“The Framatome team continues to evolve our fuel solutions as part of our commitment to bringing advanced, economical technologies to the industry,” said Lionel Gaiffe, senior executive vice president, Fuel Business Unit at Framatome.

"Samsung C&T is delighted to invest in and explore global carbon-free power opportunities together with NuScale Power and Fluor Corporation, leading companies in the SMR nuclear business," Se Chul Oh, Samsung C&T’s Engineering & Construction Group president and CEO, said.

Reaching 50% renewables by the end of this decade would still remain well short of President Biden's call for 80% clean power by 2030 (assuming "clean" means "renewable" and does not include nuclear power or fossil fuels with carbon capture).

China aims for renewables to account for at least 50% of its installed capacity by 2050, and energy storage would allow the country to ensure stable operation of the electric grid system.

The HyDeploy project will deliver a blend of 20% hydrogen into the natural gas supply to Winlaton, Gateshead, supplying 668 houses, a school and several small businesses, for 10 months starting in August, Northern Gas Networks said in a statement.

Meanwhile, as the benefits of grid digitization have failed to live up to expectations, the associated security risks have been very real.

"In our oils-to-chemicals business, we generated strong earnings through our integrated portfolio and superior product placement capabilities," said Mukesh Ambani, chairman and managing director of Reliance Industries.

U.S. Rig Count is up 7 from last week to 491, Canada Rig Count is down 1 from last week to 149.

Brent were up 60 cents, or 0.8%, at $74.72 a barrel , WTI were up 69 cents, or 1%, at $73.63.

The spot and long-term LNG pricing dynamics have shifted dramatically from 2020 to 2021, with record lows to record highs recorded in a period of nine months.