News
2021, June, 10, 13:05:00
OIL PRICE: ABOVE $72 ANEW
Brent remained unchanged to settle at $72.22 a barrel, WTI closed 9 cents, or 0.1%, lower at $69.96 a barrel,
2021, June, 10, 13:00:00
GLOBAL LNG MARKET CHANGES
In Asia, net-zero carbon ambitions will likely require US LNG to arrive in the form of certified low- or carbon-neutral cargoes,
2021, June, 10, 12:55:00
GLOBAL CLEAN ENERGY TRANSITION
"There is public demand across the planet to take better care of the climate situation and have fewer emissions and more environmental responsibility in the energy sector. This process is inevitable but a lot depends on the pace at which it is to be implemented," he said.
2021, June, 10, 12:50:00
CHINA, IRENA CARBON COOPERATION
China, currently the world's biggest emitter of greenhouse gases, plans make sure its carbon dioxide emissions peak by 2030 and has vowed to become carbon-neutral before 2060
2021, June, 10, 12:45:00
RUSSIA, COSTA RICA NUCLEAR COOPERATION
Rosatom and the Atomic Energy Commission of Costa Rica (CAEC) on 3 June signed a memorandum of understanding (MOU) on cooperation in the field of peaceful uses of atomic energy.
2021, June, 10, 12:40:00
U.S. NUCLEAR POWER NEEDS SUPPORT
U.S. nuclear plants produce 20% of the nation's total electricity and more than 50% of its carbon-free electricity,
2021, June, 10, 12:35:00
U.S. OIL INVENTORIES DOWN 5.2 MB TO 474.0 MB
U.S. commercial crude oil inventories decreased by 5.2 million barrels from the previous week to 474.0 million barrels.
2021, June, 10, 12:30:00
TC ENERGY HAS TERMINATED KEYSTONE
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) confirmed today that after a comprehensive review of its options, and in consultation with its partner, the Government of Alberta, it has terminated the Keystone XL Pipeline Project (the Project).
2021, June, 9, 12:55:00
OIL PRICE: ABOVE $72
Brent rose 73 cents, or 1%, to close at $72.22 a barrel, WTI rose 82 cents, or 1.2%, to settle at $70.05 a barrel,
2021, June, 9, 12:50:00
OIL PRICES 2021-22: $68-60
EIA forecasts that Brent prices will remain near current levels in 3Q21, averaging $68/b., and $60/b in 2022.
2021, June, 9, 12:45:00
OPEC+ OIL PRODUCTION UP 430 TBD
Despite the production gains, the looser quotas meant OPEC+ compliance stayed mostly steady at 111.45% compared to 111.16% in April,
2021, June, 9, 12:40:00
EUROPEAN TRANSITION FUND €17.5BLN
The Council of the European Union has approved a regulation creating the €17.5bn Just Transition Fund (JTF).
2021, June, 9, 12:35:00
UAE HYDROGEN DEVELOPMENT $122 BLN
A new “Hydrogen Alliance” was launched by the UAE Ministry of Energy and Infrastructure and three of Abu Dhabi’s largest government-backed companies (Mubadala Investment Company, Abu Dhabi National Oil Company, and ADQ) in January 2021
2021, June, 9, 12:30:00
CHINA'S OFFSHORE WIND $3.6 BLN
China Three Gorges Renewables (75% owned by China Three Gorges Corporation) had a total capacity of 11.9 GW as of September 2020, with 58% of wind, 40% of solar and 2% of small hydro.
2021, June, 9, 12:25:00
GAZPROM, BOLIVIA COOPERATION
The parties discussed issues related to the implementation of current and prospective projects in Bolivia and the elaboration of a General Scheme for the country’s gas industry development.