TotalEnergies SE has signed up for the supply of four million barrels of oil per month from a pending project of Energy Transfer LP in the United States Gulf of Mexico. Energy Transfer has yet to make a final investment decision on the Blue Marlin Offshore Port project, a deepwater …

Oil futures edged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts to shore up prices, which have fallen for four weeks on easing concern of Middle East supply disruption amid the Israel-Hamas conflict. Brent crude futures climbed 66 cents, or 0.8 per cent, to $81.27 a …

The third round of discharging treated radioactive water from the wrecked Fukushima No. 1 nuclear power plant into the sea concluded Monday, the plant operator said, with the utility planning another round in the current fiscal year. As in the previous rounds, Tokyo Electric Power Company Holdings (Tepco) released about …

A Chinese firm has announced it will build a renewable energy project with more generating capacity than New Zealand in a vast inland desert province. China Energy Investment Corp. and its listed unit, China Longyuan Power Group Corp., are forming a joint venture to build the Badain Jaran in Gansu …

Iranian and Pakistani energy ministers vowed to take effective steps in advancing the previously-inked Iran-Pakistan (IP) gas project deal. Following his visit to Iran to participate in the 23rd edition of the Iran International Electricity Exhibition (IEE), Pakistan Minister of Energy Muhammad Ali promised to fulfill the commitment of his …

The gap between liquefied natural gas prices in Asia and Europe is increasing as tighter restrictions at the drought-stricken Panama Canal threaten to make journeys costlier from mainly US suppliers. The Asian gas price premium to Europe for summer 2024 has more than doubled since Oct. 30, when the Panama …

Pacific Northwest National Laboratory researchers have upended what’s known about how rechargeable batteries function. Rechargeable battery performance could be improved by a new understanding of how they work at the molecular level. For decades, researchers have assumed that the inevitable filmy buildup on electrodes inside rechargeable batteries is the driver …

Turkmenistan officially joined international conventions on nuclear safety during a ceremony held at the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria, on November 14. The Turkmen Ambassador to Austria, Hemra Amannazarov, presented documents to IAEA Chief Rafael Grossi, signifying Turkmenistan’s accession to the Convention on Early Notification of …

While fundamentals took over from the war-risk premium this week, pummeling oil prices, Brent crude was gaining over 4% by midday Friday, but analysts told Bloomberg that there is little chance for oil to top $90 in the current market atmosphere. At 1:49 p.m. ET on Friday, Brent crude was …

New rules on curbing methane emissions in Europe’s energy sector may actually boost the case for liquefied natural gas and shouldn’t affect exports from the US. “All of the progress around emissions reduction is positive for the gas business,” Peter Clarke, senior vice president for global LNG at Exxon Mobil …