The World Atomic Week (WAW) international forum, dedicated to the 80th anniversary of the Russian nuclear industry, which took place from 25 to 28 September at the All-Russia Exhibition Centre in Moscow, attracted more than 20,000 visitors from 118 countries.

The facility located above the Arctic circle is key for Russia’s ambition to triple LNG production by the end of the decade. While those plans were squeezed by international restrictions after the Kremlin’s invasion of Ukraine, China’s decision to take more Russian gas amid a confrontation with the US could revive those goals.

Russia remained the top supplier of nuclear reactor fuel to the US last year, even after a ban on enriched uranium imports from the country took effect in May.

In May 2021, Fatih Birol, Executive Director of the IEA, told The Guardian, “If governments are serious about the climate crisis, there can be no new investments in oil, gas and coal, from now – from this year.”

These new measures follow the 18th sanctions package, unveiled in July 2025, which lowered the oil price cap on Russian crude to US$47.6/bbl,

The contract, worth CNY4.2bn ($594m), was awarded to a joint group of companies, China Energy Engineering Jiangsu Electric Power Construction No 3 Company and China National Nuclear Huachen Construction Engineering Company. They will build the nuclear islands, their auxiliary systems and part of the equipment for the balance of the station.

In May this year, Sweden's parliament - the Riksdag - approved the government's proposals for providing state aid to companies that want to invest in new nuclear reactors in the country.

Brent were up 27 cents, or 0.40%, to $67.11 a barrel, WTI rose 29 cents, or 0.46%, to $63 a barrel.

Trump has repeatedly threatened the largest buyers of Russian crude with sanctions if a deal to end the war in Ukraine is not reached. On Aug. 6, Trump issued an executive order raising tariffs on US imports from India from 25% to 50%, in response to what Trump described on Truth Social as India's "massive" purchases of Russian crude.

Physical export volumes in July increased 1.4% month-on-month to 7.3 million barrels per day, matching the export volume from a year earlier.

The refiner, part-owned by Russian oil major Rosneft PJSC, is an important pillar of the Indian market. Its 400,000 barrels-a-day processing plant accounts for 8% of the country’s refining, and the company operates 7% of its fuel stations.

"In the field of nuclear energy, 10 new reactors are progressing rapidly. By 2047, when the nation will complete 100 years of independence - the year we have set as the target for achieving the goal of a 'Viksit Bharat' - we are moving forward with the resolve to increase our nuclear energy capacity more than tenfold."

Performance on the Oil Majors has been one to ponder on as shifts in pricing has been dependent majorly on Russian Oil supply point in case being India.

Russia has often raised crude exports to China via the Arctic route during the navigation season, when voyage time to the world's top seaborne crude importer is shorter and freight costs lower.

Nuclear Energy Mission envisages deployment of large as well as small nuclear power plants in green fields, in brown fields, as captive plants and for off-grid applications in remote locations.