Risks over existing gas supplies from Russia will continue through the coming months, with just one pipeline route open to the biggest European customers.

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary. H. L. Mencken

France plans to build 6 new next-generation EPRs (European Pressured Reactors II) and to launch studies for the construction of 8 additional EPRs as well as SMRs (Small Modular Reactors) to have 25 GW of new nuclear capacity by 2050.

"Including nuclear in the investment tax credit for clean energy technologies is a major step forward for the industry and great news for our climate and economy," said John Gorman, President and CEO of the Canadian Nuclear Association (CNA).

Таким образом, совокупный объем средств дополнительных нефтегазовых доходов составляет +275,2 млрд руб.

The Worldwide Rig Count for October was 1,893, up 40 from the 1,853 counted in September 2022,and up 389 from the 1,504 counted in October 2021.

U.S. Rig Count is up 2 from last week to 770, Canada Rig Count is down 3 from last week to 209.

Brent dropped 85 cents, or 0.9%, to $95.30 a barrel, WTI fell $1.01, or 1.1%, to $88.99.

Currently, the most expensive form of generation -- gas -- sets the price for all electricity that’s sold into the market. That means consumers are bearing the brunt of Russia’s supply cuts to the continent. It also means Europe isn’t feeling much of the benefit of low-cost renewables like wind farms, which get to sell at big margins.

Additional domestic gas production from a bigger reserve base in the Black Sea may allow Turkey to reverse some of the recent electricity and gas price hikes.