Analysis
2020, February, 26, 10:05:00
NETHERLAND'S GRONINGEN GAS DOWN ANEW
The Dutch government plans to reduce gas extraction from the Groningen gas field in 2020 from the expected 11.8 bcm to 10 bcm,
2020, February, 26, 09:45:00
CHINA'S RENEWABLE INVESTMENT $8.3 BLN
The China's state-owned company will spread a total renewable investment of CNY 58 billion (USD 8.3bn/EUR 7.6bn) between 25 new projects in 14 provinces and regions
2020, February, 26, 09:40:00
ENERGY CONSUMERS' NEEDS 2020
Based on more than 7,500 survey responses from consumers in the U.S. and Canada throughout 2019, here are three themes on the needs of today's energy consumers:
2020, February, 26, 09:35:00
CLEAN ENERGY: BENEFITS OF PAYERS
Yet ratepayers have not been able to benefit from these significantly lower costs of clean energy
2020, February, 24, 10:50:00
OIL PRICE: NEAR $57
Brent fell by $1.42, or 2.4%, to $57.08 a barrel, WTI fell by $1.26, or 2.4%, to $52.12.
2020, February, 24, 10:20:00
ARGENTINA'S RENEWABLE UP BY 86%
Renewable power production in Argentina jumped by 85.9% year-on-year to 956 GWh in January
2020, February, 24, 10:15:00
BRAZIL'S SOLAR POWER UP BY 19%
Brazil's solar power output in the first 15 days of the month went up to 587 average megawatts (MWa) from 495 MWa a year ago for a 18.6% increase.
2020, February, 24, 10:05:00
COLOMBIA'S GDP UP 3.3%
Despite slower regional and global growth, real GDP grew 3.3 percent in 2019 and is forecast to grow by 3.4 in 2020 led by internal demand. Sustained immigration, remittances, and accommodative monetary and credit conditions are expected to continue supporting private domestic demand, including rising investment. Notwithstanding growth resilience, the labor market remained weak in 2019.
2020, February, 24, 10:00:00
URUGUAY'S GDP GROWTH 2.1-2.5%
URUGUAY'S GDP growth is expected to rebound from an estimated 0.5 percent in 2019 to 2.1 percent in 2020 and 2.5 percent in 2021
2020, February, 24, 09:55:00
U.S. RIGS UP 1 TO 791
U.S. Rig Count is up 1 rig from last week to 791, Canada Rig Count is down 11 rigs from last week to 244
2020, February, 21, 12:35:00
OIL PRICE: ABOVE $58 YET
Brent was down 64 cents, or 1.1%, at $58.67 a barrel, WTI dropped 54 cents, or 1%, at $53.34 a barrel.
2020, February, 21, 12:30:00
OIL MARKET: NOTHING URGENT
Despite the partial recovery, oil prices are still far below the level many OPEC members need for their budgets to balance.
2020, February, 21, 12:25:00
RUSSIA'S COAL FOR ASIA
Russia's Sibanthracite group aims to boost the annual export capacity of Russian coals to 100 million mt with newly launched infrastructure project to build the second tunnel on Baikal Amur Mainline railway.
2020, February, 21, 12:20:00
GLOBAL LNG MARKET UP 12.5%
Global demand for liquefied natural gas (LNG) grew by 12.5% to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook published today – a significant increase that bolsters LNG’s growing role in the transition to a lower-carbon energy system.
2020, February, 21, 12:15:00
EUROPE'S GAS STORAGE LEVEL: +48%
European natural gas storage levels are 48% higher than the five-year (2015–19) average for February, largely a result of unseasonably warm weather in recent months and higher-than-average imports in 2019.