Global primary energy demand is forecast to continue growing in the medium- and long-term, increasing by a significant 23% in the period to 2045. The world needs to annually add on average 2.7 million barrels of oil equivalent a day to 2045.

Europe’s gas storage sites are nearly 95% full, providing a buffer for when the weather turns colder. Reserves in the biggest gas consumer, Germany, have risen to 99%, according to Gas Infrastructure Europe.

Средняя цена на нефть марки Urals в январе-октябре 2022 года сложилась в размере $79,57 за баррель, в январе-октябре 2021 года – $67,51 за баррель.

In July last year, Westinghouse announced the launch of front-end engineering and design work - based on AP1000 technology - under a grant from the US Trade and Development Agency to progress the nuclear energy programme in Poland.

Poland's Minister of State Assets and Deputy Prime Minister Jacek Sasin and South Korea's Minister of Trade, Industry and Energy Lee Chang-yang also signed a memorandum of understanding "to support the nuclear energy project in Patnow and tighten cooperation in the scope of necessary information exchange".

Romania has ongoing programmes to upgrade its existing Candu reactors at Cernavoda NPP, as well as to construct two new units and to develop small modular reactors (SMRs).

In the third tender Germany seeks innovation proposals with a combined capacity of 397.2 MW and a price cap of about €7c/kWh.

Aramco announces third quarter 2022 results Q3 net income rises 39% YoY to $42.4 billion; free cash flow increases to a record $45.0 billion

The selected projects, led by universities, national laboratories, and the private sector aim to develop commercially scalable technologies that will enable greater domestic supplies of copper, nickel, lithium, cobalt, rare earth elements, and other critical elements.

Brent dropped $1.02, or 1.1%, to $95.94 a barrel, WTI were down $1.24, or 1.4%, at $87.84 a barrel.