by 2050 the total investment of AEI is 18.7 trillion U.S. dollars, including 14.3 trillion U.S. dollars in power source, and 4.4 trillion U.S. dollars in power grids, creating about 150 million jobs.

Crude oil production from the major US onshore regions is forecast to increase 49,000 b/d month-over-month in November from 9,084 to 9,133 thousand barrels/day, gas production to increase 263 million cubic feet/day from 84,930 to 85,193 million cubic feet/day .

Poland is seeking a foreign investor for a 49% stake in the company that will be responsible for building and operating six reactors, Piotr Naimski, a top government official in charge of strategic energy infrastructure, said

China also has another 121.3 GW of coal-fired power plants under construction, U.S.-based research network Global Energy Monitor said in its report, nearly enough to power the whole of France.

The total investment for the two new units will reach 39.45 billion yuan ($5.64 billion), and they are scheduled to go into operation in 2025 and 2026.

Philippines growth is projected at 5.7 percent in 2019, unchanged from the October 2019 World Economic Outlook, and to strengthen to 6.3 percent in 2020, underpinned by an increase in government spending and the recent monetary policy easing. The medium-term economic outlook remains favorable, especially if the strong structural reform momentum continues.

If the key reforms move forward expeditiously, Ukraine's economic growth is projected at 3.6 percent in 2019, 3.7 percent in 2020, and 4.2 percent in 2021.

Turkmenistan's economic growth continues to be driven by both the hydrocarbon and nonhydrocarbon sectors. External balances remain in surplus, buoyed by exchange controls in line with import substitution and export promotion objectives.

Kazakhstan's GDP grew by 4.3 percent in the first three quarters of 2019

Mozambique's GDP growth is projected to reach 5½ percent in 2020

Brent was down 43 cents at $61.85 a barrel , WTI slipped 22 cents to $56.55 a barrel.

Brent crude oil spot prices averaged $60 per barrel (b) in October, down $3/b from September and down $21/b from October 2018. EIA forecasts Brent spot prices will average $60/b in 2020, down from a 2019 average of $64/b. EIA forecasts that West Texas Intermediate (WTI) prices will average $5.50/b less than Brent prices in 2020. EIA expects crude oil prices will be lower on average in 2020 than in 2019 because of forecast rising global oil inventories, particularly in the first half of next year.

Blistering growth in shale fields propelled U.S. crude output to a record 13 million barrels per day (bpd) this month.

A U.S. Climate Agenda recommends that a U.S. decarbonization strategy be guided by these key objectives: achieving net-zero emissions no later than 2050,

Delivering the opening keynote address, at the event, Dr. Al Jaber said the oil and gas industry is being disrupted by new technologies, new business models, new forms of energy and a new geopolitical order, with the rise of Asia.