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2023, January, 11, 11:45:00
OIL PRICE: BRENT NEAR $80, WTI NEAR $75
WTI slipped by 54 cents, or 0.72%, to $74.58 a barrel, Brent fell by 50 cents, or 0.62%, to $79.60.
2023, January, 11, 11:40:00
OIL PRICES 2023-24: $83 - $78
The Brent crude oil price will average $83 per barrel (b) in 2023, down 18% from 2022, and continue to fall to $78/b in 2024 as global oil inventories build, putting downward pressure on crude oil prices.
2023, January, 11, 11:35:00
EUROPEAN LNG WINNING
LNG deliveries to Europe have helped ease an energy crisis this winter after Russian piped supply slumped.
2023, January, 11, 11:30:00
NORWAY'S GAS TO EUROPE GROWTH
Norway has pledged to do as much as it can to boost gas deliveries to Europe to help counter record high gas prices triggered by the war in Ukraine and much lower Russian supplies.
2023, January, 11, 11:25:00
BELGIAN NUCLEAR EXTENSION
However, in March last year the Belgian government decided to start talks with Electrabel - the Belgian subsidiary of Engie - with a view to extending the operation of Doel 4 and Tihange 3, allowing for the retention of 2 GWe of nuclear generation capacity.
2023, January, 11, 11:20:00
U.S., JAPAN NUCLEAR DEVELOPMENT
DOE noted the significance of the Government of Japan’s announcement of its “Draft Future Nuclear Energy Direction and Action Guidelines” in December 2022.
2023, January, 11, 11:15:00
U.S. TRANSPORTATION DECARBONIZATION
“The domestic transportation sector presents an enormous opportunity to drastically reduce emissions that accelerate climate change and reduce harmful pollution,” said U.S. Secretary of Energy Jennifer M. Granholm.
2023, January, 9, 12:40:00
OIL PRICE: BRENT BELOW $81, WTI BELOW $76
Brent were up $1.49, or 1.9%, at $80.06 a barrel, WTI rose $1.43, or 1.9%, to $75.20.
2023, January, 9, 12:35:00
RUSSIA, TURKEY STRATEGIC PROJECTS
The discussion covered issues related to further expanding economic ties, primarily in energy, with the priority being strategically significant projects like the creation of a regional natural gas hub in Turkiye and the construction of the Akkuyu nuclear power plant.
2023, January, 9, 12:30:00
EUROPEAN GAS PRICES UPDOWN ANEW
Dutch front-month futures, the European benchmark, rose 4.3% to €72.50 a megawatt-hour at 8:55 a.m. in Amsterdam. The UK equivalent contract was 7.1% higher.