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,

DEWA currently has 13.4 GW of installed power capacity (including 1.5 GW of solar PV) and provides electricity and potable water to Dubai's 3.5 m residents.

ExxonMobil plans to produce around 250,000 mb/d of oil starting in 2025.

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.

Fuel oil represented the bulk of the exports to China, with 394,200 mt exported, 43.6% higher on the month. Diesel exports recorded similar growth of 39.5% to 343,100 mt. Bitumen and residue amounted to 18,700 mt, marking a 34.9% increase on February. Overall, 756,900 mt of oil products headed to China last month.

Brent climbed $1.05 or 1.%, to $102.12 a barrel, WTI rose 86 cents, or 0.9%, to $97.09 a barrel.

U.S. commercial crude oil inventories increased by 2.4 million barrels to 412.4 million barrels.

Wind turbines last Tuesday generated over 2,000 gigawatt-hours of electricity, edging out electricity generated by nuclear and coal (but still trailing behind natural gas).

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.

Microreactors are one of the three development streams identified in a joint strategic plan setting out a path for developing and deploying SMRs released by the governments of Ontario, Saskatchewan, New Brunswick and Alberta in March, and Bruce in 2020 agreed with Westinghouse Electric Company to pursue applications of Westinghouse's eVinci microreactor within Canada.

The US-Latvia FIRST project will draw on expertise from across government, industry, national laboratories, and academia for policy and technical exchanges focused on topics such as workforce development, stakeholder engagement, regulatory development, and familiarisation with advanced nuclear energy technologies, such as small modular reactors (SMRs), to support Latvia’s energy independence and security and climate priorities.

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.

OPEC's 13 members raised output by 60,000 b/d to 28.73 million b/d, but that was more than offset by a 160,000 b/d decline by the bloc's nine allies, who pumped 13.91 million b/d.

Novak is Russia's key negotiator in the OPEC+ group, which has resisted calls from consumers to increase production.

Brent advanced by 16 cents, or 0.2% to $100.77 a barrel, WTI gained 35 cents, or 4%, to $96.37 a barrel.

U.S. Rig Count is up 16 from last week to 689, Canada Rig Count is down 13 from last week to 111.

Россия как была одним из основных игроков на мировом энергетическом рынке, так им и останется, независимо давления и санкций.

Based on data from the third quarter, analysts expect to see a record 19 gigawatts of utility-scale solar and about 4 gigawatts of distributed solar installed in the United States this year.

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