April 2025

However, the country reaffirmed its commitment to a €4bn subsidy package for producers of low-carbon hydrogen (compared to H2 from fossil fuels) to support the commercialisation and industrialisation of early-stage hydrogen projects and the development of necessary regulatory frameworks and infrastructure.

Brent slipped $1.10, or 1.6%, to $66.86 a barrel, WTI was at $63.57 a barrel, down $1.11, or 1.7%.

The potential for a ‘rebound’ or ‘return’ of Russian pipeline gas supplies to the European market has gained significant traction in the mainstream media

Japan faces substantial challenges in managing its energy trade deficit and high end-user costs while aggressively pursuing decarbonization targets amidst geopolitical tensions. There are significant concerns about Japan's ability to meet its emissions targets, casting doubts on its broader 2050 decarbonization plans.

ČEZ said the contract increased the diversification of suppliers and helped the energy security for the country.

The potential for a ‘rebound’ or ‘return’ of Russian pipeline gas supplies to the European market has gained significant traction in the mainstream media

The Vietnamese Government has approved Vietnam’s revised National Electricity Development Plan for the 2021-2030 period, with a vision to 2050 (PDP8), which now integrates the development of nuclear energy.

By 2050, Vietnam is targeting as much as 230 gigawatts of wind and 296 gigawatts of solar.

The Indonesian Ministry of Energy and Mineral Resources has awarded five oil blocks and gas blocks offshore Indonesia.

The study demonstrated how a phenomenon known as plug flow - in which all particles in a given cross-section have identical velocity and direction of motion - can dramatically boost electricity generation from falling water.