2014-07-02 18:55:00
LESS OIL, PRICE ABOVE
The world's unused spare oil production capacity would struggle to cover for another big outage, industry officials and analysts say, increasing the chance governments may tap strategic reserves should Iraq's southern exports be disrupted.
Unrest in Iraq comes as the almost total loss of Libyan supply, Western sanctions on Iran as well as conflict in Syria and northern Iraq are keeping almost 3 million barrels per day (bpd) - more than 3 percent of world demand - off the market.
More Saudi Arabian supply, and the U.S. shale oil boom, have helped plug gaps, but another crisis would deepen dependance on the Saudis,…
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2021, May, 13, 17:34:00
7th INTERNATIONAL LNG CONGRESS REVEALS THE BUSINESS PROGRAM
The 7th International LNG Congress will be held on the 7th-8th of June in Madrid, Spain. LNG supply potential in Europe, usage of alternative fuels, vehicles mobility, marine transportation and storage, politics and financing in the market, and small- and large-scale LNG projects will be the main topics of the Congress.
2021, May, 13, 17:33:00
ELECTRICITY ECONOMICS IN CHANGING ELECTRICITY MARKETS 18 – 21 May 2021
Electricity Economics in Changing Electricity Markets
LIVE ONLINE COURSE OVER 4 SESSIONS
Commences: 18 May 2021 – 21 May 2021 (7am – 10am)
2021, May, 13, 17:30:00
TAIWAN OFFSHORE WIND 15 GW
Taiwan is expected to develop a total of 9 GW of offshore wind between 2026 and 2031 and 6 GW between 2032 and 2035.
2021, May, 13, 17:25:00
PAKISTAN HYDROPOWER 1.5 GW
The civil works contract is worth US$355m and full commissioning is scheduled in mid-2024.
2021, May, 13, 17:20:00
U.S. GDP UP 6.4%
Real gross domestic product (GDP) increased at an annual rate of 6.4 percent in the first quarter of 2021
2021, May, 13, 17:15:00
U.S. INTERNATIONAL TRADE DEFICIT UP TO $74.4 BLN
The U.S. goods and services deficit was $74.4 billion in March, up $3.9 billion from $70.5 billion in February
2021, May, 12, 13:05:00
OIL PRICE: NEAR $69
Brent climbed 18 cents, or 0.3% to $68.73 a barrel. WTI rose 20 cents, or 0.3%, to $65.48.