Found: 52

What Is Uranium and Why Is It So Important?

... depend on nuclear power and have advanced nuclear industries. In an era of rising global demand for clean energy, uranium remains a critical component of reliable energy supply. Significant reserves and advanced mining infrastructure bolster energy independence and increase the geopolitical influence of uranium-producing nations. Uranium Reserves in Russia Russia ranks among the top uranium reserve holders and maintains domestic production for both domestic use and export. Estimated to hold about ...

Energy Sector News, Monday, July 28, 2025: Brent around $70, EU gas reserves near 70%, gasoline export ban

... increase in prices for gasoline and diesel fuel. In July, exchange prices for automotive gasoline at the Saint Petersburg International Commodity and Raw Materials Exchange peaked (Grade AI-95 exceeded 75,000 rubles/ton), putting additional pressure on independent gas stations and consumers. Causes include a combination of seasonal factors—high summer demand from farmers and tourists—and supply constraints. Several refineries ( refineries ) halted operations for scheduled repairs in June and July,...

Can the EU Replace Russian LNG with American? Realities, Benefits, and Risks for the European Market

... Risks for the European Market The recent statement from European Commission President Ursula von der Leyen on potentially replacing Russian liquefied natural gas (LNG) with American sources has reignited discussions on Europe’s energy security and independence. While the EU aims to diversify its gas sources and reduce reliance on Russian energy, how feasible is this goal? In this article, we’ll explore the opportunities and challenges of such a shift, analyzing the technical, economic, and logistical ...

Energy Market News – Tuesday, July 29, 2025: Brent around $70 amid US-EU deal, gas reserves in Europe, gasoline export ban in Russia

... the US – the total volume of contracts is estimated at an enormous $750 billion over the coming years. The main goal is to fully replace oil and gas supplies from Russia with American imports by the end of 2027, thereby ensuring Europe’s energy independence from Russia. All EU countries have agreed to open their markets to the US and establish a unified customs tariff of 15% on most goods. This decision allowed for the avoidance of a trade war – earlier, Washington threatened to increase tariffs ...

The U.S. Fails to Meet LNG Contracts with Europe: What This Means for Europe’s Energy Security

... diversifying energy sources, strengthening internal infrastructure, and negotiating more secure contract terms, Europe can protect itself against market fluctuations and maintain a more stable energy environment. As the continent seeks long-term energy independence, these measures will be crucial for building a resilient and sustainable energy future.