The Neutral Zone fields, which lie in onshore and offshore territory shared by Saudi Arabia and Kuwait at their border, were offline for more than four years until 2020, due to a political dispute that was resolved with a signing of an agreement in December 2019.

Among the 17 Sustainable Development Goals (SDGs) of the 2030 Agenda made by the United Nations (UN), there is the objective of ensuring reliable, sustainable, modern, and affordable access to clean energy for all.

U.S. Rig Count is up 7 from last week to 576, Canada Rig Count is down 3 from last week to 177.

The framework agreement was signed in Moscow today by Rosatom Overseas President Yevgeny Pakermanov and Nenad Popović, Serbian Minister without Portfolio in charge of Innovation and Technological Development and president of the Intergovernmental Committee for Cooperation with Russia.

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.

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.