The SMR Alliance includes 11 government and public institutions, including the Ministry of Trade, Industry & Energy (MOTIE), Korea Hydro & Nuclear Power (KHNP) and the Korea Energy Economics Institute, as well as 31 companies, including GS Energy, SK Inc, Samsung C&T, Daewoo E&C and Doosan Enerability.

Brent rose 16 cents or 0.2% to stand at $74.67, WTI gained 8 cents or 0.1% to $69.95.

At the heart of the new energy paradigm is undersea cable technology, which is benefitting from improved laying techniques and a general acceptance of the idea that high-voltage direct current connectors can function safely over very large distances for many decades.

Asian demand has also led to Saudi Aramco's optimism about the global oil market's prospects for the rest of the year, its CEO Amin H. Nasser said at the conference, adding that oil market fundamentals remain "generally sound".

In 2021, Russia pumped about 150 billion cubic meters of pipeline gas to Europe — more than enough to satisfy the combined annual consumption of Germany, France and Austria. Europe represented two-thirds of the country’s gas exports including flows of liquified natural gas.

Brent slipped 51 cents, or 0.4%, to $73.76 a barrel, WTI were down 42 cents, or 0.6%, at $69.09.

«Наше успешное взаимодействие с индийскими партнёрами позволило нарастить экспорт российской нефти и нефтепродуктов, а также обеспечить рост поставок коксующегося угля», – отметил Николай Шульгинов.

Россия и Казахстан ведут успешное и плодотворное сотрудничество в энергетической сфере, в том числе в нефтяном секторе.

Rosatom is already in the process of constructing four floating power units for the Baimskaya ore zone which highlights floating nuclear power plants' ability to be transported to hard-to-reach areas.

While renewable power generation from wind and solar continues to capture much of the peak power demand in The Electric Reliability Council of Texas, demand for gas-fired cooling is also up.

The Texas power grid will be severely tested over the remainder of June as the summer’s first significant heat ridge sets up across the state.

Brent dipped 17 cents, or 0.2%, to $75.50 a barrel, WTI dropped 16 cents, also 0.2%, to $70.46 a barrel.

Global renewable capacity additions are set to soar by 107 gigawatts (GW), the largest absolute increase ever, to more than 440 GW in 2023.

“Climate change has been implicated in worsening wildfires across North America,” Kristina Dahl, principal climate scientist with the Union of Concerned Scientists’ climate and energy program,

Believe it or not, the concept of reserve power is a foreign one in Texas. The bill passed with a caveat: any increase in costs could not exceed $1 billion annually.