News
2022, March, 10, 11:05:00
RUSSIAN OIL FOR TURKEY
Turkey relies on Russia for 45% of its natural gas demand, 17% of oil and 40% of its gasoline, Deputy Energy and Natural Resources Minister Alparslan Bayraktar said in remarks on the sidelines of the CERAWeek energy conference.
2022, March, 10, 11:00:00
AUSTRALIA'S COAL PRICES UP
The Newcastle 5,500 kcal/kg NAR coal with 23% ash hit a fresh record high $295/mt FOB March 9, the highest since the grade was first assessed in August 2017,
2022, March, 10, 10:55:00
UKRAINIAN NUCLEAR CONTINUES TO WORK
Regarding the status of Ukraine’s operational nuclear power plants, the regulator said eight of the country’s 15 reactors remained operating, including two at the Zaporizhzhya NPP.
2022, March, 10, 10:50:00
UNIPER, SHELL LEAVE RUSSIA
The German energy group Uniper has decided to sever ties with Russia. Shell will withdraw from Russian hydrocarbons, including crude oil, petroleum products, gas and LNG in a phased manner.
2022, March, 10, 10:45:00
UAE ENERGY INVESTMENT $163 BLN
"With IRENA forecasting that energy transition investments will have to increase by 30% over planned investment to a total of $131 trillion between now and 2050, the UAE is committed to supporting this transition through domestic and foreign investment. To achieve our ambition, we plan to invest $163 billion to diversify our energy mix."
2022, March, 10, 10:40:00
NUCLEAR FOR SWITZERLAND
Switzerland currently has four nuclear reactors generating about 35% of its electricity.
2022, March, 10, 10:35:00
INDIA'S ELECTRICITY STORAGE 2 GW
The state government of Karnataka (India) has proposed the construction of a 2 GW underground electricity storage project in the Sharavathi basin for an investment of INR53.9bn (US$700m).
2022, March, 10, 10:30:00
S.KOREA'S WIND ENERGY 1.3 GW
The company has now obtained all the required EBLs to fully develop its 1.3 GW floating offshore wind project in South Korea.
2022, March, 9, 13:50:00
OIL PRICE: ABOVE $126
Brent was up $1.68, or 1.3%, at $129.66 a barrel, WTI was up $1.60, or 1.3%, to $125.30.
2022, March, 9, 13:45:00
ЦЕНА НЕФТИ БУДЕТ $300
Абсолютно очевидно, что отказ от российской нефти приведёт к катастрофическим последствиям для мирового рынка. Всплеск цен будет непредсказуемым – более 300 долларов за баррель, если не больше.
2022, March, 9, 13:40:00
OIL PRICE WILL UP TO $300
"It is absolutely obvious that refusing Russian oil would lead to catastrophic consequences for the global market. The price surge would be unpredictable – to more than $300 per barrel, if not more," said Russian Deputy Prime Minister Alexander Novak.
2022, March, 9, 13:35:00
RUSSIAN OIL & EARNINGS UP
Despite the high discount on Russia's Ural oil premium and sanctions .It seems that the rise in oil prices will eventually lead to the growth of Russia's foreign exchange earnings in 2022 and the improvement of its foreign exchange reserves, which is contrary to the goals of Western sanctions and USA.
2022, March, 9, 13:30:00
OIL PRICES 2022-23: $117-$89
The Brent price will average $117/b in March, $116/b in 2Q22, and $102/b in the second half of 2022 (2H22). We expect the average price to fall to $89/b in 2023.
2022, March, 9, 13:25:00
GAS IS NEEDED FOR U.S.
But events in Europe may cause a rethink about natural gas, both as a transition fuel in the United States and a foreign policy tool.
2022, March, 9, 13:20:00
THOSE HORRIBLE RUSSIAN HACKERS
Russian hackers, which are often linked to the state, are believed responsible for the Colonial Pipeline hack last spring that sent the eastern U.S. into a fuel frenzy.