The eight OPEC+ countries also noted that this measure will provide an opportunity for the participating countries to accelerate their compensation.

Szijjártó said that with the increasing electricity demand there was a need to sustain energy security by increasing nuclear capacity and "SMRs are the ideal solution for us".

Meanwhile, Chang said Malaysia signed a Civil Nuclear Strategic Partnership agreement with the US, envisaging long-term cooperation in developing Malaysia’s civil nuclear energy capabilities in a safe and responsible manner.

Oil traders and shipping companies have been waiting for direction from New Delhi on whether supplies from Moscow will be allowed to continue after US President Donald Trump last week threatened punitive action to curb trade with Russia.

The projects will be developed by Bundelkhand Saur Urja, its joint venture with the Uttar Pradesh New and Renewable Energy Development Agency, as four 300 MW subprojects and will have to be commissioned within 18 months from the effective date of the signing of the power purchase agreement (PPA). The minimum bid capacity is 300 MW and the maximum capacity is 600 MW.

Among the sanctioned entities is the Zhoushan Jinrun Petroleum Transfer Co., a China-operated oil terminal located within the greater Zhoushan port area.

The fusion power plant will be located in Chelan County, Washington, on land leased from the Chelan County Public Utility District.

The communication is the latest move in Qatar's long-simmering frustration with the CSDDD. In December, al-Kaabi told a forum in Doha the legislation was "ridiculous" and threatened to pull LNG supply to the EU if it meant being subject to the law's penalties.

With rising power demand driven largely by the explosive growth in data center development and AI workloads, officials across the Energy Department, the White House and the Federal Energy Regulatory Commission made urgent calls for grid modernization, faster permitting and better cost allocation mechanisms.

The growing connection between LNG exports and electricity markets in the U.S. is happening because of two long-term trends.

India’s evolving taxonomy should clearly define “resilient” activities, such as renewable-powered cold chains or flood-proof housing, to guide investors and policymakers.

Trump's threat to India over its purchases of Russian oil started on July 31, when he announced a 25% tariff for Indian goods, along with an unspecified penalty.

Imports of goods from Russia in the first quarter of 2025 totaled 8.74 billion euros ($10.11 billion), down from 30.58 billion euros four years earlier. Since January 2022, the EU has imported 297 billion euros' worth of Russian goods.

Calculations based on data from European gas transmission group Entsog showed that Russian gas exports via the TurkStream pipeline rose to 51.5 million cubic metres (mcm) per day in July from 37.6 mcm per day in June.

Ожидаемый объём недополученных нефтегазовых доходов федерального бюджета прогнозируется в мае 2025 года в размере 12,3 млрд руб.

К 2042 году установленная мощность атомных станций будет увеличена до 47,5 ГВт, а доля атомной генерации в общей структуре производства электроэнергии в стране вырастет до 25%.

The BWRX-300 is a 300 MWe water-cooled, natural circulation SMR with passive safety systems that leverages the design and licensing basis of GE Vernova Hitachi Nuclear Energy's 1500 MW ESBWR boiling water reactor.

Brent fell 75 cents, or 1.1%, to settle at $66.89 a barrel, WTI dropped 81 cents, or 1.2%, to settle at $64.35.

Poland is in the process of thrashing out its 2040 energy policy, with progress delayed by government infighting. There are two scenarios on the table: one where coal almost completely disappears from the energy mix by 2040 and a “business as usual” scenario, where the dirty fuel retains a role.

Russia and India stressed their commitment to a "strategic partnership" in bilateral security talks in Moscow