May 2025

Despite the global push for transition to cleaner sources of energy, India’s crude oil refining capacity is set to expand — to 450 million tons by the end of the decade from about 250 million tons now — on the back of growing domestic and overseas demand for oil products.

With prices linked to Henry Hub, market sources suggested that the cargoes are likely coming from the US. This is likely the first US LNG SPA signed by a Chinese company since the announcement of China's tariffs on US LNG.

Since 2019 China’s energy system seems to be undergoing significant shifts.

The signing of the memorandum was the result of ongoing joint work between the Institute and Brazilian scientific organisations.

“We’re not seeking war with anyone. We say they should recognize our rights,” Pezeshkian said. “We have the right to conduct peaceful nuclear research and use it. We need this science for health, agriculture, and industry.”

Turkey has discovered 75 billion cubic meters of natural gas worth $30 billion dollars in the Black Sea, according to President Recep Tayyip Erdogan.

Nuclitalia will be in charge of assessing the most innovative and mature designs of new sustainable nuclear power, with an initial focus on water-cooled small modular reactors (SMRs).

Brent fell 39 cents, or 0.6%, to $66.24 a barrel, WTI slipped 36 cents, or 0.6%, to $63.31.

Уже в ближайшие годы мы планируем вернуться на уровень добычи 540 млн т нефти в год. Этот показатель будет удерживаться вплоть до 2050 г.

Governments worldwide are recognising the economic and strategic benefits of controlling supply chains for low-carbon technologies. Specifically, China’s dominance in solar PV module production (almost 85% of global production as of 2023) (Statista, 2024a) and battery manufacturing (79% of global EV Li-ion batteries as of 2021) (Statista, 2024b) has spurred rival policies.