News
2026, April, 17, 08:00:00
OIL PRICE: BRENT NEAR $98, WTI ABOVE $93
Brent declined by $1.34, or 1.35%, to $98.05 a barrel, WTI fell $1.65, or 1.74%, to $93.40 a barrel.
2026, April, 17, 07:55:00
GLOBAL ECONOMIC DOWNTURN WARNING
The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severely damaged.
2026, April, 17, 07:50:00
INDIA NEED LPG
India has above-ground and underground storage for LPG, owned by oil marketing and refining companies.
2026, April, 17, 07:45:00
CHINA'S CLEAN ENERGY LEADERSHIP
Now Chinese industry giants like vehicle-maker BYD and battery-producer CATL are well-positioned to capitalize on growing interest in low-emissions energy products as the world confronts the fragility of fossil fuels.
2026, April, 17, 07:40:00
NATURAL GAS SCHEMATICS
On the onset of NaturalGas pricing for the week at $2.60/MMBtu depicting an 18-month low,clarity is emerging that it's becoming a stranded asset with a workforce attached to it.
2026, April, 17, 07:35:00
RUSSIAN INNOVATIVE NUCLEAR FUEL
Rosatom’s first uranium-plutonium fuel for VVER reactors was REMIX fuel – its pilot operation was successfully completed at the Balakovo in March.
2026, April, 17, 07:30:00
SMR NUCLEAR FOR BRITAIN
Rolls-Royce SMR was selected as the UK government's preferred technology for the country's first small modular reactor (SMR) project in June last year, and GBP2.6 billion was allocated in the 2025 Spending Review to enable this contract and wider programme delivery.
2026, April, 17, 07:25:00
AUSTRALIA'S GREEN HYDROGEN PROJECT 6 GW
Developed by Danish investment fund Copenhagen Infrastructure Partners (CIP), the Murchison facility will consist of up to 6 GW of solar and onshore wind capacity coupled with a 600 MW/1,200 MWh BESS to power 3 GW of electrolysers near the city of Kalbarri (north of Perth, Western Australia).
2026, April, 17, 07:20:00
RUSSIAN LUNAR NUCLEAR PLAN
Rosatom is already developing the lunar NPP. A prototype of the system, called “Selena”, will be ready by 2032, the President of the Kurchatov Institute, Mikhail Kovalchuk, told a scientific conference at the Space Research Institute of the Russian Academy of Sciences.
2026, April, 3, 08:00:00
OIL PRICE: WTI ABOVE $111
The contract hit a session high of $113.97 a barrel on Thursday before settling at $111.42 a barrel.
2026, April, 3, 07:55:00
NO SANCTIONS FOR RUSSIAN OIL
Russia will not supply oil to the countries that maintain a price ceiling, according to the Russian Deputy Foreign Minister, Andrey Rudenko.
2026, April, 3, 07:50:00
RUSSIAN OIL FOR ASIA
Russia has emerged as one of the beneficiaries of the war, with the conflict lifting crude prices and Washington easing long-standing curbs on its exports.
2026, April, 3, 07:45:00
EUROPEAN GAS MARKET FRAGILITY
Qatar, the world's second-largest LNG exporter after the US, shipped 82.44 million metric tons of LNG in 2025, with 8.9% of this total directed towards European terminals
2026, April, 3, 07:40:00
EUROPEAN DIESEL SHOCK
That’s the price of the region’s benchmark diesel futures, known as ICE Gasoil, which rose as high as $1,509.50 a ton earlier today, the equivalent of $202.3 a barrel.
2026, April, 3, 07:35:00
INDIA'S ENERGY TRANSITION INVESTMENT UP
India’s latest climate plan, required under terms of the Paris Agreement, has been criticized by advocates of faster action as lacking in ambition.