The growing emphasis on ESG is a key component in the upstream oil and gas industry.

Total nonfarm payroll employment increased by 315,000 in August, and the unemployment rate rose to 3.7 percent, the U.S. Bureau of Labor Statistics reported

The Worldwide Rig Count for August was 1,825, up 50 from the 1,775 counted in July 2022,and up 391 from the 1,434 counted in August 2021.

U.S. Rig Count is down 5 from last week to 760, Canada Rig Count is up 7 from last week to 208.

Brent settled down $3.28 at $92.36 a barrel, WTI fell $2.94, or 3.3%, to $86.61 per barrel.

The length of the barge under construction in China will be 140 metres and the width 30 metres. The weight of the hull without equipment will be 9,549 tons and with equipment 19,088 tons. It is planned that the hull will be delivered to Russia by the end of 2023 for the completion and installation of the reactors and other equipment.

Средняя цена на нефть марки Urals в январе-августе 2022 года сложилась в размере $82,13 за баррель, в январе-августе 2021 года – $65,10 за баррель.

This is part of the GBP1.7 billion of new direct government funding to develop a large-scale nuclear project announced in October.

Brent fell $2.10, or 2.2%, to $93.54 a barrel, WTI slid $1.86, or 2.1%, to $87.69 a barrel.

India has emerged as a key buyer of Russian energy in the wake of the invasion, scooping up millions of barrels of discounted crude shunned by Europe and the US.