Bechtel and Westinghouse are preparing a front-end engineering design (FEED) for a plant on a site chosen by Poland on the Baltic Sea coast, for the Polish Nuclear Power Plant programme. The FEED is partially funded by a grant from the US Trade and Development Agency.

The Board of Shell plc (“Shell”) announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility, its 50 percent stake in the Salym Petroleum Development and the Gydan energy venture. Shell also intends to end its involvement in the Nord Stream 2 pipeline project.

The Tunisian government is working on a national strategy for solar power generation and aims to reach 3,815 MW of installed solar capacity by 2030,

Brent ose $4.16, or 4.3%, to $102.09, WTI was up $4.19, or 4.6%, at $95.78 a barrel.

Saudi Arabia remains committed to OPEC+ agreement, Crown Prince Mohammed bin Salman told French President Emmanuel Macron Feb. 27, in an endorsement for the bloc's alliance with Russia amid that nation's invasion of Ukraine.

По словам Александра Новака, Судан является важным партнёром России на Африканском континенте. «У нас есть значительный потенциал для гармоничного диалога, развития сотрудничества в торгово-экономической и инвестиционной сферах, продвижении новых проектов, в том числе в сфере энергетики», – добавил он.

In response to the tougher sanctions, Russian President Vladimir Putin on Feb. 27 ordered nuclear deterrent forces on high alert, further escalating tension.

The challenges are immense for the United States related to: raw material availability; manufacturing capacity; dependence on foreign supplies; worker training; global trade practices; cybersecurity; and research and data analysis needed to create the clean energy economy we need.

The consortium has acquired 49% stake in Aramco Gas Pipelines Company, a subsidiary of Aramco, for $15.5 billion.

The bp board announced that bp will exit its shareholding in Rosneft. bp has held a 19.75% shareholding in Rosneft since 2013.

Equinor's (OSE: EQNR, NYSE: EQNR) Board of Directors has decided to stop new investments into Russia, and to start the process of exiting Equinor’s Russian Joint Ventures.

Norway's $1.3 trillion sovereign wealth fund will pull out of all investments in Russia because of its invasion of Ukraine, the Norwegian government said Feb. 27.

11 GW of new wind capacity was added in the 27 EU countries in 2021

Norway and the European Union have reiterated their commitments to reduce greenhouse gas (GHG) emissions in a coordinated manner by at least 55% by 2030 (compared to 1990), with the objective to achieve climate neutrality by 2050.

U.S. Rig Count is up 5 from last week to 650, Canada Rig Count is up 4 from last week to 224.