December 2021
![December 2021](/cache/12-21/uae-007.272f7dcd.jpg)
2021, December, 23, 16:05:00
UAE CARBON INVESTMENT $3.6 BLN
Abu Dhabi National Energy Company (TAQA) and Abu Dhabi National Oil Company (ADNOC) have decided to invest US$3.6bn to decarbonise ADNOC's offshore production operations in the United Arab Emirates (UAE).
![December 2021](/cache/12-21/wind-010.d2ea9db0.jpg)
2021, December, 23, 16:00:00
U.S. WIND PROJECT 2.6 GW
The CVOW project is expected to help Virginia meet the targets of the Virginia Clean Economy Act, which requires the State to have 100% clean energy by 2045. The United States aims to deploy 30 GW of offshore wind by 2030 and to permit at least 25 GW of onshore renewable energy by 2025.
![December 2021](/cache/12-21/usa-048.fdd54ad4.jpg)
2021, December, 23, 15:55:00
U.S. OIL INVENTORIES DOWN BY 4.7 MB TO 423.6 MB
U.S. commercial crude oil inventories decreased by 4.7 million barrels from the previous week to 423.6 million barrels.
![December 2021](/cache/12-21/price-0155.a793abad.jpg)
2021, December, 22, 12:20:00
OIL PRICE: NEAR $74 YET
Brent rose 1 cent, or 0.01%, to $73.99 a barrel, WTI rose 12 cents, or 0.1%, to $71.24 a barrel.
![December 2021](/cache/12-21/price-0146.c8fcd960.jpg)
2021, December, 22, 12:15:00
EUROPEAN GAS PRICES UP
Gas prices continued to soar Dec. 21 across the board with assessing TTF front-month at a record Eur180.30/MWh, up 23% on the days and also doubling since Dec. 6.
![December 2021](/cache/12-21/gazprom-021.1ebb30e9.jpg)
2021, December, 22, 12:10:00
GAZPROM INVESTMENT PROGRAM 2022: $23.5 BLN
Overall amount of Gazprom's investments to be used in 2022: RUB 1,757.7 billion.
Gazprom's borrowings for 2022: RUB 272.789 billion.
![December 2021](/cache/12-21/germany-006.ac65ccad.jpg)
2021, December, 22, 12:05:00
GERMANY'S CO2 EMISSIONS UP
CO2 emissions from power generation thus rose by 13% in 2021, though remaining within the path of the Climate Protection Act.
![December 2021](/cache/12-21/india-027.59709b99.jpg)
2021, December, 22, 12:00:00
RUSSIAN NUCLEAR FOR INDIA
Kudankulam is a long-term strategic project between India and Russia that began with an intergovernmental agreement in 1988.
![December 2021](/cache/12-21/india-028.6463a32a.jpg)
2021, December, 22, 11:55:00
INDIA'S NUCLEAR WILL UP TO 22.5 GW
India's present nuclear power capacity of 6780 MWe is planned to be increased to 22,480 MWe by 2031.
![December 2021](/cache/12-21/norway-026.9b798e8b.jpg)
2021, December, 22, 11:50:00
NORWAY OIL, GAS PRODUCTION 1.999 MBD
Preliminary production figures for November 2021 show an average daily production of 1 999 000 barrels of oil, NGL and condensate.