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Japan to Keep Nuclear, Boost Renewables in its Energy Mix, New Industry Minister Says

CDN and International News, Conventional Energy, Latest, Nuclear, Renewable Energy, Solar, Wind / By

Summary New PM Ishiba waters down tone against nuclear power in Japan Japan to continue with nuclear power plant restarts, new METI minister Muto says Japan to use renewable energy to its maximum, METI minister says (Reuters) – Japan plans to continue safely restarting nuclear power plants and will use as much renewable energy as …

Japan to Keep Nuclear, Boost Renewables in its Energy Mix, New Industry Minister Says Read More »

Kremlin Says it Cannot Confirm Report on Planned NationaliZation of Energy Companies

CDN and International News, Conventional Energy, Latest, Natural Gas, Oil / By

(Reuters) – The Kremlin said on Wednesday it could not confirm a report that Russia’s energy minister had put forward a proposal to nationalize the energy sector. Russian authorities have repeatedly said they have no plans to de-privatize large companies, including oil and gas producers. On Tuesday, a Telegram channel called EJ, citing unnamed sources, …

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Hydrogen Project Investments are Accelerating but Uncertainty Remains, IEA Says

CDN and International News, Energy Topics & Technology, Hydrogen, Latest / By

(Reuters) – Final investment decisions for hydrogen projects have doubled over the last 12 months, dominated by China, but installed capacity and demand are low as the industry faces uncertainty, the International Energy Agency (IEA) said in a report on Wednesday. The investment decisions represent a five-fold increase of current low-emission hydrogen production by 2030, …

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OPEC+ Doing ‘Noble’ Job of Balancing Oil Market, Says UAE

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, OPEC / By

Summary Minister makes comments hours before OPEC+ committee meets Says many moving factors in short term including geopolitics Comments echo those of Russia’s Novak on Monday Says OPEC+ sacrificed more than other producers (Reuters) – United Arab Emirates Energy Minister Suhail al-Mazrouei said on Wednesday OPEC+ was doing a noble job of balancing the oil …

OPEC+ Doing ‘Noble’ Job of Balancing Oil Market, Says UAE Read More »

OPEC+ Set to Keep Output Policy Unchanged at Panel Meeting

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, OPEC / By

Summary OPEC+ joint ministerial monitoring committee meets on Wednesday Unlikely to change production agreement, two sources say Compliance with cuts by Iraq and Kazakhstan under scrutiny (Reuters) – An OPEC+ ministerial panel scheduled to meet on Wednesday is unlikely to recommend any changes to policy, allowing the group to start gradually increasing production from December, …

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Russia Seeks to Counter West’s Climate Agenda with Gas, Nuclear Power

CDN and International News, Conventional Energy, Latest, Natural Gas, Nuclear / By

(Reuters) – Russia will pursue its own climate-related goals and put forward proposals on tackling global warming as an alternative to the agenda promoted by the West, Deputy Energy Minister Pavel Sorokin said on Friday. His comments could be a precursor for potential clashes at the COP29 U.N. climate summit, which is due to take …

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Russia Ready to Take Nord Stream Blasts Issue to Court

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Natural Gas, Oil, Pipelines / By

By Reuters MOSCOW, Sept 28 (Reuters) – Russia is ready to take the case of the Nord Stream pipeline explosions to court if the West fails to investigate the matter, its foreign ministry said on Saturday. The multi-billion dollar Nord Stream 1 and 2 pipelines transporting gas under the Baltic Sea were ruptured by a series …

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Why Europe Can’t Give Up Russian Gas Despite Sanctions Over Ukraine

CDN and International News, Conventional Energy, Latest, Natural Gas / By

Three years ago, Russia was the world’s biggest exporter of natural gas and Europe was its top customer. For the continent’s leaders, access to all that cheap Russian energy outweighed any misgivings over doing business with President Vladimir Putin. Then Russia launched its full-scale invasion of Ukraine, and this overwhelming reliance on a single supplier suddenly …

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Mexico’s Pemex Posts Drop in Oil Production as Lopez Obrador Exits

CDN and International News, Conventional Energy, Latest, Oil / By

By Ana Isabel Martinez Summary Pemex’s crude output fell by 6% in August compared with last year Gasoline and diesel imports remain high despite increased local production Olmeca refinery’s output far below targets set by CEO Octavio Romero Nationalistic president’s push to strengthen Pemex falters MEXICO CITY, Sept 27 (Reuters) – Crude output by Pemex (PEMX.UL) …

Mexico’s Pemex Posts Drop in Oil Production as Lopez Obrador Exits Read More »

OPEC+ Set to go Ahead with December Oil Output Hike, Sources Say

CDN and International News, Conventional Energy, Energy Topics & Technology, Latest, Oil, OPEC / By

Summary Riyadh unwilling to continue ceding market share, FT says OPEC+ sources say group focused on compliance not market share Russia says no changes to OPEC+ plans on phasing out oil cuts OPEC+ panel meets on Oct. 2 (Reuters) – The Organization of the Petroleum Exporting Countries and its allies will go ahead with a …

OPEC+ Set to go Ahead with December Oil Output Hike, Sources Say Read More »

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