Overall, renewables accounted for nearly 47% of the country's power generation in 2021 (compared to 44% in 2020), with 23% of wind, 11% of hydro and 10% of solar.

The Worldwide Rig Count for December was 1,563, up 19 from the 1,544 counted in November 2021,and up 459 from the 1,104 counted in December 2020.

U.S. Rig Count is up 2 from last week to 588, Canada Rig Count is up 51 from last week to 141.

Brent rose 24 cents, or 0.3%, to $81.99 a barrel, WTI was up 22 cents, or 0.3%, at $79.12 a barrel.

Reconfirm the production adjustment plan and the monthly production adjustment mechanism approved at the 19th OPEC and non-OPEC Ministerial Meeting and the decision to adjust upward the monthly overall production by 0.4 mb/d for the month of February 2022.

"it is necessary to recognise that the fossil gas and nuclear energy sectors can contribute to the decarbonisation of the Union's economy."

Instead, the West – or at least the liberal West – has adopted the fantasy of 100% renewable energy within decades, in which both nuclear power and fossil fuels are eliminated.

Renewable generation could not replace conventional fossil and nuclear generation when there was low/no wind and solar.

there is no science-based evidence that nuclear energy does more harm to human health or to the environment than other electricity production technologies already included in the EU Taxonomy as activities supporting climate change mitigation “.

Solar, wind, and other renewable energy sources (i.e., biomass, geothermal, hydropower) are now adding more than 2,250 megawatts (MW) of new generating capacity each month.

Solar Asset Management is the comprehensive scope of work which ensures, that planned and modelled financial and technical returns happen at levels expected of the investment.

Brent fell 24 cents, or 0.3%, to $75.90 a barrel, WTI were down 97 cents, or 1.3%, at $72.82 a barrel .

With Russia nearing its maximum capacity and Nigeria, Angola and several other countries struggling to maintain output, OPEC+ sustainable spare capacity will shrink to just 1.2 million b/d by June, lessening the group's ability to offset disruptions.

The country's oil production is set to reach the pre-pandemic level by May next year, as the OPEC+ alliance continues to increase output monthly to meet rising demand.

Over January-November, India's crude imports rose 5.8% year on year to 191.8 million mt, or 4.2 million b/d.