Gas plays a crucial role in the energy transition by replacing higher-carbon energy sources and as a partner to renewable energy.

The 1337 second-long plasma record came just a few weeks after China’s Experimental Advanced Superconducting Tokamak (EAST) set a previous world record by maintaining steady-state high-confinement plasma operation for 1066 seconds.

Brent rose 8 cents, or 0.12%, to $66.20 a barrel , WTI gained 9 cents, or 0.14%, to $62.36 a barrel.

Стороны обсудили энергетическое сотрудничество во всех отраслях топливно-энергетического комплекса. Ключевой темой встречи стали перспективы расширения поставок российских энергоресурсов в КНР. Были отмечены достигнутые результаты по поставкам природного газа из России в Китай.

Overall delivery of US LNG shipments in the first quarter of 2025 fell by 70%, according to Chinese official custom data released on Sunday.

However, the country reaffirmed its commitment to a €4bn subsidy package for producers of low-carbon hydrogen (compared to H2 from fossil fuels) to support the commercialisation and industrialisation of early-stage hydrogen projects and the development of necessary regulatory frameworks and infrastructure.

Brent slipped $1.10, or 1.6%, to $66.86 a barrel, WTI was at $63.57 a barrel, down $1.11, or 1.7%.

The potential for a ‘rebound’ or ‘return’ of Russian pipeline gas supplies to the European market has gained significant traction in the mainstream media

Japan faces substantial challenges in managing its energy trade deficit and high end-user costs while aggressively pursuing decarbonization targets amidst geopolitical tensions. There are significant concerns about Japan's ability to meet its emissions targets, casting doubts on its broader 2050 decarbonization plans.

ČEZ said the contract increased the diversification of suppliers and helped the energy security for the country.