Shipments of Russian crude to the US in 2021 averaged 202,000 b/d, the highest in 11 years. Most of these imports consist of Russian export grades, such as Urals, ESPO Blend and Varandey.

The agreement between Iran and world powers lifted sanctions against Tehran in exchange for restrictions on its atomic activities.

Brazil's electricity demand increased by 4.1% in 2021 to an average of 64.7 GW, according to Cámara de Comercialização de Energia Elétrica (CCEE).

The plant is designed to utilise 6 million tonnes of low rank coal to produce 1.4 tonnes of dimethyl ether (DME) annually, which can reduce Indonesia's LPG import by 1 million tonnes per year,

U.S. Rig Count is up 3 from last week to 604, Canada Rig Count is up 21 from last week to 212.

Brent were down $1.00, or 1.1%, to $87.38 a barrel, WTI slid $1.16, or 1.4%, to $84.39 a barrel.

В рамках Дня атомных станций малой мощности (АСММ) на выставке «ЭКСПО-2022» в Дубае Росатом и Министерство энергетики Филиппин объявили о подписании совместного плана и технического задания на проведение предварительного технико-экономического обоснования реализации проекта АСММ на территории Республики.

Propane imports fell 11.5% month on month to 1.46 million mt in December, which was partially offset by butane imports rising 9.6% over the same period to 416,006 mt,

“Fusion energy has the potential to produce a stable, reliable and low-carbon power source that could be critical in a decarbonised energy future. Our involvement will bring together the best of UK and international expertise to solve the challenges associated with fusion energy,”

To make lasting progress, carbon transition policy must be tailored to each country’s needs and dynamics while addressing the limitations of renewable energy like intermittency and lack of storage.