May 2022

Gazprom produced 193.8 billion cubic meters of gas from January 1 through May 15, 2022. This is a decrease of 3.7 per cent (or 7.5 billion cubic meters) versus the same period of 2021.

Russian scientific institutes will begin testing fuel rods for small modular reactors (SMRs),

China’s Shandong Provincial Energy Administration has called for proposals to build 10 fixed offshore solar PV power plants, with a combined capacity of 11.25 GW and set to be realised between 2022 and 2025.

Brent rose as high as $115.14, WTI slid 26 cents, or 0.2%, to $113.94.

The price of OPEC basket of thirteen crudes stood at $113.07 a barrel on Monday

Engie and Gazprom have agreed on a solution in line with both companies' expectations in terms of currencies and with European sanctions.

Japanese manufacturers that use thermal coal for their own power generation have more than a month's worth of stocks, but a few manufacturers have a high dependency on Russian supply, according to the documents.

Средняя цена на нефть Urals за период мониторинга с 15 апреля 2022 года по 14 мая 2022 года составила $73,24 за баррель, или $534,6 за тонну.

All this progress, however, could be derailed without a massive overhaul of America’s antiquated electric infrastructure – a task some industry experts say requires more than $2 trillion.

Due to the ongoing geopolitical crisis, the EU member states have set up a purchasing platform for gas, LNG and hydrogen. In this way, one wants to become more independent of Russian energy imports and react against the strong price fluctuations of natural gas.