China will increase the share of clean energy sources, including nuclear, in its energy mix.

U.S. real gross domestic product (GDP) increased at an annual rate of 33.4 percent in the third quarter of 2020

Общий объем освоения инвестиций ПАО «Газпром» на 2021 год — 902,413 млрд руб. Параметры бюджета обеспечат покрытие обязательств ПАО «Газпром» без дефицита, в полном объеме.

Iranian Energy Minister Reza Ardakanian said on Wednesday that the country has great potentials in the field of renewable energies and can have a significant role in developing the region’s market for such energies.

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

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

Shale producers were hit hard after borrowing to expand production and slashed spending and output to cut losses.

At the close, the Shanghai Composite index was up 0.76% at 3,382.32, while the blue-chip CSI300 index was up 0.85%. The smaller Shenzhen index ended up 0.74%.

Natural gas futures in Europe and Asia have climbed to their highest levels in more than a year due to a sharp increase in demand late in 2020,

Brent were down 38 cents, or 0.8%, to $49.70 a barrel . WTI fell 40 cents, or 0.9%, to $46.62 a barrel.

The total appropriation for the Department of Energy (DOE) is USD42.04 billion, which is USD3.45 billion above the FY2020-enacted level and USD6.31 billion above the budget request.

U.S. Rig Count is up 2 from last week to 348, Canada Rig Count is down 20 from last week to 82

U.S. commercial crude oil inventories decreased by 0.6 million barrels to 499.5 million barrels.

В долгосрочной перспективе спрос на природный газ будет расти. Ожидается, что к 2040 году потребление газа в мире возрастет на 1,3 трлн куб. м и составит более 5,3 трлн куб. м.

By the December cut-off date, Spanish plants generated 109,269 GWh of renewable power, up by 11.6% year-on-year, owing mostly to favourable weather conditions and an increase in the total installed renewable energy capacity.

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.

The pan-European STOXX 600 index climbed 0.2%,

Brent rose 17 cents, or 0.3%, to $51.37 a barrel. WTI increased 10 cents, or 0.2%, to $48.22.

The price of thermal coal, used to generate electricity in power stations, has surged in the past two months as key consumers in China, India, South Korea and Japan rushed for supplies. 

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