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2019, February, 13, 12:10:00

OPEC ISN'T A CARTEL

REUTERS - OPEC Secretary-General Mohammad Barkindo said the exporting group was not in the business of fixing oil prices, when asked on Monday to comment on a U.S. House committee passing a bill targeting OPEC oil supply cuts.

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2019, February, 13, 12:05:00

JAPAN'S COAL UPDOWN

JAPANTODAY - the Japanese government has shifted toward coal, with the construction of 50 new coal-fired power stations planned across the country since 2012.

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2019, February, 13, 12:00:00

U.S. LNG FOR EUROPE

PLATTS - Europe is likely to be a prime destination for US LNG cargoes well into the next decade as shipping costs make Europe preferable to Asia as a destination for US exporters, Massimo Mantovani, head of gas and LNG marketing at Italy's Eni, said Monday.

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2019, February, 13, 11:50:00

IMPORTANT EUROPE'S NUCLEAR

WNN - Nuclear energy can help the European Union achieve a sustainable and low-carbon future while providing people with reliable and affordable electricity, Foratom - the European nuclear trade body - says in a new position paper.

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2019, February, 13, 11:45:00

INDIA'S ENERGY SECURITY

PLATTS - "We have taken several measures to overhaul the hydrocarbon policy framework to ensure energy security for the country, while pursuing the green path to progress," petroleum minister Dharmendra Pradhan said.

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2019, February, 13, 11:40:00

INDIA'S NUCLEAR NOT ENOUGH

WNN - A lack of available domestically produced nuclear fuel and delays in constructing and commissioning nuclear power plants, including first-of-a-kind plants and the Prototype Fast Breeder Reactor (PFBR), meant that India failed to meet its nuclear generation targets under the governmental plans over the decade to 2017.

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2019, February, 13, 11:35:00

NETHERLANDS GDP UP 2.6%

IMF - The Dutch economy has performed very well in recent years. Growth is estimated at 2.6 percent in the 2018, owing to strong domestic demand and robust net exports.

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2019, February, 11, 10:40:00

OIL PRICE: NEAR $62 YET

REUTERS - U.S. West Texas Intermediate (WTI) crude futures were at $52.09 per barrel at 0347 GMT, down 63 cents, or 1.2 percent, from their last settlement. International Brent crude oil futures were down 49 cents, or 0.8 percent, at $61.61 a barrel.

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2019, February, 11, 10:35:00

RUSSIA SANCTIONS ISN'T OBSTACLE

PLATTS - "Imports of Russian crude oil and LNG do not go through any chokepoints such as the Strait of Hormuz. Therefore they are important for the diversification of Japan's energy import sources, and I hope that Russia will play an even larger role. I would like to continue working to expand our cooperation," Seko said.

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2019, February, 11, 10:30:00

NORD STREAM 2 CONTROL

REUTERS - Nord Stream 2 has divided the EU, with German opposition to the new draft rules stalling discussions since it was proposed by the EU executive in November 2017.

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