We don't think it'll be long before nuclear power once again has a renaissance, as we've written about extensively. But for now, the world's largest nuclear power plant, the Kashiwazaki Kariwa Nuclear Power Plant in Japan, is sitting idle even as the world's energy needs continue to grow.  Bloomberg reported this week that the Kashiwazaki Kariwa Nuclear...

Algeria’s state-owned energy firm Sonatrach expects to sign in the coming days an agreement with Chevron that is set to boost the country’s natural gas production, Algerian Energy Minister Mohamed Arkab has said.  The deal with the U.S. supermajor will be signed “within the next few days,” Arkab told state television in an interview carried by Bloomberg....

BHP has abandoned its pursuit of Anglo American today after the London-listed firm refused to offload its South African iron ore business prior to a deal and declined to extend takeover talks. The news brings a close to a fractious bidding process in which BHP has failed to budge on the original terms of its bid, which required Anglo to carve-off its...

Germany will abolish from 2025 a controversial levy on natural gas storage which countries in central Europe have had to pay to get gas piped through Germany.    Countries in central Europe, including Austria, the Czech Republic, Hungary, and Slovakia are being charged by Germany with the so-called gas storage levy on exports of natural gas from Germany....

Crude oil inventories in the United States fell this week by 6.490 million barrels for the week ending May 17, according to The American Petroleum Institute (API).  For the week prior, the API reported a 2.48 million barrel hike in crude inventories. On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum...

Midstream companies are benefiting from the Permian gas problem. The Permian basin has been the driver of growth in shale output for a number of years now, adding about 4-mm BOPD and 18 BCFD of gas to its output. Other key shale oil basins - notably the Eagle Ford and the Bakken, have fallen off their 2014 highs for oil production. Today we are producing...