The operator of Japan’s Fukushima nuclear complex has said that it moved a “pebble-like” piece of melted fuel just outside a reactor container as part of its attempt to retrieve the radioactive debris for the first time since the plant was damaged by a massive earthquake and tsunami in 2011. …
Read More »Turkmenistan, Afghanistan Resume Work on Multibillion-Dollar Gas Pipeline Project
Turkmenistan and Afghanistan on Wednesday resumed work on the multibillion-dollar Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project. The inaugural ceremony was held in Turkmenistan’s Salim Cheshma area and attended by the Taliban administration’s acting Prime Minister, Mullah Muhammad Hassan Akhund, the chairman of Turkmenistan’s upper chamber of parliament and former Turkmen President …
Read More »Oil Down amid Weak Economic Data from US and China
Oil prices declined on Tuesday following weak economic data from China and the US, while growing expectations that the US Federal Reserve (Fed) will lower interest rates and ongoing conflicts in the Middle East limited further price falls. International benchmark Brent crude decreased by 0.2% to $71.69 per barrel at …
Read More »Russia Informs IAEA about Ukraine’s Alleged Plans to Target Zaporizhzhia, Kursk Nuclear Power Plants
The Russian Atomic Corporation (Rosatom) informed the UN’s nuclear watchdog on Saturday about Ukraine’s alleged plans to carry out a provocation, involving two nuclear power plants and subsequently accuse Moscow of doing it. Head of Rosatom Alexey Likhachev called the International Atomic Energy Agency (IAEA) chief Rafael Grossi to inform …
Read More »Japan Faces Jet Fuel Shortage
Amid boom in tourism, Japan is facing jet fuel shortage, as the country’s plummeting oil refineries cannot provide adequate fuel to enable return trips for all planes. Authorities at Narita Airport near Tokyo, Japan’s main gateway for international arrivals, said in late June that six airlines had shelved plans to …
Read More »Tajikistan Aims to Generate all Its Electricity from Green Energy Sources by 2032
Tajikistan aims to generate all its electricity from green energy sources by 2032, President Emomali Rahmon said Tuesday. Rahman made the remarks while attending the International Water Conference in the capital Dushanbe, according to a statement by the Presidency Office. “We are doubling our efforts as part of the transition …
Read More »Oil Prices Down after US Stockpile Build Signals Weak Demand
Oil prices fell on Wednesday following data indicating an increase in crude inventories in the US, the world’s biggest oil consumer. International benchmark Brent crude traded at $82.64 per barrel at 09.31 a.m. local time (0631 GMT), a decrease of 0.62% from the closing price of $83.16 per barrel in …
Read More »China, Japan Hold Talks on Water Release from Crippled Nuclear Power Plant
Japan and China have held talks over the release of treated radioactive wastewater from the crippled Fukushima Daiichi nuclear power plant. During the talks held in Dalian, northeastern China on Saturday, the two sides laid out their positions and exchanged opinions on technical matters concerning the treated water, Kyodo News …
Read More »Libya, Yemen Eye New Partnerships on Energy
Libyan Prime Minister Abdul Hamid Dbeibeh and his Yemeni counterpart Ahmed bin Mubarak discussed energy cooperation between the countries. A Libyan government statement said the two leaders dwelt on the establishment of new partnerships and cooperation between the countries in the field of energy. During a phone call, the “regional …
Read More »Oil Declines with Strong Dollar Dragging Prices down
Oil prices drifted lower on Monday over strong US dollar pressure as investors await Thursday’s release of the Personal Consumption Expenditures (PCE) price index, the US Fed’s preferred measure of price fluctuations and an importance gauge in its next monetary policy decision. International benchmark Brent crude traded at $80.60 per …
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