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2023, July, 28, 06:40:00
U.S., GHANA NUCLEAR COOPERATION
The Ghana Nuclear Power Programme Organisation was formed to oversee the implementation and coordination of the nuclear power programme following a 2008 cabinet decision to include nuclear in the energy mix of the African country.
2023, July, 28, 06:35:00
TEXAS ENERGY RISKS ANEW
While that trails California’s 52%, Texas is a bigger market. It’s already No. 1 in wind, making it the largest clean energy market in the US.
2023, July, 21, 07:00:00
OIL PRICE: BRENT ABOVE $80, WTI NEAR $76
Brent rose 63 cents to $80.27 a barrel, WTI climbed 62 cents to $76.27 a barrel.
2023, July, 21, 06:55:00
EUROPEAN GAS PRICES UP
Benchmark futures settled 3.9% higher after another session of sharp price moves. Searing temperatures in parts of the region and global competition for liquefied natural gas continue to provide upward pressure — even as flows from Norway, Europe’s top supplier, return to levels last seen in April.
2023, July, 21, 06:50:00
GLOBAL CLIMATE WANT MONEY
BNEF estimates that the global annual green investments would need to almost triple to $6.9 trillion by 2030 to have any hope of getting to net zero by 2050.
2023, July, 21, 06:45:00
BAD WIND & SOLAR STRATEGY
Wind employs twice as many people as coal power generation. However, coal still produces 19.5% of our electricity while wind only accounts for 10.2%.
2023, July, 21, 06:40:00
GLOBAL ELECTRICITY MODERNIZATION
Historically, power cuts and outages were deemed a problem only for the developing world, however, we’re now seeing more of these issues in the so-called developed world, primarily driven by a lack of electricity infrastructure spend over many years.
2023, July, 21, 06:30:00
U.S. OIL INVENTORIES UP BY 0.7 MB TO 457.4 MB
U.S. commercial crude oil inventories decreased by 0.7 million barrels to 457.4 million barrels.
2023, July, 14, 07:00:00
OIL PRICE: BRENT ABOVE $81, WTI NEAR $77
Brent had added 5 cents, or 0.1%, to $81.41 per barrel, WTI rose 9 cents, or 0.1%, to $76.98.
2023, July, 14, 06:55:00
OIL PRICES 2023-24: $80 - $84
The Brent crude oil spot price will average $80 per barrel (b) in 4Q23 and $84/b in 2024.