Nuclear power plants in Russia produced over 215.7 billion kilowatt-hours of electricity in 2020 thus reaching an all-time-high, Rosenergoatom, a subsidiary of state nuclear energy corporation Rosatom, said on Friday. “We ended 2020 with an absolute record in the entire history of the Russian nuclear power industry, achieved previously only …
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Iran has told the United Nations nuclear watchdog it plans to enrich uranium to up to 20% purity, a level it achieved before its 2015 accord, at its Fordow site buried inside a mountain, the agency said on Friday. The move is the latest of several recent announcements by Iran …
Read More »Industrialists on Wednesday urged Prime Minister Imran Khan to ensure that the commitment made to the business community for uninterrupted gas supply was fulfilled in letter and spirit. In a joint statement, Chairman Businessmen Group (BMG) Zubair Motiwala and President Karachi Chamber of Commerce and Industry (KCCI) M. Shariq Vohra …
Read More »A large box must be ticked before LNG can be considered a cornerstone of the 21st century energy basket – and that is its de-carbonization. LNG has fairly been heralded as a coveted jigsaw piece in the global energy transition; an energy market to bridge the traditional fossil fuel industry …
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The oilfield services sector is usually the one to suffer the most during an oil and gas industry downturn. This last crisis has been no exception in most respects. Drilling fell sharply this year in response to the demand slump in both oil and gas, budgets were cut and exploration …
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Little-known shipping companies registered in the United Arab Emirates (UAE) have been shipping Venezuelan crude oil in breach of the U.S. sanctions on Nicolas Maduro’s regime, Reuters says in a special report on Tuesday. The companies Muhit Maritime, Issa Shipping FZE, and Asia Charm Ltd, all registered in two free …
Read More »US commercial crude oil inventories decreased by 1.2% for the week ending Dec. 25, according to data released by the Energy Information Administration (EIA). Inventories decreased by 6.1 million barrels to 493.5 million barrels, more than the market expectation of a fall of 2.1 million barrels. Strategic petroleum reserves, which …
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US commercial crude oil inventories decreased by 1.2% for the week ending Dec. 25, according to data released by the Energy Information Administration (EIA). Inventories decreased by 6.1 million barrels to 493.5 million barrels, more than the market expectation of a fall of 2.1 million barrels. Strategic petroleum reserves, which …
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Germany saw a 25% increase in solar rooftop installations this year compared to 2019 and the trend looks set to continue next year, the German Solar Association (BSW) said Wednesday. The growth in the rooftop sector was not limited to PV installations, according to BSW managing director Carsten Körnig. “Whether …
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Iranian Energy Minister Reza Ardekanian on Tuesday described his talks with senior Iraqi officials, including Prime Minister Mustafa al-Kadhimi during his visit to Baghdad as constructive and successful. Ardekanian and his accompanying delegation left Baghdad for Tehran late on Tuesday after day-long intensive talks with the Iraqi high-ranking officials. During …
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