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Japan and China sparred over the release of tritium-containing treated water from the meltdown-stricken Fukushima No. 1 nuclear plant into the sea at an annual meeting of the International Atomic Energy Agency that opened Monday. A total of 177 member countries will discuss issues such as nuclear development by Iran …

Despite the fact that U.S. oil producers are now deploying the lowest number of drilling rigs in more than a year and a half, America’s crude oil production is set to hit a monthly record in September—at 13 million barrels per day (bpd), according to estimates by Rystad Energy. Production …

Russian crude oil supplies increased 50% this spring despite the G7 countries imposing sanctions due to war in Ukraine, the Financial Times reported on Sunday (24 September) citing data from analytics company Kpler. The European Union, G7 countries and Australia introduced a price cap of $60 a barrel on Russian …

Gas prices are still expected to stabilise heading into winter despite a recent rise in spot prices on European benchmarks, energy experts have said. The UK Natural Gas Futures benchmark rose 7.2 per cent to £1.10 per therm this morning, while the Dutch TTF Futures rose 7.1 per cent to …

Japan is considering shipping captured carbon dioxide to Malaysia for underground storage as part of a decarbonization project in Asia, the industry minister revealed Monday. The project, which will be Japan’s first shipment of captured CO2 and its storage overseas, is set to start in 2028. Japan and several Southeast …

The first phase of the development project of the Tous Gas field in northeastern Iran was started in an official ceremony on Sunday, Shana reported. Located in Khorasan Razavi Province, Tous Gas field is going to produce three million cubic meters of gas on a daily basis in the first …

Since the inception of Bitcoin to the financial landscape and its underlying Blockchain technology, there has been a lot of controversy surrounding the industry. Voices from environmental activists raising their concerns over the effects of the new assets on the environment have often controlled the narrative around the subject. However, …

A German company that was previously nationalized due to its ties to Russia has resumed trading liquefied natural gas (LNG) with Russia. According to Ukrinform, Bloomberg reported this. “The German government is facing criticism over its energy ties as a taxpayer-backed company re-enters the liquefied natural gas trade with Russia,” …

Russia has made a downward revision to its forecast for natural gas exports for 2024-2026, data from Russia’s economy ministry showed on Friday. According to the Economy Ministry, Russia is now forecasting that its natural gas exports to countries outside the ex-Soviet Union will be $434.6 per 1,000 cubic meters …

BP and Shell, among others have scaled back promises to cut back oil and gas production and have signalled they would be there to provide the world with fossil fuel energy as long as it needs it. This is despite all European majors continuing to target net-zero emissions by 2050. …