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2020, June, 24, 12:30:00
U.S. LNG EXPORTS DOWN
A mild winter and COVID-19 mitigation efforts have led to declining global natural gas demand and high natural gas storage inventories in Europe and Asia, reducing the need for LNG imports.
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2020, June, 24, 12:25:00
GOLD PRICES UP MORE
All that and softness in the dollar, along with endless cheap liquidity from central banks, helped spot gold gain 0.2% to $1,770.92 per ounce after touching $1,773, its highest level since October 2012 in early Asian trade.
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2020, June, 24, 12:20:00
ADNOC INVESTMENT $20.7 BLN
The consortium will collectively acquire a 49% stake in ADNOC Gas Pipeline Assets LLC (ADNOC Gas Pipelines), a newly formed subsidiary of ADNOC with lease rights to 38 pipelines covering a total of 982.3 kilometers, with ADNOC holding the 51% majority stake.
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2020, June, 24, 12:15:00
CHINA'S RENEWABLE INVESTMENT $13 BLN
China plans to increase the share of renewables (including hydro) in the power mix to 28.2% in 2020 and the share of renewables (excluding hydro) is expected to reach 10.8%.
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2020, June, 23, 14:45:00
OIL PRICE: NEAR $44
Brent rose 49 cents, or 1.1%, to $43.57 a barrel, WTI was up 48 cents, or 1.2%, at $41.21 a barrel
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2020, June, 23, 14:35:00
NORD STREAM 2 COMPLETION: 2020
"I can briefly confirm that we continue to work on this project and expect that its construction will be completed at the end of 2020 or the beginning of 2021,"
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2020, June, 23, 14:32:00
CHOOSING THE BEST RENEWABLE ENERGY SYSTEMS FOR THE ENERGY TRANSITION
The Ecological Goal of the Energy Transition is to reduce global greenhouse gas emissions and prevent the most serious effects of climate change. Replacing energy Fossil Fuel Systems (FFS) with Renewable Energy Systems (RES) is a way to achieve the Ecological Goal.
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2020, June, 23, 14:30:00
AUSTRALIA'S RATING "AAA"
Australian economy supports a return to positive growth next year
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2020, June, 23, 14:25:00
SAUDI ARABIA, KUWAIT ARE WORKING
"Saudi Arabian Chevron (SAC) and its partner, Kuwait Gulf Oil Co., continue to prepare its operations at the Wafra field,"