Qatar shut down liquefied natural gas production at the world’s largest export facility after it was targeted in an Iranian drone attack, sending European gas prices surging more than 50% and rattling global energy markets.
Thirty-three nations, including new signatories Senegal and Rwanda, have now committed to a global pledge to triple nuclear power capacity by 2050. The World Nuclear Association suggests this ambitious target of installing about 1,200 gigawatts is achievable if governments fully implement their promises. However, other forecasts indicate meeting this goal will be challenging given current capacity projections.
US liquefied natural gas exports have extended a record-breaking run as new projects increased production, a trend that could help to ease high prices in Europe and Asia.
After languishing at historical lows for the better part of the last decade, uranium suddenly came back from the dead.