2023, February, 27, 10:10:00OIL PRICE: BRENT BELOW $83, WTI NEAR $76
Brent were down 30 cents, or 0.36%, at $82.86 a barrel, WTI traded at $76.09 a barrel.
2023, February, 27, 10:05:00EUROPE WITHOUT RUSSIAN GAS
At the same time, Russian LNG imports into the EU rose by around a third to 14.1 million mt (19 Bcm), but it was LNG from other sources -- the US in particular -- that helped fill some of the gap left by lost Russian gas.
2023, February, 27, 10:00:00EUROPEAN ENERGY CRACK
Even though Europe has significantly cut its reliance on Russian gas, a lot of the storage that they used to cut the reliance was actually Russian gas from the past.
2023, February, 27, 09:55:00U.S. CARBON MANAGEMENT INVESTMENT $2.52 BLN
The Biden-Harris Administration, through the U.S. Department of Energy (DOE), announced $2.52 billion in funding for two carbon management programs to catalyze investments in transformative carbon capture systems and carbon transport and storage technologies.
2023, February, 27, 09:50:00U.S. ELECTRICITY CRISIS
The electricity industry won’t be able to deal with future demands if it remains on its present modest growth trajectory.
2023, February, 27, 09:45:00U.S. COAL GENERATION PROBLEM
The early retirement of approximately 150GW of coal generating facilities creates another issue for the plant owners, most of which are electric utilities.
2023, February, 27, 09:40:00GREEN ENERGY FOR THE RICH
Since 2000, the world has spent more than $5 trillion on green energy.
2023, February, 27, 09:35:00CANADA'S NUCLEAR SMR INVESTMENT
The programme aims to support projects that will help to develop supply chains for SMR manufacturing and fuel supply and security to support Canada’s SMR industry, and to fund research on waste management solutions to ensure that SMRs, and the waste they generate, will be safe now and into the future.
2023, February, 27, 09:30:00AUSTRALIA'S COAL BAN
Australia’s energy minister has ruled out a ban on new coal mines as part of the country’s overhaul of climate policy.
2023, February, 27, 09:25:00U.S. GDP UP BY 2.7%
Real gross domestic product (GDP) increased at an annual rate of 2.7 percent in the fourth quarter of 2022, according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent.