Energy
2018, November, 22, 10:45:00
CONTINUED AUSTRALIA'S GROWTH
IMF - Australia’s recent strong growth is expected to continue in the near term, further reducing slack in the economy and leading the way to gradual upward pressure on wages and prices.
2018, November, 14, 12:10:00
NATURAL GAS: THE SECOND
REUTERS - Global gas demand would increase by 1.6 percent a year to 2040 and would be 45 percent higher by then than today,
2018, November, 14, 11:55:00
NUCLEAR NEEDS INVESTMENT
WNN - world electricity generation increases from 25,679 TWh in 2017 to 30,253 TWh in 2025 and to 40,443 TWh in 2040. Global nuclear generation increases from 2637 TWh in 2017 to 3726 TWh in 2040, when it will account for around 9% of total electricity production, down from the current level of about 10.5%. Fossil fuels remain the major source for electricity generation under this scenario, but their share falls from around two-thirds today to under 50% by 2040.
2018, November, 14, 11:50:00
NUCLEAR POWER CHANGING
WNN - The search for solutions to climate change must include discussion of nuclear power, Scott Foster, director of the Sustainable Energy Division of UNECE, told
2018, October, 22, 11:50:00
IMF HAS UKRAINE FOR $3.9 BLN
IMF - The agreement reached today reflects the IMF’s commitment to continue to help Ukraine achieve stronger, sustainable, and inclusive economic growth. The new program has been developed in close coordination with the World Bank and the European Union, who have parallel operations to support Ukraine. The authorities’ steadfast and effective implementation will be critical for the program to achieve its objectives.
2018, October, 12, 10:55:00
SWITZERLAND'S ENERGY CHANGES
IEA - Switzerland has the lowest carbon-intensity of its energy supply among all IEA countries thanks to a largely carbon-free electricity sector dominated by hydro and nuclear generation. However, with the country’s 2017 decision to gradually phase-out nuclear power, Switzerland faces a considerable energy-sector transition in coming decades.
2018, October, 10, 07:50:00
CRITICAL ROLE OF BIOENERGY
IEA - Modern bioenergy will have the biggest growth in renewable resources between 2018 and 2023, underscoring its critical role in building a robust renewable portfolio and ensuring a more secure and sustainable energy system, according to the International Energy Agency’s latest market forecast.
2018, October, 8, 11:00:00
INDIAN - RUSSIAN ENERGY COOPERATION
PLATTS - The two leaders, who met during a state visit to India by Putin, said in a statement that companies should "consider a wide range of opportunities for cooperation, including long-term contracts, joint ventures and acquisitions of energy assets in both countries, as well as possible cooperation in third countries".
2018, October, 1, 11:40:00
RUSSIAN ENERGY - 2018
REW-2018 - Russian President Vladimir Putin will take part in the plenary session ‘Sustainable Energy for a Changing World’ during the Russian Energy Week International Forum.
2018, September, 26, 09:35:00
OPEC: GLOBAL ENERGY DEMAND WILL UP BY 33%
OPEC - Total primary energy demand is expected to increase by 91 mboe/d between 2015 and 2040 to reach 365 mboe/d in 2040
2018, September, 24, 15:30:00
BALANCED OIL MARKET
OPEC - The JMMC noted that, despite growing uncertainties surrounding market fundamentals, including the economy, demand and supply, the participating producing countries of the DoC continue to seek a balanced and sustainably stable global oil market, serving the interests of consumers, producers, the industry and the global economy at large. The Committee also expressed its satisfaction regarding the current oil market outlook, with an overall healthy balance between supply and demand.
2018, September, 24, 15:15:00
THE TRADE WAR LIMITING U.S.
API - “Placing constraints on exports of American-made energy works against America’s energy future,” said API Chief Economist Dean Foreman. “While the picture is still a bit muddied, it seems to be getting clearer – the trade war appears to be limiting the United States’ access to crude export markets. As we produce more energy here at home, the U.S. needs markets for its products in order for our economy to continue to grow. There’s no question that the 1.6 MBD increase U.S. petroleum net imports, which undid a full year’s worth progress, is a setback to the United States’ goal of energy dominance.”
2018, September, 21, 09:55:00
RIO TINTO BUYBACK: $3.2 BLN
RIO TINTO - The proceeds will be returned through a $3.2 billion share buy-back programme (the “Programme”), combining an off-market buy-back tender targeting up to 41.2 million Rio Tinto Limited shares (approximately A$2.7 billion ($1.9 billion )) and further on-market purchases of Rio Tinto plc shares. The Programme is subject to market conditions and compliance with all applicable laws and regulations.
2018, September, 17, 14:55:00
SEVEN NUCLEAR FACTORS
WNN - The future of nuclear energy depends on the industry’s readiness to address the seven factors influencing its prospects, the deputy director general of the International Atomic Energy Agency (IAEA) told delegates at the World Nuclear Association Symposium 2018 held in London last week.
2018, August, 10, 09:55:00
DUMB SOLAR ENERGY
REUTERS - Pumping carbon dioxide into the air makes the planet greener; the United Nations puts out fake science about climate change to control the global energy market; and wind and solar energy are simply “dumb”.