An oil tanker chartered by Italian oil company Eni SpA to carry 650,000 barrels of diluted crude oil supplied by Venezuelan state-run PDVSA arrived on Friday in Venezuelan waters, according to a document from the state-run firm. The crude cargo will be the first for Eni following an authorization issued …

A key meeting of North Korea’s ruling Workers Party is underway amid speculation of Pyongyang preparing for a nuclear test. The top huddle, which convened on Wednesday, is being presided by North Korean leader Kim Jong Un, with the participation of key officials of the party and ministries, Korean Central …

A research team comprised of Chinese and Russian scientists have recently developed a cost-effective and environmentally friendly way to lift efficiency to convert sunlight into hydrogen energy, a method that could help Russia and China enter a new era of clean energy and help both countries take a leading position …

Ukraine hopes to make €1.5 billion from electricity exports to the European Union by the end of the year and earn to more in the future after obtaining the right to export its energy there, a Ukrainian energy ministry adviser said on Wednesday (8 June). Former Soviet Ukraine’s electricity grid …

Based on current projections, energy prices are expected to rise by 50 percent in 2022, reflecting an 81 percent increase in coal prices, a 74 percent rise in natural gas prices (average of the European, Japan, and U.S. benchmarks), and a 42 percent increase in the price of oil, Trend …

Some of the biggest international oil and gas majors, including ExxonMobil, Shell, and TotalEnergies, are expected to be awarded stakes in the major expansion projects of one of the world’s top LNG exporters, Qatar, sources familiar with the matter told Bloomberg on Tuesday. Qatar announced last year the world’s largest …

New planned LNG import facilities in the EU – especially in Germany, Italy, Greece, and the Netherlands – could supply a quarter more gas to the EU than before, with Italy ramping up gas imports and production and deviating from climate objectives, a report from the Climate Action Tracker (CAT) …

Environmental groups are starting legal action against the EU’s plans to fast-track funding and permits for 30 proposed gas projects. ClientEarth, Friends of the Earth Europe, Food & Water Action Europe and CEE Bankwatch Network believe the EU Commission has given “these climate-destructive projects VIP status, in contradiction of its …

U.S. natural gas prices tumbled after a fire broke out at a Texas export terminal, threatening to leave supplies of the fuel stranded in shale basins despite surging overseas demand. The fire is under control at Freeport LNG’s terminal in Quintana, Texas, about 65 miles (105 kilometers) south of Houston, …

QatarEnergy and Chevron Phillips Chemical Company (CPChem) have announced awarding the early site works contract for the Ras Laffan Petrochemical Project (RLPP), marking the commencement of execution of the RLPP. Consolidated Contractors Company (CCC) has been selected as the contractor to undertake this work and was awarded a lump-sum contract …