ENERGY

By Charles Kennedy of OilPrice.com

For the first time in its nearly three-decade history, Norway’s oil fund, the world’s largest sovereign wealth fund, has just exceeded the market value of 18 trillion Norwegian crowns, which equals $1.691 trillion as of (more…)

Via BFI Capital,

In the beginning of July, the Paul Scherrer Institute (PSI), Switzerland’s largest research institute for natural and engineering sciences, and Copenhagen Atomics, a Danish molten salt reactor developer, announced their large-scale experimental collaboration. The four-year agreement stands to put Europe in the pole position of the advanced nuclear technology field.

The Paul Scherrer Institute (PSI) and Copenhagen Atomics have now publicly announced their (more…)

Authored by Simon Watkins via OilPrice.com,

• Saudi Arabia aims to become a major gas exporter by 2030, as part of its 'Vision 2030' plan.

• Saudi Aramco announced over $25 billion in contracts for gas sector expansion.

• Despite these efforts, Saudi Arabia's projected gas output by 2030 may still fall short of covering its own power needs.

Saudi Arabia may be the third largest producer of crude oil in the world, after the U.S. and Russia, but (more…)