The oil and gas industry now needs to make clear what clean energy transitions mean for it – and what it can do to accelerate clean energy transitions.

U.S. crude oil production will average 13.3 million barrels per day (b/d) in 2020, a 9% increase from 2019 production levels, and 13.7 million b/d in 2021, a 3% increase from 2020.

The UAE is currently the largest investor in Egypt with total investments exceeding AED26.5 billion (US$ 7.2 bn), according to Jamal Saif Al Jarwan, Secretary-General of the UAE International Investors Council.

For 2020, oil demand growth is revised up by 0.14 mb/d from the previous month’s assessment and is forecast at 1.22 mb/d, mainly reflecting an improved economic outlook for 2020. As a result, total world oil demand is projected to rise from 99.77 mb/d in 2019 to 100.98 mb/d in 2020.

U.S. and Canadian oil and natural gas exploration and production company bankruptcies totaled 42 in 2019, up from 28 in 2018,

U.S. petroleum exports hit a new all-time high of 9.0 million barrels per day (mb/d) in the final month of 2019

Brent were up 31 cents, or 0.5%, at $62.35 a barrel, WTI were up 27 cents, or 0.5% higher at $55.86 a barrel.

U.S. Rig Count is down 2 rigs from last week to 794, Canada Rig Count is unchanged from last week at 244

Renewables only accounted for 18.2% of total energy generated by November 2019, while coal alone produced 23.4% of the country’s electricity.

U.S. oil production from tight formations increased in 2019, accounting for 64% of total U.S. crude oil production.

The US State Department on Thursday set sanctions against companies in Dubai, Hong Kong, and Shanghai,

In fact the current estimate for the export market for SMRs is GBP250 billion [USD328 billion], so this could be a huge industry.

However, the companies are giving up on their component supply business in order to survive and South Korea’s nuclear power industry is now on the verge of collapse.

Nigeria has 202tn ft³ of proven gas reserves and an additional 600tn ft³ of unproven potential resources. Despite having the largest gas reserves in Africa, only c.25pc of these reserves are currently productive.

Kuwait GDP growth to about 0.7 percent in 2019 from 1.2 percent in 2018.

"We are ready to move to the next phase of implementing Europe's first large-scale hydrogen plant," Nouryon's head of industrial chemicals, Knut Schwalenberg, said.

Органический коэффициент восполнения запасов без учета эффекта от приобретения и выбытия активов, относившегося в основном к выбытию 40%-ной доли участия в проекте «Арктик СПГ 2», составил 252%, что соответствует приросту запасов 1 487 млн бнэ, включая добычу.

Brent fell by $1.79 a barrel, or 2.95%, to $58.90, WTI was down by $1.63, or 3%, at $52.55.

Overall, China's power generation rose by 4.7% in 2019, triggered by nuclear power generation (+18%) and renewable power generation (+5.7% for hydropower, +11% for wind and +25% for solar). CO2-free power generation thus accounted for 32.6% of the country's power mix. Thermal power generation grew at a slower pace (+2.4%, with +1.7% for coal-fired power generation).

The Mexican oil company Pemex plans to invest more than US$1bn to develop and operate the Xanab offshore oil field