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WOGNEWS Global Energy Market Climate Changes News Новости мирового энергетического рынка изменений климата

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OIL PRICE: BRENT ABOVE $83, WTI ABOVE $78

Brent fell 30 cents, or 0.36%, to $83.35 a barrel, WTI dropped 28 cents to $78.59 a barrel.

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GLOBAL RUSSIAN ENERGY & SANCTIONS

Deputy Prime Minister and OPEC+ envoy Alexander Novak drove home the official line that sanctions make Russia stronger when he said in October, referring to the redirection of exports, "the main consumption of energy resources will in future be in [the Asia-Pacific] region... We would have to do this anyway. We just sped up a bit."

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FRENCH BULGARIAN NUCLEAR COOPERATION

According to the French Economy Ministry: "This cooperation will concern, among other things, the nuclear construction programmes envisaged in the two countries, the analysis of new technologies such as small modular reactors or advanced technology reactors, the development of a European supply chain, the fuel cycle, nuclear power and the strengthening of nuclear training courses within the two countries."

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2024, February, 28, 06:45:00

QATAR LNG WILL UP

Qatar’s push highlights the importance of gas for the country. Exports of the fuel are the country’s biggest revenue earner which has already made it one of the wealthiest countries and helped boost its global clout since it started shipments about two decades ago.

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2024, February, 28, 06:40:00

DIGITAL ENERGY TRANSFORMATION

Digitalization in the energy sector entails automating business processes and workflows, resulting in increased efficiency and cost reduction.

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2024, February, 28, 06:35:00

TEXAS ENERGY GREED

If the Texas Supreme Court over rules the decision of the Texas Court of Appeals, what precedent will be set across all energy markets?

DEEP DECARBONIZATION OF ENERGY

Chronicle:
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2024, February, 28, 06:30:00
VIETNAM HYDROGEN ENERGY STRATEGY 2050
The Ministry of Industry and Trade (MoIT) held a conference in Hanoi on February 22 to deploy Vietnam's hydrogen energy development strategy to 2030 with a vision until 2050.
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2024, February, 26, 07:00:00
OIL PRICE: BRENT ABOVE $81, WTI ABOVE $76
Brent fell 35 cents, or 0.4%, to $81.27 a barrel, WTI declined 35 cents, or 0.5%, to $76.14 a barrel.
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2024, February, 26, 06:55:00
RUSSIAN LNG FOR CHINA
The US placed Arctic LNG 2 under direct sanctions in November, in effect blocking its allies from buying the project’s gas when it starts production. The move followed an EU ban on the transfer of LNG-related technology to Russia in April 2022, two months after Moscow launched its full-scale invasion of Ukraine.
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2024, February, 26, 06:50:00
CHINA SEEKING LNG
The interest in additional supplies from China — the world’s biggest LNG importer — is emerging after a drop in spot prices made the fuel more cost competitive with local gas options and oil products,
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2024, February, 26, 06:45:00
CHINA'S COAL ELECTRICITY
China saw a robust increase in its peak power demand in 2021-2022 due to an increase in the prevalence of air conditioners amid exceptionally intense heat waves. This prompted an enhancement of more coal-based power generation capacity as a "costly and suboptimal solution,"
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2024, February, 26, 06:40:00
RUSSIAN GAS FOR GERMANY
SEFE’s trading of Russian LNG is controversial in Berlin, where lawmakers have urged the company to sever its links with Moscow. Germany opposes LNG imports from Russia, though it hasn’t banned them.
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2024, February, 26, 06:35:00
GERMANY'S RECESSION UP
The government on Wednesday slashed its growth forecast for this year to 0.2% from 1.3%, after a contraction in 2023.
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