January 2020
![January 2020](/cache/01-20/RENEWABLE-76.c40f71b1.jpg)
2020, January, 27, 14:45:00
U.S. RENEWABLES: 18%
Renewables only accounted for 18.2% of total energy generated by November 2019, while coal alone produced 23.4% of the country’s electricity.
![January 2020](/cache/01-20/nuclear-257.494b7a07.jpg)
2020, January, 27, 14:40:00
SMALL NUCLEAR MARKET $328 BLN
In fact the current estimate for the export market for SMRs is GBP250 billion [USD328 billion], so this could be a huge industry.
![January 2020](/cache/01-20/nuclear-258.584a2c08.jpg)
2020, January, 27, 14:35:00
S.KOREA'S NUCLEAR PROBLEMS
However, the companies are giving up on their component supply business in order to survive and South Korea’s nuclear power industry is now on the verge of collapse.
![January 2020](/cache/01-20/nigeria-46.bbf47973.jpg)
2020, January, 27, 14:30:00
NIGERIA'S GAS PIPELINE INVESTMENT $2.5 BLN
Nigeria has 202tn ft³ of proven gas reserves and an additional 600tn ft³ of unproven potential resources. Despite having the largest gas reserves in Africa, only c.25pc of these reserves are currently productive.
![January 2020](/cache/01-20/novatek-1.5e1e97da.jpg)
2020, January, 27, 14:25:00
NOVATEK RESERVES 252%
The organic reserve replacement rate, excluding the effect from acquisitions and disposals, which mainly related to the disposal of 40% participation interest in Arctic LNG 2 project, amounted to 252%, with the addition of 1,487 million boe, inclusive of 2019 production.
![January 2020](/cache/01-20/HYDROGEN-2.08c2f2ef.jpg)
2020, January, 27, 14:20:00
DUTCH HYDROGEN PROJECT 20 MW
"We are ready to move to the next phase of implementing Europe's first large-scale hydrogen plant," Nouryon's head of industrial chemicals, Knut Schwalenberg, said.
![January 2020](/cache/01-20/KUWAIT-19.8b006777.jpg)
2020, January, 27, 14:15:00
KUWAIT GDP GROWTH 1.5%
Kuwait GDP growth to about 0.7 percent in 2019 from 1.2 percent in 2018.
![January 2020](/cache/01-20/RIG-152.828aa494.jpg)
2020, January, 27, 14:10:00
U.S. RIGS DOWN 2 TO 794
U.S. Rig Count is down 2 rigs from last week to 794, Canada Rig Count is unchanged from last week at 244
![January 2020](/cache/01-20/PRICE-104.72628a9b.jpg)
2020, January, 24, 13:45:00
OIL PRICE:NEAR $62
Brent were up 31 cents, or 0.5%, at $62.35 a barrel, WTI were up 27 cents, or 0.5% higher at $55.86 a barrel.
![January 2020](/cache/01-20/OIL-5.6ac8e024.jpg)
2020, January, 24, 13:40:00
GLOBAL OIL DEMAND 2020: 100.98 MBD
For 2020, oil demand growth is revised up by 0.14 mb/d from the previous month’s assessment and is forecast at 1.22 mb/d, mainly reflecting an improved economic outlook for 2020. As a result, total world oil demand is projected to rise from 99.77 mb/d in 2019 to 100.98 mb/d in 2020.