“Together, OPEC and GECF can count on their respective competencies to ensure that the global economy heals after the devastation of coronavirus and that a reliable and secure energy supply serves humanity like never before,”

The continued deployment of smart appliances for grids, buildings, and e-mobility is bringing the physical and digital worlds closer to achieving the delivery of energy at the right place, at the right time and with lower costs and higher efficiencies than today.

ABI research predicts about AR that by 2022, 18$ billion will be the energy and utility sector revenue for Augmented Reality.

The health care, construction and manufacturing industries have seen a record-high exodus of employees. The staggering number of people quitting their jobs has been dubbed the Great Resignation.

The Saudi Arabian Oil Company (“Aramco” or “the Company”) announced its third quarter financial results, recording a 158% year-on-year (YoY) increase in net income to $30.4 billion and declaring a dividend of $18.8 billion to be paid in the fourth quarter.

Third quarter 2021 income attributable to Royal Dutch Shell plc shareholders was a loss of $0.4 billion, which included non-cash charges of $5.2 billion due to the fair value accounting of commodity derivatives and post-tax impairment charges of $0.3 billion, partly offset by net gains on sale of assets of $0.3 billion.

U.S. Rig Count is up 2 from last week to 544, Canada Rig Count is up 2 from last week to 166.

Brent rose 21 cents, or 0.3%, to $84.53 a barrel, WTI added 10 cents, or 0.1%, to $82.91.

Ministers from the Organization of the Petroleum Exporting Countries (OPEC), Russia and their allies - colectively known as OPEC+ - meet on Nov. 4 to decide output policy.

Amid strong demand, Gazprom has substantially expanded its gas production: over the past 9.5 months of 2021, it went up by 56.7 billion cubic meters (or 16.6 per cent) against the same period of last year.