State-run oil giant Rosneft signed a 10-year supply deal with China's CNPC for supplies of 100 million mt, or 200,821 b/d, of crude. Russia's Gazprom signed a 10 Bcm/year gas supply deal with CNPC which will see Gazprom's pipeline supplies to China reach 48 Bcm.

“This is already a second contract to be signed for Russian gas supplies to China, and it is indicative of the exceptionally strong mutual trust and partnership between our countries and companies. Our Chinese partners from CNPC have already seen for themselves that Gazprom is a reliable gas supplier,” said Alexey Miller.

Under the new arrangements running until 2026, the IAEA and the AU will work together in the areas of human health and nutrition, food and agriculture, water and the environment, industrial applications of nuclear technology, energy planning and nuclear power, radiation safety and nuclear security.

OCNI is an association of 240 Canadian suppliers to the nuclear industry. The Ukraine state enterprise Energoatom operates four nuclear power plants with 15 power units.

Today, the Bureau of Labor Statistics reported that the American economy added 467,000 jobs in the month of January, and the unemployment rate was 4.0 percent, not significantly changed from December.

Utsira Nord has an offshore wind potential of 1.5 GW (the other area, Sørlige Nordsjø II, has a potential of 3 GW).

The Worldwide Rig Count for January was 1,632, up 69 from the 1,563 counted in December 2021,and up 449 from the 1,183 counted in January 2021.

U.S. Rig Count is up 3 from last week to 613 , Canada Rig Count is up 1 from last week to 218.

Brent was up 47 cents/b (0.52%) from the previous close at $91.58/b, WTI rose 63 cents/b (0.7%) at $90.90/b.

"Aside from a few additional Bcms which could be squeezed out of (mainly LNG) exporters -- probably only on an emergency basis -- there is no substantial, immediately available gas which could compensate for any significant interruption of Russian gas supplies,"