The Meeting constitutes an important milestone in the energy dialogue. It emphasized the strategic importance of cooperation between OPEC and the Russian Federation, including through the frameworks of the ‘Declaration of Cooperation’ and the ‘Charter of Cooperation’.

Обсуждение вопросов российско-казахстанского сотрудничества в сфере энергетики продолжится на следующей неделе в Астане в ходе встречи на высшем уровне.

Gazprom, opens new tab said it would send 42.4 million cubic metres of gas to Europe via Ukraine on Thursday, the same volume it has shipped each day since Nov. 12.

The investment bank still sees Brent averaging $76 per barrel in 2025, but edged down its 2026 forecast to $71 per barrel on a 0.9 mb/d surplus.

The sanctions, however, made exemptions for transactions related to the Sakhalin-2 oil and gas project in Russia's far east until June 28, 2025, according to an updated general license published by the treasury department.

Reaching global decarbonization targets by 2050 will require a significant expansion of nuclear power.

There are the obvious security repercussions that come with ignoring the biggest climate security threat to humanity, including the famine-causing heat waves and droughts, the loss of coastal cities from sea-level rise, and more extreme storms, floods and fires that displace millions of people and result in billions of dollars of infrastructure damage.

Net withdrawals from the funds reached nearly $24 billion for the first nine months of 2024, compared with net deposits of $40 billion during the first nine months of 2023.

South Africa has a history of uranium production - generally as a by-product of gold or copper mining.

FAST aims to generate and sustain a plasma of deuterium-tritium (D-T) reactions, demonstrating an integrated fusion energy system that combines energy conversion including electricity generation and fuel technologies.

The five projects represent a total investment of SAR35bn (US$9.3bn) and align with Saudi Vision 2030 goals to achieve a balanced energy mix with 50% renewables and 50% gas.

The US$4bn Terra Solar project will also feature a 4.5 GWh battery energy storage system (BESS). The project is developed by Terra Solar, a subsidiary of Solar Philippines New Energy Corporation (SPNEC).

As part of the H2Hubs program, DOE is committing up to $1.2 billion of federal cost share for the Gulf Coast Hydrogen Hub—led by HyVelocity (HyV) and up to $1 billion of federal cost share for the Midwest Hydrogen Hub—led by the Midwest Alliance for Clean Hydrogen LLC (MachH2).

Brent rose 16 cents, or 0.2%, to $72.97, WTI rose 16 cents, or 0.23%, to $68.91.

Climate remains one of a few topics where it is still able to find common ground with the western countries, which imposed sanctions on its economy. Russia has among the biggest delegation at COP this year, with 900 people registered.