The Norwegian Petroleum Directorate projects that the overall production of oil and gas in 2024 will be close to the record year 2004 – among other things due to Sverdrup and because the Johan Castberg field in the Barents Sea is scheduled to come on stream in 2022.

Nuclear power provides 10% of global electricity, but to stem climate change the world is going to need far greater amounts of clean and reliable energy. To tackle climate change, 80% of all electricity will need to be low carbon by 2050.

China Energy Engineering Corporation (CEEC) and China National Nuclear Corporation (CNNC) have entered into a strategic cooperation framework agreement, CEEC has told the Hong Kong Stock Exchange. The document was signed in Beijing on 7 January by Wu Yun, deputy general manager of CEEC, and Li Qingtang, deputy general manager of CNNC.

Canada and the USA have finalised an agreement to collaborate on improving the security of supply chains and ensure the future competitiveness of their critical minerals industries. The announcement follows a June 2019 commitment by the countries' leaders.

solar installations are expected to grow by an additional 142 GW in 2020 – seven times the world’s total solar installations a decade ago.

The worldwide rig count for December 2019 was 2,043, up 1 from the 2,042 counted in November 2019, and down 201 from the 2,244 counted in December 2018.

Brent were up 26 cents, or 0.38%, to $68.53, WTI gained 10 cents, or 0.16%, to $62.80 a barrel.

Russia is poised to officially open its TurkStream natural gas pipeline on Wednesday, further diversifying export routes to Europe amid a backlash from the U.S.

Aramco has vowed to pump almost $160 billion into growth in the natural gas sector over the next decade, with a sizable portion of that money to be designated for LNG projects overseas.

"The market is well-supplied," Suhail Mazrouei said in Abu Dhabi. "I would say now we are not forecasting a shortage of supply unless we have a catastrophic escalation which we don't see."

expects India's oil demand to grow by 170,000 b/d in 2020, up from 155,000 b/in 2019.

the country's nuclear programme "no longer faces any operational restrictions, including enrichment capacity, percentage of enrichment, amount of enriched material, and research and development."

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced that the goods and services deficit was $43.1 billion in November, down $3.9 billion from $46.9 billion in October, revised.

The best story, really, is in the Middle East, because we have Abu Dhabi, which became our logistic and technological hub in the region. We have all our people here, and we set up very quickly.

Brent soared to a high of $70.74 a barrel, WTI was at $64.15 a barrel,