Analysis
2023, February, 27, 10:05:00
EUROPE WITHOUT RUSSIAN GAS
At the same time, Russian LNG imports into the EU rose by around a third to 14.1 million mt (19 Bcm), but it was LNG from other sources -- the US in particular -- that helped fill some of the gap left by lost Russian gas.
2023, February, 27, 10:00:00
EUROPEAN ENERGY CRACK
Even though Europe has significantly cut its reliance on Russian gas, a lot of the storage that they used to cut the reliance was actually Russian gas from the past.
2023, February, 27, 09:50:00
U.S. ELECTRICITY CRISIS
The electricity industry won’t be able to deal with future demands if it remains on its present modest growth trajectory.
2023, February, 27, 09:45:00
U.S. COAL GENERATION PROBLEM
The early retirement of approximately 150GW of coal generating facilities creates another issue for the plant owners, most of which are electric utilities.
2023, February, 27, 09:40:00
GREEN ENERGY FOR THE RICH
Since 2000, the world has spent more than $5 trillion on green energy.
2023, February, 27, 09:25:00
U.S. GDP UP BY 2.7%
Real gross domestic product (GDP) increased at an annual rate of 2.7 percent in the fourth quarter of 2022, according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent.
2023, February, 22, 11:45:00
OIL PRICE: BRENT ABOVE $82, WTI ABOVE $75
Brent fell 30 cents to $82.75 a barrel, WTI dropped by 38 cents to $75.98 a barrel.
2023, February, 22, 11:40:00
RUSSIAN OIL FOR CHINA RISE
Angola is among the hardest hit at the moment, with daily exports to China falling 27% so far this month compared with whole of February last year.
2023, February, 22, 11:35:00
EUROPEAN GAS CONSUMPTION DOWN
Overall gas use in the 27-nation European Union plunged by 19.3% from August to January compared with the five-year average for the same period,
2023, February, 22, 11:30:00
UN-NATURAL NATURAL GAS
You can't invest in Natural Gas on a daily basis, Its too volatile, but if you think of Natural Gas a long-term holding, then you push your profit horizon out.
2023, February, 22, 11:05:00
NORWAY OIL, GAS PRODUCTION 1.979 MBD
Preliminary production figures for January 2023 show an average daily production of 1 979 000 barrels of oil, NGL and condensate.
2023, February, 20, 12:10:00
OIL PRICE: BRENT BELOW $84, WTI ABOVE $76
Brent rose 70 cents, or 0.8%, to $83.70 a barrel, WTI was at $76.89 a barrel.
2023, February, 20, 12:05:00
RUSSIAN OIL FOR INDIA UP
Refiners in India, which rarely used to buy Russian oil because of costly logistics, have emerged as Russia's key oil client
2023, February, 20, 11:50:00
U.S. GREEN HYDROGEN MARKET DEVELOPMENT
Current hydrogen production technologies release significant carbon emissions, and up until now, cost has limited expansion to green hydrogen technologies.
2023, February, 17, 11:15:00
OIL PRICE: BRENT NEAR $84, WTI ABOVE $77
Brent dropped 96 cents, or 1.13%, to $84.18 per barrel, WTI shed 97 cents, a 1.24% loss, to $77.52.