Britain said on Monday its 75-million-pound ($90.5 million) fund aimed at helping boost domestic production of nuclear fuel for power plants and cutting reliance on Russian uranium supplies was now open for applications. The fund, announced in July, will... 

OPEC on Thursday cut its forecast for growth in world oil demand in 2022 for a second straight month, citing the impact of Russia’s invasion of Ukraine, rising inflation and the resurgence of the Omicron coronavirus variant in China. The Organization... 

The invasion of Ukraine has highlighted the geopolitical liability for the European Union from fossil fuel imports from autocratic regimes. In response, the European Union is for ways to replace Russian gas imports in the short term, taking critical decisions... 

Asia liquefied natural gas (LNG) spot prices hit a record high of more than $59 per million British thermal units (mmBtu), tracking a surge in European gas prices on concern over tight supply after Russia’s invasion of Ukraine. Price agency S&P... 

Nord Stream 2, the company building a gas pipeline between Russia and Germany, has reportedly requested a permit allowing it to use pipe-laying vessels with anchors to complete the final roughly 120-kilometre stretch of pipeline in Danish waters. Nord... 

The new BP Statistical Review of World Energy was published this week. It’s worth a look:  a treasure trove of energy data, published annually since 1952. (Full disclosure:  I led the production of the Review for a dozen years…) The Review has... 

Russia and Saudi Arabia both rely on oil sales to fund a majority of their budgets. In the last five plus years, China has become the biggest customer for both countries. In fact, China is the world’s largest importer of oil, though it could cut... 

Oil prices are down nearly 50% for the year after OPEC+ talks collapsed and Saudi Arabia announced slashed prices in an apparent price war with Russia. Oil prices fell through the floor in early trading Monday, tanking as much as 30% after Saudi Arabia... 

Nearly two years ago China’s “Nimble Dragon” (玲龙) project hit headlines when state-owned China National Nuclear Corporation (CNNC) announced plans to build a floating small modular reactor (SMR) in the island province of Hainan. Just last month China’s Ministry... 

At least 37 people are confirmed to have died after a block of flats collapsed in a gas explosion in eastern Russia. Twenty-two of the dead have been identified following the blast on New Year’s Eve, which caused part of the 10-storey building... 

The European Parliament has called for the construction of the Nord Stream 2 pipeline to be cancelled. This is according to the resolution adopted by the European Parliament on Wednesday following the report on the Implementation of the EU-Ukraine Association...