The Fear of $100 International Oil Prices from Iran... Decrease in Korean Exports and Increased Production Costs
International oil prices are projected to rise sharply due to U.S. and Israeli attacks on Iran, affecting South Korea's exports and production costs.
OPEC: Considering production increase above 137,000 barrels
OPEC+ is considering increasing production to over 137,000 barrels per day in light of recent developments in Iran.
Russia strikes Ukrainian gas production facility in Kharkiv Oblast
Russia launched an attack on a gas production facility owned by Naftogaz in Kharkiv Oblast, severely damaging equipment and prompting emergency responses.
Samsung is leaving due to high taxes and energy prices, as industrialists agree with Mikloลก
Samsung has announced it will cease TV production at its Galanta factory by May 2026, citing a global strategic shift and high labor costs as contributing factors.
The oil cartel may consider increasing production after the attack on Iran
OPEC+ is contemplating increasing oil production in response to rising geopolitical tensions following an attack on Iran by the US and Israel.
5 Facts about the Energy Sector in Iran
The article outlines key facts about Iran's energy sector, particularly amid escalating tensions involving military actions by the US and Israel.
Germany Blog: Reiche Wants to Expand Gas Production in Germany
German Economy Minister Katharina Reiche advocates for expanding domestic gas production to utilize the country's reserves amidst geopolitical challenges.
French Startup Wanted to Produce Nuclear Energy and Saw Its Dream Collapse in Six Years
The French nuclear startup Naarea, which aimed to revolutionize energy production with mini-reactors, is facing liquidation after facing severe financial challenges.
Pemex increases refining in 2025: 'Cooked' 1,136 thousand barrels daily of oil, 44.4% more than in 2024
Pemex reported a significant increase in oil refining, processing 1,136 thousand barrels daily in Q4 2025, a 44.4% rise compared to the same quarter in 2024.
Sheinbaum limits oil production in favor of energy transition: How many barrels per day will be produced?
Mexican President Claudia Sheinbaum announced that her government will limit oil production to 1.8 million barrels per day to promote a transition towards renewable energy sources.
V. Benkunskas: Green hydrogen production planned to start this autumn, with hydrogen-powered buses to be launched
This autumn, Vilnius plans to initiate green hydrogen production and launch hydrogen-powered public transport buses as part of its commitment to achieve zero CO2 emissions in its public transport and heating sectors by 2030.
African neighbors discuss major joint hydropower project
Officials from the Democratic Republic of the Congo and the Republic of Congo are advancing plans for a significant hydropower project aimed at boosting energy production in the region.
Eni Records Huge Profits and Accelerates Drilling
Eni reported higher-than-expected production and maintained profitability despite a slight drop in overall earnings, driven by significant performance in the fourth quarter and recent exploratory successes.
Gas instead of brown coal. Poles will pay for the new pillar of energy
Poland plans to transition its energy production from brown coal to gas by developing new gas blocks, which will significantly increase electricity costs for consumers.
Miguel Galuccio's oil company analyzes RIGI for Vaca Muerta and reduces its costs
Vista Energy is considering applying for the RIGI incentive regime to enhance exploration and production activities in Vaca Muerta, following recent governmental approvals.
Effect of Vaca Muerta: Vista invested over US$1300 million and increased production by 66%
Vista Energy, led by Miguel Galuccio, significantly boosted production in Vaca Muerta after investing over US$1300 million.
Report: Wind Power Eats Itself โ Receives Only Half of the Average Electricity Price
Wind power production in Finland faces challenges as it receives only half of the average electricity market price due to overbuilding in recent years.
Heat from miles underground to power 10,000 homes in UK renewable energy first
The UK's first deep geothermal electricity plant has begun operations in Cornwall, capable of powering 10,000 homes while also extracting lithium for battery production.
Art Installation Can Be Admired in One of Finland's Largest Wind Farms in Kalajoki
A new art installation has been unveiled in the Kalajoki Mutkalampi wind farm, showcasing local artistic talent and emphasizing the wind farm's energy production.
The great stake for oil in case of escalation between Iran and the USA
Increasing tensions between the US and Iran have led oil prices to a six-month high, with potential disruptions in Iranian oil production looming.
Moล, PSG: This is about economic security
Szymon Paweล Moล, president of PSG, emphasizes the importance of investing in local biogas production to enhance Poland's economic security.
Electricity is about to become very cheap
Electricity prices are set to drop significantly in Finland due to an anticipated increase in wind power production.
Are you suffering from shocking electricity bills? A major turning point is approaching
The article discusses a potential relief for consumers facing high electricity prices due to an increase in wind energy production as weather conditions improve in Finland.
Agreements - fuel for the Vertical Corridor in Washington - What are the next steps
New agreements on natural gas production and supply were signed in Washington, marking a significant step forward for the Vertical Corridor initiative in Central and Eastern Europe.
Mining Once Again Suffers Billion-Dollar Losses. Coal Sales at Record Low
Poland's mining industry continues to struggle, facing significant financial losses and declining coal production and sales.
Electricity price drops on Wednesday โ see prices quarter to quarter
On Wednesday, the price of spot electricity in Finland is set to decrease significantly due to an anticipated rise in wind power production in the afternoon.
Vaca Muerta drives a new oil record and already represents 68% of production
Vaca Muerta's oil production reached a record of 882,200 barrels daily in January, now accounting for 68% of Argentina's total output.
Quantum materials tear apart water molecules and produce hydrogen using only sunlight
Researchers have developed ultra-thin layered materials that can split water molecules using sunlight, offering a promising pathway for clean hydrogen production.
Coal production in the Czech Republic increased by two percent last year
Coal production in the Czech Republic saw a two percent increase last year compared to the previous year.
Despite planned reduction, coal mining increased last year to 25.6 million tons
Coal mining in the Czech Republic rose to 25.6 million tons last year, an increase of about two percent from the previous year, despite plans for a reduction in mining activities.
Government aims to increase oil production by 2,411 barrels per day through three fronts
The Ecuadorian government plans to boost national oil production by 2,411 barrels per day through exploration and production stabilization efforts.
The long cold spell has ended โ wind turbines return to production
Wind turbines in Lappeenranta, Finland, are back in operation as a low-pressure system brings breezy conditions, ending a prolonged period of low wind.
Could silver become the 'new oil' thanks to electric cars?
This article explores the potential rise of silver as a crucial material in electric vehicle batteries, drawing attention to a significant innovation by Samsung that utilizes silver carbonate in battery production.
TRUE SENSATION: No electric current โ liquid metal and light create hydrogen from water
Scientists from Sydney have developed a method of producing hydrogen fuel using liquid gallium that reacts with water under sunlight, potentially making hydrogen production accessible even from seawater.
Made of salt and iron: Swedish startup launches sodium battery production in Europe
Swedish startup Altris has introduced sodium-ion batteries made from salt and iron, which promise to be cheaper, safer, and more cold-resistant than lithium batteries.
From electric generation: China/Europe versus the US/rest of Asia? to DeepSeek and the disaster of Chinese industrial policy with chips
The article discusses the shifting dynamics in energy production between China, Europe, and the United States, highlighting China's recent achievements in renewable energy and the implications for global energy politics.
Chart of the Day: Our Pumped Storage Plants Operated the Most Last Year in the Last 20 Years
Slovakia's pumped storage plants recorded their highest operational level in 20 years due to the rise of green energy sources.
The probability of large discoveries is greatest in the Barents Sea
A recent report indicates that the probability of discovering significant oil and gas resources in the Barents Sea is the highest in Norwegian waters, where 54% of the resources remain underexplored.
Kenya: Gulf Energy Acquires Over Sh2bn Oil Rig for Lokichar Project
Gulf Energy has secured an onshore oil drilling rig worth over Sh2 billion for its Lokichar oil project, aiming for production before the year's end.
The largest solar energy production and storage hybrid project has started in Estonia
A significant solar energy and storage hybrid project has begun in Estonia, set to provide crucial energy services for the Baltic region.
Next-Generation Decentralized Power Grid for 'Local Production, Local Consumption' Fully Established This Year
The South Korean government is set to commence the full-scale implementation of a next-generation decentralized power grid to promote local energy production and consumption beginning this year.
In February, electricity bills may be even more expensive than in January - tell us how you are preparing for price spikes
Electricity bills in Finland are expected to rise further in February due to cold weather and low wind power production.
Hellenic Cables: New project for the BC-Wind offshore wind project in Poland
Hellenic Cables has secured a contract for the supply of submarine cables for the BC-Wind offshore wind project in Poland, which will significantly contribute to renewable energy production in the region.
Trump repeals rule that incentivizes the production of electric vehicles, for fuel savings
The Trump administration plans to repeal a regulation that incentivizes automakers to produce electric vehicles, arguing that it exaggerated energy savings and fuel economy.
The new energy scenario
Argentina is undergoing a transformation in its energy landscape, driven by increased gas and oil production from Vaca Muerta.
Polish electricity in 2025: the development of renewable energy, the decline of coal, and nuclear energy getting closer
Poland's energy transformation sees renewable energy reach nearly one-third of electricity production in 2025, marking a significant decline in coal dependency.
Japan's First Major Investment in the US: 52 Trillion Won in Industrial Diamonds, Power Generation, and Oil
Japan publicly revealed its first investment projects in the United States, which total $55 billion, aimed primarily at industrial diamonds, energy generation, and oil production.
The Man from Coal. What Each Year of Donald Trump's Presidency Says About US Policy Goals?
The article discusses Donald Trump's environmental policies, particularly his decision to withdraw the US from the Paris Agreement and his subsequent actions to increase fossil fuel production.
Industry: 4% Rally in Greek Production, But Also Two Brakes
The Greek industrial sector reports a significant 4% increase in production for December, although exports are declining and energy costs remain disproportionately high compared to European competitors.
Turning point in electricity's exorbitant prices
Finland is experiencing record-high electricity prices due to a combination of cold weather and low wind energy production, leading to significant energy consumption.