The Japan Atomic Energy Agency (JAEA), Mitsubishi Heavy Industries (MHI) and Mitsubishi FBR Systems (MFBR) yesterday signed a Memorandum of Understanding (MoU) with TerraPower of the USA to cooperate on the development of sodium-cooled fast reactors. TerraPower - founded by Bill Gates - is developing the Natrium sodium-cooled fast reactor.

U.S. Rig Count is up 6 from last week to 610 , Canada Rig Count is up 5 from last week to 217.

The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent.

U.S. commercial crude oil inventories increased by 2.4 million barrels from the previous week to 416.2 million barrels.

Today, the U.S. Department of Energy (DOE) approved seven additional exchanges of 13.4 million barrels of crude oil for release from the Strategic Petroleum Reserve (SPR).

In April 2021, the Estonian government formally approved the formation of a nuclear energy working group (NEPIO) tasked with analysing the possibility of introducing nuclear energy in Estonia.

The MoUs - signed in both Gdańsk and Westinghouse's office in Warsaw - include cooperation on the possible construction of six AP1000 plants for the Polish nuclear power plant programme.

Years of anti-fossil fuel policymaking have led to a growing portfolio of canceled natural gas pipeline projects, a trend that places US energy supply at risk,

Shipments of Russian crude to the US in 2021 averaged 202,000 b/d, the highest in 11 years. Most of these imports consist of Russian export grades, such as Urals, ESPO Blend and Varandey.

U.S. Rig Count is up 3 from last week to 604, Canada Rig Count is up 21 from last week to 212.