August 2022

Brent climbed 89 cents, or 0.9%, to $100.20 a barrel, WTI jumped 82 cents, or 0.9%, to $92.46 a barrel

Asked if there are guarantees that Gazprom will restart gas flows via Nord Stream 1, the Kremlin's Peskov said: "There are guarantees that, apart from technological problems caused by sanctions, nothing hinders the supplies."

A three-day halt of the Nord Stream pipeline -- a key source of natural gas for the European Union -- starts on Wednesday, and concerns are widespread that Moscow will find another excuse to clamp down on supplies, putting the region at the mercy of the weather.

Tokyo Gas and Japan's largest power generation company JERA said previously that they have signed new LNG supply agreements on the same terms as previous agreements. Sources said that new contracts were required due to the change of operator.

Energy buyers in Europe have been eagerly anticipating production from Eni SpA’s project in Mozambique’s northern waters to help ease the global gas shortage ahead of the crucial winter heating season.

Under the blueprint for the country’s electricity supply through 2036, South Korea plans to produce 201.7 TWh of electricity thanks to nuclear power by 2030.

In July 2019, Fermi Energia announced it would conduct a feasibility study on the deployment of SMRs in Estonia.

Brent dropped 56 cents, or 0.5%, to $104.53 a barrel, WTI was at $96.86 a barrel, down 14 cents,

West Texas Intermediate was steady near $97 a barrel after jumping 4.2% in the week’s opening session amid concerns about the potential for supply interruptions in Libya

European natural gas prices on Monday plunged the most since March after Germany said its gas stores are filling up faster than planned.