As energy demands soar and global pressures mount, Belgium finds itself at a critical juncture in its approach to nuclear power, with the recent shutdown of the Tihange-1 nuclear power plant after 50 years of service symbolizing both an end and a potential new beginning. Located in Huy and operated
The U.S. oil industry is experiencing a remarkable resurgence, with production levels climbing to near-record heights that rival the sector's most prolific periods. Recent data from the Energy Information Administration reveals that weekly crude oil output has surpassed 13.5 million barrels per
The global oil market has recently witnessed a notable shift as Brent Crude prices slipped below the $70 per barrel mark, sparking concern among industry analysts and traders alike, who are closely monitoring the situation. This decline, observed in early trading sessions with Brent dropping by
Setting the Stage: Indonesia's Fuel Market Under Pressure Indonesia, an archipelago nation with a voracious appetite for fuel to sustain its sprawling economy, faces a critical challenge as private gas stations grapple with severe shortages. This crisis, driven by a surge in demand and eroding
What happens when a major oil refiner, processing 400,000 barrels daily, finds itself squeezed by international sanctions? Nayara Energy, an Indian company with significant Russian backing, stands at the heart of this high-stakes drama, caught in the crossfire of EU sanctions targeting Russian oil
In the intricate web of global trade, China's appetite for coking coal remains a pivotal force, shaping markets and influencing industrial output across continents. As the world's largest steel producer, China relies heavily on imported coking coal to fuel its blast furnaces, drawing significant