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2020, June, 26, 11:25:00
SAUDI'S OIL FOR CHINA UP
China's arrivals from Saudi last month reached 9.165 million tonnes, or 2.16 million barrels per day (bpd), up about 95% from 1.11 million bpd in May 2019 and up 71% from 1.26 million bpd in April,
2020, June, 26, 11:20:00
THE NEW CHINA'S COAL
New coal plant projects proposed this year in China would add more than 40GW to the country’s power supply
2020, June, 26, 11:15:00
VIRTUAL POWER PLANTS
A virtual power plant (VPP) is one that connects a network of distributed energy resources (DERs) together using cloud-based control software to enable effective power generation and distribution.
2020, June, 26, 11:10:00
HYDROGEN FOR FUEL CELLS
Hydrogen fuel cells can also open up additional revenue streams for utilities
2020, June, 25, 14:15:00
OIL PRICE: NEAR $40 ANEW
Brent fell 13 cents, or 0.3%, to $40.18 a barrel, WTI declined 23 cents, or 0.6%, to $37.78 a barrel.
2020, June, 25, 14:10:00
U.S. OIL INVENTORIES UP BY 1.4 MB TO 540.7 MB
U.S. commercial crude oil inventories increased by 1.4 million barrels from the previous week to 540.7 million barrels
2020, June, 25, 14:05:00
U.S. OIL EXPORTS UP 3 MBD
Weekly US crude oil exports averaged 3.16 million b/d for the week ended on June 19
2020, June, 25, 14:00:00
U.S. OIL IMPORTS DOWN 36%
South Korean refiners imported 7.407 million barrels of US crude in May, compared with 11.516 million barrels a year earlier,
2020, June, 25, 13:55:00
CHINA'S ENERGY UP
China plans to increase the share of renewables (including hydro) in the power mix to 28.2% in 2020.
2020, June, 25, 13:50:00
SAUDI OIL EXPORTS DOWN $12 BLN
Amid a drop in demand and oil prices, in the first quarter the value of Saudi Arabia’s oil exports plunged by 21.9% year on year to $40 billion, corresponding to a decline of about $11 billion,