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Fuel and Energy News, Friday, July 25, 2025: Brent below $70, record gas supplies, gasoline export ban starting August
... towards thermal energy and nuclear plants, while hydroelectric energy has reduced its contribution due to natural factors.
Another significant event for the sector was tariff changes: starting July 1, 2025, Russia has implemented a planned adjustment of electricity prices for the population and businesses. Housing and utility tariffs, including electricity, have increased by an average of 11-12% across the country. This annual increase, stipulated by the government, is intended to help energy companies cover inflationary ...
Introduction of Import Tariffs and Removal of EV Subsidies in the U.S.: Donald Trump's Initial Steps
... analysts believe that reciprocal actions from both countries are to be expected. It is anticipated that the conflict may affect the price of goods and increase costs for consumers in North America.
Conclusion
The initial economic steps taken by Donald Trump ... ... the foreign and domestic policies of the United States. The introduction of import tariffs and the rejection of subsidies for electric vehicles could lead to significant transformations in international trade and the domestic market. The reactions of neighboring ...
Solar Power Plant in Gansu: How China Implements Innovations for Carbon Neutrality
... serves as a crucial signal of a shift towards clean energy: renewable sources are becoming increasingly competitive in terms of generation volumes and reliability. The Gansu project illustrates that innovative renewable energy solutions can provide electricity to hundreds of thousands of consumers while simultaneously reducing the carbon footprint and decreasing reliance on fuel prices.
Major fuel and oil companies, including operators of oil refineries and coal generation facilities, cannot ignore these trends. Many are already diversifying their businesses by investing in solar, wind, and other forms of alternative energy. ...
Economy: Experts Predict Gas Price Increase in Europe
... market, there is a seasonal rally: average gas prices at the largest hub in the region, TTF, rose by 18% from September to November 2024 (from $422 to $499 per thousand cubic meters). This has already led to an increase in electricity prices: the average price of electricity in Germany during the same period rose by more than 40%, from €79 to €112 per megawatt-hour (MWh)," noted Sergey Tereshkin, CEO of the oil and raw materials marketplace OPEN OIL MARKET.
He explained that under the current regulatory ...
What Is Uranium and Why Is It So Important?
... broad applications across several fields:
Energy:
Nuclear reactors using low-enriched uranium produce about 10% of the world’s electricity.
Medicine:
Highly enriched uranium is sometimes used in medical reactors to produce radioisotopes for cancer diagnosis ... ... Consumption
Annual uranium production is primarily driven by nuclear energy demand and national policies, which also affect uranium prices. In recent years, Kazakhstan, Canada, Australia, and Russia have led global uranium production, meeting the majority of ...