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2020, August, 4, 14:20:00
FLOATING OFFSHORE WIND FINANCE
Non-recourse finance, which allows lenders to be repaid from the profits of a project and have no claim over the assets of the borrower, will likely be available to upcoming floating wind projects as the market reaches an initial stage of maturity,
2020, August, 4, 14:15:00
ARGENTINA'S DEFAULT $65 BLN
A major grain producer and once one of the world’s wealthiest countries, Argentina fell into its ninth sovereign default in May
2020, August, 4, 14:10:00
EXXON LOSS $1 BLN
Exxon Mobil Corporation announced an estimated second quarter 2020 loss of $1.1 billion,
2020, August, 4, 14:05:00
BP LOSS $16.8 BLN
BP Reported loss for the quarter was $16.8 billion, compared with a profit of $1.8 billion for the same period a year earlier,
2020, August, 3, 12:50:00
OIL PRICE: NEAR $43 TOO
Brent slid 40 cents, or 0.9%, to $43.12 a barrel, WTI was down 46 cents, or 1.1%, at $39.81.
2020, August, 3, 12:45:00
RUSSIA'S OIL PRODUCTION 9.37 MBD
Russia agreed to cut crude production over May to July by 2.5 million b/d from a baseline of 11 million b/d to 8.5 mil b/d under the OPEC+ agreement.
2020, August, 3, 12:40:00
U.S. GAS PRODUCTION DOWN
The U.S. preliminary level for dry natural gas production in May 2020 was 2,713 billion cubic feet (Bcf), or 87.5 Bcf/d.
2020, August, 3, 12:35:00
UAE NUCLEAR POWER
Nawah Energy Co. started up Unit 1 of the Barakah nuclear energy plant in the oil-rich emirate of Abu Dhabi
2020, August, 3, 12:30:00
U.S. SPACE NUCLEAR POWER
The reactor must generate constant energy output of at least 10 kilowatts, weigh less than 7,700 pounds and run for at least ten years.
2020, August, 3, 12:25:00
CHEVRON NET LOSS $ 8.3 BLN
Chevron Second quarter loss of $8.3 billion; adjusted loss of $3.0 billion
