The Russian Deputy Prime Minister Alexander Novak and Turkish Energy and Natural Resources Minister Alparslan Bayraktar have been discussing additional prospects for cooperation in their bilateral oil and gas, as well as the development of nuclear energy, at meetings held in Istanbul.

Millions of barrels of Russian oil stored on tankers at sea could still provide Indian refiners with a quick and cheap solution, provided they get the nod from New Delhi.

"Poland has the potential to become a European leader in small modular reactor (SMR) technology," said Polish Minister of Energy Miłosz Motyka.

NANO Nuclear and EHC will also explore the future potential for deploying KRONOS MMR reactors in select markets across the wider Gulf region.

Brent up 6 cents at $70.83, WTI rose 4 cents to $65.67.

Deliveries of Russian crude to Chinese ports rose to 2.09 million barrels a day in the first 18 days of February, vessel-tracking data compiled by Bloomberg show. The increase — from 1.72 million barrels a day in the whole of January and 1.39 million in December — has more than offset a drop from India.

Rosatom later reported that in meetings on Monday, Likhachev also held talks with Serbian President Aleksandar Vučić "during which they discussed expanding cooperation in nuclear energy, attracting Serbian companies to Rosatom's international projects, and training Serbian applicants in nuclear fields at Russian universities".  

India's crude oil purchases underwent a transformative change in 2026, with significantly reduced volumes of Russian Urals and incremental growth in Middle East Gulf barrels comprising its portfolio as of January,

Hungary has announced that it will block adoption of the EU's 20th sanctions package against Russia.

However, Hungary’s main nuclear power programme is rooted in Russian technology. Earlier in February, first concrete was poured for unit 1 of Hungary’s Paks II expansion project (also known a Paks unit 5).

The 2009 greenhouse gas endangerment finding issued for mobile sources also provides the legally required finding that the US Environmental Protection Agency has relied on to regulate GHG emissions from other industrial sources, including the power sector and, for methane emissions, the oil and natural gas sector.

The Solar Energy Corporation of India (SECI) has awarded over 11 GW of solar, hybrid and wind Firm and Dispatchable Renewable Energy (FDRE) capacity under its Inter-State Transmission System (ISTS) schemes.

Digital twins of existing gas assets will enable hydrogen market transformation, mapping systems holistically.

Brent edged down 28 cents, or 0.4%, to $71.38, WTI lost 20 cents, or 0.3%, to $66.23.

Сотрудничество в энергетике стало одной из ключевых тем 19-го заседания. Глава Минэнерго отметил успешную реализацию совместной программы в сфере мирного атома.