2020

Corruption and unethical behavior in the energy industry have an international dimension because often projects involve international actors.

With renewable energy making up a staggering 70% of Kenya’s energy mix in 2018 (Onyango, 2018) and as high as 87% as of January 2020, (Zarembka, 2020) one would be curious to see what steps Kenya took to shape its renewable energy landscape and attract private sector investment.

U.S. Rig Count is down 2 from last week to 310 , Canada Rig Count is up 12 from last week to 101

Brent were up 2 cents, or 0.05% at $44.22 a barrel . WTI dipped 4 cents to $41.86 a barrel.

“China will remain committed to openness and cooperation, and adhere to multilateralism and the principle of extensive consultation, joint contribution and shared benefits.”

Saudi Arabia was catching up with Russia which has exported about 1.7 million bpd of oil to China so far in 2020, with Iraq at a third place with about 1.2 million bpd.

Particular attention was paid to the role and significance of natural gas as a green energy source in the context of Europe's decarbonization policy goals.

The pan-European STOXX 600 index rose 0.2% , on track for marginal weekly gains after signs of progress on COVID-19 vaccine pushed the index to February highs earlier this week.

Australian gas exporters argue that their projects are not contingent on Chinese buyers in a growing Asian market.

The strategy says that between 2020 and 2024 the European Commission will support the installation of at least 6 GW of renewable hydrogen electrolysers in the EU, and the production of up to 1 million tonnes of renewable hydrogen.