... and Growth of 'Green' Generation Unusual weather this summer is setting new records in the electricity sector and confirming the importance of renewable energy sources (RES) . In China , July saw a record load on the energy system: peak electricity consumption reached a historic maximum of about 1.5 TW (1.5 billion kWh). Such high demand is associated with extreme heat and widespread use of air conditioning. However, approximately half of the increase in power generation in China was provided by ...

... several compensating trends: Demand and Seasonal Factors. The global summer travel season maintains heightened demand for gasoline and jet fuel in leading economies (the U.S., China, Europe). Despite local signs of weakness—such as the lowest gasoline consumption figures in May in the U.S. since 2020—overall global oil consumption continues to grow. Analysts forecast that global demand will increase by approximately 1.2 million barrels per day in the second half of 2025, reflecting a sustained recovery ...

... prices, which have risen amidst instability in the global economy. Gasoline exports are also showing positive momentum, benefiting refineries. Special attention is drawn to gas reserves, which remain at a high level, but the threat of reduced electricity consumption raises concerns about the future. This article will explore current trends in the energy sector and their impact on prices and demand for key fuel types. Energy Sector News, Sunday, July 27, 2025: Brent Near $70, Record Gas Storage, Fuel ...

... Canada) that did not conclude agreements, adding uncertainty. Nevertheless, the global summer travel season is driving high demand for gasoline and jet fuel in major economies (U.S., China, etc.). Leading analytical agencies project that global oil consumption will increase by approximately 1.2 million barrels per day in the second half of 2025, reflecting a sustained recovery in demand. OPEC+ Supply. The OPEC+ alliance continues to boost production after a period of constraints. At an extraordinary ...

Commentary for "Vedomosti": The article "Strong Energy Ties" on Sergey Tereshkin's website is dedicated to the development of energy cooperation between Russia and China. The piece examines forecasts for energy consumption growth in China, the increase in Russian exports of oil, gas, and coal to the country, as well as the participation of Russian companies in the construction of nuclear power plants in China. Special attention is given to joint projects such ...