Brent rose 55 cents, or 0.8%, to $66.40 a barrel , WTI was at $63.13 a barrel, up 66 cents, or 1.1%.

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.

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

Целью развития энергетики Российской Федерации на период до 2050 года является достижение качественно нового состояния энергетики

Its target scenario sees output of 540 million tons at the end of this decade and also by midcentury, a document published Monday showed. That’s equivalent to about 10.84 million barrels a day and is only marginally above volumes in 2023, the baseline for the paper. Shipments abroad are also expected to hold steady.

Участники форума обсудили ключевые вопросы двустороннего сотрудничества в области торговли и инвестиций, промышленности, сельского хозяйства, энергетики, транспорта, туризма и креативных индустрий. Форум был организован фондом «Росконгресс» совместно с Торгово-промышленной палатой Индонезии.

The global oil demand growth forecast for 2025 is revised down slightly to 1.3 mb/d, y-o-y. This minor adjustment is mainly due to received data for 1Q25 and the expected impact on oil demand given recently announced US tariffs.

The French state partly owns Engie, which used to be among the biggest buyers of Gazprom's gas. Holleaux said Russia could supply around 20-25% of EU needs, down from 40% before the war.

Current Russia-India bilateral trade is running at US$66 billion with a target to increase this to US$100 billion by 2030.