Russian oil products exports remain resilient with volumes climbing last month to the highest in a year, despite repeated drone strikes against the country’s refining operations.

The agreement sets out the terms and main areas of interaction between the parties and the possibility of a further expansion of capacity to 330 MW.

The new roadmap builds on an agreement reached in 2023 on the sidelines of the Russia-Africa Economic & Humanitarian Forum in St Petersburg.

Brent rose 24 cents or 0.33% to $72.77 a barrel, WTI were up 18 cents or 0.26% at $68.80 per barrel.

This comes at a precarious moment for Americans. Last year registered as the hottest in recorded history, breaching the 1.5 degree Celsius globally-agreed-upon safety threshold for warming above pre-industrial temperatures.

Ofgem's new cap of 1,849 pounds ($2,334.18) a year for average use of electricity and gas is up 111 pounds, or 6.4%, from 1,738 pounds under the previous cap.

Last year, Ukraine received 724 million cubic meters of gas from abroad, according to estimates from ExPro Consulting in Kyiv. About a third of that was later re-exported to western neighbors, which used the nation’s storage sites.

Ghana has successfully completed the site selection process and identified the candidate site and an alternative site for its first NPP. The next stage following site selection is the characterisation stage of the site evaluation process.

Brent were down 22 cents, or 0.29%, at $75.82 a barrel, WTI dropped 30 cents, or 0.42%, to $71.95.

To compete globally, US must expand energy production and reduce energy costs for American families and businesses.

OPEC welcomes the decision approved today by the National Energy Council of the Federative Republic of Brazil (CNPE) that formally paves the way for the participation of Brazil as a Member of the Charter of Cooperation (CoC) between oil producing countries.

Adopted on Tuesday by the cabinet, the 7th Basic Energy Plan calls for nuclear electricity generation to increase from 8.5% in fiscal 2023 to about 20% in fiscal 2040.

Under nuclear phase-out plans, agreed in 2019, four of its seven reactors are scheduled to close by the end of 2030, and the other three by 2035.

India is forging ahead with its ambitious target of achieving 500 GW of renewable energy capacity by 2030, as reaffirmed by industry leaders at the recently concluded India Energy Week 2025.

The electric industry today is facing unique and unprecedented challenges. A changing generation mix, more frequent “100-year” storms, and tremendous load growth are all changing the way utilities need to plan the electric system.