Iraq, OPEC's second largest producer, has a January quota of 4.281 million b/d.

Libya's crude production averaged around 1.11 million b/d in 2021, compared with 360,000 b/d and 1.05 million b/d in 2020 and 2019 respectively.

In 2022, we expect 46.1 gigawatts (GW) of new utility-scale electric generating capacity to be added to the U.S. power grid,

The share of renewables in the power mix declined from 48% in 2020 to less than 43% in 2021, with 23% of wind, 9% of solar and 11% of biomass, hydropower and other renewables.

Overall, renewables accounted for nearly 47% of the country's power generation in 2021 (compared to 44% in 2020), with 23% of wind, 11% of hydro and 10% of solar.

The Worldwide Rig Count for December was 1,563, up 19 from the 1,544 counted in November 2021,and up 459 from the 1,104 counted in December 2020.

U.S. Rig Count is up 2 from last week to 588, Canada Rig Count is up 51 from last week to 141.

Brent rose 24 cents, or 0.3%, to $81.99 a barrel, WTI was up 22 cents, or 0.3%, at $79.12 a barrel.

Reconfirm the production adjustment plan and the monthly production adjustment mechanism approved at the 19th OPEC and non-OPEC Ministerial Meeting and the decision to adjust upward the monthly overall production by 0.4 mb/d for the month of February 2022.

Solar, wind, and other renewable energy sources (i.e., biomass, geothermal, hydropower) are now adding more than 2,250 megawatts (MW) of new generating capacity each month.

Solar Asset Management is the comprehensive scope of work which ensures, that planned and modelled financial and technical returns happen at levels expected of the investment.

Brent fell 24 cents, or 0.3%, to $75.90 a barrel, WTI were down 97 cents, or 1.3%, at $72.82 a barrel .

With Russia nearing its maximum capacity and Nigeria, Angola and several other countries struggling to maintain output, OPEC+ sustainable spare capacity will shrink to just 1.2 million b/d by June, lessening the group's ability to offset disruptions.

Over January-November, India's crude imports rose 5.8% year on year to 191.8 million mt, or 4.2 million b/d.

Brent slid 41 cents, or 0.5%, to $76.44 a barrel , U.S. markets are closed on Friday for the Christmas holiday.