October 2024

The Worldwide Rig Count for September was 1,751, up 15 from the 1,735 counted in September 2024, and down 8, from the 1,759 counted in September 2023.

Brent fell 31 cents, or 0.4%, to $77.74 per barrel, WTI slipped 20 cents, or 0.27%, to $74.18 per barrel.

The Russian budget received a total of 597.2 billion rubles ($6.28 billion) from its oil industry last month, up nearly 4% from a year earlier, the Finance Ministry said on Thursday.

Russia ranks third globally in coal reserves (182 billion tons) and is the sixth-largest coal producer in the world (accounting for 4.5% of global coal production). Russia’s coking coal is typically used in metallurgy production such as steel manufacturing.

По словам Главы Минэнерго России, сейчас весь мир находится в условиях энергоперехода. Для эффективной работы ТЭК дружественным странам следует консолидировать усилия.

Ожидаемый объем дополнительных нефтегазовых доходов федерального бюджета прогнозируется в октябре 2024 года в размере 110,4 млрд руб.

Since the beginning of 2024, uranium prices have seen a decrease in price of about $9.10 per pound, or about 10 percent. Those statistics are based on trading on a contract for difference (CFD) that tracks the benchmark market.

"We can use renewable power to the maximum, and we will restart nuclear power, the safe one, as much as possible," Muto told reporters at his first media event as the minister for economy, trade and industry (METI).

DOE announced an investment of $1.5 billion in four transmission projects that will improve grid reliability and resilience, relieve costly transmission congestion, and open access to affordable energy to millions of Americans across the country.

Nuclear propulsion offers the lowest operational cost per ton shipped, significantly lower than alternatives such as ammonia or VLSFO.