Energy News

IEA Warns: Oil and Gas Demand Likely to Rise Until 2050, Missing Climate Goals

The International Energy Agency (IEA) said on Wednesday that global oil and gas demand could continue growing until 2050 a reversal from its earlier...

Iran Seeks ‘Peaceful Nuclear Deal’ with U.S., Stresses Security

Iran says it wants a “peaceful” nuclear agreement with the United States to resolve a decades-long dispute, but will not compromise its national security,...

Massive Corruption Scandal Rocks Ukrainian Energy Sector

Ukraine's anti-corruption bureau announced a significant investigation into the energy sector, focusing on allegations of kickbacks linked to the state nuclear power operator, Energoatom....

Bulgaria Moves to Secure Lukoil Refinery Ahead of Takeover

Bulgarian authorities, led by Prime Minister Rosen Zhelyazkov, are inspecting and enhancing security at Lukoil's Burgas oil refinery to safeguard crucial infrastructure as the...

Lukoil’s Fire Sale of European Refineries Hits EU Supply Chains

The latest wave of U.S. sanctions against Russia's energy sector is reshaping global oil flows, but it's Europe's refiners and consumers who are bearing...

Hungary Secures US Exemption from Russia Sanctions After Orbán’s Visit

The United States has given Hungary a one-year exemption from sanctions that target Russian oil and gas, following a meeting between Hungarian Prime Minister...

Greece Becomes Europe’s New US Gas Gateway

Greece has agreed to import 700 million cubic meters of U. S. liquefied natural gas (LNG) annually starting in 2030, marking its first long-term...

Hungary to Buy U.S. Nuclear Fuel, Tech for Russian-Built Plant

Hungary will sign a new nuclear cooperation agreement with the United States that includes the purchase of American nuclear fuel and U.S. technology for...

China’s Rare Earth Exports Rebound 9% in October After Trade Truce with U.S.

China’s rare earth exports rose 9% in October to 4,343.5 metric tons, ending a three-month decline, according to customs data released Friday. The rebound...

Exxon moves into Greece, bolstering US gas influence in the eastern Med

Exxon Mobil has signed a deal to explore for natural gas offshore Greece, increasing U. S. involvement in the eastern Mediterranean as the Trump...

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