2019, May, 6, 11:40:00COAL FIRED POWER PLANT FOR EUROPE
General Electric will build and equip a new 500 megawatt (MW) coal-fired power plant in Kosovo
2019, May, 6, 11:35:00U.S. UNCOMPLETED WELLS UP
The number of drilled but uncompleted wells in seven key oil and natural gas production regions in the United States has increased over the last two years, reaching a high of 8,504 wells in February 2019,
2019, May, 6, 11:35:00U.S. UNEMPLOYMENT DOWN TO 3.6%
Total nonfarm payroll employment increased by 263,000 in April, and the unemployment rate declined to 3.6 percent, the U.S. Bureau of Labor Statistics reported
2019, May, 6, 11:25:00NORWAY'S FUND RETURNED 9.1%
The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Such investments shall be subject to the same profitability and transparency requirements as the other investments of the Fund, says Siv Jensen, Minister of Finance.
2019, May, 2, 16:25:00U.S. FEDERAL FUNDS RATE 2.25 - 2.5%
Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.
2019, May, 2, 16:20:00FRANCE'S NUCLEAR SHUTDOWN
France's ambitious energy plan will require substantial investment efforts over the next few years. Against this backdrop, the French government has expressed a willingness to propose a new remuneration framework for the existing nuclear fleet - though the timing and details of such a regulatory change remain uncertain and remote. What's more, the French state has opened the option of increasing its stake in EDF (currently 83.7%) by as early as 2019. If, or indeed when, these developments are implemented it could be credit positive.
2019, May, 2, 16:15:00GAZPROM'S PROFIT: TWICE
Profit attributable to the owners of PJSC Gazprom for the year ended December 31, 2018 amounted to RUB 1,456,270 million which is by RUB 741,968 million, or 104 %, more than for the year ended December 31, 2017.
2019, May, 2, 16:10:00BP'S RC PROFIT $2 BLN
For the first quarter, underlying replacement cost (RC) profit* was $2,358 million, compared with $2,586 million in 2018. Underlying RC profit is after adjusting RC profit* for a net charge for non-operating items* of $252 million and net adverse fair value accounting effects* of $11 million (both on a post-tax basis). RC profit was $2,095 million for the first quarter, compared with $2,389 million in 2018.
2019, May, 2, 16:00:00SHELL BUYBACK PROGRAMME TRANCHE $6.75 BLN
Royal Dutch Shell plc (the ‘company’) today announces the commencement of trading in the next tranche of its share buyback programme previously announced on July 26, 2018.
2019, May, 2, 15:55:00BAKER HUGHES NET INCOME $32 MLN
Baker Hughes, a GE company Announces First Quarter 2019 Results Orders of $5.7 billion for the quarter, down 17% sequentially and up 9% year-over-year Revenue of $5.6 billion for the quarter, down 10% sequentially and up 4% year-over-year
2019, April, 29, 11:50:00MULTI TRILLION DOLLAR ENERGY MARKET
Most of the systems in the U.S. were constructed in the 50s and 60s and they had a life expectancy of 50 years. Today, almost all operate at maximum capacity and they are all stretched to the limit. With population growth, spiraling demand, changes in power generation and mandates for the use of clean and renewable energy sources, change must come quickly.
2019, April, 29, 11:25:00EUROPE'S NUCLEAR VALUE
The European nuclear industry sustains more than 1.1 million jobs in the EU and generates more than half a trillion euros in GDP, according to a new study by Deloitte released yesterday. The study was commissioned by the European nuclear trade association Foratom to assess the contribution of the nuclear sector to the overall economy of the EU28 both today and in 2050.
2019, April, 29, 11:20:00RENEWABLE FALLING COSTS
Now, rapidly falling costs for these technologies are boosting global renewable energy capacity. Renewable energy sources can help reduce carbon emissions substantially and the effects of global warming.
2019, April, 29, 11:15:00IRAN'S INFLATION 40%
Iran’s economy shrank by 3.9 percent last year, according to IMF estimates, and is expected to shrink by 6 percent in 2019, Jihad Azour, director of the IMF’s Middle East and Central Asia department, told Reuters adding, however, that the projection preceded the latest elimination of waivers.
2019, April, 29, 11:10:00U.S. GDP UP 3.2%
U.S. Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the first quarter of 2019, according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent.