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... 

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... 

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... 

The current crisis facing the oil industry happened seemingly overnight, the result of a two-pronged situation: the economic slowdown caused by the global COVID-19 pandemic and the predatory attempt by Saudi Arabia and Russia to eliminate competition... 

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... 

Production cuts agreed by OPEC and its allies are on track to balance global oil markets in the first half of 2019, but more work may be needed after that.  If Saudi Arabia, Russia and other countries in the so-called OPEC+ coalition cut production by... 

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... 

Alexander Voronkov SAUDI ARABIA’s adoption of the Vision 2030 strategy, whose goal is to reduce dependence on fossil fuels, was one of the boldest attempts by any Middle East nation to move towards a low-carbon economy, and, with its ambitious plans...