April 2022

The Memorandum of Understanding is to manufacture and sell turnkey power plants combining Samsung Heavy Industry’s ship-building expertise and the Danish company’s Compact Molten Salt Reactor (CMSR).

The Chinese oil group CNOOC is seeking to raise CNY28.1bn (US$4.4bn) in a share listing in Shanghai (China), offering CNY10.8/share (US$1.7/share).

For the first quarter 2022 results, the post-tax impact from impairment of non-current assets and additional charges (e.g. write-downs of receivable, expected credit losses, and onerous contracts) relating to Russia activities are expected to be $4 to $5 billion.

Kyrgyzstan has 4.4 GW of installed capacity, with 3.7 GW of hydro (end-2020).

Brent was down $2.08, or 2%, at $100.70 a barrel, WTI lost $2.19, or 2.2%, to $96.07.

The price of OPEC basket of thirteen crudes stood at $100.12 a barrel

The German year-ahead baseload traded as high as Eur197.75/MWh, a new high for the 2023 contract, while year-ahead coal into Europe traded at $230/mt, EEX and ICE exchange data showed.

Россия как была одним из основных игроков на мировом энергетическом рынке, так им и останется, независимо давления и санкций.

Vladimir Putin likely sees the global energy shortage and lack of energy security as an opportunity to advance Russia’s interests in Ukraine, knowing that Europe has no other choice than to buy their petroleum.

A viable renewable energy backstop to oil & gas production does not now exist to guarantee Americans cost-effective, reliable, and 24/7 energy availability