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2024, May, 22, 07:00:00
OIL PRICE: BRENT ABOVE $82, WTI NEAR $78
Brent were down 60 cents, or 0.7%, to $82.28 a barrel, WTI slipped 64 cents, or 0.8%, to $78.02.
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2024, May, 22, 06:55:00
RUSSIAN GAZPROM WITHOUT EUROPE
Gazprom, which holds about 16% of global gas reserves and employs 492,200 people, was once one of Russia's most powerful corporate empires - so powerful it was known as "a state within the state".
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2024, May, 22, 06:50:00
EUROPEAN RENEWABLES CUTTING
There is a growing political focus on the need to develop renewables, with countries agreeing at the COP28 climate summit in December to work towards tripling capacity to 11,000GW by 2030.
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2024, May, 22, 06:45:00
NORWAY'S NUCLEAR SMR
The company noted that estimates of future energy demand in Norway vary from 50 TWh to 233 TWh.
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2024, May, 22, 06:40:00
ENERGY INFRASTRUCTURE CHANGES
Consumer involvement in distribution network operations will be beneficial for both consumers and Distribution Companies (DISCOMs).
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2024, May, 22, 06:35:00
U.S. UTILITY GRID UPGRADE $2.5 TLN
There are many reasons the U.S. utility grid requires an estimated $2.5t upgrade by 2035, from crumbling infrastructures to keeping up with the increased demand of electrification efforts, all balanced against increasingly volatile weather events.
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2024, May, 17, 07:00:00
OIL PRICE: BRENT ABOVE $83, WTI ABOVE $79
Brent climbed 21 cents, or 0.25%, to $83.48 a barrel, WTI rose 7 cents, or 0.09%, to $79.30 a barrel.
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2024, May, 17, 06:55:00
US FOSSIL FUEL FINANCE
the world’s 60 largest lenders had provided around $705bn in financing in 2023 alone.
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2024, May, 17, 06:50:00
GERMAN INDUSTRIAL PRODUCTION DOWN
Production decreased 0.4% in March, led by drops in consumer and intermediate goods, and energy, the statistics office said Wednesday.
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2024, May, 17, 06:45:00
NORWAY NEED OIL & GAS
The annual predefined areas (APA) rounds of exploration acreage are central to Norway's strategy of extending its oil and gas production, a policy fiercely opposed by environmentalists.