According to its 2023 annual report to the US Securities & Exchange Commission, Russia’s Tenex is Centrus’s largest supplier of SWU, followed by French company Orano. Centrus has commitments with Tenex for the supply of Russian enrichment services (in the form of SWU) to 2028.

Even as China has dramatically ramped up wind and solar in recent years, its power demand, including from electric vehicles, continues to outpace new supply, creating an ever greater need for fossil fuels.

The legislation is designed to reduce US reliance on Russian uranium for nuclear fuel following Russia's 2022 invasion of Ukraine.

Total Russian seaborne crude exports reached 3.9 million-4 million b/d in March and April, boosted by multi-month high shipments to India, and around the highest since Russia invaded Ukraine in February 2022.

The Indian government, earlier in 2024, issued an order applicable between May 1 and June 30 to increase power generation from gas-based power plants in anticipation of a power crunch this summer season.

the world’s 60 largest lenders had provided around $705bn in financing in 2023 alone.

Brent inched 4 cents higher to $83.40 a barrel, WTI rose 5 cents to $79.17 a barrel.

In July 2022, the European Parliament voted to include certain nuclear and gas activities within the European Union's list of officially approved "green" investments.

Novak is taking on additional responsibility for economic development and anti-sanctions measures after former economic development minister Andrey Belousov was named new defense minister in a dramatic change of guard during the third year of full-scale war in Ukraine.

The OECD's growth forecast for Russia has been significantly revised upward—from 1.8% to 2.6% for this year, placing it sixth globally.

The global oil demand growth forecast for 2024 remains broadly unchanged from last month’s assessment at 2.2 mb/d.

The package will introduce tax incentives worth A$7 billion for the processing and refining of 31 critical minerals and A$6.7 billion for renewable hydrogen production from the fiscal year ending June 2028 to the 2039-40 fiscal year.

Relations between Russia and Western nations have been in the deep freeze since Moscow's full-scale invasion of Ukraine in February 2022, but Norway has been keen to keep some limited cooperation alive through the Arctic Council.

Brent were up 34 cents, or 0.4% at $82.71 a barrel, WTI rose 38 cents, or 0.5%, to $78.39 a barrel.

The passage and signing of this law will ensure the U.S. will no longer be reliant on imported uranium fuel from the Russian Federation.

US production of 82,533 pounds U3O8 (32.1 tU) in the first quarter of 2024 was the highest Q1 production since 2018 and almost 80% more than production for the whole of 2023.

The country exported a total of 7.3 million barrels a day last month, down 6.4% from March, the Paris-based agency said in its monthly report published Wednesday. That’s Russia’s lowest oil exports in five months, the IEA estimates show.

Brent rose 35 cents, or 0.4%, to $83.10 a barrel, WTI gained 40 cents, or 0.5%, to $79.03.

Brent climbed 21 cents, or 0.25%, to $83.48 a barrel, WTI rose 7 cents, or 0.09%, to $79.30 a barrel.

There are many reasons the U.S. utility grid requires an estimated $2.5t upgrade by 2035, from crumbling infrastructures to keeping up with the increased demand of electrification efforts, all balanced against increasingly volatile weather events.