May 2021

This will inevitably increase China's demand for natural gas, including LNG, and boost prices for spot LNG cargoes, similar to the demand surge seen in the winter of 2020-21.

In a communique, which Reuters saw and reported on earlier, the Group of Seven nations - the United States, Britain, Canada, France, Germany, Italy and Japan - plus the European Union said "international investments in unabated coal must stop now".

The German federal government published its updated Climate Protection Act on May 12, 2021.

Karachi unit 3 - which like unit 2 is also an 1100 MW Hualong One unit supplied by China National Nuclear Corporation (CNNC) - is expected to generate electricity early next year,

"We are investing in the UK’s most important asset - our workforce - to ensure that our people have the right skills to deliver the low-carbon transition and thrive in the high-value jobs this will create.

Siemens Energy, in collaboration with Dubai Electricity and Water Authority (DEWA) and Expo 2020 Dubai, has inaugurated the first industrial scale, solar-driven green hydrogen facility in the Middle East and North Africa.

"So that the hydrogen produced by electrolysis is low carbon, it is necessary to use electricity that is 'green' - from renewable energy - or 'yellow' - from nuclear power,"

The U.S. is the largest producer of geothermal energy, though its uses and popularity remain low.

U.S. Rig Count is up 2 from last week to 455, Canada Rig Count is down 1 from last week to 58.

Brent fell $1.55, or 2.3%, to settle at $65.11 a barrel. WTI crudeended $1.31, or 2.1%, lower at $62.05 a barrel.