All articles tagged with #energy security
ExxonMobil expresses interest in re-entering Venezuela's oil industry, emphasizing the need for legal and structural reforms, and highlights their long-term investment philosophy and readiness to assist in restoring Venezuelan oil production with appropriate security and cooperation.
Increasing Venezuela’s oil output will require years and billions of dollars, with geopolitical factors like OPEC decisions, Russia's war in Ukraine, and global demand influencing the timeline and feasibility of boosting production.
The US welcomes India's SHANTI Bill 2025, which modernizes India's nuclear legal framework, allows private companies to participate in nuclear energy, and aims to strengthen energy security and civil nuclear cooperation between the two countries.
Japan is considering restarting the Kashiwazaki-Kariwa nuclear plant, the world's largest, after 15 years since Fukushima, amid public protests and concerns over safety, as the government aims to boost energy security and meet decarbonization goals.
Japan is set to restart the Kashiwazaki-Kariwa nuclear plant, the world's largest, marking a significant step in its return to nuclear energy post-Fukushima, despite local opposition and safety concerns, as the country aims to reduce reliance on fossil fuels and meet future energy demands.
Japan is set to approve the restart of the Kashiwazaki-Kariwa nuclear plant, the world's largest, marking a significant step in its return to nuclear energy post-Fukushima, despite local opposition and safety concerns, as the country aims to reduce reliance on imported fossil fuels and meet future energy demands.
The Department of Energy is actively implementing President Trump's energy policies, focusing on achieving American energy dominance through initiatives like revitalizing the coal industry, advancing nuclear energy, reducing dependence on foreign critical minerals, and modernizing nuclear deterrence, with recent achievements in nuclear materials recovery and collaborations to further scientific and energy advancements.
The article discusses the complex and interconnected global oil market, highlighting recent shifts such as increased demand, OPEC+ production cuts, Russia's strategic moves to export oil eastward, and the geopolitical implications for countries like the US, China, and Venezuela, amidst ongoing conflicts and energy transition efforts.
Hungary plans to sue the EU at the European Court of Justice over its plans to phase out Russian energy by 2027, arguing that it threatens Hungary's energy security and could cause price hikes, with the Hungarian government already initiating legal proceedings.
Dangote Industries is expanding its $20 billion petroleum refinery in Nigeria from 650,000 to 1.4 million barrels per day to meet regional demand, boost Nigeria's energy independence, and position Africa as a global refining hub, with completion expected in three years.
The article discusses the complex and interconnected global oil market, highlighting recent shifts such as OPEC+ production cuts, Russia's continued exports despite sanctions, and the impact of geopolitical tensions on oil prices and energy security. It emphasizes the rising demand, especially from Asia, and the strategic moves by countries like China, India, and Venezuela, while also considering the implications of energy transition policies like the European Green Deal.
The US and UK reaffirm their strong alliance through the Second State Visit, signing the Technology Prosperity Deal to advance AI, quantum computing, and nuclear energy, while also strengthening defense collaborations and economic ties, including significant investments and joint research initiatives.
The U.S. Department of Energy launched the Speed to Power initiative to accelerate large-scale grid infrastructure projects, aiming to meet growing energy demands, support AI development, and enhance grid reliability and security, in line with federal priorities and executive orders.
The suspect in the Nord Stream pipeline sabotage argues he has 'functional immunity' and is fighting extradition to Germany, where he faces serious charges related to the 2022 explosion that damaged the pipelines. Meanwhile, Germany continues to grapple with issues like rising crime, energy security concerns, and political debates over budget and reparations, amidst ongoing investigations and international tensions.
The US and UK announced extensive nuclear power agreements, including building small modular reactors and securing uranium supplies, aiming to boost energy security, reduce dependence on Russian nuclear material, and promote a new era of nuclear energy cooperation during President Trump's visit to the UK.