Indian energy companies are interested in expanding into Venezuelan oil, New Delhi’s top energy official Hardeep Singh Puri said today at a meeting with Venezuela’s interim president Delcy Rodriguez in India, as quoted by Reuters. The report follows earlier media coverage of the meeting, citing Indian officials as saying that Venezuela’s government sees the country

Japan’s government is making long-term plans for replacing up to a dozen nuclear reactors by 2050, to secure its electricity supply, with two to five of these to be rebuilt by the 2040s, the country’s economy ministry said today. This is the latest step in a policy reversal for Tokyo, which, following the 2011 Fukushima

Media reports about a blast disrupting oil loadings at Oman’s main terminal pushed benchmark prices higher earlier today, in the latest sign that any hopes about an end to Persian Gulf hostilities is probably premature. At the time of writing, Brent crude was trading at $95.37 per barrel, and West Texas Intermediate was changing hands

North Dakota’s elected officials are pushing hard to deploy Enhanced Oil Recovery (EOR) technologies to boost oil production in the Bakken before Donald Trump’s tenure as president expires. The Trump administration has significantly opened up federal lands and offshore waters for oil and gas drilling, rolling back Biden-era conservation rules to mandate more quarterly lease

South America has raised its oil exports more than the U.S. has done so far this year as key producers in the region boosted production and shipments to a world scrambling for crude that’s not dependent on the Strait of Hormuz. Over the past five years, South America’s biggest producer and exporter, Brazil, has started

The possibility of Iran developing a nuclear weapon is now higher than it was before the United States and Israel first attacked the country in February, the International Atomic Energy Agency has concluded in a report. The conclusion suggests the war has so far resulted in the opposite of what President Trump set out to

Brazil is undertaking a major biofuels experiment that could be majorly disruptive for the global energy landscape if it proves effective. The South American country is filthy rich in biomass, and is seeking to use ethanol in novel applications – in this case, to power the energy grid. A new ethanol-powered engine designed specifically to

The US has recently launched a new battery production line, which is expected to help researchers develop safer and cheaper energy storage technologies for the electric grid. The new line is housed at the Grid Storage Launchpad (GSL), a 93,000-square-foot research facility. It is run by the Department of Energy’s (DOE) Pacific Northwest National Laboratory