Traders are keeping a close watch on whether a resolution can be found on the Kremlin’s demand to be paid in rubles for its gas. European Union lawyers have said the new mechanism violates existing sanctions, and Russian President Vladimir Putin has warned that flows could be cut if the terms aren’t met.

A retreat from wind power could have devastating consequences, as it is set to play a pivotal role in global efforts to transition to green energy.

Brent were down 56 cents, or 0.5%, at $101.76 a barrel, WTI were down 56 cents, or 0.5%, at $101.76 a barrel.

The price of OPEC basket of thirteen crudes stood at $101.93 a barrel

The increase in U.S. electric power sector renewable generation during 2021 came mainly from more wind and solar generation as a result of more wind turbines and utility-scale solar power plants coming online.

Стороны обсудили широкий круг вопросов торгово-экономического сотрудничества, уделив особое внимание сферам промышленности, энергетики, транспорта, сельского хозяйства и продовольственной безопасности, межрегиональному взаимодействию.

The IAEA will continue to support Ukraine in ensuring the safety and security of its nuclear sites, IAEA Director General Rafael Mariano Grossi told Ukraine President Volodymyr Zelensky this evening during a meeting in Kyiv.

Currently, India operates 22 reactors with a total capacity of 6780MWe.

According to the IAEA, Russia currently has four reactors under construction, including the first-of-its-kind VVER-TOI design at Kursk.

"As of the end of the business day on April 26, Gazprom Export had not received payments for gas supplies in April from Bulgargaz (Bulgaria) and PGNiG (Poland) in rubles," Gazprom said in a statement.

Brent rose 67 cents, or 0.6%, to $105.66 a barrel , WTI gained 44 cents, or 0.4%, to $102.14 a barrel.

The Swiss investment company Smartenergy and the Spanish multinational Grupo Prodiel have closed an agreement to set up Greenfield PV, a joint venture focused on developing more than 4 GW of solar PV projects in Spain.

Masdar and Hassan Allam Utilities have signed preliminary agreements with several parastatals in Egypt to set up a strategic platform that targets an electrolyser capacity of 4 GW in Egypt by 2030

Gas distributors in Germany, Austria, Hungary and Slovakia are planning to open rouble accounts at Gazprombank in Switzerland in order to satisfy a Russian requirement for payments in its own currency

An oil price cap is one of a number of proposals being discussed as EU ambassadors prepare for talks in coming days about more sanctions on Moscow — the sixth such package since Vladimir Putin ordered the invasion of Ukraine two months ago.

"The document says the rule is about HS codes, so it is applicable to all origins," a South Korea-based source said. "This should help Russian coal demand more than other origins because it is already at a discount to other origins."

"To pay in rubles -- if this is not foreseen in the contract -- is a breach of our sanctions. We have about 97% of all contracts that explicitly stipulate payments in euros or dollars," she said.

Russia's Economy Ministry expects oil and gas production to fall this year, according to a document seen by Reuters, with gas output declining to 702.4-720.9 bcm from 763.5 bcm in 2021.

Brent were up 17 cents, or 0.2%, at $105.49 a barrel, WTI gained 26 cents, or 0.3%, to $102.28.

The price of OPEC basket of thirteen crudes stood at $105.33 a barrel on Wednesday,