U.S. commercial crude oil inventories decreased by 5.9 million barrels to 492.4 million barrels.

In 2021, world oil demand growth is expected to increase by about 6.0 mb/d y-o-y, representing an upward revision of about 0.1 mb/d from last month’s report.

President Biden recently introduced a massive infrastructure bill designed to reshape the U.S. economy while addressing infrastructure reform. Biden’s stated goal is to achieve 100 percent carbon-free power by 2035.

"We will continue to register any organization that may be involved in any sanctioned activity, and have made it clear that any company risks being penalized for participating in Nord Stream 2," Giordono-Scholz said.

Nuclear output fell more than 2 GW week on week to the lowest average nuclear output since Week 40 in 2020.

The answer lies, at least in part, in focusing on grid modernization, including the expansion of transmission capacity, increased use of energy storage systems, microgrids and digital solutions, and the adoption of a more coordinated national policy to make this possible.

U.S. commercial crude oil inventories decreased by 3.5 million barrels to 498.3 million barrels.

Novatek seeks to raise $11 billion in external financing and has said it planned to get the funds by the first half of this year.

Gastrade is developing the LNG FSRU offshore Alexandroupolis in Greece, which will be a new, independent energy gateway for the markets of Southeastern and Central Europe.

India’s Foreign Secretary Harsh Vardhan Shringla said on 27 March that New Delhi would be involved in the development of the transmission lines for the Rooppur Nuclear Power Plant in Bangladesh as part of its credit line for the country.

The number of cases of low-flying "foreign planes" over the Nord Stream 2's vessels has increased in the second half of March.

However, Russian gas remains competitive for European buyers given its low-cost production base and long-term reliability.

The plan proposes $100 billion in spending on upgrading and building out the nation's aging and regionally siloed electric transmission system. Various studies have estimated the U.S. will need to double or even triple its electric transmission capacity to successfully decarbonize its economy by midcentury.

U.S. commercial crude oil inventories decreased by 0.9 million barrels to 501.8 million barrels.

Australian liquefied natural gas (LNG) export earnings are forecast to fall from $48 billion in 2019-20 to $33 billion in 2020-21 due to weaker global prices and demand.