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2022, October, 31, 12:05:00
EUROPEAN GAS PRICES UPDOWN ANEW
The recent fall in European gas prices may not last, according to Italian energy major Eni SpA. “It’s a temporary situation,” Chief Executive Officer Claudio Descalzi said in Abu Dhabi. “We have problems in 2023 because in 2023 we don’t have Russian gas.”
2022, October, 31, 12:00:00
EUROPEAN WINTER GAS RISKS
The push to fill storage facilities before the start of winter has been successful -- with many close to capacity. But some suppliers may now want to hold back those reserves until they can sell their stored gas at more attractive rates.
2022, October, 31, 11:55:00
U.S. REVOLUTIONARY ENERGY DEMAND
Just eliminating fossil fuel alone is a tall order -- 22 percent of the current generating mix is coal and 38 percent is natural gas. Half of the generation will, in theory, go offline while demand for electricity soars.
2022, October, 31, 11:50:00
U.S., INDIA CLEAN ENERGY INITIATIVE
The US and India have continually increased their trade in other sectors, so this has made partnering on energy very easy. Additionally, both countries are facing difficulties with keeping energy prices low, so they have had to look for new initiatives.
2022, October, 31, 11:45:00
MAURITANIA RENEWABLES 30 GW
The AMAN project, located in the Dakhlet Nouadhibou and Inchiri regions of Mauritania, will include 18GW of wind capacity and 12GW of solar capacity.
2022, October, 31, 11:40:00
NUCLEAR SMR FOR GHANA
As a first step toward enhancing cooperation under WECAN, the USA and Japan announced a partnership with Ghana to support Ghana's ambition of being a first mover in SMR deployment in Africa and establishing itself as an advanced nuclear technology hub.
2022, October, 31, 11:35:00
U.S. RIGS DOWN 3 TO 768
U.S. Rig Count is down 3 from last week to 768, Canada Rig Count is up 2 from last week to 212.
2022, October, 28, 12:05:00
OIL PRICE: BRENT BELOW $97, WTI ABOVE $88
Brent dropped $1.02, or 1.1%, to $95.94 a barrel, WTI were down $1.24, or 1.4%, at $87.84 a barrel.
2022, October, 28, 12:00:00
EUROPEAN GAS PRICE UPDOWN
Dutch front-month gas, Europe’s benchmark, rose 3.4% to €111 per megawatt-hour at 8:57 a.m. in Amsterdam, paring some of the weekly decline.
2022, October, 28, 11:55:00
EUROPEAN GAS DEFICIT
While US fuel now makes up 40% of Europe’s liquefied natural gas imports, it will only offset a fraction of the deficit from Russia next summer,
