For 2021, oil demand is now anticipated to increase by 5.8 mb/d, revised down by around 0.1 mb/d from last month’s projection, to average 96.1 mb/d.

According to the Brazilian Association for Distributed Generation (ABGD), the DG segment will grow by over 50% during this year, closing 2021 with an installed capacity of more than 7GW.

Turkey is a strategic European Union ally that helps the bloc's security and stability and provides diversification of energy resources,

To meet the global cumulative demand over the next 30 years, undeveloped and undiscovered resources totaling 313 billion barrels of oil need to be added to currently producing assets.

U.S. commercial crude oil inventories decreased by 9.9 million barrels to 476.7 million barrels.

OPEC has long maintained that oil will remain a dominant energy source in the decades to come.

Brent was down 39 cents, or 0.6% at $60.75 a barrel. WTI was down 44 cents, or 0.8% at $57.80 a barrel.

U.S. Rig Count is up 5 from last week to 397, Canada Rig Count is up 5 from last week to 176.

Based on assessments of energy venture capital deal flow, market analyses, and conversations with industry insiders, below are four indisputable utility sector trends -- regardless of whether the 2020 craziness repeats itself -- and the emerging, venture-backed technologies on the market to support the energy transition in 2021.

The decision to adopt nuclear power in South Africa was made as a result of sound strategic planning. It has turned out to have been a very good decision.

Combined, they accounted for or 22,451 megawatts (MW) or more than three-quarters (78.09%) of the 28,751 MW of new utility-scale capacity reported to have been added last year. Wind (13,626 MW) and solar (8,543 MW) each contributed more new generating capacity than did natural gas (6,259 MW).

One of the key mitigation measures is development of adequate energy storage capacity in India.

The next ten years will be an era of fundamental change for the energy sector as more companies leverage digitization with the potential to increase long-term earnings by 25% or more.

The National Climate Task Force, which met for the first time yesterday, was established in an executive order on tackling the climate crisis signed by President Joe Biden during his first week in office.

This dramatic growth in renewable energy capacity reinforces the fact that India is witnessing an unprecedented energy transition to low-carbon development,

Budget 2021-22 is a mixed bag in terms of support for India’s transition to a sustainable, low carbon economy.

Japan’s Nikkei led the way, climbing 1.9% to reclaim the 30,000-point level for the first time in more than three decades.

Brent was up $1.02, or 1.6%, at $63.45 a barrel . WTI gained $1.28, or 2.2%, to $60.75 a barrel.

By joining the IBM Quantum Network™ as an Industry Partner, bp will have access to IBM's ‎quantum expertise and software and cloud-based access to the most advanced quantum ‎computers available via the cloud.

In addition, South African authorities intend to ease licensing requirements for new embedded generation projects, which could unlock up to 5,000 MW of additional capacity.