Strikes by North Sea oil workers could ‘severely disrupt’ UK fuel supplies
A threatened strike by over 160 North Sea oil workers could severely disrupt UK fuel supplies, Unite union warns, citing rejected pay offers from Apache.
Equinor Finds Up to 10.3 Million Barrels of Oil Equivalent at Gullfaks South
Equinor and partners discovered an estimated 3.3 to 10.3 million barrels of recoverable oil equivalent at Norway’s Gullfaks South field using an exploration sidetrack drilled alongside a production well.
UK Retailers Push to Cut Green Levies as Power Bills Top £440 Million
UK retailers are urging the government to reduce green policy levies on energy bills, warning that electricity costs will increase by £440 million this year.
Oil Prices Plunge as Trump Rules Out Iran Strikes Before Midterms
President Trump announced Thursday that the U.S. will not attack Iran before midterm elections in November, causing oil prices to decline despite remaining elevated for the day.
Data Centers Are Now Bankrolling Finland’s New Power Supply
Data centers are driving Finland’s power infrastructure investments, with Google’s 507-megawatt nuclear deal marking the country’s first power purchase agreement for baseload electricity supply.
Who Is Going to Pay for Alaska LNG?
South Korea faces pressure to finance Alaska LNG as part of tariff negotiations with the Trump administration, though the project’s massive costs and commercial challenges remain unresolved.