The promise of abundant, clean, and cheap energy has been a staple of sci-fi forever, but a breakthrough by scientists at a US laboratory could make that dream a reality. 

What happened: A team of researchers at California’s Lawrence Livermore National Laboratory generated a net energy gain in recent fusion experiments, per the Financial Times. 

Western efforts to starve Russia of its oil revenue kick into a new gear today with a double-pronged attack on its energy exports. 

Driving the news: A European ban on the seaborne import of Russian oil came into effect today, along with a G7-imposed price cap meant to stop other countries from buying Russian oil at high prices.

For the first time in Canadian history, the RCMP has laid down charges for economic espionage, in a story that feels ripped from the pages of a paperback spy thriller.

Remember when Europe faced those “unprecedented risks” to its natural gas supply earlier this month? That was then. Now, the continent is basically swimming in it.

You can definitely call it a comeback: Nuclear power is back in vogue.

Canada-based Cameco and Brookfield Asset Management’s renewables division have buddied up to buy nuclear company Westinghouse Electric for US$7.9 billion amid a global frenzy to find climate-friendly alternatives to Russian energy, per The Wall Street Journal. 

OPEC+, the Saudi-led energy cartel that accounts for 40% of the world’s oil supply, will cut its collective output by an amount that roughly amounts to 2% of global output.

European energy executives are doing a little too well these days. 

That is, if you ask European Commission President Ursula von der Leyen, who wants to make them pay up as part of a plan to bring down electricity costs. 

After a brief dip last month, natural gas prices in Europe are surging (again) and sending inflation soaring across the region. 

According to the European Commission (EC), fixing prices could be an answer. 

G7 nations have agreed to impose a cap on the price of Russian oil imports, despite Russian threats to cut off cold turkey any country that tries to mess with its energy business.

Germany’s chancellor Olaf Scholz has touched down in Canada and is ready to make an energy deal that absolutely does not include Russia.