Total nonfarm payroll employment declined by 140,000 in December, and the unemployment rate was unchanged at 6.7 percent

Combined, they accounted for almost 71% (14,734 MW) of the 20,803 MW of new utility-scale capacity reported to have been added thus far in 2020. Year-to-date, wind (8,042 MW) and solar (6,485 MW) have each contributed more new generating capacity than has natural gas (6,039 MW).

There are three primary keys to achieving climate goals: decarbonisation, decentralisation and digitalisation.

Pouyanne said the investment budget for electricity and renewables would surpass $2 billion in 2021.

U.S. Rig Count is up 9 from last week to 360, Canada Rig Count is up 58 from last week to 117.

Brent climbed 83 cents, or 1.5%, to $55.21 a barrel. WTI gained 66 cents, or 1.3%, to $51.49.

Global economic output is expected to expand 4 percent in 2021 but still remain more than 5 percent below its pre-pandemic trend.

Europe’s Euro STOXX 600 opened up 0.7%, with Frankfurt’s index up 0.8% after German industrial output and exports rose in November.

Chinese natural gas demand to reach 360 Bcm in 2021, up 8.4% from an estimated 332 Bcm in 2020. It was at 313 Bcm in 2019.

U.S. commercial crude oil inventories decreased by 8.0 million barrels to 485.5 million barrels.

Iraq had a 3.804 million b/d quota for December under the OPEC+ deal.

U.S. exports of liquefied natural gas (LNG) set a new record in December after a record-breaking November 2020, averaging 9.8 billion cubic feet per day (Bcf/d),

the U.S. goods and services deficit was $68.1 billion in November, up $5.0 billion from $63.1 billion in October

There are several new undersea power cable interconnector projects about to become operational across Europe. These high-voltage direct-current (HVDC) projects will enable significant transfers of renewable energy.

Micro-grids find niches where existing service is poor, non-existent and/or expensive