News & Map

Crew of vessel that sustained fire in Hormuz evacuated

Crew of vessel that sustained fire in Hormuz evacuated Local authorities have confirmed that the crew of a vessel that s...

GE Vernova in $9B deal to buy high-voltage manufacturer as gas turbine orders slow

The acquisition of Trench Group will help GE Vernova capitalize on rising electricity demand, company executives said.

Mexico’s Richest Man Sells $1.15 Billion in Oil Stocks

Carlos Slim has sold more than $1.15 billion of U.S. oil stocks this year as the Iran war sends crude prices and energy ...

$410M plan to transform Connecticut power plant into waterfront park

Russian Finance Ministry not supporting oil and gas sector taxation changes

The level of tax burden in the oil industry already exceeds 60%, Alexey Sazanov said

Copper, nickel at risk due to El Niño’s disruptions 

A new BMI report shows that weather disruptions caused by El Niño can impact output and transportation of the critical m...

Government backs Indian floating solar

New policy support sees India’s federal government attempt to accelerate floating solar deployment, but can it be done, ...

The CCS Project That Passed Every Test Except the Investment Test

Heidelberg Materials’ proposed carbon capture project in Edmonton appeared to contain almost every ingredient policymake...

New Jersey governor threatens to block delivery of Russian diesel cargoes

Mikie Sherrill calls Trump’s deal with Putin ‘corrupt and illegal’ as she weighs moves to stop shipment to east coast po...

New Jersey governor threatens to block delivery of Russian diesel cargoes

Mikie Sherrill calls Trump’s deal with Putin ‘corrupt and illegal’ as she weighs moves to stop shipment to east coast po...

Russia, Tanzania intend to deepen cooperation in energy, other sectors — Novak

Russia is committed to further expanding political dialogue, parliamentary and interdepartmental exchanges, the Russian ...

EU countries push back against Brussels plan to tax gas more than electricity

More than a dozen EU countries are challenging Brussels' plans to favour electricity over gas, warning that the proposal...

Iran says four tankers on fire after hitting mines in Hormuz

The vessels had "switched off all their radar and navigation systems" and disregarded warnings from the IRGC navy, the s...

India increases growth forecast for fiscal year

India's Ministry of Finance has increased its growth forecasts for the current fiscal year. But it also warned about inf...

Sinopec Third-Quarter Profit Jumps 64% as Oil Prices Climb

Higher oil prices helped raise Sinopec’s third-quarter earnings by 64% from a year earlier, even as China’s top refiner ...

Russia to Extend Diesel Export Ban, Use Quotas to Fulfill U.S. Deal, Sources Say

The current ban on diesel exports is due to expire on Oct. 31.

KHNP ends negotiations with construction consortium for Czech units

Korea Hydro & Nuclear Power is to select a new contractor for the construction of two APR1000 reactors at the Czech Repu...

Fuel reserve volumes for public utilities sector above standard rates — Russian PM

This is necessary to prepare power generation and public utilities businesses for potential loads, including peak ones, ...

Hungary, US Sign Agreement on ‘Trump Peace Pipeline Framework’

Hungary and the US signed an agreement on the “Trump Peace Pipelines Framework” to strengthen cooperation on developing ...

Russian Deputy PM names key areas of cooperation with Africa

Alexander Novak indicated agriculture, transport, mineral resources mining and electric power as key areas for cooperati...

UK Budget Signals Wave of New North Sea Oil and Gas Drilling

John Healey’s Budget has assumed the government will approve North Sea discovery drilling projects that produce in exces...

US oil firm HKN aims to double Syria's output as it takes over Kurdish-run fields

HKN Vice President Matthew Zais tells Al-Monitor the company plans to double production at Syria’s northeastern oil fiel...

Ethiopia: Dangote Hires Spanish Firm for Ethiopia's $4 Billion Fertiliser Project

[Addis Standard] Addis Abeba -- Dangote Group, owned by Nigerian billionaire Aliko Dangote, has contracted Spanish engin...

Trafigura Signs New Gas Supply Deal with German SEFE

Trafigura has signed a $1.5 billion five-year loan agreement that will back a contract for the commodity trading giant t...

Ethiopia: Abiy, Putin Discuss Nuclear Energy, Trade Cooperation At Moscow Summit

[Horn Diplomat] Ethiopian Prime Minister Abiy Ahmed held talks with Russian President Vladimir Putin on Thursday on expa...

Rio Tinto pumps $1.4B into lithium projects in Argentina

Two new operations add 25,000 tonnes of annual capacity as the mining giant pursues ambitious growth targets in battery ...

RusHydro eyeing cooperation expansion with African countries

Deputy CEO of the Russian hydropower company Sergey Machekhin said that RusHydro is studying the potential of more than ...

Investors Are Piling Into Dangote. But Is the Price Right?

Nigerian downstream giant Dangote Petroleum Refinery has closed its public offer (IPO). It is now bringing Africa’s indu...

Fatal rig incident: Search still underway for two missing workers off Gabon

Borr Drilling continues the search for two people who remain unaccounted for after its rig sank, while supporting affect...

Planned wave energy project in India takes step forward

Wave energy developer Eco Wave Power has secured a purchase order for the initial site assessment phase of the planned w...

UK National Grid to Extend France Power Link Operation to 2050

UK’s National Grid plans to invest up to $532 million (£400 million) in extending the operation of the UK-France power i...

UK National Grid to Extend France Power Link Operation to 2050

UK’s National Grid plans to invest up to $532 million (£400 million) in extending the operation of the UK-France power i...

Three tankers hit mines in Strait of Hormuz within 24 hours, IRGC Navy says

According to the IRGC Navy, the vessels had switched off their radar and navigation systems and ignored warnings as they...

Russian Finance Ministry sees stabilization of global energy market

Oil products' prices are going down, Russian Deputy Prime Minister - Finance Minister Anton Siluanov said

Saudi Arabia’s largest renewables firm expands into US

Washington-based investment firm EIG is forming a joint venture with ACWA to invest in US power projects.

LNG imports make up increasing share of Colombia's natural gas supply

Colombia is importing more liquefied natural gas (LNG) as domestic production continues to fall. A potential drought thi...

Israel seeks US permission to strike Iranian energy facilities — broadcaster

US President Donald Trump earlier told Republican Party supporters in Ohio ahead of the US midterm congressional electio...

Burnham says UK doing everything to support reopening of Strait of Hormuz

Burnham says UK doing everything to support reopening of Strait of Hormuz Prime Minister Andy Burnham said on Thursday t...

CO2 storage appraisal campaign in UK North Sea yields positive results

The Northern Endurance Partnership (NEP), a joint venture of BP, Equinor and TotalEnergies, has completed an appraisal p...

Iran War Hikes EU’s Oil Import Bill By $11 Billion Per Month

The European Union has been paying $11 billion more to import oil since the Middle East crisis choked crude oil supplies...