Latest Stories

Anti-nuclear feeling passes into history as Asia looks past Fukushima

29 May 2023

In the months that followed the Fukushima Daiichi nuclear power plant meltdown in mid-March 2011, few in Japan would have ever suspected that nuclear power would again be looked at as a possible future source of power for the nation of 125mn.

France’s TotalEnergies secures 20-year extension on Nigerian production licence

29 May 2023

French energy giant TotalEnergies has secured a 20-year extension on its production licence for the OML 130 block offshore Nigeria, it has revealed.

UK’s Crown Estate wants Celtic Sea floating wind projects in phases

29 May 2023

The UK’s Crown Estate has updated developers on the current status of the Celtic Sea floating wind tender round, highlighting work by the UK government.

New Indian gigafactory spearheads nation’s EV cell ambitions

29 May 2023

Just a week after Indian government and private sector officials held talks with Tesla with a view to attracting the US electric car maker to the subcontinent, construction work has begun at what is said to be the largest battery gigafactory in India

India considers scrapping all future new coal construction plans

29 May 2023

A key Indian document called the National Electricity Policy is hinting at a complete cessation of new coal-fired power plant construction in the country.

Aramco expected to finally sign deal for Iraq’s Akkas

29 May 2023

Iraq has long courted Aramco for the promising, yet remote gas field, and it looks like the end is in sight

Governor: California must add 148 GW of clean energy by 2045

29 May 2023

Governor Gavin Newsom of California said that the state must add 148 GW of new clean energy to achieve a 100% clean energy grid and carbon neutrality by 2045.

ADNOC Drilling expands fleet, targets $3bn of revenues

29 May 2023

ADNOC Drilling plans to expand its fleet and achieve a 20% year-on-year revenue growth in 2023, building on a strong first-quarter performance.

Russia denies report it is considering a gasoline export ban

29 May 2023

Russian Energy Minister Nikolai Shulgunov denied last week that the Russian government was intending to ban gasoline exports, stating it only wanted to limit them in response to a rise in domestic prices.

Serb Republic mulls paying for Russian gas in rubles

29 May 2023

Dodik met with Russian President Vladimir Putin last week in Moscow and officials from both countries discussed energy industry co-operation.

Gazprom Neft-backed private military group fighting in Bakhmut

29 May 2023

Mercenaries hired by the oil arm of Gazprom Neft were involved in fighting in the war-torn Ukrainian city of Bakhmut, the BBC reported last week, indicating that Arctic oil exports are being used to directly fund the conflict.

Russia leans towards unaltered oil output plan ahead of OPEC+ meeting

29 May 2023

Russia is leaning towards leaving its oil production level unaltered ahead of an OPEC+ policy meeting on June 4, Reuters reported last week, citing sources, as Moscow is satisfied with current prices and output.

Iran confident about future oil and gas production

29 May 2023

National Iranian Oil Co. (NIOC) managing director Mohsen Khojastehmehr said last week that Iran can produce oil and gas for the next 100 years thanks to its present-day reserves.

Ukraine reportedly targets Russian oil infrastructure with drones

29 May 2023

There has been an increase in Ukrainian drone attacks in Russia in recent weeks, and US intelligence now suspects that Ukraine was behind a drone attack on the Kremlin earlier this month.