Iraq's OPEC+ quota rose to 4.193 million b/d last month, from 4.149 million b/d in October, as the coalition continued to raise production caps.

The carbon benchmark hit a fresh record of 90.75 euros on Wednesday.

OMV Petrom plans to invest €11bn by 2030, with over 35% going to low and zero-carbon opportunities.

U.S. commercial crude oil inventories decreased by 0.2 million barrels from the previous week to 432.9 million barrels.

Brent rose 39 cents, or 0.5%, to $76.22 a barrel, WTI rose 48 cents, or 0.7%, to $72.84 a barrel.

Павел Сниккарс напомнил, что порядка 40% электроэнергии в России производятся на основе низкоуглеродных источников, в числе которых в основном АЭС и крупные ГЭС, доля ВИЭ пока относительно мала, но постепенно растёт.

Storage facilities are now only 66% full, a level of depletion they would not normally reach until the middle of January in an average winter.

Korea's National Fusion Research Institute announced in November that plasma operation at 100 million degrees Celsius, an essential requirement for nuclear fusion, successfully continued for 30 seconds during the latest tests at the Korea Superconducting Tokamak Advanced Research (KSTAR) facility.

Commonwealth Fusion Systems (CFS) announced on 1 December that it has closed on more than $1.8 billion in Series B funding to commercialise fusion energy. This includes capital to construct, commission, and operate SPARC, the world’s first commercially relevant net energy fusion machine.

Polish national energy policy calls for the construction of 6 to 9 GWe of installed nuclear capacity based on large-scale pressurised water nuclear reactors, with the first of those units to come online around 2033.