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2022, May, 19, 13:20:00
U.S. FUSION COLLABORATION
SPARC is described by PSFC as a compact, high-field, net fusion energy device which would be the size of existing mid-sized fusion devices, but with a much stronger magnetic field. It is predicted to produce 50-100 MW of fusion power, achieving fusion gain greater than 10.
2022, May, 19, 13:15:00
U.S. OIL INVENTORIES DOWN BY 3.4 MB TO 420.8 MB
U.S. commercial crude oil inventories decreased by 3.4 million barrels to 420.8 million barrels.
2022, May, 18, 12:15:00
OIL PRICE: BRENT ABOVE $113, WTI ABOVE $114
Brent was up 23 cents, or 0.2%, at $112.16 a barrel, WTI climbed 71 cents, or 0.6%, to $113.11 a barrel.
2022, May, 18, 12:10:00
OPEC OIL PRICE: $117.20
The price of OPEC basket of thirteen crudes stood at $117.20 a barrel on Tuesday
2022, May, 18, 12:05:00
INDIA'S OIL DEMAND UPDOWN
India's oil demand is expected to grow by 245,000 b/d year on year in 2022, revised up by about 20,000 b/d from an earlier outlook, due to better-than-expected demand trends.
2022, May, 18, 12:00:00
CHINA COAL PRODUCTION UP ANEW
China's domestic coal production hit a high of 395.79 million mt in March, before slipping to around 362.80 million mt in April
2022, May, 18, 11:55:00
GERMANY AGAINST NUCLEAR POWER
Germany will phase out nuclear energy by 2022.
2022, May, 18, 11:50:00
RUSSIAN ELECTRICITY FOR FINLAND IS STOPPED
The Finnish transmission system operator (TSO) Fingrid estimates that there is no threat to the sufficiency of electricity in the country since electricity imports from Russia covered about 10% of Finland’s total consumption before the suspension.
2022, May, 18, 11:45:00
GAZPROM GAS PRODUCTION DOWN
Gazprom produced 193.8 billion cubic meters of gas from January 1 through May 15, 2022. This is a decrease of 3.7 per cent (or 7.5 billion cubic meters) versus the same period of 2021.
2022, May, 18, 11:40:00
RUSSIAN SMR NUCLEAR FUEL
Russian scientific institutes will begin testing fuel rods for small modular reactors (SMRs),