February 2021

Qatar will spend billions of dollars expanding its LNG capacity more than 50% to 126 million tons a year.

Some 150 km of Nord Stream 2 remains to be laid in Danish and German waters, but the threat of US sanctions against companies involved in laying the pipeline has led to long delays in its completion.

Gazprom sold a total of 209.7 Bcm last year across all of its pipeline markets, down from 228.2 Bcm in 2019,

Preliminary production figures for January 2021 show an average daily production of 2 137 000 barrels of oil, NGL and condensate.

Signed in 1994 to protect cross-border investment in the energy sector, the Energy Charter Treaty has faced growing criticism from environmental groups and governments that say it impedes countries’ efforts to phase out fossil fuels.

"Clean energy technologies including advanced nuclear energy are essential to meet mid-century emission reductions goals," NIA Executive Director Judi Greenwald said.

“Space nuclear propulsion technology shows great potential to facilitate the human exploration of Mars. However, significant acceleration in the pace of technology maturation is required if NASA and its partners are to complete this mission within the stated timeline.”

Decarbonising the power sector will not be sufficient to achieving net-zero emissions. We also need to decarbonise the non-power sectors - transport, buildings and industry - which represent 60% of emissions from the energy sector today.

Brent was up 35 cents, or 0.6%, at $63.65 a barrel. WTI was up 35 cents, or 0.6%, at $63.65 a barrel.

The pan-European STOXX 600 was up 0.2% by 0802 GMT, after jumping 1.3% in the previous session to its highest level since February 2020.