Sri Lanka's 2020 production of 15.6 TWh of electricity was dominated by fossil fuels, which accounted for some 10 TWh, and hydro (5 TWh) alongside some wind and solar,

Brent rose 11 cents, or 0.1%, to $82.56 a barrel, WTI rose 14 cents, or 0.2%, to $77.91.

The world oil demand growth forecast for 2023 is revised up marginally from the previous month’s assessment to 2.5 mb/d.

The agreement was signed by US Secretary of State Antony Blinken and Philippine Department of Energy Secretary Raphael Lotilla on the sidelines of the 30th Asia-Pacific Economic Cooperation Leaders' Summit in San Francisco. The signing was witnessed by Philippine President Ferdinand Marcos.

The agreement also said necessary regulations should be developed to create the conditions for the construction and operation of small modular reactors (SMRs) in Sweden. In addition, the permitting process for nuclear power plants must be shortened.

Blockchain's ability to enable peer-to-peer (P2P) transactions and operate a decentralized marketplace can facilitate consumers to be the producers of energy.

Brent were up 10 cents, or 0.1%, at $77.52 a barrel, WTI was nearly flat at $72.95.

Oil ministry officials said India diversified its sources to import crude from as many as 39 nations and hoped the return of OPEC member Venezuela would add to the country's list of steady suppliers.

The recent visit of Russian President Vladimir Putin to Kazakhstan resulted in a raft of agreements covering a wide range of areas.

The Commission set up a European SMR pre-Partnership in June with the overall objective of identifying enabling conditions and constraints, including financial ones, towards safe design, construction and operation of SMRs in Europe in the next decade and beyond in compliance with the EU legislative framework in general and to the Euratom legislative framework in particular.

Global oil demand is now projected to rise by 2.4 million b/d in 2023 to 102 million b/d, but growth will decelerate to 930,000 b/d in 2024,

The new partnership builds on a long history of collaborative efforts in fusion energy research and development, supported predominantly in the US through the DOE Office of Science’s Fusion Energy Sciences programme and in the UK through the UK Atomic Energy Authority (UKAEA).

Many oil and gas, drilling, and extraction operations take place in remote locations, and in many cases, it is not possible for these processes to be fuelled by electricity from the grid. It is here that microreactors (MRs) or small modular reactors (SMRs) could provide a low carbon alternative.

Oxymoron: (Merriam-Webster) : a combination of contradictory or incongruous words (such as cruel kindness) broadly : something (such as a concept) that is made up of contradictory or incongruous elements

A total of $3.5 billion will flow to 58 projects selected in 44 different states for funding. All the named projects are designed to make energy infrastructure climate-proof. Anticipated results include expanding clean energy suppliers, microgrid investments, and significantly increasing gigawatts of renewable energy capacity.