News
2020, September, 2, 12:30:00
EUROPE'S CLIMATE DEPENDENCE
Shortages of elements used to make batteries and renewable energy equipment could also threaten Europes target of becoming climate neutral by 2050
2020, September, 2, 12:25:00
ADNOC INVESTMENT $5.5 BLN
ADNOC maintains full ownership and control over its real estate assets, while further strengthening our balance sheet and allowing for greater capital flexibility.
2020, September, 1, 15:05:00
OIL PRICE: BELOW $46 AGAIN
Brent climbed 61 cents to $45.89 a barrel, WTI rose 53 cents, hitting $43.14 a barrel.
2020, September, 1, 15:00:00
U.S. GAS PRODUCTION DOWN ANEW
The preliminary level for U.S. dry natural gas production in June 2020 was 2,650 billion cubic feet (Bcf), or 88.3 Bcf/d.
2020, September, 1, 14:55:00
JAPAN OIL IMPORTS DOWN
Japan's July crude imports, which were the lowest for the month since 1967, plunged 31.9% year on year to 2.09 million b/d,
2020, September, 1, 14:50:00
ASIA'S SHARES UP
the Shanghai Composite also recovered early losses to stand 0.1% higher
2020, September, 1, 14:45:00
RENEWABLES NEED INVESTMENT $2.55 TLN
A doubling of annual investment in renewables from around USD 300 billion per year to well over USD 700 billion per year will need to take place, with a total of USD 22.5 trillion of energy sector investments made by 2050.
2020, September, 1, 14:40:00
GERMANY'S COAL COMPENSATION €40 BLN
In July 2020, the German coalition government has approved a €40bn compensation package for power utilities, which operate hard coal-fired power plants in the country and should shut them down by 2038 at the latest.
2020, September, 1, 14:35:00
SWEDISH ZERO EMISSIONS STEEL
Three Swedish firms came together to form an innovative partnership around the HYBRIT project,
2020, September, 1, 14:30:00
JAPAN'S HYDROGEN SHIP
the actual introduction of commercial high-speed fuel cell vessels in Japan will only be possible in the 2030s,
2020, September, 1, 14:25:00
SAUDI ELECTRICITY FINANCING $2.4 BLN
The Saud Electricity financing is a 7-year medium-term facility and is unsecured syndicated borrowing.
2020, September, 1, 14:15:00
GAZPROM'S PROFIT RUB33 BLN
Profit attributable to the owners of PJSC Gazprom amounted to RUB 32,919 million for the six months ended June 30, 2020.
2020, August, 31, 12:30:00
OIL PRICE: NOT BELOW $46
Brent advanced to $46.50 a barrel, WTI was at $43.48 a barrel, up 51 cents, or 1.2%.
2020, August, 31, 12:25:00
ADNOC CUTS OIL PRODUCTION
ADNOC informed customers who lift contracted monthly volumes -- known as term lifters -- that it would cut the quantity of volumes available for export over October by 30% for its more popular Murban and Upper Zakum grades and for Umm Lulu and Das Blend,