Preliminary production figures for August 2022 show an average daily production of 1 998 000 barrels of oil, NGL and condensate.

The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 3 to 3-1/4 percent and anticipates that ongoing increases in the target range will be appropriate.

Brent was up $1.49, or 1.8%, to $85.55 a barrel, WTI was up $1.37, or 1.8%, at $78.08.

Для достижения целей устойчивого развития и обеспечения справедливого энергетического перехода наши страны заинтересованы в стабильности мировых энергетических рынков, свободном движении капитала, технологий и в целом в обеспечении глобальной энергетической безопасности.

При этом одной из наиболее активно развивающихся за последнее время сфер взаимодействия стала энергетика, подчеркнул Павел Сорокин.

The share of imports from Russia has likely risen because of lower imports into China and shifting trade patterns following Russia’s full-scale invasion of Ukraine. Western economic sanctions have reduced demand for Russian crude oil, and as a result, have left Russia to look for alternative export destinations.

The European Commission has approved state aid worth €5.2bn for a second wave of hydrogen related Important Projects of Common European Interest (IPCEI), helping to reduce dependence on natural gas and accelerate the hydrogen economy.

The SBSP system would cost 33.4 billion euros to build and 31.1 billion euros to operate for 30 years, in case of medium technological advances.

Smart energy systems are the future of clean energy. Apart from AI, technologies such as ML and blockchain in the energy sector also significantly impact the shift toward sustainable energy.

U.S. Rig Count is up 1 from last week to 764, Canada Rig Count is up 4 from last week to 215