2018, September, 12, 11:35:00OIL PRICES 2018-19: $73-$74
U.S. EIA - EIA expects Brent spot prices will average $73/b in 2018 and $74/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019. NYMEX WTI futures and options contract values for December 2018 delivery that traded during the five-day period ending September 6, 2018, suggest a range of $56/b to $85/b encompasses the market expectation for December WTI prices at the 95% confidence level.
2018, September, 10, 12:25:00BANGLADESH LNG ENERGY: $3 BLN
PLATTS - Germany's Siemens AG and Bangladesh's state-run North-West Power Generation Company Ltd Friday signed a joint development agreement to develop a 3,600 MW power plant at Payra in southern Bangladesh that will run on regasified LNG.
2018, September, 10, 12:20:00ELECTRICITY & NUCLEAR OPPORTUNITIES
WNN - The electrification of transport could potentially offer many opportunities for nuclear generation, Brandon Munro told the World Nuclear Association Symposium 2018 in London.
2018, August, 8, 12:05:00OIL PRICES 2018 - 19: $72 - $71
EIA - Brent crude oil spot prices averaged $74 per barrel (b) in July, largely unchanged from the average in June. EIA expects Brent spot prices will average $72/b in 2018 and $71/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.
2018, August, 1, 09:15:00EDF NUCLEAR & HYDRO UP
PLATTS - EDF maintained its annual French nuclear output target of 395 TWh and reported further progress in the regulator-requested Creusot review of its entire nuclear fleet with 34 reactors now cleared and 48 files submitted to the ASN by July 30.
2018, July, 27, 12:05:00BRITAIN'S NUCLEAR POWER: 21%
WNN - The Digest of UK Energy Statistics (DUKEs), published today by the Department for Business, Energy and Industrial Strategy (BEIS), shows low-carbon sources of electricity accounted for a record 50.1% of power generated in the UK in 2017, which is up from 45.6% the previous year. This figure consists of 21.0% from nuclear, 14.8% wind (onshore and offshore), 3.4% solar and 2.3% hydro amongst low-carbon power sources.
2018, July, 23, 13:25:00GLOBAL ENERGY INVESTMENT DOWN 2%
IEA - For the third consecutive year, global energy investment declined, to USD 1.8 trillion (United States dollars) in 2017 – a fall of 2% in real terms. The power generation sector accounted for most of this decline, due to fewer additions of coal, hydro and nuclear power capacity, which more than offset increased investment in solar photovoltaics.
2018, July, 11, 08:45:00BP INVESTS IN DIGITAL £1.5 MLN
BP - BP Ventures, in support of BP Alternative Energy’s strategy in low-carbon power, storage and digital energy, has invested £1.5 million in Voltaware, whose innovative energy monitor offers businesses the ability to track their energy demand in detail, down to individual appliances.
2018, July, 6, 11:15:00U.S. ELECTRICITY INVESTMENT
WSJ - A California utility is seeking permission to have a company build the world’s largest battery, joining a growing list of power companies investing in storing electricity. Pacific Gas & Electric Co., part of PG&E Corp. , detailed plans for four storage projects totaling nearly 570 megawatts in a Friday filing to regulators, including a 300-megawatt battery installation at a natural-gas-fired power plant owned by Vistra Energy Corp.
2018, July, 4, 12:01:00THE NEW JAPAN'S ENERGY PLAN
WNN - A new basic energy plan that sets goals for Japan's energy mix to 2030 and presents scenarios to 2050 was today approved by the Cabinet. Under the plan, nuclear will remain a key energy source, accounting for 20-22% of the country's electricity generation up to 2030.
2018, June, 22, 13:10:00THE LARGEST VENEZUELA'S OIL
U.S. EIA - Venezuela holds the largest oil reserves in the world, in large part because of the heavy oil reserves in the Orinoco Oil Basin. In addition to oil reserves, Venezuela has sizeable natural gas reserves, although the development of natural gas lags significantly behind that of oil. However, in the wake of political and economic instability in the country, crude oil production has dramatically decreased, reaching a multi-decades low in mid-2018.
2018, June, 15, 11:10:00BP: GROWTH IN ENERGY DEMAND UP
BP - In 2017 global energy demand grew by 2.2%, above its 10-year average of 1.7%. This above-trend growth was driven by stronger economic growth in the developed world and a slight slowing in the pace of improvement in energy intensity.
2018, June, 15, 10:50:00EU RENEWABLE ENERGY - 2030: 32%
REUTERS - EU negotiators agreed on Thursday to increase the share of renewables in the bloc’s energy production to 32 percent by 2030, a higher target than in draft rules but short of the level sought by some governments and the European Parliament.
2018, June, 13, 13:10:00OIL PRICES: 2018 - $71, 2019 - $68
EIA - Brent crude oil spot prices averaged $77 per barrel (b) in May, an increase of $5/b from the April level and the highest monthly average price since November 2014. EIA forecasts Brent spot prices will average $71/b in 2018 and $68/b in 2019. The 2019 forecast price is $2/b higher than in the May STEO. EIA expects West Texas Intermediate (WTI) crude oil prices will average almost $7/b lower than Brent prices in 2018 and $6/b lower than Brent prices in 2019
2018, May, 23, 10:15:00NO OIL FUTURE 2040
BLOOMBERG - Natural gas will probably emerge as the main fossil fuel “winner” as it balances renewables in power generation and is used as a substitute for oil in petrochemicals. Long-term gas demand is set to increase by 15 percent, or by 750 billion cubic meters, compared to business as usual,