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2022, October, 24, 12:25:00
OIL PRICE: BRENT NEAR $92, WTI ABOVE $83
Brent slid $1, or 1.1%, to $92.50 a barrel, WTI was at $84.02 a barrel, down $1.03, or 1.2%.
2022, October, 24, 12:20:00
EUROPEAN GAS PRICES DOWN YET
Benchmark futures declined as much as 12%, and are about 70% lower from the highs of August.
2022, October, 24, 12:15:00
GERMANY'S ENERGY CRISIS HELP €200 BLN
This €200bn package is expected to include a €96bn subsidy scheme which was introduced earlier in October 2022.
2022, October, 24, 12:10:00
ENERGY SECURITY OF CHINA, SAUDI ARABIA
Saudi Arabia is China's top crude supplier with most of the country's refineries designed to crack Middle East crudes.
2022, October, 24, 12:05:00
EUROPEAN RENEWABLES 69%
The REPowerEU plan, which aims to end the EU’s dependence on Russian fossil fuels and tackle the climate crisis, will seek to raise the share of renewables in the region’s final energy consumption to 45% by 2030.
2022, October, 24, 12:00:00
SHELL, QATAR LNG INVESTMENT $1.5 BLN
Qatar is carrying out another expansion plan, North Field East, which will cost almost $30 billion and is set to send out its first shipments in 2026. Some supply agreements have already been finalized for that project, Kaabi said.
2022, October, 24, 11:55:00
BRITAIN'S FUSION SUPPLY CHAIN
There is a huge potential fusion industry and businesses were urged to get involved in the supply chain now.
2022, October, 24, 11:50:00
PHILIPPINES RENEWABLE 30 GW
The Department of Energy said Thursday it issued 40 offshore wind service contracts with a potential capacity of 30,000 megawatts.
2022, October, 24, 11:45:00
NEW ZEALAND RENEWABLES 50%
The target was confirmed alongside the publication, on Friday, of the terms of reference for the New Zealand Energy Strategy, which maps out the ambitions and next steps for shifting to a “high performing, low emissions” future.
2022, October, 24, 11:40:00
U.S. RIGS UP 2 TO 771
U.S. Rig Count is up 2 from last week to 771, Canada Rig Count is down 6 from last week to 210.
