The Green Hydrogen Catapult target will require investment of roughly $110 billion and deliver more than 120,000 jobs, according to the groups.

Libya's oil production has undergone a rapid rebound of almost 1 million b/d in the past two months

The ample US shipments come as Chinese petrochemical sector demand for propane feedstock held firm amid high domestic prices of propylene,

The cost of electricity from new nuclear power plants remains stable, yet electricity from the long-term operation of existing plants constitutes the least cost option for low-carbon generation.

Brent rose 11 cents, or 0.2%, to $48.95 a barrel. WTI climbed 9 cents, or 0.2%, to $45.69.

Brent prices will average $49/b in 2021, up from an expected average of $43/b in the fourth quarter of 2020. Brent prices will average $47/b in the first quarter of 2021 and rise to an average of $50/b by the fourth quarter.

“Пик потребления углеводородов, может, уже даже и прошел. Пандемия структурно повлияла на мировую экономику: уже меньше путешествий, пользования транспортом, командировок, но больше видео конференций, заказов через онлайн торговлю. Это уже могло повлиять на структурный уровень потребления углеводородов в мире”.

OPEC+ compliance with its production cuts stayed stable at 100.2%.

Ожидаемый объем недополученных нефтегазовых доходов федерального бюджета прогнозируется в декабре 2020 года в размере 70,1 млрд руб.

По состоянию на 1 декабря 2020 г. объем ФНБ составил 13 457 015,3 млн. рублей, что эквивалентно 177 393,0 млн. долл. США,

Средняя цена на нефть марки Urals в январе-ноябре 2020 года сложилась в размере $41,04 за баррель, в январе-ноябре 2019 года - $63,51 за баррель.

Brent fell 51 cents, or 1.1%, to $48.28 a barrel. WTI fell 45 cents or 1%, to $45.31 a barrel.

In April 2020, the OPEC+ decided to cut their overall crude oil production by 9.7 mb/d over the 1 May 2020 - 30 June 2020 period, in an attempt to reduce the global oversupply and to firm up depressed oil prices in a context of COVID-19 pandemic.

LNG suppliers are continuing to respond to the uptick in demand and prices with the US now exporting at historically high volumes.

The Energy Transition (ET) efficiency for all mankind is the higher, the less its harmful impact to the environment, duration and cost, if the energy needs is satisfied.