News
2021, October, 11, 11:40:00
U.S. NUCLEAR HYDROGEN
The Arizona project, which is led by PNW Hydrogen LLC, will progress DOE's H2@Scale multi-sector clean hydrogen initiative and help it to reach its Hydrogen Shot goal to reduce the cost of clean hydrogen by 80% to USD1 per kilogram within a decade,
2021, October, 11, 11:35:00
U.S. RIGS UP 5 TO 533
U.S. Rig Count is up 5 from last week to 533 , Canada Rig Count is up 2 from last week to 167.
2021, October, 8, 10:35:00
OIL PRICE: NEAR $83
Brent jumped 93 cents, or 1.1%, to $82.88 a barrel. WTI jumped 93 cents, or 1.1%, to $82.88 a barrel.
2021, October, 8, 10:30:00
OPEC+ 400 TBD ANEW
Reconfirmed the production adjustment plan and the monthly production adjustment mechanism approved at the 19th OPEC and non-OPEC Ministerial Meeting and the decision to adjust upward the monthly overall production by 0.4 mb/d for the month of November 2021, as per the attached schedule.
2021, October, 8, 10:25:00
MORE RUSSIAN GAS
Gazprom increased gas supplies to Turkey (+138.3 per cent), Germany (+33.2 per cent), Italy (+14.2 per cent), Romania (+305.6 per cent), Serbia (+125.2 per cent), Poland (+11.2 per cent), Bulgaria (+52.5 per cent), Greece (+10.8 per cent), and Finland (+17.5 per cent).
2021, October, 8, 10:20:00
RUSSIAN GAS FOR HUNGARY, CROATIA
Hungary and Croatia started receiving Russian natural gas via a new route: the gas is supplied by the TurkStream gas pipeline and further across the national gas transmission systems of Bulgaria, Serbia, and Hungary.
2021, October, 8, 10:15:00
NUCLEAR POWER: TO INCREASE THREEFOLD
Global reactor capacity would need to increase threefold by 2050 to meet global net-zero emission targets.
2021, October, 8, 10:10:00
MORE FUSION FOR BRITAIN
This paper sets out the UK Government’s strategy to move from a fusion science superpower to a fusion industry superpower.
2021, October, 8, 10:00:00
TEXAS WINTER STORMS: 200 DEATHS
Estimates on the number of people who died due to the Texas winter storms and prolonged blackouts stand around 200.
2021, October, 8, 09:55:00
U.S. RENEWABLES RECORD 13%
The latest issue of EIA's "Monthly Energy Review" report (with data through June 30, 2021) reveals that renewable sources accounted for 12.91% of the U.S. energy produced (and 12.71% of the energy consumed) for electricity, transportation, heating, and other uses.
2021, October, 8, 09:50:00
U.S. OIL INVENTORIES UP BY 2.3 MB TO 420.9 MB
U.S. commercial crude oil inventories increased by 2.3 million barrels from the previous week to 420.9 million barrels.
2021, October, 6, 13:30:00
OIL PRICE: ABOVE $82
Brent rose as high as $83.47, the highest since October 2018, and was down 4 cents at $82.52. WTI rose as high as $83.47, the highest since October 2018, and was down 4 cents at $82.52.
2021, October, 6, 13:25:00
GLOBAL OIL DEMAND WILL UP
"Global oil demand is expected to return to pre-COVID levels towards the tail end of 2022, but the recovery will be uneven. Asia is clearly the driver of growth," IEA Executive Director Fatih Birol said
2021, October, 6, 13:20:00
OIL PRICES: $75 - $90
Commodity markets have seen turbulent times in recent months and years. Dated Brent has swung from $85.51/b in October 2018 to $13.24/b on April 2021; its lowest since March 18, 1999.
2021, October, 6, 13:15:00
NUCLEAR CAN REPLACE COAL
While coal played a major role in the development of the modern world, it is also the primary reason behind climate change: according to 2019 data from the International Energy Agency (IEA), coal burning is responsible for more than 40 per cent of global carbon emissions and more than 75 per cent of emissions from electricity generation.