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2021, November, 25, 15:55:00
OPEC+ SUPPORT
The meetings will decide the group's January production levels. The existing pact calls on OPEC+ countries to hike output quotas by 400,000 b/d, though the volumes can be changed per market conditions.
2021, November, 25, 15:50:00
NORD STREAM 2 WITHOUT UKRAINE
The current transit agreement between Russia and Ukraine is due to expire at the end of 2024. It came into effect at the start of 2020, and was brokered by the European Commission.
2021, November, 25, 15:45:00
'NUCLEAR SAVES' PARTNERSHIPS
“Expanding the benefit of nuclear science, especially to less advantaged communities, is not only the right thing to do, but it also helps build trust in the nuclear sector. Consider joining us in advancing the beneficial uses of nuclear science and technology across the world,” said IAEA Director General Rafael Mariano Grossi.
2021, November, 25, 15:40:00
IRANIAN TALKS: NO PROGRESS
In Tehran on 23 November, Mr Grossi met with Mohammad Eslami, the Vice President of Iran and Head of the Atomic Energy Organization of Iran, and Hossein Amir-Abdollahian, Minister of Foreign Affairs.
2021, November, 25, 15:35:00
RENEWABLES NEED INVESTMENT $131 TLN
Around 80% of this is expected to come from the private sector, with debt financing growing to a 60% share within that, IRENA deputy director-general Gauri Singh said.
2021, November, 25, 15:30:00
SMR SUPPLY WORLDWIDE
"The partnership with Hyundai Engineering & Construction enhances our ability to deliver SMR-160 projects on schedule and at a competitive price," Holtec Senior Vice President of International Projects Rick Springman said.
2021, November, 25, 15:25:00
S.KOREA COAL POWER DOWN
"A total of 8 to 16 coal-fired power plants will be offline from Dec. 1 to Feb. 28 as part of efforts to reduce fine dust emissions in the winter period," the Ministry of Trade, Industry and Energy said in a statement.
2021, November, 25, 15:20:00
U.S. RIGS UP 6 TO 569
U.S. Rig Count is up 6 from last week to 569, Canada Rig Count is up 4 from last week to 171.
2021, November, 24, 12:15:00
OIL PRICE: NEAR $83 AGAIN
Brent rose 13 cents, or 0.2%, to $82.44 a barrel, WTI increased 20 cents, or 0.3%, to $78.70 a barrel.
2021, November, 24, 12:10:00
OPEC WITHOUT CHANGES
The OPEC+ alliance is scheduled to meet Dec. 2 to decide on January production levels, amid strong hints from the US, China, Japan and India that a coordinated crude release from their strategic petroleum reserves was imminent.