Australia is seeing a rapid rise in the addition of solar power and has over 80 hydrogen projects planned, with renewable energy-based schemes outnumbering blue hydrogen schemes.

Brent was down 55 cents, or 0.6%, at $85.44 a barrel, WTI dropped 56 cents, or 0.7%, to $83.20.

Как отметил Александр Новак, благодаря совместным усилиям Саудовской Аравии и России на протяжении уже нескольких лет удаётся обеспечивать устойчивый баланс между спросом и предложением на нефтяном рынке.

Запасы угля в России превышают 400 миллиардов тонн. Этого нам хватит на очень долгий период. При современном уровне добычи – приблизительно на 350 лет.

"For example," said Grabchak, "a project for the construction of a Primorsky nuclear power plant is being worked out today." He did not give any further details, but said that President Vladimir Putin had instructed officials to update plans for both nuclear and hydro development by the end of this year.

In the third quarter of 2021, the Government Pension Fund Global returned 0.1 percent, equivalent to 31 billion kroner.

Saudi Arabia also intends to develop carbon capture use and storage (CCUS), and to reduce global methane emissions in 2030 by 30% relative to 2020 levels. It will focus on energy efficiency in industry, building and land transportation and plans to retrofit the entire pool of public and governmental assets and facilities.

As of end-2020, China had nearly 282 GW of installed wind capacity, and over 253 GW of solar capacity.

Australia's adoption of a net zero emissions target is significant as it is one of the largest producers and exporters of fossil fuels and falling in line with the UN mandated net zero pledge would signal there could be tighter regulations on emissions reduction.

Brent increased 56 cents, or 0.7%, to $86.09 a barrel, WTI rose 62 cents, or 0.7%, to $84.38 a barrel.