News
2021, February, 8, 12:45:00
NORD STREAM 2: U.S., GERMANY NEGOTIATION
Reports this week in the German press suggested the administration of new US President Joe Biden would be open to direct negotiations with Germany over the pipeline.
2021, February, 8, 12:40:00
ENERGY STABILITY FOR INDIA
India's petroleum and steel minister Dharmendra Pradhan said stable energy markets will be crucial for both economic and demand recovery, and cooperation among consumers and producers is crucial to make that happen.
2021, February, 8, 12:35:00
CHINA INDEXES UP
The blue-chip CSI300 index rose 1.5% to 5,564.56, while the Shanghai Composite Index added 1% to 3,532.45 points.
2021, February, 8, 12:30:00
U.S. INTERNATIONAL TRADE DEFICIT DOWN TO $66.6 BLN
the U.S. goods and services deficit was $66.6 billion in December, down $2.4 billion from $69.0 billion in November
2021, February, 8, 12:25:00
U.S. RENEWABLE VULNERABILITY
When we shut down the natural gas network and the use of fossil fuels our only source of energy will be electricity, and if 80% or more comes from wind and solar, we are more vulnerable than we were in the 1970s when the oil embargo happened.
2021, February, 8, 12:20:00
CLEAN ENERGY WITHOUT CHINA
China reportedly put 30 GW of new coal capacity online in 2020, with 88 GW of coal power under construction and 247 GW under development.
2021, February, 8, 12:15:00
SMALL NUCLEAR ADVANCES 2021
A new generation of smaller reactors will gain traction in 2021 and demonstrate the big advantages of a smaller approach.
2021, February, 8, 12:10:00
ENERGY INNOVATION 2021
The evolution to a more digital and carbon-free grid and industry will continue.
2021, February, 8, 12:05:00
WORLDWIDE RIG COUNT UP 79 TO 1,183
The Worldwide Rig Count for January was 1,183, up 79 from the 1,104 counted in December 2020, and down 890 from the 2,073 counted in January 2020.
2021, February, 8, 12:00:00
U.S. RIGS UP 8 TO 392
U.S. Rig Count is up 8 from last week to 392, Canada Rig Count is down 3 from last week to 171,
2021, February, 5, 12:45:00
OIL PRICE: NEAR $59 YET
Brent climbed 28 cents, or 0.5%, to $59.12 a barrel. WTI were up 29 cents, or 0.5%, to $56.52 a barrel.
2021, February, 5, 12:40:00
OIL REMAINS THE FUEL
Petroleum remains the most-consumed fuel in the United States, as energy-related carbon dioxide emissions dip through 2035 before climbing in later years.
2021, February, 5, 12:35:00
INDIA OIL DEMAND WILL UP
"India's peak oil demand will be much later than what many analysts predict. So we will be seeing handsome demand numbers going into 2030s and 2040s, if not 2050s,"
2021, February, 5, 12:30:00
CHINA OIL PRODUCTION WILL UP
CNOOC targeted to produce 590 million-600 million boe of oil and gas in 2022 and 640 million-650 million boe in 2023, representing above 8% annual growth,
2021, February, 5, 12:25:00
GLOBAL INDEXES UP ANEW
On Wall Street, each of major indexes rose more than 1% on Thursday, with the Nasdaq Composite Index and S&P 500 setting record highs.
