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2024, February, 26, 06:25:00
GLOBAL MARKETS(2024) : A GOOD OLD SWITCHEROO
At the start of the month,we saw #Crudeoil longs data jump 17%, partly offsetting wrong-footed sales the previous week.Russia stated that the cut of 500k b/d to meet the quota expectations for the month of February as part of a package of cuts promised by the OPEC+.
2024, February, 21, 07:00:00
OIL PRICE: BRENT ABOVE $82, WTI ABOVE $77
Brent rose 30 cents or 0.36% to $82.64 a barrel, WTI were up 26 cents or 0.34% at $77.30.
2024, February, 21, 06:55:00
EUROPEAN INDUSTRY RISKS
Europe risks losing out to China and the US in the race to supply the technologies needed to roll out renewables and slash industrial emissions.
2024, February, 21, 06:50:00
EUROPEAN CARBON RISKS
“The European Commission’s carbon capture ambition is significant at ~450 million tonnes of CO2 by 2050, of which around 40% will come from direct air capture (DAC) alone, the most expensive carbon capture process.
2024, February, 21, 06:45:00
GERMANY IN RECESSION
While the outlook is weak, the bank said it expects no major deterioration in the labour market, which has insulated the economy so far, and Germany was not facing a broad-based, prolonged recession.
2024, February, 21, 06:40:00
GLOBAL ENERGY INDUSTRY OPPORTUNITIES 2024
The year 2024 is projected to be a potential turning point for the power industry, as it could witness a significant shift towards renewable energy.
2024, February, 21, 06:35:00
GLOBAL ENERGY INDUSTRY DEVELOPMENT 2024
In 2024, Energy consumers have more questions about the state of the Energy Industry's current initiatives than answers. Some areas to focus on include decarbonization, technology implementation, energy storage, and emergency responses.
2024, February, 21, 06:30:00
NUCLEAR FOR CHINA
The construction of two 1200 MWe Hualong One reactors as Phase I of the Jinqimen plant was approved by China's State Council at a meeting on 29 December last year.
2024, February, 21, 06:25:00
S.KOREA NEED NUCLEAR POWER
Atomic power would need to account for 40% to 45% of electricity supply, from about 30% now, for Korea to zero out its emissions by mid-century,
2024, February, 21, 06:20:00
BRITISH NUCLEAR NEED PEOPLE
The UK’s nuclear sector has launched its first sector-wide initiative to attract and recruit people over the next two decades into the civil and defence nuclear workforce.