February 2022

U.S. commercial crude oil inventories increased by 1.1 million barrels from the previous week to 411.5 million barrels.

Brent was down $1.26, or 1.3%, at $93.55 a barrel, WTI was down $1.34, or 1.4%, at $92.32.

В вопросах взаимодействия в сфере электроэнергетики стороны отметили большой потенциал для дальнейшего сотрудничества в нефтегазовом секторе и в области возобновляемых источников энергии.

Франция остаётся историческим и стратегическим партнёром России в Европе, где энергетика играет одну из ключевых связующих ролей, отметил Александр Новак.

«Сегодня важно диверсифицировать традиционное энергетическое сотрудничество с ориентиром на его «озеленение». Приглашаю японских инвесторов принять участие в развитии водородных кластеров в России», – отметил Максим Решетников.

Russia sees the decision of the European Commission to classify nuclear energy and gas as clean energy sources as "important" and expects it to come into force in the next six months, Novak said.

U.S. crude oil production will increase to 12.0 million b/d in 2022, up 760,000 b/d from 2021.

“Clean hydrogen is key to cleaning up American manufacturing and slashing emissions from carbon-intensive materials like steel and cement while creating good-paying jobs for American workers,” said U.S. Secretary of Energy Jennifer M. Granholm. “We're seeking feedback from the American public on how to make scaling up this clean, affordable energy source a reality for the United States.”

Sweden targets 120 TWh of power generation at sea, which would cover most of its current electricity consumption (around 140 TWh/year).

The lodged offers represent over AUD 100 billion (USD 71.7bn/EUR 63bn) of potential investment in 24 solar parks, 13 onshore and seven offshore wind farms, 35 large-scale batteries and eight pumped hydro plants. It is estimated that these projects have the potential to deliver more than 100,000 GWh of total electricity per year.