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WOGNEWS World Energy Oil Gas News analysis prices markets companies Мировая энергетика нефть газ новости цены аналитика рынки компании

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OIL PRICE: NOT ABOVE $64

Brent dropped 34 cents, or 0.53%, to $63.63 a barrel, WTI fell 31 cents, also down 0.53%, to $58.27 per barrel.

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RUSSIA'S GAS DISCOUNT: 20-25%

Last week, President Vladimir Putin said Russia wanted to resume direct gas sales to Ukraine -- and would be prepared to reduce the price Kyiv paid by 20%-25%.

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NORD STREAM 2: 2020

The potential delay in Nord Stream 2 construction also undermines Russia's position in negotiating a new transit deal with Ukraine's Naftogaz. Ukraine transited some 87 Bcm of Russian gas to Europe in 2018 -- or some 44% of total Russian exports -- but those volumes are set to slump once the planned Nord Stream 2 and TurkStream gas pipelines come online.

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2019, November, 22, 12:00:00

INDIA'S OIL DEMAND UP 3%

Oil demand in India is projected to rise by 3.21 percent this year to 4.88 million barrels per day (mb/d), and further by 3.36 percent to 5.05 mb/d by next year, exceeding the 2.37 percent oil demand growth by China, according to the latest Oil Market Report by OPEC.

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2019, November, 22, 11:57:00

The 20th CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

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2019, November, 22, 11:56:00

Green Workplace Summit 11 December 2019

We would like to invite your organization to participate at the Green Workplace Summit which will focus on developing a healthy, energy-efficient and sustainable built environment for all, taking place on the 11 December 2019 in the Sultanate of Oman. The event is organized by be’ah and White Paper Summits.

UAE, AFRICA INVESTMENT

Chronicle:
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2019, November, 22, 11:55:00
ABU DHABI SOLAR ELECTRICITY 249,695 MWH
the emirate of Abu Dhabi achieved progress in terms of its electricity production from solar energy, increasing from 17,986 megawatt-hours in 2011 to 249,695 megawatt-hours in 2018.
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2019, November, 22, 11:50:00
PAKISTAN'S RENEWABLE ENERGY: $40 BLN
The government of Pakistan has announced that it will invite bids for setting up renewable energy projects in the country in a bid to tap the investment potential of $40bn.
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2019, November, 22, 11:45:00
RUSSIA'S GDP GROWTH: 1.1-1.9%
In the near term, Russia's GDP is projected to grow by 1.1 percent in 2019, held back by weak domestic demand and an unfavorable external environment. Growth is forecast to pick up to 1.9 percent in 2020
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2019, November, 22, 11:40:00
EXXON WILL SELL $25 BLN
Exxon’s shares have underperformed its major rivals’ in recent years. The disposals would help the company increase spending on new developments and appease investors unhappy with weak cash generation and oil output, which flatlined under Woods’ predecessor Rex Tillerson.
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2019, November, 22, 11:35:00
Energy Week Georgia 2020, 28-30th January, Tbilisi
On 28-30th January 2020 the international investment event “Energy Week Georgia 2020” will take place in Tbilisi.
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2019, November, 20, 12:10:00
OIL PRICE: ABOVE $60
Brent were at $60.71 a barrel, WTI erased early gains to be down 6 cents, or 0.1%, at $55.15 a barrel
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2019, November, 20, 12:00:00
DRAMATICALLY IMPORTANT: NUCLEAR POWER
"We need to replace 70-90% of carbon resources of energy by 2050 in order to avoid overheating the Earth," he said, adding that two-thirds of the world's population still relies on biomass. An alarming projection, he said, is that by 2050 African nations will be consuming as much energy per capita as they do now, but their population will have doubled to 1.4 billion. "This will have dramatic implications for healthcare, employment and migration in the future," he said. "Only nuclear power can stop this migration by helping to develop the region."
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