DOE is currently working with the Department of Defense to demonstrate and deploy microreactors as early as 2023. These smaller, transportable, factory-built systems can boost resiliency and reliability of energy at remote military locations.

Egypt’s Ministry of Planning said the total investments targeted for the electricity sector during the fiscal year 19-2020 was estimated at 111.9 billion pounds ($6.8 billion), equivalent to 9.6 percent of the total investments.

The Swiss government has announced it will cut its greenhouse gas emissions to a net-zero level by 2050. According to Swiss government statistics, about 60% of Switzerland's electricity generation comes from renewable sources, most of it from hydro (56.6%). Nuclear contributes about 37.6% and about 2.5% comes from fossil fuels.

U.S. Rig Count is down 12 rigs from last week to 904, with oil rigs down 12 to 742, gas rigs unchanged at 162, and miscellaneous rigs unchanged at 0. Canada Rig Count is up 11 rigs from last week to 150, with oil rigs up 10 to 105 and gas rigs up 1 to 45.

Brent was down by 23 cents, or 0.4%, at $60.85 a barrel, WTI fell 40 cents, or 0.7%, to $56.31 a barrel.

High and rising inequalities of opportunities and outcomes pose risks to global growth, economic stability and social cohesion and to the achievement of the Sustainable Development Goals more generally

“The Nord Stream 2 company has clearly informed us that it is sticking to the schedule and the budget, and we have no reason to revise the plan in any way today,” he said when asked if a launch at the end of 2019 or early 2020 was realistic.

At 427.8 million bbl, US crude oil inventories are at the 5-year average for this time of year

The world’s nuclear plants continue to perform excellently. Growth is strong, with more than 20 new reactors scheduled to be connected before the end of 2020. For the industry to reach the Harmony goal of supplying at least 25% of the world’s electricity before 2050, much greater commitment from policymakers will be required.

The draft law envisages state aid totaling 40 billion euros ($45 billion) spread over the next 20 years, mostly to four regions affected by the plans to phase out coal by 2038 - part of Germany’s transition to renewable energy, known as the ‘Energiewende’.

U.S. Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the second quarter of 2019, according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 3.1 percent.

Profit attributable to owners of PJSC Gazprom amounted to RUB 836,497 million for the six months ended June 30, 2019 which is by RUB 205,693 million, or 33%, more than for the same period of the prior year.

Net profit attributable to owners of the Petrochina was RMB28,423 million, up 3.6% year-on-year.

TechnipFMC plc (NYSE: FTI) (Paris: FTI) announced its Board of Directors has unanimously approved its plan to separate into two industry-leading, independent, publicly traded companies: RemainCo, a fully-integrated technology and services provider, continuing to drive energy development; and SpinCo, a leading engineering and construction (E&C) player, poised to capitalize on the global energy transition.

Brent crude futures LCOc1 climbed 59 cents, or 1.0%, to $60.10 a barrel by 0652 GMT. West Texas Intermediate (WTI) crude futures CLc1 gained 70 cents, or 1.3%, to $55.63 a barrel.