Day: October 8, 2022

The UK launched its first oil and gas licensing round since 2019 on Friday, aiming to award more than 100 licenses to ramp up domestic oil and gas production and reduce dependence on foreign sources of fossil fuels. The North Sea Transition Authority (NSTA), the regulator responsible for handling and awarding exploration and production licenses, said on Friday that it “is inviting applications for licenses to explore and potentially develop 898 blocks and part-blocks in the North Sea which may lead to over 100 licenses being awarded.” According to the authority and…

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Russia is not ruling out the possibility of repairing the Nordstream gas pipelines, the Russian Embassy in Denmark said in a statement on its website on Friday. The Russian embassy criticized the efforts to investigate the pipelines following four explosions that took them offline—some say indefinitely—because the Russian side was excluded from the investigations. “The Danish side’s reluctance to involve Russia’s representatives in the ongoing investigation undermines its credibility. Limiting the circle of participating states, which are either already members of NATO, or on the way to this alliance, turns…

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France is considering increasing its capacity for uranium enrichment as the Western allies look to reduce their reliance on Russian nuclear power plant fuel. French state-held uranium conversion and enrichment specialist Orano SA is reviewing options to boost the capacity at its Georges Besse II plant to 11 million separative work units (SWU) from 7.5 million SWU now, a statement from France’s public debate committee says. SWU is the standard measure of the effort required to separate isotopes of uranium (U235 and U238) during an enrichment process in nuclear facilities.  France…

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