Governor Set to Approve Restart of World’s Largest Nuclear Plant in Japan
The governor of Niigata Prefecture is expected to give approval as early as this week for the restart of the Kashiwazaki-Kariwa nuclear plant, the...
Ukraine Secures New Gas Supply Route from Greece
Ukraine will import gas from Greece to meet its winter needs, as announced by President Volodymyr Zelenskiy.
He stated that Ukraine has prepared a deal...
Attack on Russian Port Knocks 2% of Global Oil Supply Offline
Russia's Black Sea port of Novorossiysk has temporarily halted oil exports, which amount to 2.2 million barrels per day or 2% of global supply,...
Lukoil in Talks to Sell Off Foreign Assets
Lukoil, Russia's second-largest oil producer, reported that it is discussing the sale of its foreign assets due to recent sanctions from the UK and...
Solar Boom Sweeps War-Torn Myanmar Amid Deepening Power Collapse
Myanmar’s electricity system has deteriorated sharply since the 2021 military coup and ongoing civil war. Chronic blackouts, collapsing infrastructure, and a government crippled by...
Carlyle in Talks to Acquire Lukoil’s Foreign Assets
U. S. private equity firm Carlyle is considering buying foreign assets from Russian oil company Lukoil, which has been sanctioned by the U. S....
In Response to Drone Attacks, Russia Activates Reserve Oil Capacity
Russia's oil processing has only decreased by 3% this year despite significant drone attacks from Ukraine. These attacks have targeted oil refineries, depots, and...
IEA Warns of Growing Global Oil Surplus as Supply Outpaces Demand
The International Energy Agency (IEA) has revised its forecasts for global oil supply upward, signaling that the world is heading toward a larger market...
GE, Siemens in Talks to Supply Turbines for Syria Power Rebuild
U.S. energy firm GE Vernova (GEV.N) and Germany’s Siemens Energy (ENR1n.DE) are in discussions to supply gas turbines for a $7 billion reconstruction project...
China Stocks Edge Higher as New Energy Shares Surge Ahead of Key Data
China’s major stock indexes rose on Thursday, buoyed by strong gains in the new energy sector, as investors positioned ahead of a fresh batch...