Russia's invasion has driven up the price of the oil, gas and grain it exports, providing it with a substantial windfall to fund its "special military operation" - now entering a new phase as Moscow focuses on the eastern Donbas region after failing to break Ukraine's defence of the capital Kyiv.

Even before the Ukraine war had Europe scrambling for alternatives for Russia's oil and natural gas, Qatar's ambitions to grow its LNG business were coinciding with burgeoning energy demand by western countries amid the recovery from the pandemic.

The Memorandum of Understanding is to manufacture and sell turnkey power plants combining Samsung Heavy Industry’s ship-building expertise and the Danish company’s Compact Molten Salt Reactor (CMSR).

The German year-ahead baseload traded as high as Eur197.75/MWh, a new high for the 2023 contract, while year-ahead coal into Europe traded at $230/mt, EEX and ICE exchange data showed.

Germany and Europe's dependence on Russian natural gas supplies cannot be eliminated in the short term without considerable economic damage.

Up until now, Europe has not announced an energy emergency plan. However, the latest figures show that Europe's gas storage capacity is only 26% full.

Nuclear's share of energy in the UK is currently about 16%, however almost half of the country's current capacity is due to be retired by 2025 and all but one of its reactors will retire by 2030.

Hungary will pay for shipments in roubles if Russia asks it to, Prime Minister Viktor Orban told a news conference on Wednesday in reply to a Reuters question.

First Light Fusion (First Light), the University of Oxford fusion spin-out, today confirms it has achieved fusion. The UK Atomic Energy Authority (UKAEA) has independently validated the result.

The Ministry of Energy and Environment plans to double lignite production and to review its phase-out plan for lignite-fired power plants.

The French energy group EDF has raised €3,164m through its latest capital increase,

The new round includes an import ban on coal from Russia worth Eur4 billion/year ($4.38 billion/year) and a ban on Russian vessels and Russian-operated vessels from accessing EU ports, allowing for certain exemptions such as agricultural and food products, humanitarian aid as well as energy.

Norwegian deliveries totaled 9.94 Bcm in March -- or an average of 321 million cu m/d. The total volume is higher than in February, but lower on a daily average basis given February is a shorter month.

Deeply concerned by Russia’s invasion of Ukraine, the exposure of nuclear facilities to fighting and worrying public rhetoric, the undersigned scientists, engineers and professionals of the nuclear energy sector, represented by the American and European Nuclear Society:

While the US has already banned imports of Russian oil, gas and coal, it could escalate energy pressure through secondary sanctions on other countries that continue to import the supplies.