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2023, November, 27, 07:00:00OIL PRICE: BRENT NEAR $80, WTI ABOVE $75
Brent fell 37 cents, or 0.5%, to $80.21 a barrel, WTI were at $75.18 a barrel, down 36 cents, or 0.5%.
2023, November, 27, 06:55:00OPEC+ ONLINE MEETING
With global oil demand set to moderate in the first quarter of 2024, the OPEC+ alliance appears set to extend its production cuts, though the duration is yet to be determined, analysts say. As well, deeper cuts could be considered, some OPEC+ officials have hinted.
2023, November, 27, 06:50:00EUROPEAN POWER GRIDS INVESTMENT $637 BLN
Europe will need to invest 584 billion euros ($637 billion)to upgrade its power grids this decade, according to European Union estimates.
2023, November, 27, 06:45:00EUROPEAN NUCLEAR POWER
Nuclear had only partially been included in the commission's proposal for NZIA. Among the 10 technologies it proposed was "advanced technologies to produce energy from nuclear processes with minimal waste from the fuel cycle, small modular reactors, and related best-in-class fuels".
2023, November, 27, 06:40:00THE NEW FRANCE'S ENERGY & CLIMATE STRATEGY
France aims to reduce its final energy consumption by 30% in 2030 to 104 Mtoe (from around 143 Mtoe in 2022, according to first estimates), compared to 2012, and to reach a primary energy consumption of 157 Mtoe in 2030 (from 212 Mtoe in 2022).
2023, November, 27, 06:35:00S.KOREA, BRITAIN NUCLEAR COOPERATION
Among the areas for cooperation, the partnership will see the UK and Korea commit to strengthening cooperation on civil nuclear, including on large-scale, small-scale and advanced reactors, decommissioning and waste management, and supply chains.
2023, November, 27, 06:30:00SOUTH AFRICA'S ENERGY INVESTMENT $8.8 BLN
The inclusion of development projects in Mpumalanga is an attempt to cushion that region from the economic impact of facilities closing down. Almost all of South Africa’s electricity — more than 80% of which comes from coal — is generated in the province.
2023, November, 23, 07:00:00OIL PRICE: BRENT NEAR $81, WTI ABOVE $76
Brent were down $1.04, or 1.3%, at $80.92 a barrel, WTI dipped 90 cents, or 1.2%, to $76.20.
2023, November, 23, 06:55:00ЦЕНА НЕФТИ ОБЪЕКТИВНА
"На мой взгляд, цены на нефть сегодня объективно отражают существующую картину, они на достаточно хорошем уровне. Соответственно, рынок сбалансирован. Мы все эти вопросы подробно будем обсуждать на встрече (ОПЕК+ — ред.)", — сказал Новак.
2023, November, 23, 06:50:00RUSSIAN OIL GAS PRODUCTION DOWN
Russia is expected to reduce both oil and natural gas production this year, according to Deputy Prime Minister Alexander Novak. Oil is projected to fall by 8 million tons to 527 million tons, compared to 535 million tons last year, he said.