April 2025

Brent gained 43 cents to $66.98 a barrel, WTI rose 42 cents to $63.21 a barrel.

India’s imports of Russian crude are on track to hit 2.15 million barrels a day in April, the biggest monthly volume since May 2023, according to data from Kpler. Shipments have climbed since tumbling to a 14-month low in February.

The ministry envisages in its baseline scenario of economic forecasts for 2025 that the average price for Brent will be at $68 per barrel, down from the $81.7 per barrel it assumed in its September forecasts,

Renewable hydrogen is also part of a broader plan and series of directives aiming at increasing the share of renewable energies in EU’s energy consumption.

Our projections indicate significant uncertainty in societal cost estimates for 2050, ranging from approximately €236/tCO₂ to €3,938/tCO₂. Consequently, direct comparisons with marginal abatement costs become difficult; for instance, even the relatively lower MAC of €1,944/tCO₂e in the “Linear Path to Net Zero” scenario aligns with societal costs only under particular discount rates and growth assumptions.

Gas plays a crucial role in the energy transition by replacing higher-carbon energy sources and as a partner to renewable energy.

The 1337 second-long plasma record came just a few weeks after China’s Experimental Advanced Superconducting Tokamak (EAST) set a previous world record by maintaining steady-state high-confinement plasma operation for 1066 seconds.

Brent rose 8 cents, or 0.12%, to $66.20 a barrel , WTI gained 9 cents, or 0.14%, to $62.36 a barrel.

Стороны обсудили энергетическое сотрудничество во всех отраслях топливно-энергетического комплекса. Ключевой темой встречи стали перспективы расширения поставок российских энергоресурсов в КНР. Были отмечены достигнутые результаты по поставкам природного газа из России в Китай.

Overall delivery of US LNG shipments in the first quarter of 2025 fell by 70%, according to Chinese official custom data released on Sunday.