News
2021, May, 18, 13:05:00
UAE HYDROGEN
Green hydrogen is produced from renewable energy, while blue hydrogen is derived from fossil fuels with carbon capture, utilization and storage.
2021, May, 18, 13:00:00
U.S. PRODUCTION: OIL +26 TBD, GAS (-53) MCFD
Crude oil production from the major US onshore regions is forecast to increase 26,000 b/d month-over-month in June 2021 from 7,707 to 7,733 thousand barrels/day, gas production to decrease 53 million cubic feet/day from 83,624 to 83,571 million cubic feet/day .
2021, May, 18, 12:55:00
LUKOIL PRODUCTION 2.1 MBD
In the first quarter of 2021 LUKOIL Group's average hydrocarbon production excluding the West Qurna-2 project was 2,152 thousand boe per day, which is 4.2% higher quarter-on-quarter.
2021, May, 17, 11:50:00
OIL PRICE: NOT BELOW $68
Brent fell 21 cents, or 0.3%, to $68.50 a barrel. WTI eased 9 cents, or 0.1%, to $65.28.
2021, May, 17, 11:45:00
NUCLEAR POWER: CLEAN, LOW-CARBON, SUSTAINABLE
Nuclear energy should be clearly recognised in national and international policies and conventions as clean, low-carbon and sustainable alongside other low-carbon, clean and sustainable energy technologies.
2021, May, 17, 11:40:00
RENEWABLES INVESTMENT HAVE TO UP
global investments in energy transition technologies need to more than double to $4 trillion annually until 2050, from $1.8 trillion in 2019,
2021, May, 17, 11:35:00
INDIA'S COAL CLIMATE RISK
The last national electricity plan of 2018 predicts a renewable energy capacity of 275GW by 2027, with plans for significant coal capacity additions (to the order of 50GW) during 2017-2022 as well as 2022-27.
2021, May, 17, 11:30:00
GERMANY'S COAL REFUSING
Until now, Germany had targeted net-zero emissions by 2050. It has now committed to becoming carbon-negative by that date, meaning taking more carbon out of the atmosphere than it puts in.
2021, May, 17, 11:25:00
CHEAP RENEWABLE ENERGY STORAGE
Pumped hydro energy storage constitutes 99% of global storage energy.
2021, May, 17, 11:20:00
SEA NUCLEAR SMR
The NuScale Power Module is a pressurised water reactor with all the components for steam generation and heat exchange incorporated into a single unit.
2021, May, 17, 11:15:00
U.S. RIGS UP 5 TO 453
U.S. Rig Count is up 5 from last week to 453, Canada Rig Count is up 4 from last week to 59.
2021, May, 13, 18:00:00
OIL PRICE: NOT ABOVE $68
Brent was down $1.75, or 2.5%, at $67.57 a barrel. WTI was down $1.80, or 2.7%, to $64.28 a barrel.
2021, May, 13, 17:55:00
GLOBAL OIL DEMAND WILL UP BY 6.0 MBD TO 96.5 MBD
For 2021, world oil demand is expected to increase by 6.0 mb/d, unchanged from last month’s estimate, to average 96.5 mb/d.
2021, May, 13, 17:50:00
U.S. OIL INVENTORIES DOWN 0.4 MB TO 484.7 MB
U.S. commercial crude oil inventories decreased by 0.4 million barrels from the previous week to 484.7 million barrels,
2021, May, 13, 17:45:00
BRITAIN'S NUCLEAR KEY
Nuclear power, whether large-scale, small-scale, or advanced, will have a key role to play in meeting the country's net-zero by 2050 goal.