December 2019

2019, December, 25, 13:55:00
RENEWABLE ARTIFICAL INTELLIGENCE
Artificial Intelligence, AI, will be a key enabling technology in achieving renewable energy and sustainability targets, according to a report, "Artificial Intelligence: Transforming the Future of Energy and Sustainability," released today, ahead of January’s 2020 World Future Energy Summit.

2019, December, 25, 13:50:00
INDIA'S GDP GROWTH 6.1%
The macroeconomic outlook is more subdued and uncertain than in recent years. India's economy growth is projected at 6.1 percent in FY2019/20. Investment and private consumption are expected to firm in the second half of the fiscal year.

2019, December, 23, 13:45:00
OIL PRICE: NEAR $66
Brent was down 22 cents, or 0.33%, at $65.92 per barrel, WTI was down 25 cents, or 0.41%, at $60.19 a barrel

2019, December, 23, 13:40:00
GAZPROM THROUGH UKRAINE: 65 BLN M3
"The organizing company [Naftogaz] will reserve transport capacities for five years in the amount of 225 Bcm, including 65 Bcm for 2020, 40 Bcm for 2021 and subsequent years, subject to the establishment of a competitive tariff," Miller told reporters.

2019, December, 23, 13:35:00
GERMANY REJECTS SANCTIONS
“Such sanctions are a serious interference in the internal affairs of Germany and Europe and their sovereignty. We firmly reject this,” Scholz told German broadcaster ARD in comments released on Saturday. But he rejected countermeasures.

2019, December, 23, 13:30:00
RUSSIA SANCTIONS EXTENDED
The EU first imposed energy sanctions in July 2014 when it limited Russia 's access to European technology and services for developing Arctic, deepwater and unconventional oil resources.

2019, December, 23, 13:25:00
NORD STREAM 2 WILL BE COMPLETED: 2020
Switzerland’s AllSeas Group SA removed vessels that were laying the last section of the pipeline connecting Russia with Germany, which was just weeks away from completion, after U.S. President Donald Trump approved sanctions targeting the project.

2019, December, 23, 13:20:00
NORD STREAM 2 SUSPENDED
In anticipation of the enactment of the National Defense Authorization Act (NDAA), Allseas has suspended its Nord Stream 2 pipelay activities. Allseas will proceed, consistent with the legislation’s wind down provision and expect guidance comprising of the necessary regulatory, technical and environmental clarifications from the relevant US authority.

2019, December, 23, 13:15:00
JAPAN, RUSSIA LNG INVESTMENT $9 BLN
The project could cost 1 trillion yen ($9.1 billion). The parties plan to make a final investment decision in 2021 and start production in 2027.

2019, December, 23, 13:10:00
SHELL OIL PRODUCTION 2.7-2.8 MBD
Shell oil production is expected to be between 2,775 and 2,825 thousand barrels of oil equivalent per day