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2023, November, 23, 06:35:00
U.S. DEBT $33.7 TLN
There is no rocket science to the three basic choices for grappling with a national debt that has doubled in just the last decade and stands at $33.7 trillion, around 124% of GDP: raise taxes, cut spending or do a combination of the two.
2023, November, 23, 06:30:00
VENEZUELA'S DEBT OVERVIEW
We estimate Venezuela’s external debt stands at around US$167 billion. The majority is from the sovereign at US$107 billion, with PDVSA adding US$59 billion and ELECAR another US$1 billion. 21% is arrears due to missed interest payments.
2023, November, 23, 06:20:00
URANIUM PRICES MAXIMUM
Following the invasion of Ukraine, things couldn’t be more different, with countries looking to nuclear power as a source of low-carbon power that can diversify their mix from intermittent renewable energy and imported fossil fuels.
2023, November, 23, 06:15:00
U.S. BATTERY INVESTMENT $3.5 BLN
The U.S. Department of Energy (DOE) announced up to $3.5 billion from the Infrastructure Law to boost domestic production of advanced batteries and battery materials nationwide.
2023, November, 23, 06:10:00
INDONESIAN ENERGY TRANSITION INVESTMENT $21.6 BLN
Indonesia’s investment plan, known as the Comprehensive Investment and Policy Plan (CIPP), states that Indonesia aims to increase the share of renewable energy in its power generation to 44% by 2030 (18% in 2022).
2023, November, 23, 06:05:00
GLOBAL RAPID OVERHEATING
Not only was September the hottest month ever, it also exceeded the previous record by an unprecedented 0.5°C, with global average temperatures at 1.8°C above pre-industrial levels.
2023, November, 23, 06:00:00
NUCLEAR FOR SRI LANKA
Sri Lanka's 2020 production of 15.6 TWh of electricity was dominated by fossil fuels, which accounted for some 10 TWh, and hydro (5 TWh) alongside some wind and solar,
2023, November, 22, 07:00:00
OIL PRICE: BRENT ABOVE $82, WTI NEAR $78
Brent rose 11 cents, or 0.1%, to $82.56 a barrel, WTI rose 14 cents, or 0.2%, to $77.91.
2023, November, 22, 06:55:00
RUSSIAN OIL PRICE COMFORT
Ministers from OPEC+, which groups the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, meet on Sunday in Vienna.
2023, November, 22, 06:50:00
RUSSIAN, EUROPE OIL CAP
The European Commission hopes to introduce a "requirement for attestations to also include itemized ancillary costs, such as insurance and freight," on top of a declaration on the price paid for the Russian oil.