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2024, May, 17, 06:40:00
AUSTRALIA'S RENEWABLE INVESTMENT $15 BLN
The package will introduce tax incentives worth A$7 billion for the processing and refining of 31 critical minerals and A$6.7 billion for renewable hydrogen production from the fiscal year ending June 2028 to the 2039-40 fiscal year.
2024, May, 17, 06:35:00
MICRO NUCLEAR FOR PHILIPPINES
Meralco and USNC signed a cooperative agreement in November 2023 to study the deployment of one or more micro modular reactor systems in the Philippines.
2024, May, 16, 07:00:00
OIL PRICE: BRENT NEAR $83, WTI NEAR $79
Brent rose 35 cents, or 0.4%, to $83.10 a barrel, WTI gained 40 cents, or 0.5%, to $79.03.
2024, May, 16, 06:55:00
RUSSIAN OIL REVENUE DOWN
The country exported a total of 7.3 million barrels a day last month, down 6.4% from March, the Paris-based agency said in its monthly report published Wednesday. That’s Russia’s lowest oil exports in five months, the IEA estimates show.
2024, May, 16, 06:50:00
INDIA NEED GAS
The Indian government, earlier in 2024, issued an order applicable between May 1 and June 30 to increase power generation from gas-based power plants in anticipation of a power crunch this summer season.
2024, May, 16, 06:45:00
U.S. BAN RUSSIAN URANIUM
The passage and signing of this law will ensure the U.S. will no longer be reliant on imported uranium fuel from the Russian Federation.
2024, May, 16, 06:40:00
U.S. NUCLEAR: NO ANSWERS
The legislation is designed to reduce US reliance on Russian uranium for nuclear fuel following Russia's 2022 invasion of Ukraine.
2024, May, 16, 06:35:00
U.S. URANIUM PRODUCTION UP
US production of 82,533 pounds U3O8 (32.1 tU) in the first quarter of 2024 was the highest Q1 production since 2018 and almost 80% more than production for the whole of 2023.
2024, May, 15, 07:00:00
OIL PRICE: BRENT NEAR $83, WTI ABOVE $78
Brent were up 34 cents, or 0.4% at $82.71 a barrel, WTI rose 38 cents, or 0.5%, to $78.39 a barrel.
2024, May, 15, 06:55:00
GLOBAL OIL DEMAND +2.2 MBD
The global oil demand growth forecast for 2024 remains broadly unchanged from last month’s assessment at 2.2 mb/d.
