International Atomic Energy Agency staff at the Zaporizhzhia nuclear power plant report that they have been told unit 4 is being transferred to cold shutdown - making it the sixth and last unit to do so.
read more... 15/04/2024
On Thursday, oil prices retreated amid reports of rising US weekly inventories and higher US inflation. Brent crude dropped by 1% to $89.74 a barrel, while WTI crude experienced a similar 1% decrease to $85.02 a barrel.
read more... 12/04/2024
The European Union is facing a grid investment gap of €800 billion until 2030, finds a report commissioned by industry lobby group ERT, who call for another power market revamp to help address the issue.
read more... 09/04/2024
The Gas Exporting Countries Forum's (2050) forecast report projects that global natural gas investments will total almost $9 trillion by 2050, with $8.2 trillion directed toward the upstream sector and $0.74 trillion for the midstream sector.
read more... 22/03/2024
Crude oil prices extended gains yesterday due to ongoing attacks on Russia's refining infrastructure, positive macroeconomic data from China, as well as reports of decreasing US crude oil and gasoline inventories. As a result, Brent crude edged 0.6% higher to end at $87.38 a barrel. Meanwhile, U.S. WTI crude rose by about 1% to settle at $83.47 a barrel.
read more... 20/03/2024