European gas prices spiked to a three-year high this week amid the widening conflict in the Middle East, though they pared some losses today after the US said it plans to protect navigation in the Strait of Hormuz.

A new goal pledges to cut carbon emissions per unit of gross domestic product by 17% by the end of the decade, and compares to a previous objective to deliver an 18% reduction in the five years through 2025 — which annual reports said was narrowly missed.

Under an MoU on cooperation in the field of energy signed in October 2024 between KHNP and the Philippine Department of Energy, KHNP agreed to conduct a feasibility study to evaluate the possible start up of the mothballed Bataan plant.

The Innovative Small Modular Reactor (i-SMR) - being developed by a consortium led by Korea Hydro & Nuclear Power (KHNP) and the Korea Atomic Energy Research Institute (KAERI) - is an integrated pressurised water reactor type nuclear power plant with an electrical output of 170 MW for both domestic use and export.

India became the single most important buyer of Moscow’s seaborne crude after the invasion of Ukraine, but the country has been cutting back in response to US pressure — particularly after a US trade deal struck last month that rolled back punitive tariffs.

India is the world's fourth-largest LNG consumer. According to S&P Global Energy data, in 2025, India imported more than 25 million metric tons of LNG per year.

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.

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.

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,

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.

This energy buying pledge—part of an estimated $33 billion in US goods purchases pledged by Jakarta—includes $3.5 billion for LPG, $4.5 billion for crude oil, and $7 billion for refined gasoline, according to the agreement released by the Office of the US Trade Representative on Feb. 19 in Washington.

In terms of LNG trucking, India is still way behind China. However, it offers good growth potential

During a public ceremony at China’s Great Hall, Canada’s Minister of Energy and Natural Resources and his Chinese counterpart signed a renewed pact that promises greater cooperation on clean and non-renewable energy.

Against a backdrop of intensifying Western economic coercion, renewed attempts to weaponize trade, the slowdown in Russia–China bilateral trade, and the U.S.-India oil narrative curbing India’s imports of Russian energy, as well as visible stress fractures in the global energy system, the Putin-Xi dialogue emerged as a crucial strategic calibration for Russia and China.

Since early 2024, China’s emissions have been flat or declining, according to multiple independent trackers, even as power consumption climbed.