News
2020, October, 21, 17:05:00
RUSSIA'S NUCLEAR EXPANSION
Russia's Rosatom has entered a competition to establish a nuclear power plant in Saudi Arabia, as part of Rosatom’s global expansion.
2020, October, 21, 17:00:00
NORD STREAM 2 UNSCHEDULED
A little over 150 km of Nord Stream 2 remains to be laid in Danish and German waters after an initial threat of US sanctions last December forced principal pipe-layer Allseas to halt work.
2020, October, 21, 16:55:00
GREEN HYDROGEN FOR EUROPE
In May 2020, as Europe was waking up from the first lockdown in response to COVID-19, the European Union (EU) announced earmarking funding up to €30 billion to produce 1 million metric tons (t) of green hydrogen per year,
2020, October, 21, 16:50:00
U.S. NUCLEAR FOR POLAND: $18 BLN
The United States has been competing with China and Russia and other countries to supply nuclear power technology to countries hoping to build their first reactors, or boost their programs.
2020, October, 21, 16:45:00
CHINA'S GAS DEMAND WILL TWICE
The goal of carbon-neutrality by 2060 will require China to kick its longstanding addiction to coal while building unprecedented amounts of intermittent wind and solar capacity.
2020, October, 21, 16:40:00
EUROPEAN ECONOMY WILL DOWN BY 7%
The European economy is projected to contract by 7 percent in 2020 and rebound by 4.7 percent in 2021.
2020, October, 21, 16:35:00
BAKER HUGHES NET LOSS $170 MLN
Baker Hughes Company (NYSE: BKR) ("Baker Hughes" or the "Company") announced results today for the third quarter of 2020.
2020, October, 20, 15:45:00
OIL PRICE: NOT ABOVE $43 AGAIN
Brent were trading flat at $42.62 a barrel, WTI rose 5 cents, or 0.1%, to $40.88.
2020, October, 20, 15:40:00
OPEC+ AGREEMENT 102%
The Committee reviewed the crude oil production data for the month of September 2020 and welcomed the positive performance in the overall conformity level for participating OPEC and non-OPEC Countries, at 102 per cent,
2020, October, 20, 15:35:00
OPEC+ STABILIZE OIL MARKET
OPEC and 10 partners are set to ease their 7.7 million b/d collective production cuts by about a quarter to 5.8 million b/d at the start of 2021,
2020, October, 20, 15:30:00
MIDDLE EAST: DOUBLE IMPACT
Real GDP for oil exporters including Saudi Arabia and Iran will shrink 6.6% this year,
2020, October, 20, 15:25:00
THE NEW NUCLEAR POWER
Bangladesh, Belarus, Egypt, Turkey and the UAE are among the nuclear newcomers, while Kenya, Ghana, the Philippines and Uzbekistan are "seriously considering" joining their ranks, Grossi said.
2020, October, 20, 15:20:00
U.S. NUCLEAR INVESTMENT $1.35 BLN
The plant’s projected cost of $6.1 billion has risen from $3.6 billion in 2017
2020, October, 20, 15:15:00
CONOCOPHILLIPS, CONCHO RESOURCES ACQUISITION $9.7 BLN
ConocoPhillips (NYSE: COP) and Concho Resources (NYSE: CXO) announced that they have entered into a definitive agreement to combine companies in an all-stock transaction.
2020, October, 19, 14:50:00
OIL PRICE: NOT ABOVE $43 ANEW
Brent was down 30 cents, or 0.7%, to $42.63 a barrel, WTI was down 28 cents, or 0.7%, at $40.60.
