During the visit, the Malaysian delegation were shown Rosatom’s technologies at the Leningrad NPP and also visited the Atom Museum which shows the historical development of the Russia’s nuclear industry.

Vietnam approved an atomic power development plan in February, following a non-binding agreement on nuclear energy cooperation signed with Russia the month prior.

The BRICS energy alliance has launched a coordinated system of Petro-Yuan (Chinese RMB Yuan currency) oil contracts that directly challenges US dollar dominance in global energy markets.

Gazprom launched supplies via the Power of Siberia pipeline in 2019 under a long-term agreement between Gazprom and China National Petroleum Corporation (CNPC), and supplies have been exceeding annual contractual obligations every year since 2020.

The JV plans to develop the renewable projects (solar, wind, hybrid, floating solar, BESS, pumped-storage hydropower) in phases, with an initial capacity of 500 MW to ramp up to 2 GW, and to eventually scale up to 5 GW.

Despite the global push for transition to cleaner sources of energy, India’s crude oil refining capacity is set to expand — to 450 million tons by the end of the decade from about 250 million tons now — on the back of growing domestic and overseas demand for oil products.

With prices linked to Henry Hub, market sources suggested that the cargoes are likely coming from the US. This is likely the first US LNG SPA signed by a Chinese company since the announcement of China's tariffs on US LNG.

Since 2019 China’s energy system seems to be undergoing significant shifts.

The discussion centred on new approaches to the efficient allocation of nuclear energy resources, current industry trends and prospects for cooperation between participating countries for balanced global development and energy security.

Russia currently delivers gas to China via the Power of Siberia 1 pipeline, which is part of a US$400 billion, 30-year agreement between Gazprom and China’s CNPC which was signed in 2014.

Vietnam and Russia have also agreed to boost cooperation in oil and gas industries, including the provision of Russian crude oil and liquefied natural gas to Vietnam, according to the joint statement.

India’s imports of Russian crude are on track to hit 2.15 million barrels a day in April, the biggest monthly volume since May 2023, according to data from Kpler. Shipments have climbed since tumbling to a 14-month low in February.

Стороны обсудили энергетическое сотрудничество во всех отраслях топливно-энергетического комплекса. Ключевой темой встречи стали перспективы расширения поставок российских энергоресурсов в КНР. Были отмечены достигнутые результаты по поставкам природного газа из России в Китай.

Overall delivery of US LNG shipments in the first quarter of 2025 fell by 70%, according to Chinese official custom data released on Sunday.

Japan faces substantial challenges in managing its energy trade deficit and high end-user costs while aggressively pursuing decarbonization targets amidst geopolitical tensions. There are significant concerns about Japan's ability to meet its emissions targets, casting doubts on its broader 2050 decarbonization plans.