The eastern Chinese coastal province of Zhejiang has approved the construction of a new 7 billion yuan ($1.10 billion) coal-fired power plant with 2 gigawatts (GW) of generating capacity

Brent was down 73 cents, or 0.8%, at $91.96 a barrel, WTI fell 52 cents, or 0.6%, at $90.80.

European Commission Vice President Josep Borrell said Russia was using Europe's reliance on its energy exports for "geopolitical gain in the middle of a surge of energy prices worldwide."

She did acknowledge, however, that Gazprom was fulfilling its contracts, "but only at the bottom end of its commitments."

During the visit of the delegation headed by the President of the Russian Federation Vladimir Putin to Beijing (PRC), negotiations were held between PJSC Rosneft Oil Company and China National Petroleum Corporation (CNPC) and the Agreement was signed on the supply of 100 million tons of oil to China through Kazakhstan for 10 years.

The UK HPR1000 is the Hualong One design that General Nuclear Services (GNS) - a subsidiary of EDF and China General Nuclear (CGN) - proposes to use at a prospective new nuclear power plant in Bradwell, England.

In September last year, the South African cabinet approved the construction of the MPR to replace the 20 MWt Safari-1, which is scheduled to retire in 2030.

All clean electricity options were favoured in Estonia, according to the poll. A total of 57% of people expressed support for wind, and 50% for solar energy, whereas only 10% supported natural gas.

RES has acquired Blueshore, an asset management business with 1.6 GW of renewable projects under management in Australia.

Brent was down 2 cents at $93.25 a barrel, WTI fell 47 cents, or 0.5%, to $91.84 a barrel.