2020-04-02 14:50:00
#OilPriceWar: U.S. NEED THE RESCUE
PLATTS - US lawmakers from oil-producing states are trying to increase pressure on the White House to do something to help drillers getting hammered by plummeting prices -- from aggressive diplomacy to banning crude imports.
We spoke with US Senator Lisa Murkowski, chairman of the Senate Energy and Natural Resources Committee. She expects producers in her home state of Alaska to take an immediate hit from current prices. Additionally, she said operations could be scaled back significantly after a case of coronavirus was confirmed this week on the North Slope.
-----
Earlier:
2020, April, 1, 13:05:00
OIL PRICE: NEAR $25
Brent was down $1.45, or 5.5%, at $24.90. WTI was down 27 cents, or 1.3%, at $20.21.
2020, March, 30, 10:25:00
#OilPriceWar AGAINST U.S.
A group of six U.S. senators wrote a letter to Secretary of State Mike Pompeo this week saying Saudi Arabia and Russia “have embarked upon economic warfare against the United States” and were threatening U.S. “energy dominance”.
2020, March, 30, 10:20:00
#OilPriceWar: OPEC+: THE NEW AGREEMENT
Saudi energy minister Prince Abdulaziz bin Salman and Russian counterpart Alexander Novak have not held any discussions about a joint agreement to balance oil markets, indicating no resolution to the price war.
2020, March, 27, 13:55:00
#OilPriceWar: RUSSIA UNCHANGED
Russia ramped up measures to combat the virus on Wednesday, with Russian President Vladimir Putin announcing that next week would be a paid non-working week throughout the country.
2020, March, 26, 11:40:00
#OilPriceWar: U.S. NEED HELP
Some US shale producers have been pressuring the Trump administration to intervene in the price war, which broke out after Russia earlier this month declined to go along with an OPEC proposal for production cuts to prop up prices.
2020, March, 26, 11:35:00
#OilPriceWar: CHINA WINS
China is saving about $250mn a day after crude prices crashed this year amid dual demand and supply shocks.
2020, March, 23, 13:45:00
#OilPriceWar VICTIM
US oil producers are likely to be a victim of the oil-price war,
Chronicle:
2021, July, 9, 12:04:00
HYDROGEN RUSSIA AND CIS, Moscow, 20-21 October 2021
International Conference and Exhibition ‘Hydrogen Russia and CIS’ brings together more than 200 senior executives of hydrogen production plants from Russia and the CIS
2021, July, 9, 12:00:00
ARGENTINA'S NUCLEAR SMR
Before work was suspended, it was in line to be the world’s first operating SMR. The government licensed it as a prototype in 2009.
2021, July, 9, 11:55:00
CHILE'S COAL GENERATION DOWN
In June 2021, the Chamber of Deputies of Chile has approved a bill that prohibits the installation and operation of coal-fired power plants.
2021, July, 8, 12:50:00
OIL PRICE: NEAR $73
Brent slipped by 23 cents, or 0.3%, to $73.20 a barrel, WTI were down 33 cents, or 0.5%, at $71.87 a barrel.
2021, July, 8, 12:45:00
OIL PRICES 2021-22: $72-$67
We expect rising production will reduce the persistent global oil inventory draws that have occurred for much of the past year and keep prices similar to current levels, averaging $72/b during the second half of 2021 (2H21).
2021, July, 8, 12:40:00
EUROPE CLIMATE RULES
According to draft proposals seen by market sources, the CBAM will replace the current system of free carbon allowances for metals sectors, and tighten allowances in the European Emissions Trading System generally, a bone of contention for some.
2021, July, 8, 12:35:00
ASIA INDEXES DOWN ANEW
The Hang Seng index (.HSI) led losses with a 1.9% drop, its eighth consecutive session in the red, with more falls in internet giants Tencent (0700.HK), Meituan (3690.HK) and Alibaba (9988.HK) as the sector reels from sweeping Chinese regulatory scrutinty.