The city council in Austin, Texas is on the verge of signing on to the Fossil Fuel Non-Proliferation Treaty (FFNPT), a global campaign calling on countries to phase out fossil fuel production and help communities make the transition to a renewable energy economy.

Owners and operators of U.S. civilian nuclear power reactors (civilian owner/operators, or COOs) purchased a total of 40.5 million pounds U3O8e (equivalent) of deliveries from U.S. suppliers and foreign suppliers during 2022,

U.S. commercial crude oil inventories increased by 7.9 million barrels to 467.1 million barrels.

Brent dropped 35 cents, or 0.5%, to $75.61 a barrel, WTI eased 35 cents, or 0.5%, to $70.94.

Страны-участницы договорились о корректировке уровня добычи нефти с 1 января по 31 декабря 2024 года до 40,46 млн баррелей в сутки.

Adjust the level of overall crude oil production for OPEC and non-OPEC Participating Countries in the DoC to 40.46 mb/d, starting 1 January 2024 until 31 December 2024, which is to be distributed as per the attached table.

«Реализация поставленной Президентом задачи по достижению углеродной нейтральности к 2060 году невозможна без сбалансированного развития всех видов генерации, которое, в свою очередь, позволяет избежать дефицита мощности, ценовых скачков, оптимально использовать местные энергетические ресурсы», – подчеркнул Андрей Максимов.

The Brent crude oil spot price will average $79 per barrel (b) in the second half of 2023 (2H23) and $84/b in 2024.

The kingdom’s energy minister Prince Abdulaziz bin Salman, Opec’s de facto leader, made the move as part of a deal in which several weaker African members will have quotas reduced from next year.

As the energy transition/energy addition continues, many changes are occurring that will impact the performance of grid reliability.