International

One of the world’s top coal producers and users, India, aims to triple its coal production from underground mines as it seeks to meet energy demand with what it says is a more “eco-friendly” way to produce coal than opencast mines, a senior Indian official has told the Financial Times. …

Europe banned most oil shipments from Russia almost a year ago, but it’s binging on diesel that may well have been made from Russian crude. The region’s imports of diesel from India, one of the biggest buyers of Russian crude, are on course to soar to 305,000 barrels a day, …

Iraqi officials in the oil sector plan to meet with representatives of international oil companies and Iraqi Kurdish officials in early December to discuss contract amendments focusing on the latest efforts to resume oil exports from northern Iraq through Turkey. The Undersecretary of the Ministry of Oil for Extraction Affairs, …

Brazil’s Petrobras has high hopes for the country’s oil industry, even under socialist President Luiz Inácio Lula da Silva, as it makes moves that suggest it is in it for the long haul. The state-owned oil major has plans to transform Brazil’s global energy presence, which includes boosting its oil …

The OPEC+ group has made progress in talks with its African producers over their oil output quotas next year, three OPEC+ sources told Reuters on Friday, after the alliance had to postpone this weekend’s meeting over the spat. On Wednesday, OPEC said that the OPEC+ meeting scheduled for this weekend …

ArcelorMittal, the world’s second-largest steelmaker, is looking to sign an agreement with a U.S. LNG exporter as it aims to secure stable supply of natural gas following last year’s energy crisis in Europe, the Financial Times reported on Tuesday, quoting sources with knowledge of the plans. Industrial giants in Europe …

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 …

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 …

Turkmenistan’s oil and gas state corporations will hold an International Forum to Attract Foreign Investments in Turkmenistan’s Energy Sector in Paris, France, from April 24 through April 25, 2024, Trend reports. The Forum aims to enhance chances for attracting direct foreign investments in various sectors of Turkmenistan’s energy industry, as …

Russia is adapting to the increasingly stricter U.S. sanctions on trade with Russian oil and is acting in accordance with its own interests, Kremlin spokesman Dmitry Peskov said on Tuesday, commenting on reports that the United States was looking into punishing more vessels breaching the G7 price cap on Russia’s …