The agreement between Iran and world powers lifted sanctions against Tehran in exchange for restrictions on its atomic activities.

Brazil's electricity demand increased by 4.1% in 2021 to an average of 64.7 GW, according to Cámara de Comercialização de Energia Elétrica (CCEE).

The plant is designed to utilise 6 million tonnes of low rank coal to produce 1.4 tonnes of dimethyl ether (DME) annually, which can reduce Indonesia's LPG import by 1 million tonnes per year,

U.S. Rig Count is up 3 from last week to 604, Canada Rig Count is up 21 from last week to 212.

Brent were down $1.00, or 1.1%, to $87.38 a barrel, WTI slid $1.16, or 1.4%, to $84.39 a barrel.

ROSATOM and the Department of Energy (DOE) of the Republic of the Philippines presented a joint action plan to elaborate nuclear power plants (NPP) using the Small Modular Reactor (SMR) technology through a Pre-Feasibility study.

Propane imports fell 11.5% month on month to 1.46 million mt in December, which was partially offset by butane imports rising 9.6% over the same period to 416,006 mt,

“Fusion energy has the potential to produce a stable, reliable and low-carbon power source that could be critical in a decarbonised energy future. Our involvement will bring together the best of UK and international expertise to solve the challenges associated with fusion energy,”

To make lasting progress, carbon transition policy must be tailored to each country’s needs and dynamics while addressing the limitations of renewable energy like intermittency and lack of storage.

The exchange between the public and private sector industry experts in Canada and the UAE provided an unprecedented opportunity to discuss the recent developments, challenges, and opportunities in hydrogen and decarbonisation in Canada, the UAE, and wider MENA region, and to forge future partnerships.

OKG has long operated a facility at the Oskarshamn site which uses electricity from the power plant to produce hydrogen through the electrolysis of water.

Private sector firms in Saudi Arabia will be encouraged to import hydrogen-powered vehicles as part of the Kingdom's green iniative

U.S. commercial crude oil inventories increased by 0.5 million barrels from the previous week to 413.8 million barrels.

Brent were down 39 cents, or 0.4%, at $88.05 a barrel, WTI were down 29 cents, or 0.3%, at $86.67 a barrel.

World oil demand was seen rising by 5.5 million b/d in 2021 and by 3.3 million b/d in 2022, the IEA said, surpassing its pre-pandemic levels by 200,000 b/d to 99.7 million b/d.