Analysis
2021, June, 16, 11:05:00
HYDROPOWER WILL NEED TO DOUBLE
To limit dangerous global warming and achieve net zero by 2050, the International Energy Agency (IEA) says the water power sector will need to double in size to 2,600GW.
2021, June, 16, 11:00:00
U.S. SOLAR POWER OVER 100 GW
Renewable energy accounted for nearly 100% of all new electric capacity in Q1 with solar doubling in the last 3.5 years
2021, June, 16, 10:40:00
BIG OIL RENEWABLE INVESTMENT UP
Oil & Gas (O&G) companies in fact increased their overall investment into various forms of clean energy by over 30%
2021, June, 16, 10:35:00
U.S. RIGS UP 5 TO 461
U.S. Rig Count is up 5 from last week to 461, Canada Rig Count is up 16 from last week to 93.
2021, June, 10, 13:05:00
OIL PRICE: ABOVE $72 ANEW
Brent remained unchanged to settle at $72.22 a barrel, WTI closed 9 cents, or 0.1%, lower at $69.96 a barrel,
2021, June, 10, 13:00:00
GLOBAL LNG MARKET CHANGES
In Asia, net-zero carbon ambitions will likely require US LNG to arrive in the form of certified low- or carbon-neutral cargoes,
2021, June, 10, 12:35:00
U.S. OIL INVENTORIES DOWN 5.2 MB TO 474.0 MB
U.S. commercial crude oil inventories decreased by 5.2 million barrels from the previous week to 474.0 million barrels.
2021, June, 9, 12:55:00
OIL PRICE: ABOVE $72
Brent rose 73 cents, or 1%, to close at $72.22 a barrel, WTI rose 82 cents, or 1.2%, to settle at $70.05 a barrel,
2021, June, 9, 12:50:00
OIL PRICES 2021-22: $68-60
EIA forecasts that Brent prices will remain near current levels in 3Q21, averaging $68/b., and $60/b in 2022.
2021, June, 9, 12:45:00
OPEC+ OIL PRODUCTION UP 430 TBD
Despite the production gains, the looser quotas meant OPEC+ compliance stayed mostly steady at 111.45% compared to 111.16% in April,
2021, June, 8, 14:15:00
OIL PRICE: NEAR $71
Brent was down 35 cents, or 0.5%, at $71.14 a barrel, WTI was off by 32 cents, or 0.5%, at $68.91 a barrel,
2021, June, 8, 14:10:00
OIL PRICE: $70 IN FOCUS
We are still on focus for the 70$/bbl on the CrudeOil
2021, June, 8, 14:05:00
GLOBAL OIL, GAS DEFICIT
Sechin urged the industry to prepare for oil demand recovery in the wake of the pandemic and said that while new waves of the pandemic may slow down the recovery process, they will not stop it.
2021, June, 8, 13:50:00
GLOBAL CLIMATE CHANGE PLAN
First do everything you can to reduce your power usage then right size your renewal energy.
2021, June, 8, 13:40:00
EUROPEAN EMISSIONS TRADING: EU ETS
The EU ETS represents one of the world’s largest CO2 markets. It caps emissions from about 10,000 power sector, industrial and aviation installations from all EU countries plus Iceland, Liechtenstein, Norway and Switzerland.
