The US and India have continually increased their trade in other sectors, so this has made partnering on energy very easy. Additionally, both countries are facing difficulties with keeping energy prices low, so they have had to look for new initiatives.

As a first step toward enhancing cooperation under WECAN, the USA and Japan announced a partnership with Ghana to support Ghana's ambition of being a first mover in SMR deployment in Africa and establishing itself as an advanced nuclear technology hub.

U.S. Rig Count is down 3 from last week to 768, Canada Rig Count is up 2 from last week to 212.

NuScale and Prodigy have been collaborating since 2018 under a Memorandum of Understanding (MOU) aimed at bringing a competitive North American SMR marine facility to market – a product that can generate safe, affordable, and reliable electricity at grid-scale at any coastal location worldwide.

U.S. commercial crude oil inventories increased by 2.6 million barrels to 439.9 million barrels.

In March 2021, scientists at DIII-D released a new concept for a compact fusion reactor design they said could help define the technology necessary for commercial fusion power.

U.S. Rig Count is up 2 from last week to 771, Canada Rig Count is down 6 from last week to 210.

The new agreement builds on the teaming agreement signed in November 2021 under which Hyundai E&C will perform the detailed design of the balance of plant and prepare the full plant construction specification for the SMR-160, which Holtec has been developing since 2010.

U.S. commercial crude oil inventories decreased by 1.7 million barrels to 437.4 million barrels.

U.S. Rig Count is up 7 from last week to 769, Canada Rig Count is up 1 from last week to 216.