Global nuclear power generation is on course to decline after a record-breaking 2024 on insufficient investment and aging power plants, the World Nuclear Industry Status Report has warned. Ahead of the official release of the report, later today, Reuters wrote that, in addition to already announced new nuclear projects, 44 …
Read More »Japan Joins Denmark in Pioneering Osmotic Energy Revolution
Japan just became the second country in the world to launch a commercial-scale osmotic energy plant, a big win for the little-known form of clean energy generation that first broke ground in Denmark. While osmotic energy is nascent and its testing grounds remain limited, it has big potential – The …
Read More »Natural Gas is America’s Secret Weapon in the AI Power Race
Top natural gas producers and pipeline operators expect the industry and various U.S. states to accelerate approval and development of natural gas infrastructure in the new normal American electricity market of rising demand and consumer bills. American ratepayers have seen electricity prices rising at a faster pace than U.S. inflation …
Read More »The U.K. and U.S. Have Big Plans for Small Modular Nuclear Reactors
As U.S. President Donald Trump and U.K. Prime Minister Kier Starmer meet on the president’s second official visit to Britain this term, nuclear power is one of the energy topics expected to be addressed. Both countries are pursuing a new era of nuclear power, after several decades of stagnation, investing …
Read More »What’s The Real Reason behind OPEC+’s Surprise Oil Production Boost?
OPEC+’s decision last week to increase its collective oil production has surprised many, given the soft outlook for oil prices for the remainder of this year and into next. It is true that the 137,000 barrels per day (bpd) rise from October is much lower than the 411,000 bpd and …
Read More »Gulf Countries Respond to U.S. Trade Pressure with Trillion Dollar Plans
Over the past decade, the Gulf Cooperation Council (GCC), comprising Saudi Arabia, Qatar, the UAE, Bahrain, Kuwait, and Oman, has advanced bold strategies to reshape its economies by reducing reliance on oil while developing new sectors like renewable energy, tourism, financial services, and digital innovation. Charting a course toward long-term …
Read More »Exxon is Shaking up the EV Battery Market
Sales of electric vehicles are growing strongly despite a certain unevenness in this growth across the globe. But overall, this growth is not strong enough to give battery researchers a break—work is still underway for batteries that are more reliable, faster to charge, and longer-living. In that, the EV industry …
Read More »Is Russia Weaponizing Natural Gas against Armenia?
For the third time in as many months, the Russian natural gas supplier Gazprom is turning off the tap to Armenia, claiming a need to repair infrastructure. Some observers believe the Kremlin is instigating the repeated cut-offs as a means of pressuring Yerevan to moderate its geopolitical turn away from …
Read More »Russia’s Oil and Gas Revenues Face Significant September Decline
Russia’s revenues from oil and gas are expected to plunge in September by 23% from a year earlier, as international crude prices have declined and the Russian currency has strengthened, calculations by Reuters showed on Thursday. The decline is not good news for Russia, which is currently planning its 2026 …
Read More »ExxonMobil CEO Slams EU Climate Rules
The penalties proposed in the European Union’s climate and social responsibility legislation would be bone-crushing to any company, ExxonMobil’s chief executive Darren Woods told Bloomberg. The EU’s planned Corporate Sustainability Due Diligence Directive, which is designed to prevent adverse human rights and environmental impacts across a company’s value chains, has …
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