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At the Singapore International Energy Week, experts are emphasizing the need for an increased rate of nuclear power reactor construction worldwide to meet net-zero emissions goals by 2050.
The European Commission is investigating a gas supply deal between Bulgaria and Turkey for potential antitrust violations, raising concerns over its profitability and impact on Bulgaria's energy interests.
Chinese digital yuan has been used in its first cross-border oil deal for 1 million barrels on the Shanghai Petroleum and Natural Gas Exchange (SHPGX) from PetroChina International Corp Ltd.
The U.S. Department of Energy has said that it wants to buy 6 million barrels of crude oil for the SPR when oil prices hit $79.
Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc.