May 2022

Harmonisation is an innovative approach which, if successful, can support both newcomer and mature nuclear nations. Global nuclear regulators, World Nuclear Association's CORDEL, IAEA and WENRA must work together to ensure that harmonised SMR deployment is conducted safely and efficiently.

The nuclear power plant - the largest in Europe - is still being operated by its Ukrainian staff, but has been under the control of Russian military forces since the start of March.

In July 2021, the Brazilian president signed into law the basic text of a bill allowing the privatisation of Eletrobras, following approvals of the text by the Chamber of Deputies in May 2021 and the Senate in June 2021.

Tunisia will launch international tenders in June 2022 in order to build 2 GW of renewable power capacity on its territory.

U.S. Rig Count is is down 1 from last week to 727, Canada Rig Count is up 15 from last week to 103.

Brent was up 58 cents, or 0.5%, at $117.98 , WTI rose 27 cents, or 0.2%, at $114.36 a barrel.

The price of OPEC basket of thirteen crudes stood at $116.50 a barrel on Thursday

Europe is importing record volumes of liquefied natural gas (LNG) as gas from its top supplier Russia has been disrupted following the Ukraine crisis.

A record volume of Russian oil is on board tankers, with unprecedented amounts heading to India and China as other nations restrict imports because of the war in Ukraine.

China has emerged as a willing buyer of Russian oil as others shun the OPEC+ producer’s energy due to the war in Ukraine.