Fossil Energy

Latest news

After years of dissension, Australia and China seem to be on the verge of a more positive relationship. The first coal shipment en route to China in over two years is an encouraging sign of warming trade ties between the two Pacific powers. This event represents an important step in stabilizing relations between Australia and China.
After years of dissension, Australia and China seem to be on the verge of a more positive relationship. The first coal shipment en route to China in over two years is an encouraging sign of warming trade ties between the two Pacific powers. This event represents an important step in stabilizing relations between Australia and China.
NexGen Energy Ltd. today announced the launch of an expanded exploration program for the year 2023, with a clear focus on testing the promising mineralized zones identified in the southwestern Athabasca Basin of Saskatchewan.
NexGen Energy Ltd. today announced the launch of an expanded exploration program for the year 2023, with a clear focus on testing the promising mineralized zones identified in the southwestern Athabasca Basin of Saskatchewan.
Oil prices rose Wednesday for the third day in a row as analysts forecast higher Chinese demand amid volatility in the global market. Expected U.S. inventories should also influence the market.
Oil prices rose Wednesday for the third day in a row as analysts forecast higher Chinese demand amid volatility in the global market. Expected U.S. inventories should also influence the market.
Private companies should accelerate hydrocarbon exploration and production in Mexico despite the challenges they face.
Private companies should accelerate hydrocarbon exploration and production in Mexico despite the challenges they face.
Indonesia approves the first development plan for the Tuna offshore gas field. With an estimated total investment of $3.07 billion until production begins. The project is expected to assert Indonesia's sovereignty in the South Sea, which is subject to numerous tensions with China.
Indonesia approves the first development plan for the Tuna offshore gas field. With an estimated total investment of $3.07 billion until production begins. The project is expected to assert Indonesia's sovereignty in the South Sea, which is subject to numerous tensions with China.
Ecuador suspends its debt by refusing to pay the $290 million loan owed to Petrolia Ecuador. Petrolia Ecuador, is a subsidiary of the Canadian public company New Stratus Energy, in South America.
Ecuador suspends its debt by refusing to pay the $290 million loan owed to Petrolia Ecuador. Petrolia Ecuador, is a subsidiary of the Canadian public company New Stratus Energy, in South America.
Oil prices continued to decline on Wednesday as concerns over China's health situation intensified while the world's second largest economy is in the grip of a major covid.
Oil prices continued to decline on Wednesday as concerns over China's health situation intensified while the world's second largest economy is in the grip of a major covid.
In Turkey, President Tayyip Erdogan announced that the country's total volume of natural gas is now 710 billion cubic meters.
In Turkey, President Tayyip Erdogan announced that the country's total volume of natural gas is now 710 billion cubic meters.
In Japan, companies are signing several agreements to source LNG from Oman LNG and Venture Global.
In Japan, companies are signing several agreements to source LNG from Oman LNG and Venture Global.
Gazprom's gas exports outside the former Soviet bloc countries fell by 45.5% in 2022, according to announced results.
Gazprom's gas exports outside the former Soviet bloc countries fell by 45.5% in 2022, according to announced results.
Tangguh, Indonesia's LNG plant is expanding its capacity with the addition of a new Train-3 structure.
Tangguh, Indonesia's LNG plant is expanding its capacity with the addition of a new Train-3 structure.
A liquefied natural gas (LNG) import terminal ship has arrived in Finland, the state-owned gas grid operator announced.
A liquefied natural gas (LNG) import terminal ship has arrived in Finland, the state-owned gas grid operator announced.
Russia will ban the sale of its oil to foreign countries that use the price cap from February 1.
Russia will ban the sale of its oil to foreign countries that use the price cap from February 1.
Europe and Asia are now bidding against each other for cargoes of liquefied natural gas (LNG) produced further away.
Europe and Asia are now bidding against each other for cargoes of liquefied natural gas (LNG) produced further away.
Sberbank, a Russian bank, accuses Glencore Energy UK of not paying the bill for oil supplied through it.
Sberbank, a Russian bank, accuses Glencore Energy UK of not paying the bill for oil supplied through it.
The Yamal-Europe gas pipeline could resume gas supply to Europe according to Russian Deputy Prime Minister Alexander Novak.
The Yamal-Europe gas pipeline could resume gas supply to Europe according to Russian Deputy Prime Minister Alexander Novak.
Bulgaria is negotiating to reserve about 1 bcm/year of import capacity in Turkish LNG terminals.
Bulgaria is negotiating to reserve about 1 bcm/year of import capacity in Turkish LNG terminals.
In Piombino, Italy, the administrative court rejects a request for a preventive halt to work on a new LNG terminal.
In Piombino, Italy, the administrative court rejects a request for a preventive halt to work on a new LNG terminal.
Energinet has lowered its level of vigilance, which had been raised after the sabotage of the Nord Stream 1 and 2 gas pipelines.
Energinet has lowered its level of vigilance, which had been raised after the sabotage of the Nord Stream 1 and 2 gas pipelines.
The number of customers heating with gas in France has "for the first time in a long time" decreased this year.
The number of customers heating with gas in France has "for the first time in a long time" decreased this year.
The Spanish competition authority has announced that it has fined the German energy group RWE and the French company TotalEnergies.
The Spanish competition authority has announced that it has fined the German energy group RWE and the French company TotalEnergies.
TotalEnergies will launch a campaign in January to reserve regasification capacity on its future floating LNG carrier in Le Havre.
TotalEnergies will launch a campaign in January to reserve regasification capacity on its future floating LNG carrier in Le Havre.
Cobra IS, announced the $1.1 billion acquisition of Brazilian group Petrobras' assets in Polo Carmópolis.
Cobra IS, announced the $1.1 billion acquisition of Brazilian group Petrobras' assets in Polo Carmópolis.
Russian President Vladimir Putin has officially launched the exploitation of the Kovykta gas field, a vast deposit located in Siberia.
Russian President Vladimir Putin has officially launched the exploitation of the Kovykta gas field, a vast deposit located in Siberia.
French major TotalEnergies and Italian Eni have made a new offshore gas discovery off the coast of Cyprus.
French major TotalEnergies and Italian Eni have made a new offshore gas discovery off the coast of Cyprus.
Natural gas consumption in the European Union fell by 20.1% in August-November compared with the average for the previous five years.
Natural gas consumption in the European Union fell by 20.1% in August-November compared with the average for the previous five years.

popular articles