Hungary and Slovakia have formally requested that Croatia authorize the transit of Russian crude oil via the Adriatic pipeline, following the complete suspension of oil flows through the Ukrainian section of the Druzhba pipeline, which has been out of service since January 27. The two countries seek to use the …

Eni has made a major natural gas and condensate discovery offshore the Ivory Coast in Africa, in part of what is estimated to be the second largest discovery in the country after Baleine, the Italian energy major said on Monday. Eni has focused on exploration offshore Africa in recent years …

A Chevron-led consortium on Monday signed the lease contracts for oil and gas exploration offshore Greece as the southern European country aims to become a major gas supplier in the Mediterranean. Chevron, in partnership with Helleniq Energy, signed the lease agreements with Greece concerning the exploration of four offshore blocks …

China’s oil imports from Russia are on track for all-time high of over 2 million barrels per day in February as India is withdrawing from Russian spot purchases and supply is now heavily discounted for Chinese independent refiners. China is set to import 2.07-2.08 million barrels per day (bpd) of …

Equinor and its partners have made an oil and gas discovery in a prospect near the Gullfaks field in the northern part of Norway’s North Sea, the Norwegian Offshore Directorate said on Monday. Equinor, as operator of a production license, and its partners Petoro and OMV made the discovery in …

Abu Dhabi’s national oil company, ADNOC, keeps making headlines again, not only when looking at upstream but also in its LNG strategic operations. At present, the oil and gas giant’s quiet acceleration in LNG shipping is often treated as merely a capacity add. Mainstream media is focusing on factors such …

British aviation company Rolls-Royce has big plans for nuclear power, as well as other major energy projects, having been selected as the United Kingdom’s preferred bidder to build the country’s first small modular reactors (SMRs) last year. The company is expected to fast-track the development of the U.K.’s first SMRs, …

U.S. natural gas prices extended a slide that started earlier this month due to forecasts of warmer weather in the near future. In morning trade in Asia today, the futures contract for March shed 7.4% from Friday, falling to just above $3 per million British thermal units, the lowest price …

As a part of the United States’ push to revitalize its aging nuclear energy sector, the Department of Energy is funding a wave of research into recycling used nuclear fuel. This move comes as a part of a broader effort to increase the United States’ energy independence by reducing reliance …

Latin America is attracting greater attention from international investors thanks to its strong renewable energy and critical mineral potential. In recent years, the region’s green energy capacity has steadily grown, while more mineral mining projects are developed, and the electric vehicle (EV) market is beginning to expand. As the United …