Benchmark German power for next year rose as much as 4.5% to a record 446 euros a megawatt-hour on the European Energy Exchange.

With nearly half of German homes relying on gas for heating, the country faces potential rationing if it fails to secure sufficient reserves.

Russian oil production in July was only 310,000 b/d below prewar levels, a fall of less than 3 per cent, while total oil exports were down about 580,000 b/d, according to the IEA’s latest monthly oil report.

Under the government’s latest “reasonable worst-case scenario,” Britain could face an electricity capacity shortfall totaling about a sixth of peak demand, even after emergency coal plants have been fired up, according to people familiar with the government’s planning.

The money lost is dwarfed by enormous profits both BP and Shell recorded this year on the back of soaring refining margins and high oil and gas prices.

India currently has 22 operating nuclear reactors, totalling some 6795 MWe of capacity. A further eight units, totalling just over 6000 MWe, are under construction, and the Indian government is committed to growing nuclear capacity as part of its massive infrastructure development programme.

По состоянию на 1 августа 2022 г. объем ФНБ составил 12 155 885,2 млн рублей, что эквивалентно 198 268,9 млн долл. США

U.S. commercial crude oil inventories increased by 5.5 million barrels to 432.0 million barrels.

Brent fell $1.34, or 1.4%, to $95.31 a barrel, WTI dropped $1.25, or 1.4%, to $89.51.

Benchmark gas declined as much as 2.9%, sliding for a third session. The continent’s storage sites are 72% full, compared to the average for the previous five years of 70.1%, data from Gas Infrastructure Europe show.

Much of the world isn’t ready to follow US and European efforts to isolate President Vladimir Putin’s Russia.

Hard-coal output averaged 6.36 GW for Week 31 (Aug. 1-8), up 21% week-on-week, while gas fell 24% to 4.26 GW.

The potential deal on the table spells out the steps that Iran and the US would each take, with the former eliminating its stockpiles of enriched uranium in return for economic concessions from the latter.

The legislation is aimed at reducing carbon emissions and shifting consumers to green energy,

The 25th batch of Russian electrical equipment was successfully delivered to the construction site of the international thermonuclear experimental reactor Iter in France,