September 2021

Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Permian business to ConocoPhillips, a leading shales developer in the basin, for $9.5 billion in cash.

The Golmud Wutumeiren solar-plus-storage project has entered construction in Golmud, in Qinghai province (China).

Brent fell 61 cents, or 0.8%, to $74.73 a barrel, WTI fell 66 cents, or 0.9%, to $71.31 a barrel.

Gazprom was a reliable supplier "no mater how the cold winter, no matter how harsh the conditions."

Russia is considering developing hydrogen projects based on nuclear, natural gas and renewables, and plans to capitalize on domestic resources, existing energy supply routes, and proximity to potential future consumers in Europe and Asia.

The mentioned effects of low generation from renewable energies and higher consumption led to a significant increase in coal-fired power generation, at least in Germany

India has set an ambitious target of achieving 175 gigawatts (GW) of renewable energy capacity by 2022, which includes 100GW of solar.

France targets 2.4 GW of installed offshore wind capacity by 2023 and between 5.2 GW and 6.2 GW by 2028.

U.S. Rig Count is up 9 from last week to 512, Canada Rig Count is up 11 from last week to 154.

Brent fell 35 cents, or 0.5%, to $75.32 a barrel, WTI were down 42 cents, or 0.6%, at $72.19 a barrel.