2022

The US and India have continually increased their trade in other sectors, so this has made partnering on energy very easy. Additionally, both countries are facing difficulties with keeping energy prices low, so they have had to look for new initiatives.

The AMAN project, located in the Dakhlet Nouadhibou and Inchiri regions of Mauritania, will include 18GW of wind capacity and 12GW of solar capacity.

As a first step toward enhancing cooperation under WECAN, the USA and Japan announced a partnership with Ghana to support Ghana's ambition of being a first mover in SMR deployment in Africa and establishing itself as an advanced nuclear technology hub.

U.S. Rig Count is down 3 from last week to 768, Canada Rig Count is up 2 from last week to 212.

Brent dropped $1.02, or 1.1%, to $95.94 a barrel, WTI were down $1.24, or 1.4%, at $87.84 a barrel.

Dutch front-month gas, Europe’s benchmark, rose 3.4% to €111 per megawatt-hour at 8:57 a.m. in Amsterdam, paring some of the weekly decline.

While US fuel now makes up 40% of Europe’s liquefied natural gas imports, it will only offset a fraction of the deficit from Russia next summer,

Lower Russian supplies sent European gas prices to all-time highs in late August though prices have come down sharply as storage sites across the EU were filled to close to capacity.

Concluding the plenary part, Maksim Malyarchuk, Executive Director of the Russian-Iraqi Business Council at the Chamber of Commerce and Industry of the Russian Federation, spoke about the activities of the Council and assistance to Russian and Iraqi companies in the new conditions.

NuScale and Prodigy have been collaborating since 2018 under a Memorandum of Understanding (MOU) aimed at bringing a competitive North American SMR marine facility to market – a product that can generate safe, affordable, and reliable electricity at grid-scale at any coastal location worldwide.