Analysis
2023, June, 2, 06:45:00
GLOBAL RENEWABLE MADNESS
Wind and solar need to be backed up, close to 100 per cent, by some other means of power generation. If that backup is provided by open-cycle gas or worse, coal, net zero will never be achieved: nor anything very close to it.
2023, June, 2, 06:40:00
GLOBAL CLEAN ENERGY INVESTMENT
"For every dollar invested in fossil fuels, about 1.7 dollars are now going into clean energy. Five years ago, this ratio was one-to-one," Birol said.
2023, June, 2, 06:25:00
OIL ENTROPY
Voluntary production cuts by some members of OPEC is due this coming month. Russia lifts levy on Oil & Gas firms amid G7 Price cap on Crude Oil.
2023, June, 2, 06:05:00
U.S. OIL INVENTORIES UP BY 4.5 MB TO 459.7 MB
U.S. commercial crude oil inventories increased by 4.5 million barrels to 459.7 million barrels.
2023, May, 26, 07:00:00
OIL PRICE: BRENT NEAR $76, WTI ABOVE $71
Brent fell 30 cents to $75.96 a barrel, WTI was down by 14 cents at $71.69 a barrel.
2023, May, 26, 06:55:00
OPEC+ RUSSIA: NO CHANGES
Earlier this year Russia introduced a voluntary cut of 500,000 b/d from March after EU sanctions on imports of most Russian oil and G7 price caps came into force.
2023, May, 26, 06:40:00
U.S. RENEWABLES UP
New utility-scale solar capacity was 2,530 megawatts (MW) or 39.56% of the total ... and that does not include small-scale distributed PV systems. New wind capacity provided 1,475-MW or 23.06% of the total.
2023, May, 26, 06:35:00
BLOCKCHAIN FOR ENERGY MANAGEMENT
Adopting flexible load management (FLM) could deliver both customer benefits and support clean energy targets.
2023, May, 26, 06:30:00
AI FOR ENERGY EFFICIENCY
Artificial intelligence (AI) is revolutionizing various industries, and one area where its potential is particularly promising is in optimizing energy efficiency and reducing carbon emissions.
2023, May, 26, 06:25:00
NORWAY OIL, GAS PRODUCTION 2.035 MBD
Preliminary production figures for April 2023 show an average daily production of 2 035 000 barrels of oil, NGL and condensate.
2023, May, 26, 06:20:00
U.S. OIL INVENTORIES DOWN BY 12.5 MB TO 455.2 MB
U.S. commercial crude oil inventories decreased by 12.5 million barrels to 455.2 million barrels.
2023, May, 19, 07:00:00
OIL PRICE: BRENT ABOVE $76, WTI ABOVE $72
Brent rose 59 cents, or 0.8%, to $76.45 a barrel, WTI climbed 48 cents, or 0.7%, to $72.34.
2023, May, 19, 06:30:00
RENEWABLES FOR BRITAIN
In order to meet this goal, the UK must produce five times as much solar and four times more wind.
2023, May, 19, 06:25:00
EUROPEAN NUCLEAR RENEWABLES
France, which relies on nuclear for the bulk of its electricity supply, has been pushing to allow a greater role for the technology in the energy transition.
2023, May, 19, 06:15:00
U.S. OIL INVENTORIES UP BY 5.0 MB TO 467.6 MB
U.S. commercial crude oil inventories increased by 5.0 million barrels to 467.6 million barrels.
