Iraq’s total oil exports for August rose to 3.054 million barrels per day (bpd)

Situated in southeast Venezuela, the Orinoco Belt contains some of the largest reserves of crude in the world, but the oil needs dilution and upgrading because of its extremely high viscosities and heavy metal content.

Kuwait has a total capacity of 21.2 GW (end of 2020), which is almost entirely thermal (12.8 GW of gas and 8.3 GW of oil).

India’s electricity capacity amounts to 412 GW (end of 2020), with the following capacity mix: 68% thermal (57% coal, 7% gas, 3% biomass, 1% oil), 12% hydro, 9% wind and solar each, and 1.6% nuclear.

The Petroleum Industry Bill will transform the state-owned Nigerian National Petroleum Company (NNPC) into a limited company,

Ghana had long been dependent on hydro energy for its base load options but the government’s economic growth policies needed stable and reliable energy, “that is what nuclear brings to our energy sector to ensure security, reliability, sustainability and affordable tariffs”.

Gain attributable to the owners of PJSC Gazprom amounted to RUB 968,498 million for the six months ended June 30, 2021.

In the second quarter of 2021, profit attributable to PJSC LUKOIL shareholders amounted to RUB 189.8 bln, which is 20.5% higher quarter-on-quarter.

Brent was down 21 cents or 0.3% at $72.49, WTI fell 50 cents or 0.7% to $68.24.

The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, collectively known as OPEC+, will meet on Sept. 1 to discuss the previously agreed increase of 400,000 barrels per day (bpd) for the next several months.