The steep rise in European gas prices has been driven by a combination of a strong recovery in demand and tighter-than-expected supply, as well as several weather-related factors.

Global energy consumption will increase nearly 50% over the next 30 years.

In December 2020, the UK government published its Energy White Paper, which identified nuclear power as a way to help the country achieve the four-fold increase in clean electricity generation needed to achieve its net-zero target by 2050.

The Arizona project, which is led by PNW Hydrogen LLC, will progress DOE's H2@Scale multi-sector clean hydrogen initiative and help it to reach its Hydrogen Shot goal to reduce the cost of clean hydrogen by 80% to USD1 per kilogram within a decade,

U.S. Rig Count is up 5 from last week to 533 , Canada Rig Count is up 2 from last week to 167.

Brent jumped 93 cents, or 1.1%, to $82.88 a barrel. WTI jumped 93 cents, or 1.1%, to $82.88 a barrel.

Reconfirmed the production adjustment plan and the monthly production adjustment mechanism approved at the 19th OPEC and non-OPEC Ministerial Meeting and the decision to adjust upward the monthly overall production by 0.4 mb/d for the month of November 2021, as per the attached schedule.

Gazprom increased gas supplies to Turkey (+138.3 per cent), Germany (+33.2 per cent), Italy (+14.2 per cent), Romania (+305.6 per cent), Serbia (+125.2 per cent), Poland (+11.2 per cent), Bulgaria (+52.5 per cent), Greece (+10.8 per cent), and Finland (+17.5 per cent).

Hungary and Croatia started receiving Russian natural gas via a new route: the gas is supplied by the TurkStream gas pipeline and further across the national gas transmission systems of Bulgaria, Serbia, and Hungary.

Global reactor capacity would need to increase threefold by 2050 to meet global net-zero emission targets.