The UK Is Ramping Up Its Nuclear Energy Ambitions | OilPrice.com Felicity Bradstock Felicity Bradstock is a freelance writer specialising in Energy and Finance. She has a Master’s in International Development from the University of Birmingham, UK. More Info Premium Content By Felicity Bradstock – May 30, 2024, 1:00 PM CDT The U.K. government aims...Continue Reading

Sources Warn of Potential OPEC+ ‘Plot Twist’ on Sunday | OilPrice.com Josh Owens Josh Owens is the Content Director at Oilprice.com. An International Relations and Politics graduate from the University of Edinburgh, Josh specialized in Middle East and… More Info Related News By Josh Owens – May 30, 2024, 12:30 PM CDT Ahead of the...Continue Reading

The Asia Pacific Region Is Emerging as a Carbon Capture and Storage Hub | OilPrice.com Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – May 30, 2024, 12:00 PM...Continue Reading

Spanish Gas Lobby Calls for Urgent Support Amid Renewables Boom | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Related News By Michael Kern – May 30, 2024, 11:30 AM CDT Spain should support its domestic natural gas-fired power plants to be available to provide electricity when...Continue Reading

This deal involves the Clipper and Leman Alpha offshore field clusters and represents the latest move by major oil and gas companies to exit the aging North Sea basin in favor of more lucrative ventures. SourceContinue Reading

Oil Slides as EIA Reports Crude Inventory Decline, Fuel Builds | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – May 30, 2024, 10:57 AM CDT Crude oil inventories declined by an estimated 4.2...Continue Reading

The loan for the Scarborough project, which is scheduled to deliver its first LNG shipment in 2026, will come from the Japan Bank for International Cooperation. The public financial institution has stepped-up efforts to secure LNG, including granting loans for fuel purchases. SourceContinue Reading

Germany to Ditch Controversial Tax on Gas Transit in 2025 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – May 30, 2024, 10:30 AM CDT Germany will abolish from 2025 a controversial levy on natural gas storage which countries in central Europe have had to pay...Continue Reading

Algeria is stepping up exploration efforts and has made eight large discoveries so far this year, with the aim of raising production to 200 Bcm a year in the short to medium term from 137 Bcm currently. SourceContinue Reading

The message, sent in a letter Wednesday to Energy Secretary Jennifer Granholm, comes as Biden administration officials have hinted they may be willing to release oil from the Strategic Petroleum Reserve to tamp down gasoline prices amid forecasts for a spike this summer. SourceContinue Reading