News
2020, May, 13, 12:20:00
RUSSIA'S GDP WILL DOWN BY 4.5%
Russia is set to record negative GDP growth of 4.5 per cent in 2020 following the shocks caused by the coronavirus pandemic and the collapse of the OPEC+ agreement to limit oil production.
2020, May, 13, 12:15:00
THE NEW NUCLEAR ALLOY 617
A combination of nickel, chromium, cobalt and molybdenum, Alloy 617 can be used in tomorrow’s advanced nuclear plants because it allows higher temperature operation.
2020, May, 13, 12:10:00
3D-PRINTED MICRO NUCLEAR
Researchers at the US Department of Energy's Oak Ridge National Laboratory (ORNL) are refining their design of a 3D-printed nuclear reactor core, scaling up the additive manufacturing process necessary to build it, and developing methods to confirm the consistency and reliability of its printed components.
2020, May, 12, 14:50:00
OIL PRICE: ABOVE $30
Brent advanced 85 cents, or 2.9%, to $30.48, WTI were up $1.29, or 5.3%, at $25.43.
2020, May, 12, 14:45:00
SAUDI ARABIA, KUWAIT OIL PRODUCTION DOWN
OPEC+ producers agreed to cut their overall crude oil production by 9.7 mb/d over the 1 May 2020 - 30 June 2020 period,
2020, May, 12, 14:40:00
U.S. TIGHT OIL PRODUCTION WILL DOWN TO 6 MBD
If nothing else changes (unlikely), tight oil production will decline to a level of about 6 million bo/d
2020, May, 12, 14:35:00
INDIA NEED GAS PIPELINES
India has been the world’s fourth-largest importer of liquefied natural gas (LNG) since 2011
2020, May, 12, 14:30:00
ASIA'S COAL DEMAND UP
Southeast Asia today is viewed as the last likely bastion of strong growth in coal demand globally. But just as Indian coal-fired power generation fell an entirely unprecedented 26TWh or -3% during 2019, we note expectations for sustained decades-long growth in Southeast Asian coal-fired power generation is far from a locked-in certainty.
2020, May, 12, 14:25:00
U.S. EMPLOYMENT DOWN BY 20.5 MLN
Total U.S. nonfarm payroll employment fell by 20.5 million in April,
2020, May, 12, 14:15:00
U.S. COAL ELECTRICITY DOWN
U.S. output from the U.S. coal-fired generating fleet dropped to 966,000 gigawatthours (GWh) in 2019
2020, May, 12, 14:10:00
EXCEEDING U.S. RENEWABLES
renewable energy in the United States could exceed coal on an annual basis for the first time this year,
2020, May, 12, 14:05:00
CANADA'S OIL INDUSRTY DOWN
The high-cost Canadian oil industry is being hammered by the dual effects of Covid-19 and the fallout from unconstrained supply.
2020, May, 12, 14:00:00
SAUDI ARAMCO NET INCOME $16.7 BLN
In 2019, Saudi Aramco produced 13.2 mmboed, including 9.9 mmbpd of crude oil (including blended condensate and excluding the Kingdom of Bahrain’s share of volumes produced from Abu Sa’fah field).
2020, May, 12, 13:55:00
U.S. RIGS DOWN 34 TO 374
U.S. Rig Count is down 34 rigs from last week to 374, Canada Rig Count is down 1 rig from last week to 26
2020, May, 8, 12:00:00
OIL PRICE: NEAR $30
Brent was up by 87 cents, or 3%, at $30.33 a barrel, WTI gained $1.12, or 4.8%, to $24.67 a barrel