All publications by tag «S»
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2022, September, 28, 12:35:00
EUROPEAN GAS PRICES UP AGAIN
Dutch front-month gas, the European benchmark, rose 11% to 206 euros per megawatt-hour at 8:47 a.m. in Amsterdam. Price increased 7.1% on Tuesday.
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2022, September, 28, 12:30:00
NORD STREAM WAS DAMAGED
The currently out-of-action Nord Stream pipeline system was damaged, with Germany saying it suspected it was an act of sabotage.
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2022, September, 28, 12:25:00
RUSSIA, UKRAINE SANCTIONS
Naftogaz and Gazprom signed in December 2019 a gas transit agreement under ship-or-pay terms, meaning Gazprom is obliged to pay for transit whether it uses it or not.
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2022, September, 28, 12:15:00
S.KOREAN SMR CO2 NUCLEAR
Supercritical carbon dioxide can get much hotter than steam - up to 700°C. It can potentially be used in a Brayton cycle which has the potential to be much more efficient at turning heat from power plants into energy than the traditional steam-based Rankine cycle used in today's thermal power plants.
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2022, September, 28, 12:10:00
NORWAY OIL, GAS PRODUCTION 1.998 MBD
Preliminary production figures for August 2022 show an average daily production of 1 998 000 barrels of oil, NGL and condensate.
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2022, September, 28, 12:05:00
U.S. FEDERAL FUNDS RATE 3.00 - 3.25%
The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 3 to 3-1/4 percent and anticipates that ongoing increases in the target range will be appropriate.
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2022, September, 27, 16:55:00
OIL PRICE: BRENT ABOVE $85, WTI NEAR $78
Brent was up $1.49, or 1.8%, to $85.55 a barrel, WTI was up $1.37, or 1.8%, at $78.08.
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2022, September, 27, 16:40:00
RUSSIAN OIL FOR CHINA UP
The share of imports from Russia has likely risen because of lower imports into China and shifting trade patterns following Russia’s full-scale invasion of Ukraine. Western economic sanctions have reduced demand for Russian crude oil, and as a result, have left Russia to look for alternative export destinations.
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2022, September, 27, 16:35:00
EUROPEAN HYDROGEN INVESTMENT €5.2 BLN
The European Commission has approved state aid worth €5.2bn for a second wave of hydrogen related Important Projects of Common European Interest (IPCEI), helping to reduce dependence on natural gas and accelerate the hydrogen economy.
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2022, September, 27, 16:30:00
EUROPEAN SPACE SOLAR POWER
The SBSP system would cost 33.4 billion euros to build and 31.1 billion euros to operate for 30 years, in case of medium technological advances.