As Texas plunged into darkness last month, its power markets turned to chaos. The financial repercussions of that chaos are becoming apparent now.

Shell Egypt and one of its affiliates have signed an agreement with a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC to acquire Shell’s upstream assets in Egypt’s Western Desert

Combined, the so-called OPEC+ alliance produced 37.83 million b/d, its lowest since October, the survey found, putting the group's compliance with its quotas at 113.5%.

Japan’s Nikkei rallied 1.02% on Tuesday afternoon, while MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.10% higher. Chinese blue chips added 0.03%, after earlier hitting their lowest level this year.

Brent rose by 53 cents, or 0.8 %, to $68.77 a barrel. WTI rose by 53 cents, or 0.8 %, to $68.77 a barrel.

Brent crude oil prices in the forecast average $58/b in the second half of 2021. Brent prices will average $59/b in 2022.

U.S. crude oil production averaged 11.3 million barrels per day (b/d) in 2020, down 935,000 b/d (8%) from the record annual average high of 12.2 million b/d in 2019.

This 2.1 GW programme is part of South Korea's strategy to become carbon neutral by 2050.

China announced its aim to increase its nuclear power capacity by 40% from 50 GW in 2020 to 70 GW in 2025. However, the 2021-2025 plan isn't expected to slow down the construction of new coal-fired power plants.

The project (likely a floating storage and regasification unit, FSRU) should be commissioned by mid-2022.

In April 2020, EuroAfrica Interconnector initiated a €650m tender for the EPC of a 1 GW subsea HVDC line between Egypt, Cyprus, and Greece (Crete and Attica).

Australia exported a record 78.2 Mt of LNG in 2020, up from 77.5 Mt in 2019.

the goods and services deficit was $68.2 billion in January, up $1.2 billion from $67.0 billion in December,

Fukushima has certainly left its mark on the nuclear industry. When the Tohoku earthquake and tsunami occurred on March 11, 2011, there were 54 nuclear reactors in Japan.

The $150 million project at a deepsea port on Matarbari island, in the Bay of Bengal, is expected to be ready by 2025 and will commence operations soon after,

The blue-chip CSI300 index ended 0.66% higher, led by a 2.63% jump in its healthcare sub-index and a 1.94% gain in the consumer staples sector.

Brent dropped 63 cents, or 0.9%, to $66.89 a barrel. WTI was at $63.47 a barrel, down 54 cents, or 0.8%.

At the end of 2020, nuclear power's share of Russia's energy mix stood at 20.28%.

Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan joined the ceremony via videoconference. Energy and Natural Resources Minister Fatih Dönmez, ROSATOM Director General Alexey Likhachev and Akkuyu Nuclear JSC CEO Anastasia Zoteeva were present at the Akkuyu NPP site.

All but four of the nation’s 94 operating nuclear power plants are performing at the highest safety and security levels, according to a new release from the U.S. industry regulator.