrend

The Whole Solar PV Industrial Chain Under Pressure, Price Declines Continue (June 19) AccordingtothelatestdatafromTrendForce'sNewEnergyResearchCenterinitsGlobalPVIndustryChainPriceTrendMonthlyReport,polysiliconpricescontinuetofall,andth.

130
130
article thumbnail

Chinese Firm Secures Key Gas Block in Algeria

OilPrice

Zhongman Petroleum and Natural Gas Group (ZPEC), an independent Shanghai-listed Chinese oil and gas company, has won a licensing contract to explore a natural gas block in central Algeria, the firm has said. Algeria’s National Agency for the Valorization of Hydrocarbon Resources, ALNAFT, has awarded the Chinese firm an exploration contract for the Zerafa II gas block.

Gas 154
article thumbnail

Tri-State Expanding Participation in Southwest Power Pool

POWER Magazine

Tri-State has filed an application to the Colorado Public Utilities Commission (CoPUC) as the cooperative power supplier plans to expand its participation in the Southwest Power Pool Regional Transmission Organization (SPP RTO) in the West. The post Tri-State Expanding Participation in Southwest Power Pool appeared first on POWER Magazine.

Utilities 130
article thumbnail

SpaceX Starship Setback Exposes Energy Gaps in $1.8 Trillion Space Race

OilPrice

SpaceX’s Starship prototype exploded over the Indian Ocean on Thursday during its fourth “hotfire” engine test, dramatically underscoring the immense energy stakes of Elon Musk’s space aspirations. The Raptor engines rely on cryogenic methane and liquid oxygen, burning through an estimated 1,000 to 1,200 tonnes of propellant per launch. This fuels more than just rockets.

article thumbnail

Mesa Royalty Trust Announces Trust Income for June 2025

Oil & Gas 360º

Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, Acquisitions & Divestitures Bankruptcy Return of Capital Earnings Capital Markets ESG/Corporate Responsibility Commodities Economy Energy Transiti

Royalty 130
article thumbnail

Precious Metals Rally as Gold Nears New Highs

OilPrice

Via Metal Miner The Global Precious Metals MMI (Monthly Metals Index) saw a strong rally from mid-May to mid-June. Precious metals prices like gold, silver, platinum and palladium all climbed on a potent mix of safe-haven investment flows and robust industrial demand. Geopolitical tensions, notably the recent flare-up in the Middle East between Israel and Iran, have only fueled more risk aversion.

IT 175
article thumbnail

ConocoPhillips Confirms Slagugle Oil Discovery in Norwegian Sea

Rigzone

SEARCH JOBS >> CREATE ACCOUNT SIGN IN Oil & Gas Jobs ▼ Search Jobs Jobs By Category Featured Employers Ideal Employer Rankings Oil & Gas News ▼ Headlines Most Popular Oil Prices Events Training Equipment SOCIAL Rigzone AI ▼ RigzoneGPT Chatbot Recruitment Job Postings & Talent Database Packages Search CV/Resumes Recruitment Dashboard Post Job FAQ | Advertise WTI Crude $75.96 +1.09% Brent Crude $77.33 +0.82% Natural Gas $4.08 +2.33% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEW

Oil 104
article thumbnail

Officials Warn Net Zero Policies Push Up Short-Term Energy Bills

OilPrice

The UK government has quietly admitted that renewables and other low-carbon technologies essential to the rapid drive to net zero are more expensive than using fossil fuel, City AM can reveal, which has in turn made energy bills higher for Brits up and down the country. Labour ministers are expected to double down on expanding the use of green technologies to lower costs as the Treasury and Department for Business and Trade are set to unveil the UK’s industrial strategy next week.

Energy 244
article thumbnail

Inpex Granted Production Concession for UAE Block

Rigzone

SEARCH JOBS >> CREATE ACCOUNT SIGN IN Oil & Gas Jobs ▼ Search Jobs Jobs By Category Featured Employers Ideal Employer Rankings Oil & Gas News ▼ Headlines Most Popular Oil Prices Events Training Equipment SOCIAL Rigzone AI ▼ RigzoneGPT Chatbot Recruitment Job Postings & Talent Database Packages Search CV/Resumes Recruitment Dashboard Post Job FAQ | Advertise WTI Crude $76.57 +1.9% Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS

article thumbnail

CMS Energy Announces the Pricing Terms of its Cash Tender Offer for Certain Outstanding Debt Securities

Oil & Gas 360º

Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, Acquisitions & Divestitures Bankruptcy Return of Capital Earnings Capital Markets ESG/Corporate Responsibility Commodities Economy Energy Transiti

article thumbnail

Oil price, Angus, Afentra, Star. And finally…

Malcolm Graham Wood

Oil rallies again mainly on the war on Iran. Afentrra has bought more of offshore Angola and the Angus CEO has resigned. Finally its the Star AGM satement. The post Oil price, Angus, Afentra, Star. And finally… appeared first on Malcy's Blog.

Oil 147
article thumbnail

The Awareness Group Launches Enhanced Non-Credit Score Driven National Residential PPA Solar Financing Program

Oil & Gas 360º

Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, Acquisitions & Divestitures Bankruptcy Return of Capital Earnings Capital Markets ESG/Corporate Responsibility Commodities Economy Energy Transiti

article thumbnail

Oil Prices Climb for Third Straight Week

OilPrice

Crude oil prices were set for another weekly gain today, the third in a row, as Israel and Iran continued to bomb each other with no sign of willingness on either side to switch to diplomacy. At the time of writing, Brent crude was trading at $77.04 per barrel, with West Texas Intermediate at $75.67 per barrel as the latest war in the Middle East entered its second week.

Oil 232
article thumbnail

Canadá apuesta por autonomía energética de México

Oil & Gas Magazine

Empresas canadienses como ATCO y TC Energy buscan invertir en México para reducir su dependencia del gas natural estadounidense y fortalecer su seguridad energética. Durante la Cumbre del G7, la presidenta de México, Claudia Sheinbaum, sostuvo una reunión estratégica con líderes del Consejo Empresarial de Canadá, incluyendo a ejecutivos de las empresas ATCO y TC Energy, con el objetivo de discutir nuevas inversiones en el sector energético mexicano.

Gas 98
article thumbnail

Got $30,000? The Only 2 Canadian Stocks to Buy Now

Oil & Gas 360º

Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil Natural Gas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, Acquisitions & Divestitures Bankruptcy Return of Capital Earnings Capital Markets ESG/Corporate Responsibility Commodities Economy Energy Transiti