News
2022, July, 4, 13:05:00
OPEC OIL PRICE: $113.20
The price of OPEC basket of thirteen crudes stood at $113.20 a barrel
2022, July, 4, 13:00:00
RUSSIA, INDONESIA COOPERATION
Many of our companies, including energy companies, are operating in Indonesia. There is interest in developing the national nuclear power industry.
2022, July, 4, 12:55:00
OPEC + RUSSIA + 648 TBD
Reconfirm the production adjustment plan and the monthly production adjustment mechanism approved at the 19th and 29th OPEC and non-OPEC Ministerial Meetings and the decision to adjust upward the monthly overall production for the month of August 2022 by 0.648 mb/d.
2022, July, 4, 12:50:00
EUROPEAN GAS PRICES UP ANEW
Russia has reduced shipments through its biggest Nord Stream pipeline by 60% and the link is scheduled for a full shutdown next week for maintenance.
2022, July, 4, 12:45:00
GERMAN INDUSTRY'S COLLAPSE
“Such a collapse would have massive consequences for the entire economy and jobs in Germany.”
2022, July, 4, 12:40:00
GERMAN UTILITIES COLLAPSE
German leaders are stepping up warnings of impending turmoil and natural-gas shortages in Europe’s biggest economy, which relies on Russia for about one-third of its energy.
2022, July, 4, 12:35:00
IRANIAN OIL RISES
Iran could increase production to levels before the sanctions, he said, without giving an estimate of current output.
2022, July, 4, 12:30:00
S.KOREAN NUCLEAR FOR CZECH
"A nuclear power generation project requires more than a decade for construction and involves operations for more than 60 years. South Korea is a reliable partner in terms of economic feasibility, safety, and ensuring the construction period," Lee said.
2022, June, 28, 12:10:00
OIL PRICE: BRENT NEAR $117, WTI ABOVE $111
Brent climbed $1.9, or 1.7%, to $116.99, WTI rose $1.8, or 1.6%, to $111.36 a barrel.
2022, June, 28, 12:05:00
OPEC OIL PRICE: $112.35
The price of OPEC basket of thirteen crudes stood at $112.35 a barrel
2022, June, 28, 12:00:00
RUSSIA, EUROPE GAS REDUCTION
The European Commission will next month present a plan for EU countries to coordinate their preparations for further gas shocks, as Russia has already cut or reduced supplies to 12 of the bloc's 27 member states.
2022, June, 28, 11:55:00
EUROPEAN GAS PRICES UPDOWN
The EU’s gas supply situation could worsen if Russia halts gas flows to the region in the coming weeks, Energy Commissioner Kadri Simson said Monday.
2022, June, 28, 11:50:00
NORWEGIAN GAS SUPPLY WILL UP
In 2020, the EU sourced 19% of its gas imports from Norway, compared to 39% from Russia.
2022, June, 28, 11:45:00
IRANIAN NUCLEAR RENEWAL
Under the JCPOA between Iran the P5+1 group of countries (the USA, UK, France, Russia, and China plus Germany) Iran agreed to limit its nuclear development in return for the lifting of sanctions.
2022, June, 28, 11:40:00
S.KOREAN NUCLEAR SUPPORT
South Korea’s new president, Yoon Suk-yeol, said on 22 June that in order to rebuild the nuclear industry that was “devastated by the previous administration”, the government will allocate KRW92.5 billion ($70 million) from the energy budget for the restoration of nuclear power generation capacity.