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May 2019

May 2019
2019, May, 30, 17:20:00
TOTAL, ALGERIA PARTNERSHIP
Algeria’s energy minister said on Monday he would seek a “good compromise” when asked about his earlier comments that Algiers would block Total’s plan.
May 2019
2019, May, 29, 11:20:00
OIL PRICE: ABOVE $69 YET
Front-month Brent crude futures were at $69.53 a barrel at 0641 GMT, down 58 cents, or 0.8%, from last session’s close. U.S. West Texas Intermediate (WTI) crude futures were at $58.46 per barrel, down 70 cents, or 1.2%, from their last settlement.
May 2019
2019, May, 29, 11:15:00
NUCLEAR POWER IS IMPORTANT
“Without an important contribution from nuclear power, the global energy transition will be that much harder,” said Dr Fatih Birol, the IEA’s Executive Director. “Alongside renewables, energy efficiency and other innovative technologies, nuclear can make a significant contribution to achieving sustainable energy goals and enhancing energy security.
May 2019
2019, May, 29, 11:10:00
U.S. SHALE PROBLEM
Despite the classic “wildcatting” image of plucky entrepreneurs trying their luck, smaller, independent drillers are losing access to capital
May 2019
2019, May, 29, 11:05:00
RUSSIA'S NUCLEAR ICE BREAKER
With the ceremonial launch of the nuclear-powered arctic ice breaker ‘Ural’ today, Russia’s nuclear energy giant, ROSATOM, has completed another step towards ensuring all-year round navigability of the Northern Sea Route (NSR).
May 2019
2019, May, 29, 11:00:00
NORWAY'S OIL INVESTMENT UP
Investments are now seen at a four-year high of 183.7 billion Norwegian crowns ($21.11 billion) in 2019, up from the 172.7 billion crowns seen in February, according to SSB, which collects the data from oil firms.
May 2019
2019, May, 29, 10:55:00
AUSTRALIA'S LNG FOR CHINA UP
Over January-April, China imported 8.93 million mt of LNG from Australia, up 40.2% year on year, the customs data showed.
May 2019
2019, May, 29, 10:50:00
CANADA'S ENERGY FOR U.S.: $84 BLN
Canada is the second-largest importer of energy from the United States, in terms of trade value, behind only Mexico. Energy accounted for $84 billion, or 26%, of the value of all U.S. imports from Canada in 2018.
May 2019
2019, May, 29, 10:45:00
INDONESIA'S COAL FOR CHINA
China is the world’s largest coal consumer and the largest buyer of Indonesia’s coal. In 2018, it imported 125 million metric tons of mostly low-calorie coal from Indonesia, absorbing 25 percent of Indonesia’s coal exports.
May 2019
2019, May, 29, 10:40:00
UKRAINE'S GAS PRICES UP
"They still do not have permission from Russia to cross the border [after June 1] so the Kazakh company has decided to wait," a source at a major Ukrainian trading company said Tuesday. "No one knows exactly what's going to happen in June."