News
2021, November, 1, 13:20:00
SHELL LOSS $400 MLN
Third quarter 2021 income attributable to Royal Dutch Shell plc shareholders was a loss of $0.4 billion, which included non-cash charges of $5.2 billion due to the fair value accounting of commodity derivatives and post-tax impairment charges of $0.3 billion, partly offset by net gains on sale of assets of $0.3 billion.
2021, November, 1, 13:15:00
U.S. RIGS UP 2 TO 544
U.S. Rig Count is up 2 from last week to 544, Canada Rig Count is up 2 from last week to 166.
2021, October, 29, 14:30:00
OIL PRICE: NOT BELOW $84
Brent rose 21 cents, or 0.3%, to $84.53 a barrel, WTI added 10 cents, or 0.1%, to $82.91.
2021, October, 29, 14:25:00
OPEC+ 400 TBD AGAIN
Ministers from the Organization of the Petroleum Exporting Countries (OPEC), Russia and their allies - colectively known as OPEC+ - meet on Nov. 4 to decide output policy.
2021, October, 29, 14:20:00
GAZPROM GAS PRODUCTION UP 16.6%
Amid strong demand, Gazprom has substantially expanded its gas production: over the past 9.5 months of 2021, it went up by 56.7 billion cubic meters (or 16.6 per cent) against the same period of last year.
2021, October, 29, 14:15:00
NET ZERO NUCLEAR POWER
Nuclear energy provides more than a quarter of the world's clean power. Over the last half century, it has avoided the release of more than 70 gigatonnes of greenhouse gases.
2021, October, 29, 14:10:00
NET ZERO FRENCH NUCLEAR
Nuclear accounts for almost 75% of France's power production, but former French president Francois Hollande said he aimed to limit its share of the national electricity generation mix to 50% by 2025,
2021, October, 29, 14:05:00
BRITAIN'S NUCLEAR FINANCE PLAN
The announcement followed the unveiling of the government’s net zero strategy which set out £120 million towards nuclear projects through the Future Nuclear Enabling Fund.
2021, October, 29, 14:00:00
JAPAN NUCLEAR PLAN
The plan says Japan should set ambitious targets for hydrogen and ammonia energy, carbon recycling and nuclear energy and notes that offshore wind and the use of rechargeable batteries have potential for growth.
2021, October, 29, 13:55:00
BRITAIN'S NUCLEAR INVESTMENT $2.3 BLN
In December 2020, the UK government announced it would begin talks with EDF Energy to enable investment in the planned Sizewell C nuclear power plant project. The latest government statement confirmed these negotiations are ongoing.
2021, October, 29, 13:50:00
CHINA CLIMATE TARGETS
China stated that it aims to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060.
2021, October, 29, 13:45:00
INDIA'S POWER DEMAND GROWTH
As per the recently released, World Energy Outlook 2021, IEA forecasts that’s India's power demand is slated to nearly treble to 5000 TWh by 2050, let primarily by renewable sources of energy.
2021, October, 29, 13:40:00
GAZPROM: MORE LNG
The Company's work in this promising direction will make it possible to strengthen the position of Gazprom in foreign markets and address in a more flexible manner the tasks related to providing reliable gas supplies to domestic consumers.
2021, October, 29, 13:35:00
SAUDI ARABIA'S HYDROGEN PROJECT $7.2 BLN
The Jazan IGCC project will convert vacuum residue to be produced in the adjacent Jazan refinery (400,000 bbl/d) into synthesis gas (syngas).
2021, October, 29, 13:30:00
U.S. OIL INVENTORIES UP BY 4.3 MB TO 430.8 MB
U.S. commercial crude oil inventories increased by 4.3 million barrels from the previous week to 430.8 million barrels.