Russia and China Are Planning to Build a Nuclear Power Plant on the Moon
Russia and China are planning to build a nuclear power plant on the moon by 2035.
Energy
UK Government Abandons Hydrogen Town Pilot Amid Heating Decarbonization Efforts
The UK government canceled a crucial hydrogen town pilot, which damaged plans for hydrogen heating systems and raised questions about decarbonization strategies.
Enerplus Misses Q1 2024 Profit Targets While Processing Acquisition by Chord
Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year...
Shell to Sell Oil Refineries and Chemical Assets in Singapore for Less Than $1 Billion
Shell's Singapore oil refinery and chemical assets will be sold to a Glencore-led joint venture with a purchase sale of below $1 billion, following agreements in place for continued collaboration and ..
Global Fuel Consumption Might Drop in 2024, Experts Say
Global gasoline demand growth may half in 2024 due to a return to normal consumption after COVID-19 and a shift to electric cars in China and the US...
Former SpaceX Engineer to Build Space-Based Solar Power to Provide 'Infinite Energy' for Earth
Virtus Solis, led by former SpaceX engineer John Bucknell, aims to use...
Potential Gas Price Change Anticipated Following Chevron and Exxon Mobil Q1 Profits Dip
Chevron (CVX) and Exxon Mobil (XOM) reported a decline in first-quarte...
Latest News
Oil Prices Continue to Fall as Dollar Strengthens, Inflation Fears Grow
Oil prices fell further as the dollar rose on market predictions that inflation will delay US interest rate reductions that have limited global fuel demand growth.
Second Donald Trump Presidency: What It Could Mean for US Energy Policy
If former President Donald Trump returns to office again, he will reportedly embark on a course to reverse many of the initiatives undertaken by the Biden administration in combating climate change.
Qatar Notifies European Clients of Delays in LNG Shipping Amid Red Sea Row
Qatar, one of the world's top LNG producers, is delaying some deliveries to Europe due to the Red Sea crisis.
Russia's Sokol Oil Delivery to India Faces Delay: Here's Why
The delivery of Russian Sokol grade crude oil to the Indian Oil Corp has faced a delay.
US Buys 3 Million Barrels of Oil to Replenish Strategic Reserve
The United States has successfully finalized contracts to buy three million barrels of oil to help replenish the Strategic Petroleum Reserve (SPR) following last year's record-setting sale, the US Dep
Oil Giant BP Pauses All Tanker Transits Through Red Sea Due to Houthi Attack Fears
Oil giant British Petroleum (BP) has temporarily halted all its tanker transits via the Red Sea after attacks on ships by Iranian-backed Houthi militants based in Yemen escalated.
Italy's Bet on Mozambique's Natural Gas: Can Meloni Repeat Last Century's Success?
It seems that Europe has secured its natural gas stocks for this winter, says the International Energy Agency. However, undersupply risks remain in the long term, and that's why the European Union cou
