August 2021

Preliminary production figures for July 2021 show an average daily production of 2 035 000 barrels of oil, NGL and condensate.

The reported net profit after tax of US$354 million includes net gains on asset sales and is significantly higher than the corresponding period mainly due to impairments included in the previous half-year result.

U.S. Rig Count is up 3 from last week to 503, Canada Rig Count is down 8 from last week to 156.

Brent dropped 9 cents, or 0.1%, to $70.96 a barrel, WTI fell 19 cents, or 0.3%, to $67.35.

The report projects that in the coming decades climate changes will increase in all regions. For 1.5°C of global warming, there will be increasing heat waves, longer warm seasons and shorter cold seasons. At 2°C of global warming, heat extremes would more often reach critical tolerance thresholds for agriculture and health, the report shows.

A booming, UK-wide hydrogen economy could be worth £900 million and create over 9,000 high-quality jobs by 2030, potentially rising to 100,000 jobs and worth up to £13 billion by 2050.

Argentina's nuclear sector has three PHWRs with a total generating capacity of 1641 MWe across the Atucha I, Atucha II and Embalse power plants.

Belgium's nuclear phase out is based on legislation passed in 2003 that prohibited the building of new reactors and the service lives of existing ones to 40 years.

The Solar Energy Corporation of India (SECI) awarded 1,350 MW as part of the Tranche IV auction for 1,200 MW interstate transmissions system (ISTS)-connected wind-solar hybrid power projects on a build, own and operated basis (India).

Nigeria has been seeking to pass the bill since 2008 but failed to do it in three occasions: 2009, 2012 and 2018.