The Worldwide Rig Count for February was 1,669, up 37 from the 1,632 counted in January 2022,and up 399 from the 1,270 counted in February 2021.

U.S. Rig Count is unchanged from last week at 650, Canada Rig Count is down 7 from last week to 217.

During the conversation, it was noted with satisfaction that OPEC+ member countries are consistently fulfilling their obligations to help ensure stability on the global oil market. Russia and Saudi Arabia will continue to coordinate approaches within this format.

The Northeast Asia thermal coal price assessment 5,750 NAR rose $28.23 on the session to $248.63/mt.

The executive order mandates the Department of Energy (DOE) to develop and implement the Nuclear Energy Programme as part of the Philippine Energy Plan,

ExxonMobil operates the Sakhalin-1 project on behalf of an international consortium of Japanese, Indian and Russian companies.

Reconfirm the production adjustment plan and the monthly production adjustment mechanism approved at the 19th Ministerial Meeting and the decision to adjust upward the monthly overall production by 0.4 mb/d for the month of April 2022, as per the attached schedule.

Russia has informed the International Atomic Energy Agency (IAEA) that its military forces have taken control of the territory around Ukraine’s Zaporizhzhia Nuclear Power Plant (NPP),

Engie said it would comply with any European sanctions that could potentially affect Russian gas supplies to Europe, but warned of the major impact such a move would have on the market.

Shares in oil giant Aramco touched the highest level in its history of SR43.1 ($11.5) on Wednesday, propelled by a rally in the energy market.