The EIA expects non-OPEC countries, such as the United States, Brazil and Canada, to experience an increase in oil production, while OPEC production will decline in 2023 before rebounding in 2024. This should result in relatively stable oil prices.

Domestic energy consumption in the U.S. declined between 2009 and 2020, averaging 76.8 MMBtu in 2020, according to EIA's new survey. The data also show variations in consumption by region and type of housing.

The Italian government has approved the sale of Lukoil's refinery in Sicily to the investment company G.O.I. Energy, but with strict conditions under the "golden power" regulation. The transaction is Lukoil's first significant asset sale since the Russian invasion of Ukraine.

Ukraine resumes electricity exports to the European Union after a six-month pause due to Russian attacks. Successful repairs to energy infrastructure have allowed exports to resume.

The port of Wilhelmshaven in Germany will become the center of the country's clean energy infrastructure with an investment of more than $5.5 billion to develop hydrogen, ammonia and offshore carbon storage infrastructure.

TotalEnergies awards shares to Basrah Oil Co. and QatarEnergy in a $27 billion deal for the Integrated Gas Growth Project in Iraq The goal is to reduce dependence on Iranian electricity and gas imports while promoting sustainable practices.

Japan seeks G7 support to accelerate decarbonization efforts at the upcoming Climate, Energy and Environment Ministers' meeting. The country aims to ensure energy security and economic growth while reducing carbon emissions.

The Senate adopted in first reading a socialist text against the "dismantling" of EDF, but ruled out a "nationalization". The Socialist group denounced "the attitude of the Senate right" and plans to take up the text again at the second reading in the National Assembly.

Nigeria is stepping up its efforts to combat climate change with plans for a carbon tax and participation in the voluntary carbon market. The Nigeria Sovereign Investment Authority and Vitol have invested $50 million in carbon credit projects to create a vibrant market in Africa.

France must make up for its "considerable delay" in the field of energy, according to a commission of inquiry of the National Assembly, which presented a report after 150 hours of work and 88 hearings. The authors made 30 recommendations, including a 30-year energy and climate programming law, for better anticipation and a nuclear revival.

Avina Clean Hydrogen and KBR partner to build a green ammonia plant in the Gulf of Mexico. KBR will provide the process technology license and engineering design, while Avina will use its expertise in green hydrogen production to make distributed hydrogen cheaper than gray hydrogen.

Google signs an agreement to buy 150 MW of renewable energy generated by Ørsted's Helena wind farm for the next 15 years. The agreement is part of its commitment to operate all of its data centers and offices with zero carbon energy 24/7 by 2030.

Mexican President Lopez Obrador announced the purchase of 13 power plants from Iberdrola for $6 billion, marking a "new nationalization" of the electricity sector. This reform worries foreign partners and threatens private foreign investment and the development of renewable energy.

A study by the French Energy Regulation Commission predicts a decline in gas consumption in France by 2050, while maintaining the same levels of gas infrastructure, which implies a shift in pricing. The current network will always be indispensable.

Aker BP and OMV (Norge) AS collaborate on carbon capture and storage. A license has been granted to explore the potential in North West Europe.

Ørsted, the global leader in offshore wind, has made the final investment decision for its 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan. This marks an important step for the company to accelerate the decarbonization process in Asia Pacific.

After an interruption of several days, oil exports from Iraqi Kurdistan to Turkey will resume. An agreement has been reached between Baghdad and Erbil for the management of Kurdish crude oil.

The Rotterdam refinery of Finnish giant Neste is set to significantly increase its production of sustainable aviation fuel to meet the growing demand for SAF, the main solution to reducing aviation's carbon footprint. This initiative follows the European Union's gradual incorporation of SAF into aviation kerosene.

The recently inaugurated Kerbala refinery represents the hope of energy independence for Iraq. This Hyundai project aims to reduce dependence on imports and stimulate local production.

Australia is passing laws to reduce greenhouse gas emissions from its biggest polluters by about 5% a year, aiming to achieve net zero emissions by 2050, but tough decisions will be needed to effectively combat climate change.

Despite the rate shield, interventions for unpaid gas and electricity reached a record high in 2022, but for the first time, the number of electricity cuts decreased due to a reduction in power supplied rather than a total cut-off, although additional measures are needed to protect the most fragile consumers.

The U.S. Treasury Department has proposed conditions for the $7,500 grant for the purchase of a new electric vehicle that include countries bound by a free trade agreement. However, Chinese companies are excluded from these subsidies as "suspect entities."

British Finance Minister Jeremy Hunt criticizes massive U.S. subsidies for green energy, but London's announcements on its own energy and environmental strategy are being criticized for their lack of ambition.

The Bank of France will exclude from its portfolios companies that develop new fossil fuel extraction projects by the end of 2024 as part of its climate-focused responsible investment strategy, a move welcomed by the NGO Reclaim Finance.

The European Union has reached an agreement to significantly increase the share of renewable energy in energy consumption by 2030, while recognizing biomass as a renewable energy source and taking into account the role of nuclear power in the production of decarbonized hydrogen.

The EU has reached an agreement to double renewable energy and produce clean hydrogen to replace fossil fuels, with a target of 20 million tons of renewable hydrogen by 2030 and an investment of €9 billion each from France and Germany to encourage hydrogen deployment.