Energy topped the agenda at the brief summit, but discussion between the leaders also touched on climate change, defense and the situation in the Middle East.
Blair has recently suggested that Britain consider building a new generation of nuclear power plants. The prime minister's proposal raised hackles in Britain, with critics noting that the country hasn't yet figured out what do with the nuclear waste it already had, but France, which relies heavily on nuclear energy, hailed the proposal.
The leaders called for a long-term vision and for better dialogue between the EU countries that produce energy and those that buy it, proposing an energy group to meet during energy crisis situations, the AP reports.
The leaders reiterated their position on the Middle East peace process, saying that the Palestinians' Hamas-led government must recognize Israel and renounce terrorism.
Russian President Vladimir Putin, in his speech dedicated to the Day of the Russian Navy, recalled the threats that Russia is currently facing from a number of countries.