#oilprice.com. × U.S. Backs Nuclear Plant Restart as AI Power Demand Soars | OilPrice.com. The U.S. Department of Energy is providing a $1 billion loan to Constellation Energy to restart the Three Mile Island Unit 1 nuclear reactor, securing a carbon-free power source for the grid and for Mi
#Nov.19.2025 ×
#oilprice.com. × Sanctioned Serbian Refinery Fights for Survival With Urgent U.S. License Bid | OilPrice.com. Serbia’s only refinery, Naftna Industrija Srbije (NIS), has applied to the U.S. Department of the Treasury for a special license to maintain operations while discussions for a change in its majority Ru
#Nov.19.2025 ×
#oilprice.com. × EU's Fossil Fuel Phaseout Stance Splits at COP30 Summit | OilPrice.com. Despite aiming for net zero, the European Union did not formally support the call by 82 nations at the COP30 summit for a clear roadmap to phase out fossil fuels due to a lack of unanimous approval amo
#Nov.19.2025 ×
#oilprice.com. × U.S. and Saudi Arabia Move Closer to Nuclear Power Cooperation | OilPrice.com. The United States and Saudi Arabia have finalized a long-delayed civil nuclear cooperation agreement that could allow U.S. companies to build reactors in the kingdom, pending further nonproliferation g
#Nov.19.2025 ×
#oilprice.com. × Steep Discounts Help Russia Move Stranded Arctic LNG | OilPrice.com. Russia’s Novatek is offering steep discounts of up to 40% to sell LNG from its sanctioned Arctic LNG 2 project, with China emerging as the primary buyer.
#Nov.19.2025 ×
#oilprice.com. × Exxon Joins Chevron in Eyeing Lukoil’s Global Fire Sale | OilPrice.com. Exxon is now circling the same distressed prize Chevron has been eyeing: chunks of Lukoil’s global portfolio
#Nov.18.2025 ×
#oilprice.com. × Ukraine Diversifies U.S. LNG Import Routes with Lithuania Shipments | OilPrice.com. Ukraine's largest private energy company, DTEK, has successfully imported its first cargo of U.S. liquefied natural gas via a new northern route through Lithuania's Klaipeda terminal, diversifying its
#Nov.18.2025 ×
#oilprice.com. × Mozambique LNG Project Restart Faces New War Crimes Allegations | OilPrice.com. The European Center for Constitutional and Human Rights has filed a criminal complaint in France against TotalEnergies for complicity in war crimes, torture, and enforced disappearance at its Mozambiqu
#Nov.18.2025 ×
#oilprice.com. × Sanctions Slow Russian and Iranian Crude Flows to China | OilPrice.com. U.S. sanctions on Russian oil exporters and key Chinese import terminals are expected to cause a significant drop in China's crude imports from Russia and Iran this month, forcing buyers to seek altern
#Nov.18.2025 ×
#oilprice.com. × Reliance Snaps Up Kuwaiti Crude as India Shuns Sanctioned Russian Oil | OilPrice.com. Reliance Industries has purchased 1 million barrels of Kuwaiti crude as Indian refiners halt Russian oil imports in response to new U.S. sanctions.
#Nov.18.2025 ×
#oilprice.com. × LNG Tanker Rates Soar on Booming U.S. Exports | OilPrice.com. LNG shipping rates on the U.S.–Europe route have surged to near two-year highs as Europe accelerates gas imports ahead of winter while Asian demand weakens.
#Nov.18.2025 ×
#oilprice.com. × Turkish-Flagged LPG Tanker Struck by Drone Near Ukrainian Port | OilPrice.com. Turkish flagged LPG tanker "Orinda" carrying thousands of metric tons of liquefied petroleum gas was reportedly struck at the port of Izmail in Odesa.
#Nov.17.2025 ×
#oilprice.com. × Poland’s Oil Giant Orlen Plugs Into EV Charging Market | OilPrice.com. Poland's largest oil refiner, Orlen, is expanding into the electric vehicle market by launching its first superfast charging hub on the S7 expressway as part of a nationwide program to become a market
#Nov.17.2025 ×
#oilprice.com. × Kazakhstan Drags Big Oil to Swiss Court in $166 Billion Lawsuit | OilPrice.com. Kazakhstan has initiated Swiss arbitration proceedings against major international oil firms seeking up to $166 billion in damages over contract delays, cost overruns, and renewed bribery allegations a
#Nov.17.2025 ×
#oilprice.com. × TotalEnergies Boosts Power Business with $5.9 Billion Europe Deal | OilPrice.com. TotalEnergies has acquired a 50% stake in the flexible power generation assets of Czech firm EPH for $5.9 billion in an all-stock deal, creating a 50/50 joint venture to strengthen its Integrated Power
#Nov.17.2025 ×
#oilprice.com. × Ukraine To Get U.S. LNG From Greece To Secure Winter Gas Supply | OilPrice.com. Ukraine signs operational and long-term agreements with Greece to receive U.S. LNG via the port of Alexandroupolis, securing crucial gas supplies for the 2025-2026 winter period.
#Nov.17.2025 ×
#oilprice.com. × China and India Boost Crude Purchases as Global Glut Looms | OilPrice.com. China and India are increasing crude purchases—mostly discounted Middle Eastern grades—providing relief to producers amid expectations of oversupply and shifting flows caused by tightening U.S. sanctio
#Nov.17.2025 ×
#oilprice.com. × Germany Slashes Capacity to Tender for New Gas Plants | OilPrice.com. Germany’s ruling coalition has slashed in half the capacity of new natural gas-fired power plants it aims to tender by 2032 in a significant scale-down from the previously planned 20 GW of new gas capa
#Nov.14.2025 ×
#oilprice.com. × Ukraine Intensifies Campaign Targeting Russia's Vital Oil Lifeline | OilPrice.com. Russia's key Black Sea port of Novorossiysk suspended oil and wheat exports after a major Ukrainian drone attack, causing global crude prices to jump on supply disruption fears.
#Nov.14.2025 ×
#oilprice.com. × Oil Prices Jump as Ukraine Hits One of Russia’s Biggest Export Hubs | OilPrice.com. Ukrainian drone strikes on Russia’s Novorossiysk oil port lifted crude prices as supply risks resurfaced amid an otherwise bearish market.
#Nov.13.2025 ×
#oilprice.com. × U.S. Sanctions Strand a Third of Russia’s Crude Exports at Sea | OilPrice.com. U.S. sanctions targeting Rosneft and Lukoil have stalled nearly a third of Russia's crude oil export potential at sea, causing top buyers India and China to reduce December purchases and widening the d
#Nov.13.2025 ×
#oilprice.com. × Germany Caps Power Prices to Save Its Industrial Base | OilPrice.com. Germany has agreed to subsidize electricity for its heavy industries, capping prices at about €0.05 per kilowatt-hour from 2026 through 2028
#Nov.13.2025 ×
#oilprice.com. × EU Development Bank Boosts Funding for Ukraine Gas Supply | OilPrice.com. The European Union's development bank has provided an additional $147-million grant to Ukraine’s state energy firm Naftogaz to secure natural gas supply following intensified Russian attacks on the cou
#Nov.13.2025 ×
#oilprice.com. × Hungary’s MOL Moves to Acquire Stake in Sanctioned Serbian Refinery | OilPrice.com. Hungarian oil company MOL is negotiating to buy a significant stake in Serbia’s sanctioned, Russian-owned NIS refinery, which faces an imminent shutdown due to halted crude supply.
#Nov.13.2025 ×
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