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2021, October, 29, 13:55:00
BRITAIN'S NUCLEAR INVESTMENT $2.3 BLN
In December 2020, the UK government announced it would begin talks with EDF Energy to enable investment in the planned Sizewell C nuclear power plant project. The latest government statement confirmed these negotiations are ongoing.
2021, October, 29, 13:50:00
CHINA CLIMATE TARGETS
China stated that it aims to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060.
2021, October, 29, 13:45:00
INDIA'S POWER DEMAND GROWTH
As per the recently released, World Energy Outlook 2021, IEA forecasts that’s India's power demand is slated to nearly treble to 5000 TWh by 2050, let primarily by renewable sources of energy.
2021, October, 29, 13:40:00
GAZPROM: MORE LNG
The Company's work in this promising direction will make it possible to strengthen the position of Gazprom in foreign markets and address in a more flexible manner the tasks related to providing reliable gas supplies to domestic consumers.
2021, October, 29, 13:35:00
SAUDI ARABIA'S HYDROGEN PROJECT $7.2 BLN
The Jazan IGCC project will convert vacuum residue to be produced in the adjacent Jazan refinery (400,000 bbl/d) into synthesis gas (syngas).
2021, October, 29, 13:30:00
U.S. OIL INVENTORIES UP BY 4.3 MB TO 430.8 MB
U.S. commercial crude oil inventories increased by 4.3 million barrels from the previous week to 430.8 million barrels.
2021, October, 28, 14:10:00
OIL PRICE: NOT BELOW $83
Brent dropped $1.07, or 1.3%, to $83.51 a barrel, WTI was down $1.20, or 1.5%, at $81.46.
2021, October, 28, 14:05:00
GLOBAL CLIMATE INVESTMENT 2030: $5 TLN
None of the 40 indicators it assessed are in line with the 2015 Paris Agreement goal of reining in average temperature rise to "well below" 2C, and ideally 1.5C, above preindustrial times.
2021, October, 28, 14:00:00
OPEC+ OIL DELIVERIES +400 TBD
OPEC+ has been sticking to its script of bringing on 400,000 b/d of crude to the market each month, with the Saudi energy minister suggesting panic buying is causing much of the market tightness.
2021, October, 28, 13:55:00
CHINA GAS DEMAND WILL UP 10%
Chinese energy firms and government researchers expect a significant increase in gas demand for power generation and industrial sectors this winter as a nationwide coal supply crunch and power outtages drive up demand for alternative fuels.
