News
2021, March, 24, 10:15:00
BRITAIN'S FOSSIL HYDROGEN
Now about GBP10 billion of the North Sea Transition Deal's GBP16 billion of joint state/industry funding is to go to hydrogen production, with clear preference for natural gas-based projects.
2021, March, 24, 10:10:00
U.S. NUCLEAR FUEL FACILITY
HALEU fuel is enriched to between 5% and 20% uranium-235 and will be required by many advanced reactor designs that are currently under development, but is not yet commercially available in the USA.
2021, March, 24, 10:05:00
RENEWABLES FOR NORWAY $11.7 BLN
The Norwegian solar company confirmed its previous target of having 4.5 GW of photovoltaic (PV) capacity at end-2021.
2021, March, 23, 15:30:00
OIL PRICE: NEAR $62
Brent dropped by $2.20, or 3.4%, to $62.42 a barrel. WTI fell by $2.10, or %3.4, to $59.46 a barrel.
2021, March, 23, 15:25:00
RUSSIA'S CLEAN NUCLEAR ENERGY
The list of "green" activities includes nuclear power, the production of which does not produce direct CO2 emissions, which puts it on a par with renewable sources of generation.
2021, March, 23, 15:20:00
SPANISH NUCLEAR EXTENSION
The Spanish Ministry for the Ecological Transition and Demographic Challenge has extended the operating licence for the 1,064 MW Cofrentes nuclear power plant in the province of Valencia until 30 November 2030.
2021, March, 23, 15:15:00
QATAR LNG FOR CHINA
Qatar Petroleum has entered into 10-year LNG Sale and Purchase Agreement (SPA) with Sinopec to supply 2 Mt/year of LNG to China.
2021, March, 23, 15:10:00
LNG FOR VIETNAM $3 BLN
GS Energy said it will build a 3 gigawatt LNG-fired power plant in southern Vietnam in a deal estimated at 3.5 trillion won (US$3 billion).
2021, March, 23, 15:05:00
NIGERIA'S OIL INVESTMENT $1.5 BLN
Nigeria has a total refining capacity of about 450 kb/d (22.5 Mt), but most of it is not operational.
2021, March, 23, 15:00:00
RENEWABLES FOR SOUTH AFRICA 2 GW
These parties have made proposals involving solar photovoltaic (PV) and wind power, as well as liquefied natural gas and battery storage.
2021, March, 23, 14:55:00
WIND FOR TAIWAN 900 MW
The wind farm complex will be located some 35km to 60km (21.7 miles to 37.3 miles) off the coast of Changhua County.
2021, March, 22, 09:20:00
OIL PRICE: NEAR $64
Brent was down 60 cents, or 0.9%, at $63.93 a barrel. WTI was off by 68 cents, or 1.1%, at $60.74 a barrel.
2021, March, 22, 09:15:00
SAUDI ARAMCO NET INCOME $49 BLN
Aramco achieved a net income of $49 billion in 2020, one of the highest earnings of any public company globally.
2021, March, 22, 09:10:00
SAUDI ARAMCO INVESTMENT DOWN TO $35 BLN
Aramco lowered its guidance for capital expenditure in 2021 to around $35 billion from a range of $40 billion to $45 billion previously
2021, March, 22, 09:05:00
INDIA'S INDEXES DOWN
The blue-chip NSE Nifty 50 index fell 0.4% to 14,687 and the benchmark S&P BSE Sensex dropped 0.6% to 49,579.75