Reliance Industries and Chart Industries launched the India H2 Alliance (IH2A) to build the hydrogen economy and supply chain in India.

Brent dropped 33 cents, or 0.4%, to $74.06 a barrel, WTI dropped 33 cents, or 0.4%, to $74.06 a barrel.

These brought the country's throughput in the first five months to average at 14.21 million b/d with a 12.7% year-on-year jump.

China has fully commissioned its 10.2 GW Wudongde hydropower project on the Jinsha river in southern China, with the start of the 12th and last generator.

U.S. commercial crude oil inventories decreased by 7.4 million barrels from the previous week to 466.7 million barrels.

In 2020, consumption of renewable energy in the United States grew for the fifth year in a row, reaching a record high of 11.6 quadrillion British thermal units (Btu), or 12% of total U.S. energy consumption.

These activities in the short-term will be followed by the growth and diversification of the sector from 2025 to 2030. Thereafter, through rapid expansion until 2050, Canada will start to realize the full benefits of the hydrogen strategy.

The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent

Brent was up 29 cents, or 0.4%, at $74.28 a barrel, WTI gained 32 cents, or 0.4%, to $72.44 and hit $72.83.

They will focus on accelerating progress on electrification and batteries, hydrogen, carbon capture, usage and storage, zero-emission aviation and shipping, "and for those countries that opt to use it", nuclear power.

Nuclear power of course is the only carbon-free energy source we have that can deliver power day and night, throughout every season, almost anywhere on Earth. And it's been proven to work at a large scale.

Russian company Technopromexport pledged to invest €12bn (US$14.6bn) in the project.

National regulators should collaborate through bilateral and multinational agreements on design and safety reviews, share technical reviews, establish common positions on safety criteria, and make appropriate use of existing reference SMR design reviews to streamline SMR licensing processes.

It is essential that the roles for nuclear energy are set out and assessed clearly, with the acknowledgement that they will not be adopted unless they are part of an optimised solution. It is also essential that similarly objective assessment mechanisms are applied to all decarbonisation options.

Nuclear energy has been quietly powering America with clean, carbon-free electricity for the last 60 years.