Stanley Reed
Posts
U.S. moves toward supplying Romania with a new style of nuclear plant.
The proposed deal, for a smaller and cheaper kind of nuclear plant, built by an American firm, could start a race to export small reactors.
Russia and Energy Security Are Urgent Issues at Davos
The invasion of Ukraine is an “epochal moment” that will end Russia’s status as an energy superpower — and increase risks for other nations, says...
Omens of Decline for Russia’s Once World-Leading Energy Industry
Sanctions have grounded Russia’s ambitious plans to build its liquefied natural gas capacity. Analysts say it’s a sign of problems ahead.
Saudi Aramco cashes in on rising oil prices as profit jumps 80 percent.
The national oil company of Saudi Arabia said quarterly income reached nearly $40 billion, reflecting volatile energy markets.
Ukraine Says It Will Stop Transporting Some Russian Gas
The operator of Ukraine’s natural gas grid said Russian troops were endangering the pipeline system’s “stability and safety.”
OPEC and Allies Promise a Modest Increase in Oil, Yet Again
OPEC Plus announced to increase output even as its member nations are bumping up against their ability to pump more.
Shell reports a record $9.1 billion profit.
Rising energy prices, along with cost cutting, helped secure the soaring result at Europe’s largest energy company.
BP Writes Off $25.5 Billion After Russia Pullout, but Profits Soar
The energy company said that quarterly profit more than doubled from a year ago.
Weaker Oil Demand, Especially in China, Might Ease Supply Crunch
The International Energy Agency foresees slower growth in demand for oil, caused by high prices and economic slowdowns.
How the Recoil From Russian Gas Is Scrambling World Markets
Europe wants 50 billion cubic meters of additional natural gas, but supplies are tight. Prices will rise and other regions might have to do with...