In June 2022, SaskPower selected the BWRX-300 as the technology to be used in its SMR development work for potential deployment in the mid-2030s after considering several SMR technologies. The company said it had identified two areas in the province of Saskatchewan – Estevan and Elbow as possible sites.

Russia has delivered the first drop of liquefied natural gas (LNG) from its heavily sanctioned flagship project, Arctic LNG-2.

The US Treasury Department announced the steps Wednesday, including sanctions on Bellatrix Energy Ltd., a Hong Kong-based firm among the shadowy traders that emerged to help Russia keep its oil exports flowing.

Russia’s Novatek PJSC, which leads the Arctic LNG 2 project, sent force majeure notices to some of the facility’s buyers,

“The concept assumes that we do not sell power units as something separate. We sell the electricity that is generated using the floating units. For the customer, this means that it does not matter where and how the unit is built. The customer does not take part in its construction. The construction, fuel loading and subsequent operation of the station is provided by Rosatom,” Nikipelov said.

The recent visit of Russian President Vladimir Putin to Kazakhstan resulted in a raft of agreements covering a wide range of areas.

Russia is counting on a planned new pipeline to China as it seeks to make up for lost gas sales in Europe, but industry insiders see major political risks around a project that is overly dependent on one buyer and question whether it will justify the huge costs.

Economy Minister Bruno Le Maire faced a difficult decision between maintaining France as an attractive investment destination and maintaining sovereignty over strategic technology, but finally decided to veto the takeover.

Two more countries - Zimbabwe and Ethiopia - have signed agreements with Russia to cooperate on the peaceful use of nuclear technology on the sidelines of the Russia-Africa Economic and Humanitarian Forum, which has been taking place in St Petersburg.

Mitsui joined the Arctic LNG 2 project in 2019 via a subsidiary called Japan Arctic LNG, which secured substantial financial support from state-owned Japan Organization for Metals and Energy Security (JOGMEC) as part of wider Japanese efforts to ensure stable LNG supply and diversify import sources.

The Paks II project was launched in 2014 by an inter-governmental agreement between Hungary and Russia for two VVER-1200 reactors (units 5&6) to be supplied by Rosatom.

The Akkuyu plant, in the southern Mersin province, is Turkey's first. Rosatom is building four VVER-1200 reactors, under a so-called BOO (build-own-operate) model.

The SMR Alliance includes 11 government and public institutions, including the Ministry of Trade, Industry & Energy (MOTIE), Korea Hydro & Nuclear Power (KHNP) and the Korea Energy Economics Institute, as well as 31 companies, including GS Energy, SK Inc, Samsung C&T, Daewoo E&C and Doosan Enerability.

All the plant's fuel is being provided by Rosatom under a contract finalised in August 2019, and the final protocol required for delivery to go ahead was signed last month. All used fuel from the plant will be repatriated to Russia.

Under the terms of the deal announced on Friday, Eni will acquire Neptune for $2.6bn, while Vår Energi — Eni’s Norwegian listed subsidiary — will acquire the company’s operations in Norway for $2.3bn.