Preliminary production figures for March 2021 show an average daily production of 2 094 000 barrels of oil, NGL and condensate.

Situated in the city of Lianyungang in China’s Jiangsu province, the Tianwan nuclear power plant is the biggest example of Russian-Chinese economic cooperation, Rosatom said.

US President Joe Biden entered the White House with the pipeline already nearly finished, leaving him with the decision of upsetting Germany or giving a win to Russian President Vladimir Putin.

The Russian physicist Lev Artsimovich once said, “Fusion will be ready when society needs it.” Ideally, we would have solved fusion 30 years ago and today it would be ready to roll out. But conditions in the past weren’t right for fusion, and there wasn’t the right kind of drive or possibility for it.

U.S. commercial crude oil inventories increased by 1.3 million barrels from the previous week to 486.0 million barrels.

A good Gap Up from the previous weeks closing price at 3.00379 saw a huge spike towards the 3.08 handle bringing about more bullish price action momentum towards yesterday's(May17th) peak price at 3.18093.

Total industrial production increased 0.7 percent in April. The indexes for mining and utilities increased 0.7 percent and 2.6 percent, respectively; the index for manufacturing rose 0.4 percent despite a drop in motor vehicle assemblies that principally resulted from shortages of semiconductors.

Saudi Arabia is aiming to generate 50 percent of its energy from renewables by 2030, with the remainder provided by gas.

Crude oil production from the major US onshore regions is forecast to increase 26,000 b/d month-over-month in June 2021 from 7,707 to 7,733 thousand barrels/day, gas production to decrease 53 million cubic feet/day from 83,624 to 83,571 million cubic feet/day .

global investments in energy transition technologies need to more than double to $4 trillion annually until 2050, from $1.8 trillion in 2019,