The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent.

U.S. commercial crude oil inventories increased by 2.4 million barrels from the previous week to 416.2 million barrels.

Enel Green Power (EGP) added 5,120 MW of new renewable power capacity in 2021 (+65% compared to 2020), including 220 MW of battery capacity.

Today, the U.S. Department of Energy (DOE) approved seven additional exchanges of 13.4 million barrels of crude oil for release from the Strategic Petroleum Reserve (SPR).

In April 2021, the Estonian government formally approved the formation of a nuclear energy working group (NEPIO) tasked with analysing the possibility of introducing nuclear energy in Estonia.

The MoUs - signed in both Gdańsk and Westinghouse's office in Warsaw - include cooperation on the possible construction of six AP1000 plants for the Polish nuclear power plant programme.

Energy costs drove most of the increase, with a 95.9% jump in December from a year earlier,

Years of anti-fossil fuel policymaking have led to a growing portfolio of canceled natural gas pipeline projects, a trend that places US energy supply at risk,

Shipments of Russian crude to the US in 2021 averaged 202,000 b/d, the highest in 11 years. Most of these imports consist of Russian export grades, such as Urals, ESPO Blend and Varandey.

The agreement between Iran and world powers lifted sanctions against Tehran in exchange for restrictions on its atomic activities.

U.S. Rig Count is up 3 from last week to 604, Canada Rig Count is up 21 from last week to 212.

“Fusion energy has the potential to produce a stable, reliable and low-carbon power source that could be critical in a decarbonised energy future. Our involvement will bring together the best of UK and international expertise to solve the challenges associated with fusion energy,”

The exchange between the public and private sector industry experts in Canada and the UAE provided an unprecedented opportunity to discuss the recent developments, challenges, and opportunities in hydrogen and decarbonisation in Canada, the UAE, and wider MENA region, and to forge future partnerships.

U.S. commercial crude oil inventories increased by 0.5 million barrels from the previous week to 413.8 million barrels.

While US gas production was largely unchanged in the 2020 to 2021 new year, production declines of varying magnitudes and durations were recorded over at least the five new year's prior, dating back to the 2015-2016 winter season.