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2021, April, 2, 12:30:00
7 NET ZERO PRINCIPLES
Meeting our shared goals for avoiding dangerous climate change requires a dramatic acceleration of progress towards clean growth and resilience.
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2021, April, 2, 12:25:00
U.S. FUSION REACTOR
The United States now has a vision for a fusion pilot plant with design commencing soon.
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2021, April, 2, 12:20:00
CANADA'S SMR NUCLEAR
Between 2035-2050, SMRs could reduce greenhouse gas emissions by 216 megatonnes (Mt) in the heavy industrial sector. Canadian emissions from this sector are currently about 700 Mt per year.
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2021, April, 2, 12:15:00
WORLDWIDE RIG COUNT DOWN 38 TO 1,231
The Worldwide Rig Count for March was 1,231, down 38 from the 1,270 counted in February 2021,
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2021, April, 2, 12:10:00
U.S. RIGS UP 13 TO 430
U.S. Rig Count is up 13 from last week at 430, Canada Rig Count is down 12 from last week to 69
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2021, April, 1, 12:50:00
OIL PRICE: ABOVE $63 AGAIN
Brent was up by 91 cents, or 1.5%, at $63.65 a barrel. WTI was up 99 cents, or 1.7%, at $60.15 a barrel.
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2021, April, 1, 12:45:00
FRAGILE OIL DEMAND
The positives offer hope, but we need to remember that the environment remains challenging, complex and uncertain, with the market volatility we have witnessed in the last two weeks of March a reminder of the fragility facing economies and oil demand.
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2021, April, 1, 12:40:00
RELIABILITY OF RUSSIAN GAS
However, Russian gas remains competitive for European buyers given its low-cost production base and long-term reliability.
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2021, April, 1, 12:35:00
CHINA'S GREEN BONDS $15.7 BLN
Chinese issuers including banks, property developers, power generators and railway operators sold $15.7 billion of bonds during January-March period to fund ‘green’ projects such as clean and renewable energy,
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2021, April, 1, 12:30:00
U.S. POWER GRID REANIMATION $100 BLN
The plan proposes $100 billion in spending on upgrading and building out the nation's aging and regionally siloed electric transmission system. Various studies have estimated the U.S. will need to double or even triple its electric transmission capacity to successfully decarbonize its economy by midcentury.