Analysis
2020, February, 12, 12:20:00
OIL PRICE: ABOVE $55 ANEW
Brent was up $1.12, or 2.1%, at $55.13 per barrel, WTI rose 74 cents, or 1.5%, to $50.68 a barrel.
2020, February, 12, 12:12:00
OIL PRICES 2020-21: $61-68
EIA forecasts Brent prices will average $61/b in 2020; with prices averaging $58/b during the first half of the year and $64/b during the second half of the year. EIA forecasts the average Brent prices will rise to an average of $68/b in 2021.
2020, February, 12, 12:00:00
U.S. SHALE GAS WRITE-DOWNS
EQT Corp, the largest U.S. gas producer, recently said it would take a write-down of as much as $1.8 billion, following CNX Resources Corp, Royal Dutch Shell Plc and Chevron Corp in reducing the value of gas properties.
2020, February, 12, 11:50:00
RUSSIA'S OIL FOR U.S.
US imports of unfinished oils from Russia averaged 472,000 b/d in November, the most since May 2013, when the same amount of unfinished oils was imported from Russia.
2020, February, 12, 11:45:00
6 UNDERVALUED ENERGY STOCKS. FEBRUARY 2020
Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.
2020, February, 12, 11:40:00
GLOBAL CO2 EMISSIONS UNCHANGED
Global energy-related CO2 emissions flattened in 2019 at around 33 gigatonnes (Gt), following two years of increases.
2020, February, 10, 10:50:00
OIL PRICE: ABOVE $54
Brent crude futures gave up losses to be up 17 cents at $54.64 a barrel while U.S. crude futures added 8 cents to $50.4 a barrel.
2020, February, 10, 10:25:00
U.S. COAL + NUCLEAR: 25%
U.S. coal and nuclear power plants will collectively provide more than 25% of electricity generation through 2050.
2020, February, 10, 10:15:00
SMALL NUCLEAR INCREASING
If current developments with small modular reactors in first month of 2020 are any indication of interest in this scale of nuclear technology, the 2020s could be the decade that SMRs take off. Here are six reports of interest in SMRs the U.S. and Europe.
2020, February, 10, 10:15:00
EUROPE'S WIND POWER: + 3.6 GW
installed offshore wind capacity in Europe reached a new record in annual installations with 3.6 GW connected to the grid in 2019 and raising Europe's total offshore wind capacity to 22.1 GW at the end of 2019
2020, February, 10, 10:10:00
INDIA'S ELECTRICITY UPGRADE
India’s national transmission grid must urgently modernise to increase the rate of renewable energy adoption
2020, February, 10, 10:05:00
ANGOLA NEED EXPLORATION
Angola's crude output has fallen from a peak of 1.9 million b/d in 2010 to 1.4 million b/d currently
2020, February, 10, 10:00:00
U.S. UNEMPLOYMENT NEAR 3.6%
the U.S. unemployment rate was little changed at 3.6 percent
2020, February, 10, 09:55:00
WORLDWIDE RIG COUNT UP 30 TO 2,073
The worldwide rig count for January 2020 was 2,073, up 30 from the 2,043 counted in December 2020, and down 192 from the 2,265 counted in January 2019.
2020, February, 10, 09:50:00
U.S. RIGS UNCHANGED TO 790
U.S. Rig Count is unchanged from last week at 790, Canada Rig Count is up 10 rig from last week at 257