Russia is continuing remediation of former uranium mining sites in central Asia with a new project in Tajikistan.

Chinese customs also reported that for the ten-month period from January to October 2024, China-Russia bilateral increased by 2.8% compared to the same period in 2023.

Moscow has been India’s top crude oil supplier. India’s oil imports from Russia in April are at around 1.72 million barrels a day, their highest since July, according to online ship-tracking data.

Iran has signed a Comprehensive Strategic Partnership Agreement with Russia.

The UK government has announced a £410m investment to advance the development of nuclear fusion energy and boost economic growth as part of its Plan for Change initiative.

“The Department of State’s designations aim to reduce Russia’s oil and natural gas revenue through sanctions on operators of significant Russian crude oil production and liquified natural gas projects. We are designating the chief executive officer and members of State Atomic Energy Corporation Rosatom’s (Rosatom),” according to a State Department Fact Sheet.

Ожидаемый объем дополнительных нефтегазовых доходов федерального бюджета прогнозируется в январе 2025 года в размере 80,3 млрд руб.

Vietnam and Russia are already cooperating in the nuclear sector on the construction of a Centre for Nuclear Science and Technology in Vietnam

While Europe has managed to diversify its energy supplies since the 2022 crisis — making a phaseout of Russia’s fuel potentially less challenging — this winter has served as a reminder that the region remains vulnerable.

Consequently, Russia will increasingly rely on China and boost energy exports, particularly crude oil and natural gas, in 2025,

Rosatom describes the TRT as “a tokamak with a long discharge pulse, a strong magnetic field and an electromagnetic system made of a high-temperature superconductor … the construction of the TRT is an important stage in the development of controlled thermonuclear fusion and the creation of a nuclear power reactor in Russia – an environmentally friendly source of energy with virtually inexhaustible fuel resources”.

ITER has paid tribute to Evgeny Velikhov (1935-2024), who died on 5th December aged 89, with the following “In Memoriam”:

Её участники договорились продлить дополнительные добровольные ограничения по добыче нефти на 1,65 млн баррелей в сутки до конца декабря 2026 года. Кроме того, эти восемь стран продлят дополнительные добровольные ограничения на 2,2 млн баррелей нефти в сутки до конца марта 2025 года.

The meeting was conducted to reinforce the precautionary efforts of OPEC+ countries, aiming to support the stability and balance of oil markets. The aforementioned countries decided, in addition to the latest decisions from the 38th ONOMM, to extend the additional voluntary adjustments of 1.65 million barrels per day that were announced in April 2023, until the end of December 2026.

India's rising Russian imports have come at the expense of rival Middle Eastern producers. The Reliance-Rosneft deal would represent another challenge for competitors, including Saudi Arabia.