U.S. production of all fossil fuels—crude oil, coal, dry natural gas, and natural gas plant liquids (NGPL)—to increase in 2022, but forecast fossil fuel production will remain lower than the 2019 peak.

U.S. crude oil production will average 11.1 million b/d in 2021, down 0.2 million b/d from 2020 as result of a decline in drilling activity related to low oil prices.

Pioneer Natural Resources has completed the acquisition of Parsley Energy following stockholder approvals.

Brent crude oil spot prices to average $53 per barrel (b) in both 2021 and 2022 compared with an average of $42/b in 2020.

Government-owned Abu Dhabi National Oil Co. set Murban crude at a premium of 75 cents a barrel to the regional benchmark,

The delay from a planned 2022 start has denied Senegal much-needed oil and gas revenues as its economy seeks to recover from the impact of the pandemic, which pushed down its 2020 economic growth target to 0.7%.

The Worldwide Rig Count for November was 1,074, up 58 from the 1,016 counted in October 2020

China natural gas production should increase by 7% to 186 bcm in 2020.

China Oil & Gas Pipeline Network Corp. is part of an effort by President Xi Jinping’s government to consolidate the nation’s major pipelines and other midstream facilities into a single firm, intended to boost competition among drillers and downstream oil and gas sellers. The entity officially started operations in October.

"Iran and Russia have always had close and growing cooperation in the field of oil and energy, and this cooperation will continue,"

Iranian Oil Minister Bijan Namdar Zanganeh said his country welcomes the Russian companies’ investment making in its oil sector

Gazprom's overall amount of investments for 2021: RUB 902.413 billion. This budget will provide for a full coverage of Gazprom's liabilities without a deficit.

Preliminary production figures for November 2020 show an average daily production of 2 026 000 barrels of oil, NGL and condensate.

Shell oil production is expected to be between 2,275 and 2,350 thousand barrels of oil equivalent per day,

Fitch Ratings has affirmed Abu Dhabi National Oil Company's (ADNOC) Long-Term Issuer Default Rating (IDR) at 'AA' with a Stable Outlook.