March 2023

Brent were down 19 cents, or -0.24%, at $79.08 a barrel, WTI fell by 1 cent, or -0.01%, to $74.36.

Both sides expressed satisfaction with the positive dynamic of trade and economic relations, the successful implementation of joint strategic power engineering projects, including gas supplies, and the construction of the Akkuyu Nuclear Power Plant in Türkiye.

"Венгрия остаётся, по сути, единственной из стран Евросоюза, твёрдо отстаивающей свои национальные интересы, включая суверенную позицию в диалоге с Москвой", – отметил Александр Новак.

Canada and the USA will “coordinate efforts to develop secure and reliable North American nuclear fuel supply chains and build broader partnerships with longstanding allies and partners, both of which will help to ensure access to low enriched uranium, including High-Assay Low Enriched Uranium”.

The EU says its sanctions are meant to cut Moscow revenues and access to technology used in war.

A cumulative USD 150 trillion is required to realise the 1.5°C target by 2050, averaging over USD 5 trillion in annual terms.

Europe’s appetite for new LNG projects is pushing the continent to boost its import capacity by one-third, but the mismatch between future LNG demand and import facilities might result in 200-250 billion cubic metres (bcm) of unused capacity by 2030.

The stricter guidelines come as the outlook darkens for limiting global temperature increases to around 1.5C, with a lack of financing for greener projects a key hurdle.

Two camps, one led by Germany and the other by France, are fighting it out, each with a blocking minority on a specific point: Should low-carbon hydrogen be taken into account when measuring the efforts of member states to reach the target of 45% of renewables in their energy mix by 2030?

The key is reliable and independent data flows and communications between smart meters and the whole interconnected world of the smart electric utility of the future.