September 2020
![September 2020](/cache/09-20/opec-147.1da2b5e6.jpg)
2020, September, 11, 12:20:00
OPEC+ PRODUCTION CUT
The OPEC+ agreement called for a decrease in crude oil output by a combined 9.7 million b/d in May and June, a combined decrease of 9.6 million b/d in July 2020, and a combined decrease of 7.7 million b/d in August
![September 2020](/cache/09-20/iraq-84.107540d9.jpg)
2020, September, 11, 12:15:00
IRAQ OIL PRODUCTION DOWN
Iraq's habitual non-compliance with its production quota has been a sore point within the OPEC+ alliance, with Saudi Arabia, Russia and others pressuring Iraq to improve its performance.
![September 2020](/cache/09-20/climate-25.c641fbab.jpg)
2020, September, 11, 12:15:00
GLOBAL C02 EMISSIONS UPDOWN
global CO2 emissions from energy combustion increased by 0.9% to 38 GtCO2 in 2019
![September 2020](/cache/09-20/nuclear-342.e43fd803.jpg)
2020, September, 11, 12:10:00
NUCLEAR POWER: IMPORTANT ROLE
IEA analysis "clearly shows", he said, that nuclear power has an important role and makes the energy transition "more cost effective and more energy secure".
![September 2020](/cache/09-20/nuclear-341.eb502584.jpg)
2020, September, 11, 12:05:00
NUCLEAR POWER: TREMENDOUS OPPORTUNITY
That's why I think nuclear has a tremendous opportunity. There is simply not another energy technology before us today that can do the things that nuclear can do.
![September 2020](/cache/09-20/climate-24.bcf242f7.jpg)
2020, September, 11, 12:00:00
THE NEW EUROPE'S CLIMATE TARGET
Both the European Parliament and the EU Council of ministers, representing national governments, will have to agree on a new 2030 CO2 target before it can become binding.
![September 2020](/cache/09-20/hydrogen-31.d000f128.jpg)
2020, September, 11, 11:55:00
FRANCE'S HYDROGEN PRIORITIES
France's government defined three hydrogen priorities.
![September 2020](/cache/09-20/price-704.2c7b6934.jpg)
2020, September, 10, 15:00:00
OIL PRICE: NOT BELOW $40 ANEW
Brent fell 53 cents to $40.26 a barrel, WTI dipped 61 cents to $37.44 a barrel
![September 2020](/cache/09-20/oil-46.95222ef7.jpg)
2020, September, 10, 14:55:00
GLOBAL PETROLEUM CONSUMPTION WILL UP BY 6.5 MBD
EIA forecasts that consumption of petroleum and liquid fuels globally will average 93.1 million b/d for all of 2020, down 8.3 million b/d from 2019, before increasing by 6.5 million b/d in 2021.
![September 2020](/cache/09-20/renewable-118.9fa234a0.jpg)
2020, September, 10, 14:50:00
ASIA'S INVESTMENT OPPORTUNITY $1 TLN
Renewable energy represent a $1tn (€850bn) investment opportunity in Asia Pacific through 2030,