The era of cheap natural gas is over, giving way to an age of far more costly energy that will create ripple effects across the global economy. Natural gas, used to generate electricity and heat homes, was abundant and cheap during much of the last decade amid a boom in …

China started this week construction work on a new US$17-billion nuclear power plant project, for which it will install Russian nuclear reactors at the Xudabao project in northeastern China, World Nuclear News reports. The Xudabao 3 unit is the first of four units at the plant to see the beginning …

Dumat Al Jandal, the Middle East’s largest wind farm and the first in the Kingdom of Saudi Arabia, is now connected to the grid and has produced its first carbon-free megawatt-hours (MWh) of energy. The 400-megawatt (MW) utility-scale wind power project is being developed by a consortium led by EDF …

Natural gas could become a pillar of emissions reduction both in the near and long term, IHS Markit said in a new study this week. While many analysts and net-zero advocates have started to question the role of natural gas in global emissions reductions, IHS Markit has a different view. …

New Iranian President Seyed Ebrahim Raisi hosted a meeting with the Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad Sanusi Barkindo in Tehran on Friday, Shana reported. Barkindo briefed Raisi on the condition of the global oil market and emphasized the significant role of the Islamic Republic …

U.S. imports of crude oil from Iraq averaged 82,000 barrels per day (bpd) last, the Energy Information Administration (EIA) said on Saturday, despite a spurt in its appetite during the same period. In its weekly report on U.S. oil imports, EIA Said that the U.S. imports averaged 5.588 million barrels …

Saudi Arabia will lead increases in oil and gas production globally through 2030 as international energy majors remain wary of fluctuating demand and focus on short-term profit, according to Fitch Ratings. The Kingdom will increase production of crude oil, condensate and natural gas liquids by 2.24 million barrels a day …

Iran’s oil minister says the US withdrawal from the 2015 nuclear deal in May 2018 deprived his country from exports of around two billion barrel of oil, worth some 120 billion dollars. Bijan Zangeneh made the comments during a meeting with Secretary General of the Organization of the Petroleum Exporting …

In H1 2021, natural gas became Germany’s main source of energy for the 1st time ever, according to AGEB energy industry think tank. From January to June, German primary energy consumption gained 4.3% year-on-year, amounted to 6191 petajoules. Natural gas use increased by 15.6% year-on-year. The main reason for this …

The impact of bottled water on natural resources is 3,500 times higher than for tap water, scientists have found. The research is the first of its kind and examined the impact of bottled water in Barcelona, where it is becoming increasingly popular despite improvements to the quality of tap water …