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Scientists at the U.S. Naval Research Laboratory believe that power beaming could be the next big thing in energy, capable of wirelessly powering devices and delivering electricity from miles away. Basic physics and recent advances in transmission and reception technologies could one day provide power without needing electricity grids—potentially reducing …

Tensions are rising between Baghdad and Kurdish officials in the semi autonomous Kurdistan Regional Government in Northern Iraq as Iraq’s Oil Ministry prepares to take control of the Kurdish oil sector, including contracts with foreign companies. On Saturday, the Iraqi Oil Ministry announced plans to create a new national oil …

Italian Eni and French TotalEnergies on Monday began the exploratory drilling of a natural gas well off the coast of Cyprus in the same block where a discovery was made in 2018. On Monday, the Tungsten Explorer drillship arrived off the coast of Cyprus to begin drilling in Block 6, …

Norway, western Europe’s largest oil and gas producer, should share the huge profits it has made from oil and gas exports since the Russian invasion of Ukraine, Poland’s prime minister Mateusz Morawiecki said this weekend. “They should share these excess profits. It’s not normal, it’s unjust. This is an indirect …

Oil prices fell by more than $1 on Tuesday as concerns over a possible recession and China’s COVID-19 curbs outweighed an expectation of tight global supply and a pick-up in fuel demand with the U.S. summer driving season. Brent crude futures for July fell $1.34, or 1.2 per cent, to …

CEO and President of Saudi Aramco Amin Nasser said that the company cannot expand production capacity any faster than promised. “The world is facing a major oil supply crunch as most companies are afraid to invest in the sector as they face green energy pressures,” Nasser said. Aramco is sticking …

The liquefied natural gas market is hurtling toward a potentially historic shortage this winter as the world rushes to secure the super-chilled fuel. Europe’s plan to cut imports of piped Russian gas by two-thirds by the end of the year and replace it with LNG from the US and Africa …

The Iranian Customs Spokesman said that the amount of non-oil trade of Iran with Oman was 4,190,000 million tons of goods worth more than 1 billion dollars. Roohollah latifi said in an exclusive interview with ILNA that “In the year 1400 (2021-2022), the amount of non-oil trade of Iran with …

Poland would be interested in cooperating with Portugal on potential LNG trans-shipping, Prime Minister Mateusz Morawiecki said on Friday, adding that gas could be sent to other countries to help them cut their dependence on Russia. Following Russia’s invasion of Ukraine, the European Union has been scrambling to find alternatives …

China tripled investment in solar power projects in the first four months, putting the nation on track to install record amounts of new clean energy capacity. Investment in solar was 29 billion yuan ($4.3 billion) from January through April, about 204% higher than in the same period a year earlier, …