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2021, September, 13, 12:15:00
BRITAIN'S COAL UP
In August the UK went just 3 days without any coal use being in the energy mix something that has raised eyebrows among critics of the government’s green energy and NetZero emissions targets.
2021, September, 13, 12:10:00
AUSTRALIA'S SANTOS MERGE
The Merger creates a regional champion of size and scale, with a pro-forma market capitalisation of approximately A$21 billion
2021, September, 13, 12:05:00
U.S. RIGS UP 6 TO 503
U.S. Rig Count is up 6 from last week to 503 , Canada Rig Count is down 9 from last week to 143.
2021, September, 10, 12:55:00
OIL PRICE: BELOW $73 YET
Brent rose $1.20, or 1.7%, to $72.65, WTI was at $69.19, up $1.05 or 1.5%.
2021, September, 10, 12:50:00
NORD STREAM 2 COMPLETED
On Sept. 6, Gazprom said that pipelaying work on the project had been completed and commercial operations are expected to begin before the end of 2021. Nord Stream 2 includes two strings of 27.5 Bcm.
2021, September, 10, 12:45:00
THE NEW RUSSIAN NUCLEAR
The MBIR is a 150 MWt, sodium-cooled fast reactor and will have a design life of up to 50 years.
2021, September, 10, 12:40:00
OIL PRICES 2021-22: $71-$66
We expect Brent prices will remain near current levels for the remainder of 2021, averaging $71/b during the fourth quarter of 2021 (4Q21). In 2022, we expect that growth in production from OPEC+, U.S. tight oil, and other non-OPEC countries will outpace slowing growth in global oil consumption and contribute to Brent prices declining to an annual average of $66/b.
2021, September, 10, 12:35:00
NUCLEAR FUEL IS NEEDED
Nuclear generation capacity is expected to grow by 2.6% annually, reaching 615 GWe by 2040
2021, September, 10, 12:30:00
CHINA'S HYDROPOWER UP
China has unveiled a plan to expand its pumped-storage hydropower capacity to 62 GW in 2025 and 120 GW in 2030.
2021, September, 10, 12:20:00
U.S. OIL INVENTORIES DOWN BY 1.5 MB TO 423.9 MB
U.S. commercial crude oil inventories decreased by 1.5 million barrels from the previous week to 423.9 million barrels.