March 2021

The Sofia wind farm will be located 195 kilometres (121.2 miles) off the UK’s North East coast in the shallow area of the central North Sea, known as Dogger Bank. Once fully operational, it will be capable of producing electricity for 1.2 million UK homes per year.

"The government of Mozambique has declared the area within a 25 km perimeter surrounding the Mozambique LNG project as a special security area," Total said in a statement.

Brent slid 77 cents, or 1.2%, to $63.64 a barrel. WTI dropped by 87 cents, or 1.4%, to $60.31 a barrel.

"There is no bigger opportunity in front of us than rebuilding the world's energy system around carbon-free sources," Korsnick said, adding that there is "no more debate about the need for swift action".

“We are highly concerned that the Member State’s right to choose between different energy sources and the right to determine the general structure of the energy supply is currently heavily limited by EU policy making, which excludes nuclear power from more and more policies,” they said.

The Shanghai Composite index finished down 0.1% at 3,363.59 points. The blue-chip CSI300 index edged just 0.05% lower

U.S. commercial crude oil inventories increased by 1.9 million barrels to 502.7 million barrels.

Indonesia has a total capacity of 67 GW (end of 2019), distributed as follows: 52% coal, 27% gas, 10% oil, 8% hydroelectricity, and 3% geothermal.

Overall, the company plans to invest US$2.7bn in 2021 (+73% compared with a previous plan), of which 80% will be aimed at boosting oil and gas production in its fields,

Brent rose 8 cents, or 0.1%, to $60.87 a barrel. WTI rose 8 cents, or 0.1%, to $60.87 a barrel.