News
2021, November, 22, 12:00:00
THE TEXAS ENERGY FREEZE
This week, FERC and NERC published their Final Report on the the February 2021 cold weather event in Texas and the South Central United States.
2021, November, 22, 11:55:00
THE TEXAS CLIMATE READINESS
Texas’s freewheeling electricity sector has flaws that were exposed during the deep freeze.
2021, November, 22, 11:50:00
ARAMCO, RELIANCE COOPERATION
Due to evolving nature of Reliance's business portfolio, Reliance and Saudi Aramco have mutually determined that it would be beneficial for both parties to re-evaluate the proposed investment in O2C business in light of the changed context.
2021, November, 22, 11:45:00
U.S. RIGS UP 7 TO 563
U.S. Rig Count is up 7 from last week to 563, Canada Rig Count is down 1 from last week to 167.
2021, November, 19, 11:50:00
OIL PRICE: NEAR $82 AGAIN
Brent was up 77 cents, or 0.9%, at $82.01 a barrel, WTI was up 79 cents, or 1%, at $79.80 a barrel.
2021, November, 19, 11:45:00
CHINA CLEAN COAL SUPPORT $31 BLN
Coal, a major contributor to carbon emissions, accounted for 56.8% of China's primary energy consumption in 2020, down from around 68% a decade earlier.
2021, November, 19, 11:40:00
INDIA'S COAL DEMAND UP
India has pledged to increase the share of renewables in its energy mix from about 38% last year to 50% by 2030.
2021, November, 19, 11:35:00
RUSSIA'S NUCLEAR LOANS FOR TURKEY $0.8 BLN
The bank opened two credit lines (in the amount of $500 million and $300 million) for a period of seven years, Sberbank said on 17 November. The funds will be used for the construction of the plant’s four VVER-1200 reactors.
2021, November, 19, 11:30:00
RENEWABLES FOR INDIA 5.5 GW
The renewable capacity additions planned by India's largest coal miner Coal India Ltd. and its subsidiaries, along with other state-run coal miners Singareni Coal Company Ltd. and NLC India Ltd., will see an investment of over Indian Rupees 150 billion ($2.02 billion) by 2030
2021, November, 19, 11:25:00
RUSSIAN DIESEL FOR U.S. UP
Four tankers with 2 million barrels of Russian diesel aboard, the most in data going back to 2018, are set to arrive next week, as natural gas-rich Russia cranks up diesel-producing units that are dependent on a feedstock extracted from costly natural gas,
2021, November, 19, 11:20:00
U.S. OIL INVENTORIES DOWN BY 2.1 MB TO 433.0 MB
U.S. commercial crude oil inventories decreased by 2.1 million barrels from the previous week to 433.0 million barrels.
2021, November, 18, 13:35:00
OIL PRICE: NEAR $80
Brent was down 83 cents, or 1%, to $79.87 a barrel, WTI were down $1.13, or 1.4%, at $77.23 a barrel.
2021, November, 18, 13:30:00
ЭНЕРГЕТИЧЕСКОЕ СОТРУДНИЧЕСТВО РОССИИ, КИТАЯ
«Благодаря совместным усилиям сотрудничество в энергетике поступательно развивается и вышло на беспрецедентно высокий уровень.», – сообщил вице-премьер.
2021, November, 18, 13:25:00
UAE, RUSSIA HYDROGEN COOPERATION
The UAE's Ministry of Industry and Advanced Technology signed a memorandum of understanding with Russia's Ministry of Industry and Trade on the sidelines of ADIPEC conference in Abu Dhabi,
2021, November, 18, 13:20:00
U.S. LNG FOR JAPAN $2.5 BLN
The Freeport LNG liquefaction terminal comprises three trains with an annual production capacity of approximately 15.45 Mt/year, built by McDermott, Zachry and Chiyoda on the site of an existing LNG import terminal.