Alexander Korchagin, Atomstroyexport senior vice president for NPP construction project management, said the El Dabaa project - where construction formally began last month - is an attractive project for international companies. KHNP is joining a pool of qualified participants in the construction works, including major Egyptian companies, he added.

The station, as stated in the technical specification, must operate at temperatures from minus 60 to plus 40 degrees Celsius. The Automated Control and Management System (ACS) must ensure stable operation of the reactor or its shutdown without the participation of operational personnel.

Prime Minister Fumio Kishida has recently called for Japan to work to restart its idled nuclear power reactors and to look into an expansion of nuclear energy as the country tackles a crisis of tight power supply and demand.

U.S. Rig Count is up 3 from last week to 765 , Canada Rig Count is unchanged from last week at 201

Brent climbed 73 cents, or 0.73%, to $100.07 a barrel, WTI rose 78 cents, or 0.84%, to $92.93.

While some countries like Germany, where nearly half the homes rely on gas for heating, are more exposed than others, the European Union is seeking to band together.

UK households will pay almost triple the price to heat their homes this winter compared with a year ago, a jarring increase for millions of people already struggling to afford everyday essentials.

OPEC will earn about $842 billion in oil export revenue in 2022, the most inflation-adjusted net oil export revenue for the group since 2014, when they collectively earned nearly $992 billion.

In December, the Netherlands' new coalition government placed nuclear power at the heart of its climate and energy policy.

U.S. commercial crude oil inventories decreased by 3.3 million barrels to 421.7 million barrels.