News
2022, August, 29, 11:50:00
U.S. RIGS UP 3 TO 765
U.S. Rig Count is up 3 from last week to 765 , Canada Rig Count is unchanged from last week at 201
2022, August, 26, 12:15:00
OIL PRICE: BRENT NEAR $100, WTI ABOVE $93 AGAIN
Brent climbed 73 cents, or 0.73%, to $100.07 a barrel, WTI rose 78 cents, or 0.84%, to $92.93.
2022, August, 26, 12:10:00
EUROPE CUT ENERGY
While some countries like Germany, where nearly half the homes rely on gas for heating, are more exposed than others, the European Union is seeking to band together.
2022, August, 26, 12:05:00
BRITISH COLD WINTER
UK households will pay almost triple the price to heat their homes this winter compared with a year ago, a jarring increase for millions of people already struggling to afford everyday essentials.
2022, August, 26, 12:00:00
OPEC EARNINGS $842 BLN
OPEC will earn about $842 billion in oil export revenue in 2022, the most inflation-adjusted net oil export revenue for the group since 2014, when they collectively earned nearly $992 billion.
2022, August, 26, 11:55:00
NUCLEAR SMR FOR NETHERLANDS
In December, the Netherlands' new coalition government placed nuclear power at the heart of its climate and energy policy.
2022, August, 26, 11:50:00
U.S. OIL INVENTORIES DOWN BY 3.3 MB TO 421.7 MB
U.S. commercial crude oil inventories decreased by 3.3 million barrels to 421.7 million barrels.
2022, August, 25, 10:25:00
OIL PRICE: BRENT ABOVE $101, WTI ABOVE $95
Brent rose 45 cents, or 0.4%, to $101.67 a barrel, WTI was up 32 cents, or 0.3%, at $95.21 a barrel.
2022, August, 25, 10:20:00
RUSSIAN OIL DISCOUNTS
The EU’s sixth round of sanctions over the invasion of Ukraine includes a ban on Russian oil, as well as the use by third countries of the bloc’s companies for insurance and financial services.
2022, August, 25, 10:15:00
BRITAIN'S ENERGY PROTECTION £100 BLN
UK was facing a “catastrophic winter”, telling the BBC that half of all households could fall into fuel poverty without intervention.
2022, August, 25, 10:10:00
GERMANY, CANADA HYDROGEN
Canada is already a global leader in blue hydrogen production, or that produced using natural gas feedstocks paired with carbon capture.
2022, August, 25, 10:05:00
IRANIAN OIL WILL UP
Iranian oil production has held at 2.58 million b/d for the four months through July,
2022, August, 25, 10:00:00
FINLAND'S ENERGY CRISIS
Households in the Nordic country have already been told to prepare for rolling power cuts in the winter, as there will be no supplies from Russia to help meet peak demand.
2022, August, 25, 09:55:00
RUSSIAN, FINNISH NUCLEAR COMPENSATION $3 BLN
Fennovoima said its claims currently total almost EUR2 billion (USD2 billion), while Rosatom said it is seeking USD3 billion from Fennovoima.
2022, August, 25, 09:50:00
JAPAN NUCLEAR WILL UP
Since then, the public has been skeptical about nuclear power and Japan has made strict safety updates at plants throughout the country.