February 2026

Brent declined by $1.34, or 1.35%, to $98.05 ​a barrel, WTI ​fell $1.65, or 1.74%, to $93.40 a barrel.

The International Monetary Fund downgraded its growth projection for the year after the war in the Middle East triggered a major oil shock and included the possibility of a downturn if the conflict drags on and energy infrastructure is severely damaged.

India has above-ground and underground storage for LPG, owned by oil marketing and refining companies.

Now Chinese industry giants like vehicle-maker BYD and battery-producer CATL are well-positioned to capitalize on growing interest in low-emissions energy products as the world confronts the fragility of fossil fuels.

On the onset of NaturalGas pricing for the week at $2.60/MMBtu depicting an 18-month low,clarity is emerging that it's becoming a stranded asset with a workforce attached to it.

Rosatom’s first uranium-plutonium fuel for VVER reactors was REMIX fuel – its pilot operation was successfully completed at the Balakovo in March.

Rolls-Royce SMR was selected as the UK government's preferred technology for the country's first small modular reactor (SMR) project in June last year, and GBP2.6 billion was allocated in the 2025 Spending Review to enable this contract and wider programme delivery.

Developed by Danish investment fund Copenhagen Infrastructure Partners (CIP), the Murchison facility will consist of up to 6 GW of solar and onshore wind capacity coupled with a 600 MW/1,200 MWh BESS to power 3 GW of electrolysers near the city of Kalbarri (north of Perth, Western Australia).

Rosatom is already developing the lunar NPP. A prototype of the system, called “Selena”, will be ready by 2032, the President of the Kurchatov Institute, Mikhail Kovalchuk, told a scientific conference at the Space Research Institute of the Russian Academy of Sciences.

The contract hit a session high of $113.97 a barrel on Thursday before settling at $111.42 a barrel.