Author: bitcointalk

By Tsvetana Paraskova of OilPrice.com

Saudi Arabia is considering a bid from a Chinese state firm to build a nuclear power plant, which could give the Kingdom leverage in possible talks for U.S. assistance for establishing a civil nuclear industry, The Wall Street Journal reported on Friday, quoting Saudi officials with knowledge of the matter.

Saudi Arabia has been actively seeking help with expertise in nuclear energy to develop its own civil nuclear generation capacity. The (more…)

Authored by Tom Ozimek via The Epoch Times (emphasis ours),

The Biden administration has blocked off millions of acres of federal waters from a planned oil and gas lease sale (more…)

Authored by Tsvetana Paraskova via OilPrice.com,

Ithaca Energy, one of the largest oil and gas producers in the UK, has reduced investments and is deferring some projects this year and next, due to the burden of the windfall tax Britain has levied on the industry.

The windfall tax, the so-called Energy Profits Levy, has prompted many companies operating offshore the UK to cut investments and review projects.

After the UK raised the windfall tax to 35% at the end of last (more…)