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Japan is bringing back nuclear power as a key energy source, looking to protect its energy security in the crisis that has led to surging fossil fuel prices. The Japanese government confirmed on Friday a new policy for nuclear energy, which the country had mostly abandoned since the Fukushima disaster …

Turkey on Friday held a long-awaited ceremony to mark an increase in capacity at its first underground natural gas storage facility, in what officials say will make it the biggest storage site in Europe. The country has been filling its gas storage units this year as the import-dependent country sought …

Egypt has discovered a large gas field in the Nargis region of the eastern Mediterranean, Oil Minister Tarek El Molla said, Reuters reports. An assessment of the field’s reserves is still ongoing, he told a parliamentary committee briefing. According to Chevron’s Web site, Nargis is one of four offshore exploration …

China’s largest reserve base of liquefied natural gas (LNG), located in Jiangsu Province’s Yancheng City, officially kicked off the start of gas supply for East China on Friday, according to the China National Offshore Oil Corporation (CNOOC). About 2.41 million cubic meters of natural gas were transported by pipeline on …

The US will begin repurchasing crude oil for its Strategic Petroleum Reserve (SPR) in February, the Energy Department announced on Friday. “This repurchase is an opportunity to secure a good deal for American taxpayers by repurchasing oil at a lower price than the $96 per barrel average price it was …

Germany’s first liquefied natural gas terminal arrived on the country’s north coast, the first of several specialist tankers Berlin is counting on to ease its energy crisis. The Hoegh Esperanza, a floating storage and regasification unit, or FSRU, moored at Wilhelmshaven Thursday, ahead of an opening ceremony Saturday to be …

Since Russia invaded Ukraine, Europe has announced its intent to diversify its gas supplies away from Russia. Sensing an opportunity, Turkey is angling to become a natural gas hub and alternative supply route to the European Union from resource-rich countries in the Caucasus and Central Asia. During a trilateral summit …

Turkmenistan, Turkey, and Azerbaijan plan to set up a working group to cooperate in shipping Turkmen natural gas, Turkish Foreign Minister Mevlut Cavusoglu said at a joint press conference with his Turkmen and Azerbaijani counterparts in the city of Avaza, where the three countries had a summit. “We are willing …

Eni, Euglena, and Petronas will jointly study the possibility of developing and operating a biorefinery in the Pengerang Integrated Complex (PIC) in Malaysia. The three parties are currently carrying out technical and economic feasibility assessments for the proposed project, with the investment decision expected to be reached by 2023 and …

The UK will trim regulations for new power grids to speed up the construction of infrastructure vital to source more of the country’s electricity from wind. The Office of Gas and Electricity Markets — known as Ofgem — published a series of policy changes Thursday that will help ramp up …