News
2021, October, 22, 11:10:00
U.S. LNG GROWTH
Tepid production and strong global LNG export demand have helped to push NYMEX gas futures prices for the coming months beyond $5/MMBtu.
2021, October, 22, 11:05:00
NUCLEAR FOR FRANCE
Among the reasons given by respondents in favour of nuclear energy were the energy independence of France (53%, up from 46% in 2019) and the low cost of electricity (30%).
2021, October, 22, 11:00:00
U.S. OIL INVENTORIES DOWN BY 0.4 MB TO 426.5 MB
U.S. commercial crude oil inventories decreased by 0.4 million barrels from the previous week to 426.5 million barrels.
2021, October, 21, 15:35:00
OIL PRICE: NEAR $85 ANEW
Brent rose as high as $86.10 and was down 92 cents, or 1.1%, to $84.90. WTI fell 74 cents, or 0.9%, to $82.68.
2021, October, 21, 15:30:00
INDIA, OPEC OIL DEAL
India, the world's third-biggest importer and consumer of crude, meets around 85% of its demand via overseas purchases with Iraq, Saudi Arabia and the United States being the top three suppliers. India also imports 55% of its gas demand via imports.
2021, October, 21, 15:25:00
ASIA'S GAS DEMAND WILL UP
Non-OECD countries in Asia will collectively become the largest importers of natural gas by 2050.
2021, October, 21, 15:20:00
CHINA PIPELINE GAS IMPORTS UP
China's pipeline gas imports have been setting new records in the past three months, and September was the fourth consecutive month-on-month increase since June, the customs data showed.
2021, October, 21, 15:15:00
U.S. LNG FOR CHINA
In 2018, China became the world's 2nd largest LNG importer in the world behind Japan. LNG imports amounted to 90.5 bcm in 2020 (+12%). Australia is the largest LNG supplier (44%), followed by Qatar (12%) and Malaysia (9%).
2021, October, 21, 15:10:00
AUSTRALIA'S RENEWABLE INVESTMENT $7.5 BLN
The projects were unveiled as part of Rio Tinto’s newly announced plans to spend $US7.5 billion ($A10 billion) slashing its scope 1 and scope 2 emissions by half by 2030.
2021, October, 21, 15:05:00
SPAIN RENEWABLE 3 GW
In November 2020, the Spanish Council of Ministers approved a decree establishing a new regulatory framework for renewable energy auctions, the Economic Renewable Energy Regime (Régimen Económico de Energías Renovables, REER).
2021, October, 21, 15:00:00
NORWAY OIL, GAS PRODUCTION 2.022 MBD
Preliminary production figures for September 2021 show an average daily production of 2 022 000 barrels of oil, NGL and condensate.
2021, October, 20, 11:50:00
OIL PRICE: BELOW $85
Brent dropped 64 cents, or 0.8%, to $84.44 a barrel. WTI fell 56 cents to $82.40 a barrel.
2021, October, 20, 11:45:00
RUSSIAN ZERO EMISSIONS 2060
Speaking to the conference on 13 October, Putin said, "Russia will take practical action to ensure the carbon neutrality of its economy, and we have set a specific benchmark: no later than 2060."
2021, October, 20, 11:40:00
BRITAIN ZERO EMISSIONS 2035
The United Kingdom pledged to reach net-zero emissions by 2050 in 2019.
2021, October, 20, 11:35:00
RUSSIAN GAS FOR TURKEY +125%
Gazprom’s gas supplies to Turkey soared by 125.3% year-on-year between Jan. 1-Oct. 15, the data showed, while exports to Germany and Italy were up 28.2% and 16.3.% from a year ago, respectively.