Rosatom has said that an audit by Paks II and the Hungarian Atomic Energy Authority has certified that its machine-building division meets the requirements for the supply of nuclear steam generator equipment for the Paks II project.Rosatom said that the issued document following the “routine supervisory audit” means “the company can supply nuclear power plant...
Category: International
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ExxonMobil signs Majnoon oil field deal, marking return to Iraq
ExxonMobil signed agreements that lay the groundwork for it to explore Iraq’s giant Majnoon oil field, ending the company’s near two-year hiatus in the country.The Texas oil major has signed heads of agreements with Basra Oil Co. and SOMO, Iraq’s oil marketing company, the nation’s Prime Minister Mohammed Shia Al-Sudani said Wednesday. Goal include developing...
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RUSSIA AND ETHIOPIA SIGN ACTION PLAN ON NUCLEAR POWER PROJECT
Russia and Ethiopia on Thursday signed a document which calls for the planning and construction of a nuclear power plant in the east African country. An action plan on development and construction of the facility was signed during a nuclear power forum by the Director General of Rosatom, Aleksei Likhachev, and Ashebir Balcha, CEO of...
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WORLD ATOMIC WEEK OFFICIALLY OPENS IN MOSCOW, RUSSIA
The Director General of Russia’s state atomic energy corporation ROSATOM Alexey Likhachev, has emphasized Russia’s commitment for the development of partnership relations within the BRICS communities and an extensive youth program as key strategies to promote nuclear energy globally. Russia’s state atomic energy corporation, Rosatom, is spearheading efforts for the adoption of nuclear power as...
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Ukrainian drones stage new attack on major Russian petrochemical complex
MOSCOW, Sept 24 (Reuters) – Ukrainian drones attacked one of Russia’s largest petrochemical complexes, Salavat in the southern Bashkortostan region, for the second time in less than a week, the local governor said, and two sources said a major unit caught fire.Ukraine has attacked more than 10 Russian refineries and export terminals over the past...
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Ghana Participates in Global Nuclear Energy Conference in Paris
The Deputy Minister for Energy and Green Transition, Hon. Richard Gyan-Mensah (MP), has represented Ghana at the 2025 Roadmaps to New Nuclear Ministerial Conference in Paris, France. The high-level conference convened energy ministers, policymakers, and experts from across the world to deliberate on the role of nuclear energy in advancing the global transition to clean...
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Exxon doubles down on oil, gas, and LNG through 2050
(Bloomberg) – ExxonMobil will pursue fossil fuel growth long into the future to meet demand it says will “not materially change” between now and 2050. The Texas oil major is not concerned with “chasing the narrative of the week” but will invest in oil and gas projects that it believes will be needed for decades...
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Global oil and gas fields shrinking output, IEA urges investment now
The average rate at which oil and gas fields’ output declines over time has significantly accelerated globally, largely due to higher reliance on shale and deep offshore resources, meaning that companies must work much harder than before just to maintain production at today’s levels, according to a new IEA report. The international conversation over the...
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TotalEnergies secures four offshore exploration blocks in Liberia licensing round
TotalEnergies has signed four Production Sharing Contracts (PSC) for the LB-6, LB-11, LB-17 and LB-29 Exploration blocks offshore Liberia, which were awarded following the 2024 Direct Negotiation Licensing Round organized by the Liberia Petroleum Regulatory Agency.The blocks LB-6, LB-11, LB-17 and LB-29, covering an area of approximately 12,700 square kilometers, are located in the south...