Danish authorities reported a gas leak Monday from the defunct Nord Stream 2 pipeline close to the island of Bornholm in the Baltic Sea, according to Interfax news agency. The Danish Maritime Authority has banned all ships from moving within five nautical miles (9.25 kilometers) of the accident site, saying …

Director General of the International Atomic Energy Agency (IAEA) Rafael Grossi says the agency has started talks with Iran to iron out differences over the outstanding safeguards issues. Grossi released on his Twitter page a picture of his meeting on Monday evening with the head of the Atomic Energy Organization …

China’s rapid build-up of clean energy is claiming more copper, supporting the market at a time when traditional sources of demand like housing are in the dumps. Copper imports are one of the few bright spots in an otherwise bleak picture for Chinese commodities consumption. Underpinning some of that demand …

Abu Dhabi Future Energy Company – Masdar – and Germany’s RWE Renewables, two of the world’s leading renewable energy companies, announced today they have signed a Memorandum of Understanding (MoU) to explore collaboration on developing offshore wind projects in a range of key markets. Under the terms of the MoU, …

The Organization of Petroleum Exporting Countries (OPEC) and its allies can salvage the oil prices by reducing the output, expert Mohammad al-Husni said on Monday. “OPEC+ can control the prices if they agree on a huge cut on production in their October 5 meeting,” al-Husni told Shafaq News Agency. “A …

QatarEnergy has selected France’s TotalEnergies as its first international partner in the North Field South (NFS) liquefied natural gas (LNG) expansion project in Qatar. As per the agreement terms, TotalEnergies will effectively hold a 9.37% stake in the 16 million tons per annum (Mtpa) NFS project. QatarEnergy intends to offer …

Oil prices stabilized Monday, rebounding after earlier falling to the lowest levels in nine months, after doubts emerged about the possibility of the EU imposing a price cap on Russian oil. By 09:20 ET (13:20 GMT), U.S. crude futures traded 1.1% higher at $79.62 a barrel, while the Brent contract …

Iran’s nuclear chief Mohammad Eslami said on Monday that bogus allegations against Iran’s peaceful nuclear activities must come to an end. Addressing the annual conference of the International Atomic Energy Agency (IAEA) on Monday, Eslami insisted on the need for an impartial verification of Iran’s nuclear program by the Vienna-based …

Soaring energy prices are mounting pressure on Europe to renovate its ageing, inefficient buildings as governments scramble to protect citizens from rising utility bills. Europe’s buildings are responsible for 40% of its energy consumption and many are in desperate need of better insulation in order to decrease the EU’s reliance …

Belgium announced on Friday that its Doel 3 nuclear reactor will disconnect from the grid and cease operations, even as the country fears blackouts this winter. It is one of four reactors at the Doel plant near the port of Antwerp, and is the first nuclear reactor to shut down …