To compete globally, US must expand energy production and reduce energy costs for American families and businesses.

Adopted on Tuesday by the cabinet, the 7th Basic Energy Plan calls for nuclear electricity generation to increase from 8.5% in fiscal 2023 to about 20% in fiscal 2040.

India is forging ahead with its ambitious target of achieving 500 GW of renewable energy capacity by 2030, as reaffirmed by industry leaders at the recently concluded India Energy Week 2025.

The electric industry today is facing unique and unprecedented challenges. A changing generation mix, more frequent “100-year” storms, and tremendous load growth are all changing the way utilities need to plan the electric system.

The energy and utilities sector is undergoing a profound transformation driven by the need for greater efficiency, sustainability, and resilience in response to evolving consumer demands and global climate objectives.

Brent were down 68 cents, or 0.9%, at $74.50 a barrel, WTI dropped 65 cents, or 0.9%, to $70.72.

Rosatom says that the average power of the engine, operating in pulse-periodic mode, reaches 300kW making it possible to accelerate the spacecraft to much higher speeds than conventional engines.

Demand for the super-cooled fuel from the world’s fourth-largest buyer will rise to an annual 64 billion cubic meters by 2030, up from 36 billion last year, according to the IEA’s latest report on the Indian gas market, published on Wednesday.

Indian Railways has been seen as a potential joint venture partner for nuclear projects for many years: as long ago as 2017 NPCIL said it planned a joint venture with the state-owned enterprise.

Japan imported 6.34 million mt of US LNG in 2024, accounting for 9.6% of the country's total LNG imports of 65.89 million mt, according to data from the Ministry of Finance.

With strong interest already secured from its financial partners, Fluidstack's Phase 1 of the project will be supported by an initial investment of EUR10 billion (USD10 billion) and is set to become operational in 2026. The facility's Phase 1 will ultimately host about 500,000 next-generation AI chips.

Brent rose 32 cents to $74.61 a barrel, WTI was up 24 cents at $70.85 a barrel.

The JMMC reviewed the crude oil production data for the months of November and December 2024 and noted the high overall conformity for OPEC and non-OPEC countries participating in the Declaration of Cooperation (DoC). The improved conformity further reaffirms the DoC countries’ shared objectives of unity and cohesion.

Brent fell 2 cents to $77.47 a barrel WTI were at $73.81 a barrel, up 4 cents, or 0.1%.

The incoming Trump Administration is not supportive of the UN climate objectives. It has several climate and energy policy revision priorities it intends to pursue rapidly and aggressively.