2025

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.

Brent eased 18 cents, or 0.3%, to $64.49 per barrel , WTI fell 16 cents, or 0.3%, to $61.17.

The two sides discussed cooperation within the OPEC+ framework and the energy sector, including electricity, hydropower and renewables. Three coal-fired thermal power plants will be built in Kazakhstan in the cities of Kokshetau, Semey and Ust-Kamenogorsk, and two power units at Ekibastuz TPP-2 will be renovated with the involvement of Russian specialists.

On April 10, the US Department of the Treasury sanctioned nearly 30 oil tankers involved in shipping Iranian crudes, as well as a Chinese storage terminal.

As of end- 2024, coal-fired power represented 37% of China’s installed capacity but 60% of its power generation.

Joint Indian-Russian operators are already managing the countries second airport at Hambantota, which is being repositioned as a tourist arrivals hub from East Asia. Sri Lanka is a member of the SAARC trade bloc, and has also applied to join the BRICS.

Much of Russia’s trade and investment with Ecuador is agriculture based – the country is the primary supplier of bananas to Russia.

China operates 58 civil nuclear reactors and has almost 30 new builds in progress. This represents nearly half of all power reactors currently under construction worldwide.

The 2024-2025 storm season has underscored the vulnerability of the U.S. electrical grid, with a series of extreme weather events causing widespread power outages and significant economic losses.