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2022, February, 2, 12:05:00
MORE RUSSIAN GAS TO CHINA
Gas exports to China via the Power of Siberia pipeline keep growing within the framework of the long-term bilateral contract between Gazprom and CNPC.
2022, February, 2, 12:00:00
COLD TEXAS WINTER AGAIN
The National Weather Service on Feb. 1 issued winter storm warnings stretching from the Great Lakes to New Mexico and West Texas and either winter weather advisories or watches for hundreds of miles north and south of the winter storm warning areas.
2022, February, 1, 14:55:00
OIL PRICE: NEAR $89 ANEW
Brent was down 74 cents, or 0.8%, at $88.52 a barrel , WTI slipped 83 cents, or 0.9%, to $87.32.
2022, February, 1, 14:50:00
NORD STREAM 2 UNDER THREAT
In a recent twist, Berlin is no longer ruling out shelving the pipeline project. But Europe is currently facing a winter energy crunch. Prices of natural gas have skyrocketed in recent months, and stockpiles in EU countries are at a five-year low.
2022, February, 1, 14:45:00
OPEC+ RUSSIA: +400 TBD
Already, oil prices have hit seven-year highs in recent days over the ratcheting tensions between the West and Russia over Ukraine.
2022, February, 1, 14:40:00
UKRAINE WITHOUT RUSSIAN GAS
Ukraine, which earns more than Poland from gas transit fees, may have to look at ways to diversify its own supplies and rethink its function in the European gas system. Until it does, it will continue to depend on Russia.
2022, February, 1, 14:35:00
IRAQ OIL EXPORTS DOWN
Federal oil exports in January dropped to 3.203 million b/d from 3.277 million b/d in December, according to the ministry figures.
2022, February, 1, 14:30:00
CHINA NON-FOSSIL ELECTRICITY 50%
China, the world's biggest greenhouse gases emitter and coal consumer, is expected to add 180 gigawatts (GW) of new power generation capacity from non-fossil fuel sources during 2022, driving total non-fossil fuel capacity to 1,300 GW, according to a report issued by the China Electricity Council (CEC) late on Thursday.
2022, February, 1, 14:25:00
SAUDI ARABIA'S NEOM $500 BLN
Neom, which will be built along Saudi Arabia's borders with Jordan and just across the narrow Strait of Aqaba from Egypt's Sinai Peninsula, is a linchpin of the world's largest oil exporter's plans to diversify its fossil fuels-dominated economy.
2022, February, 1, 14:20:00
BRITAIN WIND ENERGY 14.8 GW
Wind generation rose as high as 14,822 megawatts, surpassing the previous record of 14,286 megawatts set in May 2021, according to data from National Grid.