Following the South Korean government's decision to restrict state-owned power-generating companies from importing Russian thermal coal from the spot market towards the end of 2023, Russian exports lost ground to Colombian thermal coal supply in recent months.

Benchmark futures settled 2.2% higher at €32.48 a megawatt-hour Friday after slumping a day earlier. The contract also posted a second straight weekly gain.

State Grid Corp. of China, which covers more than 80% of the country, will increase spending 13% to 600 billion yuan ($83 billion) this year, the Economic Information Daily reported, citing a budget plan.

We face a potential future of perpetual subsidies and incentives combined with mandated changes and banned products. This potential future does not include reduced energy costs or increased liberty and freedom.

Brent rose 21 cents to $84.87 a barrel, WTI ose 26 cents to $81.67 a barrel.

БРИКС сегодня объединяет десять стран: Бразилию, Россию, Индию, Китай, ЮАР, а также Египет, Эфиопию, Иран, Саудовскую Аравию и ОАЭ. В "Большую семерку" входят США, Япония, Германия, Франция, Великобритания, Канада и Италия.

MSATO project 22770 is intended for the technological and maintenance of the nuclear power plants on marine vessels and is expected to be put into operation in 2029.

The Paks II project was launched in 2014 by an inter-governmental agreement between Hungary and Russia for two VVER-1200 reactors (units 5&6) to be supplied by Rosatom.

The lithium-based condensed battery was launched Wednesday at the Auto Shanghai expo, with CATL claiming blockbuster energy density figures "up to 500 Wh/kg.

In April of 2023, CATL announced its "condensed battery" packing over twice the energy density of nearly anything else on the market at an incredible 500 Wh/kg.

It should be noted that the high flying bulls on the Oil Market may be sublime in the long-run perspective of things as demand is drawing down inventories globally and refinery margins have come off.

Brent edged up 47 cents or 0.5% to $86.71 per barrel, WTI climbed 43 cents or 0.5% to $83.24 per barrel.

The agenda includes a logistics supply agreement to bolster cooperation between the two militaries, restarting discussions on the joint development of a fifth generation fighter aircraft, and collaboration on nuclear power, the people said.

Following the summit meeting, President Putin said that “a promising area for expanding bilateral cooperation is nuclear energy”.

Эта информация будет способствовать созданию и безаварийной эксплуатации объектов инфраструктуры в районах многолетней мерзлоты, затрагивающей до 65% территории страны.